What is Kairos?
Anyone who is on Facebook (which is pretty much everyone) will know that there is a sophisticated facial recognition system in place to identify the people in photos and videos. What if this could be applied to the real world? And what if the current capabilities could be expanded on? Facial recognition that could not only detect faces, their age, gender, and ethnicity, but also the emotions they express, and how much attention they are paying. What if all the data yielded from this technology could somehow be stored on a common database that could be shared by businesses? Could facial recognition be used to help businesses fine-tune their strategies? Democratizing access to this information is what Kairos aims to do with their ICO.
How does it work?
Kairos claims on their website to be the “best in class face recognition biometrics”, and has the support of a number of international businesses. Their current project is about “democratizing access – enabling anyone to protect their anonymity and truly control access to their identity.” In effect, Kairos wants to migrate their existing database of facial recognition data to a blockchain-based platform. This will allow users to contribute to the database, make use of the collective information, and form partnerships across businesses.
What are the tokens for?
The Kairos projects have two kinds of tokens: security tokens and utility tokens. The security tokens will effectively be shares in the company, which will enable shareholders to receive information on a quarterly basis. In other words, the security tokens will be more geared towards investors. The utility token, on the other hand, will function as a monetary incentive for users to contribute to the collective database. Users can, for example, upload their Facebook information and receive tokens in return. As with currently paid surveys, users will also be able to earn tokens by answering questions of interest to businesses.
ICO Token Price: 1 KAIROS = 0.20 USD
Fundraising Goal: 30,000,000 USD
Sold on presale: 10,000,000 USD
Total Tokens: 450,000,000
Available for Token Sale: 40.4%
Bonus for the First: UP TO 50%
Min/Max Personal Cap: 1 ETH / TBA
Token Issue: APRIL 2018
Accepts: ETH, USD
Visit the website HERE.
Read the white paper HERE.
Watch the official video HERE.
Check the demo HERE.