Because the Virtual International is transferring on, the use of new Blockchain Generation founded Cryptocurrency is occurring. Cryptocurrency is a quite new strategy to make investments and set up our wealth one day.
On this virtual bull run, Kok Play is one form of Virtual Provider and in addition a cryptocurrency token, named Kok Play Coin.
Kok Play lets in traders and dealer to get entry to their virtual content material Platform and made an funding alternative and transaction with Kok Play Crypto Token.
More than likely, for this sort of Virtual Provider and making an investment thru a Virtual Coin, some other people believe the KOK Play Provider sport to be a rip-off or some assume, it’s actual.
Right here, on this researched content material, I can evaluate What the KOK Play Corporate is all about if it is an MLM Cryptocurrency Rip-off or Original Crypto Funding Token.
What’s Kok Play?
“KOK” stands for Keystone of Alternative and Wisdom. Kok Play supplies a virtual content material platform that permits other people to get entry to their virtual content material. That is according to the newest Blockchain era the place other people can make investments and industry their cash thru Kok Play coin.
KOK Play claims to be an absolutely decentralized virtual content material platform through operating with the motto: ‘Honest & Shared Virtual Contents Ecosystem Enabled through Blockchain and AI’.
Most commonly, the corporate specializes in virtual content material corresponding to are living streaming, video games, webtoon, track, Ok-dramas, and films. Additionally, there may be the choice for on-line and offline buying groceries. There are 4 languages to be had at the web page, English, Korean, Jap, and Chinese language.
The Kok token base DApp is controlled at the blockchain. Some declare that it’s NFT (Non-Fungible Tokens). NFTs are used to promote or public sale virtual items and artifacts.
The KOK token is indexed on Coinmarketcap as proven within the chart. It’s ranked 621 within the world marketplace. It advanced into ERC-20. An ERC-20 token is a regular that governs the advent and issuance of good contracts at the Ethereum blockchain.
The Guy in the back of KOK Play Coin
Principally, There is not any details about who based the KOK Play undertaking on its web site. However, As in line with the White Paper of KOK Play, Younger Cho is the CEO, Kiwoon Baik is the Vice Chairman.
Andrew Park is the CSO, and Yongseok Kwon is the CTO of Kok Play.
Observe: Kok-play.io area used to be first registered in August 2019. The mother or father corporate of Kok Play is Medium inc. whose area is themedium.io used to be registered on 15 October 2018.
Kok Play Corporate Profile
| Corporate Identify | KOK Play |
| CEO | Younger Cho |
| Began | 2019 |
| Merchandise and Products and services | Crypto Token & Virtual Content material Platform |
| Web site | https://kok-chain.io |
How the KOK token works
The use of the KOK Play app in your Android or IOS cell phone, you are going to get get entry to to their surroundings the place the whole thing is in a single program and the app is used within the decentralized internet. The app has a KOK Token Mining function together with get entry to to on-line video games, on-line buying groceries shops, Wen Sequence announces, and so on.
Associates can generate additional income thru promoting video games, buying groceries portal charges, and basic KOK token transaction charges. This token operates at the base DApp blockchain and NFT which is USD to promote or public sale virtual items and artifacts.
KOK Play’s Services and products
Kok Play has now not any retail merchandise or products and services. Associates of Kok Play marketplace KOK Associate Memberships to others.
There are 3 to be had funding plans:
- Purchase $100 – $1499, and get a three% go back per thirty days
- Purchase $1500 – $9999, and get a 5% go back per thirty days
- Purchase $10,000 or extra, earn 7% per 30 days returns
As soon as 200% ROI is reached, associates want to reinvest to proceed incomes.
The way to Sign up for Kok Play
To enroll in this virtual content material platform, all you wish to have to do is set up the Kok Play Android or iOS app. While you do that, you’ll be able to get started registration through coming into the desired main points and environment a password. Here’s the step-by-procedure for Sign up for Kok Play.
- Step #1: Set up the Kok Play app in your Telephone.
- Step #2: Input the desired main points and sign up through environment a password.
- Step #3:Deposit no less than $100 to begin mining. It may be deposited into the pockets with BTC, ETH, or USDT.
- Step #4: After Deposit cash and get started mining and Invite extra other people to earn more cash for your pockets.
KOK Play Associate Ranks
As in line with the reimbursement plan of Kok Play, it provides 9 associate ranks with other eligibility standards.
| Stage | Standards |
| Associate | Join and put money into KOK tokens |
| 1 Superstar | 5 without delay really useful other people |
| 2 Stars | 1 megastar each and every on 3 strains with 5 direct suggestions |
| 3 Stars | 2 stars each and every on 3 strains with 10 direct suggestions and over $30000 in referral quantity |
| 4 Stars | recruit 3 3 Stars |
| 5 Stars | recruit 3 4 Stars |
| 6 Stars | recruit 3 3 Stars |
| 7 Stars | recruit 3 5 Stars |
| 8 Stars | recruit 3 6 Stars |
Observe: Take into account, recruited associate individuals through you will have to even have lively investments incomes a day by day ROI to rely in opposition to rank eligibility.
Kok Play Reimbursement Plan
1. Referral Commissions
Referral commissions are earned through becoming a member of other people as new associates
KOK Play will pay referral commissions the use of a Unilevel reimbursement construction that puts an associate on the best of a Unilevel group.
- Recruit 1 Associate and Earn a 100% Referral Fee Fee at Stage 1 (Individually Recruited Associate).
- Recruit 2 associates and earn 100% at point 1 and 20% at point 2.
- Recruit 3 associates and earn 100% at point 1, 20% at point 2, and 10% at point 3.
- Recruit 4 associates and earn 100% on point 1, 20% on point 2, and 10% on ranges 3 and four.
- Recruit 5 associates and earn 100% on point 1, 20% on point 2, and 10% on ranges 3 to five.
- Recruit 6 associates and earn 100% on point 1, 20% on point 2, 10% on ranges 3 to five, and 5% on point 6.
- Recruit 7 associates and earn 100% on point 1, 20% on point 2, 10% on ranges 3 to five, and 5% on ranges 6 and seven.
- Recruit 8 associates and earn 100% on point 1, 20% on point 2, 10% on ranges 3 to five, and 5% on ranges 6 to eight.
- Recruit 9 associates and earn 100% on point 1, 20% on point 2, 10% on ranges 3 to five, and 5% on ranges 6 to 9.
- Recruit 10 associates and earn 100% on point 1, 20% on point 2, 10% on ranges 3 to five, and 5% on ranges 6 to ten.
The extra other people one brings to the corporate, the extra one earns.
Referral commissions are paid as a proportion of KOK token returns paid day by day. The extra other people join the corporate, the extra an associate can earn. Those commissions are generally calculated per 30 days around the Unilevel group.
Technology Income
Technology Income or the mining praise is earned after staking a certain quantity of cryptocurrency. On this Platform, the Kok Play cryptocurrency token is the same as the % of the USD price of the token deposit that will likely be paid as a praise. Those commissions are paid on group ranges.
| Stage | Staked quantity | Praise Proportion |
| 3 Stars | $100 or extra | 3% |
| 4 Stars | $1,500 or extra | 5% |
| 5 Stars | $10,000 or extra | 10% |
Associate ROI Fee
By way of Making an investment $300 or extra, Bonus fee charges are paid on per 30 days returns to in my view recruited associates.
| Stage | Requirement |
| 1 Superstar | 1% Bonus |
| 2 Stars | 3% Bonus |
| 3 Stars | 3% Bonus |
| 4 Stars | 3percentBonus |
| 5 Stars | 4% Bonus |
| 6 Stars | 5% Bonus |
| 7 Stars | 6% Bonus |
| 8 Stars | 10% Bonus |
Is Kok Play Rip-off or Professional?
Merchandise And Products and services
The corporate has virtual content material platforms the use of cryptocurrency and AI era for the betterment of advertisers and creators. However, actually, there is not any fascinating distinctive high quality content material at the platform. Principally it displays the ones movies, dramas, and Video games which are simply to be had on Youtube Unfastened Model, Playstore, and AppStore.
Kim Kyung-Nam, a legal professional on the Seoul-based ForYou felony company is opening in that Kok Play’s claims that it could overthrow “present media conglomerates and make large income” have been “baseless’.
In step with a revealed article in Korea Instances Day-to-day, The legal professional claimed that Kok Play had so far created simply 10 TV techniques that may be “considered totally free on YouTube.” Kim added that it used to be “just a subject of time” earlier than traders “go out and a run at the coin happens.” Kim Kyung-Nam concludes, Even this program can also be considered totally free on YouTube.” What is bound is that those that entered Coqcoin will have to break out now.”
About Corporate
As in line with Linkedin, Kok Play Basis is situated in Dubai. However, as in line with their reliable, their executives are founded in South Korea. Additionally, their mother or father corporate, themedium.io used to be registered on October 15, 2018, which displays, this can be a new group, now not the previous one. And, the mother or father corporate, Medium have additionally a Token identify, MDM. As you’ll be able to see on coinmarket.com, the Token isn’t so standard. In April 2022, Russian government say KOK PLAY is a pyramid scheme and their web site area has been deserted since.
Incomes Means
Nowadays of researching the corporate and writing the publish, the corporate has any services. So, how you’ll be able to earn cash? The Associate of the corporate is earn cash through selling their becoming a member of club. When some purchase and sign up for the corporate through paying $100 or extra to the KOK Tokens, the associates will earn cash, not directly, indirectly. The corporate will give the volume in KOK Tokens, which you wish to have to switch into greenbacks.
Reddit Put up
For the ones of you now not very versed in crypto currencies, decentralized networks want other people to lend their pc processing energy to run the community. That is most often accomplished through providing rewards for contributing according to how a lot you give a contribution to the community within the foreign money of that community. This procedure is referred to as mining and is beautiful commonplace however isn’t an excessively profitable trade as a rule.KOK fashions itself as an unique crypto get started up undertaking with the be offering to shop for in “on the flooring ground” because the gross sales pitch is going. You purchase in to get their tokens (which they do in reality have an ERC-20 token). An ERC-20 token is a coin this is made on and run at the Ethereum community (the second one greatest crypto foreign money). They’re actually simple to make, more or less like a telephone app, and are actually a dime a dozen nowadays (there are like 2-3k erc-20 tokens).The rip-off then combines a ponzi scheme disguised as “crypto mining” with a pyramid scheme ala just right old school multi-level advertising. The place the extra you recruit the upper your passive rewards within the ponzi scheme is going. Charges are excessively too prime from 3-7% per thirty days (36-84% APY) and going as much as 200% per thirty days. Which is grossly over the top for a passive source of revenue crypto staking program, particularly one thats centralized and has no customers or community customers but.
Execs and Cons of KOK play
Execs:
- Founders of the Kok Play appear to be skilled in Generation Box and appear to be well-dedicated.
- Kok Play has a Virtual COnetnt platform that says to provide quite a few products and services and funding alternatives.
- The Proportion of Fee is just right to earn.
Cons:
- They declare to rival Google Play and the Apple Retailer, however they’ve but to create their very own foreign money
- Kok Play looks as if Pyramid Scheme. Since the major income comes thru recruiting associate individuals.
- The founders are related to failed crypto scams.
- KOK play does now not declare to be registered with any monetary regulator.
Conclusion
To Sum up the evaluate, after Examining those all information, I made up our minds to stay KOK PLAY in Purple Zone. I’m hoping you’ve gotten noticed all about the true information of the corporate and its Token. Now, It relies on you, Do you want to sign up for or now not? In case you say, what I can do, My Solution is, I can now not sign up for the ones types of firms or schemes.
Now, I wish to know you:
Have you ever already invested in Kok Play Coin? or desirous about it?
Let me know within the remark segment now.
Overview of alternative cash:
A Blogger, Trade Analyst! Somraj Mondal is In depth revel in in search engine marketing and inspecting Various kinds of Companies, Corporations, and new strategies of Advertising. Fountainhead of Noni4all, enthusiastic about Virtual Advertising and in addition Python Programming.