Kryptofranc (KYF) press release
Kryptofranc (KYF) to stop its NGO voting platform to pivot to a new project called W.O.K.
Paris, France 03/24/2021:
In July 2019, the authors of Kryptofranc (KYF) a blockchain based on Bitcoin Core published a press release announcing the creation of Kryptofanc and its quotation on a major crypto exchange.
This new innovative blockchain based on Bitcoin was designed to be a human right platform, and to connect the crypto technologies with the NGO (Non-Governmental Organisation) who needed funding from the crypto investors.
However, our voting platform did not attract the attention the way we expected, and failed to become a significant draw for these organisations.
As a conclusion of this experience, the Kryptofranc team will stop the voting platform located on our website.
A total of 10493377 KYF have been donated to 118 NGO associations. These will be available to any official representative who will contact us.
“We decided to use the KYF the way it was supposed to be when I first started working on Kryptofranc and Franc in 2017” said Nicolas Choukroun. “The crypto currencies are struggling to be accepted in the real world because the governments and the banks are resisting to these new technologies, my conclusion was that if the real world don’t want the crypto-currencies to be mainstream, then let’s create a virtual world where these will power a virtual economy: in a game or a social networking platform! Let us create a place where people can have a true virtual life and make a living out of our crypto-currencies. Connecting gamers and crypto is guaranteed to be a success.”
“We have tried our best to use the crypto-currencies technologies to build a better world. In the real world, the goal proved difficult to achieve. Still we believe we can build a better virtual world and draw a large community of fun loving, freedom loving members from around the planet” Added Jean Martial Lefranc. ‘We have to move forward with our projects, over 5 000 investors are now involved in KYF trading. we have grown more than 600% since we started trading and we are just at the beginning.”
For 2 years, ending in 2023, Kryptofranc will be offering staking to their investors by giving 15% APR rewards in Franc, a smart contract that will complement Kryptofranc in a virtual world named W.O.K. Anyone who is holding 5 Million Kryptofrancs or more on a Kryptofranc wallet’s address will receive 1.172% of their holding in the form of Franc tokens every month.
Franc will be tradable in a major exchange just as Kryptofranc, and both will empower a project codenamed W.O.K.
The Kryptofranc website is here: https://kryptofranc.com
The W.O.K website is here: https://wok-blog.com