Ah, you also received 888,888 KitckToken? Here's how to do it.

So maybe this didn't happen to you, but it did to us! And we also know that many people received a few months ago suddenly (and especially without having to ask!) a sum of 888,888 kicktoken.

We were elected in spite of ourselves. We didn't even know about the KickToken project to be honest with you.

And besides, like everyone else we also searched on the internet and in forums to understand why we had received such a sum.

We discovered with amazement (ah!) that we were not the only ones!

(We remind you that at that time, January 21, 2020, we received this amount and it was worth around $57).

Nothing significant and we left it in our wallet quietly without worrying about it. We know that this is part of the marketing strategies of certain projects and we told ourselves that we were certainly lucky but we knew little or nothing about the project.

Indeed, it was still the beginning of KickTocken and even on their site, we could not find any information…

We still found an explanation, rest assured!

As you can see and read in this article, it was obviously an airdrop. However, it was more accurately a Frozen aiddrop. Basically, this tells you that to use them, you must first defrost them.

They were smart! Very clever even. For example, indirectly we talk about it in this article and on this blog when perhaps we would never have heard of it!

In terms of marketing, we worry about them…

Now we know that it is a rather complete ecosystem which consists of an exchange platform and a crowdfunding service for startups.

At that time, the kitcktoken was worth 57 dollars...Not enough to break a duck's legs...So we let it slide.

And we didn't do anything and didn't even look at the project in more depth. Yes, with all the craziness of the year, we really had other cryptos to watch very closely.

Short.

Only, this last month, our wallet told us that our 888,888 was now worth more than 500 dollars!

See for yourself.

To our greatest surprise, we saw that this amount was becoming interesting!

And now we had to see how to exchange them, because you can have fun going to uniswap or 1inch, you will not find enough liquidity to make your exchanges.

So here is the tutorial part to know how to “unfreeze” your kicktokens if by chance you are wondering how to do it.

The 3 steps to defrost your KickTocken tokens

The first step is to go to the platform KitckTokens to register.

All you have to do is register and enter your ETH address where you received the frosty jackpot.

Then you have to click on the button on the right where it says “unfreeze”.

And, that's where you'll see all the evil genius of KickTocken.

To defrost our 888,888 kitcktokens, we need to spend KEX tokens. We have to spend exactly 8 and dust.

Well, we say to ourselves, ok, no problem, there are always costs, it's part of the game. Let's do it!

However, you cannot buy KEX directly on the platform.

The $KEX token is a semi-stablecoin operating on the KickEx platform. It would have been so much better if it was entirely a stablecoin (to calculate our fees as closely as possible). In short, the KEX token is a reward given to all traders who trade on the platform.

Well, it's quite usual, you might say, and it is indeed the case.

You should know that you receive 1 $KEX for every 4 USDT spent in fees. Remember in fees ( ! In fees: " A trader receives 1 $KEX for every 4 USDT of the trading fee they paid")

So, in my case, I remind you that if I want to unlock my 888,888 tokens, I must have around 8 KEX.

So, I must have 24 USDT in fees to withdraw my 8 KEX approximately.

Ok, but how much is 24 USDT in trading terms?

So let's do the calculation which is simple (phew).

To do our calculation, we need to know the trading fees of the platform.

They are clearly mentioned and they are weak (which is good in absolute terms, but in our case, it will be more problematic but whatever, let's do the math!).

Trading fees are for the Maker: 0.80% and for the Taker: 1.00%.

So, let's keep the 1% to facilitate our calculations which we do without a calculator. (What a feat!)

So we need to have 24 USDT in fees, a total of 2400 USDT in trading….

So, let's draw our conclusions if you like...

Conclusion: KickTocken, a scam or a sophisticated strategy?

Well, the conclusion will be short, because I think it's relatively obvious. KicToken is not a scam. We still received tokens for free and there is a real project behind it. There is indeed a platform that is regulated and works correctly.

KickToken has been really smart with its Frozen airdrop system, this pushes users to trade on the platform rather than any other. Yes, you know, once you register and make a first trade, you tend to stay because you have formed a habit.

Since I already trade on Binance for example, I could very well trade for a while on KickToken and ultimately obtain my KEX and manage to defrost my Kicktoken. I could then resell them for ETH for example. It will always be a gift, you tell me.

Especially if the kicktoken continues to increase in value.

Many people have traded on it to earn KEX and be able to defrost their tokens. What is happening is that their strategy clearly worked.

And that was actually the real goal of the article: to show you a truly formidable marketing incentive technique.

To attract customers to a platform, you have to be more and more clever and daring. This is exactly what KickToken did.

So even if we haven't yet gone on the platform to trade, we at least recognize their wonderful attempt to have brought us there.

And you? What do you think?

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