UAE-based, Royal Kingdom Enterprise (RKE), launches an ICO to develop apps based on blockchain technology. This decision comes as part of Dubai Government’s vision to have its services and documents registered in blockchain by the year 2020.
The Royal Kingdom Enterprise decided to seek funds through crowdfunding, developing its own token (Royal Kingdom coin-RKC), in order to develop its products and services to the society in a more sustainable manner. Creating the RKC token invites the participation of network users to promote projects proposed by the company.
The initial value of each token will be $0.10 and this price will increase according to the volume of its acquisition by the market. The RKC token can be acquired from the Venture Platform, where users must register and enter the balance in bitcoin or ether to be prepared for the opening of the ICO.
For more information, read here.