1. Kick is an idle token. In the KickICO white paper you can see tons of graphs describing thousands of various projects. Now, it’s been more than a year and real projects are far too few. KICK’s supposed to be a vehicle for tokenomics based on platform’s paying services. However, millions of KickCoins seem to go around in circles as it is extremely hard to discover any decent project within KickICO. The value of idle token is far below the cost of electricity spent on taking out this crypto out of the wallet. In short, the concept of it all can be called now as “we’re screwed”.2. July’s strange pump. Instead of shedding some light on it, the public is being still kept in the dark. There were nor press releases neither any explanations from the company. KickICO people didn’t even bother to introduce any good projects that would have been attracted serious KickCoin investments. Besides, somebody had decided to put their hands on as much tokens as possible merely buying huge amounts of them. No wonder, if this turns out to be a team member.
3. A peculiar hack. If the project managed to blow off the contract owner’s private key, you can be sure that the security side of it is in shambles. Whatever Anti promises, as he said “to recover everybody’s everything by request” this brings us to a thought that KickICO can draw tokens whenever they want. It’d be nice to scan their smart‐contract to identify some extra issues.
4. Low liquidity. KickCoin has been traded on KuCoin and… that’s it. There’s no substantial trade volume elsewhere. Hitbtc and exmo froze token’s input and output. This happened possibly due to the aforementioned hack but that doesn’t make it any better. Highly anticipated listing on Binance exchange was replaced by poor Coinbene substitute. Are you serious? Do you really think Binance will list this crap at all?
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