TheKey ICO (TKY) - How to invest with NEO?

in #cryptocurrency7 years ago (edited)

TheKey ICO - 2nd generation identity verification (IDV) for internet using blockchain technology!

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What makes it attractive?

With growth in digital technologies, security and identify is a key theme and there is a strong need for secure identify verification. Civic has been a key player in that direction. TheKey is also a step in that direction with a strong footprint in China with patents, copyrights and associations in the industry / government. While CIVIC requires you to install the app, TKY works within the internet framework and uses smart contracts to settle transactions.

  • CHINA, CHINA, CHINA
  • 15 patents and 23 copyrights accepted by IP office in China
  • IDV is currently being deployed in 41 cities covering 130 MN people with 1st generation solution already in use in 2 pilot cities
  • Personal identity data of 210 MN people in 66 cities is connected on a real-time basis along with commercial contracts with leading firms
  • TheKey is headed by Catherine Li, CEO who won the 'Most outstanding women entrepreneur in China' - there is also a solid team with background in blockchain, programming & R&D

In summary, there is a lot of hype (rightful) around this ICO and many people think this is going to moon 100x or more in a short period. I'm certainly investing and this guide is simply to help simplify the investing process as many are unsure about using NEO wallets.

How to invest?

Pre-ICO is already finished. You should login using the link below to register for the whitelist for the crowdsale that will be announced soon this month.

Here's how to invest:

  • Register for the crowdsale whitelist (soon)

You may use my affiliate link to register for whitelist: https://www.thekey.vip/referral/6865bf4e or directly login to the website here without the affiliate link: https://www.thekey.vip

  • TKY recommends using NEO GUI but like me, you may not want to download the entire blockchain so I recommend you use either NEO Tracker (web wallet) or NEON wallet (desktop) -- DO NOT USE AN EXCHANGE
  • If you do not see your tokens reflected in the wallet after the ICO, do not worry - they are still on the blockchain and will get updated soon
  • Create a new wallet if you do not have one and use the public key for the whitelist registration on either of the wallets
  • That's it - you can send NEO to this wallet and invest directly from here to the crowdsale after you are whitelisted
  • Note that you should always send NEO without any decimals accounting for GAS fees as NEO is not divisible!!

Happy investing!

Update:

  • Crowdsale dates have been announced - be ready at 10 AM Beijing time - there is a cap of 10 NEO per person
  • As of Jan 10th, there are 24,000 people on the telegram group and over 26K on the whitelist
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IMPORTANT UPDATE:

  1. All NEO wallets available on https://neo.org/download will be able to send NEO to our wallet address during crowdsale;

  2. Any valid address ( except exchanges )on the mainnet of NEO including neon, neotracker, roottoken will be capable to receive TKY. Currently only NEO Gui, the official NEO wallet developed by NEO, is fully compatible with TKY. We are contacting with NEON, neotracker and Rootoken team, they will be compatible with tky soon ;

  3. The conversion rate between NEO and BTC as well as the price of TKY for crowd sale will be announced at 9:00am on Jan 15th Beijing time (1:00 am, Jan 15th GMT). Only whitelisted users are eligible for the crowd sale.

  4. A NEO wallet address will be shown on the crowd sale order form. Crowd sale will complete when whichever of the following conditions is met: 1) 24 hours after the crowd sale launch; and 2) the total order amount hits 10,000 NEO.

  5. To participate in the crowd sale, you should log in to your account at www.thekey.vip, navigate to orders, place the order and make payment in accordance with the order

@deepakagarwal This is amazing as too many people look for the only bitcoin when it comes to investing in cryptocurrencies. But this kind of posts let them know about the existence of altcoins and they may try investing in altcoins too. Ripple seems to get an increase in value these days.

deepakagarwal!! Thank you, your Post. i upvoted.^^

thanks for posting this.
ledger nano s also has a NEO wallet, can I use that for this ICO?

Here's the feedback from their telegram channel for ledger nano:
For ledger protected wallet. you need to wait until a new version of NEON is released that will enable nep5 sending. OR you can use your ledger seed to get the private key and send tky using another wallet. Neon with ledger cannot send nep5 for now. It can receive only. If you want to be able to trade tky quickly don’t use a ledger protected wallet. If you are happy to hold then ledger is fine.

thanks
does neon wallet work with nep5? is it ok if I send neo to them using neon wallet? can they send the tokens to my neon wallet?

In case your tokens are not visible, they are still going to be on the NEO blockchain so you will not lose them. They are working on an update to ensure it works with NEON (for receiving). Follow their telegram channel for more clarifications. I don't want to download the blockchain so I will follow the above process.