News for the people who couldn’t take part in the meeting.
There was a small internet informal meeting for New Kizuna Coin on October 3rd 2020 specially. So nice thirty four guys all over the world have a good time to know new information. A big meeting was scheduled to be held in Little Tokyo, LA but it was canceled for safety due to the influence of COVID-19.
First, Mr. Paul Craig, the producer of The KIZ Association(TKA) who works in the Hollywood film and animation industry for long time, greeted that “We live in a difficult world now, but we also have a great opportunity to get some business chances. I just want everyone here to know deeply New Kizuna Coin in the early stages. Just so that you won’t be misunderstood, TKA is not an operating company for old KIZ in Bit-Z. We don’t have any duty, responsibility and rights at all for it. TKA is a non-profit organization now. We just help and support it like Fan club. TKA just exists for New Kizuna Coin, not for old KIZ fundamentally. Old KIZ is not cryptocurrency anymore which works only inside of Bit-Z.”
Then Jack Brightman and some of assistant producers in TKA moderated the internet Meeting. They explained and answered questions from participants. Below is summary of a hour internet meeting.
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TKA is a non-profit organization that has not done business yet. TKA is going to change and start up as a new company in some countries to promote New Kizuna Coin system. The current cryptocurrency are mainly designed by engineers, not different industrial people. The social production is hidden behind them. In some cases, it is unclear what the technology will be used for. The issue that cryptocurrencies do not permeate society is those are used only for boasting of the tech and speculation in a small world away from everyday life. TKA will promote projects that use New Kizuna Coin, and resolve the issue.
FAQ about TKA in the internet meeting.
- Is TKA going to be a company?
YES. We have to be it for various business of New Kizuna Coin. TKA is a non-profit organization now as you know. TKA is going to change the group name to be a new company. - When will TKA start up the business?
We’re going to do it early in 2021, but it depend on the global economic status. It’s very difficult for us to predict the future due to COVID-19. - Is TKA a non-profit organization developing New Kizuna Coin, really?And New Kiz will be listed on a new exchange before TKA becomes a company?
It’s no problem because TKA doesn’t get any proceeds to do them. But we must to be a company for using New Kizuna Coin for business. Actually, one of our partners, World Nuqumority Transporters.Llc, will deal with contract and payment for New Kizuna Coin, not TKA because we are only a non-profit organization.
New Kizuna Coin currently under development is a crypto asset MADE IN JAPAN. The next month, it is going to be co-developed in London and Tokyo of post production. It also receives support from the foundation in UK. After the release of New Kizuna Coin system, the people who wish to swap could have New Kizuna Coin in Bit-Z or a new cryptocurrency exchange even though all people in TKA were very opposed to do it. We can not decided yet which exchange is better for some reasons.
Initially, we thought that old kiz’s explorer can be recovered by our great programmers and the swap only for our partners. But since it is a strong request of our CEO, TKA is also going to swap for individual investors.
FAQ about The New Kizuna Coin in the internet meeting.
- Does TKA have the rights of New Kizuna Coin?
Yes, we have. - When can I know the detail?
The detail will be released in October 2020. - Is the detail included white paper?
Yes, it is. - Can I know what technology you introduce?
You could know it within this month. TKA will introduce new technology to you. - Are you going to change newly the name of New Kiuzna Coin?
Yes, we will a little. It become a nicer one than old one. - When are you going to release the new one?
It’s going to be within this year, but it depends on the influence of COVID-19 on global economic status even though TKA is not influenced by it. - Could you swap old KIZ to New one?
YES. In fact it was only planned to swap for our partners, but our CEO hoped to swap not only for them but also for individual traders who have old KIZ in Bit-Z. From the opinion of our legal squard, there is no legal problem. However, it is not done automatically. Only the honest and motivated applicants will be able to do it manually, avoiding money laundering, etc. - How much is the initial price of New KIZ?
It will be 1 satoshi because the minimum unit of Bitcoin is 1satoshi. - Why old KIZ in Bit-Z is under 1 satoshi?
We don’t know at all the reason why.
Business we are planning is so important for 1cent stable and UBI. Because they are not possible with cryptocurrency revenue alone. We have a lot of ideas for the business with New Kizuna Coin, I'll refrain from informing them all here. But this is good meeting, so here's just one example to let you know what we will make realized. It is "Cool Japan”.
Cool Japan and Japanimation will be our main business. Of course, we do business other than Cool Japan, but the people who take part in the KIZ association love Japanimation. Especially we love Ghibli and Ponoc animation.
People from various countries play their role in TKA. We plan to utilize the New Kizuna Coin system and our global network to distribute Japanese culture and content that is not yet known to the world. Of course, we are preparing various other businesses.
FAQ about BUSINESS in the internet meeting.
- How do you realize UBI?
It needs not only cryptocurrency business but also some project and various business. We have a lot of ideas to realize it. You could know it this month. - When do you start various business?
It’s going to be started early in 2021. But influenced by global economic status. It’s very difficult for us to predict the future due to COVID-19.
NEW KIZUNA COIN OFFICIAL WEBSITE
The KIZ Association Official Twitter
https://twitter.com/newkizunacoin
That’s all !
Thank you very much for reading.
Invest at your own risk and always do your own research.
This is not official article from TKA.
Best Regards.
Written by Amy Fukuyama from LA
