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Use KQingdom app and own upto 50pc stake in its biz

A new trend just might be in with this. You own stakes and gain benefits from an app that you use

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Sanghamitra Kar
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KQ

NEW DELHI, INDIA: A new trend just might be in with this. You own stakes and gain benefits from an app that you use.

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KQingdom app offers its users to collectively own 50 percent stake in the business and future profits. Users can additionally keep scores with friends and others for fun, while at the same time have real tangible benefits.

Lucky Gupta of KQingdom said that," The business model of all social apps is driven by their user base, and their continued active participation. Effectively, the users are responsible for their sky rocketing valuations with our personal profile information, network connections, and posting of content, while the chat app just provides a platform. However, users end up being short-changed, while the app promoters and investors mint billions. KQingdom management believes that they are correcting this imbalance by partnering with its users and forging a strong bond with them."

The app's patent-pending algorithms measure users app activity on several parameters to determine the individual contribution each user has made towards the growth of the app business.

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For instance; how early did the user register, number of messages sent and received, time spent in-app, the frequency of use, number of friends joining the app, number of referral credit received from friends for joining the app, the number of likes received and other such activities.

Gupta further added, "In future, the users will be able to collect their rewards in the form of digital money transfer, cash into digital wallet, coupon, discounts, and vouchers, once the company is profitable. The users respective profit share at the annual profit declaration will be determined as a percentage of users accumulated KQingdom Coins total net KQins of all users."

The users will also be allowed in the future to sell their owned KQins to interested buyers. The Users will further accumulate interest over their earned KQins, so that early adopters get a first mover advantage.

The app is available for Android and iOS users.

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