Kilocoin is a measurement of value. Since electricity, distance, weight, computer bites can be measured in kilos, it was destined that value would be one day similarly gauged. While bitcoin is the gold standard and litecoin the silver, kilocoin is designed to find its place as the electronic copper with each coin set initially at .01. In the new stateless world at kilocoin.com you are able to transfer coins between each other, as a medium of exchange, bid/buy, offer/sale your coinage in exchange for foreign currencies.