What is TokenGO ?
TokenGo is a blockchain based business tokenization platform offering fair rewards to its participants who form a local community of actual and potential investors and cryptocurrency investment experts. The TokenGo platform is based on blockchain, using proprietary solutions designed and coded from scratch to improve the speed and scaling performance of the network. Owing to its architecture, the TokenGo technology concept provides for easy integration of any mobile or web application with blockchain functions through the simple TokenGo API. The unique TokenGo smart contract constructor minimizes the impact of the human factor on systematization and regulation of ICO procedures.
TokenGo offers a consolidated web platform with personal cabinets and comprehensive information on connected and forthcoming services and projects, as well as the current ICO procedures. The TokenGo community strongly supports the concept of economic incentives as the main tool for attracting participants and, consequently, allowing them to receive fair remunera-tion, proportional to their contribution.
The TokenGo Community’s web platform enables participants to create media content in the form of reviews, expert analyses or forecasts and hold discussions using comments and votes. The Community’s essential objectives include creating high-quality content and promoting active social interaction among the participants to ensure an efficient and professional approach to investing. In order to boost this process, we offer an incentive scheme based on a DPoS consensus customized modification, which involves fair distribution of GoCoins among GoPower token holders and other categories of Community participants.
From Token to your Investment
Firstly, it is a powerful financial tool.
Secondly, it is a tool designed to control participants’ and investors’ behavior. Different pur-poses and applications of tokens, as well as an established reward system specified in the project WhitePaper are able to encourage most Community participants to take certain actions and to drive them to achieving the common goal.
Thirdly, as analysis and practice have shown, not only business models but also separate business processes can be subject to tokenization which allows introducing an additional financial component into them.
Open Token Circulation System
The cost of a token, as well as that of any other asset, is determined in a deal only. If a token is not traded on the exchange and cannot be used in transactions with certain liquidity, we cannot speak of its cost. Any efficiently operating system has to be closed, i.e. there should be people motivated to buy and sell the asset. When the balance is disrupted, the cost of the token plunges.
Lack of a Unique Offer
If a project has not set up an incentive and reward system for token holders and the token offered can only be sold without loss, it means that the token does not have any uniqueness or value. Holders of such tokens will get rid of them at the earliest possible opportunity and use them for speculative purposes only.
Discrepancy Between Economic and Social Processes
If the token economy does not meet the reality demands associated with the project. This is most often the case in projects which are not suitable for tokenization at all.
Closeness and natural token circulation
Participants should be able and willing to exchange tokens. Without circulation, which is a must for any efficient financial model, success cannot be attained.
Providing Investment Attractiveness
It is the attraction of investing in a token and subsequent possibilities of its use that give con-fidence in a further increase in the token cost, for example, due to the Community develop-ment, growth of the financial circulation, market reach, etc. Token closeness to any process characteristic of the project scale will cause gradual increase in its rate and boost investors’ trust.
TokenGO Ecosystem
The TokenGo ecosystem ensures the complete closeness of economic and social processes and meets all the aforementioned present-day requirements in order to succeed and enable its participants to earn income. GoPower token owners are by default allowed to participate in producing the project’s in-house payment cryptocurrency — GoCoins — through the process referred to as Minting.
GoCoin (GOC) is a single payment instrument on the TokenGo platform, a cryptocoin which is generated daily as a result of minting based on the proprietary, modified DPoP consensus algorithm. GoCoin is distributed among the platform participants by a special algorithm and provides financial backing for ICO procedures on the TokenGo blockchain.
GOC coins produced by minting are distributed as follows:
5% are distributed as a reward for Delegates/Miners. The remaining amount is taken as 100% and distributed among GoPower token holders and Activity and Harvesting partici-pants as follows:
During the first month of the platform operation, 100% of GOC are distributed among all GoPower token holders as a reward.
Starting from the second month of the platform operation, 90% of GOC are distributed among all GoPower token holders and 10% of GOC are distributed among participants based on Harvesting and Activity results.
Starting from the second year of the platform operation, the amount of GOC to be distribut-ed among all GoPower token holders will be reduced by 10% annually while the amount to be distributed based on Harvesting and Activity results, will, in its turn, increase by 10%. This will go on until the ratio of 20% to GoPower token holders and 80% to Activity and Harvesting participants is achieved.
This mechanism is preconditioned on the monthly increase in the number of participants involved in Activity and Harvesting processes, which will naturally require an increase in the total remuneration amount to be distributed. At the same time, the estimated inevitable growth of the GoPower rate will maintain the attractiveness of rewards in GOC received from minting and distributed among GoPower holders. Thus, natural regulation of the GOC distribution will be attained, without the need for any additional emissions.
GOC received as a reward by GoPower holders, Delegates, Authors and Curators, can be used as follows:
to pay for any products or services provided by the TokenGo platform or projects con-nected to it, including any online stores, service bureaus and other services;
to put up for sale on the in-house cryptocurrency exchange;
to be instantaneously exchanged using a special trading robot;
to be invested in ICOs of projects connected to the platform to purchase their tokens for earning extra income in the future.
Originators of projects and business models interested in holding ICO procedures will pur-chase GOC as the only means of settlement with TokenGo when implementing campaigns for those projects. This can be either a basic connection to the TokenGo Blockchain involving emission of their own tokens, or a payment for additional products and services offered by the platform, such as web design services, creation of customized landing pages, develop-ment of DDoS protection or data security solutions, etc.
Third-party investors who do not have their own GoCoins to purchase tokens of the projects holding ICOs can also purchase the coins through the TokenGo cryptocurrency exchange.
GoCoins received in the course of ICOs can also be disposed of by any means available:
paying to the TokenGo platform for any current works or services,
paying for any products or services of other projects connected to the TokenGo platform such as online stores, service bureaus and other services;
putting them up for sale on the in-house cryptocurrency exchange.
exchanging them instantaneously using a special trading robot.
GOC can be purchased using some popular cryptocurrencies or fiat money. In order to enable instantaneous exchange, the TokenGo platform utilizes a proprietary crypto-ex-change robot which exchanges necessary currencies in the real-time mode and pays remu-neration to sellers in the necessary currency.
Thus, a closed cycle is formed, which continuously maintains the attractiveness of the in-house coin (GOC) and the GoPower token.
GoPower Token Potential
GoPower is a token emitted on the Ethereum blockchain. GPT is the fundamental highly liquid unit of the platform and is used for the TokenGo ICO.
The total amount of tokens produced is limited to 700 million GPT. No additional emissions are provided for. The TokenGo consensus utilizes the customized modified DPoP (Delegated Proof of Power) algorithm which is based on DPoS/PoW hybrid algorithm. Its specific features include the use of a special GoPower token, which is the basis for determining the GoCoin minting prior-ity. The more GoPower a Delegate/ Miner owns, the more GoCoins he or she can receive during distribution.
Up to 90% of all produced GoCoins will be distributed among GoPower token holders.
Therefore, the main driver of the token cost growth is the possibility of participating in GoCoin production.
GoPower has paramount importance when distributing GoCoins (GOC) – TokenGo’s in-house cryptocurrency. Thus, under otherwise equal conditions, the more GPT a partici-pant of TokenGo has on the account when remunerations are accrued, the more coins he or she will receive to the account as a result of distributing the total amount of GOC produced by minting.
ICO
Dates: February - April 2018.
Soft Сap: 10 000 ЕTH.
Hard Сap: 250 000 ETH.
Finished on: either by reaching Hard Cap or upon reaching the end of the ICO.
Starting from the first day of the ICO procedure, the cost of GoPower tokens will increase by 0.5% a day.
The final cost of GPT will be fixed on the last day of the ICO.
GoPower Token Distribution For ICO
ICO Bonuses Program
Minimum number of GoPower tokens to be purchased – 1 GPT.
All the bonuses are cumulative.
Global Bonuses for ICO
the 1st week of ICO — 30%;
the 2nd week of ICO — 20%;
the 3rd week of ICO — 10%;
the 4th week of ICO — 5%.
Personal Referral Bonuses for ICO
When purchasing:
Purchase of 100 to 1000 GPT — 5% to the invitee and 10% to the inviter.
Purchase of 1001 to 5000 GPT — 10% to the invitee and 20% to the inviter.
Purchase of 5001 to 1000 GPT — 15% to the invitee and 25% to the inviter.
Purchase of 10001 GPT — 20% to the invitee and 30% to the inviter.
If you interested to buy some GPT Tokens please feel free to visiting this link
More information you can also update on this links :
Website : https://tokengoplatform.com/
Whitepaper : https://tokengoplatform.com/pdf/tokengo_whitepaper_EN.pdf
Facebook : https://www.facebook.com/tokengoplatform/
Twitter : https://twitter.com/Token_Go
Github : https://github.com/TokenGo
Reddit : https://www.reddit.com/r/Tokengo/
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Ethereum Wallet Address : 0x24F26311B28E86523DB5f34BbF69cb63f331D403
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