Overview TokenGo ICO

in steemit •  7 years ago 

Platform TokenGo

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Table of contents:

  1. TokenGo platform
  2. Goal
  3. Problems and solutions
  4. Benefits
  5. How does it work
  6. Token
Register in TokenGo

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Platform TokenGO

TokenGo is a blocking platform for the tokenization of business
offering an equitable remuneration system for its
participants, united in the local community of acting
and potential investors, as well as experts in the field of crypto-currency
investment.

The TokenGo platform is based on a blockbuster that uses its own
Developments that are designed and coded from scratch to improve performance
speed and network scaling. The technological solution of TokenGo allows,
thanks to its architecture, to provide easy integration with the blocking functions
any mobile or web application through a simple TokenGo API. Unique
the designer of TokenGo's smart contracts minimizes the impact of human
factor in the systematization and regulation of ICO procedures.

The platform "TokenGo" offers a single web-site with personal offices and
systematized summary information on connected and preparing
to connect services, and projects, as well as current ICO procedures.
Entrepreneurs, the authors of startups explicitly need simple
understanding of the tools for the ICO procedure to
Easy integration with crowdamanding block-platform. ICO Designer
Leniding pages TokenGo fully solves this problem. ICO authors have
the ability to flexibly customize your site for ICO and quickly, in a few
clicks, integrate it into the TokenGo web site.

The TokenGo Community Web site enables participants to create media
content in the form of reviews, peer reviews, analytical forecasts, conduct
discussions through comments and voting.

The TokenGo platform is based on a blockbuster that uses proprietary designs that are designed and coded from scratch to improve speed and scaling performance. Any mobile or web application can access the blocking functions through a simple TokenGo API.

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Goal

An important goal of the Community is the formation of high-quality content
and the development of active social interaction between participants to ensure an effective and more professional approach to investing.

To promote the development of this process, we offer a system of encouragement,
which is basically a modified modification of the consensus of DPoS, which
includes the fair distribution of all issued GoCoin coins between
holders of GoPower tokens and other categories of Community members.

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Problems and solutions

At present, the development of crypto-currencies and technologies continues, analysis and
Statistics reveal problematic places and prospects for the growth of this new sphere
economy. From what we see now in the blockbuster industry, you can do
the following conclusions:

  1. The possibilities of the Block-Blade have not yet been fully disclosed.
    There are some very real problems: leaves much to be desired
    speed of transactions, limited resource of scaling and third-party
    development, it is required to refine the technology of smart contracts. The solution of these
    problems will allow the entire cryptographic community to be brought to a qualitatively new level
    level of evolution.

  2. In connection with a rapid increase in the number of projects announced to ICO, we are seeing
    insufficient number of large block-platforms that allow ICO procedure and business tokenization to be carried out in a high-quality and safe manner. Also, there are not enough full-fledged tools for the rapid development and preparation of projects for the ICO. The optimal solution to all these issues will be
    block platform "TokenGo", on the basis of which the development and
    release into the cryptographic sphere of a unique designer of smart contracts,
    setting in each case will not take much time, and
    the practical result will ensure full transparency and safety of work, as well as preparation and provision to the project founders of a set of all necessary tools (tokens, landing pages, the structure of holding bounty companies together with their personal offices for their participants, ready solutions for site security, etc .), which, in the aggregate, will significantly reduce
    financial costs, provide preparation for regulation and facilitate the process of putting projects on the market.

  3. Thirdly, we realize that the future of the crypto-financial community - in the
    formation of a closed cycle of issuance and circulation of crypto-currencies. The potential
    development lies in the possibility of unhindered practical use
    crypto-currency for non-investment purposes. Any member of the ecosystem, without leaving it
    limits, should be able to quickly access the savings not only in
    real money, but also in the necessary goods and services. This becomes possible
    thanks to the extensions of the TokenGo block-platform to the full
    ecosystem, working in partnership with numerous representatives
    startups, projects and services that fully support the above
    idea of ​​unification, self-sufficiency and service to own participants, and are ready
    provide goods and services produced in exchange for domestic
    highly liquid platform currency.

TokenGo fully supports the idea of ​​economic incentives as the main
tools, attracting participants, and as a result, allowing each of the
receive timely and fair remuneration, in proportion
contribution.

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Benefits

The emergence and further rapid development of Blockboy in the field of Internet technology has attracted the attention of people around the world. Analytical reports
convincingly prove the positive effect of blocking technology on such
important indicators of the work of this sphere, such as increasing the effectiveness of technical and
business processes, significant cost savings and risk reduction.

The TokenGo platform has the following advantages:

  1. Verification of data in real time
    Any company faces in its development with the need to collect, process
    and storage of any information. The most important in this process
    is its timely update. However, the process itself is most often
    very time-consuming, and as a consequence, ineffective, since any
    information has the property after some time to lose its relevance.
    The use of Blanchane technology completely eliminates this problem
    due to the fact that the very mechanism of its work implies a continuous,
    high-speed, decentralized updating and verification of the entire database
    data, and the impossibility of their forgery eliminates the need for any
    additional checks.

  2. Increase the speed of transactions
    Mutual settlements between business partners, companies, enterprises and
    organizations, as well as between countries, are often delayed due to the multitude of
    bureaucratic problems and checks related to ensuring the reliability of
    information and security of financial payments. Application of technology
    distributed registry, excluding theft, forgery and other types of possible
    fraud, will significantly speed up the processing of such operations. AT
    There are a lot of concepts and tested in this direction.
    development, since there is no doubt that behind the technology Blockchain is the future, no one
    no.

  3. Trust as a key element
    Trust is one of the most important factors for the success of any company's development.
    Simultaneously, in the classical model of the company it is trust to achieve
    is extremely difficult, and this can be spent for many years, and even decades
    the work of a team of experienced managers. Blokchan's technology reduces this problem to
    no, since it was originally built on trust as a key element of its
    functioning.

  4. Openness, transparency, accessibility
    Ensuring transparency of activities, accessibility and openness of data is a task
    any company that seeks success for years to come. Blocking Technology
    allows any person to check absolutely any transactions. All
    information, repeatedly copied, stored in a distributed registry
    users around the world, which excludes its forgery and theft, as well as
    It is possible at any time to verify its reliability without the need
    involvement of intermediaries.

  5. Decentralization of management
    At present, not every company is ready to transfer the traditional
    centralized management of technology Blocking, that is
    Allow users to manage the company on their own.
    However, according to many analysts, this technology is the future, and exactly
    decentralized governance, built on trust and transparency, can
    help companies to go through all stages of development, overcoming, including, and
    financial and economic crises.

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How does it work

EXAMPLES OF USING THE TOKENGO PLATFORM

  1. The TokenGo platform is an open system and allows
    use and connect to it a set of standard industrial
    JSON RESTful API. This protocol is compatible with any application that
    complies with the messaging standard, such as ISO20022 or the markup language
    FpML.

  2. TokenGo takes them into account as processes with certain outputs for recording any
    information, transactions and updates to a distributed database. Such a
    Integration allows you to successfully interact even with obsolete
    applications and solutions.

  3. Each TokenGo block-network node contains an API gateway that allows fast and
    easy to connect to any application. This greatly simplifies the development of
    mobile and web applications in any software language.

BASIC EXAMPLES OF USING THE TOKENGO PLATFORM

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Token

Two types of token

  1. GoPower
  2. GoCoin

GoPower and GoCoin can be freely sold. GoPower is of decisive importance in the distribution of GoCoin (GOC) coins - TokenGo's own crypto currency. Thus, other things being equal, the more GPT the TokenGo participant has on his account at the time of charging, the more coins he will receive at his own expense as a result of the distribution of the total GOC amount received as a result of the renter's visit. GoPower will have the Voice Power 10 times more than GoCoin for earnings in voting

Consensus TokenGo uses the adapted modified algorithm DPoP - Delegated Proof of Power, which is based on the hybrid algorithm DPoS / Pow. One of its features is the use of a specially allocated GoPower token, which is the basis for determining the priority of the Minting and the "Voice Power" in electing delegates. In the production of blocks, the consensus DPOP proposes to simultaneously use the dependence on the power capabilities of the equipment and the weight of share ownership of the GoPower tokens.

In the TokenGo block-network, block production is performed by rounds, and itself
the process of creating them is called Minting. Miners / delegates employed in
building blocks in this document will be designated as Delegates. Delegates
are responsible for two separate, but logically interrelated processes -
creation of the transaction block and verification of the received block in the main circuit with
using an electronic signature.

Each round involves the participation of the 101st Delegate elected through the voting system built into the TokenGo platform, the so-called TOP Delegates. In order to ensure motivational competition, the priority of choice and the probability of getting into TOPs directly depend on the Strength of the votes of the applicants and voters.

Thus, we will denote three fundamental facts in favor of the algorithm
achieve consensus DPoP:

  1. The incredibly high speed of transactions in the network, achieved
    Delegates without the need to check half of all network nodes include
    suitable transactions in the construction of the block transferred to the input.
  2. Democracy. Any community user who has at least 1
    GoPower, has its Voice Power and can participate in the management
    in proportion to the number of tokens available to it.
  3. High degree of controllability. There are mechanisms to
    to come to a consensus on all issues concerning the development and future of the network.

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The TokenGo ecosystem fully ensures that economic and
social processes and built with all the modern
requirements to achieve success and ensure income generation by its participants.
Owners of GoPower tokens automatically acquire the opportunity to participate in the
GoCoin coins - with
A process called Minting.

GoCoin (GOC) is a single payment and settlement facility for the TokenGo platform,
The cryptonomete, received daily as a result of a ministry using
own modified algorithm of consensus DPoP. GoCoin is distributed
between the participants of the platform by a special algorithm, and is also a financial
securing ICO procedures on the TokenGo blockbuster.

The ratio of GOC coins distributed as a result of a leasing,
looks like this:

5% is distributed as a reward to Delegates / Miners. The remaining amount is taken as 100% and is distributed between GoPower holder holders and participants of Activity and Harvesting as follows: The first month from the moment the platform starts, 100% GOC is distributed as a reward between all holders of GoPower tokens. Starting from the second month of the platform operation, 90% of GOC is distributed among all holders of GoPower tokens, 10% of GOC is distributed among the participants according to the results of Harvesting and Activity.

Starting from the second year of the platform operation, the amount of GOC distributed among all holders of GoPower tokens will decrease by 10% every new year, and the amount distributed according to the results of Harvesting and Activity will in turn increase by 10%. This will continue until the ratio of 20% to holders of GoPower tokens and 80% to participants in the Activity and the Harvesting. This mechanism is due to a monthly increase in the number of participants,
involved in the processes of Activity and Harvesting, which naturally requires an increase in the total amount of distributed awards.

Main components of a closed ecosystem

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    More information can be found here:
  1. WebSite
  2. Whitepaper
  3. Register with TokenGo

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It's nice to see that the project in the future will thank its investors and the community as a whole by giving 90% of all internal coins that will release the project .