Greetings to all! Today I will tell you the basics of the TokenGo TokenGo Token economy. Up to 90% of the total GoCoin received as a result of the leasing is distributed between holders of the GoPower token. Consider its definition, characteristics and economic opportunities in TokenGo more.
GoPower (GPT) GoPower - a token issued on the basis of the blockbuster Ethereum. GPT is a fundamental unit of the platform with high liquidity and is used to conduct ICO TokenGo procedure. The total volume of generated tokens is limited and amounts to 700 million GPT. There are no additional emissions.
GoPower token price increase Starting from the first day of the ICO procedure, the cost of GoPower tokens will increase by 0.5% per day. The final cost of the GPT will be fixed on the last day of the ICO.
Distribution of tokens on ICO The overall plan for the distribution of the entire volume of released GPT tokens looks like this:
- Free sale
- Reserve for mutual settlements with strategic partners and early investors
- Reserve for the development team
- Reserve for distribution during the Bounty Campaign
- All unrealized tokens will be destroyed.
ICO
- Dates: February - April 2018.
- Soft Сap: 10 000 ЕTH.
- Hard Cap: 250,000 ETH.
- Finish: Hard Cap or when you reach the end of the ICO.
The process of charging GPT tokens in the ICO phase
When purchasing any number of GoPower tokens, their ownership is fixed in electronic (software) form after 3 confirmations with the help of Blocking technology and does not require verification procedures, as well as the provision of any identification documents. All purchased tokens become available in the Member's Personal Account and can be withdrawn to their own purse address at any time. The exception is tokens, accrued to participants during the bounty campaign. These GPTs become available to the output only after the ICO TokenGo procedure is over.
GoPower token capabilities
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 dedicated GoPower token, which is the basis for determining the priority of GoCoin coins. The more GoPower the Delegate / Miner owns, the more GoCoin coins it will be able to receive when distributed. Up to 90% of all manufactured coins, GoCoin will be distributed among the holders of GoPower tokens. Therefore, the main driver of the token cost growth is the opportunity to participate in the production of GoCoin.GoPower coins is of decisive importance in the distribution of GoCoin (GOC) coins - TokenGo's own crypto currency. Thus, with other things equal, the larger the GPT has on its account the TokenGo member at the time of charging remuneration, the more coins he will receive at his own expense as a result of the distribution of the total amount of GOC received as a result of the leasing.
GoPower will have the Voice Power 10 times more than GoCoin for earnings in polls.
The strength of the voice depends on the availability of the GoPower and GoCoin participants. That is, the greater the "Strength" indicator, the higher the TokenGo Voice's power of this particular participant in the vote.
The mechanism for using tokens after the end of the ICO procedure
After the end of the ICO procedure, the TokenGo Currency Exchange will be launched, where the GoPower tokens will be freely sold. GoPower tokens will also be available on other crypto-exchange exchanges acting as TokenGo partners.
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