Well as you know plenty of recent icos did terrible performance After hitting Market. ive been searching for an proper ico with Good Future & Strong idea & strong team. If you’re looking for real business ICO with potential growth of 10x in one year, look no more. One high-growth company that caught our eye is gagapay. yea finally found it! gagapay network!
At the NEO ❤️ Amsterdam conference held on at the DeLeMar Theater, April 13th, Eduards Marhelis and Andras Ignacs received an award of merit for their “I made this…” E-Signature project entry to the NEO dApp competition, which was co-hosted by Microsoft. Part of the codebase for the E-Signature project went to the creation of Gagapay, a new network marketing platform built for companies to launch their own network marketing channels. Gagapay is holding an initial coin offering that is due to start on the 30th of April.
The “product” or “platform” for creating affiliate, referral, and network marketing, and loyalty reward and bounty programs, powered by smart contracts, does not appear to be ready or even under development. There is no demo, POC, or Alpha available for review.
The target user base is both individuals and corporations. The user interface for individuals will have a complete list of all marketing programs hosted by the platform’s merchant businesses. Individuals will be able to join any of the public programs, and invite their existing friend network, while using the same user account. And large corporations will be able to easily create customizable relationship marketing programs.
Gagapay claims to differentiate from the competition (though the whitepaper does not address the competition by name) by hosting affiliate, referral, network marketing, loyalty and bounty programs, all from a single platform.
Use of Blockchain
The GTA Token is based on NEO (NEP-5 token). The GTA token is an essential part of the Gagapay Network platform that will fulfill the following functions:
• Payment method for monthly or annual business membership subscriptions and for unlocking additional platform features
• Payment method for unlocking access to internally integrated plugins
• Token holders when paying with GTA token will enjoy discounts on commission fees
Company and Team
The C-level executives’ and developers’ background and skillset are relevant and directly applicable to Gagapay. The team members’ profiles are searchable and transparent on LinkedIn. The team members appear to be actively engaged and fully committed to Gagapay. Notably, Gagapay is sister company to Minersale Limited; which was established in Q2 2017 as a cloud mining service and has since grown to serve over 45,000 customers and has 50,000 active mining contracts.
The membership subscription and its related features are purchasable with Gagapay’s internal currency, the GTA utility token, which will be sold in the token’s sale held on the 30th April. Certain features of the platform can be unlocked only through GTA tokens, which will give them a practical use case as part of Gagapay’s ecosystem. Finally, the holders of GTA tokens will also receive reduced commission fees through the payment of GTA tokens, meaning that early investors could use their tokens with the platform if they wish.
Token metrics:
Hard Cap: 34.5 Million USD
Soft Cap: 1 Million USD
In the case of unsold tokens after a successful token sale these tokens would automatically be locked up in a Gagapay future project reserve for the purpose of launching new blockchain projects. The locked tokens if released for the new projects will be released gradually and at the current market price so as not to impact the market price. In case the soft cap is not reached during the token sale, all contributions will be released to the sender’s wallet address and all affiliate commission rewards will return to the original sender as the initial sum contributed.
Distribution:
69% – Token Sale
14% – Company Reserve
10% – Team (frozen for 6 months until the product is launched)
3% – Developers (locked for 6 months after the ICO end until the final product is launched on
the market)
3% – Bounty / Airdrops
1% – Gaga Foundation
Allocation:
35.5% – Marketing
30% – Operational & Administrative costs
20% – Product Development
10% – Legal
4.5% – Bounty program development
For more information you can visit their
https://gagapay.network/
https://twitter.com/GagapayOfficial
https://t.me/gagapay_network
Note: This is not a financial advice I am just sharing my personal opinion on the ICO I want to invest on. Do your own research before getting into any ICO. Investing in ICO is risky and you could lose your money.
So Guys let me know what you think of this project.
