The history of 2gether in numbers
El Papaíto, the token that inspired the universe of 2gether
2016. El Papaíto, the token that inspired the universe of 2gether
Over the summer of 2016, Salva Casquero, founder and president of 2gether, managed to get his children to do their tasks creating his own ERC-20 token, El Papaíto coin. Inadvertently, Salva was setting the foundation for 2gether and the 2GT token: his own tokenized economy inside his own family.
2017. Birth of 2gether
Salvador Casquero and Luis Estrada founded 2gether with the goal of accelerating the new tokenized economy.
Both of them are firm believers of the endless possibilities of this new type of economy and are passionate about blockchain technology. They are convinced that the economic-technological revolution will make an impact on traditional finances as big as the Internet did back then to the media. The biggest breakthrough in decades.
The technological development of the 2gether app and the 2GT token starts here.
2018. The first users start operating
In 2018, Ramón Ferraz joined the team as CEO of 2gether. With him on board, the beta version of the app was launched and the presale of the 2GT token in Spain started.
The easy access to cryptocurrencies for everyone was only the start. It was all encompassed in a collaborative model, without commissions: a model that belongs to its clients and whose generated value gets distributed among them through the company’s token, the 2GT.
The first 1000 users arrived to 2gether and started taking part in the economic revolution.
2019. The first results
The 2gether app becomes available in the 19 euro area countries. Good news would arrive soon. The data confirms that the product and our vision of a collaborative model are a success.
- During the first six months, 2gether grows 300% without investing on paid advertising. Users are the only ones that keep the platform running.
- Transactions of €60M per month.
- Nowadays, more than 85,000 users use the 2gether app.
- 40,000 users log in every month to trade on 2gether.
- 32 M of 2GT tokens have been purchased on the app.
In a very short period of time, 2gether went from being invisible to being known within the Spanish crypto community and part of the European community.
Through the referral program, users can invite new users to join and earn 2GT tokens at the same time, generating value for everyone. Up until now, more than 15,513,650 2GT have been given through the referral program.
The Founder Plus program is launched, and has currently three Founder ranks: Explorer, Challenger and Sato. With this benefit program, users can have access to certain benefits through the app depending on the number of 2GT tokens that they have. The Founder Plus program constitutes the core of the 2GT utility.
This model works and it’s only the beginning of a whole world that we have yet to explore.
2020. No one said the revolution would be easy
On the 31st of July, 2020, 2gether fell victim to a cyber attack in which 114 BTC and 276 ETH were stolen, affecting the accounts of 11.9% of the clients. It was a tough moment for all of us.
The first thing we did is explain the problem clearly and in all honesty to all users. Second, we began to work on strengthening the security system of the platform so it never happens again. And third, we immediately started looking for feasible solutions to replenish the lost funds and compensate the affected users.
On the 27th of October, 2020, 2gether launched an equity crowdfunding campaign to close a financing round of €1.2M which would allow us to continue strengthening the company and replenish the users’ lost funds. In just 70 hours we managed to reach our €1.2M goal, and before the year is over, we expect to close the round with €1.5M.
2021. The year of the massive adoption of cryptocurrencies
The rise of cryptocurrencies has a positive impact on the company’s data and we increased our business data by a factor of 5.
In January 2021, 91% of the affected users will receive a full refund of the stolen funds in the corresponding currency (BTC and ETH). The 9% of users who have lost the most will not be able to get the full amount back due to a 5-fold increase in the value of cryptocurrencies. The company offers three options for the 9% of users to get their funds back.
By February 2021, 98% of users have either full replenishment of their funds or their chosen replenishment option which includes either replenishment of at least 60% of the cryptocurrency value or a payment schedule for full replenishment with an immediate cash-out of 34%.
In February 2021 the 2GT token is issued on the decentralized Bounce.finance protocol and demand for 2GT soars on the 2gether app.
In March 2021 the token will be listed on Uniswap where 2GT trading will begin.
Your place in the economic revolution is infinite
When we started building this project, we promised that 2gether would have a place for you in the economic revolution. We would do everything in our power to democratize the economy and distribute the generated value among all of those who placed their trust in this project.
As days go by, we’re more and more convinced that the possibilities of this revolution are endless, infinite like the universe, the ideas of people, the technological resources at our disposal and the ones we keep building, and the new economic solutions that will soon emerge.
