Gelios v. Bitconnect: The difference couldn’t be more obvious.

We at Gelios have been hard at work over the last few months preparing for our Pre-ICO, which

launched just a week ago. We have made a huge effort to get to know the cryptocurrency community and to find out what issues are most important to them.

Over the last couple of weeks, in light of some recent, major, news stories, we have been getting one question over and over again:

How is Gelios different from Bitconnect?

We at Gelios believe there is no comparison between our platform and the Bitconnect ponzi scheme. We can back up this claim with real evidence.

Difference #1: Background

The most basic difference between Gelios and Bitconnect is our background — Gelios is an ICO project that is being launched by a well known and successful company, called Brainysoft. With a proven track record and a team of experts that can be contacted via social media, Brainysoft’s reputation makes certain that you can trust Gelios.

Bitconnect was a scam set up by an anonymous group of people who had set out to steal as much money as they could during their ICO campaign and as far into the future as possible. They had nothing behind them when they started, and current lawsuits against them may fail to compensate victims, simply because it’s hard to determine who the criminals were.

Difference #2: Technology

Gelios is built using cutting edge technology, engineered by programmers and other experts. At the core of the system is a decentralized credit bureau based on hyperledger fabric blockchain technology. Advanced algorithms are implemented in order to enable lenders and borrowers to be matched and for other participants on the platform, including debt collectors, risk analysts, and webmasters to be more successful. “Know your client” procedures on the platform are just one way that users can be sure that other participants are who they say they are.

Bitconnect was hardly a platform at all. Instead it was a multi level marketing structure — more accurately a ponzi scheme. Token holders were led to believe that the more people who used the platform, the more money they would earn. This is clearly nothing more than marketing fluff — not advanced engineering.

Difference #3: Promises

Gelios is very clear in its white paper about one thing in particular: there are no guarantees that token holders will have certain success on the platform. It is very clear to token holders that there are many risks involved in token ownership. Gelios’ only promise is that they will try their hardest to meet their goals as outlined on their roadmap

Bitconnect claimed that token holders would earn huge profits — 40% per month. Such a claim before a business launches is just ridiculous!

Difference #4: Actually being a lending platform.

Gelios is a P2P cryptocurrency lending platform. When you make a loan on Gelios, you are not loaning money in any way to our company. Instead, you are making a loan to another independent individual. Every part of the procedure is recorded on the blockchain and is visible to everyone. You may choose to use the services of other platform participants — webmasters, risk analysts, and debt collectors — but, again, all transactions with these users will be on a P2P basis and transparent.

Bitconnect asked users to loan money to them to enable the exchange of other cryptocurrencies. This is no way made Bitconnect a lending platform. This made Bitconnect a money-sucking scam.

Artem Zhilin; David Langellotti

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The Gelios Pre-ICO is LIVE!

The OFFICIAL smart-contract address: 0x5c7621f7afb14b9ab20fefede40b428d9b4429f2

Investor personal area: https://ico.gelios.io/

Stay safe — only accept information about the ICO from official Gelios channels. Verify that you have the correct smart-contract address by checking at least THREE of these sources:

▪️Website: https://gelios.io/

▪️https://t.me/geliosio

▪️https://t.me/geliosiodiscussion

▪️https://twitter.com/geliosio

▪️https://medium.com/@gelios.io

▪️https://github.com/gelioslending

Got questions? Read the Gelios ICO how-to guide: https://www.dropbox.com/s/treew18td2agb5d/invest.pdf?dl=0