Crypto Initial Coin Offerings — ICOs have raised billions of dollars and have made investors millions. I have personally invested in a few ICOs myself and the secret is to find solid ICOs that have a chance of making it GoNetwork is an amazing opportunity.
What I look for in an ICO:
- Solid Team
- MVP or Demo product
- Great ICO token metrics
- Strong purpose for the token in the company ecosystem
- Hype level is high as it creates momentum
GoNetwork.co hits all of these points and more. First off, GoNetwork just was chosen as a finalist in a hackathon judged by Vitalik (founder of Ethereum) and other crypto heavy hitters. You can read about the hackathon here:
GoToken is a utility token that will be used to buy and sell virtual goods and items. A revolutionary way to make money from your virtual assets as well as acquire new ones. GoNetwork understands gaming and virtual goods as they already have very successful games on the App stores now. This is just an extension of their success.
The GoToken will be used throughout the virtual world as a currency to buy and sell items and a finite number of tokens will be created. So early investors in this ICO will have the opportunity to get tokens at a low price and their value will rise over time as tokens are consumed.
** Not only can GoTokens be used in the virtual world they can also be used to buy goods where Visa is accepted using the GoToken Debit Card
The GoNetwork ICO Whitepaper is here:
This whitepaper will explain everything you need to know about the GoToken. An important section to understand when looking at any ICO is the token crowdsale and distribution metrics:
GoNetwork uses GoToken, an ERC20 crypto currency. Users convert FIAT (or regular cash) into GoToken by means low cost Integrated Payment Platform backed by Stripe, or purchase GoToken directly with their Ethereum wallet. In the future, all forms of cryptocurrency will be accepted. Token Distribution In order to finance the GoNetwork roadmap, GoNetwork will conduct a token distribution event that will offer for sale fifty million units out of a 100 million unit total supply of GoTokens. The proceeds of the token distribution event will be used to fund GoNetwork operations.
● Target cap of crowdsale: $30,000,000
● Presale Cap: $20,000,000
● Total token supply: 100,000,000 GOT
● GOT Token type: ERC20
● Purchase methods accepted: BTC and ETH
When the crowdsale starts November 20th there will be discounts for early investors. Here is the ICO crowdsale bonus structure:
Day 1 (25% bonus)
1 GOT = $0.45
Week 1 (20% bonus)
1 GOT = $0.48
Week 2 (10% bonus)
1 GOT = $0.54
Week 3 (5% bonus)
1 GOT = $0.57
1 GOT = $0.60
Rashid Khan — CEO
Founder of Infinidy Corp, one of Canada's leading game development studios. Graduated from the University of Waterloo , Ontario, Canada. Created the biggest iOS theme park simulation game called Happy Park. Over 15 million people have downloaded Infinidy's games! Founded Dubsquad that became one of the largest video social networks among teens worldwide with over 1 million users. Selected byYCombinator for in-person interview at Mountain View, California. Early bitcoin miner.
Amit Shah — CTO
Software architect & Blockchain expert. Graduated from the University of Toronto, Ontario, Canada. Spearheaded research and development while working at BlueRover as Vice President of Software Architecture R&D. BlueRover is a leading Canadian Internet of Things (IOT) technology company. Worked at several Ethereum based open source projects. Etherium Investor.
Xun Cai — COO
Graduated with distinction and honours in Software Engineering from the University of Waterloo, Ontario, Canada. Xun is the co-founder and CTO of Infinidy Corp. He is a serial entrepreneur who has created products that have been used by millions of people and have acquired a large active user base. Led Infinidy to become one of the first companies to join Communitech, Canada's top digital media incubator. Infinidy was also a part of Accelerator Center (world-leading tech incubator of Canada - http://acceleratorcentre.com/), sharing the platform with top tech companies like Kik Interactive.
Miao Jiang, PhD - University of Waterloo Scalability and Network Security Researcher
Miao worked on core Android application optimization at Google. He holds a PhD Degree from the University of Waterloo where his prime research was on distributed computing.
Harry Peng, MSc. Computer Science Scalability Architect
As a Software Engineer at Google, Harry has worked in the Gmail extensibility platform. He has also lead Android development for theGoogle Fiber project. He worked as a Software Development Engineer at Amazon on their payment platform.
Jesse Guild — Business Development Manager
Jesse is the CEO&Co-Founder of Blitzen and EIRof Citi New York. He has a Master’s Degree from the University of Waterloo. With his experience as a senior analyst at Communitech, Jesse knows what the Startup world is like long before getting his hands dirty in it. From day to day he works alongside the marketing team to get GoNetwork’s brand into the world, while juggling many other company aspects such as implementing strategies and outbound sales. Constantly following soccer matches and the stock market, it’s safe to say he’s an expert at multi-tasking.
Yifan Evan Zhu Financial Advisor
Received his Master Degree from BinghamTon University. 7 Years of working experience in PWC as Investment Management Audit and Tax Associate.
Vincent Xie — Project Manager & Business Consultant
Graduated from University of Waterloo. 4 years of Banking experience as Senior Business Analyst and Senior Business Consultant. He started being Infinidy Corp's Senior Business Consultant since 2012 and has maintained good working relationship with us and helped us create some of the top games.
Maanas Rautela Legal
Received his doctorate of law from Michigan State University and Master of Laws from York University - Osgoode Hall Law School. Researching legal applications relating with blockchain companies and Initial Coin Offerings.
Jeff Morris Jr. — Director of Product Management - Revenue atTinder, Inc. Founder at Chapter One Ventures
Tess H Stanford University GCBC Advisor and Ex Stanford Innovation Farm Team Member at Stanford University Graduate School of Business
Nenone Donaldson Director Of Advancement, Faculty of Engineering at University of Waterloo
Paul Allamby Ex Senior Vice President of Sales and Marketing atToronto Blue Jays. Managing Principal Consultant at Paul Allamby Consulting.
David Debono — Ex Professor at University of Windsor. CEO at Boom Gaming. Partner at LDS Canada.
Laurent Bernardin — COO and Chief Scientist at Maplesoft