GANA 2.0 — GANA ZERO

Gana Project
GANA
Published in
3 min readMar 29, 2019

Hello. This is GANA.

We are proud and happy to announce the finite policy for partners token holdings (B2B) as stated in the white paper.

This posting deals with the introduction to the “GANA ZERO” project in the B2B side.

“GANA ZERO” project deals with a repetitive buy-back-and-burn process that aims to decrease the amount of GANA tokens released in the market. This will haste the utilization of GANA tokens in the real world.

“GANA ZERO” project consists of the following three methods in the B2B side.

  1. Consulting : GANA provides consulting services to partners and get paid fees.
  2. Collaboration : Both GANA and partners providing services to each other without fees.
  3. Cooperation : Partners provide services to GANA and get paid fees.

For each method the following process is executed.

[Consulting]

1. GANA contracts a service agreement with partners.

2. GANA receives a portion of service fees by GANA tokens.

3. Paid tokens are transferred to a pre-designated wallet.

4. Transferred tokens are burnt during agreement period.

(In case, an agreement of consistent profit sharing will result in burning tokens equivalent to portions of profit shared. In case, a early termination of agreement will result in returning tokens to partners.)

[Collaboration]

1. GANA contracts a service agreement with partners.

2. GANA transfers GANA tokens to a pre-designated wallet.

3. Partners transfer GANA tokens to a pre-designated wallet.

4. Partners must buy GANA tokens from the open market.

5. Transferred tokens are locked during the agreement period.

6. At the end of agreement, 10% of the tokens are burnt in default and shall differ from time to time.

(In case, an agreement of consistent profit sharing will result in burning tokens equivalent to portions of profit shared. In case, a early termination of agreement will result in returning tokens to partners.)

[Inbound Consulting]

1. GANA contracts a one-way agreement for the partners services.

2. GANA pays portion of fees with GANA tokens. GANA must buy GANA tokens from the open market.

(Paid GANA tokens are not part of company’s stack but must be bought from the market. The amount of tokens shall be different from time to time.)

In this matter, the first buy-back-and-burn will soon be executed for the on-going Business Intelligence service. Together, we will also burn the unsold tokens.

Thank you for your patience.

The token utilization policy for the B2C side is in preparation and will be posted prior to the mobile application launch.

Thank you.

Twitter: https://twitter.com/ganaproject

Facebook: https://www.facebook.com/GanaProject

Telegram: https://t.me/gana_official

Medium: https://medium.com/ganaproject
Homepage: https://ganacoin.io

Email: info@ganacoin.io

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Gana Project
GANA
Editor for

Green And Nature Association — The blockchain based AI platform providing personal assistance in cannabis industry.