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GoPower Token Economy
As has been rightfully mentioned above, apart from paying remunerations for Harvesting and ctivity, up to 90% of the total amount received from Minting is distributed among the GoPower token olders. Let us consider its definition, characteristics and economic potential at TokenGo in more detail.
GoPower (GPT)
GoPower is a token emitted on the Ethereum blockchain. GPT is the fundamental highly liquid unit of the platform and is used for the TokenGo ICO. The total amount of tokens produced is limited to 700 million GPT.
GoPower Token Cost Growth
Starting from the first day of the ICO procedure, the cost of GoPower tokens will increase by 0.5% a day. The final cost of GPT will be fixed on the last day of the ICO.
Distributing Tokens for ICO
The general scheme of distributing the whole amount of emitted GPT is as follows: All unused tokens will be destroyed. Total amount emitted Amount put up for free sales Reserve for mutual settlements with strategic partners and early investors Reserve for the development team Reserve for distribution during the Bounty Campaign 700 000 000 GPT 600 000 000 GPT 50 000 000 GPT 30 000 000 GPT 20 000 000 GPT
ICO Bonus Program
Minimum number of GoPower tokens to be purchased – 1 GPT. All the bonuses are cumulative.
Personal Referral Bonuses for ICO
When purchasing: Purchase of 100 to 1000 GPT — 5% to the invitee and 10% to the inviter. Purchase of 1001 to 5000 GPT — 10% to the invitee and 20% to the inviter. Purchase of 5001 to 1000 GPT — 15% to the invitee and 25% to the inviter. Purchase of 10001 GPT — 20% to the invitee and 30% to the inviter.
Accrual of GPT Tokens at ICO Stage
When an amount of GoPower tokens is purchased, their ownership is registered in the electronic (software) form after 3 acknowledgements using Blockchain technology without a need for any verification procedures or providing any identification documents. All purchased tokens become available in the participant’s Personal Cabinet and can be withdrawn to the participant’s own wallet at any time.
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