The startup is building the network on the burgeoning NEO blockchain. It has garnered a lot of attention recently as a new alternative to Ethereum and specifically, a solution to Ethereum’s well-documented scaling problems..
As a result,
NEO has attracted many developers that want to test it out with new use cases. Marketplaces appear to be the most logical use case as they need to handle a lot of activity and transactions at once.
Gagapay runs on the NEO blockchain and as such differs from every other cryptocurrency tokens mostly done on the ethereum based blockchain. Gagapay has set out to be a force to be reckoned with especially with it's blistering services that could be achieved through it'tokens such as platform for creating affiliate,referral,network marketing,loyalty rewards to mention but a few.
WHY YOU SHOULD GO WITH GAGAPAY
There are a lot of reasons why one should not hesitate to delve into investing on GagaPay which will be briefly explained below
THE NEO BLOCKCHAIN MAGIC
The startup is building the network on the burgeoning NEO blockchain. It has garnered a lot of attention recently as a new alternative to Ethereum and specifically, a solution to Ethereum’s well-documented scaling problems..
As a result, NEO has attracted many developers that want to test it out with new use cases. Marketplaces appear to be the most logical use case as they need to handle a lot of activity and transactions at once
GAGAPAY AS A SAFE AND SECURE PLATFORM
The UK-based startup is building an all-in-one platform, called the Gagapay Network, that utilizes the NEO blockchain. The software-as-a-service (SaaS) platform uses smart contracts for the designing and executing of marketing programs and is complemented by a marketplace for companies to contract with marketers for their campaigns.
Gagapay Network will be integrated with Gagapay.com (the company is launching this project separately as a ready-made product in Q3 2018 with prepaid cards) so as to facilitate the use and spending of cryptocurrency rewards for its customers.
Customers will pay an annual fee to access the SaaS platform to build and track their campaigns while the marketplace will connect affiliate marketers with campaigns that are looking for help.
According to Gagapay, the platform will solve the issue around trust between businesses and marketers. Smart contracts will automate the agreement between both parties, allow both sides to audit the agreement’s processes, and monitor the distribution of rewards.
GAGAPAY TOKEN SALE
The platform will have its own cryptocurrency wallets to facilitate payments, but it will have its own dedicated cryptocurrency token that will power the service. It will be listed on exchanges approximately one week before the end of the ICO token sale.
The Gagapay Network utility token will be called the GTA and it will allow for the payment of subscription fees, purchasing additional features and plugins, and getting discounts on commission fees. It will be holding an initial coin offering to generate the token.
A pre-sale has already opened and will be followed by a public sale in phases with the price per token gradually increasing. The first phase of the public crowd sale will open to sell 50 million GTAs (priced at $0.04 per token) followed by a second phase for 440 million GTAs ($0.05 per token). Anyone purchasing more than $1,000 worth of tokens will be required to go through KYC procedures. The accepted payment methods are NEO, GAS, BTC, ETH, LTC, and DASH. The ICO will have a soft cap of $1 million and a hard cap of $34.5 million.
From the sale, 69 percent of the tokens will go to investors. The remaining tokens from the sale will be distributed as follows: 14 percent for the company reserve, 10 percent for the team, 3 percent for the developers, 3 percent set aside for airdropping and bounty programs, and 1 percent for the Gaga foundation.
The bulk of the funds generated from the sale will be used for product development in preparation for launch along with marketing and legal costs in order to meet different regulations in different markets.
The ICO will run until around July. After that, the company will recommence its roadmap for launching the product. It intends to open up beta testing for the platform by the end of 2018 and have the GTA token listed on exchanges. The full working platform is scheduled to be operational by mid-2019.
visit https://www.gagapay.network/ to read more about GagaPay
Read GagaPay's white paper https://drive.google.com/file/d/1db_Wvj7Hh2wh8vRiI2n6JTCzMIsOvCLS/view
Join the discussion via telegram https://t.me/gagapay_network
Stay upto date with the latest news about GagaPay on twitter https://twitter.com/GagapayOfficial