GODZILLION opens its Token Sale to the public.
As a team, we are very excited to announce that this August 25 2017 our Godzillion project, a platform that acts as a Marketplace to finance Startups through a voting process and subsequent publication of its crowdfunding campaign, all in a decentralized process, Will create 300 million Tokens called GODZ.
GODZs are used to operate our Decentralized Application (DApp), a platform built on Solidity (Intelligent Contracts Architecture) that operates in Ethereum’s Blockchain. The Godzillion DApp does not use a central server to execute user processes or logs.
On this platform people vote, finance and market Startups 24/7. Startups present their proposals to be funded, establishing a reward for voters, and people can vote to decide whether to allow the auction to be published. If Startup has been voted YES, Startup can issue its own Tokens (ERC20) and people can participate in its crowdfunding campaign. The Tokens (ERC20) issued in the Startup can be exchanged by GODZ at any time through the Exchange functionality of the platform.
Godzillion DApp is already operating and has allowed financing to four Chilean Startups companies, through the issuance of its own Tokens (ERC20).
In order to decentralize the entire funding process for Startups, including the voting phase preceding a crowd funding campaign, we created GODZ, which functions as a voting token, attracting participants to vote, giving them a financial incentive for Your vote. GODZs are also the units of value that the participants use to finance start-ups in Godzillion. And GODZ is also the exchange currency native to Godzillion Exchange.
The amount of GODZ sold will allow us to implement a roadmap covering four main branches of implementation priorities over the four-year planning horizon. Priority activities and improvements include specific activities to achieve Development and Improvement, Marketing and Promotion, Legal and Compliance tasks.
In the area of Development and Improvements, our approach is to create new smart contracts related to portfolio management decisions, an intelligent contract that can manage the functionality of a money market, even to develop a decentralized RoboTrader, among other new features for The DApp. In Marketing and Promotion our approach is to bring as many Startups to the platform, because as soon as the ICO of GODZ ends the participants will have GODZ and will be waiting for the Startups to publish their proposals to be voted on, and the participants will be waiting to do Their offers in the auctions in which the Startups will seek to issue their Tokens (ERC20). We already have a list of more than 50 startups around the world to be published.
The team is led by its Executive Director, Rodrigo Sainz, and its Operations Director, Cristobal Pereira, Chilean entrepreneurs with more than 20 years of combined experience in the financial and technological sector in Latin America and Europe. Both have been working together since they founded mifutu.ro in the year 2013, a company that has created and implemented two platforms in the fin-tech sector.
Our company has also been funded by venture capital funds and angel investors in Chile and Europe. A qualified group of experts compose the consultants of GODZILLION such as: John C. Edmunds, PhD and Professor of Finance at Harvard University; Fernando Ventureira, PhD Phanteon Assas and CEO of Stratence Partners; José Luis Ruiz, Wharton PhD and Professor of Finance at the University of Chile; David Díaz, PhD, Manchester Business School and Professor of Business Intelligence at the University of Chile, Roberto Darrigrandi, Economist, MBA at the University of Chicago and PhD candidate in Business Administration at the University of Liverpool and Albi Rodríguez Jaramillo, Master In Social Development and Microfinance of the University of Alcalá de Henares and lawyer of the Universidad Católica Andrés Bello.
Tokens Selling Process (GODZ)
Of the 300,000,000 GODZ to be created, 210,000,000 (70%) will be available to participants, at a Swap rate of 160 GODZ per 1 Ether (ETH).
The registration process for the Token Sale started on Wednesday, August 23 at 22:00 UTC when we opened the registration process on the platform godzillion.io/crowd sale on our platform. During the registration process, all information related to safety and procedures will be available to participants. The crypto coin allowed to participate in this process will be Ether (ETH).
The smart contract that will support the Token Sale will be a SWAP. This means that for all participants who are registered and send ETH to our smart contract, they will receive their equivalence in GODZ immediately. In the event that a participant wishes to purchase more than 20 ETH values in GODZ, you will need to upload only two documents that must be available in the participant’s control panel of this Token Sale for Customer Compliance and Knowledge (KYC) reasons. If such information is not available, the GODZs will be frozen in the smart contract, waiting for the information of the participant who purchased them. People familiar with Cryptomonet risks and private equity or venture capital funds are invited to participate in this process.
UPDATE 02/09/2017: The financial structure has been modified. The swap ratio is now 1:2,000. Please refer to GODZILLION Announcement “Announcement. We set a new CAP and Better Benefits for the Community” 08-28-2017 https://medium.com/godzillion/announcement-we-set-a-new-cap-and-better-benefits-for-the-community-88cde780faad
The Token Sale will be open for 30 days until September 24 at 9:59 pm and is not available to residents of the United States.
We invite you to be part of this Tokens Sale. You can find more information on our website godzillion.io, or on our social networks: Twitter, Medium, Slack and Telegram.
More Information: https://godzillion.io
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