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ICO Details

ICO Project Gingr (GGC)

  • Tokensale Start:   01/10/2019

  • Tokensale Finish: 30/11/2019

Project Description

Gingr is a project that provides users with the ability to book and pay for escort services. The use of Blockchain technology and smart contracts will ensure the confidentiality of user data, secure and fast transactions. A platform for employers will be created on the platform where they can post vacancies. Also, users can specify the time, place and make a prepayment when placing orders.

Business Model Overview Gingr (GGC)

1. The validity of income

The project will receive income from fees and mediation. Transaction fees will be $0.13. Token holders will receive dividends from the company's profits. Also, employees who will work at Gingr for more than 2 years will be able to receive tokens as payment. Users will be able to earn by renting their property for escort services.

2. Number of currencies accepted

The number of accepted currencies includes 4 liquid currencies: ETH, BTC, LTC, BCH.

3. Token emission

In the project there is a limited number of tokens. A total of 1,000,000,000 GGC tokens will be issued (p. 81 White Paper).

4. Discount on the purchase of tokens

Discount on the purchase of tokens is 50% (p. 82 White Paper).

5. Roadmap

In the flow chart provided, the project objectives are indicated until 2020 (p. 56 White Paper). After the completion of the tokensail, the project authors will distribute the funds as follows: 8% - “Security”, 18% - “Marketing”, 3% - “Project Development”, 2% - “Operating expenses” 1% - “Legal expenses”, 5% - “Infrastructure development”, 63% - “Future project licensing” (p. 79 White Paper).

6. SOFT CAP / HARD CAP Ratio

Evaluation of the SOFT CAP / HARD CAP ratio is impossible, since the project does not have a SOFT CAP value, since the project is already making a profit. The HARD CAP value is $ 26,680,000 (p. 79 White Paper).

7. MVP availability

The project has a developed MVP, which is available at https://gingr.sex/gingrs.

8. Risk assessment and insurance

At the same time, however, there are no risk assessments according to international standards, as well as any risk insurance methods, for example, Escrow, which increases the risk of loss of capital of potential token-holders.


Criteria of accordance to the international standards of business-planning of UNIDO and EBRD
% Acceptable
Criteria Project evaluation
The validity of income 1 / 3
Number of currencies accepted 4 / 4
Token emission 1 / 1
Discount on the purchase of tokens 3 / 3
Roadmap 1 / 1
SOFT CAP / HARD CAP ratio 0 / 4
MVP availability 1 / 1
Risk assessment and insurance 0 / 1
Total (61%) 11 / 18

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