GeoFunders initial coin offering (ICO)

Build Blockchain-related applications and ser



GeoFounders is a software collective that creates desktop, mobile and web decentralized applications (dApps) which run atop popular blockchain platforms. Using custom-made middleware, GeoFounder’s software can switch between different blockchain networks and, in some cases, operate on more than one network at the same time. This feature allows customers to not only operate GeoFounders software on their preferred network, but also ensures the longevity of the GeoFounders software catalogue and an increase in overall potential customers.

2
2 2 expert ratings
2.7
2
2
2
View rating distribution
Starts in 2 years ago
2017-06-25 - 2017-07-25
Token
GUNS
Type
ERC20
Price in ICO
1000 GUNS = 1 ETH
Platform
Accepting
ETH,
Raised
-1
ICO start
Jun 25, 2017
ICO end
Jul 25, 2017
More on ICO
Report

About GeoFunders ICO

GeoFounders software supports many different blockchain platforms. As a matter of convenience, we have chosen Ethereum (ETH) as the platform from which the primary distribution contracts and token management software operate. We felt separating the concerns across platforms would make management and coordination untenable.
Funds that are raised will go towards the following for GeoFounders:


  • Team Leads: The current ratio of team lead versus application is 1:4. Additional trusted team leaders would be added to GeoFounders to lower the ratio to 1:2 and for some of the more ambitious applications 1:1.

  • Design: A few reliable professional designers will be brought in-house to expedite the creation of game assets and to improve user experience and interface design across all applications.

  • Marketing & Public Relations: We intend for version 1.0 of our product catalogue to compete with mainstream products in the market. To accomplish this task we will utilize a combination of traditional and unique marketing campaigns to get the word out. Campaigns will remain within very tight budget constraints.

  • Business: The blockchain space is extremely new, enabling many potential development and partnership opportunities.
    Capital Reserve: Most of the capital will be kept in reserve for bootstrapping the initial catalogue development. A portion of the funds are alloted for potential acquisition/acqui-hire opportunities and group opportunities that benefit the entire collective.


Payout Information

  • Distribution: Distribution is determined based on GUNS ownership, with 10% of revenue alloted towards continued development. Example: If you own 5% of the total GUNS supply then you will receive 4.5% of the collected profits.

  • Non-Ethereum Payouts: Tokens collected on non-Ethereum platforms will be liquidated on a bi-weekly basis into ETH and transferred into the collective distribution contract. Members have the option to use the GeoFounder application (ETA October, 2017) to specify accounts for other platforms and have their earnings in these tokens routed to their native accounts instead of liquidation.

  • Autonomous Collections: GeoFounders utilizes Ethereum smart contracts to hold GUNS token holder earnings until their request. Due to the nature of smart contracts, funds are not routed to accounts and instead must be requested by the token holder.

  • Manual or Periodic Collections: Some GeoFounders software will have manual or semi-manual fee collection processes. When necessary, funds collected through this process will be transferred to a trusted oracle, then liquidated and routed to the GeoFounders distribution contract.
    Transparency: Detailed transparency will be employed regarding any interactions with GeoFounders funds not immediately visible in the blockchain.

GeoFunders reviews

Yaroslav Belkin
Ex Cointelegraph and NewsBTC Media Group | Founder and CEO at Belkin Marketing
Rated on Jul 23, 2018
2
2
2
25%

It is very sad to see such projects out there. Lacking MVP, lacking KYC, lacking credible team and advisors. Yet another platform for the sake of platform.

Huge red flag!

PlumBot
ICO Analyzer Bot
Rated on Oct 12, 2018
0
0
0
75%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

GeoFunders ICO price

Price in ICO

1000 GUNS = 1 ETH

GeoFunders (GUNS) crypto

GeoFunders coin

GeoFunders token
GUNS
GeoFunders type
ERC20
GeoFunders platform

GeoFunders (GUNS) value

Tokens for sale
65000000

GeoFunders market cap

GeoFunders market capitalization
$ -1

GeoFunders investment info

Accepting
ETH,
Distributed in ICO
65%

GeoFunders whitepaper

GeoFunders team

Apply as an advisor

Edward Shull

Business & Marketing

Shaun Shull

Lead Programmer

Michael Shull

Programming & Marketing

GeoFunders milestones

1
2018

WePower idea

2
2019

WePower idea

3
April 2018

WePower idea

4
August 2017

WePower idea

5
August 2018

WePower idea

6
December 2017

WePower idea

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December 2018

WePower idea

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February 2018

WePower idea

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July 2017

WePower idea

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July 2018

WePower idea

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June 2018

WePower idea

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March 2018

WePower idea

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May 2018

WePower idea

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November 2017

WePower idea

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November 2018

WePower idea

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October 2017

WePower idea

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October 2018

WePower idea

18
September 2017

WePower idea

19
September 2018

WePower idea

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