GGRocket ICO Report – Data based gaming economy
Standard ICO Report Structure:
- Part 1: ICO Analysis (What is it about? What is the ICO intending to do? Describes what the platform is.)
- Part 2: CROWDSALE ANALYSIS – DETAILS & TOKEN SUPPLY
- Part 3: Useful Links (Further Research)
Part 1: ICO Analysis
The world of automation and computers have allowed for a whole new level of gaming. Industries have sprung up to be worth billions of dollars in which they rely on the gaming industry today.
These companies service the vast gaming sector today in which includes consumers, developers, and publishers. Even today the gaming industry is impressively large, the leading gaming competitions garnish more viewers than the Super Bowl with over 135 million viewers plus depending on the competition.
With this, the GGRocket team plans to implement solutions to enjoy the momentum of the industry’s expected future growth. The GGrocket team plans to implement a protocol which appeals to three sectors of the gaming industry through a four-prong approach. Let’s take a closer look at some of the finer points of the GGRocket platform.
The GGRocket Revolution
GGRocket will implement a blockchain based platform to target the major components of the gaming industry. First, the team wants to ease the troubles the gaming industry currently faces such as ineffective marketing practices.
The team plans to create a blockchain based protocol to allow designers to implement their creations in a gaming-focused environment. On a different but important note, the team hopes to cut back on cyber fraud that exists heavily in the gaming sector through a decentralized solution.
Further, the protocol will allow rewards for developers and users alike. Finally, the platform will encourage the creation of a variety of dApps to encourage the access for users and the data for developers. All and all creating a new atmosphere for gamers, developers, and publishers to benefit from.
GGRocket Proof of Data
GGRocket will create an incentive system which benefits both gamers and developers alike. First, gamers will be able to earn rewards such as access to dApps. Gamers can earn rewards for things such as sharing their data with developers, which should, in turn, allow developers to create games which are more appealing to their audience. Furthermore, the platform will also implement a protocol referred to as Proof of Trade. This will reward users for recording their trading data on the blockchain.
Finally, the team plans to implement a third protocol referred to as Proof of Judgement, a reward for the community members which will assist with trading disputes.
An Ecosystem for Gaming
GGRocket wants to assist all segments of the gaming industry with the creation of their platform. To do so, they’ve developed a four-prong approach to each of the major segments within gaming. For Gamers, they will be able to monetize their gaming behavior if they choose to do so.
They will also receive rewards for their regular gaming habits. Developers should benefit from the increased access to gamer’s data on the platform and have access to a new platform to develop solutions on the dApp platform. Furthermore, the platform will assist the publishers within the industry through increased efficiency of their marketing efforts while having direct access to a community of gamers and developers.
Finally, the community itself will benefit from the platform through the ability to monetize their audience in a more effective manner. The team hopes through this they will assist major eSports platforms to further monetize their growth in popularity sport.
Part 2: Crowdsale Analysis – Details & Token Supply
Total token supply: 200,000,000 Tokens
Token type: Utility Token
Token Distribution: The GGRocket platform dedicates 53% of the total tokens minted to be offered for sale in its crowdsale, 27% goes to the platform’s reserve pool, 17% will be given to the founding team members, 2% for its bounty campaign, and the last 1% for the platform’s advisers.
ICO Sale Phase: Presale
Token Price: 1 ETH= 4 THRT
Crowdfunding Usage: Funds raised will be distributed by the platform with 57% going to developing the platform as well as paying administrative costs, 22% goes to aggressive marketing campaigns, 13% will go to developing the business of the platform, and 4% each for legal and contingency expenses respectively.
Team Overview- Members and Advisers
The GGRocket team is led by Cataldo Franzone, with Guiseppe Calabro, Viviana Carcione, Guiseppe Scordino and Alessandro Santoro also on the team
Part 3: Useful Links (Further Research)
- Website: https://ggrocket.io/en
- Facebook: https://www.facebook.com/ThriveLabs.io/
- Twitter: @WeAreThriveLabs