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GeoFunders

Ended
Ended: Jul 25, 2017

Multi-Blockchain App Store and Software Collective

GeoFounders is a blockchain app store and software collective focused on building blockchain-related applications and services. Using tokens called GeoUnits (GUNS), revenue collected by the GeoFounders software catalogue is automatically divvied up for token holders via smart contracts and trusted oracles. A small portion of the revenue is cycled back into the collective to further increase the collective's application catalogue, which in turn increases the token value and revenue payouts. GeoFounders software leverages custom-made middleware to provide compatibility with a growing list of different blockchain platforms.

Build Blockchain-related applications and ser

GeoFounders is a software collective focused on building blockchain-related applications and services. Using tokens called GeoUnits (GUNS), revenue collected by the GeoFounders software catalogue is automatically divvied up for token holders via smart contracts and trusted oracles. A small portion of the revenue is cycled back into the collective to further increase the collective's application catalogue, which in turn increases the token value and revenue payouts. GeoFounders software leverages custom-made middleware to provide compatibility with a growing list of different blockchain platforms. Payment Method: ETH Week 1 : 1 ETH = 800 GUNSWeek 2 : 1 ETH = 700 GUNSWeek 3 : 1 ETH = 600 GUNSWeek 4 : 1 ETH = 500 GUNS Funding goal: 10,000 ETH

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.

Website

geofounders.com

Not Verified

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Intro Video

ICO Details

Ticker Symbol:
GUNS
Platform
Ethereum (ERC20)
Accepts:
ETH
Hard Cap:
10,000,000 GUNS
Country:
USA
Total supply
100,000,000 GUNS

Public Crowdsale

Ended
Date Sale:
Jun 25, 2017 — Jul 25, 2017 @ 30 days
Sale Avalable Tokens:
65,000,000 GUNS @ 65.0%
Price:
1 GUNS = 0.2 USD

ICO Overview

GeoFounders is a blockchain app store and software collective focused on building blockchain-related applications and services. Using tokens called GeoUnits (GUNS), revenue collected by the GeoFounders software catalogue is automatically divvied up for token holders via smart contracts and trusted oracles. A small portion of the revenue is cycled back into the collective to further increase the collective's application catalogue, which in turn increases the token value and revenue payouts. GeoFounders software leverages custom-made middleware to provide compatibility with a growing list of different blockchain platforms.

About GeoFunders 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.

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.

News & Media

Q1 2018 Update

Mar 30, 2018, 2:04:21 PM

Jan-Feb Update

Feb 7, 2018, 1:16:53 AM

December Progress Report

Dec 16, 2017, 2:03:35 AM

November Progress Report #2

Nov 28, 2017, 12:52:47 PM

November Progress Report #1

Nov 5, 2017, 3:56:54 AM

October Progress Report #2

Oct 17, 2017, 2:55:05 AM

October Progress Report # 1

Oct 2, 2017, 4:41:53 AM

September Update

Sep 21, 2017, 8:14:51 PM

GUNS Added to EtherDelta

Aug 14, 2017, 10:17:53 AM

How to Check Your Tokens

Jul 27, 2017, 5:55:27 PM

Team

Danny Roberts
Graphic Designer International Gaming Technologies (IGT) & Former Designer for Jet Set Games
Michael Shull
Programming & Marketing
John Law
Network Manager & Senior Programmer; Holley Performance Products
Alex Barlow
Partner; Robins Cloud Law Firm
Chris Kissel
Senior Analyst of Cyber Security; Frost & Sullivan
Shaun Shull
Lead Programmer
Edward Shull
Business & Marketing

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