Gese ICO (GSE Token): Counterfeit Alcohol Protection Blockchain
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0.000 HBDGese ICO (GSE Token): Counterfeit Alcohol Protection Blockchain
<html> <p><em><strong>GSENetwork</strong></em> is a crypto project aimed to solve the problems in the sharing economy world, starting from high transaction fees and the lack of benefits for all parties in the whole ecosystem. One of their strategies is "green mining", an incentive scheme where participants will get tokens as the reward for doing some specific task/behavior that is defined in the smart contract. </p> <p><img src="https://media.licdn.com/media/gcrc/dms/image/C5112AQE8kig27ihkHw/article-cover_image-shrink_600_2000/0?e=1539820800&v=beta&t=GTBoKv5dPpyjkwc6i-mLBkwSDVY0nAvGZevR9OR9XSc" width="414" height="220"/></p> <p><strong>What is Gese GSE?</strong></p> <p>Gese, found online at Gese.io, is a protection system against counterfeit alcohol. The company’s pre-sale begins in mid-May 2018.The goal of Gese is to ensure accuracy in the alcohol industry, including reduced counterfeiting. However, it’s also designed as a marketing tool that provides reliable statistics to brands, allowing consumers to track every bottle from the manufacturer to the retail store shelves.Gese relies on NFC tags and blockchain technology to accomplish that goal.Gese has already partnered with a number of major brands, including Barefoot Wine, Hendrick’s, Monkey Shoulder, Beluga Group, Plantation Rum, Clan Macgregor, and other major industry providers.</p> <p> </p> <h2>Will it work?</h2> <p>Another interesting question that we should ask is, will it work? Sure, we like money so much, but does that mean we will do it all the way? Of course not. Personally, I think it can work, as long as some conditions below are met:</p> <ul> <li>Token price is not so bad, or the payout is pegged to fiat. If the token price is too low, or the payout is not pegged to fiat, then the ‘incentives’ coming from this process might not worth so much.</li> <li>The product is working as good as it should. Without a working product, it is impossible to ensure this incentives system will work. You can say that without a good product, any discount that you give for it won’t affect your sales at all.</li> </ul> <p>Based on that scenario above, I think “green mining” might be a good strategy for GSENetwork. Applying such incentives to a new and on-going business will increase the rate of participation that is needed for the growth of the network. </p> <p><strong>How Does Gese Work?</strong></p> <p>Like other supply chain control systems based on blockchain, Gese will use tags and blockchain to track the movement of items across the supply chain.While other systems use QR codes and similar tags, Gese will use NFC tags. These tags will automatically activate your phone from a short distance away. There’s no need to take a picture of the barcode or scan a QR code. You pick up a bottle, hold your phone close to the bottle, and the Gese app will display all relevant information about that item.The platform is catered towards three broad groups:</p> <ul> <li>Consumers who want to ensure the quality of purchased goods</li> <li>Local businesses that want to promote their products</li> <li>Manufacturers seeking direct access to their target audience</li> </ul> <p>For consensus, Gese uses the PoA algorithm, which is a refined proof of stake (PoS) consensus mechanism (or proof of authority). </p> <p>https://youtu.be/XkYcy7AmRHs</p> <p><strong>What Problems Does Gese Seek to Solve?</strong></p> <p>Gese seeks to solve a number of problems in today’s alcohol industry, including all of the following problems mentioned in the whitepaper:</p> <ul> <li>Manufacturers have limited ability to effectively advertise their products; in many countries, alcohol advertising is limited or even prohibited, which means manufacturers only have a narrow range of tools to promote their products</li> <li>Sellers, including shops, bars, and restaurants, face difficulties in opening a business and attracting new customers; other industries have aggregators that allow targeted sales of items based on geolocation and preferences, but there’s no such tool for the alcohol industry</li> <li>Consumers who wish to purchase high quality alcohol face problems with product selection; an inexperienced buyer will have difficulty sorting through a diverse range of goods displayed on the typical store shelf</li> <li>Manufacturers are losing money and decaying their brand’s value because of the spread of counterfeit products</li> </ul> <p><img src="https://media.licdn.com/dms/image/C5112AQEp33DOpw6aZQ/article-inline_image-shrink_1500_2232/0?e=1539820800&v=beta&t=FkbrRvFN3SGUz5dp-gAMViVp2ikjU5-nngPsFCgaV6Q" width="800" height="236"/></p> <p> </p> <h1>THE GSE TOKEN</h1> <p>The token of this platform is referred to as GSE. The system will generate a certain amount of token at a regular interval. The process is influenced by two major activities in the system: first, the participation of users in the Green Mining activities, while the other is the nodes’ involvement in accounting operation. In each specified period, the generated token will be shared among these two categories of users depending on certain proportion. GSE serves as the medium of exchange on the GSENetwork as well as providing the economic benefits which will be utilized to encourage stakeholders to contribute their quota to the growth and development of the platform. By 2019, it is expected that the platform would have undergone several transformations such as the Launch of the Public Chain, Mapping of ERC-20 to GSE Public Chain, Launch of Wallet 4.0 to provide support for DApps and the total migration to GSE Public Chain. </p> <p> </p> <h1>THE DISTINGUISHING FEATURES OF THE GSENETWORK ECOSYSTEM</h1> <p><em>These features will enhance its functions and help it to achieve it’s utmost goals. Let us briefly discuss these 3 peculiar features:</em><br> <strong>– </strong>A DService network which is designed in this ecosystem together with a DPoS consensus protocol. These will function as one component of the Dservice i.e the decentralized service and this will be useful in aspects like the message delivery system, to guard the system against fraud, and to create a transparent pricing medium.<br> <strong>– </strong>A model for incentive is created using a Green Mining strategy, this will cause all the transactions done in the system a reward based one. However, the system will also encourage partnership to allow more people to participate and benefit from its model.<br> <strong>– </strong>A reliable trust network is created and designed to increase the involvement of more users and this will enable the network to design a trust profile for everyone. This is also aided by the use of tokenomics and incentives for users. This will help the platform to give users the control and a chance to add to the quality they provide to the system.</p> <p> <strong>Brief information about the coin:</strong><br> </p> <p>• Token release platform — Ethereum.<br> </p> <p>• Token type — ERC20.<br> </p> <p>• Ticker of the main token — GSE.<br> </p> <p>• Ticker of the internal token — GSEE.<br> </p> <p><strong>Token distribution:</strong><br> </p> <p>• 65% — implementation within the ICO program framework;<br> </p> <p>• 5% — bounty-campaign;<br> </p> <p>• 10% — reward to the advisers with a 6-month block;<br> </p> <p>• 10% — reward to the project team with a 6-month block;<br> </p> <p>• 10% — project reserve.<br> </p> <p><strong>The ICO program:</strong><br> </p> <p>• Pre-sale.<br> </p> <p>◦ minimum investment amount — 0,1 ETH;<br> </p> <p>◦ token price — 7875 GSE for 1 ETH;<br> </p> <p>◦ hardcap — 3818 ETH;<br> </p> <p>◦ start of sales — May 15, 2018.<br> </p> <p><strong>• The main ICO stage.</strong><br> </p> <p>◦ minimum investment amount — 0,1 ETH;<br> </p> <p>◦ token price — 5500 GSE for 1 ETH;<br> </p> <p>◦ hardcap — 49090 ETH;<br> </p> <p>◦ start of sales — July 1, 2018.<br> </p> <p><strong>Distribution of funds collected through the ICO program:</strong><br> </p> <p>• 30% — further development of the project platform;<br> </p> <p>• 40% — financing the production of NFC-tags;<br> </p> <p>• 30% — marketing.</p> <p><strong>GSE Conclusion:</strong></p> <p>Gese is a blockchain-based platform that seeks to disrupt the alcohol industry. The platform involves adding NFC tags to alcohol bottles, then allowing consumers to scan each bottle using their phones and the Gese app. You won’t need to take a picture of a barcode or scan the bottle – instead, you’ll just need to pick up the bottle, and your phone will read the NFC signal.The pre-sale for GSE tokens begins on May 15, 2018. To learn more about the project, visit online today at Gese.io.</p> <h2><strong>For more information visit the link below:</strong></h2> <p> </p> <ul> <li>Website : <a href="https://gse.network/">https://gse.network</a></li> <li>Whitepaper : <a href="https://www.gse.network/static/media/whitepaper.pdf">https://www.gse.network/static/media/whitepaper.pdf</a></li> <li>Telegram : <a href="https://t.me/GSENetworkOfficial">https://t.me/GSENetworkOfficial</a></li> </ul> <h2><strong>Social media:</strong></h2> <p> </p> <ul> <li>Facebook: <a href="https://web.facebook.com/gsenetworkofficial">https://web.facebook.com/gsenetworkofficial</a></li> <li>Reddit : <a href="https://www.reddit.com/r/GSENetwork/">https://www.reddit.com/r/GSENetwork/</a></li> <li>Twitter: <a href="https://twitter.com/gselabofficial">https://twitter.com/gselabofficial</a> </li> </ul> <h2><strong>Author of this article:</strong></h2> <p>Bitcointalk profile: <a href="https://bitcointalk.org/index.php?action=profile;u=1194708">https://bitcointalk.org/index.php?action=profile;u=1194708</a><br> ETH Adress: 0x9dD9c93D392C1320F4e36de445119Bb10ceB9da4</p> </html>
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