Glet tokens: Cryptocurrency for entertainment
Go live will be a platform that will facilitate real-time fee-less cryptocurrency entertainment ticket transactions.
Dr. Naveen Kapoor
Team Engagement Manager
- Crowdsale (70%)
- Reserved funding (15%)
- Founders & Team (10%)
- Advisors (2%)
- Bounty campaing (2%)
- Soft round (1%)
- Development of Platform – (55%)
- Marketing (20%)
- Operational Cost (20%)
- Legal (5%)
Cost of the token1465 tokens for 1 eth
Price without discounts
Rate the project
Estimate the project on a five-point scale or switch to the simple scale
Estimate the project on a simple scale or switch to the five-point scale
Relevance of the problem and Market size
Founders, Team & Advisors
Budget allocation and roadmap
Token economy, Tokenization & Business model
Distribution & Lock up of tokens, Discounts for early buyers
Summary rate the project
Rate the project by other users3
Platform for social networks that will provide for consumers possibilities for entertainment in real time, wherever you are. The project uses its own cryptocurrency to pay for services and commissions to provide entertainment content.
Risks and disadvantages
Essentially the project has no cons and if the team succeeds to adhere exactly to the roadmap, then most likely they will be able to prove its worth in the entertainment marketplace.
Most likely that the project will be successful, but in the case of sufficiently strong advertising support and compliance with all terms specified in their development program. With all the diversity of social networks, there are not so many startups providing such services, so that little competition will also help the project to gain market faster.
The platform has already working product: application for Android and IOS. There are also bonuses for those people, who invested at the early stage of crowdsale. Besides Whitepaper Glet-tokens has Lighpaper, where the whole idea is outlined.
Risks and disadvantages
Nothing mentioned about advisors and partners. Marketing policy is bad, as there are no social networks, like Bitcointalk, Facebook, and Twitter. Website is not translated into other languages except English. Moreover, there is no Roadmap.
The project has potential, however not many people know about it. I wish marketing strategy of the platform would be better.
The crowd sales are relatively high which benefits the business. It provides a platform to get legitimate entertainment value. The platform provides incentives to the community members. The global opportunity illustrates a very high market base. it will enable sharing content in real time which creates consistence.The users are saved from processing fees to access the entertainment they desire.
Risks and disadvantages
The traffic statistics are extremely low in search engines. The project only allows one cryptocurrency which limits potential growth.
The bounty tokens could be increased to help on popularity over social media platforms.Its however a good project it could redefine the social media platform of communication into a more diversified venture and bring a completely new way of doing things
What is a cryptocurrency?
A cryptocurrency is a digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature. A defining feature of a cryptocurrency, and arguably its most endearing allure, is its organic nature; it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation. Cryptocurrencies make it easier to transfer funds between two parties in a transaction; these transfers are facilitated through the use of public and private keys for security purposes. These fund transfers are done with minimal processing fees, allowing users to avoid the steep fees charged by most banks and financial institutions for wire transfers.
Why is GLToken unique from other ICOs?
Our two-coin structure addresses the volatility problem by providing one coin that is stable in value for transactions, and a second coin for investors that trades freely and receives a share of the revenue generated in the Go Live ecosystem. Our proprietary Proof-of-Entertainment consensus mechanism is designed to provide sub-second transaction times, and our management team has existing relationships with The Top Entertainment Providers in the World. Additionally, all GLCoins are fully backed by cash and cash equivalents.
How does GoLice make money?
GoLive will offer opportunities for entertainment providers to reach a broader audience via a monthly subscription model.
How to Participate?
We've prepared detailed instructions for anyone not yet comfortable in navigating the cryptocurrency world. Check out the steps on how to create a wallet, how to buy Ethereum (ETH) and how to send ETH to GoLive during the token crowdsale in exchange for GLET Tokens.
How experienced is GoLives management team?
GoLive has one of the most experienced management teams in the entire digital currency sector. Our team has been involved in a number of successful start-ups as well as several large and well-respected Concert Promotion organizations. Please review our team’s bios on the website and in our offering documents for additional information.