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#Blockchain, #Mobile & Gaming All projects

TRIFFIC: Putting blockchain on the map.

Triffic is a Gamified GPS APP That Rewards You with Cryptocurrency Just for Living your DAY-TO-DAY Life.

stage Ended crowdsale

3.9 Rating

by 4 users


    KPLs

    • Employees11

    Presentation


    Team

    7
    man James Malach

    Chief Executive Officer

    James is a senior software developer who has been creating and launching innovative web-based solutions since 1995. His specialities include technical architecture and design, business process analysis, project management, prototyping, strategic planning and assessment, community and social network creation. James launched Coinerz in 2014 and is responsible for the overall development of the company as well as identifying new business opportunities.

    man Christian Wallace

    Chief Operating Officer

    A seasoned acquisition, logistics and business operations expert with 25 years of field experience in organizing, planning, and resolving substantial problems in the US Government/Military Industrial Complex. His specialties are procurement, contracts law, policy development, organizational theory and practice, information technology, computer networks and the sustainment of complex supply chains. He is responsible for managing the internal growth of Coinerz Gro

    man Alex Shepherd

    Chief Technology Officer

    Alex is an experienced Linux systems administrator and software developer with a passion for open source software and network security. These skills combine to give him a unique vision of the potential of cloud computing in the blockchain industry. Alex has been working with blockchain technology since the beginning of 2012 and has developed many cryptocurrency applications that have been used by a huge number of investors.

    man Barnaby Andersun

    CEO BlockAlchemy.io

    Working in technology for over 25 years as a serial entrepreneur, Barnaby has founded start-ups, blockchain and ecommerce projects, including BlockAlchemy (an accelerator for innovative ICOs), and Brand Aloud, which offers start-ups a complete strategy for marketing themselves online. Both organizations focus entirely on blockchain projects. Barnaby brings over 25 years of digital design strategy and development to the blockchain. In addition to this, he is a sought after international speaker, having spoken on Blockchain and cryptocurrencies at the World Economic Forum (WEF) 2018, has trained thousands of people in the US, Asia and Australia on the strategies to build online audiences, use social media, and ecommerce innovations with cryptocurrencies.

    man Shashank Patel

    iOS Production Manager

    With over ten years’ experience in the field of iPhone app development, Shashank has been involved in creating benchmarking solutions for Apple and has been working with geolocation and mapping for over six years. He is an expert at creating software development kits (SDKs) and has worked extensively to create advertising and data-mining platforms.


    Advisors

    4
    man Joseph Nehorai

    EMEA Managing Director, JP Morgan Chase

    Joseph Nehorai is currently an EMEA (Europe, Middle East and Africa) Managing Director, of JP Morgan Chase where he has headed up the Futures and Options and Investor Commodities Sales since 2014. He was previously the Co-Head of Futures and Options (North America) for Nomura Securities. As well as raising awareness of Triffic and the Coinerz Group to institutional investors, Joseph will also bring his experience of international regulations to ensure we remain compliant in all the countries and jurisdictions where we operate our business.

    man Marc Thalen

    CTO Prediction.VC

    Marc is the founder and CTO at PredictionVC. A company that leverages big-data to analyse, predict and rate cryptocurrency markets. He also worked as a senior software engineer at GSR, one of the largest market makers in crypto where he was responsible for the development and execution of algorithmic trading bots. Marc holds a bachelor’s Degree in Game Architecture and Design from the NHTV University in Breda (Netherlands) with a specialisation in Enterprise Gamification.

    man Gabriel Francesch

    CEO Kotoba Translation

    Gabriel is an experienced business developer who focuses on the blockchain industry. He speaks fluent French, English, Japanese and Mongolian and understands the intricacies of launching new business in different parts of the world. His focus will be on the localization of the Triffic App for various international markets.

    man Christopher Rizanow

    Blockchain Industries

    Chris earned his MBA from McGill University focusing on blockchain & smart contract strategy in equity financing. He also advised Telcoin during their ICO. Chris is experienced in business development, strategy consulting, and lean methodologies. Outside of this, he is a constant skeptic of the status quo and looks to constantly test new ideas and innovate whenever possible. At Triffic, Chris will be be responsible for seeking out growth and investment opportunities in Japan and SE Asia.




    Crowdsale details

    Budget allocation
    • Software (50%)
    • Marketing (15%)
    • Operations (15%)
    • Legal (5%)
    • Reserve (5%)
    • Coinerz Group (10%)
    Details Indicators
    Token Symbol GPS
    Full Token Name GPS Token
    Pre-crowdsale Start July 2nd, 00:00 GMT+03:00
    Pre-crowdsale End July 22nd, 00:00 GMT+03:00
    Crowdsale Start July 30th, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or August 31st, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, $25000000
    Crowdsale Soft Cap Yes, $250000
    Domain owner Individual

    Cost of the token

    1 token for 0.2 $

    Price without discounts

    Discounts and Bonuses

    ADDITIONAL BONUS TOKENS
    Because of our commitment to the growth of the Ardor ecosystem, we intend to offer additional bonuses to investors who choose to
    pay in Ardor, Ignis or Nxt. Again, this will be based on the exchange rate at the time we collect payment.
    ARDOR - 10%. IGNIS - 5 %. NXT - 5%.

    Pre-crowdsale
    Discount Dates Minimum purchase amount
    40% July 02 — 08, 2018
    20% July 16 — 22, 2018

    Accepted currency

    • Bitcoin
    • Ethereum


    Rate the project

    Estimate the project on a five-point scale or switch to the simple scale

    Five-point scale Simple scale

    Relevance of the problem and Market size

    1 2 3 4 5

    Product competitiveness

    1 2 3 4 5

    Founders, Team & Advisors

    1 2 3 4 5

    Budget allocation and roadmap

    1 2 3 4 5

    Token economy, Tokenization & Business model

    1 2 3 4 5

    Distribution & Lock up of tokens, Discounts for early buyers

    1 2 3 4 5

    Summary rate the project

    1 2 3 4 5

    Rate the project by other users

    4
    James Young June 29, 2018
    Rating of project
    5.0

    Advantages

    A nicely organised project, with set up white paper and qualified team. I have no doubts about the project's future, as the technology model looks quite strong and monetisation side is also transparent.

    Risks and disadvantages

    As was noted below, it would be helpful to obtain more detailed understanding about the project development milestones both from marketing and technical sides.

    Comments

    Solid Team and relevant project with quite good perspectives. I am looking forward to this, especially for the integration with the most popular global services.

    Sofia Medda June 27, 2018
    Rating of project
    3.7

    Advantages

    The Whitepaper is well-designed. Marketing strategy is detailed and reliable. Multilingual customer service will be created. One customer support staff will be recruited for every 50000 users in each country. The team targets over fifty ICO listing sites.

    Risks and disadvantages

    There is no information about how many partnerships are planned to be created during the 1st year, the 2nd, etc.

    Comments

    The CEO has been evangelizing blockchain technology for several years, he was invited to the Google Campus in London and events around Europe. I think his participation is a benefit for the project. The team intends to promote the Triffic ICO at various meet-ups and blockchain conferentions. I think it's a good start for the project. But the team will face a lot of challenges.

    Denys Serhiichuk June 26, 2018
    Rating of project
    3.7

    Advantages

    The team is experienced one and there are also skillful advisors and partners. Among the last ones there are such big companies as Uber and Booking. Another advantage concerns marketing. There are different media platforms, such as Medium, Reddit, Facebook, Telegram, where users can get information about the project.

    Risks and disadvantages

    Roadmap has several steps of platform development. However, I wish it could be more detailed, described in dates rather than in quarters.

    Comments

    Overall, the idea is not clear. The platform, that gives tokens just for living is not understandable. I do not see the reason why the team launched the ICO. Moreover, there is no MVP.

    Anne Bryn June 26, 2018
    Rating of project
    3.3

    Advantages

    50% of monthly profit will be used for purchasing GPS token at the market rate and distributing to token holders, I think this is a good incentive for investors. Businesses will be able to promote their product and services to their target audience using the app. Potential market size is very big. The app is map-based and scalable, it can operate in any country.

    Risks and disadvantages

    This is a highly competitive sphere. Many other projects offer interesting solutions for businesses and users. It will be difficult for the team to succeed.

    Comments

    The project gives GPS tokens to people who follow it on social media. The team has many other interesting ideas of the ways of creating awareness, which we can find in the whitepaper. I hope the team will achieve their goals.


    FAQ

    Frequently Asked Questions

    What is being sold?

    The GPS Token is a utility token that is being sold to investors and early adopters of the Triffic App.

    What is the GPS Token and what utility does it play within the Triffic App?

    The token will be used to incentivize and reward app users who can either use them in the in-app economy (marketplace, business and service promotion, rewards etc.) or they can exchange them for Bitcoin, Ethereum or any other cryptocurrency.

    How many GPS Tokens are there in total?

    The Coinerz Group has generated a total supply of one billion GPS Tokens (1,000,000,000). These will act as a placeholder during stage one of the development of the Triffic app. Once stage two (blockchain integration) is reached, GPS Tokens will become their own child-chain on the Ardor ecosystem and holders of the initial GPS Token placeholder will exchange them at the rate of 1:1 into the new token. When this occurs, any undistributed placeholder tokens will be burnt, massively reducing the supply, and the new child-chain algorithm will 'mine' GPS Tokens based on GPS and accelerometer readings.

    How many GPS Tokens are being sold in the token sale event (ICO)?

    Ten percent (10%) or 100,000,000 of the total GPS Token supply of 1,000,000,000.

    How will the sales event (ICO) work?

    The Coinerz Group have created an Ignis Asset called 'GPS Tokens'. Each token is valued at $0.20 USD. Investors can purchase tokens by using Bitcoin, Ethereum, Ardor, Ignis or Nxt. The price will be pegged to USD, which means that there will be some fluctuation in the price as the markets move up and down.

    How will the sales process work?

    1. A detailed description of our sales process is located on our sales site and in our White Paper which contains an easy step-by-step walkthrough.
    2. Please use our contact form at the bottom right of the page to contact our Customer Support team if you have any questions.

    What is the GPS Token structure & pricing?

    Total Supply: 1,000,000,000 GPS Tokens

    Allocated market (public) supply: 100,000,000 GPS Tokens (10%)

    1 GPS Token = $0.20 USD

    Soft Cap = $250K USD

    Hard Cap = $20M USD

    Are there any bonus incentives being offered?

    Bonus incentives will be first come, first served. The earliest purchasers will be rewarded additional GPS Tokens.

    Founders Sale
    Investors who purchase more than $25,000 USD of GPS Tokens will receive a heavily discounted price of $0.08 USD per GPS Token. These tokens have a lock-in period which prevents their sale until approximately 60 days after the close of the ICO (30 October 2018).
    Pre-Sale Week One
    GPS Tokens will be available at the price of $0.12 USD per GPS Token from 2 July 2018 at 09:00 PST to 8 July 2018 at 09:00 PST.
    Pre-Sale Week Two
    GPS Tokens will be available at the price of $0.16 USD per GPS Token from 16 July 2018 at 09:00 PST to 22 July 2018 at 09:00 PST.
    Purchase Using Ardor
    Investors who purchase their GPS Tokens using Ardor will receive an additional 10% bonus.
    Purchase Using Ignis or Nxt
    Investors who purchase their GPS Tokens using Ignis or Nxt will receive an additional 5% bonus.

    What will happen to all the unsold GPS Tokens during the Token Distribution Event?

    They will be added to the rest of the GPS Asset Tokens and will be made available for Triffic App users to earn.

    What is the token delivery plan?

    We will deliver the GPS Tokens after the conclusion of the public sale event.
    The amount of GPS Tokens that the user will receive is based on the BTC, ETH, ARDR, IGNIS or NXT price at the time of submission. This means that if you bought tokens when Ethereum was US$500, you would receive 2500 GPS Tokens, whilst if you bought tokens when Ethereum was US$1000, you would receive 5000 GPS Tokens.

    Where do I send BTC, ETH, ARDR, IGNIS or NXT?

    You should only send funds to the address you see on the token sales site. Your payment address will be different depending on the token you wish to use.

    Is there an airdrop?

    No, there is no airdrop.

    Is there any way to earn bonus GPS Tokens?

    Yes. We have an affiliate program that allows anybody who has met our KYC requirements to promote the Triffic ICO to their friends and followers. We are also giving GPS Tokens to people who follow us on our various social media. The admin dashboard of the token sales site makes the process easy to understand.

    Is there a whitelisting process?

    Our KYC process is run by Identitymind, and is fully automated. You must meet our KYC requirements in order to purchase GPS Tokens. Please follow the instructions on our sales site to register for the KYC and be whitelisted for the token crowdsale event.

    I am a US citizen, can I participate in the ICO?

    US citizens can take part in the ICO if they are an accredited investor. An accredited investor is someone who has a net worth of AT LEAST US$1,000,000, excluding the value of ones primary residence, or have an income of at least US$200,000 each year for the last two years ($300,000 combined income if married). If you think that you qualify, then please contact our support desk by clicking the 'Help' button.


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