GoNetworks' GoToken - A Solid Cryptocurrency
A major concern with blockchain technology centers on speed and high cost of transactions. Transactions on blockchains like bitcoin are expensive and slow. With growing usage, Ethereum will fare no differently over time. GoNetworks solution solves this problem by allowing off-chain transactions.
GoNetwork is designed for the trillion dollar mobile economy and commerce market.
GoNetwork makes Ethereum fast
State channels amortize the cost of transactions based on the number of off-chain transactions completed off-chain. Thus, in typical high-frequency workflows, the cost of transactions will be several orders of magnitude lower than running the transactions on Ethereum directly.
Our prime objective is to build a mobile first network for Ethereum ERC20 tokens that’s off chain. It is a fast, cheap and low latency infrastructure.
Making Transactions Cheap
A major concern with blockchain technology centers on high cost of transactions. GoNetworks solution solves this problem by allowing off-chain transactions.
Expected growth for GoNetwork
To achieve our vision of bringing cryptocurrency to the masses, we begin by developing infrastructure that cheaply scales
the transactions per second on Ethereum for mobile platforms. We deploy our use case, GoExchange, a virtual
goods commerce platform, leveraging our scalable networking solution. Concurrently, the Pocket platform (
our winning entry at ETHWaterloo ) will be further developed to penetrate the commerce market.
We will also evangelize our platform worldwide and look at potential partnerships with governments and organizations interested in applying blockchain to various parts of their infrastructure.
Total token supply: 100,000,000 GOT
GOT Token type: ERC20
Purchase methods accepted: BTC and ETH
Founder of Infinidy Corp, one of Canada's leading game development studios. Graduated from the University of Waterloo , Ontario, Canada. Created the biggest iOS theme park simulation game called Happy Park. Over 15 million people have downloaded Infinidy's games! Founded Dubsquad that became one of the largest video social networks among teens worldwide with over 1 million users. Selected by YCombinator for in-person interview at Mountain View, California. Early bitcoin miner.
Software architect & Blockchain expert. Graduated from the University of Toronto, Ontario, Canada. Spearheaded research and development while working at BlueRover as Vice President of Software Architecture R&D. BlueRover is a leading Canadian Internet of Things (IOT) technology company. Worked at several Ethereum based open source projects. Etherium Investor.
Graduated with distinction and honours in Software Engineering from the University of Waterloo, Ontario, Canada. Xun is the co-founder and CTO of Infinidy Corp. He is a serial entrepreneur who has created products that have been used by millions of people and have acquired a large active user base. Led Infinidy to become one of the first companies to join Communitech, Canada's top digital media incubator. Infinidy was also a part of Accelerator Center (world-leading tech incubator of Canada - http://acceleratorcentre.com/), sharing the platform with top tech companies like Kik Interactive.
Miao Jiang, PhD - University of WaterlooScalability and Network Security Researcher
Miao worked on core Android application optimization at Google. He holds a PhD Degree from the University of Waterloo where his prime research was on distributed computing.
Harry Peng, MSc. Computer ScienceScalability Architect
As a Software Engineer at Google, Harry has worked in the Gmail extensibility platform. He has also lead Android development for the Google Fiber project. He worked as a Software Development Engineer at Amazon on their payment platform.
Jesse GuildBusiness Development Manager
Jesse is the CEO&Co-Founder of Blitzen and EIR of Citi New York. He has a Master’s Degree from the University of Waterloo. With his experience as a senior analyst at Communitech, Jesse knows what the Startup world is like long before getting his hands dirty in it. From day to day he works alongside the marketing team to get GoNetwork’s brand into the world, while juggling many other company aspects such as implementing strategies and outbound sales. Constantly following soccer matches and the stock market, it’s safe to say he’s an expert at multi-tasking.
Yifan Evan ZhuFinancial Advisor
Received his Master Degree from BinghamTon University. 7 Years of working experience in PWC as Investment Management Audit and Tax Associate.
Vincent XieProject Manager & Business Consultant
Graduated from University of Waterloo. 4 years of Banking experience as Senior Business Analyst and Senior Business Consultant. He started being Infinidy Corp's Senior Business Consultant since 2012 and has maintained good working relationship with us and helped us create some of the top games.
Jeff Morris Jr.Director of Product Management - Revenue at Tinder, Inc. Founder at Chapter One Ventures
Tess HauStanford University GCBC Advisor and Ex Stanford Innovation Farm Team Member at Stanford University Graduate School of Business
Ian BalinaCryptocurrency Investor, Advisor and Influencer. Featured in Forbes, WSJ and INC.
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Zombies vs Aliens & 9000 BC - Feature by Apple Inc.Feb
Started understanding the growing mobile app business. Our first products were featured by Apple Inc and covered heavily by the media. Highlights of our achievements:
Launched Happy Park - A theme park simulation gameJune
We started studying the virtual goods market on mobile by launching a series of freemium games. Happy Park became our most successful game. Achieving these heights:
Partnership with GREE International, Inc.June
In summer of 2013 GREE International, Inc - Japanese social gaming giant, approached us among other top app developers to launch social games with the integration of their social gaming platform - https://goo.gl/BW1awnThis gave us a unique opportunity to expose our large user base to a new social platform and experiment with currency trading in our games. We also made some key relationships with gaming giants and other game studios.
Happy Park becomes the largest theme park game on Apple’s AppStoreJuly
Launch of Dubsquad.me - video social networkSep
Success of social games and strong understanding of virtual economy leads us to launch a video social network.
GoNetwork experiment starts & Dubsquad.me becomes Top 10 photo and video app!Q2
Selected by YCombinator (Investors in Airbnb, Reddit) for in-person interview!
Developed prototype architecture of GoNetworkQ2
R&D Mobile Development and Accessibility to mobile
Internal testing of Ethereum private network and solidity contract
Testing solidity custom cryptographic primitives
GoExchange Alpha LaunchQ3
Winner of ETHWaterloo - worlds biggest Ethereum hackathon!Q4
GoNetwork Mobile Tutorials SeriesQ4 - November
GoExchange Ongoing DevelopmentQ1
Open alpha launch
Closed beta Testing