Website

Galaxy eSolution (GES)

ICO

Last updated: May 04, 2018

Galaxy eSolutions (GES) is a Global eCommerce marketplace for refurbished and pre-owned consumer electronics.

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Overview

Project industry	Commerce & Retail
Founded	China, 2016
Whitepaper	Open

What is Galaxy eSolution

Operating as an open source ecosystem and incorporating the hybrid P2P Blockchain platform onto one of the marketplaces for phone trade-in that has a direct C2B and B2B model. This blockchain will be used for recording details of the goods, the logistics and transactions. It will reduce inefficiencies caused in supply chain, and resolve any supplier credibility issues. The tokens will become utility tokens and will be able to be used on the blockchain platform as discounted listing fee and transactions.

Details

Pre-sales: Nov 17, 2017 - Dec 07, 2017
Public sales: Feb 28, 2018 - Mar 31, 2018
Token supply: 300000000
Hard cap: 7,881,400 USD(fiat)
Raised: 20,000 USD

Legal

Registration country: China
Registration year: 2016

Bounty

Bounty: 2%

Token info

Ticker: GES
Type: Cryptocurrency
Token standard: ERC-20
Dividends: No dividends.
Token price in USD: 1 GES = 0.085179 USD
Token price in ETH: 1 Token = 0.000100 ETH
Accepted currencies: ETH
Token distribution:
85.5% - ICO
9.5% Galaxy eSolutions
3.5% - Pre-Sold Tokens
1.5% - Bounty program
Funds allocation:
35% Inventory
35% Working Capital
10% Overseas Fulfillment Centre
5% Social Marketing
5% O2O Development
2% App Development
1.5% Corporate Development
1.5% Talent Acquistion

Galaxy eSolution Roadmap

2016 Dec

1st NDBD country site launched.

2017 Jan

Reached 50 orders per day.

2017 Mar

1st YABphone site launched. Launch of Android-Reborn site. Reached 100 orders per day. Reached 1M USD monthly sales. 10 Country markets.

2017 May

Reached 1.5M USD monthly sales. 20 Country markets.

2017 Sep

Reached monthly operational break-even point. CNS obtained major share and management control and rights of Chinese Government authorised refurbishment factory (Furunzi). ERP integration with Factory.

2017 Oct

Reached 2M USD monthly sales. Obtained Exclusive Supply Agreement from CNS and Furunzi. Reached investment agreement with CNS. Launched Employee Shares Scheme successfully.

2017 Nov

Launch ICO Presale. Prototype site MobileFreak built.

2017 Dec

Fully tailored production plan in place for GES. Launch ICO Official/Public.

2018 Jan

Start selling refurbished Samsung phones.

2018 Mar

MobileFreak phrase 1 launches.

2018 Jun

Start building Marketplace.

2018 Sep

MobileFreak phrase 2 launches