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Gelato (GEL)

ICO

Gelato — Web3’s Automation Protocol.

Gelato Network is the protocol that automates smart contract executions on Ethereum and beyond. We are building the underlying infrastructure enabling reliable automation on top of Ethereum and with it a key part of the Web3 middleware stack, enabling trustless, automated flows of value between all smart contracts and upcoming Layer 2 networks.

IMPORTANT: By investing in this business you agree to our Disclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

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Overview

Project industryBlockchain Infrastructure
Product typeProtocol
FoundedSwitzerland

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What is Gelato

Gelato Network is the protocol for automated smart contract executions on public blockchains like Ethereum, Polygon, and Fantom. Gelato is used as the underlying infrastructure for developers to outsource their web3 DevOps needs to a decentralized network of bots that enables them to automate arbitrary smart contracts reliably and without them becoming the central point of failure.

Details

Public sales: Sep 13, 2021 - Sep 13, 2021
Token supply: 420,690,000 GEL
Total tokens for sale: 16,827,600 GEL
Hard cap: 5,000,000 USD

Legal

Blockchain Platform: Ethereum
Country limitations: AFGHANISTAN, BANGLADESH, BELARUS, BOLIVIA, BOSNIA AND HERZEGOVINA, BURUNDI, CENTRAL AFRICAN REPUBLIC, CHINA, COMOROS, CONGO, COTE D’IVOIRE, CUBA, ERITREA, ETHIOPIA, GUYANA, HAITI, IRAN, IRAQ, LEBANON, LIBYA, LIBERIA, MONTENEGRO, MYANMAR, NEPAL, NIGERIA, NORTH KOREA, PAKISTAN, SOUTH SUDAN, SUDAN, SRI LANKA, SYRIA, TRINIDAD, TOBAGO, TUNISIA, UKRAINE, UGANDA, USA, YEMEN, ZIMBABWE
Registration country: Switzerland
Registration year: 2019
Office address: Dammstrasse 16, 6300 Zug

Token info

Ticker: GEL
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 GEL = 0.2971 USD
Accepted currencies: ETH

Offices on the map

Gelato Roadmap

1
Dec 2019 - Feb 2021
  • Launched the Alpha version of Gelato, integrating with Kyber Network, Uniswap & BzX (features)
  • Received a total of $65k grants funding from Gnosis & MetaCartel
  • Released Gelato Network v1
  • Partnered with DeFi Aggregators Instadapp, Furocombo, HAL, Gnosis & Chainlink
  • Received $1.2M seed round of funding led by IOSG Ventures, Galaxy Digital
2
Q1 2021
  • Launched the Gelato v2
  • Launched Instadapp Debt Refinancing use case
3
Q2 2021
  • Launched Gelato Network on Polygon & Fantom
  • Launched Sorbet Finance, automated trading on AMMs
  • Launched InstaDapp L1 to Polygon automated cross-chain Aave migration
  • Launched G-UNI, auto LP management for Uniswap v3
  • Instadapp utilized G-UNI tokens for their first liquidity mining scheme
  • Spookyswap integration
  • Gelato Receives Grant From Aave to Protect Users From Liquidation
4
Q3/Q4 2021
  • Integration (Furucombo, DeFi Aggregator Zerion, B.Protocol, Seascape, ETHA Lend, Qi DAO & GotchiCare)
  • Gelato Token Sale
  • Launch Gelato DAO using off-chain snapshot voting
  • Initiate developer mining schemes
  • Raised new financing round with top VCs and angels
  • Executor staking and slashing
  • Off-chain executor coordination
5
2022
  • Off-chain condition verification and payload generation
  • Cross-layer automation (between Ethereum Layer 1 & 2s)
  • Launch fully on-chain Gelato DAO
6
2023-2025
  • Seamless automation between Web2 & Web3 applications
  • Launch of cross-protocol automation network, being able to serve any blockchain, including Ethereum, Polkadot, Cosmos & Near

Project team

Hilmar Orth
Hilmar Orth
Founder
Hilmar Orth twitter
Luis Schliesske
Luis Schliesske
Founder
Luis Schliesske twitter
Matthieu M. J.
Matthieu M. J.
Software Engineer
Matthieu M. J. twitter
Ari Rodriguez
Ari Rodriguez
Software Engineer
Ari Rodriguez twitter
Yahya
Yahya
Software Engineer
Yahya twitter
Jun Gong
Jun Gong
Growth
Jun Gong twitter
Pedro Cruz
Pedro Cruz
Software Engineer
Pedro Cruz twitter
David Liebowitz
David Liebowitz
Growth
David Liebowitz twitter
Daniel Necovski
Daniel Necovski
Community Manager
Daniel Necovski twitter
Fei Shao
Fei Shao
Product Designer
Eduardo Carvalho
Eduardo Carvalho
Software Engineer
Eduardo Carvalho twitter
Igor Stepahin
Igor Stepahin
Product Designer
Igor Stepahin twitter

Social media

Gelato web-siteGelato RedditGelato MediumGelatoYouTubeGelato TelegramGelato InstagramGelato LinkedInGelato TwitterGelato DiscordGelato Github

MVP

MVP URL

User rating:

5/5 ( 1 )
3

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