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Germchain (GERM)

Germchain is a blockchain-based liquidity hub that connects liquidity from a wide range of sources to power instant and secure crypto exchange in any decentralized.

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Overview

Project industryFinance Services & Banking
Product typeEcosystem
FoundedGermany
WhitepaperGermchain White Paper Open

What is Germchain

Germ Network provides a suite of software tools and cryptographic value channels that allow anyone to build tokenized protocols and reward participants, not only by mining new blocks, but by also cultivating attention and reputation. It uses the Arweave permaweb for block storage to keep nodes lightweight (allowing highly scalable consensus) while ensuring long term transparency. Germchain design allows for any party to contribute to an aggregated pool of liquidity within each blockchain while providing a single endpoint for takers to execute trades using the best rates available. implementing instant cryptocurrency applications migration and token swaps in a decentralized manner on any smart contract enabled blockchain. It is a decentralized multi-currency stable coin creation and multi-application exchange protocol that supports the interchange of protocols between contracts and the migration of dApps at a very low cost using common tools.

Details

Pre-sale token supply: 50,000,000 GERM
Token supply: 450,000,000 GERM
Total tokens for sale: 50,000,000 GERM

Legal

Office address: Allgäuer Str. 53, 87700 Memmingen, Germany

Token info

Ticker: GERM
Token price in USD: 1 GERM = 0.1 USD
Accepted currencies: BTC, ETH, LTC, BNB, USDT, USDC
Bonus program:
5% extra rewards under buying 20001-50000GERM
8% extra rewards under buying 50001-100000GERM
10% extra rewards under buying 100001+GERM
Token distribution:
41.0%- Pioneering SaaS mining
22.2% - Advisors & Investors
14.6% - Founders and Team
11.1% - ICO Round
11.1% - IDO Round

Germchain Roadmap

1
May 2020

The team was built up.

2
Aug 2020

The design and research of Chain Factory was started and the construction of GERMCHAIN decentralized wallet was started.

3
Nov. 2020

GERMCHAIN community was founded.

4
Dec. 2020

Completed the first round of financing $20 M.

5
Feb. 2021

Testnet phase 01 beta launches.

6
March 2021

Created snarky, a programming language for verifiable computation.

7
March 2021

Created the intelligent contract module which was compatible with EWASM.

8
April 2021

Testnet phase 02 focuses on improving the node operator experience.

9
June 2021

Initiate BTC/ETH/GERM and other cross-chain multi-asset loan application programs.

10
July 2021

Ready to start ICO, IDO.

11
Sept. 2021

Adversarial Testnet focuses n securing vulnerabilities.

12
Nov. 2021

Mainnet launches officially.

Project team

Sebastian Tron
Sebastian Tron
Cofounder & Project Lead
Marcel Kolaja
Marcel Kolaja
Cofounder & Operations Lead
Marcel Kolaja linkedin
Henrik Frystyk Nielsen
Henrik Frystyk Nielsen
Cofounder & Technical Lead
Jon Hicks
Jon Hicks
Cofounder & Lead Product Manager

Social media

Germchain web-site

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2 Responses

  • justinSeptember 3, 2021 at 8:58 am

    Scam, i gave $100 toward ico, now website doesn’t work not their twitter..

    Reply
    • Do Khan KhaiSeptember 15, 2021 at 7:52 am

      I lost $500 scam.

      Reply

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