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Golden Goose

ICO

Golden Goose is a cryptocurrency mining center and a global cryptocurrency exchange project based in Paraguay.

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Overview

Project industryBlockchain Infrastructure
Product typeOrganization
WhitepaperGolden Goose White Paper Open

What is Golden Goose

The Golden Goose Project is led by the Commons Foundation and actively supported by stakeholders in Paraguay, with the aim of establishing the world’s largest crypto-currency mining center and a global crypto-currency exchange in Ciudad del Este, Paraguay.

The Golden Goose team entered into a contract with a Paraguayan joint venture on November 6, 2018, to establish a crypto-currency mining center and a global exchange (refer to Figure 1). In addition, the project operators procured a 250,000m2 site for the world's largest mining center and a 500MW substation near the Itaipu Hydro Power Plant in Paraguay, which is the largest clean energy producer in the world as well as low and reliable rates for electricity. Hugo Velázquez Moreno, Vice President of Paraguay, expressed high expectations in, and will to support, the development of a new industry for his country through the Golden Goose Project led by the Commons Foundation (Refer to Figure 2). In addition, the project team met with the Paraguayan ambassador to Korea Raúl Silvero Silvagni on November 23, 2018. The ambassador also expressed the intention of the Paraguayan Embassy to provide utmost support and cooperation for the project, in addition to rendering assistance in issues that may arise in Singapore, Mongolia, Cambodia, and the Philippines, which are countries in which he jointly represents Paraguay.

The proof of works (PoW) mining method, in which mining machines are used to produce hashes, is categorized into cloud mining that requires the miners to own their own equipment and customers can rent the hash power to mine the tokens, and mining in which customers’ mining machines are used and managed by a mining entity.

Theoretically, to mine crypto-currency, anyone in the world can download a mining program to their device and mine coins by running that software. In fact, during the nascent years of Bitcoin mining, individuals could mine coins with PCs, but as the competition has been intensified and the mining has become rapidly and seriously difficult, it is now prohibitively difficult for individual users to mine coins. Today, specialized machines such as ASIC must be used to mine. With this trend, crypto-currency mining is undergoing continued concentration and enlargement.

Details

Pre-sales: Mar 10, 2019 - May 31, 2019
Public sales: Jun 01, 2019 - Feb 29, 2020
Pre-sale token supply: 300,000,000 GOLD
Token supply: 10,000,000,000 GOLD
Total tokens for sale: 5,100,000,000 GOLD

Token info

Ticker: GOLD
Type: Security
Token price in USD: 1 GOLD = 0.24 USD
Accepted currencies: BTC, ETH, MBC
Bonus program:
Token price:
Private Sale - $0.10
Pre-Sale - $0.13
Public Sale 1 - $0.20
Public Sale 2 - $0.25
Public Sale 3 - $0.30
Token distribution:
20% - Local Corporation and Stakeholders
20% - Foundation Ownership
1% - Private Sale
3% - Pre-Sale
15% - Public Sale 1
16% - Public Sale 2
16% - Public Sale 3
1% - Marketing and Promotion
2% - Development Team
3% - Project Contributors
3% - Contract Contributors

Golden Goose Roadmap

1
2017. 10

Ideated the Paraguay project (in Paraguay).

2
2018. 2

Kicked off the Paraguay project.

3
2018. 6

Established a business plan with Paraguayan partners.

4
2018. 9

Set up the Golden Goose team.

5
2018. 10

Planned the Golden Goose Project.

6
2018. 10

Reviewed the feasibility of the Golden Goose Project.

7
2018. 11

Signed the investment and business contract for a cryptocurrency mining center and a global exchange in Paraguay.

8
2018. 11

Pledged for support and cooperation for the Golden Goose Project from the Paraguayan Embassy.

9
2018. 11

Completed Golden Goose White Paper Version 0.89.

10
2018. 12~1

Private Sale

11
2018. 12~4

To plan and draw up a Golden Goose global cryptocurrency exchange.

12
2018. 12

Designed the 1st Farm of the Golden Goose Mining Center.

13
2018. 12

Planned and produced the website.

14
2018. 12

Selected a cryptocurrency mining equipment partner(Bitfury).

15
2018. 12

Established a strategy for operating Temporary Mining Center using Bitfury’s BBAC equipment.

16
2019. 1

Visited Bitfury Georgia Data Center and signed the term sheet contract.

17
2019. 1

Bitfury VP visited Seoul and signed the MOU and a partnership contract.

18
2019. 1

Completed Golden Goose White Paper Version 0.96.

19
2019. 2~4

To select a Golden Goose Global Crypto-currency Exchange joint partner.

20
2019. 2

To complete Golden Goose White Paper Version 1.00.

21
2019. 2

To open Golden Goose’s website (in Korean, English,Spanish)

22
2019. 2

To order 4 units of Bitfury BlockBox AC (BBAC)

23
2019. 3~5

Pre-Sale

24
2019. 3~4

To select an operator for constructing the Golden Goose Mining Center and sign a contract with the operator

25
2019. 3

To order 4 units of Bitfury BlockBox AC (BBAC)

26
2019. 3

To select an operator for constructing a 500MW substation and sign a contract with the operator

27
2019. 3

To support additional languages for Golden Goose's website (in Chinese and Japanese)

28
2019. 3~4

2019 To start constructing the 500MW substation

29
2019. 4

To hold a groundbreaking ceremony for Golden Goose Mining Center

30
2019. 4

To order 8 units of Bitfury BlockBox AC (BBAC)

31
2019. 5~12

To make Golden Goose Global Crypto-currencyExchange

32
2019. 5

To order 14 units of Bitfury BlockBox AC (BBAC)

33
2019. 6~8

Public Sale 1

34
2019. 7

To operate Golden Goose Temporary Mining Center (12BBACs, 168PH/s)

35
2019. 8

To operate Golden Goose Temporary Mining Center (24 BBACs, 336PH/s)

36
2019. 9~11

Public Sale 2

37
2019. 9

To complete and operate Golden Goose Temporary Mining Center (30 BBACs, 420PH/s)

38
2019. 12~2

Public Sale 3

39
2019. 12

To open the Golden Goose Global Crypto-currency Exchange

40
2020. 1~3

To order the latest Bitfury equipment (60 BBACs)

41
2020. 1~12

To prepare and proceed with the work for constructing a substation and facilities for the second Golden Goose Mining Center

42
2020. 3~5

To operate Golden Goose Mining Center (90 BBACs,1,260PH/s)

43
2020. 4~6

To order the latest Bitfury equipment (60 BBACs)

44
2020. 6~8

To operate Golden Goose Mining Center (150 BBACs,2,100PH/s)

45
2020. 7~9

To order the latest Bitfury equipment (60 BBACs)

46
2020. 9~11

To operate Golden Goose Mining Center (210 BBACs,2,940PH/s)

47
2020. 10~12

To order the latest Bitfury equipment (60 BBACs)

48
2020. 12~2

To operate Golden Goose Mining Center (270 BBACs,3,780PH/s)

49
2021. 1~3

To order the latest Bitfury equipment (60 BBACs)

50
2021. 1~12

To order the latest Bitfury equipment for thesecond Golden Goose Mining Center (300 BBACs)

51
2021. 1~12

To complete and operate the second Golden Goose Mining Center (630 BBACs, 8,820PH/s)

52
2021. 1~12

To prepare for the establishment of the substation and the 3rd Golden Goose mining center

53
2021. 3~5

To complete and operate Golden Goose Mining Center (330 BBACs, 4,620PH/s)

54
2022. 1~12

To order the latest Bitfury equipment for the third Golden Goose Mining Center (300 BBACs)

55
2022. 1~12

To complete and operate the third Golden Goose Mining Center (930 BBACs, 13,020PH/s)

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