Grotto Technology logo

Grotto Technology (GTST)

Status
ICO

Grotto Technology aims to simplify businesses’ operations by developing business process automation through cloud-based software services.

Grotto Technology White Paper Whitepaper

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User Rating
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Ticker
GTST
Type
Utility-token

What is Grotto Technology

Grotto Technologies network will have its own token: Grotto Technology Supply Token (“GTST”). GTST is based on ERC20 Ethereum Token standard.

GTST will be used as a monetary exchange on the Grotto Technology network as consideration for the receipt of goods or services and for the automation of purchase or sale cycle.

Grotto Supply provides a single source of ordering, eliminating the fragmented systems. Order speed will be improved as there will not be a need to wait for sales people to arrive to place an order.

The retailer can find products through self-investigation but would lack the ability to see what is available in their market.

Token Sale Dates

Presale Period

Start date: Jul 01, 2018
End date: Jan 31, 2019

ICO

Start date: Feb 01, 2019
End date: Jun 30, 2019

Token Allocation

Presale Token Supply 424,000,000
Total Token Supply 276,000,000

Funding Details

Soft Cap 10,000,000USD (fiat)

Funds allocation


If Gross Proceeds are: $10.0/ $600.0 mln USD, then:
Research and development $5.5 / $220.8 mln USD
Sales and Marketing $1.4/ $110.4 mln USD
Partnership develop and acquisition $0.0 / $110.4 mln USD
Customer Service & Support $0.0 / $55.2 mln USD
General working capital $2.3 / $55.2 mln USD

Token Price and Payment Options

Token price USD 1 GTST = 1 USD

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