Website

IP2PGO (GO)

ICO

Last updated: Apr 27, 2019

IP2PGO App is an escrow P2P marketplace where users can trade ERC20 tokens using local fiat currency. Launched in Oct 2018, it is now available as localised Apps in 11 countries with over 4800 users. We are developing a DEX & will implement a “Hub & Spoke” model to connect IP2PGO Apps (crypto/fiat) to the IP2PGO-DEX (crypto/crypto).

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Overview

Project industry	Exchanges & Wallets
Product type	Marketplace
Founded	Cayman Islands
Whitepaper	Open

Technical details

At the date of this Whitepaper, the development work for IP2PGO DEX is 90% completed. The next stage will be the launch of the Beta version and testing. Similar to the majority of other DEXs, the iP2PGO DEX is being developed as an

What is IP2PGO

One of the main issue in the cryptocurrency markets is still the lack or ease of access for the general public to participate in the markets. Although much progress has been made, cryptocurrency markets are still an unknown to the general public at large.

One of the main problems that we have encountered was investors who wanted to invest in an ICO but did not have the required ETH to subscribe to the ICO. These investors also faced problems to purchase ETH from crypto exchanges because either:

they found the on-boarding process too tedious;

the pricing of ETH offered on those exchanges were too high; or

they couldn’t buy ETH using their fiat currency that they had. Some exchanges only offers ETH pairing in major currency like USD or EUR, and many exchanges do not have crypto/fiat pairings.

Taking into consideration these issues, we started work to develop a P2P cryptocurrency marketplace for individuals to transact cryptos directly with other individuals using fiat currencies. This platform was developed by us, expanding from the Blockchain developed on the financing flow and the Escrow Smart Contracts that were developed on our previous iP2PGlobal financing platform.

We completed and launched our iP2PGO app in October 2018 in Malaysia, Indonesia and Australia. As of the date of this Whitepaper we have also launched our localised app in Botswana, China, Ghana, Nigeria, Philippines, South Africa, Tanzania & Vietnam. with more countries to follow. An OTC Swap Markets app was also launched to cater for users not in the above mentioned countries. There are now 13 tokens (including ETH) listed on iP2PGO, in addition to our Android app version, we have also launched a web version for easier access for people using the iPhones, laptops and computers.

Details

Public sales: May 01, 2019 - Jul 31, 2019
Pre-sale token supply: 500,000,000 GO
Token supply: 200,000,000 GO
Total tokens for sale: 200,000,000 GO
Hard cap: 13,333.33 ETH

Legal

Blockchain Platform: Ethereum
Country limitations: Cayman Islands, US, Malaysia, Singapore, Switzerland
Registration country: Cayman Islands
Registration year: 2018

Office address: Sertus Chambers, Governors Square, Lime Tree Bay Avenue, P.O.Box 2547, Grand Cayman, Cayman Islands

Token info

Ticker: GO
Type: Cryptocurrency
Token standard: ERC20
Token price in USD: 1 GO = 0.01 USD
Token price in ETH: 1 GO = 0.0000666667 ETH
Accepted currencies: ETH
Token distribution:
20% - Future collaboration with 3rd party development partners (moratorium until 15/12/2019)
7.2% - IP2P Global Ltd - as investor (moratorium until 15/12/2019)
10% - Management & country partners (moratorium until 15/12/2019)
22.1% - Reserves for future promotional campaigns
0.7% - Tokens already distributed to 3rd parties
40% - Available for reverse ICO campaign
Funds allocation:
50% - Market making (Liquidity)
40% - Marketing
10% - Infrastructure