Geco.one token

Geco.one
3 min readMar 25, 2019

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GEC TOKEN ECONOMY MODEL

PROVEN BLOCKCHAIN SOLUTIONS

Geco adopts the Ethereum Blockchain and ERC-20 token protocols standards to build a utility token. Its primary purpose is the utilisation of the platform and internal ecosystem. We want our coin to be tradable on major exchanges to provide the best possible trading option to all adopters. Each token will get burned each time its utilised on our platform, decreasing the number of tokens and delivering constant growth in value at the same time. The Geco.one platform is developing a unique utility token usable inside the ecosystem of the platform. The token developed on the Ethereum network and according to the ERC20 Standard. The functionality of the token is available in the Token economy model section.

ACCESS

The token is an essential part of the platform and eventually will get listed on the stock exchange. By building demand for GECOIN, we are bringing a tremendous number of investments to the system. With the use of our token burning and utilisation strategy, we’re making it stronger on the exchanges. That way we are giving you the ability to profit from the early purchase. The founders’ assumption is the token is usable now and in the future and infrastructure development around the token before, during and after ICO.

UTILITY

The price of the token inside the platform always adjusts to a current market price as soon as it reaches at least three different exchanges and features on coinmarketcap.com. The GEC token price connection with an average price on the market determines its value for token holders. Geco.one is using specific strategies to build the demand for it. One of the provided strategies is down protection of the valuation. Making GEC token stronger on the exchanges gives you the ability to profit from early purchase. The second, most important solution is directly related to a token burning mechanism. After utilisation of GEC inside the Geco.one platform, Token gets burned permanently. These basic principals make token supply smaller in a form we called: “A diverted mining system”. That mechanism results in tokens being harder to get because there is less and less of them available on the market. The GEC token is set on a platform together with a regular payment method. In general, people are required to provide credits on their accounts to make the modern investment machine working — moreover, credits provided in PRE and POST payments with the use of standard methods and GEC payments. Every token that used inside the application gets burned, decreasing the number of tokens in the total supply making it more expensive to buy on exchanges.

The ultimate goal of the PAMM trading system is to serve as a platform to ensure constant liquidity of cash, transparent transactions and maximisation of profit for investors

“Our common goal is the strong position of GEC on the global market. I see this project co-creating tremendous opportunities for GEC value growth along with the systematic development and expansion of the PAMM platform. Building a stable position of the GEC token will be possible thanks to experience and full involvement of our team. Looking objectively at projects being currently created as well as on those that are already in existence — I see massive potential in GECO.ONE. The expected demand for GEC token is possible thanks to constant care for its usability on the platform and the implementation of the objectives” Łukasz Mędrzak

HARDCAP 1,000,000,000 GEC

Find out more @

https://geco.one/

https://geco.one/static/files/whitepaper.pdf

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Geco.one
Geco.one

Written by Geco.one

Geco.one describes itself as a crypto derivatives exchange. Geco.one offers products including derivatives & staking, volatility products and leveraged tokens.

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