Coin Governance System (CGS)

Coin Governance System (CGS) widget

ICO date: 01.07.2018 - 31.07.2018
Product Type: Ecosystem
Industry: Privacy & Security
Description:

An on-chain insurance mechanism to protect ICO investors from scams and bad practices.

Features:

The funds raised in an ICO will be protected by the CGS through an escrow smart contract. If ICO investors disagree with steps that the project is taking or the way they spend the raised capital, they can submit a claim to the Coin Governance System which could lead to the withdrawal of the remaining funds.

Шf the submitted claim receives enough support from other ICO token holders, the claim will be handled by the decentralized community of CGS Arbiters.

If the claim receives enough support, it will be opened and handled by a decentralized judge: the community of CGS Arbiters, who are incentivized to vote correctly.

Founded: Spain
Website: cgs.vote
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
NA
Hype score
Low 1.8 / 5.0
Risk score
NA

Other projects

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ProKareX (PKX) 02.04.2018 - 30.06.2018
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CryptoSecure (SECURE) 01.05.2018 - 31.07.2018
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Bidipass (BPD) 11.05.2018 - 11.07.2018
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See also