GoNetwork (GOT)

GoNetwork (GOT) widget

ICO date: 11.06.2018 - 11.07.2018
Product Type: Service
Industry: Internet & Telecommunications
Description:

GoNetwork is creating a mobile network infrastructure for Ethereum.

Features:

GoNetwork’s solution aims to solve this problem of speed and cost of Ethereum transactions by allowing off-chain transactions.

State channels amortize the cost of transactions based on the number of off-chain transactions completed off-chain. Thus, in typical high-frequency workflows, the cost of transactions in GoNetwork may be several orders of magnitude lower than running the transactions on Ethereum directly.

GoNetwork’s  prime objective is to build a mobile first network for Ethereum ERC20 tokens that’s off chain.

Founded: Cayman Islands
Website: gonetwork.co
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
NA
Hype score
High 3.3 / 5.0
Risk score
Medium

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See also