gamb ico review

what is Gamb?

Gambio is the market leader in German e-commerce software and has a long history in the industry. Gambio has built a thriving ecosystem for businesses that allows the use of industry-leading e-commerce core service integration. Gambio Holdings, headquartered in Zug, Switzerland, has five subsidiaries and employs more than 50 people, most of whom are developers and engineer.

GAMB has developed an intuitive integrated e-commerce solution. For more than a decade, this open source software has continuously been improved to address the needs of our businesses.

As of today, it is a very flexible self-hosted and cloud version. With more than 25,000 online stores growing, GAMB's business base is becoming more and more critical. Based on open source software driven by blockchain technology, GAMB will lead the industry as a sustainable alternative to Amazon.

We firmly believe that businesses need to be able to provide consumers with the best products and best services. The best option is to go to a centralized, organized market, which will be controlled by the merchants themselves.

Decisions about functions and services and cost and fee structures will no longer force merchants. Instead, they will decide for themselves in a decentralized autonomous organization (DAO). The concept of merchant union is to establish a strong basic market organization structure. Businesses around the world have become members of this alliance and participate in the decision-making process. They only need to have GAMB tokens.

Gambio ranks first in German e-commerce software.

Gambio is the fastest growing Google partner in Europe and has more than 100 European largest companies as partners. In addition to Google, there are well-known companies such as PayPal, DHL, Klarna, and SOFORT.

Market Analysis

Founded in 2005, Gambio is the leader in the German e-commerce software market, with more than 25,000 active merchants and annual store revenues exceeding 2.3 billion euros (2.7 billion U.S. dollars). The company’s global network of strategic partners covers a wide range of areas, including Google and Klarna, as well as DHL and other logistics giants.

According to Sohu Financial News, Klarna Payment Services was established in Stockholm, the capital of Sweden in 2005. It has won several investments from Sequoia Capital, DST Global and Transatlantic Capital Group, and now owns Germany, Austria, Norway, Finland, Denmark, and the Netherlands. A number of branch offices.

In order to allow users to buy products faster, in 2012, Klarna released a unique payment method of “cash on delivery”. As long as the user orders, Klarna advances first, and the user can repay within 14 days of getting the goods. In the process, Klarna is willing to bear all the risks of fraud and buyer default payment.

This approach has a clear advantage for merchants. They no longer need to deal with different types of credit cards for buyers, manage different payment systems, and annoying verification processes because Klarna has taken over this part of the process. In order to reduce fraud, Klarna has a special set of machine learning algorithms to monitor and predict fraud.

Klarna's CCO Mr. Michael Rouse signed the letter specifically for the project:

GAMB is deeply rooted in the e-commerce ecosystem and has thus witnessed the unprecedented economic strength of Internet giants Google, Amazon, Facebook and Apple (GAFA). Today, 55% of all product searches began with Amazon, and 28% diverted from Google's search engine. More than 4 million merchants worldwide use the Amazon market and underlying services as sales channels.

For merchants, due to the serious reliance on Amazon, Amazon's centralization and market forces are a real threat. GAMB hopes to lead the industry as a sustainable alternative to Amazon through this project, breaking the vicious circle of this concentration of power.

GAMB Team

The team members are truly available. The CTO is one of the outstanding technical talents in the field of e-commerce in Europe. Its e-commerce project has completed an annual turnover of 1.5 billion euros. GAMB has a team of over 50 engineers. From front-to-back engineers to blockchain, the development team is relatively sound.

Luis Krug | CEO

Mr. Kruger is one of the European e-commerce pioneers and began his first e-commerce project at the age of 25. Redcoon's founder has an annual turnover of more than 500,000 euros. Mr. Krug knows how to start and expand e-commerce related projects.

He also participated in Rebelio, BuyVip and Pixmania. In addition, since 2003, he has operated the technology incubator INCUBOUT out of Barcelona and invested in more than 15 digital start-up companies. His current portfolio includes projects such as Kinoheld.de and Edit. Org and Comandia.com.

AndreMünnich | CFO

Andre serves as the chief financial officer of Gambio Holding. He is responsible for overall financial performance and investor relations as well as cash management. He is responsible for the accounting, taxation and auditing work of the Group.

Gambio André is the co-founder and CEO of fayteq AG, a German technology company that sold it to facebook Inc. in 2017. As CEO of Rapid Venture Accounting André, he has participated in numerous IPOs, business consolidations and IFRS reports. André also worked in the banking department of Dresdner Bank AG. André holds a Master of Business Administration degree from Ilmenau University of Technology.

Emrah Hizarci | CTO

Mr. HIzarci is one of the leading e-commerce technicians in Europe. They have established several e-commerce frameworks and have completed an annual turnover of 1.5 billion euros.

Currently, he is a partner of INCUBOUT, a technology incubator and framework manufacturer. Mr. Hizarci is a SaaS-based software framework Comandia (www.comandia.com), Chief Architect of Shopator (www.shopator.com) and Yeebah (www.yeebah.com); they together support more than 22,000 online stores. He holds a bachelor's degree in computer science from Marmara University.

Katalin Tischhauser | TOKENVISION CEO

Katalin has a 20-year career in investment banking and worked at Goldman Sachs and Citigroup SBC Warburg. Ms. Tischhauser is a director of Monetas AG and the chief executive of Token Vision, a Swiss consultancy specializing in blockchain technology and encryption assets. She has more than two decades of experience helping startup companies grow properly. Katalin is a mathematician, an economist and a Harvard MBA.

Eric G. Sarasin | Private Equity Investors

Eric has more than 30 years of professional banking experience working for Bank J. Safra Sarasin, Citi and Pictet. He holds multiple directorships in the ATAG family office and is an active private equity investor. Prior to 2014, Eric served as chairman of the Derrid Chamber of Commerce for 12 years. In addition, he also supports many charitable foundations in Switzerland and abroad.

Frank Bodin | Former Havas Chairman And Chief Executive Officer

Frank was until recently Chairman and Chief Executive Officer of Havas, Switzerland, and Chairman of the Havas Global Initiative. He is president of Swiss ADC and member of the Swiss Communications Board (ks / cs). He has won numerous awards and is an annual advertising client. Mr. Bodin studied music at the Zurich Conservatory of Music and Law at the University of Zurich.

Token

Project Name: GAMB

Token symbol: GMB

Website: https://gamb.io/

White Paper: https://gamb.io/files/gamb-whitepaper.pdf

Total tokens: 5,000,000,000 GMB

Total sales: 35%

Conversion Rate: 1 GMB = 0.0002 ETH (1 ETH=5000 GMB)

Maximum market value: $30,000,000

ERC20: Yes

Pre-sale date: June 15, 2018

Public date: July 1, 2018

Summary

Due to the current scale of development of the Internet giant, GAMB will face very large market competition within the expected future. Therefore, how to formulate a strategy for the global market is crucial. Through token incentive system and equity, market autonomy is a Very bold ideas also require a lot of effort. I hope to see the GAMB team update more relevant information later.