Gold Reward ICO Review

in #gold7 years ago

Gold Reward - reward everything.
There's another lending platform with an ICO. Their sale is set to start on the 13th of October.
https://goldreward.io/join/alele

What is Gold Reward (GRX)?

Just like bitconnect and more recently regalcoin, the new platform offers lending and is offering users a huge interest rate of up to 35% per month. They make money by trading bitcoin and other altcoins which allows them to pay such a high rate of interest on any money that is sent to them.
The new platform has 3 main functions- a cryptocurrency coin that can be sent as payment or gifted to friends like with bitcoin and other popular coins, a gamification technology and fuel for an intelligent analytics engine.

Reward your application users, members, loyal customers, tournament participants and staff with a token that has an infinitely increasing value while we provide you with intelligent user and competitor tailored analytics for better business.

How does it work?

GRX serves three main functions - a high value reward coin; a gamification technology and fuel for an intelligent analytics engine.
The future we see is one in which GRX drive most mobile device assisted consumer centered systems like travel, games, sports, health etc

Once their ICO is finished the new lending platform will go live. To set up a loan all you need to do is log on to the platform, deposit Bitcoin or Ethereum into your account and exchange it for the new GRX token.

Earn up to 45% ROI monthly from lending GRX Tokens

Referral Program

As with most of these lending platforms they attract new customers by using a referral program. The Gold Reward program offers an attractive referral rate of 5%. Down lines are capped at a max of $200. This actually makes it sound more realistic than some of the other platforms available.
You can get started with my referral link to get a 10% bonus:
https://goldreward.io/join/alele

Roadmap

February 2017: The new GOLD reward token was first developed.
March 2017: Their new trading bot was launched, they've since tested it for 6 months.
March 2017: The new gamifaction API was designed.
April 2017: The new platform initiated partnerships with mobile app developers.
May 2017: The staking and lending platform was designed.
October 2017: The pre sale and ICO is set to go live.
November/December 2017: Begin trading on GRX platform
...
See more on website.

Gold Reward ICO details

GRX is a multipurpose cryptocurrency based on the Ethereum blockchain framework. It is ERC20 compliant and compatible with existing ERC20 wallets. Essentially GRX will be used in fulfilling any form of reward including but not limited to gamification of mobile applications, staking and lending. It is community driven and will allow easy and seamless transfer of value between users. It is tradeable with other cryptocurrencies on digital exchanges.

ICO-Schedule.png

Specifications
Token Name: GOLD Reward Token
Abbreviation: GRX
Available Token Supply: 20,000,000GRX
Available Token for ICO: 17,500,000GRX (87.5% of Total Supply)

Token Distribution during ICO
Pre-Sale: 5,000,000GRX (4,500,000 + 10% in bonuses)
ICO Round 1: 4,500,000GRX (4,050,000 + 10% in bonuses)
ICO Round 2: 4,000,000GRX (3,700,000 + 7.5% in bonuses)
ICO Round 3: 4,000,000GRX (3,760,000 + 6% in bonuses)

12.5% of total GRX tokens have been offered to strategic investors and partners. This enabled the GRX project to kick-off and provides funding for advertisement and campaign. GRX Tokens held by strategic investors are frozen until 6 months after Crowd sale has ended.

All leftover tokens will be burnt after the Crowd sale except otherwise decided by the community. We are very optimistic there will be no leftovers.

Conclusion

If you missed out on the ICO of other lending platforms this new sale is your chance. Bitconnect has risen to over $100 per token and Regalcoin is fast catching up with a price now over $25 per coin.
The lending platform offers a high rate of interest that is sure to attract many investors.
Sign up with my referral link to receive a bonus:
https://goldreward.io/join/alele

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