Galaxy-eSolutions — Token Offering and Returns

rondenk (9)in #ico • 7 years ago

GES Token Offering and Returns

Token Offering

Token symbol: GES
Token Usage: Tokens can be used in ecosystem for services and products.
Token users receive a 5% token-back reward on purchases at the end of every month.
Maximum supply: 300M with unsold tokens burned.
Token Price: 1ETH = 10,000 GES Tokens (0.0001 ETH per token).
Minimum Purchase: .1 ETH
Hardcap: 20,000 ETH

Special Notes on the GES Token:

Market Buyback: 20% quarterly profit used on quarterly buyback with 50% burned.
Token Value Protection: Galaxy eSolutions to buy back in stages as long as market price falls below list price.

Offer Schedule

ICO: 28th February 2018 to 31st March 2018

ICO Bonus Structure

0.1 to 49 ETH = 20% bonus
50 to 99 ETH = 25% bonus
100 to 249 ETH = 30% bonus
250 to 499 ETH = 35% bonus
500 to 999 ETH = 40% bonus
1000 to 2499 ETH = 45% bonus
2500 ETH and above = 50% bonus
Additional bonus: if you contribute to both Galaxy eSolutions and Sharder ICOs, you will receive a 5% token bonus on your contribution from both parties.

Please note that figures for the bonuses will be rounded down.

Token Distribution

GES Token and Value Model

The GES token is exciting not only in that it can be used on the Galaxy eSolutions marketplace, but also because of the buyback and burn model employed in conjunction with a very generous value protection mechanism. Just another way Galaxy eSolutions can say thank you to our supporters!

Token Utility

GES tokens will have the following usages in the ecosystem:

For listings services (applicable on suppliers).
Upgraded services, such as accreditation of verified and /or featured suppliers.
For Galaxy eSolutions services such as product refurbishment & inspection services (on goods quality).
To act as ship-on-hold logistic centre (giving greater peace of mind on trading than smart contracts).
GES tokens can be used on Galaxy eSolutions’ sites for purchases. The redeem value of each GES token in the marketplace will be current token market price (according to coinmarketcap.com).

Note: a 5% token-back reward on purchases will be issued at the end of each month.

Market Buyback and Burn Model

20% (for total) of Galaxy eSolutions’ quarterly profits will be used to buy back GES issued tokens from the market and ‘burn’ at least 50% of them.

Galaxy eSolutions offers a Buyback and Burn value disbursement method, which is both efficient and transparent, and which will not be considered as securities according to regulators, thereby not subject itself to government interference.

Galaxy eSolution will systematically buy GES Tokens on exchanges and “Burn” them. “Burn” means that purchased tokens will be taken off the market permanently, resulting in a decreased total number of GES Tokens, thereby increasing the value of remaining GES Tokens over time.

Terms and Conditions

If not all tokens are fully allotted in the crowdsale/ICO, then the 20% profit allocation will be on pro rata basis, using the following formula: [Allotted Number of Tokens / Number of Initially Issued Tokens x 20% of annual profit]
Numbers will be audited annually as required by Hong Kong Tax Authority
Galaxy eSolutions will commit to continue buyback GES tokens with allocated profits up to 15 years.

Year 1 to Year 10 (from April 1st 2018 to March 31st 2028): 20% of GES overall after tax profit will be used to buy back GES tokens from the market.

Year 11 to year 15 (from 2028 to 2032): [total tokens in market/total tokens issued x 20% of profit] will be used for market buyback.

Buyback will take place between June to Sept every year (Remark: Hong Kong Financial Year End is 31st March).
Buyback price will be based on last 30 days weighted price to prevent possible market/price manipulations.
GES will burn at least 50% of the bought back tokens from the market so that the token supply on market will be reduced and when profits increase, holders will rewarded.

GES Value Protection Mechanism

Galaxy eSolutions will commit to redeem/buyback its tokens as long as prices fall below its average ICO price (based on USD/USDT). This is regardless of profitability and we commit to eventually buy up all tokens as long as prices fall below ICO averaged USD price, to give our backers the value protection guarantee to illustrate our confidence in our project.

Terms and Conditions

This is regardless of profitability and we commit to eventually buy up all tokens as long as prices fall below ICO averaged USD price, to give our backers the value protection guarantee that illustrates our confidence in our project.
This means that we actually provide you a safety net such that you can only look forward to gains and upsides.

This Redemption Program will be based on the following quarterly schedule:

Each Quarter of 2018 and 2019: 5% of sold GES Tokens (buy back as long as price below ICO USD price).
Total: up to 20% max in 2018 and 20% max in 2019 Respectively.
Each Quarter in 2020 and 2021: 7.5% of sold GES Tokens.
Total: Up to 30% max in 2020 and 30% max in 2021.
Year 2022: We will redeem all sold tokens within this year as long as the prices are below ICO average USD price.

Planned Use of Funds

Funding will allow Galaxy eSolutions to quickly duplicate its current strategy, scale up in both existing and new country markets, supply inventory to meet high demands, and develop its decentralized marketplace capabilities.

Inventory: 35%
Working Capita: 15%
System and Blockchain Development: 20%
Overseas Fulfillment Centre: 10%
System and Site Development: 5%
O2O Development: 5%
Social Marketing and Branding: 5%
App Development: 2%
Corporate Development: 1.5%
Talent Acquisition: 1.5%

Returns Analysis

The illustration below is isolated and does not take into account the GES token usage effect within the Galaxy eSolutions ecosystem, which could add a multiplier effect to the token price.

Remarks: Projected average ROI for overall GES Token purchasers over a full period of five years. Actual returns will be subject to market behaviour and conditions.

Remarks: Projected average ROI for overall GES Token purchasers over a full period of ten years. Actual returns will be subject to market behaviour and conditions

Jan 2018 Note: Galaxy eSolutions has now introduced more token usage which will boost the token potential value. On top of that, we have a price protection mechanism introduced that when market price falls below listed price, we will conduct a market buy back on GES tokens. As such, projection returns described above may not reflect the entire scenarios.

Key Assumptions and Findings

ROI is based on averaged returns for all GES Token purchasers.
Over a 5 year period, GES Token purchasers could expect a 428% return on their investment on average.
Over a 10 year period, GES Token purchasers could expect a 2214% return on their investment on average.
Actual returns will depend on actual company performances, market sentiments, time of selling, business cycles, macroeconomic factors as well as demand and supply of the tokens. Galaxy eSolutions has no guarantee on its financial performance and its realisation of profits.
As GES Tokens work on a Market Buyback and Burn Model, as long as business is on track, GES Tokens held longer are more likely to reach higher price. GES Tokens bought back are ‘burned’, causing a reduction of token supply.
GES token usage effect within the Galaxy eSolutions ecosystem could add a multiplier effect to the token price.

Corporate Governance

Audit Requirement

All Hong Kong entities are required by law to submit their audited financial statements to the Inland Revenue Department every year. Any non-compliance will result in serious consequences imposed by government.

eCommerce Transparency

eCommerce business has no cash payments/transactions and hence all data are real and actual data.

Legality Issues

The terms and conditions, as well as the Galaxy eSolutions business deck, has been checked for compliance by our legal advisor, Mr. Simon Choi, a renowned ICO lawyer who was the Head of Legal in TCL for 10 years.

ICO and Security Issues

Galaxy eSolutions ICO and Web Security has been checked for maximum security by our Blockchain Advisors, MR. Pranav Burnwal and Brennan Bennett.Positioning ourselves as a Green company in the refurbished consumer electronics market, Galaxy eSolutions will operate a hybrid eCommerce ecosystem that utilizes both centralized and decentralized marketplaces. The GES token will serve as a utility token in the Galaxy eSolutions decentralized marketplace and ensure fast, simple and secure e-commerce transactions.