IP2PGO or GO token is a community token for members of iP2PGO platform.
In a Co-operative (“Co-op”), members earn a share of the co-op income by participating and supporting the co-op business, therefore as the co-op prosper the members will prosper too by earning larger income.
This concept is similar to our community token concept. The more support iP2PGO received from its members to grow the platform transaction volume, the more prosperous our members will be by getting higher amount of income from their GO token holdings. This will also make the GO token more valuable.
I) Owners of GO tokens can used it to pay the platform transaction fee at a discounted rate (10% discount).
II) Owners of GO token are also entitled to enter the iP2PGO Net Revenue Sharing program whereby 30% share of the NET revenue earned by IP2PGO will be calculated and distributed on daily basis to owners of GO token on that particular day.
III) Owners of GO token can make suggestion and vote for any ERC20 token to be listed in the iP2PGO platform.
Users can purchase GO token from the iP2PGO App by using their cash or TUSD, or users can participate in iP2PGO promotional program whereby on completion of the tasks required under the promotion, the User will be rewarded with GO tokens.
This is NOT an ICO. The GO token is not intended to raise funds to develop iP2PGO. The iP2PGO App development was fully funded by iP2P Global Ltd., and at the time of this Term Sheet (15th December 2018), the iP2PGO App has already been launched in Australia, China, Indonesia, Malaysia, Vietnam, Nigeria, Ghana, South Africa & Tanzania.
NO, iP2P Global Ltd. does not have any intention to list and will not list GO token in any exchange. The GO token can only be purchased or sold exclusively through the iP2PGO App.
I) IP2PGO token formal termsheet
II) IP2PGO (‘GO’) token and iP2PGO Net Revenue Sharing Program terms and conditions.