Gilgamesh Platform Token Sale is LIVE
What is Gilgamesh Platform?
At its core, Gilgamesh is a self-governing, knowledge-sharing social network platform powered by Ethereum smart contracts, IPFS and blockchain technology to create a secure, fair, and engaging ecosystem that connects readers, critics, authors, and self-publishing service providers to influence the book industry and remove the role of publishers as the middleman between the flow of knowledge from authors to readers.
What problem does the Gilgamesh Platform solve?
There is a gap in the market for a cohesive knowledge-sharing platform that enables book readers and authors to connect and engage with one another. The Gilgamesh Platform will enable readers to not only socialize and explore, but also to find, review, and purchase books. It simplifies the process of sharing and gaining knowledge.
Authors benefit from a relationship with their readers by gaining constructive feedback while simultaneously encouraging a discourse and cultivating a love of learning.
Service providers need advertisement space that reach authors so they can make self-publishing an affordable, reliable form of publication.
Publishers limit the interactions between readers, authors, critics, and self-publishing service providers. The Gilgamesh Platform removes the communication barriers established by eliminating the publisher as a middleman. As a result, the platform gives readers, critics, and authors an opportunity to control the book market.
Authors can break free of a monopolizing business partner (publishers) and gain full control of their work.
Why they use blockchain technologies?
For decades authors had to work with their business partners (publishers) to publish and distribute books. Publishers are nothing more than a middleman that overcomplicates the process, infringes on authors’ rights, and takes advantage of the power they hold in the market.
A “standard” book contract does the following:
Gives the publisher the right to the manuscript, whether published or not.
Publishers can negotiate discounts on the cover price without the approval of the author, but the author’s royalty will be cut
Publisher can settle lawsuits on behalf of the author but often charge the author for the settlement fee.
It is time to solve this problem and help authors to take full ownership of their work. IPFS is peer to peer hypermedia protocol and a cryptographic hash that will be used to store critical information such as book files and user information, IPFS is a great match for blockchain based software, we can store large amount of data with IPFS and insert immutable IPFS link into the blockchain transactions or smart contract, this can secure and timestamp our content without having to put the data on the blockchain.
Ethereum smart contract will be used to create ERC20 standard token, GIL token allows holders to stake their tokens to vote on new features or changes to the platform.
Ethereum smart contracts, IPFS, and blockchain technologies creates a transparent, censorship-free and secure ecosystem for the book market.
Gilgamesh Token Sale is already opened to the public from Jan 15th, 2018 4:00 PM (16:00) UTC and will run for 10 weeks until March 26th, 2018 4:00 PM (16:00) UTC
Note: the above dates are all approximates since the time will be calculated through block numbers on the Ethereum blockchain.
Prepare for the Token Sale by doing the following:
1. Visit Gilgamesh Platform Official Website and signup to their newsletter.
2. Visit Gilgamesh Platform Official Website and register
3. Open your mailbox and verify your email address
(in case you don’t see it — please check your spam folder)
Token Distribution Details
1. Total tokens for sale: 60,000,000 GIL Tokens
2. Start block: will be announced a day before the token sale
3. End block: will be announced a day before the token sale
4. Estimated start date: Jan 15th, 2018 4:00 PM (16:00) UTC
5. Estimated end date: March 26th, 2018 4:00 PM (16:00) UTC
6. Duration: 70 Days — 10 Weeks
7. Token exchange rate: will be announced a day before the token sale
8. Hard cap: Approximate $60M
9. Total tokens for sale: 60 Million GIL Tokens
10. Minimum transaction amount: 0.1 ETH
11. Accepted currencies: Only ETH
12. Github Link: https://github.com/skiral/gilgamesh-token-contract
13. Token Type: ERC20 Standard
14. Soft Cap: To be Announced
Participants who purchase GIL tokens in the first weeks receive additional 27% bonus tokens
Bonuses
Week 1: 27% additional
Week 2: 24% additional
Week 3: 21% additional
Week 4: 18% additional
Week 5: 15% additional
Week 6: 12% additional
Week 7: 9% additional
Week 8: 6% additional
Week 9: 3% additional
Week 10: No Bonus
When will Token Sale End?
The token sale will end when either one of the following occurs:
1- 60 Million GIL tokens have been minted and sold to token purchasers.
2- Hard Cap has been reached. Approximately $60M
3- 70 days has been passed.
KYC — Know Your Customer
KYC is the process of a business identifying and verifying the identity of its clients.
During the Token Sale, All Token Purchasers are required to fill the KYC form and accept the token purchase agreement.
ALL TOKEN PURCHASERS MUST PASS KYC (“KNOW YOUR CUSTOMER”) VERIFICATION, IN ORDER TO RECEIVE “GIL” TOKENS.
Restricted Countries
Citizens of China, South Korea or countries and territories where transactions in respect of, or with use of, digital tokens fall under the restrictive regulations are not allowed to participate on Gilgamesh Platform Token Sale, more info will be announced soon.
Legal Considerations
GIL Tokens are non-refundable utility tokens on the Gilgamesh Platform. The GIL Token is not guaranteed to hold any inherent or future value. GIL token holders do not represent any value or position in Skiral, Inc. company. GIL tokens are not securities and there is no promise whatsoever that GIL token will hold any particular value. GIL tokens should not be used for investment purposes.
The Gilgamesh Platform Roadmap you can see below:
For to learn more?
For to join the Gilgamesh Community