Blog mania BTC: GoNetwork. Bounty Campaign

Just 15 years ago it was difficult to imagine that almost every person in the world will have a mobile phone and that it wouldn't be a luxury or a rare phenomenon but an integral part of life.

The mobile phone provides a huge amount of functions that make life easier and much more comfortable and pleasant: these are calls to relatives and friends who are far away from you, mobile calls at work and international communication; watching a video and listening to your favorite music; possibility to imprint important happening, events, places, and people on the mobile camera. And many other useful activities whether it's reading books or cooking with the help of stored culinary recipes, a calendar, reminders, notes. And all this is always at hand.

Spending a lot of time in front of the screen of a mobile phone one can't help mentioning also games and applications which occupy a significant part of this time. On this issue, various studies and surveys were conducted and it was found that most of the time during the day mobile phone owners use just applications.

The mobile application market is expanding day by day and is not going to stop there. A huge number of different applications bring enormous profit to developers and they, in turn, offer more interesting and useful solutions for users and apply new methods of monetization to attract customers. For example, in order to avoid manipulation and fraud, more applications are built on the basis of blockchain technologies. But in this case, there is a certain number of problems which is due to the insufficiently large bandwidth of transactions which leads to delays as well as the high cost of this transactions.

The GoNetwork team is currently working on this issue. They create the first budgetary and highly scalable mobile infrastructure based on Ethereum. GoNetwork aims to build a high-performance, inexpensive and low-cost network for mobile transactions outside the network.

The main objective of GoNetwork is to create the world's first decentralized GoExchange platform for trading virtual goods by moving them to the blockchain. This platform provides users unimpeded trade and purchase of virtual world goods not only locally within the same application but also in gaming ecosystems and between users.

To achieve the objectives set and the introduction of cryptocurrency into the masses need the following:

Highly scalable infrastructure for carrying out more transactions per second.
Exploitation GoNetwork as a source of reliable use and an introduction of GoExchange in all Infinidy games and the dubsquad.me application as an indicator of the infrastructure potential.
Development of a Pocket for entering the commercial market.

By the way, the idea of this product is brought victory GoNetwork team at ETHWaterloo - the world's largest Ethereum Hackathon.

Trade and exchange of these goods will be possible with the use of GoTokens (GOT).

GoToken is a cryptocurrency that will be used by games and applications and as payment for transactions. GoToken can be bought for a fiat currency or bought from your wallet Ethereum. Token can also be obtained by participating in a bounty campaign which will be described below.

So, what are the benefits of GoExchange for users:

The time that the user will spend in the application will correspond to the real value;
All purchased assets can be guaranteed used in the application. They can also be moved or write-off if the application is no longer supported;
Purchases in applications are paid by cryptocurrency simply and understandably.

For developers:

Monetization comes from the primary and secondary markets so the increase in LTV of the virtual asset will be no less than 10%;
The game time will increase which will lead to an increase in revenue;
Due to the retention of virtual assets and the life cycle fine grain is monitored;
Refusal from monopoly due to the ability to track the distribution of virtual assets among the user base;
Fee for unpaid transactions of 1.5% and direct payment.