What
is GN Compass
People are getting lost in the current financial
system. Let Great North Compass be your guide to creating value utilizing
blockchain technology.
GN Compass is a lending system where investors and
borrowers can exchange value. To increase the investment market by creating
more liquidity in traditionally non-liquid assets
GN Compass provides Cryptocurrency-Backed Loans ™ to
create constant liquidity in the lending market. This is accomplished by
allowing investors to sell portions of loans in their portfolio. Investors are
not locked in to the term of a loan and can liquidate loans for any reason only
after a certain no-trade time period has been reached. The buying investors
will reap the benefits of the loans being paid back by borrowers while the
selling investor still makes a profit. By using blockchain technology to verify
and distribute all transactions across the Ethereum network, it guarantees
transparency.
With our Cryptocurrency-Backed Loans ™, Compass
offers investors good returns on investment plus added security on all funds
invested.
All loans will be backed by Compass tokens (GNCT).
The tokens will represent the amount invested. This does not include the
potential interest amount the Investors will receive. If Borrowers default on a
loan over a certain period, the tokens will be automatically exchanged and the
fiat currency the Investor originally invested with (e.g. US dollars) will be
deposited into the Investors’ wallet. The Investor can then choose to reinvest
or transfer funds from their wallets back into their bank accounts.
Investors simply sign up and create their profile
and investment portfolio. The investment portfolio page will ask the Investor
about their investment goals such as retirement planning, preferred repayment
cycle (e.g. To have investment re payments deposited to their account on a
certain day per month). This is where they will input the amount they are looking
to invest and the interest rate they are looking to receive plus the length of
time they are looking to invest for. Once the profile is complete and the
Investor is happy with their investment settings, they will then be required to
add their banking information into their secure payment system. From there, the
Investor will be assigned a secure digital wallet attached to their bank
account where all the transfers and payments will be made. The Investor
investments will then be sent to a loan pool to fund loans. When loans are
being repaid the GNCT backing the loans will be adjusted accordingly.
ICO
Detail
Token info
Token : GNCT
Platform : Ethereum
Type : ERC20
Total Tokensale Supply : 100,000,000
Platform : Ethereum
Type : ERC20
Total Tokensale Supply : 100,000,000
TOKEN PRE-SALE ROUNDS:
First Round: January 29
To February 04: Price 1 GNCT = USD $0.14
Second Round: February 05 To February 11: Price 1 GNCT = USD $0.20
Third Round: February 12 To February 28: Price 1 GNCT = USD $0.25
Second Round: February 05 To February 11: Price 1 GNCT = USD $0.20
Third Round: February 12 To February 28: Price 1 GNCT = USD $0.25
MAIN SALE:
MAIN SALE: April 09
2018 - April 30 2018: Price 1 GNCT = USD $0.30
TOKEN ALLOCATION
Total ERC20 tokens created will be 1,000,000,000
GNCT.
ü 20%
Or 200,000,000 GNCT Will Be Reserved For Pre-Sale And ICO (Initial Coin Offering)
Sale.
ü 10%
Or 100,000,000 GNCT Will Be Reserved To Pay Out Bonuses.
ü 60% Will Be Reserved To Back Investor Funds On
The Compass Platform.
ü 10%
Will Be Held In Reserve.
More Informations :
Website: https://www.gncompass.com/
Whitepaper: https://www.gncompass.com/wp-content/uploads/2018/01/GN-Compass-whitepaper.pdf
Facebook : https://www.facebook.com/gncompass/
Twitter : https://twitter.com/GN_Compass
Telegram : https://t.me/joinchat/HCRV1gzp81kwL3OwkHttJw
Whitepaper: https://www.gncompass.com/wp-content/uploads/2018/01/GN-Compass-whitepaper.pdf
Facebook : https://www.facebook.com/gncompass/
Twitter : https://twitter.com/GN_Compass
Telegram : https://t.me/joinchat/HCRV1gzp81kwL3OwkHttJw
My Profil Link : https://bitcointalk.org/index.php?action=profile;u=1529834
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