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GoNetwork

GoNetwork GOT Price N/A

5 Watchlists

Blockchain Service

GOT Price

N/A

General Info

Contracts/Explorers:

Explorers

Tags (Sub-Categories):

#Inactive

Description

A highly scalable, low cost mobile first network infrastructure for Ethereum.

GoNetwork (GOT) Chart

The GoNetwork to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

ICO

11 Jun — 25 Jun 2018

Raised

$ 46.79M

Price:

$ 0.940

Platform:

N/A

ATH ROI:

2.15x  +115%

Additional Data

ATH Market Cap

$ 74.77M

Total Supply

GOT 100,000,000

Listing Date

5 Jul 2018

ICO Price

$ 0.940

25 Jun 2018

ICO ROI

100%

0.00x

All Time High

$ 2.02

6 Jul 2018


All Time Low

$ 0.0004

13 Feb 2021

GoNetwork Price Analysis

What is GoNetwork (GOT)?

GoNetwork aims to solve the problem of scaling in the Ethereum network.

It’s a low cost, low latency scalable network for the Ethereum network, essentially setting out to to do for Ethereum what the Lightning Network aims to do for Bitcoin.
GoNetwork is designed for the trillion dollar mobile economy and commerce market.

Its main objective is to build a mobile network for Ethereum ERC20 tokens that’s off chain.

State channels amortize the cost of transactions based on the number of off-chain transactions completed off-chain. In typical high-frequency workflows, the cost of transactions will be several orders of magnitude lower than running the transactions on Ethereum directly.

A major concern with blockchain technology centers on speed and high cost of transactions. Transactions on blockchains like bitcoin are expensive and slow. With growing usage, Ethereum will fare no differently over time. GoNetworks solution solves this problem by allowing off-chain transactions.

GoNetwork has employed a highly skilled team of advisors including Jeff Morris, Tess Hau, Nenone Donaldson, Ian Balina, David Debono, Laurent Bernadin and Paul Allamby.

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