Hello Steemians,
I wanted to share some information about the Gold Reward(GRX) ICO while its still in Pre-Sale and why I feel it has strong potential for success.
The fact is there are many lending platform coins coming out lately and its good to be skeptical and do extensive research before investing. There are a few things that I feel makes Gold Reward stand out from the rest. GRX is not just a lending platform but its also a multipurpose cryptocurrency integrated on the Ethereum blockchain framework. This alone makes it stand out and shows it has the ability to expand and grow especially as GRX will also have use cases based around Gamification.
According to the Gold Rewards website.
"GRX serves three main functions - a high value reward coin; a gamification technology and fuel for an intelligent analytics engine.
The future we see is one in which GRX drive most mobile device assisted consumer centered systems like travel, games, sports, health etc."
The fact GRX is also based on the Ethereum Blockchain framework is a positive sign as you can immediately hold your coins on a wallet with your own private keys. This definitely gives it more credibility. Below I wanted to share the GRX Token details.
A few things that stood out to me about researching into GRX besides the 35% lending platform and multi-use cases.
There is a maximum of 500 GRX tokens a person can purchase per day. I feel this is a great idea to stop whales and hoarders from dumping the coin and allows everyone a chance to purchase a solid amount during the pre sale and ICO.
Another positive is "GRX Tokens held by strategic investors are frozen until 6 months after Crowd sale has ended."
I feel this will help with the keeping the price stable and from dumping once it hits the exchange.This is also extremely positive for the price of the GRX token. "All leftover tokens will be burnt after the Crowd sale except otherwise decided by the community. We are very optimistic there will be no leftovers."
Opportunity to make passive income from staking simply by holding tokens in wallet and referrals.
Another thing I look for in a coin or token is the circulation supply. GRX has a very low circulation supply compared to most coins which gives it strong potential to increase in price quickly with demand. Specifications listed below.
Token Name: GOLD Reward Token
Abbreviation: GRX
Available Token Supply: 20,000,000GRX
Available Token for ICO: 17,500,000GRX (87.5% of Total Supply)
As many of us know ICOs do have their risks so never invest more than you can afford to lose. I personally feel confident with Gold Rewards and their concept so I purchased 1,000 since the pre sale began. After purchasing and following the directions from their website the GRX tokens show up in myetherwallet. The current Price is 0.46 cents during pre-sale during the 10% bonus. For those interested in purchasing GRX during their 10% BONUS use this link to join. https://goldreward.io/join/stacking9mm
Also Follow me on my New Youtube channel where I cover more information about Gold Reward and other crypto currencies.
For those interested in purchasing GRX during their 10% BONUS PRE-SALE use this link to join. https://goldreward.io/join/stacking9mm
Thanks for reading and Good Luck to you all.