We at GinGr, a blockchain company that will revolutionize one of the oldest industries in the world, is currently flat out building behind the scenes and we decided to start to show and tell you much more what our talented team have been up to and what lies ahead in the near tech and DeFi future.
Although we’ve recently closed our seed round and managed to achieve targets set out, we are already well ahead of the competitive landscape. We have proudly launched a first fully functional version of our platform, a novel on-demand platform that aims to radically rethink the adult industry — www.gingr.com.
Besides the platform being an easy to use on-demand entertainment platform which connects sex workers, establishments and clients, there is a lot more than meets the eye in terms of our technology infrastructure, and in the below article we will explain a few of our revolutionairy concepts and points to highlight just how unique our team is and why we think we’ll building a game-changing platform.
What future chains are we planning for?
The users of our GinGr production platform need a secure, fast, affordable and scalable platform. Decentralization is also important, we also want to see our vision for the adult industry reflected in technology.
We believe in a multi-chain future. Under the hood, technology should serve the purpose of the platform, certainly not vice versa.
A production blockchain has not yet been chosen, but the technology has. We are resolutely opting for EVM smart contract technology and are currently looking at which future blockchain we will choose for launching our platform into production. Layer 0, heterogeneous multi-chain networks with shared security models are also not excluded. Time will tell.
Our Smart contracting methodology and how we intend to evolve our NFT
We use smart contracts to perpetuate business logic in a transparent, secure, scalable and decentralized way. Since our early versions (2018) of the platform, our architectural model has evolved into a mature decentralized ingenuity in which transactional platforms such as GinGr are optimally supported.
We build on a layered decentralized architecture. We are one of the first projects to break down layer1 into sublayers.
It is technically advanced and not easy to explain; but the bottom line is that we are very thoughtful about our architecture to ensure scalability and transparency. We are quite proud of how ingeniously we were able to get the job done.
DeFi
Our DeFi smart contract is able to receive, lock and split payments depending on the purpose. We built a banking smart contract that combines advanced escrow functionalities with staking and yield farming. What we are most proud of is that this all works without the end user having to do difficult and complex actions. We understand that our users are not techies, DeFi has to work invisibly — and we’ve made that happen.
NFTs
NFT technology is deployed within our ecosystem for multiple purposes. In the adult sex workers platform we will release ‘GinGrs’. These are NFTs that not only look cool, but they also serve a purpose! As the owner of this NFT, you get certain benefits in the platform, ranging from yield farming boosters to exclusive rights in the platform.
Our NFTs have another perk. They are in fact evolutionary; meaning that the image can change over time and grow with our ecosystem. Ownership of the NFT remains, only the visual representation changes over time.
There’s also GinGr.world, our adult metaverse. There, NFTs keep track of construction rights and land in the virtual world. We are also the first metaverse platform where we use the multi-token standard ERC1155 for tracking harvestable assets. We can’t divulge much about it yet, but in the initial launch of the NFTs for the GinGr platform, there will be 80 extremely rare NFTs released that give you rights to harvest special crops in the metaverse.
Are you ready for it? If you like psychedelic mushrooms, we keep our fingers crossed that you can get the rights to pick them!
Staking and Liquidity Pool Dashboards
In our token economic model (tokenomics), we have provided a well-thought-out model in which owners of the utility token of the GinGr ecosystem, GGcoin, and owners of our security token GinGrShare (GSC) can benefit. It is also important to mention that GSC is an approved token by the Swiss regulator FINMA, we are also pioneers in this, proving how serious we are and committed to achieving our mission and objectives.
We don’t like complex explanations; so we put it straight and simple. If you have GGC in your GinGr decentralized bank account, you will be allocated GSC; and this for every new block that the blockchain network creates. GSC then gives you a share of the turnover, for every transaction, for every movement in the platform that GGC is involved in. We are proud to say that users of our platform share in the growth of it and in the success of radically disrupting the adult industry. Our vision is that sharing success with those that power the ecosystem is essential.
DID or Decentralized Identifiers
We use W3C decentralized identifiers and verifiable claims to establish Self-Sovereign Identity for our users and anyone interacting with our ecosystem.
An identity management system where organizations store the minimum necessary personal data of their users means less personal data management and less bureaucracy. Reducing data management costs and increasing the efficiency of identification processes.
https://www.w3.org/TR/did-core/
What the tech roadmap looks like a little bit further down the line (we will be updating this over the next few days)
Why we decided to launch our token on BNB Smart Chain (BSC)
BNB Chain’s mission is to power the world’s parallel virtual ecosystem, and that is the reason why GinGr decided to introduce their token to the public on top of that infrastructure.
Open and widespread used
The fact that we are launching on this network ensures that our token is easy to obtain and widely accessible.
Affordable
The network is cheap to use, a transaction is very affordable. This way anyone can send the token without having to worry about transaction costs. Well done!
We are not tied to BSC
BSC is a network that understands Ethereum smart contracts (EVM compatible), so despite the fact that we program on Solidity Ethereum, our code works 100% on the BSC network. A guarantee for the future, the token can easily be transferred to other blockchains.
Hubs (bridges) to multi-chains
Just about every blockchain ecosystem has a bridge to BSC, a guarantee for the future.
Permissionless
We like to do things without having to ask. The BSC blockchain is permissionless, free to come and free to move.
Forever Decentralized
A perfect story for a decentralized token and a platform like GinGr.
Closing Notes from our CTO
I’m blockdoc, CTO of the GinGr platform and GinGr.world metaverse. When I was introduced to this project I was like — seriously — flabbergasted by its relevance. That’s why I committed to this and seriously took the responsibility of CTO with both hands.
I believe that crypto and decentralized ecosystems are the lever for the technology of tomorrow. We are going to disrupt radically — and I am delighted to share technical concepts with you here.
PRIVATE SALE
The private sale is ongoing, if you are interested in participating, please read attached documents and find more information on the official website.
If you wish to invest, please fill out the “Private Sale Form”
WEBSITES
DOCUMENTS
Token Economics (Tokenomics) & Token Design
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