TWO GAP| THRIVING THE CRYPTOCURRENCY MARKET WITH CRYPTOBONDS: REVIEW
The cryptocurrency market is replete with good projects with known real life application and use cases. In the midst of these good projects are scam projects with no real intentions of advancing the project. These projects cause investors to lose money as they sometimes get delisted from exchanges or simply disappear because they have exited scammed the market. This has caused a lot of investors to lose confidence in the industry and potential investors whose monies are need to build the market and increase the market capitalization, simply stay away for fear of losing their investments.
The Solution
To restore confidence in the cryptocurrency market, TwoGap Crypto Platform was formed to give Crypto Investors the opportunity to acquire powerful and large-scale stop-loss products. This stop loss product referred to as CryptoBond TwoGap platform will help the issuer to encrypt traditional Bonds into CryptoBonds, which are circulated legal in the Crypto Market. Twogap platform will also protect investors, give the market a boost, and to a large extent become the backbone of the Global Crypto Market’s sustainable growth. The Twogap platform is named after the two-gap model published by Hollis Chenery in 1962 which posits that “if the investment required for growth is a fixed rate, investment deficits would be the main constraint on growth.”**
The crypto market is replete with diverse people, those who have seen outrageous and unbelievable profits, and those who have been ‘rekt’ (slang in the crypto world for being in huge losses). These guys panic a great deal when the market dumps momentarily, their heart sink for fear of losing their investments.
TwoGap’s unique value proposition therefore, is providing an effective stop loss tool that is effective and powerful enough to protect user wallets whenever the market dumps dramatically.
TwoGap Market Segment/Channels
Target customer: Crypto investors
Partnership channels:
- Businesses of diplomatic mission
- International business association
- Chambers of commerce
- Non-governmental organizations
- Global rating agencies
- Big Four and other audit firms
Marketing channels
- Mutual funds, hedge funds, traditional ETF funds
- Traditional brokers and dealers
- Crypto exchange
- Crypto funds
TwoGap Competitors
Currently on most centralized exchanges, there are USDT trade pairs. These stable coins are safe haven for situations when the market is dumping. Also available is True USD which is also a type of stable coin. However, these coins do not appreciate in value once traders switch to them in a dumping market. There are no interests for hodling them either.
Both stable coins are backed by dollars and such, their supply is limited due to the fact that there isn’t enough dollars in the bank, thus an investor may not have sufficient stable coins for a billion dollar investment.
TwoGap’s Cryptobond is therefore the solution as they are backed by bonds and their issuance is unlimited.
Revenue Model
Since TwoGap is not a charitable organization, they have devised the means to generate revenue to keep the platform up and running. Their revenue model as enshrined in their whitepaper are as follows;
- Crypto Bonds issuance & trading fee
- Interest rate difference for CryptoBond as Dealer - Bid - ask spread
- Value growth of TGT Tokens to the pool of reserves
TwoGap Token Matrix/Distribution
According to their whitepaper, TGT Tokens are not security tokens. They are utility tokens, and they will be utilized to unlock services and transactions on the Twogap platform, so they are utility tokens. They are not under the jurisdiction of the SEC. Most tokens of competitors are security tokens, so they may face strict monitoring by SEC and have ensure compliance.
• The TwoGap platform is Etheruem blockchain based
• TGT token - ERC20
• 0x protocol. In 0x protocol, orders will be transported off -chain, thus massively reducing gas costs and eliminating
blockchain bloats. Relayers will help broadcast orders and collect a fee each time they facilitate a trade.
• Off - chain order relay
• On - chain settlement
Distribution
• Maximum 210,000,000,000 TGT token will be issued
• 33% for ICO privatesale and crowdsale
• 33% reserve for minting (incentive mechanism motivates all parties involved in TGT tokens Economics) 33% for ICO
+ 33% for incentive mechanism = 66% belong to community
• 4% for Bounty
• 15% for R&D
• 15% for team and advisors
TwoGap Roadmap
ICO Details
The private sale has been scheduled for 31st August to 10th September while the public crowdsale has been scheduled for 30th September to 30th October, 2018.
- Goal of funding (Soft cap): 10,000,000 USD
- Goal of funding (Hard cap): 30,000,000 USD
- Tokens for sale: 210.000.000.000 TGT
- Token price: 1 TGT = 0.001 USD
- Minimum purchase: 50 TGT
Team Composition
I think this team is well capable of pulling this off. It is without doubt, an All-Star team. This 15-man team is a mix of experts with strong ties across the IT, Finance, law and blockchain industries.
All the members are equally as impressive with a wealth of experience, Please check out a link to the whitepaper below, where you can read about the team. It is my opinion that this team has an all-star status, and they will make this vision a reality.
TwoGap Advisors
A great team need the guidance and expertise of advisors on the project who are ready to bring their wealth of experience to the table. The TwoGap team are being advised by a very impressive 6-man board of advisors, who are equally very distinguished in their various areas of expertise.
TwoGap Partners/Sponsors
Conclusion
Twogap is the next generation of Cryptobond platform. Their focus especially on the Cryptobond market, where its market size now is over $100 trillion makes the project very ambitious. The CryptoBonds market also will be a reliable crypto market where investors who have lost their confidence in the crypto market can put the trust in. This for me is the kind of projects that I look out for as an investor, that with high use case and good value proposition
Important links:
Website: https://twogap.com
Whitepaper: https://twogap.com/whitepaper.pdf
Telegram Group: https://t.me/twogap
Twitter: https://twitter.com/twogap_official
Facebook: https://www.facebook.com/twogapofficial/
ANN: https://bitcointalk.org/index.php?topic=4872930.0
Bounty: https://bitcointalk.org/index.php?topic=4894916
Disclaimer: Please note that all information on this piece is made for educational purposes only and do not constitute any investment advice. Do not invest in any ICO unless you’re confident about its capabilities and do so at your own risk.
Writer Profile: https://bitcointalk.org/index.php?action=profile;u=2186906
This is a very nice innovation and brilliant idea on the blockchain
Sure it is.
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This seems like a great investment platform for crytpocurrencies. Good analysis.
It's definitely an awesome investment platform
This seems like a brilliant idea, and very well written piece my friend . Keep up the good work
Thanks a lot