A Brief Overview of Geeq’s Tokenomics
Geeq introduces an original algorithmic monetary policy (AMP) for a stabilized-token, the Geeq. The primary purpose of the Geeq is to pay the network of nodes that support multiple, interoperable, instances of GeeqChains for their validation and virtual machine services.
True stable-coins have an obvious downside from the standpoint of platform builders. Namely, if 100% of token sale revenue is kept in reserve to guarantee the value of the stable-coin, nothing is left over for platform development.
On the other hand, rapid and dramatic fluctuations in the value of BTC, ETH and other cryptocurrencies are frequently the result of speculation and have little relation to the value of the underlying platforms. These fluctuations nevertheless undermine confidence in the platforms and their technology. Rational users naturally insist on a premium to buy and hold such risky assets, which further suppresses their values. To make matters worse, both positive and negative price swings can be driven by relatively small trading volumes and can take on a life of their own once they start. None of this is good for investors, platforms, application developers, validating nodes, users, or the DLT space in general.
The intention of Geeq’s monetary policy is to tie token value more closely to its use on the platform and the value of the services built by developers within the Geeqosystem. Limiting the impact of speculators and dampening the impact of fear, uncertainty, and doubt, creates a more predictable and stable environment to support and sustain adoption and usage for all of Geeq’s platform participants.
Geeq’s monetary policy is pre-funded, transparent, and is designed to smooth the volatility and reduce uncertainty. The policy does not, in and of itself, determine the Geeq’s market price. Instead, AMP stands ready with a set of known bids and asks that all platform users can take into account when planning and conducting their business.
To learn more about AMP, please read the Explainer here. If you would like a more mathematical presentation, please download the .pdf of the Technical Paper, which includes the mathematical appendices.
Private Sale for Accredited Investors*
This document does not constitute a solicitation or offer to buy or sell any security or any token in Geeq Corporation and cannot be relied upon for making an investment decision. This document has been prepared and circulated for informational purposes only and is not intended to provide investment, legal, accounting or tax advice or recommendations to any recipient and should not be considered a recommendation to purchase or sell any particular security or token. You should consult your tax or legal advisor about the information contained in this document. This document does not constitute an offering memorandum of Geeq Corporation under applicable Canadian securities laws and does not attempt to describe all material facts or material information regarding Geeq Corporation, its business and operations or its tokens. Any private offering of tokens will only be made to qualified accredited investor. Geeq Corporation has not filed a prospectus or offering memorandum with any securities commission or similar authority in Canada or elsewhere in respect of the tokens and, accordingly, the tokens will not be qualified for sale in Canada or elsewhere and may not be offered or sold directly or indirectly in Canada or elsewhere, except pursuant to an exemption from the prospectus and registration requirements of applicable securities laws. No securities commission or similar authority in Canada or elsewhere has reviewed or in any way passed upon the merits of an investment in Geeq Corporation or its tokens, and any representation to the contrary is an offense. All of the information contained in this document is for preliminary discussion purposes only. Final terms and conditions may change without notice and are subject to further discussion and negotiation.
If you are interested in subscribing to the private sale, please contact Geeq Corporation’s Vice President of Corporate Development, Bridie Mitchell.
HARD CAP = $15M
Soft Cap = $5M
If you are interested in subscribing to the private sale, please contact Geeq Corporation’s Vice President of Corporate Development, Bridie Mitchell, by clicking below. Contact Bridie Mitchell
The details of the planned private sale, liquidity event and monetary policy, may change depending upon current regulatory and legal environment, agreements with liquidity providers, and coding and other technical considerations.