GPS Foundation

The GPS Foundation is a non-profit organization that has been tasked with the democratic distribution of 500 million GPS Tokens to partner companies and organisations who wish to implement GPS Gamification into their own play-to-earn offerings.

The GPS Foundation will eventualy operate as a decentralized autonomous organization (DAO), meaning that GPS Token holders can take part in future decisions, and their influence will be weighted against the number of tokens in their account.

GPS Foundation

The GPS Foundation is a non-profit organization that has been tasked with the democratic distribution of 500 million GPS Tokens to partner companies and organisations who wish to implement GPS Gamification into their own play-to-earn offerings.

The GPS Foundation will eventualy operate as a decentralized autonomous organization (DAO), meaning that GPS Token holders can take part in future decisions, and their influence will be weighted against the number of tokens in their account.

GPS Foundation

The GPS Foundation is a non-profit organization that has been tasked with the democratic distribution of 500 million GPS Tokens to partner companies and organisations who wish to implement GPS Gamification into their own play-to-earn offerings.

The GPS Foundation will eventualy operate as a decentralized autonomous organization (DAO), meaning that GPS Token holders can take part in future decisions, and their influence will be weighted against the number of tokens in their account.

The Transition To DAO

A managed

The Transition To DAO

A managed

The Transition To DAO

A managed

 
 

 
 

Stage One

GPS Blockchain Council


The GPS Blockchain Council is tasked with onboarding the first batch of developers who wish to integrate GPS Gamification into their own offerings, by awarding them GPS Tokens that are used as in-app rewards.

Coinerz Group, the creators of the GPS Ecosystem, will partner with another four founding members, who will be chosen from a variety of different industries.

Each time a new partner is onboarded, and their app or service is successfully released to the public, they also become a Founder Member of the GPS Blockchain Council, and their vote is immediately equal to the vote of the other Founder Members.

 

Stage Two

GPS Foundation DAO


After the distribution of the first 150 million GPS Tokens, the GPS Blockchain Council will be dissolved, and fully replaced by the GPS Foundation DAO, that will decide where to allocate the remainder of the GPS Tokens.

Everybody who holds GPS Tokens becomes a voting member of the GPS Foundation, and can take part in future decisions of the GPS blockchain by logging into the official GPS wallet that's available for Android, and iOS, devices. Voting will be weighted, based on the number of GPS Tokens held by an account.

 
 

 

 
 

Current Founder Members

Coinerz Group

Coinerz Group began life in 2017 with a purpose to develop the GPS Token blockchain. Over the past four years, the ecosystem has expanded into the industry-class geo-location and gamification platform that you are looking at right now. They are the creators of the GPS Economy.

Visit The Website

Jelurida

Jelurida's roots stretch all the way back to 2013, when their core developers helped to create Nxt - the world's first Proof-of-Stake blockchain. Jelurida was formed in 2017 to develop Nxt 2.0 - called Ardor, the feature-rich blockchain platform that is the backbone of the GPS Economy

Visit The Website

Because the weight of a vote on the GPS Foundation DAO will be dependent on a users current GPS Token holding, it is essential that there are at least 250,000,000 GPS Tokens in circulation. Right now, there is no benefit to our users for implementing a decentralized funding structure, as by definition, Coinerz Group, the creators of the GPS Ecosystem, and early-stage investors and traders, would have an out-sized influence.

Each of the five founder members of the GPS Blockchain Council have an equal vote, ensuring that Coinerz Group will never have an out-sized influence over the future distribution of GPS Tokens.

In addition, by restricting early founder members to projects that use the GPS Ecosystem, it ensures that all members have a vested interest in the health and integrity of our blockchain.

No!

GPS Tokens are granted to projects on the understanding that they will be used to gamify their own Dapps, and services.

Here's how it works...

  1. When a project is awarded an allocation of GPS Tokens, we use them to create a native token for each project.
  2. A project can set the permanent value of their native token. For example, if a project received one million GPS Tokens, they might choose to create ten million of their native token. Once created, the exchange rate of ten native tokens to one GPS Token will never change. It is permanent.
  3. 10% of each native token are airdropped to existing GPS Token holders, who may access them by using the particular Dapp, or service, to unlock them.

The GPS Ecosystem is trustless, and that means that GPS Tokens - in the form of native tokens are distributed directly to users of Dapps, or services.

This means that projects that use the GPS Ecosystem can always be relied upon to distribute tokens to their users in the way they were intended, and negates the risk of rogue projects stealing peoples funds.

No. GPS Blockchain Council members will not be financially compensated for their services, as this would be contradict the reasons for setting up the foundation in the first place - and that’s to distribute GPS Tokens to worthwhile projects.

Members also understand that the Council exists solely as a temporary measure until the circulating supply reaches the point where it can become a sustainable DAO.

Current Founder Members

Coinerz Group

Coinerz Group began life in 2017 with a purpose to develop the GPS Token blockchain. Over the past four years, the ecosystem has expanded into the industry-class geo-location and gamification platform that you are looking at right now. They are the creators of the GPS Economy.

Visit The Website

Jelurida

Jelurida's roots stretch all the way back to 2013, when their core developers helped to create Nxt - the world's first Proof-of-Stake blockchain. Jelurida was formed in 2017 to develop Nxt 2.0 - called Ardor, the feature-rich blockchain platform that is the backbone of the GPS Economy

Visit The Website

Foundation F.A.Q.

Because the weight of a vote on the GPS Foundation DAO will be dependent on a users current GPS Token holding, it is essential that there are at least 250,000,000 GPS Tokens in circulation. Right now, there is no benefit to our users for implementing a decentralized funding structure, as by definition, Coinerz Group, the creators of the GPS Ecosystem, and early-stage investors and traders, would have an out-sized influence.

Each of the five founder members of the GPS Blockchain Council have an equal vote, ensuring that Coinerz Group will never have an out-sized influence over the future distribution of GPS Tokens.

In addition, by restricting early founder members to projects that use the GPS Ecosystem, it ensures that all members have a vested interest in the health and integrity of our blockchain.

No!

GPS Tokens are granted to projects on the understanding that they will be used to gamify their own Dapps, and services.

Here's how it works...

  1. When a project is awarded an allocation of GPS Tokens, we use them to create a native token for each project.
  2. A project can set the permanent value of their native token. For example, if a project received one million GPS Tokens, they might choose to create ten million of their native token. Once created, the exchange rate of ten native tokens to one GPS Token will never change. It is permanent.
  3. 10% of each native token are airdropped to existing GPS Token holders, who may access them by using the particular Dapp, or service, to unlock them.

The GPS Ecosystem is trustless, and that means that GPS Tokens - in the form of native tokens are distributed directly to users of Dapps, or services.

This means that projects that use the GPS Ecosystem can always be relied upon to distribute tokens to their users in the way they were intended, and negates the risk of rogue projects stealing peoples funds.

No. GPS Blockchain Council members will not be financially compensated for their services, as this would be contradict the reasons for setting up the foundation in the first place - and that’s to distribute GPS Tokens to worthwhile projects.

Members also understand that the Council exists solely as a temporary measure until the circulating supply reaches the point where it can become a sustainable DAO.

Coinerz Group

Coinerz Group began life in 2017 with a purpose to develop the GPS Token blockchain. Over the past four years, the ecosystem has expanded into the industry-class geo-location and gamification platform that you are looking at right now. They are the creators of the GPS Economy.

Visit The Website

Jelurida

Jelurida's roots stretch all the way back to 2013, when their core developers helped to create Nxt - the world's first Proof-of-Stake blockchain. Jelurida was formed in 2017 to develop Nxt 2.0 - called Ardor, the feature-rich blockchain platform that is the backbone of the GPS Economy

Visit The Website

Foundation F.A.Q.

Because the weight of a vote on the GPS Foundation DAO will be dependent on a users current GPS Token holding, it is essential that there are at least 250,000,000 GPS Tokens in circulation. Right now, there is no benefit to our users for implementing a decentralized funding structure, as by definition, Coinerz Group, the creators of the GPS Ecosystem, and early-stage investors and traders, would have an out-sized influence.

Each of the five founder members of the GPS Blockchain Council have an equal vote, ensuring that Coinerz Group will never have an out-sized influence over the future distribution of GPS Tokens.

In addition, by restricting early founder members to projects that use the GPS Ecosystem, it ensures that all members have a vested interest in the health and integrity of our blockchain.

No!

GPS Tokens are granted to projects on the understanding that they will be used to gamify their own Dapps, and services.

Here's how it works...

  1. When a project is awarded an allocation of GPS Tokens, we use them to create a native token for each project.
  2. A project can set the permanent value of their native token. For example, if a project received one million GPS Tokens, they might choose to create ten million of their native token. Once created, the exchange rate of ten native tokens to one GPS Token will never change. It is permanent.
  3. 10% of each native token are airdropped to existing GPS Token holders, who may access them by using the particular Dapp, or service, to unlock them.

The GPS Ecosystem is trustless, and that means that GPS Tokens - in the form of native tokens are distributed directly to users of Dapps, or services.

This means that projects that use the GPS Ecosystem can always be relied upon to distribute tokens to their users in the way they were intended, and negates the risk of rogue projects stealing peoples funds.

No. GPS Blockchain Council members will not be financially compensated for their services, as this would be contradict the reasons for setting up the foundation in the first place - and that’s to distribute GPS Tokens to worthwhile projects.

Members also understand that the Council exists solely as a temporary measure until the circulating supply reaches the point where it can become a sustainable DAO.