GoNetwork ICO – Mobile first Scalable Ethereum Network

GoNetwork is developing infrastructure to scale the transactions per second on Ethereum mobile platforms. The cost of transactions will be significantly less than doing Ethereum transactions directly on chain as the token is designed for high frequency workflows and the state channels amortize the cost of transactions based on the number of off-chain transactions completed.
GoNetwork’s GoToken is a solid cryptocurrency that is solving the problem both Bitcoin and Ethereum have scaling a lot of transactions on the network and its getting even worse with mass adoption. GoNetworks belief centers on the fact that Ethereum, ERC20 tokens and cryptocurrencies in general require mobile accessibility and interoperability to gain mass adoption. With GoNetwork the solution is solved by allowing off chain transactions simultaneously creating demand for GoTokens and yes their focused on mobile first. The team has deployed one of their use cases, GoExchange, which is a virtual goods commerce platform and they’re integrating it into their existing apps that have over 15 million installs already. Their winning entry at ETH Waterloo will be further developed to penetrate the commerce market.

Scaling is a huge issue for mass adoption of cryptocurrency transactions and Ethereum has competition with other blockchains like EOS and Rchain to create the most efficient and scalable network. Will GoNetwork break through these limits with off chain transactions? Let me know your thoughts in the comments below

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GoNetwork ICO – Mobile first Scalable Ethereum Network

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Kane Dane