FAQ
NEED SOME HELP?

lorem ipsum dolor sit amet consectetuer adipiscing elit sed diam nonummy nibh euismod tincidunt ut. lorem ipsum dolor sit amet consectetuer adipiscing elit sed diam nonummy nibh euismod tincidunt ut. lorem ipsum dolor sit amet consectetuer adipiscing elit sed diam nonummy nibh euismod tincidunt ut. lorem ipsum dolor sit amet consectetuer adipiscing elit sed diam nonummy nibh euismod tincidunt ut. lorem ipsum dolor sit amet consectetuer adipiscing elit sed diam nonummy nibh euismod tincidunt ut. lorem ipsum dolor sit amet consectetuer adipiscing elit sed diam nonummy nibh euismod tincidunt ut.

General

What is GSC Platform?

Genesis Supply Chain Platform is a company based in France. We are developing a supply chain solution to improve flight safety and streamline processes for Supply Chain Industry. We provide a platform to all purchasing professionals to improve their businesses results in reducing the costs and time with an easy tool to implement in the blockchain technology. Each company will be able to manage their own business without a third party Read More..

What is the Goal of GSC Platfrom?

The goal of GSCP is to simplify the processes involved in managing the supply chain and improve flight safety with end to end parts tracking from manufacture to installation using the blockchain. We will provide suppliers and buyers efficient and powerful technical tools that will enable them to streamline and secure their internal processes. GSCP will expand buyers and sellers reach through our global marketplace. By incorporating the blockchain we will be able to take advantage of the security and speed in transactions and to keep immutable records for the lifetime of parts.

Who are the GSC Platform users?

Any company which is willing to improve their supply chain processes and to strengthen their relationship with their suppliers and customers with a plug and play tool. More specifically, The organizations in charge of the airworthiness monitoring (CAMO), MRO and airlines who control and monitor pieces installed on planes and want to anticipate their supply and subcontracting as well as improve their clients’ safety flights.

When will the platform be available?

According to our work and development planning, the GSC Smart Purchases Blockchain will be released during the second quarter 2019 Read More..

Token Sale

What is a Token Sale?

A tokensale is a partnership between a private project and members of the public who want to participate in the project and have a stake in its future functionality. Participants will contribute funds to “kickstart” the development of the project and, in turn, receive tokens that can be traded or redeemed for services in the future.

What is “know your customer” or KYC verification?

KYC verification is the process of a business identifying and verifying the identity of its users. This is important from an anti-money laundering perspective and GSC uses a third party to manage all KYC verification. *KYC verification is not required for airdrops.*

How much do GSCP tokens cost?

The cost of GSCP tokens depends on the phase in which they are purchased, private sale prices start at $0.025 and the final round sale price is $0.07 per token. Like most sales, GSCP incentives early investment and encourages participants to purchase early for the best price.

How do I participate in the sale?

The sale website is located at https://ico.gscplatform.io read the whitepaper to get started and then create an account on the ICO site. A guide for the sale is available here:

What is the timeline of the sale?

  • Private Sale: August 4th - August 31st. The minimum purchase is $1000 and there is no maximum. $0.025 per token with a 50% token bonus.
  • Presale: September 1 - September 23. Minimum purchase $1000. $0.03 per token with a 40% bonus.
  • Public Sale Stage 1: September 24 - November 23. Minimum purchase $100. $0.04 per token with a 15% bonus.
  • Public Sale Stage 2: November 24 - January 23. Minimum purchase $100. $0.05 per token with a 5% bonus.
  • Public Sale Final Stage: January 24 - February 27. Minimum purchase $100. $0.07 per token.

What is the token distribution structure?

Sixty percent (60%) of all tokens created will be sold in the token sale. Twenty percent (20%) go to the crew, fifteen percent (15%) goes into an escrow account, three percent (3%) is earmarked for the bounty program, and the final two percent (2%) goes to advisors.

How are will the funds raised in the sale be used?

The majority of funds from the token sale (70%) will be invested in IT & Development of the platform and blockchain. Twenty percent (20%) will be used for marketing and token growth, five percent (5%) will be used for legal, and the final five percent (5%) will be set aside as a security reserve.

What happens to unsold tokens?

All unsold tokens are “burned” and destroyed which increases the value of the remaining tokens. If the sale does not reach the softcap of $4m, funds will be refunded based on the schedule in the White Paper.

When will I receive GSCP tokens?

You receive tokens at the end of the sale. The sale ends February 27, 2019. These are ERC20 tokens that can be traded on top of the Ethereum platform.

How can the Token be used?

If you have participated in the sale or airdrop, you can hold your tokens for use when the blockchain is live or you can trade them on an exchange. When the blockchain is live, the tokens will enable users to lookup parts on the platform and retrieve important data relating to those parts.

How much are GSCP tokens worth after the sale?

No one knows what the value will be after the sale. Like any market the value will fluctuate according to supply and demand. Do NOT invest if you cannot accept the risk of financial loss that accompanies token sales like this one. See our SAFT documentation for more information.