https://i.imgur.com/1iHFhoC.pngWhat is GPU stock?
GPU stock is a platform that allows miners, gamers, video creators, graphic designers and other professionals who rely on GPU power to invest in stocks of these companies. The GPU token can be used in two main ways.
First, the funds raised through the ICO are used to purchase stock. The platform simply tokenizes their contribution to determine what they will get as dividends. An equal amount of stocks will be held by to back the GPU coins the individual has in their e-wallet. It can also earn dividends from the GPU stocks of Nvidia, AMD and other prospective GPU companies.
All users have to do is to hold the GPU stock tokens and they will be paid with ethereum coins once dividends on the stocks owned are sent. This is an innovative way of solving the problem in the GPU market while creating an opportunity for marketers to make money. The platform is based on the Ethereum platform and fidelity financial advisors while handling the money raised for the purchase of stock.
Why GPU stock?
The recent demand in GPUs has led to an increase in the price of most units. Everyone seems to be benefiting from the increase in revenue except the end user. Video editors, graphics designers, miners and gamers are forking out large sums of money without benefiting in any way. GPU stock seeks to give GPU reliant customers an opportunity to earn from the business. They only need to purchase GPU stocks and get a chance to earn dividend from GPU companies like Nvidia and AMD.
How will you benefit from GPU stock?
Investing in Nvidia and AMD stocks can earn handsome rewards for miners, video editors, graphics designers and others who rely on the industry. At the moment, Nvidia stocks are valued at around $191 while AMD shares average around $13.94. Investing in these shares allows the community to share in the success of these companies by having a portion of the profits.
https://i.imgur.com/1oYj0eA.pngA partnership agreement will be entered by GPU stock, AMD, and Nvidia to avail some of their shares to the platform. Investors on the platform can purchase GPU tokens that will be the capital used to make the purchase of the shares and stocks of the target companies. Any profit will be shared on the platform as dividends.
GPU stock features
Those who wish to partake in GPU stocks will need first to get ETH coins. This will be the main mode of exchange used to receive GPU stocks. The reason is that this is a limited coin that has a specific purpose. The dividend payouts will also be made using ETH. The profit sharing will be done using the following formula.
Total profit=70% to public+10% for stock buying+10% additional development+10% to founders
The 10 percent stock buying provides a way to increase the assets in the platform. Those who have GPU stock will earn dividends once they are paid out by Nvidia and AMD. The 10% development portion will be used to improve the source code and enhance the security of the platform. The e-wallet will keep being developed to improve the functionality. This includes plugins and paying developers to enhance the blockchain’s features. Legal fees will also be drawn from the development percentage.
https://i.imgur.com/v9tjAGT.pngInitial coin offering
The GPU stock coins are ERC20 tokens. They are simply tokenized versions of AMD and Nvidia stocks and share. The e-wallet and blockchain are developed using NodeJS. The coin supply is capped at 1,000,000 available at an initial price of $0.75.
ICO parameters
Name: GPU stock coin
Ticker: GPU stock
Supply: 1,000,000
ICO start: TBD
ICO end: TBD
ICO tokens: 1,000,000
Accepting: ETH
Value: 1 GPU stock = 0.75 USD
ICO Funds Allocation
10 percent: Development of the platform and the website
20 percent: Legal fees
70 percent: Buy Nvidia and AMD stocks from the NASDAQ
Roadmap
October 2017: Creation of White Paper
January 2018: Engagement of fidelity financial advisor
May 2018: Beta version of GPU Stock platform
June 2018: Launch with AMD and Nvidia as the main GPU stock companies
June 2019: Inclusion of Apple and other GPU producing companies' shares
June 2020: Integration of decentralized voting system
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