[ANN - TOKEN SALE] GN Compass - Cryptocurrency-Backed Lending Platform

[zoonosis]

GN COMPASS

Peer-to-peer Cryptocurrency-Backed Lending platform
for peace of mind, worry free investing


WEBSITE / WHITE PAPER / TELEGRAM / TWITTER / FACEBOOK / MEDIUM / REDDIT / SLACK

Official GN Compass Bounty campaign: 10,000,000 GNCT Tokens (~$3,000,000 USD) are waiting for you!
https://bitcointalk.org/index.php?topic=2708667.0

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ICO CAPS

Softcap: $500,000 USD (achieved)
Hardcap: $14,000,000 USD


TOKEN SALE: 29.01 - 30.04

Pre-Sale 1st  Round: 29.01 – 04.02 | 1 GNCT = $0.14 USD
Pre-Sale 2nd Round: 05.02 – 11.02 | 1 GNCT = $0.20 USD
Pre-Sale 3rd Round: 12.02 – 28.02 | 1 GNCT = $0.25 USD
Main-Sale : 09.04 - 30.04 | 1 GNCT = $0.30 USD
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Other Languages
(Links will be updated after the translation)
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• Korean : (ANN, Whitepaper) • Indonesian : (ANN, Whitepaper) • Dutch : (ANNANN, Whitepaper) • Thai : (ANN, Whitepaper) • Polish : (ANN, Whitepaper) • Filipino : (ANN, Whitepaper)

• Japanese : (ANN, Whitepaper) • Vietnamese : (ANN, Whitepaper) • Italian : (ANN, Whitepaper) • Danish : (ANN, Whitepaper) • Russian : (ANN, Whitepaper) • Arabic : (ANN, Whitepaper)

• Spanish : (ANN, Whitepaper) • Romanian : (ANN, Whitepaper) • Bulgarian : (ANN, Whitepaper) • Greek : (ANN, Whitepaper) • Turkish : (ANN, Whitepaper) • Ukrainian : (ANN, Whitepaper)

• German : (ANN, Whitepaper) • Portuguese : (ANN, Whitepaper) • Slovenian : (ANN, Whitepaper) • Hindi : (ANN, Whitepaper) • French: (ANN, Whitepaper) • Chinese Simplified : (ANN, Whitepaper)

PROBLEMS
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Even with the internet and modern technology, loans remain very similar to their origins with big banks and gate keepers leveraging majority of the value.

This causes three large issues within the modern-day loan industry:
   1.   Centralized structures that lack transparency;
   2.   Low liquidity of notes and securities;
   3.   One-dimensional credit scores that only aggregates and analyzes public consumer data.

SOLUTIONS
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GN Compass provides Cryptocurrency-Backed Loans™ to create constant liquidity in the lending market. This is accomplished by allowing investors to sell portions of loans in their portfolio. Investors are not locked in to the term of a loan and can liquidate loans for any reason (E.g. financial hardship, increased GNCT price etc.) only after a certain no-trade time period has been reached.

The buying investors will reap the benefit of the loans being paid back by borrowers while the selling investor still makes a profit. By using blockchain technology to verify and distribute all transactions across the Ethereum network, it guarantees transparency.

HOW IT WORKS
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For Lenders
Investors simply sign up and create their profile and investment portfolio. The investment portfolio page will ask the Investor about their investment goals such as retirement planning, preferred repayment cycle (e.g. To have investment re payments deposited to their account on a certain day per month). This is where they will input the amount they are looking to invest and the interest rate they are looking to receive plus the length of time they are looking to invest for.

Once the profile is complete and the Investor is happy with their investment settings, they will then be required to add their banking information into our secure payment system. From there, the Investor will be assigned a secure digital wallet attached to their bank account where all the transfers and payments will be made. The Investor investments will then be sent to a loan pool to fund loans. When loans are being repaid the GNCT backing the loans will be adjusted accordingly.

For Borrowers
Borrowers will sign up by creating a username, password and completing a profile page. They will also have the option to sign up using their Facebook account, which will enable GN Compass to connect and pull basic information from their Facebook profile.

Once the Borrower has successfully completed their profile and all required documents have been submitted and processed, a risk assessment will be done and the borrower willbe given a risk rating. The loan amounts will range from $1,000.00 to a maximum of $50,000.00 with an interest rate from 3.99% to 11.99%. If their risk rating is within our parameters, they can proceed with their application. If their risk rating is beyond our parameters, they will be declined and required to reapply in three months.

Approved borrowers will fill out a loan application (aka smart contract), which will ask how much they want to borrow, loan length (e.g. six months, one year, three years etc.) and loan repayment cycle (e.g. to have automatic withdrawals from their account on a certain day per month). Loan requests will be sent to a pool of other loan requests with the same credit rating where Investors' funds will fund the loans.

Borrowers are required to pay balance protection insurance on loans. The insurance amount is a percentage of the outstanding balance. The percentage is determined by the borrower's risk rating.

GN Compass Credit System
Our credit system will use traditional credit scores, mobile data and social media analytics to assess risk and assign a GN Compass credit rating from A+ to B. Other factors assessed to determine a borrowers GN Compass credit rating will be occupation, military service, volunteer work, credit history, debt-to-income ratio and income. This information will give us more detailed picture of our borrowers.

Microloans
In the future, we wil offer micro loans to higher risk borrowers. These borrowers will be assigned a GN Compass credit rating of C+ to D, and receive loans from $150 to $1000 at interest rates from 13.99% to 16.99%. These borrowers wil also have the opportunity to improve their credit rating with good payment history.

Compass Token (GNCT)
Al loans will be backed by Compass tokens (GNCT). The tokens wil represent the amount invested. This does not include the potential interest amount the Investors wil receive. If Borrowers default on a loan over a certain period, the tokens will be automatically exchanged and the fiat currency the Investor originally invested with (e.g. US dollars) will be deposited into the Investors' walet. The Investor can then choose to reinvest or transfer funds from their wallets back into their bank accounts.

Transferability of Tokens
What makes GN Compass unique is that Investors can sell loan portions or their entire loan portfolio to another person.

If an Investor wants to sell a portion on their loan to a new buyer(s), their information will be attached to the smart contract along with the Sellers. The percentage of the tokens sold will determine the percentage of the investment and interest that will be divided among the seller and buyer(s).

If the seller sells all their tokens, the smart contract will replace the seller's information for the buyers, and all the proceeds of the seller's former investment (plus interest) will go to the new buyer(s). The new buyer(s) would have to be registered as a token buyer or an Investor on our system and have a wallet with us.


Introduction Video

ADVANTAGES
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.	Borrowers are funded 10x faster than banks	Borrowers and Investors don't need to own cryptocurrency	Investors funds are backed by GNCT which are much more liquid than notes and securities
.	Our cryptocurrency-Backed Loans™ secure Investors fund with GNCT so Investors have zero risks	Easy to sign up. easy to apply for loans and easy to invest	Much larger global market

ROADMAP
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TOKEN DETAILS
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.	Token name:	Compass Token
.	Symbol:	GNCT
.	Type:	ERC20 (Ethereum Blockchain)
.	Total supply:	1,000,000,000 GNCT
.	Softcap:	$500,000 USD
.	Hardcap:	$14,000,000 USD
.	Token Sale:	29.01 - 30.04
.	Accepted purchase:	BTC, BCH, DASH, ETH, LTC
.	Price:	1 GNCT = $0.14 - $0.30 USD
.	Country:	Canada
.	Whitelist/KYC:	KYC
.	Restricted areas:	USA, China

TOKEN ALLOCATION
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.	Token Sale	||||||||||||||||||||   20%
.	Bonuses	||||||||||   10%
.	Back Investor Funds	||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||   60%
.	Reserve	||||||||||   10%

FUNDS DISTRIBUTION
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TOKEN SALE
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Sale of tokens are to raise funds for platform development.

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PHASE Pre-Sale 1st  Round Pre-Sale 2nd Round Pre-Sale 3rd Round          Main-Sale

DURATION 29.01 - 04.02 05.02 - 11.02 12.02 - 28.02             09.04 - 30.04

PRICE $0.14 USD $0.20 USD $0.25 USD       $0.30 USD

BONUS STRUCTURE

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For tokens Purchased     100,000 GNCT 200,000 GNCT 300,000 GNCT and above

Pre-Sale     10% 20% 30%

Main-Sale     05% 10% 20%

TEAM
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MICHAEL COLLINS CEO/FOUNDER Michael is a lending, financial technology specialist and serial entrepreneur. He is currently the owner of Great North Capital Inc. a financing company specializing in personal and small business loans. Michael has extensive knowledge of the Bitcoin and Ethereum platforms with a particular focus on blockchain technology and it potential in the financial   industry.

JEAN PIERRE RUKEBESHA CO-FOUNDER & CFO Jean Pierre is a CPA with a masters degree in business   administration.He specializes in accounting, managing businesses with analytics & strategic planning. He is also a two time author of business and entrepreneurial books.

JORDAN TYMBURSKI CTO Jordan is full stack computer engineer and has been working professionally in the industry for 7 years.He specializes in Java, C++, HTML/CSS/JS, PHP, SQL, Android SDK, Bootstrap, JQuery, ZMQ, Blackberry KNOX, GPG. Jordan is our senior engineer and will be incharge of the frontend architecture of GN Compass.

ADVISORS
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.	ANTOUN TOUBIA SENIOR ADVISOR GN COMPASS & CHAIRMAN, UNITED CAPITAL INVESTMENTS Antoun is an investment services professional with years of experience in Private Equity investments, venture capital and Blockchain Technology. He is currently building a new type of Private Equity Portfolio Fund based on the Blockchain technology and has already secured several project agreements including government backed contracts.	ROGER CROOK CEO OF CAPITAL SPRINGBOARD & FORMER CEO OF DHL GLOBAL FORWARDING Roger is the CEO of Capital Springboard - Singapore’s leading peer-to-peer invoice financing platform for SMEs. Capital Springboard facilitates trade for SMEs by granting them access to working capital provided by investors which include, accredited investors, institutional investors, HNWIs, IFAs and family offices.	DAVID DRAKE FOUNDER AND CHAIRMAN AT LDJ CAPITAL   David Drake is Founder and Chairman at LDJ Capital, a multi-family office which deals in various funds worldwide with over $1.5 trillion in assets, and maintains over 50+ global directors and family office partners. More recently, Mr. Drake is also seen as a leader in cryptocurrency. Mr. Drake saw the value of digital assets when everyone was avoiding it.
.	BOBBY BARONE BLOCKCHAIN ADVISOR, INVESTOR & ENTHUSIAST Experienced blockchain advisor, investor & enthusiast with a demonstrated history of working in the financial services and blockchain industry. Deeply intrigued by disruptive business models. Angel Investor. Specialized in Ethereum & smart contract technology and their real-world applications. Skilled in business strategy, relations & development, ICO promotion, content creation, and white papers.	RIASAD HADI HOSSAIN BLOCKCHAIN CONSULTANT AND SOCIAL MEDIA EXPERT I work as a team member at Tradove.Inc alongside being an advisor for GN Compass. As an Advisor for GN Compass I will use my contact to bring in investors, help to grow and reach more and more people, get GN Compass listed on various websites, help with marketing and in the financial department, press releases etc.	GEOFFREY GREEN CEO OF MYNTEX INC   Myntex are the industry leaders in data and email encryption solutions. Myntex Inc
.	GENE SWANK INVESTOR, BOARD MEMBER, ADVISER AND MENTOR Gene is a highly accomplished Senior Executive, C-Suite Officer, Founder, Serial Entrepreneur, Consultant, Thought Leader, Engineer and Board Member with over 15 years of success across wireless, software, technology, printing, real estate and more. Leveraging extensive experience in entrepreneurship and software development	JASON COLES BLOCKCHAIN/ICO ADVISOR, ICO CONSULTANT Jason is an innovator and industry leader with a proven track record of successful ICO’s. Jason is a blockchain consultant and blockchain enthusiast.	BRYAN FEINBERG CEO AND FOUNDER OF ETHERALABS   Etheralabs is a NYC Based Blockchain Advisory. Bryan is a Licensed Investment Banker holding is Series 7, 63 & 79 Finra license and is both deeply passionate and active across both the fintech crypto landscape.

SUPPORTERS
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LEE RAJ ETHEREUM DEVELOPER AND BLOCKCHAIN CONSULTANT Lee develops Ethereum Smart Contracts using Solidity and offers Blockchain Consulting. Lee is also a developer with Nodejs (Express Framework), MongoDb, Javascript (Jquery) and HTML5 / CSS3 experience.

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SUBRAMANIAN VENKATESAN SOFTWARE ENGINEER, BLOCKCHAIN AND SMART CONTRACT SPECIALIST Subramanian Venkatesan is a Smart Contract Developer with strong CS fundamentals. Additional skills include creating Ethereum blockchain smart contracts using solidity.

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PRASHANT RATTAN MARKETING EXECUTIVE   Prashant is an expert in #Digital Marketing, #SEO, #SMO, #SMM #Wordpress #Yoast SEO. He manages our social media marketing on all major social media platforms to promote our website, create brand awareness, brand promotion and lead generation.

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SUNSHINE REYES MARKETING EXECUTIVE “My previous Project Manager positions honed me to be patient, organized, attentive, emphatic, fastidious, and calm. It also taught me the useful knowledge that I still carry to this day. My expertise includes Social Media Engagement, Email Marketing, Business Directories, Canvas Designing, Data Entry, Data Minning, Organizing Files, and Email Management”.

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GANESAN NAGALINGAM SENIOR DEVELOPER AND MARKETING EXECUTIVE “I am a PHP developer, experienced in PHP & MySQL web programming, clean W3 compliant XHTML/HTML/CSS coding and Javascript/AJAX programming. I also build custom database driven PHP cms websites and interactive web applications in PHP/MySQL. I also have experience in Social Media marketing/SEO/SMO/SEM in various companies as well as experience in #Digital Marketing, #SEO, #Wordpress #PHP #Web designing #Laravel Frame work”

PAYMENT PARTNERS
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STRATEGIC PARTNERS
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POTENTIAL EXCHANGE LISTINGS
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IN THE NEWS
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WE ARE LISTED ON
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BOUNTY CAMPAGIN
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https://bitcointalk.org/index.php?topic=2708667.0

GN Compass is going to be a collaborative process. And we need support to make this ICO successful. So you win, I win. A team of skilled professionals has already dedicated a huge amount of their time and knowledge in order to make this happen — and we will continue to do so. With participation in the bounty campaign, you can become a part of the GN Compass project.

Anyone can become a shareholder — Initial coin offering (ICO) starts on Jan 29th, 2018. We shall reserve 10,000,000 GNCT i.e. GNCT tokens for several bounties, which we will distribute to everyone who supports ICO before and during the ICO.

1. Telegram/Newsletter Campaign – 5% (500,000 GNCT)
2. Translation Campaign – 30% (3,000,000 GNCT)
3. Social Media Campaign (Facebook/Twitter) – 25% (2,500,000 GNCT)
4. Article/Media Campaign – 15% (1,500,000 GNCT)
5. Signature Campaign – 25% (2,500,000 GNCT)

GN COMPASS

Peer-to-peer Cryptocurrency-Backed Lending platform
for peace of mind, worry free investing


WEBSITE / WHITE PAPER / TELEGRAM / TWITTER / FACEBOOK / MEDIUM / REDDIT / SLACK

*Thank MrSpasybo

[1715361488]

1715361488

[GN Compass]

All future posts by GN Compass and members of the GN Compass Team will be made by this account! The posting account was simply used to post the OP.

The GN Compass Token Sale begins January 29th at 12:00 AM UTC!

[Kimpoiluiseta]

alocation ico and pre ico only 20% from total suply coin dev
i think very big if 80% coin still control in hand dev

[FeelNiceInc]

Hi,
I have listed your ico on ICO-BLOG.de.
Link: https://ico-blog.de/event/ico-gn-compass/?lang=en

greeting
Sören

[GN Compass]

alocation ico and pre ico only 20% from total suply coin dev
i think very big if 80% coin still control in hand dev

There is 30% currently reserved for the pre-sale & ITO when you add the 10% that is going towards bonuses for participants! Also, the 60% that is used to back the loans on the platform are locked via smart contract and can only be distributed to members once a borrower defaults on a loan. Once a default is detected and grace period passes, the GNCT transfers directly to the lender automatically. What this means is that eventually, more & more GNCT will slowly move from the platform's reserves directly into the hands of the community! Only 10% of GNCT is actually reserved for the founding team, advisory board, and developers!

[GN Compass]

The GN Compass Bounty Campaign is expected to begin latest January 8th, 2018! If you would like to reserve a spot as a translator in the Translation Campaign, please leave a message on this thread or through DM!

[12SnaFFik12]

Has the ICO actually been extended or delayed? I didn't visit this thread for some time but I thought it should already be running or over?

[SweetSv]

Wath about bounty program?

[GN Compass]

Wath about bounty program?

The bounty campaign will begin within the next 24 hours! The thread will be posted here!

[GN Compass]

Has the ICO actually been extended or delayed? I didn't visit this thread for some time but I thought it should already be running or over?

Greetings! The token sale was delayed slightly to better prepare a marketing campaign and some backend implementation. It was decided the best course of action was to begin the sale at the end of January!

[GN Compass]

https://bitcointalk.org/index.php?topic=2708667.0

The bounty campaign is now live & we already have Chinese, Romanian, Indonesian, Filipino, Russian, and Hindi translations on the way and dozens of signups! Be sure to register to earn your share of the GNCT allocated towards the bounty campaign!

[GN Compass]

The signature campaign is now LIVE! Earn shares for wearing a signature matching your rank!

[Yoqurt1]

Seems like a good project!  Will there be a bounty campaign?

[GN Compass]

Seems like a good project!  Will there be a bounty campaign?

Yes, our bounty is currently up and running. Thank you for the interest: https://bitcointalk.org/index.php?topic=2708667.0

[GN Compass]

BOUNTY CAMPAIGN LINKS
Telegram/Newsletter Campaign Links
Telegram/Newsletter Registration Form
Telegram/Newsletter Spreadsheet

Social Media Campaign Links
Facebook Registration Form
Facebook Spreadsheet

Twitter Registration Form
Twitter Spreadsheet

Article Campaign Links
Article Registration Form
Article Spreadsheet

Signature Campaign Links
Signature Registration Form
Signature Spreadsheet

[King Logical]

Cool project! The loan industry is massive, happy to see he already has an existing business behind it!

[GN Compass]

We now have a whitepaper translated into Romanian! https://drive.google.com/file/d/0BzWx_B-LMc3sZU9WVkxOOEszVTkxTEVuSWhib20yNkpZeU5j/view

Token sale begins in a bit more than 16 days!

[GN Compass]

The GN Compass Telegram group already has over 200 members!

[GN Compass]

Here are our translations so far! We have over 10 more translations confirmed!

Current Translations:
Romanian Announcement Thread & Romanian Whitepaper - Thanks SerguiHD & wolf1k
Vietnamese Announcement Thread (Bitcoin Garden) & Vietnamese Announcement Thread (Altcoinstalk) - Thanks MrSpasybo
Hindi Announcement Thread - Thanks Blocks
Ukrainian Announcement - Thanks gslgroup

[GN Compass]

Over 500 signups for the GN Compass Bounty Campaign! Initial Token Offering January 29th!