Galaxy eSolutions (GES) is a Global eCommerce marketplace for refurbished and pre-owned consumer electronics. Operating as an open source ecosystem and incorporating the hybrid P2P Blockchain platform onto one of the marketplaces for phone trade-in that has a direct C2B and B2B model. This blockchain will be used for recording details of the goods, the logistics and transactions. It will reduce inefficiencies caused in supply chain, and resolve any supplier credibility issues. The tokens will become utility tokens and will be able to be used on the blockchain platform as discounted listing fee and transactions.
Direct B2C/B2B model which will later evolve to become a marketplace and ecosystem (reduce market supply chain inefficiencies)
Strategic investment partnership with a fully licensed factory supplier which operates in a Shenzhen China bonded zone (Guarantees stable and quality supply, secures credit term, obtain supply chain advantage etc)
Work with factory partner to establish standard grading and stringent QC control and checks, and RMA program (quality assurance and remove grading inconsistencies)
Work with current investor, who owns one of the largest private logistics company, in direct freight and local fulfilment solutions
Raise fund backing to increase stock level in accordance to optimal stock level, and offer local fulfilment when deemed feasible (improve consumer experience)
Marketing Specialist (40+ ICOs) | ICO Advisor | Writer at CryptoCoinsNews | Former FBI Analyst Rated on 5 Jan 2018
5
5
5
6%
One thing I always look for is an existing product or existing business. Galaxy has that track record in ecommerce and a legitimate reason to expand into blockchain. Overall, impressed with the team and product.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
The President at E-Commerce Association of Hong Kong
Ken Wong
GM at Continental Global Service Ltd & Executive Officer at E-commerce Association of Hong Kong
Financial
Token info
Token
GES
Platform
Ethereum
Price in ICO
1 ETH = 10,000 GES
Bonus
Pre-sale (early backers)
20%
Contribution above 10 ETH
10%
Tokens for sale
300,000,000
Investment info
Min. investment
0.1 ETH
Accepting
ETH
Distributed in ICO
89%
Hard cap
25000 ETH
Raised
$7,904,327
Milestones
1
2016 Dec
1st NDBD country site launched.
2
2017 Jan
Reached 50 orders per day.
3
2017 Mar
1st YABphone site launched. Launch of Android-Reborn site. Reached 100 orders per day. Reached 1M USD monthly sales. 10 Country markets.
4
2017 May
Reached 1.5M USD monthly sales. 20 Country markets.
5
2017 Sep
Reached monthly operational break-even point. CNS obtained major share and management control and rights of Chinese Government authorised refurbishment factory (‘Furunzi’). ERP integration with Factory.
6
2017 Oct
Reached 2M USD monthly sales. Obtained Exclusive Supply Agreement from CNS and Furunzi. Reached investment agreement with CNS. Launched Employee Shares Scheme successfully.
7
2017 Nov
Launch ICO Presale. Prototype site MobileFreak built.
8
2017 Dec
Fully tailored production plan in place for GES. Launch ICO Official/Public.
