GoMeat ICO — The Journey So Far
Empowering the specialty meat industry!
GoMeat is first of its kind business venture catering to the $1.7 trillion global (halal+ Kosher) market, already in operations in the United States with 300+ stores on-boarded on the GoMeat platform with 6,000+ orders processed, generating a gross volume of $300k+ in 2020.
GoMeat Token — GOMT is a deflationary utility token, with a limited supply of 5 million, offering an enormous value proposition to all our stakeholders, such as:
- Convenience and reliability to customers.
- Digitalization, increase in revenues, and operational efficiencies to stores.
- Several utilities as mentioned in the white paper, a regular burn plan, and a plan to enlist in recognized exchanges to the token holders.
GOMT Pre-Sale launched on the 24th of June, 2021, over a period of 2 weeks, the GOMT reached 25% of its soft cap. The pre-ICO intended to run till August 24, 2021, ended 2 weeks early with 100% of 400K GOMT in the Pre-ICO selling out.
GoMeat is currently running its ICO Tier 1 offering 750K GOMT — 15% of the total GOMT, priced at $1/token with a 15% bonus on signup ( https://gomeat.io/icopanel/login). Within 2 weeks of the launch, over 80% of the tier 1 tokens have already been sold, leaving behind very few tokens for those who wish to avail this exclusive 15% bonus.
ICO Tier 1 was launched on the 25th of August and will run for a total of 20 days, ending on the 14th of September. In just 3 days of the launch, over 520K GOMT have been sold!
The ICO is divided into two stages i.e. Pre-ICO and ICO Main event. The second stage is further divided into three phases. Bonuses will be provided throughout the span of the ICO but the bonus amounts will decrease over time to allow early buyers to profit most.
GoMeat ICO Main event consists of three distinct tiers and will have the following differences in terms of bonuses:
Payment Methods: All major stable coins and crypto i.e, ETH, BTC, LTC, HYDRA, USDC, USDT, BUSD, EUR, BNB, DAI, PAX are supported as a payment method for GOMT on our platform.
To make the buying process smooth, GoMeat is constantly working to bring in new payment options. GoMeat has now integrated PayPal into its system. While buyers would still need to have a Hydra wallet to receive their GOMT at the end of the ICO, buying GOMT through PayPal will enhance accessibility and functionality for a large number of users.
Token Referral Program: Buyers can generate their own referral link to share with friends and family. To benefit from the referral reward system, users must sign up using a referral link.
For every GOMT purchase made using the link, 5% (of the transaction) bonus tokens are given as referral rewards. As decided by our growing GoMeat community, the bonus GOMT are divided as follows:
- 3% for the referrer.
- 2% for the referee.
Referral bonus tokens are provided from tokens allocated for Pre ICO and Main ICO.
Hydra Steaking Incentives: To further strengthen the Hydra ecosystem and to allow our community to benefit from the High APR, GoMeat has introduced Hydra Staking Incentives or “Steaking” as our amazing community likes to call it.
All collected HYDRA will be staked and the rewards will be shared with Hydra investors in the form of GOMT tokens. How will the “steaking” work you asked? Here’s how:
- To reap the benefit of high APR:
o 100% of Hydra tokens collected during Pre-ICO and ICO will be vested for 1 year
o In case Hydra constitutes over 70% of our total investments, any Hydra received over 70% of the total investment will not be part of this staking.
2. The conversion of the HYDRA staking reward into GOMT will be based on the average rate at the date of expiry of the 1-year term.
3. Hydra Staking will start with the launch of this incentive plan to the community –Target date: Aug 8, 2021
4. A Dashboard on Google sheets will be developed where investors can track the staking rewards and corresponding GOMTs
5. A Reserve of GOMT token is already created (10% of total GOMT) from ICO to fund this incentive for Hydra conversions.
6. Any additional GOMT Tokens needed to fund these incentives will be acquired from the market/exchanges.
7. People who have already made investments as of Aug 6 in the non-Hydra token will also be able to participate based on avg Hydra value on the date of their investment. This will not be applicable for non-Hydra investments following Aug 6.
Private Placement: GoMeat is also offering private placements for investors interested in buying more than the cap per person ie 25,000 (plus bonus) GOMT. For a private placement, follow the following steps:
1- Sign up at https://gomeat.io/icopanel/register and submit a KYC application.
2- Once your KYC has been approved, submit a private placement request via email at kanwal@gomeatservices.com.
3- You will be provided with a contract and a complete plan on how tokens will be released to your wallet.
4- The tokens will be released to your wallet over a vesting period.
Upon completion of the ICO, tokens can easily be bought or sold on reliable cryptocurrency exchange markets. GoMeat’s main focus is on increasing GOMT utility but the number of exchange markets will grow with the increase in platform trade turnover and users’ demand from different countries. The GoMeat team is planning to introduce GoMeat Tokens to international cryptocurrency exchange markets. There, it will be possible to exchange GOMT for any fluid cryptocurrency (BTC, ETH, etc.).
GoMeat team is currently focusing all their energies on marketing strategies to reach their audience all around the globe, not only to make the ICO successful but also to fulfill their promise of empowering the specialty meat industry.
GoMeat — Empowering the specialty meat industry ⚡️
