Announcing Gullin — Easily and Securely Participate in Token Sales

Announcing the Gullin Platform — Easily and Securely participate in Token Sales

Background

In 2017, the world witnessed the rampant adoption of blockchain technology and cryptocurrencies. This rise has shifted how software products, fundraising and banks are fundamentally viewed. Gone are the days of centralized third parties controlling and monetizing our data and personal information. Gone are the days of centralized third parties taking massive profits on the backs of content creators. Gone are the days where a few gate keepers would decide which projects and startups would be worth funding.

The Power to Create

Anyone who has ever been passionate about a project or startup in their life knows that it takes money to make money. Traditionally, if a founder wanted to raise money for their startup, they would have had to reach out to Venture Capital (VC) firms and Angel Investors. These investors receive thousands of pitches a day. Most of the time, without a strategic introduction, their pitch would not get heard.

The most compelling part of the blockchain revolution is the power to create. The power to pursue a dream. The power to build a startup without a few individuals deciding your fate.

Anyone now has the ability to inspire a community of everyday people, developers, entrepreneurs and consumers to get behind their vision. With the rise of Token Sales (also know as Initial Coin Offerings), people now have the ability to raise money for blockchain based startups or business by cultivating support from anyone. When done correctly, this builds a harmonious ecosystem of stakeholders, consisting not just of the company, but also of the investors, product users and developers.

Room for Improvement

Unfortunately, this harmonious ecosystem is rarely reached. The current method that Token Sales are carried out leaves gaping holes and deficiencies. These vulnerabilities have lead to phishing attempts, scams and hacks. In addition, the process for every Token Sale is different and lengthy. This creates a barrier of entry for new participants and reduces the number of repeat contributors.

Members of our team have personally fell victim to these inefficiencies. We bonded together over our downfalls and decided we could do something to help. Our goal was simple: make participating in Token Sales as simple and secure as possible so people could easily support the best blockchain startups and projects without the process of participating itself being a hindrance. Thus Gullin was born.

Gullin

Gullin enables participants to easily and securely participate in Token Sales. Our platform is designed to create an intuitive and simple process for contributing in Token Sales. A user signs up on Gullin platform and completes their KYC verification, our ‘one-time KYC.’

Once verified, the user will be able to participate in any Token Sale featured. To participate, they’d deposit Ether to their Gullin Wallet either by sending it from one of their wallets or from an exchange. They would then be able to participate in a particular Token Sale and once the transaction is confirmed by the Ethereum network, the tokens would appear on the user’s Gullin Wallet. Participating in future Token Sales will only require three steps: input amount to contribute, enter private key and send.

Security is a top priority for us. Therefore, we do not store our users’ private keys in our servers. We generate the wallets on the user’s client side and let the user store it themselves. To complete transactions, the user would then input their private key to confirm a transaction.

For more information, Here is a demo video of the Gullin platform.

We are excited to announce our launch. We have multiple active and upcoming Token Sales featured on Gullin.io and will be announcing more in the upcoming days and weeks. We hope you join us on our journey to make participating in Token Sales simpler and more secure. Reach out to us if you have any feedback or ideas of how we can improve our platform. We’d love to hear from you.

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