Gather

Gather

Created using Figma
Created using Figma

Last Update

Sep 8, 2020

Digital Monetization via Processing Power Gather is a platform that allows publishers to monetize without ads, provides businesses & developers to access cheap and reliable processing power.
Seed Round
Mar 1, 2018
Mar 5, 2018
100% completed
$325 400
100% goal completed
past
  • 1 GTH
    =
    0.0144 USD
Token Details
Ticker
GTH
Total supply
400000000
Token Distribution
Seed - 5.63%
Platform and partnerships -7.50%
Tokens for sale - 7.50%
Ecosystem (Foundation) - 48.37%
Marketing/Business Development - 12.50%
Team & Founders - 12.50%
Advisor - 6.00%
Accepted Currencies
ETH
Company Details
Registered Company Name
Gath3r LTD
Registered Country
United Arab Emirates, India, Romania
Company Founded
Mar 15, 2018
Additional Details
MVP/Prototype
Yes
Platform
Ethereum
Categories
Platform

About Gather

Gather Online
Scaleable and Predictable Revenue
We allow web and mobile developers monetize from end-user processing power


Gather Enterprise
Reliable Consultancy Services
We provide consultancy services and proprietary tooling for web developers businesses and crypto networks


Gather Cloud
Affordable Processing Power
We keep the cost of processing power economical for enterprises while providing developers the benefits of Proof Of Work grade security without sourcing miners

Features

➥ Smart Contract interaction between child chains - This Smart Contract capability permits the interoperability of block chains through Gath3r and Private master nodes. These Smart Contracts can be deployed directly from a GUI and can trigger cross-network transactions and tasks based on pre-defined conditions.

➥  Master nodes - Allowing GTH holders to earn monthly fixed rewards through staking, in return helping to secure the network. With the help of private master nodes, Gath3r acts as a unifying bond between blockchain ecosystems.

Transparency In An Increasingly Privacy Focused World

A major point of differentiation for Gath3r is the transparency of the opt-in process. Visitors are made aware of the system when they access the website or app, through a pop-up similar to the ones users see for cookies. To participate in mining, they must opt-in. The Gath3r software ensures that the user’s device will not be overburdened or noticeably slowed down.

 

Users Benefit Too

Gath3r’s Loyalty Program allows website/app owners to give back to their visitors through rewards in the form of Gath3r coins. Adding on to the original Loyalty Program, loyalty coins earned by website viewers can automatically be transferred into a web-based staking wallet. This also applies to websites as well; their coins can automatically be staked. This, alongside the Paywall Program, ensure the community benefits as well.

 

Designed to Scale

The Gath3r miner can pay out in Gath3r coins (GTH), BTC or, where supported, in local currency. This, alongside the unique merged mining capability that increases profitability, all based on a hybrid PoS and PoW blockchain, ensure the expanded functionality and scalability of Gath3r. The Masternodes will contain the bulk of the blockchain and will provide GTH holders with the opportunity to earn rewards, while the lite nodes will serve as the base of the web-miner.

Moreover, Gath3r is built as a turnkey solution that allows developers to fork or clone an existing blockchain and develop and deploy their own platforms, expanding Gath3r’s technology across new boundaries.

The software platform is robust and can handle large loads of websites and/or applications and their subsequent users.

A Return to Crypto’s Decentralized Roots

Current mining processes are increasingly centralized, due to the enormous computational power required to conduct the usual successful mining, a concentration that threatens the core value of blockchains.

Web browser crypto mining decentralizes the mining process. Moreover, the use of merged mining creates an additional hash rate for auxiliary chains, also increasing the security of their networks.

 

A Win-Win

Decentralized mining with web browsers offers a safe and transparent revenue stream for publishers, a safe and private way for users to reward their favorite apps and publishers, and a way for publishers to share revenue with their most valuable users. It offers what the creators of Gath3r describe as a win-win situation for the website and app owners, as well as for their users: owners can optimize the way they monetize their sites and apps, while their users can enjoy a potentially ad-free user experience and participate in financial rewards for contributing to the mining process. On the turn side, businesses and developers can also benefit from the one-stop-shop forking solution by being able to create new blockchain platforms without financial and technical headaches.

 

Funding the Future

Part of the capital will be allocated to the Gath3r Foundation - Its purpose is to help increase adoption of the GTH chain by awarding grants (both in GTH and FIAT) to promising projects/developers who would then build on the GTH chain. Additionally, their secondary objective is to act as custodian and deploy funds if in case there are fiscal troubles with the GTH coin on the market. Gath3r has a holding company has no control over the foundation, the foundation board would be made up of a majority of external stakeholders and a minority of Gath3r founders/advisors.

Gather Roadmap

  • Q1 2018

  • Seed round
  • Q2 2018

  • Proof of concept
  • Q3 2018

  • MVP
    Private sale
  • Q4 2018

  • Web-Miner | Platform Launch
  • Read More
  • Q1 2019

  • Beta Testing
  • Q2 2019

  • Web Staking Wallets | Beta Testing
  • Q3 2019

  • Fiat Payouts | POC Merged Mining
  • Q4 2019

  • New Partners | Target Marketing
  • Q1 2020

  • Gather Testnet | Masternodes | Paywall/Loyalty Programs
  • Q2 2020

  • Mainnet Launch | Token Swap | Gather Foundation
  • Q3 2020

  • Target for over 12 Child Chains | 100,000+ Publishers

Activity

Followers:
10 175
VERY HIGH
Tweets:
916
VERY HIGH
30 Days Growth:
1010

Gather Team

Verified 73%

Attention. There is a risk that unverified members are not actually members of the team

2 ICO

$325 400

Raghav Reggie Jerath
FOUNDER & CEO
verified

2 ICO

$325 400

Ayhan Gungor
CMO
unverified

2 ICO

$325 400

Udit Sharma
CO-FOUNDER & COO
verified
Farrukh Shaikh
CO-FOUNDER & CFO
verified
Steven Young
GENERAL COUNSEL
unverified
Rachel Long
COMMUNITY MANAGER
verified
Mirna Baqi
COMMUNITY MANAGER
verified

2 ICO

$1 710 400

Boris Serebrov
CTO, BLOCKCHAIN SOLUTIONS ARCHITECT
verified

2 ICO

$325 400

Nick Ivanov
SMART CONTRACTS GURU AND BLOCKCHAIN DEVELOPER
unverified
Alex Ewetumo
BLOCKCHAIN DEVELOPER
verified
Florin Andrieseio
BACKEND DEVELOPER
verified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Viacheslav Shybaiev
TECHNICAL ADVISOR
unverified
Jake Baval
COMMUNITY ADVISOR
unverified
Tom Attea
CREATIVE ADVISOR
unverified
John Kim
STRATEGIC ADVISOR
unverified
Narendra Nag
MARKETING ADVISOR
unverified

53 ICOs

$322 113 218

David Drake
ADVISOR
unverified
Patrick Devereaux
Financial Advisor
unverified

Gather Interviews

Raghav Reggie Jerath
As a team member, сan you tell us about your role in the ICO project?
As the CEO, I help drive the overall strategy of the business along with our board and advisory, my day to day tasks includes setting up short-term goals for the various departments to ensure we are able to meet our long-term objectives. Additionally, I also handle external stakeholder relations.
What do you think about idea?
When I first came across the idea of web mining I was awestruck, the simple notion of using spare resources to monetize websites was and is revolutionary. No one really likes ads, at least the vast majority, it's an age-old industry with no major disruption. Gath3r is here to innovate and create a fair and transparent way for websites and applications to make money, while rewarding their users.
Udit Sharma
As a team member, сan you tell us about your role in the ICO project?
I look into the operations part that includes working closely with the other teams and taking care of the customer service.
Also work in the KYC AML compliance check for our users.
I have been working on researching on which coin to mine and it's profitibilty.
What do you think about idea?
The idea is brilliant; who wants to see ads while browsing any website or playing games on mobile. These ads disrupt the user experience. By using Gath3r people can enjoy ads free content and webmasters can be rewarded.
Farrukh Shaikh
As a team member, сan you tell us about your role in the ICO project?
I helped work on the tokenomics and crypto related aspects of the project. I also handle all the finances for the Company at this stage.
What do you think about idea?
We believe this is a very lucrative and mostly untapped market utilizing crypto to provide alternatives to ads for websites. The tokens will be used for staking in the future and will be burned with revenue as well to ensure that token holders share in the success of the company in the future.
Rachel Long
As a team member, сan you tell us about your role in the ICO project?
I work as one of the community managers here at Gath3r. It is my responsibility to ensure that there is an active presence across our social media accounts and Telegram group. I am also involved in the marketing side of Gath3r, including writing blogs and aiding with post conceptualization.
What do you think about idea?
Gath3r is a revolutionary idea as it changes the way that you can earn revenue throughout websites and applications. By providing businesses an alternative way to generate revenue, that does not include further advertisements but rather eliminates them, it will encourage people to stay engaged on the website or application for longer.
Mirna Baqi
As a team member, сan you tell us about your role in the ICO project?
I work as a community manager, I also do the social media marketing in terms of copy writing and post conceptualising.
What do you think about idea?
Revolutionary idea with a lot to offer, very useful for both end users and clients. Helps maintain a loyal user base.
Boris Serebrov
As a team member, сan you tell us about your role in the ICO project?
Working on the platform architecture, research, requirements specification, development workflow and, together with other developers, on backend implementation and automatic testing.
What do you think about idea?
I think paying for website content with some computing power is a good alternative to annoying ads if it is done in a transparent way, with the explicit agreement of the website visitor.
Alex Ewetumo
As a team member, сan you tell us about your role in the ICO project?
A great project delivering a great income alternative for website owners who desire to provide better user experience without annoying ads which have become very much unwanted by users. I very much believe it is a project worthy of support from investors.
What do you think about idea?
A great idea that will definitely push forward the alternative incoming earning sector, allow diverse means of finance generation both for web owners but more so, developing technology that further advances the available implementation of bring the blockchain and mining to all web users.
Florin Andrieseio
As a team member, сan you tell us about your role in the ICO project?
Working at ICO project as a backend developer and blockchain developer is a challenge. With high-level technology I helped in creating a virtual environment for future engineering in blockchain and virtual transactions, to build the development in app from zero to hero.
What do you think about idea?
Nowadays the technology must keep up with the market request so I think the idea of ICO is on point solution for future because meets the virtual wallet role to eliminate the need for exchanges and making global commerce easier.
N/A
5.0 2
ICO Profile Vision Activity Potential Product Team

Gather Reviews

icopools.io
analysis

Project advantages:
End-users will be rewarded in GTH for sharing their mining power.
There is an MVP of the product (access can be provided after a registration in early adopters program).
For mining will be available Monero and other cryptocurrencies.
Payouts for webmasters can be received in fiat currencies, BTC and GTH.
In the future team has plans to integrate Paywall Program, that will allow webmasters to collect payments in GTH in lieu website mining.
With very high site/app traffic and good market conditions product can be a good alternative/addition for ad marketing.
End-users have the option to choose if they want to participate (competitors already implemented such function).
Webmasters can specify the limit of computing power, that end-users can share (competitors already implemented such function).
15% commission (while Coinhive is charging 30%).
Implementation of GPU mining will allow to increase an income in a number of hashes per second up to 80-100 (while competitors only use CPU).
End-user’s mining progress will continue, when he will get back to the site.
According to the provided result of the stress-test, under a 100% usage of Gath3r all devices won’t experience big heat increase and will be slow down just a little bit.

RISK ASSESSMENT
Strengths:
End-users will be rewarded in GTH for sharing their mining power.
There is an MVP of the product (access can be provided after a registration in early adopters program).
For mining will be available Monero and other cryptocurrencies.
Payouts for webmasters can be received in fiat currencies, BTC and GTH.
In the future team has plans to integrate Paywall Program, that will allow webmasters to collect payments in GTH in lieu website mining.
With very high site/app traffic and good market conditions product can be a good alternative/addition for ad marketing.
End-users have the option to choose if they want to participate (competitors already implemented such function).
Webmasters can specify the limit of computing power, that end-users can share (competitors already implemented such function).
15% commission (while Coinhive is charging 30%).
Implementation of GPU mining will allow to increase an income in a number of hashes per second up to 80-100 (while competitors only use CPU).
End-user’s mining progress will continue, when he will get back to the site.
According to the provided result of the stress-test, under a 100% usage of Gath3r all devices won’t experience big heat increase and will be slow down just a little bit.
Team has provided a sheet with calculation of revenue of use of Gath3r mining Monero at 75 H/s (25 CPU, 50 GPU - with comments on tech specs and hashrate) and taking price $ 175 with explanation of numbers (one and two). Plus, they have provided calculations for CPU+GPU mining.
The project has partnered with the software development company Beemster and some employees of that company (developers with many years of software development experience) are working as the part of the Gath3r team;
Technical Advisor has large experience in software development;
Concept of the project looks promising;
Team has provided result of the audit of smart contracts by third-party.
Code development is active (yet it’s repositories are not public).
Weaknesses:
There is no confirmation of claimed investments from large investors in the open sources;
It would be better if allocation for Team will be separated from Advisors with a specified exact percentage for each one.
The project has not published code on the GitHub, since the technology proprietary and they do not want to make their code public (yet team has provided screenshots of the activity on the code development).
The roadmap doesn’t provide deep technical details on the platform development and it’s not clear how development will be performed after Q2 2019. Roadmap looks not final.
To raise large revenue with mining site / app already should has high network traffic / large audience. And if site / app will has such metrics, it rather will use ads, because revenue will be bigger.
Bonuses for the Private Sale is too high.
The Soft cap is more than 8 times smaller than the Hard cap.
Blockchain doesn’t guarantee, that the performance of the marketing campaign is not fake (numbers can still be cheated by bots, etc.) – it only shows information in a transparent way.
David is an adviser for more than 50 projects at a time. There is a problem with the focus and quality of activities.
Social activity of the project is low.
Although project has not many competitors, financial indicators of them are very low.
System is currently centralized.

Read More
  • Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels.
  • This information is not a suggestion or advice on investing in ICO funding. Please thoroughly investigate the relevant information yourself and decide on ICO participation.
  • If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us.
Please read the disclaimer and risk warning. Show disclaimer and risk warning.
Planning an ICO? We can help with a wide range of support for all stages of your ICO