Sep 8, 2020
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
➥ 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.
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.
Attention. There is a risk that unverified members are not actually members of the team
$1 710 400
$322 113 218
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 ASSESSMENTStrengths: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.
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