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Coin Governance System

Coin Governance System

Created using Figma

Last Update

Jul 2, 2018

The Coin Governance System and CGS Coin functionalities described in the ongoing part corresponds to the initial plan of the MVP. There are several additional functionalities that can be built on the platform and that will be demounted, along with any other intoxicating ideas that may appear.
Public Sale
Sep, 2018
Oct, 2018
100% completed
Raised funds - no Data
past
Token Details
Ticker
CGS
Company Details
Registered Country
Gibraltar
Bonus Structure
Available
Additional Details
MVP/Prototype
Yes
Platform
Ethereum
Whitelist
Yes ,
Categories
Platform

About Coin Governance System

If an ICO implements the CGS, the raised funds will be held in an escrow smart contract and released gradually to the ICO project.

But, if at a certain point an ICO investor is not happy with the progress, he/she can submit a claim to the CGS by depositing ICO tokens. If this claim receives enough support from other token holders, it gets opened and handled by a decentralized judge: the community of CGS Arbiters. 

They will be asked whether they think the ICO project is doing a proper use of the funds or not. If the majority believes the claim is rightful, the smart contract goes into a temporary withdraw mode and all unhappy ICO token holders can send back their tokens and recover the remaining funds left in the escrow smart contract. 

The CGS Arbiters vote through a secret vote and reveal process and are incentivized to vote correctly since they can win more CGS tokens by voting correctly (majority outcome) or can lose tokens by voting incorrectly (the minority outcome). 

More information on https://cgs.vote. You can try our MVP by following this link: https://cgs.vote. 

Features

- Open source protocol

- Decentralized community in charge of resolving disputes, who are incentivized with CGS tokens to vote correctly. 

Technical Info

- Open Source 

- Protocol

- Ethereum based

- ERC-20 token 

Coin Governance System Roadmap

  • MVP has been launched

  • The CGS testnet is working currently on the Kovan Testnet of Ethereum. You can try it yourself by visiting https://testnet.cgs.vote.

  • Testing Phase - Rewards for feedback

  • At the moment, we're in the testing phase. Users will receive testnet tokens to try the product and give feedback. Testers and users that help improve the platform will be incentivized with mainnet CGS tokens.

  • Pre ICO: 31/05/2018 - 30/06/2018

  • Pre ICO: a private token sale will take place prior the public one for a limited amount of participants. Ends 30/06/2018.

  • ICO: 01/07/2018 - 31/07/2018

  • Our Public Sale will start 01/07/2018 and ends 31/07/2018.
    • Read More

  • Q3 2018: Publication CGS on the Ethereum Mainnet

  • Beta Release: this milestone marks the publication of the first working version of the CGS platform on the Ethereum Mainnet.

  • Q3 2018: First real ICOs will be published on CGS

  • Investors will enjoy the protection of the CGS for the first time in live ICO

  • Q4: V 0.5 Limited Version

  • More projects will be included in the CGS. The projects will be manually added after a prior review to avoid spam and
    monitor the proper functioning of the platform.

  • Q4 2018/Q1 2019: V 1.0 Open Version

  • The CGS platform will be open for any ICO. The governance of the system will be delegated to the CGS community, that will decide through votings the certain parameters of the platform, such as number of tokens needed to create a project, etc.

Coin Governance System Team

Verified 67%

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

Alejandro Gómez De L...
CEO
verified
Adrián Calvo
CTO
verified
Pablo Moreno De La C...
COO
verified
Carlos Kuchkovsky
Chairman
unverified
Anne-Lous Van Den En...
CMO
verified
Carlos Mora Azcutia
Software Architect
unverified
Fernando Alamillo
Business Development
verified
Ilenia Piana
Community Manager
verified
Esperanza Arquero
Graphic Designer
unverified

Coin Governance System Interviews

Alejandro Gómez de la Cruz
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am the cofounder and CEO of Coin Governance System. We strongly believe that self-governance is the key to scale the ICO ecosystem: through investors protection.
Adrián Calvo
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
One of the main advantages of the CGS is that it can be included in any ICO very easily. It doesn't require any development effort. It's a separate module easily configurable that in most cases, it only requires the change of 1 line of code of the ICO smart contract.
Pablo Moreno de la Cova
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Blockchain technology is extremely powerful and resilient to external attempts to control it. It can only be efficiently controlled through on-chain governance mechanisms such as the Coin Governance System
Anne-Lous van den Ende
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
The Coin Governance System is an on-chain insurance mechanism that allows ICO investors to withdraw the funds contributed in case an ICO turns out to be a scams or have bad execution.

I believe ICOs have proven their potential as a fundraising mechanism but that there is an increasing need for Governance to make them safer and more attractive for investors.
Fernando Alamillo
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Work on partnerships and help companies implement the CGS
Ilenia Piana
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am in charge of contents. The idea is focused on creating a safe ecosystem, protecting investors from scams and bad practices. It provides a solution to the lack of governance. It solves a growing need, providing an on-chain insurance mechanism.

Coin Governance System Last News

N/A
5.0 10
ICO Profile Vision Activity Potential Product Team
Do not agree with our rating?
icomarks
7.4
cgs.vote

Coin Governance System Reviews

expert-coin.com
reviews

Project strong sides: interesting idea, existing testnet, strong team.

Project weak sides: lack of business plan and marketing details.

So our position is weak positive.

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