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Galaxy eSolutions

Non-Premium Refurbished Consumer Electronics

Ico Start Date: 28-Feb-18

Ico End Date: 31-Mar-18

Hong Kong

Galaxy eSolutions (GES) is a Global eCommerce marketplace for refurbished and pre-owned consumer electronics. Operating as an open source ecosystem and incorporating the hybrid P2P Blockchain platform onto one of the marketplaces for phone trade-in that has a direct C2B and B2B model. This blockchain will be used for recording details of the goods, the logistics and transactions. It will reduce inefficiencies caused in supply chain, and resolve any supplier credibility issues. The tokens will become utility tokens and will be able to be used on the blockchain platform as discounted listing fee and transactions.

Retail

About Galaxy eSolutions

  • Direct B2C/B2B model which will later evolve to become a marketplace and ecosystem (reduce market supply chain inefficiencies)
  • Strategic investment partnership with a fully licensed factory supplier which operates in a Shenzhen China bonded zone (Guarantees stable and quality supply, secures credit term, obtain supply chain advantage etc)
  • Work with factory partner to establish standard grading and stringent QC control and checks, and RMA program (quality assurance and remove grading inconsistencies)
  • Work with current investor, who owns one of the largest private logistics company, in direct freight and local fulfilment solutions
  • Raise fund backing to increase stock level in accordance to optimal stock level, and offer local fulfilment when deemed feasible (improve consumer experience)

MileStones

2016 Dec

1st NDBD country site launched.

2017 Jan

Reached 50 orders per day.

2017 Mar

1st YABphone site launched. Launch of Android-Reborn site. Reached 100 orders per day. Reached 1M USD monthly sales. 10 Country markets.

2017 May

Reached 1.5M USD monthly sales. 20 Country markets.

2017 Sep

Reached monthly operational break-even point. CNS obtained major share and management control and rights of Chinese Government authorised refurbishment factory (‘Furunzi’). ERP integration with Factory.

2017 Oct

Reached 2M USD monthly sales. Obtained Exclusive Supply Agreement from CNS and Furunzi. Reached investment agreement with CNS. Launched Employee Shares Scheme successfully.

2017 Nov

Launch ICO Presale. Prototype site MobileFreak built.

2017 Dec

Fully tailored production plan in place for GES. Launch ICO Official/Public.

2018 Jan

Start selling refurbished Samsung phones.

2018 Mar

MobileFreak phrase 1 launches.

2018 Jun

Start building Marketplace.

2018 Sep

MobileFreak phrase 2 launches

2018 Oct

Marketplace soft launches.

Financial

Token Info


Token

GES

Platform
Ethereum
Type

Price In ICO

1 ETH = 10,000 GES
Bonus
Available
Tokens for Sale
300000000

Investment Info


Minimum investment
0.1 ETH
Accepting
ETH
Distributed
89%
Hardcap
25000 ETH
Softcap

Statistics

Ratings

10%
Weight

Vasily Sumanov

Blockchain&ICO advisor, Economy researcher
Rated on 2017-11-27

12%
Weight

Nathan Christian

Blockchain Technology Consultant | End to End ICO Solutions |ICO Advisor
Rated on 2017-12-23

6%
Weight

Jared Polites

PR and Marketing Specialist | ICO Advisor | Writer at CryptoCoinsNews
Rated on 2018-01-05

One thing I always look for is an existing product or existing business. Galaxy has that track record in ecommerce and a legitimate reason to expand into blockchain. Overall, impressed with the team and product.

11%
Weight

Igor Karavaev

ico advisor and investor
Rated on 2018-01-11

12%
Weight

Ian Scarffe

Blockchain ICO Consultant / Advisor. Founder at Crypto Consulting and Investments LTD.
Rated on 2018-02-07

11%
Weight

Douglas Lyons

Unicorn Hunter, Miner, ICO Advisor and Angel Investor.
Rated on 2018-02-23

i do not see this as providing a "blockchain solution"

11%
Weight

Mofassair Hossain

CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert
Rated on 2018-02-24

27%
Weight

Benchy

ICO Analyzer Bot
Rated on 2018-03-08

4

8 expert ratings

4.1

SEA PROFILE

4.2

TEAM

4

VISION

3.9

PRODUCT

value of tokens sold in ICO

~$ 300,000,000

Status

Ended


Token
GES
Price
1 ETH = 10,000 GES
Bonus
Available
Bounty
Platform
Ethereum
Accepting
ETH
Minimum investment
0.1 ETH
Country
Hong Kong
Whitelist/KYC
unknown
Restricted areas


ICO KYC Report

0 members Invited