The cryptocurrency market is the fastest growing market based on the 2017 capitalization figures. It surpassed the $600 billion mark more than quadrupling the capitalization in 2016. The total revenue generated by ICOs in 2017 was around $4 billion. However, 90 percent of the start-ups failed in less than six months. Some of them failed because the idea behind it was not sustainable while others were being used to scam investors of their hard-earned cash.Global Spy recognized the problem and came up with a solution to solve the conundrum in the industry.Global Spy offers a blockchain-based cryptocurrency research service for investors. Investors can acquire Spy tokens in the major exchanges around the world and pay for research services. Any cryptocurrency, crypto security or start-up put forward by an investor will be professionally analyzed to authenticate whether it is a scam or not.Global Spy is building a robust investigation platform with completely different approach. Our platform let's you sell our investigation report and earn benefit from information you bought. With almost 7 years of investigation history on many business areas Global Spy is the none and only who can do it.The only payment method we will accept on the platform is SPY-token. None of the services can be bought with any other method. This creates a demand that ensures that the need for SPY- token remains high. This is also needed for the way SPY token investigations can pay the customer back or even turn a profit for the customer who ordered a report.
Conceptualization of the idea after realizing that there is untapped demand in the market. It was decided that we will study crypto markets and possibilities crypto could give us.
Search for correct partners and databases with knowledge of the crypto world. Crypto business is so global that it was a key element for Global Spy to find correct investigation tools and databases from all the relevant countries. In preparations for changing legislation regarding ICOs in the United States, we have already hired a great investigator for US-based ICOs. If the ICO market opens for general US public, it would mean a new rush of promising ICOs. Preparation for the use of the blockchain technology in our future.
Preparation of the smart contracts and preparation for the token sale. This involved sensitizing the cryptocurrency community by running an ANN campaign to announce the token through the website and selected cryptocurrency blogs.
Preparation for the Initial coin offer. We developed an ICO webpage specifically for the token sale. Additionally, the web content developed in the 4 th quarter of 2017 was completed in this quarter.
The Initial coin offer is officially launched. The willing investors purchase coins, and they receive Spy tokens to ERC20 compatible wallets.
Listing to at least one of major exchanges. 10 % ICO profits to be used for marketing during 2018. Global Spy will buy a position on one of the major exchanges as soon as the tokens have been sent to investors after initial coin offer.
The launch of the beta version of the Global Spy platform.
Fully functional platform open for all customers Further development of research products. Another 10 % of ICO profits used for marketing during 2019
5.000.000 SPY-tokens shared with all holders since ICO.