IP2PGO, an escrow P2P marketplace, is launching its Reverse ICO on 1st May 2019
Unlike most ICOs which are done by start-ups or new companies without any commercialised products, IP2PGO App was launched in October 2018 and is now available as separate country Apps in 11 countries with over 4,800 registered users, 13 tokens are now listed and paired with 11 local currencies. Hence, the RICO is not for some future product which may not come to fruition as in some ICOs, but for a ready product that has already been commercialised.
IP2PGO is now expanding its eco-system by developing its own DEX (90% completed) and adopting a "Hub & Spoke" business model that will connect its localised IP2PGO Apps (crypto/fiat)
IP2PGO or GO token was issued in December 2018 as the platform token of IP2PGO App to reward participants of its various promotional programs.
The purpose of undertaking this 'Reverse ICO' campaign are to raise further funding in order to: i) improve the liquidity in the iP2PGO platforms by conducting market making activities, ii) to fund further growth by undertaking various marketing activities & iii) to expand the back-end infrastructure to accommodate more country Apps.
200,000,000 GO tokens has been allocated for the RICO. Subscription can only be done through the RICO page on https://ip2pgo.com from 1st May 2019. Further information on IP2PGO and RICO can be found on https://ip2pgo.com