What is GoCrypto Token?
GoCrypto Token (GOC) is a cryptocurrency of the fastest-growing payment network, GoCrypto. The token is issued on the Binance Smart Chain (BSC), Polygon (MATIC), Smart Bitcoin Cash (smartBCH), and Bitcoin Cash (SLP) blockchains. As a multichain utility token, GOC is used for payment on the GoCrypto platform.
GoCrypto is a decentralized payment solution that allows users to access technologies that promote the daily use of cryptocurrencies. The platform enables shop owners to accept payment in crypto, which can be automatically converted into fiat or another cryptocurrency of choice. This allows consumers to pay for goods and services using crypto. The platform is powered by special software, tech, and compatible point-of-sale devices.
Use Cases of GoCrypto Tokens
As a utility token, GOC facilitates all transactions on the GoCrypto platform, as well as cross-chain transactions. The token is designed to play a significant role in promoting decentralized payments as well as acting as a governance token in the GOC DAO.
Built with its compatible wallet, Elly Wallet, users can pay for goods and services on the GoCrypto platform with the GOC token, and merchants will receive the payments in their preferred fiat currency or cryptocurrency. As a customer, all you need is a compatible wallet that you will use to scan the QR code and approve transactions on a POS device in a store.
The platform offers a token-back program where users of Elly Wallet can use GOC for shopping at physical and online stores and receive token-back rewards for every purchase they make.
GoCrypto coin can be moved through the GOC Bridge, which enables its fast and secure transfer between multiple chains.
You can check the live GOC price on the GoCrypto Token price chart above.
Who Founded GoCrypto?
GoCrypto was founded by Dejan Roljič, a prolific entrepreneur who has been in the European start-up space for many years. Dejan also founded ABC Accelerator, which connects start-ups all over Europe and in Silicon Valley. The GoCrypto is one of the two interesting projects founded under Eligma – a company for smart commerce solutions. GoCrypto is completing the missing puzzle of crypto payment solutions within the greater Eligma payment ecosystem.
Tokenomics of GoCrypto
GoCrypto (GOC) has a max supply of 327,902,034 tokens. The token is expected to grow in value and price over time due to its multichain nature, and the rapid growth of digital commerce powered by cryptocurrency. However, the GoCrypto token price is volatile, just like other crypto assets in the market today. Thus, check out the GOC price today on the live chart above to keep up with the project’s progress.