AMA Answers. Part 1Once again we are excited to share with you the answers to the questions our community has asked during the last session! We covered a lot of topics, which is why we have decided to split the post into three! So, the first part of the AMA with the GIIS INITIATIVE speaker is here!
Q1) Can you briefly describe what is GIIS INITIATIVE ?
We would like to know more about it and how it works.
I won't be going into much detail, as it can get rather technically boring for some of the readers. But the essence of it is that GIIS stands for Global ICO Insurance System. As the name suggests, we are looking to act as an insurance system for the less fortunate ICO projects, therefore giving them a second chance, whilst protecting the investment amount of the ICO participants.
Q2) What are your main features that distinguish you from other similar projects and what competitive advantages do you have ahead of them?
Well, to be honest, there are simply no competitors in this process so far. At least to my knowledge.
Most of the ICO projects and blockchain projects generally are focused on their own thing, they do not expand into other projects and collaborations. As opposed to this, we in fact do and constantly look for new partnerships that everyone can benefit from: us, the partner and especially the customers.
In fact the whole idea of the GIIS appeared once we successfully worked through our own insurance that we promised back in the pre-ICO days. Having seen how happy the clients were, the idea to expand into 'not our own' projects arose.
Q3) How does an ico project apply for GIIS?
It's quite simple - the contact form on the official GIIS page is the easiest way to get in touch with us and certainly to get our attention. A member of the team would then reply to schedule an online chat and to take it from there. There is a simple questionnaire for such projects which helps us to quickly understand where we can assist. However, please note that not any ICO project can be accepted as our specialized department does the necessary checks to avoid scammers and otherwise bad projects.
You can learn more here:
https://www.youtube.com/watch?v=ykasvPhHiI0 Q4) How is community important for an initiative project like GIIS INITIATIVE? And how do you wish to expand the community?
Of course a large and understanding community is always beneficial to any project. The faster the word spreads - the better! That is one of the reasons we enjoy having been invited to such communities as yours! Since we have been on the market for a number of years, we have a great team of specialists that know how to promote such online projects, get a large reach and target the needed communities. But, of course, this works even better when a product or a service is outstanding and helps people to save and even earn on their investment. That's why we have a number of specialists that do their best to deliver a product beneficial for all parties involved, whilst the 'online guys' do their best to reach out to the larger audience
Q5) What are the upcoming development in GIIS INITIATIVE that will be reflected soon as per the roadmap?
Well, in terms of the overall development we are looking for the new projects as we speak, we conduct our research on some of the projects that we've already been in touch with and are looking to onboard some that were verified. Moreover, anyone can see the roadmap and the phases of the projects on the website, it's obviously not a secret and we encourage people to check it frequently!
At the bottom of the
https://giis.lh-crypto.com page one can see the projects and their relative phases. Additionally, we announce our current discussions with the other projects on all sorts of social media, so please subscribe to be up-to-date.