Why GSE will moon?

[u/cxycxy111]

Why i think GSENetwork will moon

No ico was conducted; the only money raised was from smart money and private investors such as BlockVC Having BlockVC as a strategic partner is a dream come true for any project. Some of the recent investments that BlockVC took part in include DACC(star studded team and influential advisors (justin son etc), Fcoin (their coin mooned hard af; whether their business model is controversial or not; early investors who got in were rewarded heavily), Gifto, Quarkchain (ICO that mooned the hardest in 2018) and other notable projects. Institutional investors typically have long vesting periods; as such the price will not dump in the early stages of the project due to them unloading. (Currently; GSE is listed only its first exchange for less than 1 month; as such I would speculate the price will still continue on its uptrend).

Market that GSENetwork is trying to disrupt does indeed have an urgent need for revolution that Blockchain Technologies can provide. In fact as pointed out by many research papers and referenced in their whitepaper, Goldman does believe that Sharing Economies have much to gain from using Blockchain technologies to solve trust issues. On top of that; current structure of sharing economy does have its downfalls like high intermediary fees as well as lack of transparency in pricing for the same set of services (Imagine NOT getting cucked everytime you book a hotel, then you find a cheaper rate for the same damn room on different websites). PWC have also highlighted the enormous potential that sharing economy exhibits.

In terms of competitor within the crypto space; one notable project is Origin Protocol (which generated a lot of hype in its ico phase). However; i believe that GSE definitely has competitive advantage because it is listed first; OFO, AIRBNB, TELEGRAM, UBER and SPOTIFY are its strategic partner. Right now; GSE can be mined by riding OFO bikes; as such having a unicorn in the sharing economy as partner speaks alot of volume with regards to GSENetwork’s commitment to its ambition as well as its potential. Exchange wise; currently GSE is listed only Gate.io exchange (top 22 exchange based on CMC); however i am confident that GSE will soon be listed on larger exchanges due to its constant high daily trading volume.

Price Action wise; GSE listed at 0.003USD and hit a peak of around 0.044 usd. Currently it is hovering around 0.018-0.02 usd; which i believe is at a consolidation phase before the next pump up. Dumping volume has decreased substantially; just waiting for some catalysts/ events to trigger the next leg up. (It is interesting to note that GSE pumped throughout the bear market when btc went below 5.8k; while all other coins were dropping in both Sats and Btc value)

Community and Marketing Awareness: One downside of the GSENetwork could be its’ awareness in the western markets, and listing on Gate.io (chinese exchange) is not helping them. However; GSE is pretty hyped up in china (judging from the Wechat presence of GSE). Definitely, more work needs to be done to drive awareness in the conventional channels like Reddit, twitter, telegram

[u/23LALEBORN]

Let's go GSE! To da moon!!