What is Giuffri?
Giuffri is project of cryptocurrencies exchanger platform, we foucused to build modern crypto Market with many feature and benefit to trader.
Giuffri wil provide many features for traders like: basic trading panel and Advanced trading panel, fast and reliable customer service, support many cryptocurrencies, the lowest trading fee.
The giuffri Network is a global co-op for blockchain data beginning with the provisioning of deep, granular, and historical blockchain data accessed through a unified API. Validators across the globe will act as points of presence (PoP) that will be rewarded for serving query requests from data consumers for their end-users. Penalties, or slashing, occurs when there are malicious actors in the network, or when inaccurate data is provided. Once all blockchain data is indexed, giuffri will begin to allow the ability to optionally join enterprise private data with public, blockchain data. Lastly, giuffri’s software developer kit (SDK) will be available for all developers to address the long-tail of use-cases with this rich data set.
Giuffri Unique Features
For the past 3 years, the giuffri team has been indexing the entire Ethereum blockchain, including every contract state, every single transaction, every single storage slot, into the giuffri Database. Early on, we recognized the need for access to deep, granular, and historical blockchain data and have built a robust system that 3 would supply this data accurately and reliably through a unified API. Due to the team’s enterprise background, we pride ourselves in building a product that is enterprise-grade which means reliability and robustness. This attention to quality has allowed us to sign on significant paying partners within the blockchain ecosystem, providing crucial blockchain data to organizations such as Consensys, SKALE Networks, CoinGecko, 0x, Zerion, and Zapper, just to name a few. Multiple enterprise customers are paying for our service, a clear signal from the market that this deep, granular, and historical data is highly valuable, despite free services such as Etherscan. Having achieved product-market fit, we are now planning to execute the next phase of giuffri, which is a progressive decentralization that will enable the giuffri Network to be operated by its users and incentivize them appropriately. As the interoperability and complexity of blockchain transactions increase, current approaches such as Etherscan fall short of providing a unified and fully transparent view of anything that’s more than a simple one-to-one transaction. Protocols and products that offer functionality such as custodial lending, staking, variable APRs, and more require giuffri’s API to gain insight into their complex transaction activity, and as blockchain transactions invariably become more complex, giuffri is the only off-the-shelf tool that is available for this.
Roadmap
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Giuffri Token Economy
We lay some of the critical use-cases we see for the token in the list below.
Infrastructure Currency
GIUFF will be used as the platform currency that powers interactions between users on the giuffri Network. Each time a query is responded to, the validator delivering the data will be compensated in GIUFF tokens. Those making requests for data (as customers) will however never interact with the GIUFF economy. Instead, their payments will be made in standard dollar figures and charged in stablecoins. This makes it possible for standard agreements and pre-set pricing to be made when a company chooses to use the giuffri Network for running its operations. It also protects them from speculating on the underlying currency.
Rewards for indexing, hosting, and serving query requests
Since a community of users can deliver data better than a single firm could, our philosophy is to expand the number of individuals serving data through the network. In many ways, this would be similar to vendors on Amazon. As the amount and types of data on the network increase with more indexers incentivized to provide data, giuffri Network’s footing in the industry will be better established. Users will be compensated for providing data-sets that are niche and hard to find. The compensation will be a split of the transaction fee from the buyer and our internal allocations kept aside for early adopters.
Multipliers for meeting Service Level Agreements
Users with the highest uptick and lowest latency for data on the network may be given a multiplier of their typical GIUFF rewards in tokens. This is in order to incentivize the use of better hardware and infrastructure to cater to data queries. Naturally, we will see a power law in terms of the leading vendors being able to afford increasingly sophisticated hardware and thereby increasing their share of rewards in the network.
Ultimately the benefits of this will pass on to the end-user who will have faster data queries for lower costs when compared to a traditional alternative. In the same vein, the Network may punish curators and indexers that fail to maintain high uptime. This will be done through a staking model where the vendor is expected to lock up a certain amount of GIUFF tokens to be a validator on the network. Validators that fail to maintain their uptime will see their GIUFF tokens reduced.
Delegation by the average user
In order to make it possible for users to be validators without taking all the risk of acquiring the necessary tokens on their own, we will make it possible for individuals with smaller token holdings to delegate their tokens to a third-party validator. These validators have the upside of being able to partake in the data economy without necessarily acquiring the GIUFF tokens on their own. The token-based incentives they receive would in turn be split with users that delegate on these networks.
Governance
The GIUFF token will be gradually used to remove the need for the giuffri team to be a key player for the management, storage, and relaying of data on the network, by allowing holders to vote on network features. Instead, we will have an ecosystem of multiple data- providers who are also able to make decisions about fee models, nature of the interaction between buyers and sellers, and the variety of data sold on the network without a single party deciding on it (for the avoidance of doubt, the right to vote is restricted solely to voting on features of the giuffri Network; the right to vote does not entitle GIUFF holders to vote on the operation and management of any entity developing the Network, its affiliates, or their assets, and does not constitute an equity interest in any of these entities). This is part of the reason why we give tokens to vendors on the network that provide data during the initial phases of the project. By incentivizing those that are net beneficial to the network, we are curating a community of the world’s best data-vendors to manage the marketplace.
Detailed Token Metrics
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Token Distribution
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Token Release Schedule
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Partners & Advisors
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Team Members
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Investors
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