Great North Compass

not to get lost in the financial system

Great North Compass (GN Compass) is an innovative credit system that is completely built on the blockchain technology system. In other words, it can be said that this is a new guide, a new compass in the modern financial system.

Look at the official video about the new credit system:

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Thanks to Cryptocurrency-Backed Loans ™, Compass offers investors a good return on investment and additional security for all invested funds.

The crediting process:

Investors invest in a pool for a certain percentage (interest rate), while the amount of investment will be supported by Compas tokens (GNCT) tokens.

Then the amount of investment is allocated to borrowers. Borrowers pay loans (body plus interest) to creditors.All transactions are checked and conducted on the Ethereum Blockchain currency operations platform.

GN Compass introduced Cryptocurrency-Backed Loans ™ to create constant liquidity in the lending market. This is achieved by giving investors the opportunity to sell part of the loans from their portfolio. Investors are not limited by the term of the loan and can liquidate loans for any reason (for example, financial difficulties, increase in the price of GNCT, etc.) only after passing a certain period of time to prohibit sales.

Buying, investors will receive income from loans repaid back by borrowers, while at the time of sale the investor still makes a profit. The use of blockchain technology to verify and pass all transactions through the Ethereum network guarantees transparency.

ICO - sale of tokens

The sale of Compas tokens (GNCT), that is ICO, will take place from January 29 to February 28, 2018.

To take part in the purchase, you need to visit the official website during this period.

The total number of ERC20 tokens will be 1,000,000,000 GNCT. The estimated cost will be $ 0.14 per 1 GNCT.

The site has a technical document (White Paper), which describes all the main technical aspects of the project. In Russian, this document is available at https://drive.google.com/file/d/1eGRWRgJoQc7Z5LlBCjWTZUGmoJJfqXzc/view

Project development plan

Q2 2017:

RESEARCH AND DEVELOPMENT OF THE CONCEPT.

Q3 2017:

CREATION OF COMPANIES AND EXPANSION OF THE COMMAND STATUS.

Q4 2017:

CONSTRUCTION OF THE BASIC STRATEGY AND FUNCTIONALITY. BEGINNING THE DEVELOPMENT OF THE PRODUCT. DEVELOPMENT ERC20 TOKENS AND MULTI SIG.

Q1 2018:

INCREASE OF STARTING FINANCING (PRIMARY FORGED TOKEN). LAUNCH OF THE CAMPAIGN ON MARKETING GN COMPASS.

Q2 2018:

EXPANDING THE STATE OF STAFF. TESTING GN COMPASS SMART CONTRACT AND TESTING ERRORS.

Q4 2018:

ISSUE THE COMPASS PLATFORM FOR ANDROID AND iOS.

Command

Michael is a creditor, a specialist in financial technology and an entrepreneur.

Currently he is the owner of Great North Capital Inc. - a financial company specializing in providing loans for personal and small businesses. Michael has extensive knowledge of the Bitcoin and Ethereum platforms, focusing on blockchain technologies and potential opportunities in the financial industry.

Jean Pierre is a CPA with a Master of Business Administration degree.

He specializes in accounting, business management with analytics and strategic planning. He is also a two-time author of business and business books.

Jordan is a computer engineer and has been working professionally in this field for over 7 years.

Links to the social networking team are available on the site.

Also there is a team of consultants, they can also be read in detail on the website if you want.

The official site is https://www.gncompass.com/ )

Technical paper ( https://www.gncompass.com/wp-content/uploads/2018/01/ GN-Compass-whitepaper.pdf )