Business Model and Purpose:
Geton Startup Ecosystem was designed on believing the world would be a better place if innovative startups and their backers could earn their worth within a fully transparent, digital, and independent ecosystem of equal opportunities (Whitepaper).
Geton's Business Operations:
1. Providing a trading-exchanging environment for GROSH Vouchers:
GroshCoin (GROSH), as a native and utility (transfer) token between Gx wallets, was interchangeable into/from the EUR balance through a dedicated mechanism of Depositing (buying GROSH Vouchers) and Withdrawing (selling GROSH Vouchers).
Through the "Deposit" function, the user submitted a request to purchase a GROSH voucher. According to the requestor order, a form with purchase details (Proforma Invoice) was generated, available to save, download, print, or share with anyone.
The purchase of GROSH vouchers was possible through:
- EUR transfer to the bank account of GETON d.o.o. (Banka LON, Intesa Sanpaolo, Revolut)
- BTC or ETH via the Coinbase platform interface – received BTC or ETH were instantly converted into EUR.
Users bought GROSH vouchers only from those who were selling them – either to exchange GROSH for EUR or BTC. The user paid a commission fee upon purchasing a voucher, which constituted Geton's revenue. All these transfers were correctly recorded and displayed in Geton's financial records.
The exchange of GROSH vouchers into EUR was carried out in the same sequence as the exchange of EUR into the GROSH Vouchers – from the oldest requests to the newest. A user wishing to exchange their GROSH voucher has submitted a request through the "Withdraw" function. According to the requestor order, a form with exchange details (Proforma Invoice) was generated, available to save, download, print or share with anyone from the user's profile. In late 2020, the "Swap" function was added to this mechanism, where successfully exchanged GroshCoins were displayed in the EuroGrosh balance. The user paid a commission fee upon voucher exchange, which constituted Geton's revenue. All these transfers were correctly recorded and displayed in Geton's financial records.

2. Mechanism for distribution - releasing project cryptocurrencies into circulation:
Each project cryptocurrency had a dedicated platform where users received it as a reward for performing operations with the specific cryptocurrency.
The Distribution Algorithm (DPMC) operated in such a way that as the quantity of undistributed cryptocurrency decreased (mining principle), the calculated price of that cryptocurrency proportionally increased - up to the maximum and predetermined final price. Cryptocurrencies were (and are) created on the Ethereum network. In the Geton ecosystem, they were distributed in so-called cold wallets, which are standard in the cryptocurrency world.

Geton's system wallets are on the Ethereum network, publicly visible as follows:
- Business Development Supply (BDS) - issuance intended for circulation through user activities on the project platform (subscribing, using functionalities, sharing,...).
- Ecosystem Supply - a collection of all the coins that users had in their e-wallets within the Grossus Blockchain network.
- Liquidity pool - issuance that accumulated based on the operation of the GROSH Mining Stake mechanism, where the algorithm for each user's "stake" releases a proportional amount of new GROSH issuance into circulation (mining).

3. Cryptocurrencies and their project platforms:
- PiplCoin (PIPL) - was released into circulation through the PiplShare platform, intended for promoting and conducting activities of independent contractors (freelancing), where each newly registered user received an appropriate amount of PiplCoin cryptocurrency. Users were able to use it to pay each other for ordered and acomplished services - within the platform. A total of 193,934 users registered on the PiplShare platform.
- PronCoin (PRON) - was released into circulation through the PronWorld platform, dedicated to promoting and conducting activities related to adult content broadcasting, where each newly registered user received an appropriate amount of PronCoin cryptocurrency. Users also received a certain amount of content views, increasing the popularity of the platform. Media outlets wrote about this business model as early as 2018, when the project was presented at an exhibition in Las Vegas, in 2018 at a trade fair in Lisboa, and in the same year, this business model received an innovation award at the Venus Berlin trade fair. A total of 133,549 users registered on the PronWorld platform.
- GetonCoin (GETON) - was released into circulation through the GetonHealth platform, dedicated to promoting and conducting advertising and trading activities related to health and beauty products. The e-commerce was based on the "multi-vendor" concept, which means that interested sellers on this platform sold their products on their own, and the algorithm distributed (released into circulation) additional issuances of the GetonCoin cryptocurrency to buyers or newly registered users. The first merchant was the company Vivo Plus from Serbia, with products containing honey and natural materials. This provider was actually the initiator of the development of this platform. A total of 138,317 users registered on the GetonHealth platform.

The Geton Team was also hired to develop and deploy ERC-20 tokenised interfaces for the following prominent clients:
• LifeOnScreen Token (LOS) – LifeOnScreen platform – advertising;
• Canabio (CNB) – Canabio platform – alternative medicine and healing;
• CryptoBoard (CBDX) – CryptoBoardMedia – cryptocurrency media platform;
• AirPod Token (APOD) – the concept of sleep pods for airports;
• CarbCoin (CARB) – LTC - promoting organic waste innovative low-temperature combusting technology.

The Geton Ecosystem originally consisted of the following platforms: GetonFund (collection of all ecosystem wallets), GetonDirect (mechanism for buying and selling ecosystem cryptocurrencies on the CREX24 exchange), GetonPlus (registry of projects supported by ecosystem cryptocurrencies and a platform for transferring coins to the Ethereum network and from it to Grossus Blockchain, to Gx... e-wallets => Geton's original network for execution and public display of transactions) and the first version of GetonExchange, operating directly on the Ethereum network.
Since 2017, we have created various ERC-20 cryptocurrencies on the Ethereum network for various clients. For each of them, a Whitepaper was prepared, published on the BTC Talk forum, and shared on social networks, and for certain projects, a beta version of the platform was also developed and published.

4. Marketing platforms:
These platforms were designed to execute cryptocurrency trading mechanisms and simultaneously release new issuances of the GroshCoin (GROSH) cryptocurrency into circulation – mining. The planned and executed final supply of GROSH was 210 M, and the release mechanism – the mining algorithm – was GROSH Mining Stake. This was used by all users, and it worked as follows:
• The user selected the desired package in their profile.
• With the issuance of their GroshCoin (in the Gx...e-wallet), users purchased the desired ecosystem's cryptocurrency from the "Liquidity Pool". Partly (from 36% to 45% of spent GroshCoin) was distributed as selling income in an 8 or 9-level referral structure of the buyer, while the remaining 64% or 54% went into the "Liquidity Pool". From there, the purchased cryptocurrency was sent to the user's profile, and the algorithm started selling it for 100 days.
• Based on the current value of the purchased cryptocurrency package in GroshCoin, the algorithm maintained the same value of that cryptocurrency for 100 days. Since, during this time, the price of the supported cryptocurrency changed due to user activity on the project platform, after 100 days, the user has a proportionally smaller quantity of that cryptocurrency in their profile, but the same value in GroshCoin as they had when initiating the GROSH Mining Stake.
• Additionally, with this order, the user created – released into circulation – an additional quantity of GroshCoin, so after 100 days, they also had a balance of additional GroshCoin in their e-wallet, which they could use for:
o New GROSH Mining Stake
o Send to another e-wallet within the Grossus Blockchain network
o Open a "Withdraw" order and request the exchange of GroshCoin for EUR, for payment via bank or in BTC equivalent at the moment of sending. In this case, the user's GROSH voucher is sold to those users who are buying it.
Geton's backend team daily collected received requests to purchase GROSH vouchers and reconciled these purchases with sell requests, in chronological order (timestamp) of submission. We imported transaction packages into the bank or cryptocurrency interface on Coinbase and processed them daily, as shown in the statements.
In this way, every cryptocurrency exchange processes transactions in FIAT currencies. Nowadays, much of this already happens automatically, as banks supporting this activity have adapted to business models.
Registration of a new user account was only possible through an invitation from an existing member. They were motivated to promote the operation and registration of new members, as they received a reward in GroshCoin immediately when their invitee created a GROSH Mining Stake. The rules of referral are presented in the "Referral link protocol," which users accept by using any marketing platform.
Marketing platforms were:

• Geton Trading
• Premium Geton Trading
• Geton Global
• Geton Vip

Some user dashboard recordings of functionalities, that users were daily used:
- How to register with a referral invitation and how to verify your account?
- How to register and verify your account as a Company?
- How to deposit funds - Cryptocurrencies (BTC)?
- How to deposit funds - FIAT currency?
- How to buy tokens, stake tokens and collect stake rewards?
- How to withdraw funds - FIAT currency?
- How to withdraw funds - Bitcoin?
- How to transfer funds between GetonGlobal users on platform?
- How to change my IBAN / Bank account number?
- How to buy tokens, stake tokens and collect stake rewards?
- How to transfer funds between Geton users or platforms?

The Geton.News platform was the official news site for the Geton Ecosystem.
On the Geton.Exchange platform, users could exchange ecosystem cryptocurrencies. The platform also allowed "Deposit" (purchase of GROSH vouchers) and "Withdraw" (exchange – sale of GROSH vouchers) with the same algorithm as the marketing platforms.
The Geton.Support platform served for informational purposes and provided support to users, sending mass messages, and the "support tickets" system.
Geton.Investments was neither a project nor a marketing platform, it did not have a user registration interface, but it served for informational purposes. Later (2022), it consolidated the activities of all platforms and allowed the use of "Trading Order" orders, where users could exchange ecosystem cryptocurrencies into USDT. The platform operated with the support of the GetonLedger blockchain network.
GetonLedger.com was an upgrade of the Grossus Blockchain network, based on the Ethereum protocol (ERC-20), the so-called Proof-Of-Authority (POA), where users confirm and manage all their transactions in the MetaMask wallet. MyGetonWallet was the Geton ecosystem wallet, where users simply transferred cryptocurrency balances to their MetaMask wallet by entering the email address with which they were registered on any of the platforms and freely managed them. The MyGetonWallet platform also included a transaction explorer, recording the quantities, cryptocurrencies, and timestamps of individual transactions at any time during Geton's existence. In 2022 and 2023, over 2000 users transferred their balances to their wallets via this platform.

At the end of June 2023, we - after prior notice - closed MyGetonWallet.com, GetonLedger.com, Geton.Support, and GetonInvestments and allowed users to transfer (bridge) their coins from the GetoLedger network and/or (this is still possible) any platform to the Binance SmartChain network. So far, approximately 5000 users have done this. Since 2022, all ecosystem cryptocurrencies have trading pairs on the DEX (decentralized) exchange Pancakeswap. From July 2023, the Geton.Global platform uses the smart contract dApp WaweSwaps.Global, which operates on the Binance SmartChain network. All Geton users can exchange their cryptocurrencies at much higher prices than they paid for them.

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