GAsp Profile (GASP)
Project Safety Score
Fri, Nov 26, 2021 10:12 AM
What is gAsp (GASP)? gAsp is a decentralized blockchain that serves as the gas coin for the Aspire platform. gAsp’s blockchain is utilized for recording all assets and tokens created on Aspire as well as their transactions. gAsp is a Proof-of-Work blockchain with integrated real time checkpoints. This advanced security feature protects the gAsp blockchain from 51% mining attacks and double spending. The gAsp blockchain also has 4MB blocks to allow for more transactions while supporting a block time average of 2 minutes. gAsp is a decentralized minable blockchain, currently there is no financial gain or reward for mining the blockchain. This reward may change later in order to support future smart contract implementation on Aspire. gAsp is an open-source experimental blockchain project built using code from Bitcoin, Litecoin, Peercoin as well as small bits of code from other projects in the space. gAsp was built specifically for Aspire https://aspirecrypto.com/ but also is a standalone blockchain and does not require Aspire in order to operate. How Many GASP Coins Are There in Circulation? gAsp launched its mainnet on July 4th, 2020 with 1 billion GASP tokens created at genesis. No additional GASP will ever be created. gAsp is fully premined and Aspire Technology Inc sells tokens to exchanges as they are needed by community demands. 45% qual to 450 million GASP was allocated to Aspire Technology Inc, these GASP are locked. 25% equal to 250 million GASP was offered by a Bermuda crowdsale (Non-USA Residents) 26% of the private sale sold authorizing 61,483,651 GASP into circulation. 21% of the unsold GASP from the crowdsale were airdropped to bCommerce labs authorizing 52,000,000 GASP into circulation. The remaining 53% equal to 136,516,349 of unsold GASP private sale are locked up. 20% or 200 million GASP was allocated to founding members, these GASP are locked. 10% or 100 million GASP was allocated to external development, these GASP are locked. All coins not sold or allocated from the crowdsale are unlocked at 12.5 percent quarterly beginning December 30, 2020. Who Are the Founders of gAsp? The Aspire/gAsp project officially began April 10th, 2017 and was founded by Jim Blasko of Las Vegas Nevada and Michael Terpin of San Juan Puerto Rico. The gAsp blockchain mainnet was launched on July 4th, 2020. Jim Blasko is a blockchain developer and crypto pioneer known for mining Bitcoin in late 2010, and developing early altcoins such as UnbreakableCoin, Voxels, eBoost, and X-Coin. Jim is the founder of Bitcoin Talk Radio, and Cryptos.io. He has taken roles on other teams including Lunch Money, Talent Joe, FLASH, NetCoin, PIVX, Jewelz, Guardium, Neutron, and Minex. In 2013 Jim teamed up with Michael Terpin to launch bCommerce Labs, a blockchain incubator. Jim is actively found at Bitcoin conventions as a speaker and is now leading Aspire/gAsp. Michael Terpin is founder and CEO of Transform Group , whose divisions include Transform PR, a global public relations firm that has served more than 200 clients in the blockchain field and helped launch more than 100 ICO’s, including Aeternity, Augur, Dent, Ethereum, Factom, Golem, MaidSafe, and Neo; Michael is also the founder of CoinAgenda, a global event series for cryptocurrency investors and blockchain innovators since 2014 and Transform Strategies, the company’s advisory division. How is the Aspire Network Secured? Aspire and the assets/tokens created on Aspire are secured via [proof-of-work]( https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake/) mining on the gAsp blockchain. The gAsp blockchain is protected by checkpointing every block preventing 51% attacks and double spending on the Aspire platform. What Makes Aspire Unique? Aspire improves on speed, cost, and security for creating both fungible and non-fungible digital assets and tokens. Easy to use - Aspire allows anyone to create assets/tokens in under two minutes. Speed – Instant transactions and two-minute confirmations make Aspire 5 times faster than Bitcoin. Cost Efficient - 1 GASP allows more than 300,000 transactions of any asset created on the Aspire platform making it the most cost-effective platform in the world. Security – The first asset creation platform running on a [proof-of-work](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake/) blockchain secured with advanced checkpointing.
Read more in the whitepaper:
GAsp Project Statement
Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.
Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.
GAsp Safety Report
GAsp has a safety score of 2.31
GAsp is a nano cap coin.
GAsp is suited to a adventurous investment style.
This profile is missing some data needed to perform a thorough analysis. Depending on what data is missing then this could have a negative impact on the overall rating.
- project team
- bitcointalk thread
- tradingview profile
GAsp Red Flags
There are currently no GAsp red flags.
GAsp Development Score
The GAsp project has 7 active source code repositories.
The most recent commit was Wed, Nov 17, 2021 6:04 PM
- 21 Watchers
- 1 Star
- 9 Mentionable Users
- 0 Vulnerabilities
- 2 commits in the last 28 days.
- daily repo updates
- good repo stars
- no stars
- no watchers
- no mentionable users
GAsp Sentiment Score
The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.
- Below average number articles to calculate the sentiment
- The overall sentiment is extremely negative
GAsp Community Score
The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on GAsp?
The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.
Overall GAsp has an poor community rating, small communities can be easily manipulated and bullied (banned from telegram, deleted from discord etc) into towing the project line. If a project is new and doesnt have a big active community then in general as the project grows the community score will increase.
- no reddit articles
- very poor hashtag tweets
- low gitHub account watchers
GAsp Awareness Score
The awareness score indicates how well GAsp is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the GAsp is but a good measure of longevity is how well the project is known by the general public.
Overall GAsp this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.
- very good number of GAsp YouTube videos
- poor search result total
- poor number of news articles mentioning GAsp
- very poor number of headlines about GAsp
GAsp Credibility Score
The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?
- Growing project age (released Nov 9, 2020)
GAsp Volume Score
The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag
- no USD 24hr volume
Red flags come in all shapes and sizes
At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.
You expect a level of transparency and professionalism from a project that is asking for your money.
There are all sorts of red flags which you should be weary of;
- 404 (missing) websites
- Expired SSL certs
- Malware/Hijacked sites
- Suspended Twitter accounts
- Private Subreddits
- SEC investiations
If you spot anything suspicious/resolved then please let us know.
GAsp Red flags
No red flags
No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.
How complete is this profile:
Lots of missing data points
This profile is still waiting for the following data points
- project team
- bitcointalk thread
- tradingview profile
Market Cap Rank:
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