Why GIL?

Today’s blockchains have achieved significant progress — Bitcoin, the original blockchain which launched in 2008, is a store of value whose network has been priced at over $300 billion while Ethereum, the original “global computer” which launched in 2014, boasts thousands of innovative applications spanning from gaming to decentralized finance.

There are many dApp and Web3 platforms that support some kind of Defi, GameFi by the way.

Unfortunately, neither these original networks nor any of those which followed have managed to face gas fee problems and lower speed validators nor provide the kind of scale which supports an entire users.

This is a result of three key factors:

1. So hard to use them

2. High cost

3. Low liquidity

System design is relevant because the technical architecture of other platforms creates substantial problems with both usability and scalability which have made adoption nearly impossible by any but the most innovators. End-users experience 97-99% dropoff rates when using services and developers find the process of creating and maintaining their services endlessly frustrating.

Fixing these problems requires substantial and complex changes to current approaches, something which existing organizations haven’t proven capable of implementing. Instead, they create multi-year backlogs of specification design and implementation which result in their technology falling further and further behind.

GIL’s ecosystem and organization are architected specifically to solve the above mentioned problems. The technical design is fanatically focused on creating the world’s most usable and scalable decentralized ecosystem by 4 products(DEX, Marketplace, Launchpad and Wallet) so global-scale services can achieve real adoption. The organization and governance structure are designed to rapidly execute and continuously evolve the ecosystem so it will never become obsolete.