PRE ICO Dates : 13/03/18 – 31/05/18
Recover and Preserve Treasure as Assets for a Crypto-Currency
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GALLEON QUEST enables external investors to purchase a part of its historic shipwreck backed projects by bringing the opportunity to market by means of a very unique ICO, in order to create an opportunity to gain value in the ICO through the gold, silver, gems and other treasure recovered by GQ for the coin holder. To that end, we plan that initially, 20% of the recovery will go to buying back some coins from the coin holders and discontinuing use of the bought back coins to potentially lift the value of each SEA Coin. We believe this will lower the volatility of market prices for the tokens and increase demand by limited supply.
Galleon Quest (GQ) was formed to take advantage of the work done over hundreds of years of history. GQ was formed to take advantage of calamities that befell many a people during those periods, including not only the original ship owners and crew, but any salvors who came along afterwards with primitive equipment or lack of adequate funding. We are modern day pirates, but pirates with a purpose. Or, perhaps it would be more accurate if you think of us as “privateers” rather than pirates, as privateers were legally licensed for their work, and we will be working within the law, not outside of it. If you want in on the excitement then read on about how to claim your booty.
GALLEON QUEST.IO (SEA) is a special purpose entity, registered in Cayman Islands, as an ICO friendly jurisdiction with a single purpose to invest into shipwreck recovery operations around the world.
Upon the results of the ICO, GALLEON QUEST.IO will issue restricted coins to the coin holders and move the money into Galleon Quest, LLC for the funding of various projects with contracted rights negotiated and held. A portion of the recovery will be used to buy back SEA Coins and burn them from future use, thus decreasing the outstanding coins in the market. 400,000,000 Coins will be sold in the ICO and no more will be available.
Galleon Quest mission is to recover, expand and hold the recovered assets from treasure recovery sites, historic shipwreck operations and in historic shipwreck recovery projects in different oceans and locations around the world.