The prime objective of Germoney is to bring the population of Germany closer to blockchain technology and, in particular, to dealing with cryptocurrencies. People and companies should come into contact with Germoney and get a cost-effective, easy and secure access to the groundbreaking technology. The Germoney Token (GER) is of central importance. The token will find its way into the German society and initially help to simulate transactions with high-priced cryptocurrencies. This allows the wallet, ledger and blockchain technology to be made available to the general public at low cost. At the same time, knowledge and security in dealing with the technology should be disseminated. A later scenario could be that the Germoney token is used as a medium of exchange between people and companies or directly between companies.
Germoney was technically designed as an ERC20 token and works on a smart contract of the popular platform Ethereum. The team around Germoney chose this platform deliberately, because the founders in Ethereum see the greatest future potential with a variety of applications.