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ICO HAS 27 DAYS LEFT 1112 views
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Gigajoule Floating Solutions is an electricity generation company. It creates fully operational, gas-based power plants, floating on barges. It uses proven technologies together with Internet of Things (IoT) and blockchain technologies to ensure the highest standards of quality and efficiency. This takes a fraction of the time required for traditional land-based plants, yet rivals or surpasses them in efficiency, reliability and cost.
Website: Visit
White paper: Read
Bounty: Bounty
MVP: View
Pre-sale Time: 1 Nov, 2019 - 31 Dec, 2019
ICO Time: 1 Jan, 2020 - 30 Apr, 2020
Whitelist/KYC: Kyc
Country: Malta
Token Info
Ticker: GIGJ
Token type: ERC1400
Available for sale: 16,000,000 GIGJ (80%)
ICO Price: 0.7 USD
Soft cap: 6000000 USD
Hard cap: 14400000 USD
Social Media
  • 1

    SEP 2019

    · Incorporation and setup of Malta-based holding company · IEO private Pre-sale

  • 2

    JAN 2020

    · IEO Public Sale - Jan 2020

  • 3

    MAR 2020

    · Engagement with Siemens and Appledore Shipyard for the final design and construction commencement of first 2 floating power plants

  • 4

    SEP 2020

    · Secure funding underwritten by the Multilateral Investment Guarantee Agency (MIGA) and Siemens performance warranty

  • 5

    NOV 2020

    · Finalize Power Purchase Agreement with Federal Government of Nigeria plus all other construction and operating agreements for the implementation of the first project

  • 6

    MAR 2021

    · Lenders ready to advance first funds for project constructions

  • 7

    APR 2021

    · Implement the construction disbursement, administration and control procedures

  • 8

    JUL 2021

    · Appledore shipyard and Siemens start the manufacture and construction of the floating power plants within 15 months

  • 9

    AUG 2022

    · Floating power platforms to be loaded onto heavy lift ships and, within a month, shipped to the closest deep-water position offshore the lagoon or river from which the move to final installation will take place in Nigeria

  • 10

    NOV 2022

    · Commissioning and handover

  • 11

    JAN 2023

    · Electrical power supply commences and continues for the next 20 years, under Power Purchase Agreement with the government of Nigeria

  • 12

    DEC 2042

    · Power Purchase Agreement finalizes. Potential extension of the Agreement for another twenty-year term with the same assets, would be negotiated with Nigerian Government

David Gardner

Founder & Senior Engineer

Сhris Potter

Founder & Maritime Engineer

Russel Schwartz

Founder & Chief Executive Officer

Warren Schwartz

Founder & Software Engineer

Tarlan Kornilov


Sergey Baloyan


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