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While online transactions offer a lot of convenience and speed, they do come with some potential security risks. Although problems like scams, hacks and data leaks are infrequent, some crypto traders end up having to deal with them. GoPlus hopes to solve these issues with its revolutionary security system. This project aims to be the first decentralized security layer for web3 builders. GoPlus has already managed to acquire many impressive customers, and has big plans for the future.
What can users expect from GoPlus? Explore this guide to learn more about the system.
Key Takeaways:
GoPlus is a web3 security provider whose user-driven security network provides protection for every step of the transaction lifecycle.
Looking to trade GoPlus tokens? Bybit now offers the GPS/USDT Spot trading pair. To celebrate this listing, Bybit is holding two exclusive events in which you can earn a share of the 19,000,000 GPS prize pool.
GoPlus is a web3 security provider. Its user-driven security network provides protection for every step of the transaction lifecycle. GoPlus seamlessly integrates into products built on Ethereum, Avalanche, TRON, Base and a variety of other chains.
Since its creation in 2020, GoPlus has been run by a group of three co-founders. The lead founder, known as Mike Lee, has also created other web3 startups, such as Delphy and Yixuan Tech. His experience working on decentralized markets demonstrated a need for better security services. Lee was joined by co-founder Allen Zhang, a former solution architect for Ant Group, and co-founder Eskil Xu, an economist who focuses on entrepreneurship and business.
Since its public launch in 2022, GoPlus has managed to attract a lot of positive attention. Its investors include Binance Labs, Animoca Brands, OKX Ventures and HashKey Capital. The platform has an average daily API call rate of almost 30 million, and it has protected clients from over 800,000 malicious threats.
GoPlus is tackling the issue of poor security in the web3 world. While blockchain products have significant inherent security, current setups make it quite easy for malicious actors to take advantage of customers. Industry reports suggest that the web3 industry loses over $2 billion per year due to security incidents such as hacks, rug pulls and phishing scams.
GoPlus's focus is on addressing common security issues that can steal money from non-tech-savvy crypto users. However, the GoPlus team recognizes that the people most vulnerable to scams don't have the know-how to install their own security measures. Therefore, GoPlus aims to be a flexible system that can be added directly to web3 systems. Its team endeavors to create a helpful tool that any web3 project can connect to its network in order to keep users from falling for phishers and other scammers.
GoPlus is essentially set up as a decentralized software provider. The GoPlus ecosystem consists of a group of interested data providers, node providers, security developers and other contributors who provide computing power, store data and suggest changes to the GoPlus system. The trustless design requires contributors to stake tokens, so malicious actors lose money while valuable contributors earn it.
GoPlus’s system then runs a comprehensive set of security features that any web3 developer can choose to install. Once GoPlus is connected to a decentralized application (DApp) or other part of a web3 ecosystem, user transactions are routed through various layers of the GoPlus architecture. Individual layers — such as data verification, anti-phishing and data security — provide security features as needed. Sophisticated security engines within the architecture can do everything from tracking common scammer IP addresses to dynamically testing smart contracts for vulnerabilities.
GoPlus has a robust suite of security features from which to choose. Following are the primary ways it provides value to web3 developers and users.
The GoPlus app is a comprehensive security module meant to combine all of GoPlus's features in one easy location. The app is accessible from a variety of devices, and enables users with full control over all their security needs. They can opt into and out of various security policies, and set their own risk levels.
The GoPlus Security API is a set of application programming interfaces that allow various applications to communicate with GoPlus and access its security features. The Security API suite from GoPlus has a modular design that allows users to choose from options, such as token security analysis, malicious address libraries, NFT security assessments and phishing site blockers.
GoPlus's Security SDK is a collection of software development kits that make it easy to integrate GoPlus features directly into any project. Interested developers can access a bundle of pre-coded security features that they can insert into their own designs.
The GoPlus SafeToken Protocol makes it easier to create and deploy secure cryptocurrency tokens. It includes open-source token contract templates, pre-audited designs and automated security checks.
SecNet is a Layer 2 chain that allows direct integration of security features into blockchain networks. The main benefit of SecNet is its on-chain firewall that monitors transactions in real time and stops high-risk transactions from running.
In 2024, GoPlus was able to achieve many of its road map goals, including the launch of SecNet, SecHub and the SecWare protocol. Now that the basic protocols for the GoPlus security ecosystem are in place, GoPlus is transitioning to improving its customer service features. The next focus of the GoPlus road map entails implementation of the security gas service model that will let contributors use the GPS token to protect on-chain transactions.
GoPlus also plans to open its developer platform and create an open-sourced playground where community members can tinker around with new features for GoPlus. The final plan on the 2025 road map is to add support for more blockchains.
The GPS crypto token is designed to facilitate the decentralized operation of the GoPlus platform. People can use it to pay for transaction fees and security features from GoPlus, and to help manage the staking system that secures the GoPlus network. The token’s total supply of 10 billion will be distributed in the following manner:
Community and development rewards: 24.67%
Development team: 20%
Investment funds: 19.33%
Ecosystem growth: 10%
Airdrop: 10%
Liquidity: 7%
Marketing and growth: 6%
Advisors: 3%
Since its release on the open market, the GPS token has almost doubled in value. Coin prices initially started at around $0.05, and quickly reached an all-time high of $0.1199 on Jan 22, 2025. Since then, its price has mostly stabilized within the range of $0.1191 (as of Jan 22, 2025). However, GPS is still a fairly new coin with a lot of potential for price change.
Though it's still too soon to get exact pricing predictions for GPS, the future looks promising for this token. CoinMarketCap reports overall bullish sentiment for GPS, and on social media people are calling it a token that’s worth watching.
Looking to trade GoPlus tokens? Bybit now offers the GPS/USDT Spot trading pair. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the GPS/USDT Spot trading page.
To celebrate this listing, Bybit is holding two exclusive events for you to earn a share of a 19,000,000 GPS prize pool.
GoPlus appeals to the needs of modern crypto users. It provides security in a convenient manner, which has helped its token reach a respectable price. Investors who like working with new startups and tech-based companies may enjoy getting GPS tokens, especially during the current hype for the new token drop. Since the token has significant utility within the GoPlus ecosystem, its ability to maintain value over the long term is also promising.
However, GoPlus is still quite new, and it’s impossible to guarantee its success. The project relies on a small team, and anything that goes wrong could lead to a potentially major drop in the GPS token’s value. If GoPlus’s team fails to continue developing its product, enthusiasm and interest in the token could wane. Therefore, GPS investors need to pay close attention to market conditions and keep their portfolios diversified if they want to work with this token.
GoPlus provides a valuable service for people looking to enhance web3 products. By implementing security features from the ground up, GoPlus addresses a lot of the common challenges that crypto users face. As long as it can continue to build on its current success, GoPlus has the potential to become an essential part of many other crypto systems.
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