GLOBCOIN TO THE FUTURE
hi this time i want to introduce a project from globcoin, what is globcoin?
Globcoin is a new and unique breakthrough because it combines cryptocurrency money and application system so easy to use can be used anytime and anywhere it is certainly very useful for entrepreneurs, people, and investors why because in the busy all-round busy we are required to quickly in all aspects including the transfer of interbank transfers in the presence of this technology is very useful once for everyday life let us refer to my article below
The GLOBCOIN Crypto platform (GCP, or GC platform) provides the infrastructure to build a currency basket that fits the needs of a particular community / user.
In a globalized world, your own national currency does not really measure your wealth, except in the sense that it is useful for accounting or payment purposes. Whereas, the currency basket can prove to be the right solution for various needs, this may be the reason for the growing trend of the Central Bank to build a basket of currencies and / or to peg the national currency to baskets that are not usually publicly disclosed (China and Singapore) .
The founders of GCP have been at the forefront of innovations in currency management for decades, proposing to their large clients (Institutional and family offices) special currency baskets tailored to their own specific needs.
The first basket to be launched on the GC platform will be our "flagship" GLOBCOIN, a basket based on the world's 15 largest currencies and 5% weighted in Gold. This basket fits the needs of many users. This basket is already traded for our big clients in the traditional foreign exchange forward market.
With construction, it will be 100% asset backed up and very stable. This will be an ideal complement for cryptocurrency holders who want to stay in the crypto world but want to secure part of their portfolio.
Other currency baskets have been studied for specific clients in Asia, Africa and Western Europe and the GC platform will be able to launch and manage dedicated baskets according to the client's needs as long as the cart constituents can be traded. We'll also add the cart to our current GLOBCOIN multi-currency prepaid card so people (other than their needs in fiat currency) can buy the cart in just one click.
As explained, the previous basket concept was reserved for large clients due to the structure of the foreign exchange market. Thanks to Blockchain Technology, it is now possible to offer basket concepts
to the public. Decentralization allows us to provide solutions previously reserved for some of the niche market participants.
Is not this a revolution that everyone, easily and at a very reasonable cost, can behave like a central bank, managing currency risk.
The purpose of Token sales (GCP) is to:
- provides additional funding to upgrade the current platform, utilizing the best blockchain technology.
- make the platform available to the largest user community
- disseminate the use of dedicated baskets in specific areas of the World, in accordance with local regulations that may apply in such places.
The GCP Token is expected to instantly benefit from the growth of platform usage through the rewards program.
The benefits of a currency basket platform using blockchain technology. For all that reason, the most efficient way to trade a currency basket is through a professional manager. GLOBCOIN Crypto Platform emerged as a game-changer in a very cost-effective way.
Tokenisation is the process of changing the rights to an asset to a digital token on a blockchain.
GLOBCOIN Crypto Platform will launch a series of rule-based baskets labeled on the Ethereum blockchain. Each basket will have initial weights that match the specific needs of a community. This will track the performance of the major currency basket. The cart user can buy it from our platform, digital wallet, or from exchange.
Why is it not possible to offer such products to previous individuals?
The main reason is that the foreign exchange market deals with a minimum size of several thousand units per currency. Very few people have access to the network required to make such an offer on their own.
No retail bank or broker offers such a basket. Public institutions, such as the Central Bank
or large organizations, manage this on their own. related costs to do this will be greatly
substantial for an individual. The revolution brought by Blockchain and specifically Ethereum now allows now to build and distribute such products, thanks to the use of smart contracts. While we still need entities such as Bank (s) / Broker (s) to hold fiat currency securely, distributed ledger technology (DLT) enables the 'tokenisasi' basket and makes it tradable in peer-to-peer manner. Token can then be redeemed on the platform, at a cheaper price, and the amount can equal the equivalent of one US dollar.
TOKEN SALES
The GCP Globcoin token process is organized around a smart contract run in Ethereum.
Participants willing to support project development Globcoin can do this by sending Ether to the designated address. Thus they make GCP at a rate of 100 GCP per 1 ETH. A participant must send Ether to the account after the commencement of the crowdfunding period (set as block number) .Crowdfunding ends when the final block is created, or when the amount of Ether sent to the account reaches the maximum.
Globcoin Multicurrency Saving Account and Multicurrency Prepaid MasterCard is a platform that can be accessed online or through App, offering a combination of multicurrency payments and savings. GLOBCOIN makes your life easier, cheaper, and gives you full control when managing your foreign currency exposure. Globcoin aims to make GLX available to every cardholder by mid 2018.
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