ICO Start: To Be Announced – ICO Ends: To Be Announced
Globitex is an institutional grade Bitcoin exchange, with unrivalled API capabilities for direct market access. The purpose of Globitex is to advance the overall Bitcoin industry by scaling existing Globitex exchange infrastructure to the necessary industrial trading level, with a capacity to accommodate standardised money markets and commodities listings.
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In order to facilitate the use of Bitcoin as an industrial scale medium of exchange, we propose taking the existing Globitex exchange infrastructure and scaling it up into an exchange that has global spot and derivatives exchange capabilities, where standardised instruments in money markets and major commodities are listed with cash settlement and later physical delivery, and where Bitcoin is used as the underlying currency – a unit of account.
To realise this goal, Globitex is issuing the GBX utility Token. The Token will be issued as an EIP-20 (previously known as ERC-20) compliant Ethereum smart contract.  The GBX Token will primarily be used for the settlement of trades on the Globitex exchange, serving as a commission payment token. The GBX Token will also function within loyalty programs planned for Globitex clients and contributors, whereby the contributors will be participating in the company’s overall success. The GBX Token can be acquired during the Globitex token sale (www.globitexico.com) using Ether (ETH), Bitcoin (XBT) and Bitcoin Cash (BCH). The GBX token sale will be conducted in stages, each representing the team’s commitment to deliver specific business milestones.
Jon Matonis – Chairman
Liza Aizupiete – Managing Director
Arvis Ermins – Director and Head of Compliance
Maris Kaneps – Director and Head of IT
Concept: Scaling Bitcoin Economy – Linking Digital Currency to Global Trade. Globitex is an institutional grade Bitcoin exchange, with unrivalled API capabilities for direct market access.
Github (not available)
Q2 2017: BETA Launch of Globitex Bitcoin Exchange
Q4 2017: Globitex ICO Announcement
Q4 2017: Launch of Bitcoin Cash Trading, Deposits and Withdrawals
Q4 2017: Partnership with Electronic Money Institution
Q4 2017: Globitex Token Sale
Q1 2018: Open Public Launch of Globitex Services
Q1 2018: Launch of Additional Cryptocurrency Trading Pairs
Q2 2018: Launch of Additional Fiat Trading Pairs
Q3 2018: OTF (organised trading facility) Licensing
Q4 2018: REPO (Margin) Trading Launch
Q1 2019: BIBOR (bitcoin inter-broker offered rate) Launch
Q1 2019: Listing of Bitcoin Settled Commodity Futures
Q2 2019: Listing of Cryptocurrency Futures, Swaps and Vanilla Options
Q3 2019: Listing of Bitcoin Priced Globitex Commodity Index – GCOM
Q3 2019: Physically Deliverable Precious Metals
Q4 2019: Physically Deliverable Other Commodities
Globitex exchange infrastructure to the necessary industrial trading level, with a capacity to accommodate standardised money markets and commodities listings. Our rating for this ICO is 7.8 out of 10.0.
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