Globitex ICO – Scaling Bitcoin Economy

Source : Globitex ICO – Scaling Bitcoin Economy

7.8
Total Score

ICO Start: To Be Announced – ICO Ends: To Be Announced

is an institutional grade Bitcoin exchange, with unrivalled API capabilities for direct market access. The purpose of is to advance the overall Bitcoin industry by scaling existing exchange infrastructure to the necessary industrial trading level, with a capacity to accommodate standardised money markets and commodities listings.

Team

8

Vision

7.5

Product

8

User Rating: Be the first one!

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In order to facilitate the use of Bitcoin as an industrial scale medium of exchange, we propose taking the existing 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, is issuing the GBX utility Token. The Token will be issued as an EIP-20 (previously known as ERC-20) compliant smart contract. [2] The GBX Token will primarily be used for the settlement of trades on the exchange, serving as a commission payment token. The GBX Token will also function within loyalty programs planned for clients and contributors, whereby the contributors will be participating in  the company’s overall success. The GBX Token can be acquired during the 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

Symbol: GBX
Concept: Scaling Bitcoin Economy – Linking Digital Currency to Global Trade. is an institutional grade Bitcoin exchange, with unrivalled API capabilities for direct market access.

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Q2 2017: BETA Launch of 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.
Don’t forget to check out our full list of upcoming and ongoing ICOs.

The post Globitex ICO – Scaling Bitcoin Economy appeared first on Captain Altcoin.

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