Globitex is the exchange of institutional values of Bitcoin, with an inimitable API capability for direct market access. Globitex's goal is to advance the Bitcoin industry as a whole by reducing the existing Globitex exchange infrastructure to the required level of industrial trade, with the capacity to accommodate standard money markets and commodity lists.

Following the hardfork of Blockchain Bitcoin at 12:20:00 UTC on 1 August 2017, a new Bitcoin-based Blockchain known as Bitcoin Cash (BCH) was created. The balance on the existing Blockchain Bitcoin (XBT) is duplicated on the BCH chain. In the following weeks, Bitcoin Cash has gained significant user support and user interests, and is therefore also supported by cryptocurrency exchanges.

They also plan to develop a cryptocurrency market, which enables the right market participants to lend their assets over a period of time by setting market-based interest rates. The main boost in boosting liquidity and matching Bitcoin's supply and demand in the spot market will be the development of the money market, which will make Bitcoin the most liquid currency.

The next step is to develop a cryptocurrency money market, where qualified market participants can lend their assets over a period of time by setting market-based interest rates. As Bitcoin's liquidity increases, and since large orders can be easily accommodated, Globitex will then activate the standard list of futures and commodity options in an open order book. Derivative contracts will be physically handed over and exchanged in Bitcoin as the underlying currency.


Scaling Globitex to spot global spot and derivative trading places will allow manufacturers to purchase products listed in Bitcoin. Trading companies and speculators will also be able to hedge the risks in Bitcoin with derivative contracts.

Business Development Stage

To achieve the intended purpose, Globitex proposes a Sales Token, which will include the publication and distribution of Token GBX. Token sales will be phased in, each representing the Globitex team's commitment to specific business development objectives.

The redeemed GBX token is intended to be burned and therefore removed from circulation permanently. The GBX token will be used to cover commission payments for trades made on the Globitex platform. All clients listed on the Globitex exchange will be able to redeem the GBX token as commission payment.

Initially, tokens will be subject to a significant premium of not less than 20%. For example: at a price of GBX 1 = EUR 0.1, the client choosing to use GBX as payment for trading will be able to enjoy the following bonuses:

GBX 1 = EUR 0,1 + 20%. As time goes by, depending on the overall success of the Company, the bonus will increase quickly to stimulate the widespread use of GBX token for trade settlement.

Overall, GBX Token is expected to have a lifetime of 10 years, during which time, tokens may be redeemed, loyalty programs and other benefits associated with successful enforcement. After 10 years, the Company will review the Token Token program and make any necessary adjustments for the continuation of the program.


Token GBX will meet the basic needs of the trading settlement method in
The Globitex exchange platform, fills in as a commission payment receipt, and is also used in loyalty programs.

This token is based on the Smart Ethereal Smart Contract standard EIP-20.
Tokens will be purchased during token sales in exchange for Ether (ETH), Bitcoin
(XBT) and Bitcoin (BCH) cash. While the token distribution will occur after the token is sold out.

The GBX token will have a lifetime of 10 years, over its lifetime, tokens can
redeemed, loyalty programs and other successful benefits are achieved. After 10 years, the Company will revisit the Token GBX program and make important modifications regarding the continuation of the program.

The redeemed GBX tokens will be permanently burned to remove them from circulation.

White paper: https://www.globitexico.com/wp.pdf

ICO will take place on their site at www.globitexico.com
Start date: The token sale will begin on November 8, 2017 at 12:00 UTC.
End date: Token sales will expire on 7 December 2017 at 17:00 UTC or 72 hours after the soft stamp is reached.

There will be a discount for the original participant during the token sale:
15% off for the first 20.0 GBX Token sold
10% off for the next 30,000,000 GBX Tokens sold
5% off for the next 50,000 GBX Tokens sold

Team

MemberJon Matonis - Chairman
Liza Aizupiete - Managing Director
Arvis Ermins - Director and Chief Compliance
Maris Kaneps - Director and Chief of the Tertiary of Termiudkalns
Chairman of the Board of Trustees of Viesturs Tamuzs - Board Member Andris Kaneps Board Member ConsultingMark O'Byrne - Dealer Bullion and Gold Market Analyst
Carlos Blanco - Risk Analyst and Financial Modeling Expert
Pierre Roberge - IT Security Expert
Mikko Ohtamaa - Technology Advisor
Ransu Salovaara - Sales Strategy Token



More information click the link below:

Website: https://www.globitexico.com/
Whitepaper: https://www.globitexico.com/#whitePaper
Twitter: https://twitter.com/globitex
Facebook: https://www.facebook.com/globitex/

Author (gudanggaremfilter): https://bitcointalk.org/index.php?action=profile;u=1173895

My Eth: 0xB23C3ed5b113997Fd35F0fafb56644dC8FAB3039

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