Globitex - Linking Digital Currency to Global Trade

Globitex is an institutional review of the Bitcoin exchange platform offering direct market access to algorithmic brokers. Launched for beta testing during the summer of 2017.

They aim to start another major currency pair, expanding the Bitcoin-FX order book, which will include instant trading, deposits and withdrawals in major currencies around the world.

The three functions of money are 1) the sum insured, 2) the exchange medium, and 3) the account units and they operate in the hierarchy, especially when bootstrapping new money such as Bitcoin In order for the Bitcoin economy to reach the required scale, it will require substantial liquidity enhancement will result in higher price stability.

The increase in liquidity and relative price stability is an important step in the development of Bitcoin and cryptocurrencies as a global medium of exchange The establishment of stable capital markets. Token will be issued as smart contract Ethipen EIP-20 (formerly known as ERC-20). [2] The GBX token will primarily be used for trade settlement in the Globitex Exchange, serving as a commission payment token. The GBX token will also work in the planned loyalty program for Globitex's clients and contributors, where contributors will participate in the company's overall success. GBX tokens can be obtained during the sale of Globitex tokens (www.globitexico.com) using Ether (ETH), Bitcoin (XBT) and Bitcoin Cash (BCH). Sales of GBX tokens will be done in stages, each representing the team's commitment to provide certain business milestones as stated in this White Paper.

They aim to launch other major currency pairs, expand the Bitcoin-FX order book, which will include instant trading, deposits and withdrawals in major currencies around the world.

In essence, the Bitcoin protocol has the right formula to become universally accepted universal currency. Bitcoin is already functioning as a value store and exchange medium. However, in order to gain significance as an account unit in global commerce, it is necessary to scale both technically and economically.

Core Team

Jon Matonis, Chairman

Liza Aizupiete, Managing Director

Arvis Ermins, Director and Head of Compliance

Maris Kaneps, Director and Head of IT

Supervisor

Uldis Teraudkalns, Chairman of the Supervisory Board

Viesturs Tamuzs, Board Member

Andris Kaneps, Board Member

Advisor

Mark O’Byrne, Bullion Dealer and Gold Market Analyst

Carlos Blanco, Risk Analyst and Financial Modeling Expert

Pierre Roberge, IT Security Expert

Mikko Ohtamaa, Technology Advisor

Ransu Salovaara, Token Sales Strategist

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.

15% off the first 20.0 GBX Token sold, 10% off for the next 30,000 GBX Token Tokens sold, 5% discount for the next 50,000 GBX Tokens sold out, and 80% tokens will be sold to contributors while the rest 20% will be retained by the Company, which includes a reward and referral program, when completed.

For more details please see the video here, and visit the link below: