CEO Fortnightly Message 30/11/18
Dear Community,
It has been an exciting two weeks since my last update. As some of you may already be aware, we have seen some significant developments and changes to our business. Before I go through those updates, I would like to extend my gratitude and thanks to our community for their continued support. We’re in the business of changing the landscape of the financial world, and as we grow and develop in that endeavour, it is fantastic to see so many of you join us on this journey.
So, on to the big news! The Gibraltar Blockchain Exchange (GBX) has been granted its DLT licence by our regulator, the Gibraltar Financial Services Commision (GFSC). We are now fully regulated, and the only Stock Exchange to own a regulated Digital Asset Exchange.
But that’s not the only good news for our Community. Here is a roundup of our recent updates:
1. GBX DLT Licence
On November 21st, the GBX began operating as a fully regulated entity under the Distributed Ledger Technology (DLT) licence from the GFSC. We have always maintained an institutional-grade platform, built on transparency, good governance, and best practices, and we have been rewarded for those efforts with a DLT licence. You can read the full announcement here:
https://gbx.gi/news/gibraltar-blockchain-exchange-now-licensed-gibraltar-financial-services-commission-gfsc/
2. STACS Token Update
There has been a lot of interest in our upgrade from RKT to STACS as the GBX’s utility token. Our course has always set out to transform the capital markets with blockchain technology, the latest initiative is another step toward that goal. I recently updated you on the STACS Protocol and its incredible potential, and we wanted to make sure our community would share in our future success with the STACS Protocol as well as the GBX. Here is an update on the STACS token:
https://gbx.gi/news/introducing-stacs-token/
3. New Fiat Onboarding and Pairs
More great news for our DAX users. We have extended our Fiat onboarding capabilities to include British Pounds (GBP) and Euros (EUR) alongside our current US Dollar (USD) offering. We are committed to providing the best user experience, and these new Fiat options make it easier than ever to get involved in crypto trading, overcoming the usual barriers to entry. You can learn more about what this means for our users here:
https://gbx.gi/news/gbx-announces-new-fiat-onboarding-options-gbp-eur/
4. Consensus Invest 2018
I have just returned from New York City having attended Consensus Invest 2018. It was an excellent opportunity to network and promote the work of the GBX as a newly regulated exchange, the STACS Protocol and the broader GSX Group ecosystem. It was interesting to see more institutional participation, and the discussions and debates focusing on greater institutional adoption of the blockchain. You can find out more about the event here:
https://gbx.gi/news/gbx-consensus-invest-2018-new-york/
5. BIC Workshop Success
The GSX Group Blockchain Innovation Centre (BIC) hosted the first professional Blockchain Educational Workshop in Gibraltar. In collaboration with London Blockchain Labs (LBL) and held at the University of Gibraltar, the workshop was attended by 100 local professionals for a full day's agenda on the fundamentals of blockchain technology. The day was a huge success and a fantastic experience for those in attendance. The BIC will be hosting more educational events in 2019. Click the link below for an overview of the workshop, and keep an eye out on the events page for future workshops:
https://www.bic.gi/2018/11/26/bic-hosts-gibraltars-first-professional-blockchain-educational-workshop-in-collaboration-with-the-university-of-gibraltar-and-london-blockchain-labs/
6. BlockShow Asia & the GSX Group Networking event
The GSX Group returned to exhibit at the BlockShow, after attending their first successful event in Singapore. Similar to last year there was a great atmosphere, with the GSX Group hosting a Cocktails and networking evening during the conference, promoting the STACS Protocol. You can find out more here:
https://gbx.gi/news/blockshow-asia-gsx-group-networking-event/
That’s the roundup for this fortnightly message. Some huge news that continues to boost our progress and has validated all the hard work done by the team. Their dedication and passion have been rewarded with a DLT licence, but our work continues. We operate at the highest standards, and we aim to continue providing the best user experiences and professional services.
Nick Cowan
CEO - GBX
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Attention GBX Community!! All community members who have bought RKT on IDEX and are enquiring about the swap will have to email support@gbx.gi where the team will assess the issue and deal with the matter on a case by case basis. Thank you |
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I spent 5000$ in the ICO. Now worth basicly nothing. Good job. Hope you didn't blow it all on hookers and coke.
Hi Bluejam, this comment is inappropriate. As any well informed member of the crypto community should know, every coin has dropped in value in recent days and this isn't isolated to FKX. The team is actively at work on the product as always. Let's please keep the thread civil. Thank you. |
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Come listen to Scott Scheper speak about entrepreneurship in the crypto space and the mission of XYO Network! Check out his new interview on Crypto 101 right here: http://bit.ly/2QeRPSR
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Thanks so much for your continued support! I can honestly state that the Momentum Protocol team truly values and appreciates their community. We'll continue to share updates as that information becomes available. Please continue to keep a close eye on the project. Great things to come!
You are very welcome of course! I do understand the project team has its priorities and I can see from the Telegram and even here that at the very least, you guys are still being communicative. But pass on the message to your bosses that they should really plan announcements ahead of time, especially when it is regarding roadmaps and deliveries to time. We all understand the situation with crypto now,,, so even the delays we were cool about. But when a token sale is delayed by a year, and then the new dates are past, you can also understand the unnecessary worry  Waiting to hear more! When the project is very long, it is certainly alarming. But there are different situations. I hope the project will succeed, despite the difficult times. It will, OP. And I appreciate your faith in what the Momentum team hopes to accomplish. There will be plenty of exciting news on progress in the coming weeks. |
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The STACS Protocol and what it means for RKT holders
Dear Rock Token holders,
I am writing to you to brief you on an important development which will affect all Rock Token holders. This update covers the following:
- The development of the GSX as a tokenised securities exchange.
- The development of the underlying technology we have named the STACS Protocol.
- The strategy to offer STACS as a global network of exchanges, broker-dealers, investment banks, and financial institutions.
- The implications for RKT holders.
The GSX Group has been working hard to expand its ecosystem to further develop and maximise the use of RKT. As described in our original RKT white paper, we saw the ecosystem expanding via a phased approach which can be summarised as follows:
Phase 1 -
Build the GBX as a licensed and regulated token sale platform and secondary cryptocurrency exchange which provides a multi fiat-crypto marketplace, whereby primary and secondary tokens can be traded in a trusted environment. Despite challenges along the way, including having to change our technology solution, we have managed to hit our milestones. Both the GRID and the DAX are open. All listing and sponsor fees are payable in RKT. We also offer benefits to holders including reduced trading fees and referral program rewards.
Phase 2 -
Build the GSX as one of the world’s first tokenised securities exchanges providing a digital platform for Security Tokens to be launched and traded. As a Stock Exchange, we see incredible opportunities to disrupt the existing traditional securities processes, thus reducing the speed and cost of capital and opening up markets to a whole new universe of investors. RKT is also going to be used to pay fees within the GSX.
Phase 3 -
Build out the rest of the GSX Group to provide our client base with ongoing solutions. We have successfully acquired two services companies, positioning Juno Services as the largest fund administration company in Gibraltar. We have seen a rapidly growing client base choosing Juno to provide fund admin services, particularly crypto funds, where we can also facilitate banking relationships here in Gibraltar. In addition to Juno, we are also close to completing an acquisition of a UK-licensed dealer-broker which provides FX (Foreign Exchange), derivative, and CFD services.
To explain Phase 2 in more detail, as we looked at the underlying technology that would facilitate the move to a digital securities exchange, we had originally considered a private chain which the GSX would have used as its own, to allow buyers and sellers to trade digital securities.
However, we considered this highly restrictive for our clients’ access to liquidity and essentially we would simply be building a new legacy system to replace our old legacy system.
We also discovered, through extensive discussions, that a large number of exchanges, investment banks, broker-dealers, and asset managers were all wrestling with the same question. The general consensus was that the public ledgers have some way to go to be fit for purpose and that there was no single solution that could deliver the complexity of digital securities trading and settlement.
Therefore, the GSX Group came up with the vision of the STACS Protocol - the Securities Trading Asset Classification Settlement Protocol - which is being developed by our new joint venture, Hashstacs Inc..
STACS, we believe, will transform the way capital markets operate, intersecting between global traditional capital markets and crypto finance. The grand vision of the STACS Protocol is to become a global leading Digital Asset platform for the capital markets of the future. A global network where regulated incumbents such as investment banks, exchanges such as the GSX, and broker-dealers will capitalise on the tremendous potential of tokenised securities, including STOs.
These Verified Partners will provide issuers with a location agnostic, global infrastructure, to issue in the jurisdiction(s) of their choice.
The STACS network is also a collaborative effort for issuers to access a global pool of capital and liquidity.
Regulators will be equipped with the tools to fulfil automated regulatory reporting. The approach is proactive, not reactive.
The STACS Protocol will bring an integrated platform and tools, from issuance to settlement, in an open, collaborative and inclusive environment.
The proprietary technology, highlighted in recent communications, will encompass the development of the STACS Protocol, the integration of the STACS enterprise wallet, and the implementation of trading platform services.
We see numerous benefits that tokenised securities provide:
1. Improved Liquidity (Democratising illiquid assets)
2. Lower cost of transactions (Removing the middleman)
3. Fractional ownership (e.g. Stradivarius violin, the Shard,…)
4. Faster trade execution and settlement (fewer intermediaries)
5. Greater security (less potential manipulation)
6. Global free market exposure (24/7 global pool of capital)
7. Lower issuance fee (Tokenisation-as-a-Service)
8. Easy to track (via DLT)
9. Applicable to all Asset Class (Equity, Debt, Oil, Gold, Fine Art...)
10. Compliance built in (Asset interoperability: frictionless)
11. Regulated (Accountability and credibility)
12. New financing models (Never possible before)
RKT Implications
The STACS Protocol provides good news for RKT holders.
Not only will RKT Holders continue to benefit from the ever-expanding utility within the GSX Group ecosystem – which will include the GBX, the GSX, as well as other business lines – but RKT will also be the token which drives the utility within the STACS Protocol. We will provide further details in our technical white paper which will be released in the coming weeks.
I remain more excited than ever about the future of the GSX Group, the future of the STACS Protocol, and most importantly the future of RKT/STACS.
We will ensure that we keep the TG channel up-to-date with all announcements as they happen over the next few months.
Nick Cowan
CEO - GSX Group
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CEO Fortnightly Message 16/11/18 Dear FORTs, I’m sure by now you have all seen the announcement regarding our new Joint Venture, Hashtacs Inc. and the STACS Protocol. I want to expand more on our plans and the future for the GSX Group and the fintech ecosystem that we are building, so, great news. Today, you’ll be getting not one, but two updates from me. I want to go into as much detail as I currently can, regarding STACS (formerly GSP but now so much more), and to do that, it requires a second message to you all. Don’t worry, I won’t make you wait. It’s coming shortly after this update. Without further ado, what’s been happening at the GBX over the last two weeks: 1. Hashstacs Inc. Joint Venture This week we announced Hashstacs Inc., a joint venture between GSX Group, Chong Sing Fintech Holdings Limited and Prime Fintech Ltd. There’s a lot to tell you, but if you missed the official announcement, you can find it below. I will be following up this message with a dedicated update on STACS. Keep your eyes peeled. https://www.gsx.gi/article/9464/gsx-group-establishes-hashstacs-inc-as-a-joint-venture 2. Maecenas ART Token to be listed on the GBX-DAX The company behind a decentralised art gallery auction market, Maecenas, and their token ART are to be listed on the GBX-DAX. Brought to GBX by the Sponsor Firm Lightbulb Capital, trading for the ART token will be live from the 19th November, you can deposit now to be ready in time, and you can read about this latest listing and the utility of the ART token, here: https://gbx.gi/news/maecenas-art-token-to-be-listed-on-gibraltar-blockchain-exchange/ 3. GBX-DAX Supports the BCH Hard Fork With the latest developments in the Bitcoin Cash (BCH) hard fork yesterday, the GBX-DAX supported the change-over relating to a software upgrade. The GBX has taken care of all processes associated with the fork for our users, if you have any queries, please e-mail info@gbx.gi or message in the TG community. You can read about the BCH hard fork, and the GBX-DAX related procedures here: https://gbx.gi/news/gbx-supports-upcoming-bch-hard-fork/ 4. GSX Group On The Road Web Summit 2018 The GBX was present at the colossal Web Summit in Lisbon, exhibiting to the 70,000+ attendees over the three-day event. It has been a year since we began our initial roadshow at Web Summit 2017, in which time we have developed an entire ecosystem to be proud of. You can view the write up of the event here: https://gbx.gi/news/gbx-at-2018-web-summit-in-lisbon/ Societe Generale Innovation Week UK The GSX Group was invited to the inaugural Societe Generale Innovation Week UK in London. Hosted by Societe Generale as a networking and collaboration event, I had the opportunity to give a presentation on the GSX Group ecosystem and our latest developments. The details of the Innovation Week can be seen here: https://gbx.gi/news/gbx-societe-generale-innovation-week-uk/ 5. BIC Gibraltar Blockchain Educational Workshop The GSX Group is always looking for ways to support the blockchain economy, both in Gibraltar and abroad. This is why we set up the Blockchain Innovation Centre (BIC), whose mission statement is to help grow and support the industry workforce for the new digital era. On the 19th November, the BIC in association with London Blockchain Labs is hosting a blockchain workshop at the University of Gibraltar. The event sold out 100+ tickets in just 10 days. Keep an eye out for future events, not just in Gibraltar. You can view the details here: https://www.bic.gi/2018/11/07/announcing-the-blockchain-educational-workshop-in-collaboration-with-the-university-of-gibraltar/6. Consensus: Invest 2018 NYC The team and I will be heading to the Consensus Invest event on the 27th of November in New York. As one of the world's premier blockchain events, it is an excellent opportunity for us to promote the work of GSX Group. We will have a booth so please stop by if you’re attending! It is always great to meet our community. https://www.coindesk.com/events/consensus-invest-2018 That’s it for this news round-up, there have been some interesting developments for the GBX and the GSX Group as a whole. The latest JV with Hashstacs is an incredible step forward in our plans to transform the capital markets using blockchain technology. You’ll see my additional message regarding the Joint Venture shortly. Nick Cowan CEO - GBX Wow such huge updates meanwhile, other projects within the same category are dead. Can we stay like this please? I think if I have extra funds in the near future, I will buy some GBX. Mind sharing any markets of GBX right now? Will be such a good help. And anyways, Keep up the good work folks! Thanks so much for your continued support! Of course you can always buy RKT from GBX DAX https://exchange.gbx.gi/ but here are some other markets: https://coinmarketcap.com/currencies/rock/#markets |
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CEO Fortnightly Message 16/11/18 Dear FORTs, I’m sure by now you have all seen the announcement regarding our new Joint Venture, Hashtacs Inc. and the STACS Protocol. I want to expand more on our plans and the future for the GSX Group and the fintech ecosystem that we are building, so, great news. Today, you’ll be getting not one, but two updates from me. I want to go into as much detail as I currently can, regarding STACS (formerly GSP but now so much more), and to do that, it requires a second message to you all. Don’t worry, I won’t make you wait. It’s coming shortly after this update. Without further ado, what’s been happening at the GBX over the last two weeks: 1. Hashstacs Inc. Joint Venture This week we announced Hashstacs Inc., a joint venture between GSX Group, Chong Sing Fintech Holdings Limited and Prime Fintech Ltd. There’s a lot to tell you, but if you missed the official announcement, you can find it below. I will be following up this message with a dedicated update on STACS. Keep your eyes peeled. https://www.gsx.gi/article/9464/gsx-group-establishes-hashstacs-inc-as-a-joint-venture 2. Maecenas ART Token to be listed on the GBX-DAX The company behind a decentralised art gallery auction market, Maecenas, and their token ART are to be listed on the GBX-DAX. Brought to GBX by the Sponsor Firm Lightbulb Capital, trading for the ART token will be live from the 19th November, you can deposit now to be ready in time, and you can read about this latest listing and the utility of the ART token, here: https://gbx.gi/news/maecenas-art-token-to-be-listed-on-gibraltar-blockchain-exchange/ 3. GBX-DAX Supports the BCH Hard Fork With the latest developments in the Bitcoin Cash (BCH) hard fork yesterday, the GBX-DAX supported the change-over relating to a software upgrade. The GBX has taken care of all processes associated with the fork for our users, if you have any queries, please e-mail info@gbx.gi or message in the TG community. You can read about the BCH hard fork, and the GBX-DAX related procedures here: https://gbx.gi/news/gbx-supports-upcoming-bch-hard-fork/ 4. GSX Group On The Road Web Summit 2018 The GBX was present at the colossal Web Summit in Lisbon, exhibiting to the 70,000+ attendees over the three-day event. It has been a year since we began our initial roadshow at Web Summit 2017, in which time we have developed an entire ecosystem to be proud of. You can view the write up of the event here: https://gbx.gi/news/gbx-at-2018-web-summit-in-lisbon/ Societe Generale Innovation Week UK The GSX Group was invited to the inaugural Societe Generale Innovation Week UK in London. Hosted by Societe Generale as a networking and collaboration event, I had the opportunity to give a presentation on the GSX Group ecosystem and our latest developments. The details of the Innovation Week can be seen here: https://gbx.gi/news/gbx-societe-generale-innovation-week-uk/ 5. BIC Gibraltar Blockchain Educational Workshop The GSX Group is always looking for ways to support the blockchain economy, both in Gibraltar and abroad. This is why we set up the Blockchain Innovation Centre (BIC), whose mission statement is to help grow and support the industry workforce for the new digital era. On the 19th November, the BIC in association with London Blockchain Labs is hosting a blockchain workshop at the University of Gibraltar. The event sold out 100+ tickets in just 10 days. Keep an eye out for future events, not just in Gibraltar. You can view the details here: https://www.bic.gi/2018/11/07/announcing-the-blockchain-educational-workshop-in-collaboration-with-the-university-of-gibraltar/6. Consensus: Invest 2018 NYC The team and I will be heading to the Consensus Invest event on the 27th of November in New York. As one of the world's premier blockchain events, it is an excellent opportunity for us to promote the work of GSX Group. We will have a booth so please stop by if you’re attending! It is always great to meet our community. https://www.coindesk.com/events/consensus-invest-2018 That’s it for this news round-up, there have been some interesting developments for the GBX and the GSX Group as a whole. The latest JV with Hashstacs is an incredible step forward in our plans to transform the capital markets using blockchain technology. You’ll see my additional message regarding the Joint Venture shortly. Nick Cowan CEO - GBX |
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If forced to enter cous, then no it is not dex exchange. Yes, and another alarm bell, the fact that they started blocking aypishniki citizens of the United States and China and do not remember who else. Yes, it all costs, but very unpleasant. As for xyo, I watch the price and buy off little by little, these tokens are very good at responding to news from the team.
There's still time to buy XYO tokens from the Gamma sale, you can do so here: https://get.xyo.network/flow/ As for which exchanges the token will be listed on, those details will come in time. According to Scott at Spatial, XYO has been audited and approved by 10 of the leading crypto exchanges. Watch the Keynote from Spatial if you haven't already https://www.facebook.com/spatialbyxyo/videos/2209351522723198/ |
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More and more developments and partnerships are being announced, so that is good news for us. Just in the past week, we see the Didi partnership, then followed up by the Malta Blockchain Summit. And then we see Mr John McAfee's picture here. Good to see for us supporters (even though it should be pointed out here that McAfee was just a photo not partnership). But the real news we are looking forward to is the token sale. Remember guys, it was supposed to be early Q4! One more week to middle Q4 Yes, the team remember this and thank you for being around No problem! As you know, a lot of participants and supporters decided not to continue, but several of us have stayed on for two or three more months since that time, and we are keenly following all the updates,,, I regularly help post the official news in the local boards too, because a lot of people are still watching the space. Your supporters are still here for sure, but hopefully the team cares for them and gives them (us) updated information very soon. I saw now that the bounty date is extended to 17 November, which is fine and I can even wait longer, but this means we will already miss the "early Q4" token sale postponement. It is important the team gives advance notice before deadlines are met, hope you guys can take care! Good luck Thanks so much for your continued support! I can honestly state that the Momentum Protocol team truly values and appreciates their community. We'll continue to share updates as that information becomes available. Please continue to keep a close eye on the project. Great things to come! |
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📣 Dear XYO Network Community 📣
The first Keynote Presentation at SPATIAL is LIVESTREAMING NOW **❗️Tune in LIVE to watch the WinterNet launch on the XYO YouTube Channel https://bit.ly/2QvNVSp or on the Facebook Fan Page ** https://bit.ly/2PklwSN Don’t forget to subscribe on YouTube and click the like button on Facebook 🙂
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Hey XYO Network community! If you’re in town for Spatial please make sure to join the Spatial Telegram group https://t.me/spatialXYO - It's a great place to coordinate with other attendees!
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Momentum Protocol Events
This November 1-2, 2018 our team joined industry experts at the Malta Blockchain Summit!
About Malta Blockchain Summit
A Buzzing Show on the Blockchain Island! Malta, with its new regulatory framework, is leading the pack.
Our Director Business Development Sander de Bruijn and our Advisor Juergen Hoebarth accompanied by Cryptotrader’s Vincent Breukers met with John McAfee. McAfee Tweeted about the Summit: “5,000 people showed up for the Malta Blockchain Summit. This is by far the most influential and energetic meeting of minds within the crypto community that I have had the pleasure to address. We are growing. We are coming into our power.”
Our team also met with multiple potential crypto and blockchain high rollers for token/equity fund raising.
Stay up to date with Momentum Protocol! https://lnkd.in/dZ54i3N
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