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Read something being discussed regarding the GTN token being listed on BINANCE. Is this true and at what stage are things now. Regards.
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One quick question, heard that the DiaEx diamond trading platform would be launched for Stage 1 in the next few days. Can you explain what exactly Stage 1 means? We were expecting that the platform would handle trade and use the GTN token to settle payments. Thanks.
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Any news about the GTN exchange listings, have traded on Stellarport but looking forward to the GTN being listed on other exchanges too.
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Saw a post on your Telegram about, Glitzkoin supporting the diabetes awareness program in Malaysia - awesome and is this, a regular feature I mean the community support activity.
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Was looking to buy a diamond online, noticed that certified diamonds are always charged at a higher price. Considering that you are insisting on certified diamonds to be listed on diaex, will the prices of those diamonds not be too high. Just curious because, if that was true it would mean that the trade figures that you guys estimated for glitzcoin would be tough to achieve.
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I heard somewhere about the diamond price estimator released by Glitzkoin. Accessed the link from the main website at www.glitzkoin.com seemed to understand the functionality of the tool but, did not understand how this is relevant to the DiaEx diamond exchange. Also is the utility of this diamond price estimator, more suited to diamond buyers or sellers. I am not a diamond buyer, just a modest crypto investor. At the end of the day, I realize that better use of the DiaEx trading platform by diamond traders, would ultimately result in a higher demand for the GTN token. We all know what increased token demand does to the price
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You guys should have learned by now that, blockchain and cryptos as technologies - would mean little if they did not deliver benefits to the real world. The glitzcoin diamond blockchain project, does root itself in the glittering industry but, do you have sufficient industry knowledge to really pull this off. While it is true that not many industry specific blockchain projects have been attempted, the underlying cause is no secret. There is a wide gap between business and technology - how do you expect to bridge that in the case of the diamond industry. As crypto centrics we are really not interested in diamonds but, the price of the gtn token (something that interests us all) is surely tied to the usage of the diaex diamond trading platform.
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As far as i understand, from my research on your project, that it will succeed if you are able to convince people in investing in diamonds as an asset class, which is currently not the case. What are your views on it, and are you guys doing anything about it.
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konstant111 : great question let the team answer that but as an investor, I saw some advantages that this project has over other diamond blockchain concepts. Most projects begin with a technology, they then try to see where that can be applied in an industry. In the case of Glitzcoin, the CEO is already a second generation diamond veteran, he knows the weak spots in the industry. So he actually went scouting for a technical solution and was impressed with blockchain technology. What I mean to say is that, every feature incorporated into the blockchain application here, addresses a specific weakness or inefficiency in the diamond industry. And with an industry insider on the top, the diamond community is more likely to follow his advice. As crypto investors, we are of course keen to see GTN token demand rise, due to diamond trade on their platform - I think they call it Diaex. Since the annual turnover of the diamond industry is close to 90 billion dollars, the scope for token demand is significantly high. Keeping fingers crossed.
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After researching this project it does seem that you guys have at least 2 streams of potential demand for the GTN token. The crypto exchange activity is fine, much of the trading now is from crypto world participants I guess. But when you do launch the DiaEx diamond trading platform in the last Q2018, demand for the token could spike considerably. A sudden jump in GTN token prices might please some but, I prefer a gradual appreciation - just to keep reckless speculation away. It might be a good idea to build up the diamond list on the exchange, in steps - not all at a time. Saying this after I say this, info pic on your website.
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Thanks for all this info guys. It helped me make an invest decision .... and at the end I decided to put some money into this project. So far things seem to be going good for the project. I mean, when more than 80% of the cryptos floated in the last 10 months are quoted at 70% of even 90% below their ICO price, these GLITZKOIN guys seem to be doing pretty good. In the end, it is all about making money. Did read those links with interest, conflicts, jealousy, rumors etc is something that every business has to face. As far as family squabbles are concerned, some of Asia's top business families have such incidents. In any case, the information shared here is appreciated. Hope that all you guys are doing well now. Stay in touch.
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