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1  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] Golix Token | Golix is a pan-African cryptocurrency exchange on: June 09, 2018, 09:12:44 PM
Golix is a cryptocurrency exchange that has been around since 2015 (albeit only in Zimbabwe). It has now just launched in 3 other countries (Kenya, Uganda, South Africa).
At Golix we believe, very strongly, that cryptocurrency was designed for Africa.
Unlike other exchanges that are primarily designed for day traders, Golix differentiates itself as an outfit focused on the African market and design to incorporate 2 additional customer segments: those sending remittances to Africa and Africans that are looking to make cross-border payments.

IMPORTANT LINKS:
Website: https://golix.com
Tokensale website: https://tokensale.golix.com
Whitepaper: https://drive.google.com/file/d/1P1Ut2d24nvi3Fje1tplhcCpjkL950als/view?usp=sharing
Lightpaper: https://drive.google.com/file/d/1N6Pduam0r3wrjFCQMqDM1fYMIJRzMuFM/view?usp=sharing
Slide Deck: https://drive.google.com/file/d/1CWdjmhX65WafJrYTqKQBuT54AD86cY_Y/view?usp=sharing

GETTING IN TOUCH (SOCIAL MEDIA):
Telegram: https://t.me/golixcommunity
Facebook: https://www.facebook.com/golixdotcom
Twitter: https://twitter.com/golixdotcom
WhatsApp: https://api.whatsapp.com/send?phone=2634761158&text=Hi%20Golix
YouTube: https://www.youtube.com/channel/UC-5gAH6TSu7XYlQvWPTRj9g
Reddit: https://www.reddit.com/r/GolixDotCom/

THE PROBLEM
The majority of Africans have no mechanisms to exchange value between the continent’s fiat currencies and cryptocurrency options and vice versa. This has denied them of a decentralised solution to
some of the challenges inherent in the African financial services ecosystem such as:
A broken remittances model that is littered by inconvenient and extremely risky informal solutions. These are only substituted by formal solutions that assign punitive charges to migrants sending money to their home countries. The US$60 billion African remittances market has the highest costs for remittances in the world which exceed the already high global average.
Making international payments from any African country is an expensive, slow and complicated process, even for cross border payments. This is attributed to institutional fees, international clearance models and currency shortages.
Access to cryptocurrencies - There are limited ways in which Africans can participate on international cryptocurrency exchanges like Binance due to an inability to buy cryptocurrency with
their local African fiat. They either don’t have access to exchanges or those that are available to them don’t accept their local fiat.

OUR SOLUTION
Golix is addressing these challenges through its active Exchange in Zimbabwe. It now intends to apply these solutions to the rest of Africa by setting up exchanges in multiple countries. A new token - the GOLIX Token (GLX) - will be issued to provide users on all these exchanges an additional means of value transfer between fiat and cryptocurrencies.

THE GOLIX TOKEN - SUMMARY
  • The GOLIX token will be a standard ERC20 token based on the Ethereum blockchain.
  • 1,274,240,097 GLX tokens will be minted, 50% sold through Token Sale.
  • The token sale will start on the 1st of June 2018 and run for 54 days and ending on 25 July 2018.
  • 1 GLX token priced at US$0.05612, in exchange for bitcoin (BTC), Ether (ETH) or Stellar (XLM).
  • Hard cap of US$32,000,000.00 worth of tokens will be sold.
  • Africans to receive 10% bonus over and above any other discounts given.
  • Holders of 100,000 or more GLX tokens will have zero-transaction charges on all trades on the exchange.
  • Golix will set up a fund that will invest in projects that increase the uptake of cryptocurrency and the us age of the GLX token in Africa.
  • GLX token will be listed and tradeable on the Golix.com exchange shortly after tokens are dispersed to buyers.
  • Any trading pair that includes the GLX token will have zero transaction fees.
  • Using their tokens, token holders will have an opportunity to co-invest in African cryptocurrency projects that Golix invests in.

SOME VIDEOS TO LEARN MORE:
https://www.youtube.com/watch?v=2zgS8BqWDAU
https://www.youtube.com/watch?v=UHnoB_10Iww
https://www.youtube.com/watch?v=FjDhB4kay18
https://www.youtube.com/watch?v=AomZtgzsOqk
https://www.youtube.com/watch?v=7YdkYDUkn1s&t=155s


2  Bitcoin / Project Development / Standardising Bitcoin Terminology on: October 17, 2014, 09:06:20 AM
I have started working on an ambitious but important project called Bitcoin Dictionary - http://bitcoindictionary.org.

The problem I am try to solve is that we still don't have a credible source of definitions for Bitcoin-related words. Also, with the Bitcoin-related startups/projects/technologies that are coming up, we have new words being coined every day but we don't have a single place we can go to to find standard definitions of these words.

I know that I'm not the first one to identify this problem and I have only just noticed that it was discussed on this website here: https://bitcointalk.org/index.php?topic=133832.0. I'm writting to get ideas, feedback and contributions from those who can provide definitions and revisions of the definitions I have put there so far.
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