I think it will be. The volatility of all cryptos is killing the gains. Parking gains in a Stablecoin makes sense. I like Globcoin - it makes sense.

Yes, it's true that there are too many ICO's... but maybe it's a good thing that we have options.

Different projects fit different needs from different communities.

You just have to do a good research and find the most suitable one for you.

A few things about Globcoin
Globcoin is a multi-currency payment platform that combines the advantages of fiat currency with those of digital money.  Launched by Reserve Currency Solutions SA, a Zug based company, it aims to provide individuals from all around the world access to fast, secure and cheap transactions.

Globcoin is dedicated to creating an environment in which clients will be able to build currency baskets according to their needs. The platform’s currency is associated with 15 of the most important global economies and gold.

Thanks to the Ethereum blockchain technology on which the platform is based, the services that were once reserved to a select few, will now be available to the mainstream public.

Currency baskets are a varied set of selected currencies with different weightings. These currency baskets have the role of minimizing the risks of value fluctuations that can occur in a single reference currency. Globcoin has been offering cryptocurrency baskets to family offices and significant organizations since the year 2012, and now they will make this from of currency management available to all customers.

But even though the advantages of currency baskets seem obvious, their use is dependent on a few restrictions:

– The barrier of size: the foreign exchange market only trades in large amounts.

– The barrier of price: only experienced currency managers will receive liquidity and good pricing for transactions involving currency pairs from the basket.

– The barrier of infrastructure: buying and selling individual currency pairs, with one of them being quoted by a very limited number of counterparts, requires a dedicated infrastructure and professional team.

Globcoin has developed two Ether tokens:

GCP – a Utility Token that has the ability to issue and access various currency baskets on the platform, including but not limited to the World Reserve Currency (GLX).

GLX – a Token that is connected to the 15 largest fiat world currencies and Gold. The GLX is 100 % backed on a 1-to-1 ratio and for every GLX issued by the Prime Bank there will be collateral ibn fiat currencies and gold. For issuing and exchanging GLX for fiat currency, GCP Utility Tokens are needed.

The team behind the project
Having headquarters in UK and Switzerland, Globcoin brings together a talented collective of individuals which are well versed in FX, blockchain and successful entrepreneurship.

Helie d’Hautefort is one of the company’s co-founders and CEO, known for setting up the first European currency overlay manager and then selling it to BNP Paribas, turning it into a world leader with a revenue of over USD 23 million of AUM.

Bertrand Weisgerber, also a co-founder – he is the current manager and creator of TLS Contact, which over time has become a world leader of visa application, having centers in over 62 countries (15 in China).

More about the ICO
For Globcoin to further continue its development, there will be a token sale with the GCP Utility Token. The fund that will result from this event will be used in improving the current structure of the platform, marketing and PR, customer acquisitions and partnership programs. The proceeds from the funds will also finance 2 years of future Globcoin operations such as legal and administration costs.

Token name – GCP;
GCP created per 1 Ether – 100;
Minimum Ether to be collected (participants can claim a refund if this floor is not reached)-5,000;
Maximum Ether (the token sales ends if this cap is reached)- 150,000;
Maximum Ether (the pre-sale ends if this cap is reached)- 30,000;
Maximum number of tokens generated to crowdsale participants- 15 850 000 to 37.8%;
Maximum number of tokens generated to pre-sale participants- 5 100 000 to 12.2%;
Maximum number of tokens generated for future business development, and market expansion- 12 570 000 to 30%;
Maximum number of tokens generated to team, adviser and early backers- 8 380 000 to 20%;
Maximum number of GCP generated- 41 900 000 to 100%
Globcoin will provide a stable infrastructure on which all members of the community can engage in safe, liquid and cost-effective transactions with fiat and digital currencies alike.

Globcoin will make an appearance at the following crypto-related events: London Blockchain Week on January 18 -19th; 6th North American Bitcoin Conference on January 18 -19th in Miami; Crypto Finance Conference on January 17-19th in St. Moritz, Switzerland; DC Blockchain Summit on March 6-8th in Washington.

Hey!

We appreciate the insight. And you're right: Debate is normal... and healthy.

Our advisor Giuseppe Ballocchi says:

The composition of GLOBCOIN is determined by the invisible hand of decentralized market forces, and not by any centralized authority or central bank.  The rules that are used to determine its composition are designed to measure and reflect the results of those forces, as the historical track record shows. The concept of having weights based in GDP adjusted by purchasing power parity has proven very sound over the years, and in fact it has not only reflected, but even anticipated the impact of market forces. Blockchain technology, which was not available when we came up with the concept undelying the globcoin, empowers us to make it widely avalailable.

Our CEO Helie D'hautefort says:

Our role is to help people to cope with the fact that we live in a globalized world. We're not judging wether it is good or bad, but stating it is a fact.
Our mission is to help people facing some of the consequences of this globalization, given that the strengh of their currency has a direct impact on their purchasing power . By offering diversification into the 15 largest economies thought our currency basket, as easy as a click, we will provide protection against this risk.

And we are also providing one of the most stable cryptocurrencies in the industry, because diversification brings stability . That is why our basket (which is already being traded for large clients) has been far less volatile against all other currencies than anything else including well known safe haven such as the Swiss franc or Gold.

Hi Emily,

The regulatory status of our tokens and distributed ledger technology is still unclear or unsettled in many jurisdictions. It is difficult to predict how or whether regulatory agencies may apply existing regulation with respect to such technology and its applications, including the GCP Platform and the GCP Tokens.
 
Basically, each purchaser of  GCP Tokens shall represent and warrant that they’re not a citizen of North Korea ,Iran • Iraq • Lybia • Syria • South Sudan • Cuba, or the USA (for citizenship or residency but qualified investors can contact us by email)
 
They need to be residents of a Permitted Jurisdiction and is legally permitted to purchase and  receive GCP Tokens.

Here's a blog that may answer your question:

10 reasons to invest in GLOBCOIN -> https://medium.com/@globcoin_io/10-reasons-to-invest-in-globcoin-a10c9bcf8e43

We trust ETH. Its forward techonology will allow us to launch our cryptocurrency GLOBCOIN in January.

I know what you mean... people are starting to act fanatic and preaching everywhere.

At the same time... it is kind of a big global event, so a reaction like this was expected.

Remember GLOBCOIN has 2 tokens! We made a graph to explain it better:

https://medium.com/@globcoin_io/the-difference-between-gcp-and-glx-d38858afe9a6

As you probably noticed, the increasing and unstoppable globalization affects global politics, global culture, and of course, global economy. We no longer live in isolation, as something happening in one region is closely linked to consequences all over the World. In 2016, for example, the US presidential election and Brexit caused upheaval in global financial markets.

Even though we live in a global world, the system still works in terms of local currencies. We live global but we save local, and a solution to this global currency paradox hadn’t been made available to the community before.

GLOBCOIN wants to create a real global currency for the global village. Their digital coin that intents to reflect the world economy by combining the best aspects of cryptocurrencies and the best aspects of fiat (or traditional) currencies. The plan is to link this digital coin to a basket of currencies from the 15 largest world economies and 5 % Gold.

Their ICO starts on January 13th.

How about GLOBCOIN?

They want to create a real global currency for the global village we all live in. GLOBCOIN is a digital coin that intents to reflect the world economy by combining the best aspects of cryptocurrencies and the best aspects of fiat (or traditional) currencies. The plan is to link this digital coin to a basket of currencies from the 15 largest world economies and 5 % Gold.

PRE-ICO starts on January 8th with 70% bonus

Funny how the team always seems to be the most important.

It goes with this article I found, it might be very helpful for you:  https://cryptodaily.co.uk/2017/12/the-6-golden-rules-for-investing-in-cryptocurrency/

For example, GLOBCOIN has a remarkable team. You should check them out.

As you probably noticed, the increasing and unstoppable globalization affects global politics, global culture, and of course, global economy. We no longer live in isolation, as something happening in one region is closely linked to consequences all over the World. In 2016, for example, the US presidential election and Brexit caused upheaval in global financial markets.

Problem: Global economy, local currencies
As you drink your morning coffee, observe it for a moment and think about this: Many national economic systems and currencies have participated in the process of bringing that coffee to your table. The value of that cup of coffee is sensitive to currency fluctuations all over the globe… just as your wealth.

Read full article: https://medium.com/@globcoin_io/about-that-coffee-youre-having-and-economic-globalization-41879677fde5

BITCOIN GARDEN, DECEMBER 25, 2017

Globcoin is a multi-currency payment platform that combines the advantages of fiat currency with those of digital money.  Launched by Reserve Currency Solutions SA, a Zug based company, it aims to provide individuals from all around the world access to fast, secure and cheap transactions.

Globcoin is dedicated to creating an environment in which clients will be able to build currency baskets according to their needs. The platform’s currency is associated with 15 of the most important global economies and gold.

Thanks to the Ethereum blockchain technology on which the platform is based, the services that were once reserved to a select few, will now be available to the mainstream public.

Currency baskets are a varied set of selected currencies with different weightings. These currency baskets have the role of minimizing the risks of value fluctuations that can occur in a single reference currency. Globcoin has been offering cryptocurrency baskets to family offices and significant organizations since the year 2012, and now they will make this from of currency management available to all customers.

But even though the advantages of currency baskets seem obvious, their use is dependent on a few restrictions:

The barrier of size: the foreign exchange market only trades in large amounts.
The barrier of price: only experienced currency managers will receive liquidity and good pricing for transactions involving currency pairs from the basket.
The barrier of infrastructure: buying and selling individual currency pairs, with one of them being quoted by a very limited number of counterparts, requires a dedicated infrastructure and professional team.
Globcoin has developed two Ether tokens:

GCP – a Utility Token that has the ability to issue and access various currency baskets on the platform, including but not limited to the World Reserve Currency (GLX).
GLX – a Token that is connected to the 15 largest fiat world currencies and Gold. The GLX is 100 % backed on a 1-to-1 ratio and for every GLX issued by the Prime Bank there will be collateral ibn fiat currencies and gold. For issuing and exchanging GLX for fiat currency, GCP Utility Tokens are needed.
The team behind the project

Having headquarters in UK and Switzerland, Globcoin brings together a talented collective of individuals which are well versed in FX, blockchain and successful entrepreneurship.

Helie d’Hautefort is one of the company’s co-founders and CEO, known for setting up the first European currency overlay manager and then selling it to BNP Paribas, turning it into a world leader with a revenue of over USD 23 million of AUM.

Bertrand Weisgerber, also a co-founder – he is the current manager and creator of TLS Contact, which over time has become a world leader of visa application, having centers in over 62 countries (15 in China).

More about the ICO

For Globcoin to further continue its development, there will be a token sale with the GCP Utility Token. The fund that will result from this event will be used in improving the current structure of the platform, marketing and PR, customer acquisitions and partnership programs. The proceeds from the funds will also finance 2 years of future Globcoin operations such as legal and administration costs.

Token name – GCP;
GCP created per 1 Ether – 100;
Minimum Ether to be collected (participants can claim a refund if this floor is not reached)-5,000;
Maximum Ether (the token sales ends if this cap is reached)- 150,000;
Maximum Ether (the pre-sale ends if this cap is reached)- 30,000;
Maximum number of tokens generated to crowdsale participants- 15 850 000 to 37.8%;
Maximum number of tokens generated to pre-sale participants- 5 100 000 to 12.2%;
Maximum number of tokens generated for future business development, and market expansion- 12 570 000 to 30%;
Maximum number of tokens generated to team, adviser and early backers- 8 380 000 to 20%;
Maximum number of GCP generated- 41 900 000 to 100%
Globcoin will provide a stable infrastructure on which all members of the community can engage in safe, liquid and cost-effective transactions with fiat and digital currencies alike.

Globcoin will make an appearance at the following crypto-related events: London Blockchain Week on January 18-19; 6th North American Bitcoin Conference on January 18-19 in Miami; Crypto Finance Conference on January 17-19th in St. Moritz, Switzerland; DC Blockchain Summit on March 6-8 in Washington.

I think GLOBCOIN has a good base for stability.

GLOBCOIN relies on the expertise of a professional team, to create a basket of currencies that will enable its holders to strategically use the most stable element in the basket. This technique has proven to be even more stable than the Swiss Franc. Each basket created by GLOBCOIN will have initial weights corresponding to a specific need of a community.

ICO starts in January.

You should check GLOBCOIN!

Their cryptocurrency is linked to a currency basket and their team is unbelieveble

Thanks and please shoot us back any questions

thanks. We're getting good traction on this tbh

thanks. The team have great experience in FIAT currencies and TECH. Combining those with Blockchain technology opens a great opportunity for investors, which genuinely no-one else offers with the same depth and breadth.