🚀 GLOBCOIN - Bringing Stablecoins to the Next Level

[EvaGC]

New on the blog:
"How the weights are calculated in the GLX currency basket?"

https://medium.com/@globcoin_io/how-the-weights-are-calculated-in-the-glx-currency-basket-20d5fb0491c7

[CP_Processor]

During our extensive market research, we have come across some devastating facts. The majority of people that are dealing with cryptocurrencies, still has no clue what the concept of stablecoins is all about. That is why we have decided to start a public group StableCoins, whose sole purpose will be to educate the community about the potential and significance of stablecoins in general.

If you are interested in stablecoins, join the public group StableCoins, and help us spread the word - https://www.facebook.com/groups/208634679804038/

We strongly believe that stablecoins might be the key to mass adoption of cryptocurrencies!

[Ginzink]

During our extensive market research, we have come across some devastating facts. The majority of people that are dealing with cryptocurrencies, still has no clue what the concept of stablecoins is all about. That is why we have decided to start a public group StableCoins, whose sole purpose will be to educate the community about the potential and significance of stablecoins in general.

If you are interested in stablecoins, join the public group StableCoins, and help us spread the word - https://www.facebook.com/groups/208634679804038/

We strongly believe that stablecoins might be the key to mass adoption of cryptocurrencies!

One of the arguments used by the people against crypto as a currency is the volatility in it.
Stablecoin however should not experience that, and be a safer way for store owners to accept crypto payments.

Some small volatility between different stablecoins giving a marked like FOREX is how i see the future. And the projects trying to solve other problems will be more like stocks and have the bigger volatility.

[PNToken]

Stablecoin certainly a good idea and a good idea, but I'm looking at your token and it seems to me there is no interest.

[EvaGC]

Stablecoin certainly a good idea and a good idea, but I'm looking at your token and it seems to me there is no interest.

Hi. Our stablecoin GLX is not out in the Blockchain yet. The full vision of GLOBCOIN will be more clear by then.

[yuanbao2018]

Seems very promising project, complete details and information and having a professional team running the project. Joined your telegram already,
I will always participate in your reward program and hold the token till the end

[PNToken]

Stablecoin certainly a good idea and a good idea, but I'm looking at your token and it seems to me there is no interest.

Hi. Our stablecoin GLX is not out in the Blockchain yet. The full vision of GLOBCOIN will be more clear by then.

Hi, I follow the company and participated in the bounty. Why so long? A token does not even have a normal exchange.

[EvaGC]

Stablecoin certainly a good idea and a good idea, but I'm looking at your token and it seems to me there is no interest.

Hi. Our stablecoin GLX is not out in the Blockchain yet. The full vision of GLOBCOIN will be more clear by then.

Hi, I follow the company and participated in the bounty. Why so long? A token does not even have a normal exchange.

More Exchanges will be announced for the GLX. The project is on the right track and the team is working every day to make this possible. You can check the roadmap :
https://globcoin.io/index.html#next-developments

[EvaGC]

A closer look at GLOBCOIN partners:
https://medium.com/globcoin-io/globcoin-partnerships-and-alliances-715b360e7566

[EvaGC]

GLOBCOIN at the Fin/Sum Asia 2018:
https://medium.com/globcoin-io/globcoin-will-be-at-japans-largest-fintech-summit-29caec2e64c5

[EvaGC]

GLOBCOIN GLX featured in  blockchain.com latest in-depht research on stablecoins (pag 67)
file:///C:/Users/Evalien/Downloads/StablecoinsReportFinal.pdf

[invincible49]

As much I was excited to invest in Globcoin earlier this year knowing that the nature of GCP being a stablecoin could attract a lot of people's attention. But it looks like there are a very few people know about GCP right now. Is it down to poor marketing or having no big partner to support the progression of the project? Being listed on Lykke which is with a very low volume is not helping ICO investors like me. It has been months, hopefully there will be some movement from the team regarding exchange listing when GLX is launched.

[EvaGC]

As much I was excited to invest in Globcoin earlier this year knowing that the nature of GCP being a stablecoin could attract a lot of people's attention. But it looks like there are a very few people know about GCP right now. Is it down to poor marketing or having no big partner to support the progression of the project? Being listed on Lykke which is with a very low volume is not helping ICO investors like me. It has been months, hopefully there will be some movement from the team regarding exchange listing when GLX is launched.

Hi! I showed your message to the team and this is an answer from Globcoin CEO Helie d'Hautefort:

We understand your impatience and we share it but Globcoin is an ambitious project. The team is working hard for the GLX to be launched soon and we are reaching our milestone as indicated in the Road Map. As you know the interest of GCP will be intrinsically linked  to the success of the GLX. In the current context ,we do not want to neglect any aspect of the project . We will announce next week  several major achievements that will show the work done by the team. Stay tuned. We value each member of our community.

[EvaGC]

Shared by Helie, Globcoin CEO, on Telegram:

Hello everyone,
I recently got back from Tokyo where we met very interesting people and investors who heard everything about GLOBCOIN projects and achievements so far.
Last days have been so busy for everybody, I just want to thank our community for being patient and for bearing with us all this time! Turns out bringing stablecoins to the next - and better - level requieres more time and work than we originally accounted for.
Finally we're entering Q4 with very exciting news: The GLX is alive and kicking! After running internal tests with the GLX we can definetly say that:
- The GLX token deployment has been successful
- The GLX is live on the Blockchain, the infrastructure IS THERE
We expect the GLX to be listed on several exchanges soon, we're just waiting for one more final "go" from authorities, as we want to be fully compliant to prevent inconveniences in the future
The next weeks will be full with positive announcements for everyone.
Did we mention we're in final discussions with a big international company who will use the GLX as their payment token? This is very significant and exciting for all of us as we will see the GLX fulfilling its intended original purpose: a stable, reliable, payment token!
Once again thanks for being here and stay tuned for the next news!

[KimberlyGB]

As much I was excited to invest in Globcoin earlier this year knowing that the nature of GCP being a stablecoin could attract a lot of people's attention. But it looks like there are a very few people know about GCP right now. Is it down to poor marketing or having no big partner to support the progression of the project? Being listed on Lykke which is with a very low volume is not helping ICO investors like me. It has been months, hopefully there will be some movement from the team regarding exchange listing when GLX is launched.

Hi! I showed your message to the team and this is an answer from Globcoin CEO Helie d'Hautefort:

We understand your impatience and we share it but Globcoin is an ambitious project. The team is working hard for the GLX to be launched soon and we are reaching our milestone as indicated in the Road Map. As you know the interest of GCP will be intrinsically linked  to the success of the GLX. In the current context ,we do not want to neglect any aspect of the project . We will announce next week  several major achievements that will show the work done by the team. Stay tuned. We value each member of our community.

GCP It seems to me a useless and meaningless token that nobody really needs. For a very long time you are trying to convince investors of this, but I look at the price and understand that the team can only promise.

[Hulk1997]

DV8 coin running for these days without any fault, Rewards are coming in steadily. The investors and myself are very excited about this coin and its nice to be part of this team,but we should have good knowledge about this project when we are going invest it this.

[EvaGC]

As much I was excited to invest in Globcoin earlier this year knowing that the nature of GCP being a stablecoin could attract a lot of people's attention. But it looks like there are a very few people know about GCP right now. Is it down to poor marketing or having no big partner to support the progression of the project? Being listed on Lykke which is with a very low volume is not helping ICO investors like me. It has been months, hopefully there will be some movement from the team regarding exchange listing when GLX is launched.

Hi! I showed your message to the team and this is an answer from Globcoin CEO Helie d'Hautefort:

We understand your impatience and we share it but Globcoin is an ambitious project. The team is working hard for the GLX to be launched soon and we are reaching our milestone as indicated in the Road Map. As you know the interest of GCP will be intrinsically linked  to the success of the GLX. In the current context ,we do not want to neglect any aspect of the project . We will announce next week  several major achievements that will show the work done by the team. Stay tuned. We value each member of our community.

GCP It seems to me a useless and meaningless token that nobody really needs. For a very long time you are trying to convince investors of this, but I look at the price and understand that the team can only promise.

The people who can benefit from the GCP are the ones that are going to use the GLX payment token for a reliable, stable and smart means of payment. Holding GCPs will fully open the doors of the GLX once it's launched, and then other stablecoins in the future. Full understanding of the purpose of the GCP can only be achieved by studying the GLX stablecoin first : https://globcoin.io/index.html#glx-stablecoin

[EvaGC]

UPDATE: The GLX is live on the Blockchain. Globcoin’s first stable payment token has been successfully deployed on the Ethereum Blockchain and after several internal tests, the team says that the infrastructure is finally set.

Read the release: https://medium.com/globcoin-io/the-glx-stablecoin-is-live-on-the-blockchain-5672779c6072

[EvaGC]

A message from the Globcoin Team:

We hope your 2018 was full of great achievements as it was for us. This year we brought the GLX to the world, a unique global payment digital currency with an unparalleled stability; turning our hopes into clear objectives and our ideas into concrete projects.

It's almost 2019 and we feel strong and optimistic to accept the challenges that lie ahead, as long as we count on your trust and enthusiasm. Thank you for staying close by us, and we look forward to see you next year, as we continue our journey of bringing stablecoins to the next level.

Merry Christmas and Happy New Year 2019 to you and your loved ones.

[EvaGC]

[Taken from the Globcoin Medium blog]

How can the GLX benefit NGOs and international organizations?

Among the many use cases for the GLX stablecoin, we could say the most globally important one is for Non-Governmental Organizations (NGOs) and other nonprofit organizations.

“Donations in cryptocurrency have been increasing in frequency. Due to their transparency and accountability, non-profit organizations have started to accept contributions in digital currencies, and this is has helped them to raise more funds from a new subset of donors” — Alexander Lielacher
Many causes accept bitcoin and other cryptocurrencies today as a method of donating. However, the blockchain and solutions like the GLX have other important roles to play for NGOs in terms of transparency, speed, convenience and costs. That is why the Blockchain has been adopted by NGOs and will continue to benefit this sector in the future.

✔ Transparency and public trust
The public image of NGOs and charities relies on complete accountability. Working on the Blockchain will ensure that records and remittances cannot be manipulated by third parties, and remain transparent, which can help organizations gain trust from donors and the general public.

✔ Speed and convenience
Blockchain is being used to verify payments and track goods and services to ensure both are reaching their destination, often in more remote parts of the world and usually without a traditional or robust infrastructure.

✔ Low transaction fees
“UK charities, for example, are losing 50 million euros a year in transfer fees and exchange rate” — Ayush Aggarwal
International organizations need to ensure all donations are cost-effectively transmitted to the area of need with minimal transaction or administration costs. This is where the GLX fits in. NGOs and Charities can avoid the high foreign exchange costs in remittances by using the GLX: a stablecoin within the crypto world. Cross-border payments can be done quickly and efficiently at a small cost and without the risk of losing value during the conversion process. So far, the payment service provided by Globcoin and the GLX is the best cost-effective solution for instant and transparent remittances.

✔ Providing global values in a stablecoin format
Even if the advantages of cryptocurrencies are obvious for NGOs and nonprofit organizations, they still have to deal with one last issue: volatility. This is where stablecoins come in as an alternative: sending money across countries with differing levels of inflation can be challenging in terms of ‘holding the value’, and even obtaining stable fiat currencies like USD is not possible in cases like Venezuela, for example. The GLX is the most global stablecoin of all, and represents the perfect solution for the NFP sector.

The GLX is based on the currencies representing the core world economies today, reflecting the diverse components of the global mix with a small overweighting to the key emerging economies across all continents. The GLX provides stability for international organizations dealing with this problem, offering the benefits of fiat and the benefits of crypto all in one.

Moreover, the GLX will provide a transparent, auditable, and secure protocol. The deposits will be held securely at Prime Banks and regularly audited by a reputable auditing firm. All this, backed by the long experience and reputation of an international team.