hua_hui (OP)
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November 16, 2017, 03:46:18 PM Last edit: May 11, 2018, 03:22:54 AM by hua_hui |
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Globcoin Crypto Platform is dedicated to provide an infrastructure to build baskets of currencies which correspond to specific communities/users needs . This Platform will be used to launch currency baskets. Up until now, this was reserved only for large clients due to the huge fees and structure of foreign exchange markets. Thanks to Blockchain Technology, it is now possible to offer this to the public. The decentralization enables everyone to access what was reserved to a few privileged market participants.
Isn’t it a revolution that anyone, easily and at very reasonable costs, can behave like a central bank?
3 Problems in Real World With the growing trend of Central Banks to build up currency baskets and/or to peg the national currency to a basket usually not disclosed to the public (China, Singapore,etc), currency baskets can provide the appropriate solution for a variety of needs. Currency Baskets encompass broad investment themes and can be used to express multi-currency views on a tactical, thematic or strategic basis. The Platform intends to provide flexibility to investors and allows them to express a view on a country or a group of currencies, or to hedge against the weakening of others.
Even if the benefits of currency baskets seem obvious, their use is restricted by several barriers.
- The barrier of size: the wholesale foreign exchange market only trade in large amounts
- The barrier of price: only experienced currency managers will get liquidity and good pricing for buying and selling the currency pairs needed in any basket
- The barrier of infrastructure: Buying and selling individual currency pairs, with the less liquid ones being quoted by a very limited number of counterparts, requires a dedicated infrastructure and experienced team
Solution This is why our Group which has been at the forefront of innovation in currency management has been proposing to its large clients (institutionals and family offices) to set up currency basket dedicated to their own needs run by us.
The first basket that will be launched on the platform will be our “flagship“ GLOBCOIN, a basket based on 15 largest currencies of the world and 5% of Gold. By construction, this stable and asset-backed basket corresponds to the needs of many users. It will be an ideal complement for cryptocurrencies holders looking for a stable crypto portfolio. We have been trading this basket for our large clients on the traditional foreign exchange market.
Thought intensive studies, especially for specific clients in Asia, Africa and Western Europe, our platform will be able to launch dedicated tradable baskets to meet the needs of the clients. With just a click of a button, we want our individual clients in the future to be able to buy a basket of specific fiat currency and then add it to the current multi-currency GLOBCOIN prepaid card which is already running successfully.
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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hua_hui (OP)
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November 16, 2017, 03:47:26 PM Last edit: November 22, 2017, 04:56:35 PM by hua_hui |
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(Update 23 Nov 2017) Dear all, Thank you for being a part of the Globcoin community and taking an interest in Globcoin. The learning curve for everyone in our team has been incredible. Over the last few weeks we have had our smart contract developed and audited rigorously by a highly reputable third party. It’s looking good. Over the weekend we spoke with some of our advisors and selective community members, and the feedback was that it would be great idea to let the community audit the code before we deploy it, due to the high number of recent hacks, just as an extra check. ($31m Tether hack gave us the extra scare) The team agree this indeed would be the best way for us moving forward. We have started our bug bounty and you can find more information about it here - https://github.com/Globcoin/crowdsale-contracts#globcoin-bug-bounty-program This of course adds a small delay to the timeline of our ICO which we are in the process of updating and you can expect these changes to be made official across all channels in the next 24 hours. Coupling this with end of year celebrations coming around the corner, we think it would be in the best interests of the community to push the ICO back to January to ensure the greatest range of participation. We see this as a great opportunity to further build our community, grow our presence and have a secure ICO. We look forward to your continued support and happy to answer any questions you may have. We will keep you posted on the updates as we get more information. Regards, Helie, CEO Globcoin
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hua_hui (OP)
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November 16, 2017, 04:33:27 PM |
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A great team. I will signup.
Thanks a lot. Look at the bounty channel and join some of the bounty campaign. Although you cant join the signature campaign but i am sure there are many other choices for you.
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SeveralQ
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November 16, 2017, 06:50:56 PM |
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Hi everyone! Just added Globcoin ICO to my website https://concourseq.io/Q/Globcoin. ConcourseQ is a collaborative due dilligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! (PS: Team welcome to add sale details)
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hicaribou
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November 16, 2017, 10:49:39 PM |
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Interesting , so this project will work like coinbase but with a new system? And 10,000 ETH is a really large amount for min cap, do you already have a private investor?
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hua_hui (OP)
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November 16, 2017, 11:27:55 PM |
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Hi everyone! Just added Globcoin ICO to my website https://concourseq.io/Q/Globcoin. ConcourseQ is a collaborative due dilligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! (PS: Team welcome to add sale details) Thanks a lot for helping us to reach out to a greater community. Globcoin is a great project and it will help the crypto space to move forward. Interesting , so this project will work like coinbase but with a new system? And 10,000 ETH is a really large amount for min cap, do you already have a private investor?
We have seen how important usdt is to the community. So from there, we are trying to help different parts of the world by creating their own the tether so that everyone can reach out to the crypto market. The platform will be providing more function rather than fiat to crypto exchange.
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hicaribou
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November 16, 2017, 11:56:59 PM |
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Interesting , so this project will work like coinbase but with a new system? And 10,000 ETH is a really large amount for min cap, do you already have a private investor?
We have seen how important usdt is to the community. So from there, we are trying to help different parts of the world by creating their own the tether so that everyone can reach out to the crypto market. The platform will be providing more function rather than fiat to crypto exchange. Thank you, you didnt answer my question about the private investor, but its okay. You just started this ann thread but i see that you have been in many events before. Hopefully you will successfully promote this ICO, you will compete so much ICO and investors money isnt unlimited.
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hua_hui (OP)
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November 17, 2017, 04:52:05 AM |
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Interesting , so this project will work like coinbase but with a new system? And 10,000 ETH is a really large amount for min cap, do you already have a private investor?
We have seen how important usdt is to the community. So from there, we are trying to help different parts of the world by creating their own the tether so that everyone can reach out to the crypto market. The platform will be providing more function rather than fiat to crypto exchange. Thank you, you didnt answer my question about the private investor, but its okay. You just started this ann thread but i see that you have been in many events before. Hopefully you will successfully promote this ICO, you will compete so much ICO and investors money isnt unlimited. Hi. You are right. Based on the statistic, there is over one thousand of ico in a month, so that is why the product matter the most. This will help to distinguish certain ico above the others. There are many other factors that come into place as well. As an active investor living in Singapore, feel free to pm me if you are in Singapore. I would be glad to meet you and we can share our experience. Anyway, back to the question, in my opinion, soft cap of 10,000eth = around $3mil is relatively quite easy to achieve for good ICO. As for the private sale, it would be better if you can ask the team directly as they have the latest information. They are quite active in telegram. https://t.me/globcoin
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phieudu0502
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November 17, 2017, 04:59:53 AM |
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Good move with the new threat. A real underdog but it deserves to succeed. Keep doing guys.
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hua_hui (OP)
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November 17, 2017, 06:05:54 AM |
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Good move with the new threat. A real underdog but it deserves to succeed. Keep doing guys.
Thanks a lot with the complement. Feel free to visit globcoin website. And you also can join their telegram for free tokens. Do remember to register at the google form after that.
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Meandros555
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November 17, 2017, 09:46:47 AM |
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Will there be an airdrop or is there one planned for the future? thanx
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hua_hui (OP)
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November 17, 2017, 11:30:37 AM |
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Will there be an airdrop or is there one planned for the future? thanx
You can join our telegram group to get free $5 worth of tokens. There is also other attractive bounties that you can participate.
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EvaGC
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November 17, 2017, 11:51:51 AM |
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A great solution for travellers! And for people who are not necessarily crypto-holders, but need to safely and easily transform their savings into a currency that they can use WorldWide.
I'm in!
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GCP17
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November 17, 2017, 03:38:59 PM |
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Thank you, you didnt answer my question about the private investor, but its okay. The min. ETH amount has been set VERY realistically, given 1. the interest to date 2. the size and scope of the project There would be no point setting an unrealistic level. Hope that answers your question, and thanks for the interest.
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GCP17
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November 17, 2017, 03:52:23 PM |
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A great team. I will signup.
Please ask us any questions happy to share all our plans
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GCP17
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November 17, 2017, 04:00:31 PM |
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Interesting project. More details are needed. Good luck to you guys.
Thanks. More details are available in the WP on the site globcoin.io Also please reach out with any questions where you feel you need details before making an investment decision.
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GCP17
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November 17, 2017, 04:09:01 PM |
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A great team. I will signup.
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.
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GCP17
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November 17, 2017, 04:16:19 PM |
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Good move with the new threat. A real underdog but it deserves to succeed. Keep doing guys.
thanks. We're getting good traction on this tbh
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hua_hui (OP)
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November 18, 2017, 01:22:27 AM |
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More translators are channeling out ANN and bounty for the respective languages. Hopefully by then, we can reached out to more participants and more investors. Stay tune!
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Feetshot
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November 18, 2017, 08:43:17 AM |
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Interesting project. I read WP!
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