[ENDED]GBX-The Crypto Harbour.Gibraltar-based Crypto Exchange&Token Platform

[mkmdoc]

I have read the plans for the development of GBX, but I do not quite understand what bonuses will rkt token holders have after the introduction of all these ideas?

Please check page 33 of the whitepaper. Actually GBX have a token staking model that allows for a reduction in trading fees. The only thing that the team will not be doing is token burning

is it a only one use case for token? its understandable about burning - can be lead to some legal problems in future in such direction as price manipulation.

if only the GBX token is burned I don't think there is a problem, because GBX has ICO and circulation of course from tokens sold

If the GBX token is not burned, won't that hamper the development of the token itself?
All I know is that ICO burns unsold tokens so that development can be smooth and profitable.

I guess there is a kind of misunderstanding. All tokens have been sold during the original token sale in February. No more tokens should be burned because there was a sold out. And the development of the entire GBX ecosystem goes smoothly and without a break.

There is miss communication because Iconic Holding team canceled the ICO and they burned their crowd sale due to some reasons. GBX will become very exchange and ICO token listing in the coming days because they got approval from their government sectors.

[1714755856]

1714755856

[Woolles890]

I have read the plans for the development of GBX, but I do not quite understand what bonuses will rkt token holders have after the introduction of all these ideas?

Please check page 33 of the whitepaper. Actually GBX have a token staking model that allows for a reduction in trading fees. The only thing that the team will not be doing is token burning

is it a only one use case for token? its understandable about burning - can be lead to some legal problems in future in such direction as price manipulation.

if only the GBX token is burned I don't think there is a problem, because GBX has ICO and circulation of course from tokens sold

If the GBX token is not burned, won't that hamper the development of the token itself?
All I know is that ICO burns unsold tokens so that development can be smooth and profitable.

I guess there is a kind of misunderstanding. All tokens have been sold during the original token sale in February. No more tokens should be burned because there was a sold out. And the development of the entire GBX ecosystem goes smoothly and without a break.

There is miss communication because Iconic Holding team canceled the ICO and they burned their crowd sale due to some reasons. GBX will become very exchange and ICO token listing in the coming days because they got approval from their government sectors.

If the BGX token has been registered and has approval from the local government, this means it is an official token and will certainly get protection, so that many will use BGX tokens to trade comfortably.

[petushka]

The Gibraltar Blockchain Exchange has been granted a license by the Gibraltar Financial Services Commission!

Becoming a regulated provider of Distributed Ledger Technology under Gibraltar’s DLT framework is another affirmation of our significant and continued progress throughout 2018.

Learn more about Gibraltar's DLT framework and what this means for the GBX and the wider GSX Group, which is now the first regulated stock exchange group to also own and run a regulated blockchain exchange.

https://medium.com/@Gibraltar.Blockchain.Exchange/the-gibraltar-blockchain-exchange-is-now-licensed-by-the-gibraltar-financial-services-commission-ac2945956002

Really impressive achievement, congrats on this. That's why I'm following the legit projects only. I feel a great pleasure to observe organically growing businesses gaining credibility and adoptions step by step )

[petushka]

This update on the channel about STACS tokens (I'm always stressed with such news ) Just to make sure, we do not have to register or submit any form to get this on our wallets, right?

[piggyfrog]

The news of our License is being well received:

Gibraltar Stock Exchange’s Blockchain Platform Secures Licence From Financial Regulator

https://cointelegraph.com/news/gibraltar-stock-exchanges-blockchain-platform-secures-licence-from-financial-regulator

[Gemma_AmaZix]

This update on the channel about STACS tokens (I'm always stressed with such news ) Just to make sure, we do not have to register or submit any form to get this on our wallets, right?

Hi there, no forms are needed, may I ask where your tokens are currently kept, in your wallet or on the DAX?

If they are in your wallet please add the token details and our STACS will show

The STACS contract address is: 0x286708f069225905194673755f12359e6aff6fe1
Decimal places: 18
Ticker: STACS

[Gemma_AmaZix]

Hey there GBX fans!

Here is the official announcement by Gibraltar Finance regarding the Gibraltar Blockchain Exchange License:

http://gibraltarfinance.gi/en/news/gibraltar-blockchain-exchange-awarded-licence-by-gibraltar-financial-services-commission

[piggyfrog]

Important announcement:

It has come to our attention that individuals are purchasing RKT from IDEX and then private messaging admins for details of the STACS swap.

Please DO NOT purchase RKT as this is no longer a token that is used by GBX and therefore has no utility value.

STACS Tokens are available on the GBX DAX at www.exchange.gbx.gi

[hufflepuff4life]

Another great article by Coindesk capturing the journey of the GSX Group! Read details here:
https://www.coindesk.com/gibraltar-stock-exchange-wins-license-for-blockchain-subsidiary

[hufflepuff4life]

Attention GBX Community!!

All community members who have bought RKT on IDEX and are enquiring about the swap will have to email support@gbx.gi where the team will assess the issue and deal with the matter on a case by case basis. Thank you

[traveler007]

So RKT tokens dont have liquidity more? And only STACS will be used? Or you have now 2 types of tokens and both will be used? Can you explaine a bit?

[nomadic09]

So RKT tokens dont have liquidity more? And only STACS will be used? Or you have now 2 types of tokens and both will be used? Can you explaine a bit?

Correct, the RKT will essentially be useless and the swap is 1:1 to STACS for those who hold RKT.

[traveler007]

So RKT tokens dont have liquidity more? And only STACS will be used? Or you have now 2 types of tokens and both will be used? Can you explaine a bit?

Correct, the RKT will essentially be useless and the swap is 1:1 to STACS for those who hold RKT.

Ok, so RKT tokens not trading anymore? As I see they are still trading at GBX exchange... And what liquidity STACS tokens will have? They must charge fees for listing in their native tokens like this making other exchanges 

[nomadic09]

So RKT tokens dont have liquidity more? And only STACS will be used? Or you have now 2 types of tokens and both will be used? Can you explaine a bit?

Correct, the RKT will essentially be useless and the swap is 1:1 to STACS for those who hold RKT.

Ok, so RKT tokens not trading anymore? As I see they are still trading at GBX exchange... And what liquidity STACS tokens will have? They must charge fees for listing in their native tokens like this making other exchanges 

Correct the RKT will soon cease for trading. Given that the swap is 1:1 the liquidity will be there for STACS and the GBX team are working with Liquid and IDEX in regards to this.

[alvena]

Personally, I decided not to risk it and merged all the tokens and now keep the ether instead of them. The air is more calm now, but as the situation with the token clears up, you can probably restart it

[Gemma_AmaZix]

Dear STACkers

DELTA portfolio app has now added STACS tokens for the IDEX market. It will be adding additional markets as they come online and the team will keep the community posted.

Keep STACing 😎

[paskal_navi]

STACS has now been added to CoinMarketCap:

https://coinmarketcap.com/currencies/stacs/

As a reminder, RKT is no longer the token of the GBX/GSX ecosystem and should not be traded or used in anyway.

[Hendoboxing]

Dear community,

As with the previous announcement, GBX DAX will be supporting BCH and BSV.

Trading has been enabled at 1530 UTC 27 Nov 2018, however both deposit and withdrawal will be disabled until further notice, and will be enabled in the following days.

The following trading pairs have been enabled:
- BCH/ETH
- BCH/BTC
- BSV/ETH
- BSV/BTC

As per the BCH balance snapshot taken at 15th November 16:40:00 UTC - BCH holders will be receiving the same number of BSV in their account.

[piggyfrog]

The GBX is now a fully licensed DLT provider regulated by the Gibraltar Financial Services Commission and we are happy to announce the addition of new fiat currencies in our ecosystem. Users will now be able to deposit and trade GBP and EUR, in addition to USD, as well as having access to a great selection of trading pairs, including the GBX's utility token, STACS.

https://gbx.gi/news/gbx-announces-new-fiat-onboarding-options-gbp-eur/?utm_source=telegram&utm_medium=social

[theedm09ka]

Vote for GBX! GBX has started the voting application process to be listed on Blockfolio as a recognised market. We ask that the community take a second to vote. Let’s bring it home

https://feedback.blockfolio.com/exchange-requests/p/gibraltar-blockchain-exchange