Globitex ICO details
Start Date: 2018-2-10
End date: 2018-3-12
- Category: Banking, Business services, Cryptocurrency, Investment, Platform
- Token: GBX
- Platform: Ethereum
- Type: EIP-20
- Initial price: 1 GBX = 0.10 EUR
- Bonus: first 20,000,000 tokens 15% discount next 30,000,000 tokens 10% discount next 50,000,000 tokens 5% discount
- Accepting: BTC ETH
- Hard cap: 10,000,000 EUR
In order to facilitate the use of Bitcoin as an industrial scale medium of exchange, we propose taking the existing Globitex exchange infrastructure and scaling it up into an exchange that has global spot and derivatives exchange capabilities, where standardised instruments in money markets and major commodities are listed with cash settlement and later physical delivery, and where Bitcoin is used as the underlying currency – a unit of account.
To realise this goal, Globitex is issuing the GBX utility Token. The Token will be issued as an EIP-20 (previously known as ERC-20) compliant Ethereum smart contract.  The GBX Token will primarily be used for the settlement of trades on the Globitex exchange, serving as a commission payment token. The GBX Token will also function within loyalty programs planned for Globitex clients and contributors, whereby the contributors will be participating in the company’s overall success. The GBX Token can be acquired during the Globitex token sale (www.globitexico.com) using Ether (ETH), Bitcoin (XBT) and Bitcoin Cash (BCH). The GBX token sale will be conducted in stages, each representing the team’s commitment to deliver specific business milestones.