What Is GBX
GBX announces an event to sell public tokens
After a pre-sales success that garnered more than $ 21 million dollars, Exchange House (Exchange) GBX has announced the launch of the next public token sales event.
It will start on February 7, 2018
It will close on February 14, 2018.
CTR is an acronym of "The Rock Token" or token of Rock. This is a utility token intended for use in the GBX ecosystem.
Around 60 million RKT will be spent in the event,
which totaled $ 6 million USD.
Gibraltar Blockchain Exchange (GBX)
GBX intends to be a platform for token sales at the world's leading institutional level and crypto exchange. As a subsidiary of the EU-regulated Gibraltar Stock Exchange (GSX), this initiative is expected to offer higher token sales rates. This will recognize the utility token that has been through due diligence and a strict acceptance process. This system, together with the exchange of high-quality digital assets, could be an unprecedented step forward for this emerging market, driving new and higher standards across the industry.
Only utility tokens that pass through tight control can be listed on the exchange, which ensures to operate with serious companies
Nick Cowan, CEO of Gibraltar Blockchain Exchange, commented:
"The introduction of systems based on rules is necessary if the blockchain sector wants to reach maturity and if the actors want to be sure of the stability of the market. Based on the principles of decentralization and community consensus, GBX seeks to create a new era of trust, openness and global acceptance for the cryptography industry, providing a list of quality tokens at the same time. "
The time is perfect for GBX that expects to benefit from the Regulatory Framework of the Technology of the Distributed Ledger Book of Gibraltar, which came into force on January 1, 2018.
The scope of these regulations will cover companies that use blockchain technology, including GBX. Companies in and / or from Gibraltar that use distributed accounting technology (DLT) to store or transmit value belonging to others and whose activities are not regulated in another financial services framework will be covered.
The GBX Ecosystem
GBX carried out a successful pre-sale period of RKT that ended in December 2017. Over 210 million RKTs were sold for a total of $ 21 million. The use of the proceeds of the public sale of RKT will be used mainly to continue the development of the GBX trading platform and the further expansion of the GBX fintech ecosystem and the financing channels. The ultimate goal is to develop the ability to support projects at any stage of their development that cover all of their commercial service needs.
Nick Cowan added:
"We are very excited to share the RKT with the world. Everyone at GBX is totally committed to blockchain technology and its potential to change the way people build their own projects. We invite you to join our trip and the community we are building. "
RKT Structure and utility
RKT are utility tokens compatible with ERC-20 issued in the Ethereum block chain. They will function primarily as a means of exchange for operations on the GBX platform, in addition to offering a range of functionalities within the GBX ecosystem. RKT will also be used as:
■ Preferred exchange medium,
■ To obtain early access to new token sales;
■ To pay commercial rates;
■ To list and pay sponsor fees;
■ To stake out the issuer and the sponsor;
■ As grants and awards in the Blockchain Innovation Center (BIC);
■ As payment for commercial services such as corporate and fund services, as well as
■ Electronic money services.
Nick Cowan concluded:
"The sale of RKT and a broad user base will help GBX fulfill its intention to become a world-class institutional token-selling platform and an exchange of cryptocurrencies. Seeing such overwhelming support for our project already in our successful presale period is inspiring. GBX is working to lay the foundations for the global expansion of a regulated cryptocurrency market, with all the profits raised in our token sales event, helping to expand this vision and make it a reality. "
For more information about Gibraltar Blockchain Exchange, find us on our social channels below:
Details Information:
Website: https://gbx.gi
Medium blog: https://medium.com/@Gibraltar.Blockchain.Exchange
Facebook: https://www.facebook.com/GibBlockEx/
Twitter: https://twitter.com/GibBlockEx
Telegram: https://t.me/GBXCommunity
Author: (specsmuluk) https://bitcointalk.org/index.php?action=profile;u=1062194
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