Sitting on $400 Billion market cap, there are more than 1500 currencies are listed on various crypto exchanges. It is no news to anyone that every now and then there are security breaches with exchanges. The most recent one is of CoinCheck where hackers managed to steal more than $ 500 Million worth of NEM. Crypto community is in strong need of secure exchange which is regulated and smooth in process. Here is the one exchange which is making its way in the crypto world with solid promises, GBX. The aim that GBX has in its mind is very clear and that is to create a licensed and a very smooth platform that will help in asset and stock exchange.
The expectations from GBX are quite high as it will formulate a digital exchange of asset which will be of extremely high quality. It also looks forward to making all the needed commitments to the blockchain technology. This will help in establishing a proper alliance for restoring trust and confidence within the community.
As for now, it has already come up with an Innovation Centre that will take care of the different blockchain businesses.
Advantages
The different advantages coming tagged along with the GBX platform are.
Security: GBX has its own sets of protocols and these protocols are totally dependent on trust and consensus. The listing process of GBX will provide a supporting hand to the members of the community to go ahead and protect the participants from governance and practices.
Transparency: The platform encourages the different factors like confidence, trust, liquidity, as well as credibility. This will shape up an exciting and a very energetic future for the community members.
Accessibility: The members will be given a chance to have their own gateway by using the current framework.
Aim
The GBX looks forward to incorporating the vision and accomplish the goals which are as follows.
Primarily, it looks forward to establishing a market world for operating utility tokens and digital assets.
It also creates and follows high standards when it comes to following the rules pertaining to trading and admission.
Ultimately, ensures to develop a GSX marketplace that will help in establishing liquidity and transparency for the longest possible.
The membership benefits will come from the Rock Token holders who can easily give and take their tokens in exchange for benefits associated with membership.
GBX also has in mind to maintain and outgrow the trust and confidence for the longest possible time. Along with that, credibility and liquidity to join up as a bonus.
Benefits
The benefits from this platform will come for both i.e. the users as well as the issuers. They are as follows.
Categorizing of tokens - The users and the issuers will have the advantages to list their tokens as per their convenience. The different categories to choose from include geography and activity.
Another feature gives the opportunity to the token issuers to directly make contact with the users in the platform. The messaging service will make communication a lot easier.
It will become very easy for the token holders to withdraw and deposit fiat currencies into their account. All that is required is an on-click and it makes participation quite easy.
The Token Usage
As mentioned already, the Rock token is the utility token for the platform and can be used for multiple purposes which are as follows.
With the help of Rock Token, it becomes quite convenient to set up Application fees, listing fees, and sponsor fees on the GBX platform.
The Rock Token will also set up trading fees on the GBX platform.
The token can also be used to pay various fees in the platform which includes various corporate services, solutions for the business procedure, and services related to e-money.
There are incentives tagged which consist of GBX blockchain centre campaigns and rewards for the Blockchain.
Apart from all this, for the future, it also aims to provide
Membership opportunities to join up with GBX. This will also bring a lot of privileges like benefits related directly to your account; chance to get hands-on various discounts, and many more.
It will also give priority privileges to the token sales that are held in the platform.
The incentives which will include rights for voting and development.
The Token Sale and ICO Details
The token sale of the platform is already over. For the brief, a total of 900,000,000 Rock Tokens were issued during the token sale.
Rock Tokens were entirely used to make any kind of transactions on the platform.
The Final Verdict
Talking of GBX and utility token, the entire concept is very innovative especially with so many benefits coming tagged along; it gets a little difficult to resist such an option.
Exchanging cryptos in any platform is convenient and can fit the needs but with GBX things become a lot less complicated than others. However, with the different completion today in the market, it becomes quite tough to make a decision whether or not you want to make an investment in GBX or not.
To know more visit:
Website : https://gbx.gi/
Btalk ANN : https://bitcointalk.org/index.php?topic=2684176.0
Telegram: https://t.me/GBXCommunity
Authored By: Etheran
Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1108165