GLX ICO REVIEW
Interest in blockchain for capital markets has exploded in recent years, with investment in this emerging technology growing rapidly.
A variety of capital markets play a vital role in the modern economy. Some examples include pensions, life insurance, and stock exchanges. Undoubtedly, various capital markets will continue to evolve over time along with technical innovation.
Blockchain technology will primarily work within the existing infrastructure or ecosystem to help to restructure and simplify many existing processes and strip out significant inefficiencies associated with reconciliation. Banks will be looking for ways to become more efficient and improve client services, and regulators will be interested in increasing transparency and optimizing execution and settlement. Lets take a detailed look into a revolutionary platform Global Listing Exchange (GLX), a blockchain-powered Capital Market Directory and Social Finance Network. The destination is a global capital market news data portal and ground-breaking financial networking platform.
GLX revolutionizes the way each and every member of the world’s capital markets connects, communicates, shares, and accesses information.
GLX – Global Listing Exchange is building the world’s only Capital Market Directory & Social Finance Network at GLX.com. The destination is a global capital market news data portal and ground-breaking financial networking platform. The GLX platform will be developed as a blockchain based distributed network creating the world’s first Global Capital Market Computer. The GLX – DAppExchange (DappExchange.com) is GLX’s “decentralized appstore” where anyone can publish DApps that can be used in the GLX ecosystem.
Global Listing Exchange describes itself as “the world’s only capital market directory and social finance network.” The website maintains a list of companies and groups from across the financial industry, including clearing firms, transfer agents, PR firms, exchanges, institutional investors, family offices, and more. You can sort through companies by category, continent, country, association, regulatory authorities, and more.
The overall goal of Global Listing Exchange is to make the world’s capital markets more transparent, open, and connected.
How Does Global Listing Exchange Social Finance Investing Work?
At GLX.com, you’ll find a directory of global capital organizations as well as news from the industry. Global Listing Exchange aims to change the way each and every member of the world’s capital markets connects, communicates, shares, and accesses information.
The website is powered by a token called the GLXCoin, or GC, which is an ERC20 compliant cryptocurrency built on the Ethereum blockchain. GC is a unit of measure and a medium of exchange.
There are Class A and Class B GCs that can be used to pay for goods and services on the GLX platform. This is the exclusive payment protocol in the GLX ecosystem. A basic membership is currently priced at $1 USD per month. However, participants on GLX will be able to charge for blog posts and subscription services, among other products and services.
Class A GCs are available during the upcoming Global Listing Exchange ICO, and they’ll be exchange tradeable after launch. Class B GCs, however, are earned for loyalty and incentives provided by the platform, and they become freely tradeable 1 year from the date of issue.
The alpha release for GLX is available online today at GLX.com (the ICO website is ICO.GLX.com). At the alpha version of the site, you can view listed members by category or location. Categories include cryptocurrency exchanges, clearing firms, public companies, private companies, investment banks, accounting firms, and more. You can also sort based on associations and federations, regulatory authorities, countries and territories, and continents.
GLX TOKEN AND ICO DETAILS
The GLX Network Token (GLXT) is a new series of digital hybrid utility tokens. GLXTs function as the exclusive payment mechanism and membership access device for the GLX ecosystem to incentivize key actions and needs within the platform.
Token Name: GLXT
Total Supply: 10,000,000,000
The GLXCoin crowdsale begins with a pre-sale from December 25 to January 14, followed by the main ICO from January 15 to February 14, 2018.
A total of 50 million Class A GLXCs will be sold during the token sale at a price of $1 USD per token.
You can use GLXCoins to pay for various services on the network.
GLX is based on a microtransaction system. The whitepaper mentions the possibility of charging $0.03 to access and read a blog post, for example, or paying $0.05 per day to get real-time access to fast information about a particular security.
GLX fees are set at $1 USD per month for a basic membership. Other GLX products and services have not yet been priced.
FOR MORE INFORMATION PLEASE VISIT THE LINKS I HAVE PROVIDED BELOW;
ANN Thread: https://bitcointalk.org/index.php?topic=5115849.msg49978232
Telegram Bounty: https://t.me/glxbounty
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409