Golix ~ The Pan-African cryptocurrency exchange
WHAT IS GOLIX
Golix is a digital currency exchange that helps people in sub-Saharan Africa buy and sell Bitcoins and other cryptocurrencies.
Golix is the easiest way for Africans to pass value between Fiat and Cryptocurrency. GLX token-will provide the residents of Africa with a way of exchange between Fiat and crypto-currencies and will give the opportunity to invest in crypto-currency projects in Africa.
Most Africans do not have the mechanisms to exchange the continent’s Fiat currency and cryptocurrency options. This has deprived them of a decentralized solution to some of the problems inherent in the African financial services ecosystem, such as:
Access to cryptocurrencies
There are restrictions on participation of Africans on international cryptocurrency exchanges such as Binance, due to the inability to buy cryptocurrencies for local Fiat. They either do not have access to exchanges or those that are available to them do not accept their local currency.
A broken remittances
They replaced only the official solutions for the appointment of penalties to migrants who send money home. In the African money transfer market, $ 60 billion is needed. The US accounts for the world’s highest cost of remittances, which exceeds the already high world average.
Golix addresses these issues through an active exchange of views in Zimbabwe. It now intends to apply these solutions to the rest of Africa through exchanges in many other countries. The new token-Golix Token (GLX) will be issued to provide users on all these exchanges with additional methods of exchange between Fiat and cryptocurrency.
GOLIX is born and bred on the Continent. The least developed areas possess the greatest potential for development. Likewise Africa, the greater part of the continent has that potential.
Africans still face challenges in carrying out basic financial services such as making international payments, remitting and accessing basic banking services. Two out of every three people do not have bank accounts which translates to two-thirds of the 1.274 billion people in Africa not being a part of the local and global financial system.
Admittedly, the potential for Africa is not only promising in the here and now but also in the future. It is projected that by 2050, Africa’s population will account for more than half of the world’s population growth. Therefore, this is expected to escalate the continent’s development as it will have the “advantage of the masses”.
Token sale will start on June 1, 2018 and will last for 54 days, it ends on July 25, 2018;
The GOLIX token will have an ERC20 standard based on the Ethereum blockchain;
To be released 1 097 274 240 tokens GLX, 50% will be realized through Tocancel;
1 GLX token will cost $ 0.05612, and it can be purchased for Bitcoin (BTC), Ethereum (ETH) or Stellar (XLM).
Hard Cap Of $ 32 000 000;
Holders of 100,000 or more GLX tokens will have zero transaction fees on all trades for exchange;
Residents of Africa will receive a 10% bonus, in addition to any other discounts;
GLX token will be specified and available for trading on Golix.com;
Any trading pair that includes the GLX token will have a zero transaction fee;
Using their tokens, holders will have the opportunity to jointly invest in African cryptocurrency projects in which it invests Golix.
For more info:
Bitcointalk profil link: https://bitcointalk.org/index.php?action=profile;u=2001712