[ICO Review] CGCX - First Singaporean Insured Hybrid Crypto Platform

in #cryptocurrency6 years ago (edited)

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Being the first hybrid cryptocurrency exchange on the market, the Calfin Global Crypto Exchange - a.k.a CGCX, provides the community with superior toolsets and features for both individual and institutional stakeholders. They have already introduced their MVP to the community so that people would have a clearer look at what they could do.

MVP

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For all of the aspects they have, they aim to deliver the most innovative, secure and efficient features for the community on the global scale with their state-of-the-art hybrid platform. Why do they call it "hybrid"?
Well, CGCX is unprecedentedly created as a 4-in-1 platform providing Crypto Exchange, ICO Listing, Merchant Solutions, Smart Contracts features.

Services

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Aiming to enable the cryptocurrency mass adoption, they deliver those remarkable features as the first step to establish a huge sharing economy that is transparent and secured thanks to the blockchain technology. Specifically, cryptocurrency stakeholders like companies, startups, traders, customers, and merchants can call play a role in the above-mentioned 4-in-1 platform.

The team at CGCX has developed this platform to meet the increasing demands from the mainstream traders and investors also. We believe the ease of completing a transaction coupled with the reliability and security of the platform will broaden outreach and increase the presence of cryptocurrency. We will also channel some of our revenue towards obtaining an insurance cover that will provide financial protection for our users.

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CGCX aims to scale to greater heights across the globe in the coming years with its planned expansion into other regions. The launch of our sophisticated state-of-the-art hybrid crypto platform first of its kind in Singapore is the first step in our long journey to realize our vision of being a global leader in crypto exchange and blockchain solutions.

How it works

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Team

The CGCX team has assembled quite a number of talents contributing to their vision and mission. Those talented people are famous entrepreneurs, well-known developers and skilled staff.
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Their Advisory Board also consists of experienced names in the fields, giving them the most trust-worthy pieces of advice so that they can complete the puzzle and realize the vision

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Presence

Offline

They have established many offices in different areas in order to globally increase the project awareness and attract more people
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Online

The CGCX marketing team has done extraordinary jobs with lots of achievements on different social networks, including popular ones in the crypto community such as Twitter or Reddit

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Token Economics — Token sale

Token CGX
PreICO Price 1 ETH = 8,500 CGX
Price 1 ETH = 8,500 CGX
Platform: Ethereum
Accepting: ETH, BTC
Minimum investment: 100 USD
Soft cap: 5,000,000 USD
Hard cap: 1,000,000,000 CGX
Country of Origin: Singapore
Restricted areas: USA, UK, China, Canada
Whitelist/KYC required both KYC & Whitelist

Token distribution and fund use

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Token Utilities

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· Smart Contracts- Real-world assets can be quickly and safely traded on the platform by creating and storing the conditions for the trades in a smart contract on the blockchain. The contract then enforces these conditions on its own, taking human bias and error out of the agreement and ensuring all terms are upheld.

Secure Wallets- The platform offers its users a digital wallet where they can store CGCX Tokens, Ether, Bitcoin, and other digital money.

· Merchant Services- CGCX merchant solutions quickly and easily integrate with existing POS and e-commerce systems, allowing business owners to accept cryptocurrency payments.

My thought

This project has a certain level of potential because it is undeniable that the demand for currency exchange is increasing. And such gateway like CGCX would be among the first ones to benefit from the cashflow pouring into the crypto sphere.

Links

Website: https://www.cgcx.io/
Ann: https://bitcointalk.org/index.php?topic=3360185.0
Whitepaper https://www.cgcx.io/wp-content/uploads/2018/04/23-april-2018-CGCX-Lightpaper-new.pdf
Lightpaper: https://cgcx.io/wp-content/uploads/2018/04/NEW-CGCX-Lightpaper.pdf
Facebook: https://www.facebook.com/CGCXofficial/
Twitter: https://twitter.com/CGCXofficial
Telegram: https://t.me/cgcxofficial
Linkedin: https://www.linkedin.com/company/cgcxofficial/

Author: Bitcointalk username: rueisnax (a.k.a. Vincentle — Le Huu Quang Vinh)
Profile link

Disclaimer: Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.

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