GBX ICO - Gibraltar Blockchain Exchange and Token Sale Platform
This platform is made by a subsidiary of the EU-regulated Gibraltar Stock Exchange (GSX).
A good explanation of RKT aka ROCK token and the platform is on the video below.
So by buying ROCK token you will be able to get into ICOs and presales faster and cheaper and have many other privilages. Other than this you are getting on platform made pretty much by a stock exchange itself which is a game changer.
GBX Exchange
It is planned to be a platform where token sales require assessment through the sponsor firm process, stringent AML, KYC, and due diligence, and legal confirmation of a token’s utility. Aspot where admission is reserved only for high-quality token listings with sound business models so contributors can participate with confidence.
GBX wants to apply for a licence under the GFSC Financial Services DLT regulatory framework this year.
Users wont have to do research or fall for scams because GBX will check all listnings and IPOs for them. Businesses wont have to look always do stuff fro mthe ground as whole KYC/AML and listnig nprocess wil use blueprint of GBX.
ICO and Token Allocations
Also if you register before 4th Feb 11:59:59 UTC you will get free 50 RKT. I assume registration just means you will use the exchange in future and doesnt mean you have to buy tokens - but i may be wrong. Still i see this ICO as interesting concept and you have time to do research and decide.
You will need ERC20 compatible Ethereum wallet.
Website: https://gbx.gi
Always do your own research before investing.
Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips! |
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Thanks for sharing. I'm not really into their pitch. Wish them lot though.
Will everyone in possession of the token have to be qualified as a proper investor? I would imagine that anyone that owns the token will need to be qualified.
good question
Check out this post for more info related to bitcoin and stripe. upvote, resteem and comment your thoughts.
https://steemit.com/cryptocurrency/@pratyush149/stripe-is-now-ditching-the-idea-of-having-bitcoin-as-one-of-its-payment-method
would you mind checking out my article on EOS? I just wrote it. I'm trying to get things going over here on Steem.
https://steemit.com/eos/@natxlaw/my-adventures-with-eos-and-other-tokens-pt-1
Gibraltar is a well known tax haven, so it'll be interesting to see how it goes for these guys and why they chose that location.
Followed.
Make sure to check out my blog for cool visualizations and follow back :)
Cheers!
GBX is a subsidary of GSX (Gibraltar Stock Exchange) based in Gibraltar offcourse.
In order to have a fully regulated blockchain exchange they need to function according to the frameworks set by the government which come into effect from 1st of JAN 2018.
Regarding Tax Haven, well I was curious but looks like since Gibraltar being such a small jurisdiction, companies can influence the legislation and get favourable laws passed.
I'm wary of platforms which attempt to bridge gaps between the legacy financial system and the decentralized one. Even if I gain from ICOs or tokens like Ripple and Stellar, is it really for the better of the greater movement? That's why I like $LDOGE and coins like it. Steem also. Fast transaction times, ability for the average investor to earn dividends / stake / mine. This one seems like a step backwards.
it's a good one
It's a good idea in concept. Thanks for sharing I'll have to look into it more
thanks for sharing..follow me i will follow you
I like to see your every update post & thanks to share this content with us.
thanks for sharing @kingscrown
Very interesting project