Gibraltar Stock Exchange or Gibraltar Blockchain Exchange?
Gibraltar Blockchain Exchange is a subsidiary of the Gibraltar Stock Exchange. They aim to be a world-leading institutional-grade token sale platform and cryptocurrency exchange. It will be the first stock exchange with all the i's dotted and t's crossed when it comes to regulation for ICO launches and cryptocurrencies. Could their platform leapfrog over the existing players like Coinbase, Binance, CME etc? Currently there is no clear legislation or guidance regarding ICOs and crypto between countries, it's like the wild west, whether we like it or not regulation is coming. Goods, services, alcohol, finance all have some kind of regulation, soon crypto will too. With an existing stock exchange, they would have jumped many of the hurdles that will stall the progress of taking crypto and ICOs to main street, so that the average person or institutional investor can get in and out without being scammed or experiencing the steep learning curve of using crypto.
The GBX intends to apply for a DLT Provider’s license from the GFSC.
The GSX is regulated by GFSC under License number FSC 1231B and operates as an EU-regulated market,
recognised by ESMA (European Regulator) and HMRC (UK).
The Ecosystem
The Crypto Harbour
GBX plan to facilitate token sales similar to existing platforms but from a governed position. The GBX aims to put in place best practices, innovative sponsor staking regime and diligent whitelisting procedures. The token marketplace will consist of high quality listings and an equally esteemed AML/KYC cleared investor pool. Advisory, corporate, banking, and payment services will be part of their offering. The GBX would also provide a top-tier centralised cryptocurrency exchange for high volume, liquidity and quality cryptocurrencies. Under construction with institutional grade technology, multi-sig security, 100% auditable reserves, insurance protection and fiat onboarding capabilities.
The Blockchain Based Stock Exchange
The Gibraltar Stock Exchange (GSX), will become a blockchain based exchange for capital markets. They have the capability to become a world leader in Tokenised securities. This will give birth to a whole new level of access, liquidity, and transparency in the capital markets. Crypto startups will be able to raise capital and access more diverse traditional investor bases. There is potential for dual listing opportunities on other EU stock exchanges (and/or London Stock Exchange).
Image Source, notice the Monero logo which is very interesting for a regulated stock exchange
The Comprehensive Crypto Markets Platform
The GBX - GSX ecosystem will offer a complete range of supporting services, from banking and payments to company formation and asset management, as well as facilitate dual/multiple listings on a global network of stock exchanges.
The Service Suite:
- Token Sale Platform
- Cryptocurrency Exchange
- Fund Services*
- Corporate Services*
- E-Money Services
- Business Solutions*
*These services are now operational.
The Rock Token (RKT) is the currency of choice for transactions, listings and a multitude of functions, serving as the medium of exchange and the utility coin that powers the GBX-GSX ecosystem. It will be an Ethereum ERC20 token.
TOKEN PUBLIC SALE START DATE 7th Feb 18 12:00:00 (UTC)
TOKEN PUBLIC SALE END DATE 14th Feb 18 11:59:59 (UTC) or Hard Cap
1 RKT = 0.10 USD(to be paid in ETH only)
TOTAL TOKEN SUPPLY 900,000,000 RKT finite supply
PRIVATE SALE 258,556,250 RKT (Fully Sold)
PUBLIC SALE 60,000,000 RKT
See here for full breakdown of tokens https://gbx.gi/token-sales/
Whitepaper https://gbx.gi/token-sales/GBX-Whitepaper.pdf
Competitors
https://coinmetro.com/
https://coinbase.com
https://www.binance.com/
https://bitstamp.net
https://bittrex.com
https://kraken.com
https://poloniex.com
https://www.bitmex.com
http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html
https://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futures
More info
https://gbx.gi/
https://t.me/GBXCommunity
This is not investment advice, always Do Your Own Research (DYOR). Not paying attention to detail can be the difference between getting REKT and getting RKT :)
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