The GBX For The Trading Of Utility Token And Digital Asset With The Newest Technology

in #cryptocurrency6 years ago (edited)

GBX Rock.jpg
Digitalization encourages the creation of a platform to provide services that deliver customer satisfaction and convenience. The drive to use online payment services is inseparable from the number of service users in the virtual world as a form of revolution from traditional transactions. Now, for shopping alone one does not have to go to retail. With just one click, a customer can get the desired product and will get it at home. Other services also come with ease with online transactions. To facilitate the operation then made a platform to be able to perform comfort that supports the use of some funds electronically.

The development of electronic payment platform is inseparable from the launch of Bitcoin in 2018. Bitcoin is still a promising digital payment tool and asset. Bitcoin's success encourages many developers to develop new innovated digital currencies. The use of Blockchain technology is also a method used by almost all platforms developed to realize decentralization. With decentralized concepts, it will increase the level of transparency and ease of transactions of everyone in a platform. One of the digital platforms developed for a token market of utilities and digital assets is the Gibraltar Blockchain Exchange (GBX). The platform uses Rock Token structured as an ERC20 token as membership access and currency for exchange in the market and the GBX ecosystem.

GBX will create a high-standard market with controls and regulations for trading and accepted and obligations and sustainability standards with rule enforced in the platform. The regulatory mechanism will be made innovatively to ensure all members can jointly build a sustainable exchange of token and digital asset ecosystems with the adoption of DLT regulations. GSX will also be developed in realizing liquidity and transparency. The market will be operated as securities, allowing access levels, capital transparency, and cash. Rock Token will be applied as a valid payment instrument within the platform.

Each member of the ecosystem with Rock Token can exchange Rock Tokens for membership benefits. Benefits from platform users can be inherent and potential fundamental access rights. GBX will build public trust and consensus for the realization of crypto ideals. Besides, credibility will also be established, and liquidity for community and crypto globally. The excellent experience of the financial industry and cryptography will be used as inclusivity to make GBX a bridge between the traditional financial sector and the community. GBX is expected to provide better acceptance and participation for ecosystem participants from a unique institutional position in the society. The concept of GBX development can also be seen on Ann Thread and Web.
Ann Thread: https://bitcointalk.org/index.php?topic=2684176.0
Website: https://gbx.gi

The Market Of GBX For Utility Token

Gbx utility.jpg

As a token-selling market and digital asset exchange for utility tokens, GBX will be integrated with users and will be consolidated with websites and platforms. GBX will implement a platform that can display utility tokens to achieve the initial goal of platform establishment. GBX will also build a corporate network to provide guidance and advice to the publishers through the process of recording and additional in-house and external service networks. In addition to it, GBX will also build a user network to connect with the ecosystem. The concept of developing a utility token in GBX is inseparable from the application of DLT that will target innovation in the digital token market utility.

GBX will propose for platform development in token lists of high quality. The operation will be executed with high standards for best practice listing token. The token list will pull GBX into the best quality. When it comes to turning, GBX will provide the best accreditation and is expected to produce a quality token buyer ecosystem with global participation rates. To realize a quality platform, It will use the several critical components in the sale of GBX tokens. Here are some elements that have an essential role in ecosystem development:

• The platform will provide operations for token sales via a website with a back-end database. It will grant users access to the platform through external applications.
• GBX will also use an admittance token which means the token will be accepted in p sales after the successful compliance of GBX.
• The type of token sale payment will also be applied in GBX. The initial sales phase of the GBX token will be performed on the token sale. Then the issuer token can accept Ether or Rock Token which can be used as consideration in the token list.
• Performance tracking will also be implemented in platform operations. Issuer tokens will help token progress through the GBX site and can monitor token trading through the exchange of GBX digital assets.
• Token buyers can deposit and withdraw currencies as a benchmark of their wallets.
• GBX will apply AML and KYC compliance so the token buyer will go through it as one of the procedures for opening an account. Once approved, the issuer's token will be sold and purchased by AML / KYC. A common problem in AML / KYC must be resolved for token sales to the public. It will also open the possibility of regulatory oversight in the token sale process.
• Token buyers will be segmented into several categories. The division of groups is based on professional or individual, jurisdiction, and token purchase experience. That will provide the issuer's target into the buyer segment based on the legal requirements or buyer's authority.
• Security will be implemented in an automated manner for infrastructure support. Safety is also important to build the trust of platform members in transactions.

Entry and registration requirements will also be applied by GBX to set up a token acceptance process in the market. It is also essential for the obligation to register the list. The codes will be taken from community initiatives based on the principles of this first class and GSX best practice. GBX will provide terms relating to the token itself which is included in the recognition, list, the continuation of liability, and the trade. The sponsor will also be part of the obligations and feasibility. Also, the operation of the GBX market will also enforce the overall requirements of all actors. All that is done for the creation of security and convenience of the users of the platform to increase the volume of transactions and the level of platform liquidity.

The process of recording in the platform can be said to be trusted because it will be done pointing a sponsor. Any token publisher requesting a token must have the appointment of a particular sponsor who will be responsible for reporting GBX on all matters relating to the application, the list, and the obligation. Due diligence also needs to be done by sponsors for the standard of criteria. Applicants must be able to publish white papers and terms of sale. GBX will also post expectations and requirements as a form of assistance to the applicants. The sponsor must submit the documentation that will be inspected by the GBX app. After that, GBX will notify an approval when the application has been approved. Whitepaper access can be done through the following link.
White Paper: https://gbx.gi/token-sales/GBX-Whitepaper.pdf

The Token Sales Of Gibraltar Blockchain Exchange

gbx aml kyc.png

Classification of members can be done based on the opening of GBX with AML or KYC rules. GBX will issue a new token of 900,000,000. The starting price specified for the token is USD 0.10 for 1 RKT. Payment can be made through a fixed rate at ETH at an amount determined on the website at purchase. Token has been based on Etherum ERC20 token. Token sales will have two phases: pre-sale that can be made until December 31, 2017. The Rock Token (RKT) will be sold to the public on February 07, 2018. Before contributing you must register first through the website. You need to prepare an email address for registration purposes. Besides you also must accept the rules applicable to the sale of tokens.

Distribution of the sale of the Rock Token has also been established on the whitepaper. The allocation will be made for the purchase of tokens, backup, community development and liquidity, initial supporters, partners and advisers, and founders and staff. Sales will be made to the private and public. The number of tokens sold for an individual is 50% of all tokens. Reserves are needed for further development and stability of the ecosystem. Development of GBX and alliance is also required. Community development initiatives are also allocated including the provision of liquidity and ease of buyers' access to RKTs with utility objectives. Recognition of future GBX development efforts and ecosystem development commitments by founders and staff will be allocated, and funds will be locked for several months. Each allocation has been determined by different lock-up periods according to needs and importance level.

Gibraltar Blockchain Exchange (GBX) will provide innovations in the utility and asset markets. GBX will offer you with a high level of transparency and transaction convenience. As a startup platform, GBX indeed expects you to contribute to token sales. Your contribution is helpful to GBX to customize the development of the platform so you can also take advantage of the platform quickly. You can also join community social media to communicate with other participants and get the latest information about the development of the platform.

https://twitter.com/GibBlockEx
https://www.facebook.com/GibBlockEx/
https://t.me/GBXCommunity

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Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin8389.660$-8.08%-28.33%
CTRCentra0.888$-18.95%-48.2%
DLTAgrello0.382$-17.54%-48.6%
ETHEthereum847.654$-11.59%-31.15%
GBXGoByte24.072$-15.87%-10.17%

This is different with GBX, this symbol is RKT

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