Golix: How can the Blockchain Help African Countries?
The cryptocurrency projects are traditionally addressed to developed and stable economies, solve global problems and accelerate technological progress. But what about the least prosperous countries, can the blockchain stabilize the economy, for example, in Africa?
Figure 1. Golix - a simple solution to the financial problems of the African market
Developers of the Golix project offer a universal platform for financial transactions aimed at African clients. The main problems of African countries – the lack of financial institutions, economic instability, difficulties in legal regulation - are considered as opportunities. Golix is created by a team of experienced programmers, financiers, and lawyers, ready to offer African citizens an effective solution.
Figure 2. Project positioning
How Does the Golix Platform Work and Whom it will be Useful To?
The main idea of the project is to provide financial services functionality to the least developed market sector. The developers chose the blockchain and the cryptocurrency assets as the safest and fastest way to conduct international financial transactions.
Golix offers three functions.
1. International Payments – carrying out payments in cryptocurrencies between citizens of different states. African countries are characterized by an abundance of military conflicts, labor migration and lack of financial infrastructure. Golix offers to send money to any country in a few seconds, it's enough to know the wallet number for the payment. The blockchain encrypts personal data, the decentralized system does not depend on the current political regime.
2. Remittances – the guaranteed confirmation of payments in which you can be sure. Unlike traditional banking structures, Golix transactions are not checked by the controlling authorities, thus, can not be withdrawn by order of someone. Independent blockchain and a stable token ensure that all funds "get" to the recipient.
3. Exchange service – the service for the exchange of fiat money for cryptocurrencies and vice versa. Golix involves African citizens in the financial infrastructure, allows the quick conversion of earnings to the crypto-coins and transfer them anywhere in the world. The cryptocurrency exchanger works with BTC, BCH, LTC, and all African currencies (ZAR, UGX, KES).
Golix refers to local projects that are aimed at solving specific problems. The laconic functionality (API for third-party developers is available through the official website) ensures the stability of the system.
Figure 3. The objective of the project is to provide African citizens with full-fledged financial services
How Does the ICO Golix Held and What will be With the Project in the Future?
The developers released 1.274 billion GOLIX at a price of 5.612 cents for each, there is a discount of 10% for African citizens. The ICO began on June 1, 2018, and will last 54 days, the half of the tokens sold will be later exchanged for fiat money or other currencies.
50% of the released tokens will be sold during the ICO, 25% will go to the team, 15% - to the investors and advisors, 10% will be spent on marketing. According to the Roadmap, the tokens will be placed on the Golix exchange for exchange on August 14, a mobile application and API for integration with the third-party programs will be launched in the fourth quarter.
Website: https://golix.com
Tokensale: https://tokensale.golix.com
BCT ANN: https://bitcointalk.org/index.php?topic=4447761
BCT Bounty https://bitcointalk.org/index.php?topic=4455988.0
Telegram: https://t.me/golixcommunity
Author on BCT: Melnikof https://bitcointalk.org/index.php?action=profile;u=1152502