GlitzKoin - Pioneering the Diamond Blockchain

in #ico6 years ago

The essence of the platform

GlitzKoin is a world-scale project, it is based on only advanced technologies, in the first place – blockchain. Moreover, the project involved smart contracts, and included machine learning.

With the introduction of systems, the risks of banking operations will be substantially reduced. The ecosystem that GlitzKoin develops opens up tremendous opportunities before us, which we could only dream of earlier. With this system we can:
– Influence decisions in the industry.
– Directly become a participant in the supply chain.
– Monitor the movement of diamonds and their certification.
– On this platform functionality, of course, does not end, the platform will have many more options.

Functionality

The GlitzKoin team has set a goal to create conditions that should be comfortable for all project participants.
As part of the project, the owners of the shares will communicate directly with each other, retailers will be able to communicate directly with the producers.

The global platform, which is based on blockchain technology, effectively solves the problems of increasing the recognition of products, and significantly reduces the need for paper red tape.
The project will enable participants to control the certification of diamonds.
The capabilities of the platform allow you to monitor all stages of its movement, control its value.
The project will include a system of parameters, you can always learn the history of a stone (where, by whom and how it was mined, etc.).

Token

The name of the new currency is GLT. The total number of tokens in the system is 999 million. During sales, 1 token is equivalent to $ 0.2. The project is based on the Stellar platform. You can buy tokens for BTC, ETH and XLM. The minimum amount for an investment is $ 100. The lower fee is $ 10 million, and the hard cap is $ 40 million. The project office is located in Estonia. As indicated on the site, the sale will last until June 25.

Bonus program

Sales for the price were initially divided into 4 stages. The first 35 million coins were sold for 12 American cents, the next 40 – for 14 cents, then the next 50 million – for 16 cents and the last 120 are sold at 20 cents per a token.

You can also get a certain bonus depending on the number of purchased tokens – for example, when purchasing coins of the system for amounts of $ 500 thousand, the investor receives a 10-percent bonus.

Distribution of tokens

– 20% of the pool;
– 20% market-making pool, excess demand fund;
– 25% was sold during sales;
– 35% share of the company, management.

Projected use of funds

– 40% product development pool;
– 10% pool compliance with legal norms;
– 20% pool of trade;
– 30% marketing pool.

Site

The company’s web page is available in three languages: Russian, English and Japanese. All useful links are already on the first screen of the site. In the attached menu there is a link to the section with articles about the project, product, prospects and plans, about the unique developments of the team – “infopedia”. Articles are only in the English version.

Whitepaper

The 16-page document contains all the information necessary for the investor, without water and abstruse formulas. The text is written in clear language, there are all necessary tables and diagrams, there is a roadmap and a description of the team.

Team

In the site dedicated to the team, you can find 7 major project managers and 4 consultants. If you believe the information on the site, the most senior project managers experience in the diamond industry – more than 20 years. The CEO is a hereditary businessman in this field.

Social networks

The project is rapidly gaining popularity in the main social networks, it conducts constructive communication with potential users of the system. To date (June 17) in the Telegram channel – 11435 subscribers, Twitter – 3045, Facebook – 10487, reddit – 145. Also, the team very actively supports its blog in the medium. An account representing the bounty program of the project – Hero Member level. There is a channel on youtube – now there are 57 subscribers and 8 videos.

Conclusion

The project is really unique. For most of the management, the diamond business is a vocation for life, it is of great importance that, of course, goes to the coin box of the positive aspects of the project. What else can be noted about GlitzKoin is that all offers in the project are confidential, accessible and safe.

Site: https://www.glitzkoin.com/
Whitepaper: https://www.glitzkoin.com/dist/img/pdf/Glitzkoin-Brochure.pdf

Twitter: https://twitter.com/glitzkointoken
Facebook: https://www.facebook.com/GlitzKoin-193241214767377/
Reddit: https://www.reddit.com/r/glitzkoin/
Bitcointalk: https://bitcointalk.org/index.php?topic=3355944.0
Medium: https://medium.com/glitzkoin
Telegram: https://t.me/glitzkoin_token

Author:

Bitcointalk Username: ICOevents
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1338776

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