Overview of Global Risk Exchange (GRE) ICO
Good afternoon everyone! I want to tell you about another project that has interested me, a project that has already shown itself and collected investments!
What is your attitude to investments?
For example, consider the company APPLE in its beginning, more precisely those who wanted to invest in it, but unfortunately were afraid to lose all of their savings. Now this once small company has become known to the whole world, and its assets are worth a lot of money, and those who did not invest at the time of its founding regret that they did not go for financial risk, because then buying shares for a couple of hundred dollars - now they would become millionaires.
Or I'm sure that many of you want or want to start a business. We know that all this is the right money, sometimes great for us. And again many fears stop losing money because almost always investments have a high risk, because you can not 100% predict what will come of it.
The risk is a kind of restrictor, I think everyone will agree with me. Now there are a lot of platforms for investment, as well as a lot of other variations where you can invest your money, but you never know whether you will increase your funds by 100%.
People need something more stable and safe, they are afraid to become a profit for scammers! How can this be achieved, who or what can provide these innovations? It would have seemed impossible, if not for the Global Risk Exchange team , which answered all these questions.
Let's understand:
Global Risk Exchange ( GRE ) - represents an innovative decentralized platform, based on all the well-known blockchain technology, the project is an open, decentralized risk exchange market (we can understand this even from names) and is designed to help not only private users, but also companies by simplifying and optimizing access to trading operations and managing their risks!
The team of this project decided to drastically change not only the risk management system that is familiar to us in the direction of decentralization, but also to change the tools that we are familiar with that allow us to manage risks. These include all familiar insurance to us, as well as derivatives / tree contracts! If in ordinary language, lobal Risk Exchange wants to be the first ecosystem in the field of supporting financial transactions for insurance, tree contracts, but use blockchain!
The platform will consist of 3 main groups:
Insurers
Contract Designers
Insured persons / companies
What does this give? The given decision will allow one to achieve balance in the sphere of trading risks not only to legal persons (companies), but as to private persons. This is a big plus in favor of the project, because it affects each of us because they have all faced investment at least once.
I highlighted several attractive innovations, in my opinion, of this project:
- Decentralized entry threshold, which will be zero. Now in the traditional world this threshold is very high.
- Transparency and security through the use of blockchain and smart-contract technology
- Separation into 2 financial markets (primary and secondary) will provide the best risk assessment
- Confidentiality of data and their protection from hackers to be at the highest level. Achieved by distributing the database and using blockchain technology.
- Early closure of ICO
And others.
I also want to note that in this area at the time of 2017, gross transactions reached $ 4.8 trillion. Now this figure is much greater.
Now let's look at the token and ICO:
Token code: RISK
Soft cap: 2,000 ETH
Hard cap: 20,000 ETH
Dates: beginning - May 20, 2018; end - June 20, 2018
Cost for ICO: 1 ETH = 100,000 RISK
Issued total: 10,000,000,000 RISK
Unfortunately, the main sale of tokens is already closed, but you may have time to buy them approximately at the rate of ICO when entering the exchange.
Conclusion: I believe that the project team will achieve the set goals on time, maybe even earlier. After all, they have everything for this: collected investments, knowledge, users' trust, and most importantly - the demand for their product.
Official sources:
Website: https://www.gref.io/
BTT thread: https://bitcointalk.org/index.php?topic=3178591.0
White paper: https://www.gref.io/gre.whitepaper.en.pdf
Twitter: https://twitter.com/GRE_RISK
FB: https://www.facebook.com/GRE-Foundation-2080066572230352/
T.me: https://t.me/GREF_EN
Author: https://bitcointalk.org/index.php?action=profile;u=1249110