Feb 5, 2018
The GLOBCOIN Platform will enable the launch of customised currency baskets for a variety of uses. Currency baskets are portfolios of selected currencies with different weightings.
Globcoin’s GLX are tokens that function as a store of value and a medium of exchange. Every token represents 1 unit of a basket consisting of the national currencies of the 15 largest economies and Gold, as measured by GDP, adjusted by PPP.
Globcoin Multicurrency Saving Account and Multicurrency Prepaid MasterCard is a platform accessible online or via an App, offering the combination of multicurrency payments and savings.
The GCP token is coded on smart contracts running on Ethereum.
The GCP is an utility Token and is used to access the services of issuing or exchanging the tokens representing the currency baskets available on the platform. The GCP token is a link to the software license for the use of various baskets linked to proprietary currency indices.
Attention. There is a risk that unverified members are not actually members of the team
$23 692 281
$17 997 669
$315 718 514
Tough competition with fintech and blockchain companies as well as with traditional banking Tough competition with ETHs and their diverse product range leaving Globcoin basket lagging behind. Lack of agreements with exchanges No mechanism indicated of ensuring tokenholder’s returns.
Development strategy is based on Globcoin’s current products but the company does not disclose its previous performance results. Lack of Revenue, Profit margin, Net profit and FCF forecasting Team and consultants’ part in token structure is high and equals to 20%. Also their compensation does not appear to be related to KPIs Transaction fees concept and forecasts stated are not described in clear way Funds usage process and plans are not disclosed High pre-sale discount (40%), that increases the risk of rapid token sell-offs after ICO start date and further falling token prices.
No blockchain specialist is found in the team Technical specialists do not have previous significant experience before entering Globcoin Some members combine Globcoin activity with working at other companies what may result in softening the focus on ICO project.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
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