The GLOBCOIN Crypto Platform will launch a series of rules-based baskets tokenized on the Ethereum blockchain. Each basket will have initial weights corresponding to a specific need of a community. It will track the performance of the underlying basket of currencies. Users of the basket can purchase them from the platform, our digital wallet, or from exchanges.
|Token for sale||170,000,000 GCP (40%)|
|Soft cap||250,000 USD|
|Hard cap||2,500,000 USD|
|Resection||United States of America|
|Whitepaper||Click Here For View Whitepaper|
|Website||Click Here For View website|
Currency baskets opportunities
Currency Baskets encompass broad investment themes and can be used to express multi-currency views on a tactical, thematic or strategic basis. The Platform intends to provide flexibility to users and allow them to express a view on a country or a group of currencies, or to hedge against the weakening of others. For example, if a user thinks that the dollar is going to generally strengthen against a selection of the major world currencies, he will at a later stage of development of the platform be able to buy a token tracking the performance of the US dollar against a basket of currencies.
A basket based on the Global Reserve Currency Index
Globalization of the economy is widely recognized but not fully perceived as a threat to purchasing power. Today, the value of your cup of coffee, like your wealth, is sensitive to currency fluctuations. It is estimated that the value of the USD, still perceived as the main reserve currency, in the global economy has lost over 20% since 2000. As your home
currency depreciates, so does your global purchasing power. Reduce volatility through diversification, away from a single central bank control and event risk.
Everyone will be able to easily access a stablecoin representing not one, but a basket of relevant fiat currencies. Baskets of currencies have been used historically by Central Banks and other institutions, but no retail bank or broker currently offers such a basket.
This system allows Globcoin to create bespoke baskets for different markets.The GLOBCOIN Crypto Platform will launch a series of rules-based baskets tokenized on the Ethereum blockchain. Each basket will have initial weights corresponding to a specific need of a community.
The Globcoin Crypto Platform will provide flexibility to stablecoin users, and will allow them to hedge against anyone weak currency by offering instead a hedge against a basket of currencies.
The first basket to be launched, corresponding to the World Reserve Currency (called GLX), will enable its holders to tactically switch within their crypto portfolio to a stable instrument, proven historically to be even more stable than the Swiss Franc.
Helie D’Hautefort CEO, FOUNDER
Linda Leaney CFO
Xavier De Villoutreys SENIOR PORTFOLIO MANAGER & TRADER
Also Read – Click Here for Read All ICO Review
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