Archives for January 21, 2018

GBX-Gibraltar Blockchain Exchange

GBX announces its event on the sale of public tokens

After a successful pre-sale sale, which collected more than $ 21 million, the exchange house (Exchange) GBX announced the launch of its next public event for the sale of tokens

It will begin on February 7, 2018.

February 14, 2018.

RKT is the acronym of the Rock Token or the symbol of the Rock. It is a utility token that is intended for use in the GBX ecosystem.

During the event, about 60 million RKT will be produced,

which is equivalent to 6 million US dollars.

GBX intends to become a platform for the sale of tokens at the world’s leading institutional level and the exchange of crypto-conversions. As a subsidiary of the Gibraltar Stock Exchange (GSX) regulated by the EU, it is expected that this initiative will offer a higher level of sale of its token. He will allow utility tokens, which have undergone a thorough check and reception process. This system, together with the exchange of high-quality digital assets, can be an unprecedented step forward for this emerging market, contributing to new, higher standards in the industry.
The exchange can only list the utility tokens, which pass strict control, which guarantees work with serious companies
Nick Cowan, CEO of Gibraltar Blockchain Exchange, commented:

“The introduction of rules-based systems is necessary if the block-block wants to reach maturity and if actors want to be sure of market stability. Based on the principles of decentralization and community consensus, GBX aims to create a new era of trust, openness and global acceptance for the cryptography industry while providing a list of quality markers. «

Time is ideally suited for GBX, which expects to benefit from the regulatory framework of the book’s technology with the distributed book of Gibraltar, which entered into force  on January 1, 2018   .
The scope of these rules will cover companies that use blockchain technology, including GBX. Companies in Gibraltar and / or Gibraltar who use the DLT technology to store or transfer value that is owned by others and whose activities are not regulated under other financial services will be covered.
GBX Ecosystem
GBX held a successful pre-sale period for RKT, which ended in December 2017. For 210 million RKT was sold a total of 21 million dollars. The use of proceeds from the public sale of RKT will be used primarily to continue the development of the GBX trading platform and further expand the GBX fintech ecosystem and financing channels. The ultimate goal is to develop the ability to support projects at any stage of their development that cover all their needs for commercial services.
Nick Cowen added:

“We are very happy to share with RKT in the world. Everyone at GBX is completely committed to locking technology and its potential to change the way it creates its own projects. We invite you to join our trip and the community that we are building. «

Structure and usefulness of RKT

RKT are utility tokens that are compatible with ERC-20, released in the Ethereum block chain. They will function mainly as a means of exchange for operations on the GBX platform, and also offer a variety of functionalities in the GBX ecosystem. RKT will also be used as:
■ Preferred exchange environment,
■ Get early access to new sales of tokens;
■ pay commercial rates;
■ transfer and pay fees to sponsors;
■ Advocate the issuer and sponsor;
■ As grants and awards at the Blockchain Innovation Center (BIC);
■ As payment for commercial services, such as corporate and stock services, and
■ Electronic money services.
Nick Cowen concluded:

“The sale of RKT and a broad user base will help GBX realize its intention to become a platform for selling world-class tokens and exchanging cryptoterms. To see such overwhelming support of our project already in our successful pre-sale period. GBX is working to lay the foundation for a global expansion of the regulated crypto-currency market with all the profit generated in our sales token, helping to expand this vision and make it a reality. «

For more information about Gibraltar Blockchain Exchange, find us on our social channels below:
Official technical document:

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