The governments of Africa have really worked on improving the economy of Africa through educating the citizens on the importance of financial education and this has been witnesses in introduction of financial aid to communities through SME Loans and entrepreneurship sponsored activities.
Golix is the easiest way for Africans to pass value between Fiat and Cryptocurrency.
GLX token-will provide the residents of Africa with a way of exchange between Fiat and crypto-currencies and will give the opportunity to invest in crypto-currency projects in Africa.
PROBLEMS
Most Africans do not have the mechanisms to exchange the continent's Fiat currency and cryptocurrency options. This has deprived them of a decentralized solution to some of the problems inherent in the African financial services ecosystem, such as:
Broken money transfer model dotted with uncomfortable and extremely risky informal solutions;
They replaced only the official solutions for the appointment of penalties to migrants who send money home. In the African money transfer market, $ 60 billion is needed. The US accounts for the world's highest cost of remittances, which exceeds the already high world average;
International payments from any African country are expensive, slow and difficult;
Access to cryptocurrencies: there are restrictions on participation of Africans on international cryptocurrency exchanges such as Binance, due to the inability to buy cryptocurrencies for local Fiat. They either do not have access to exchanges or those that are available to them do not accept their local currency.
DECISION
Golix addresses these issues through an active exchange of views in Zimbabwe. It now intends to apply these solutions to the rest of Africa through exchanges in many countries. The new token-Golix Token (GLX) - will be issued to provide users on all these exchanges with additional methods of exchange between Fiat and cryptocurrency.
TOKEN
The GOLIX token will have an ERC20 standard based on the Ethereum blockchain;
To be released 1 097 274 240 tokens GLX, 50% will be realized through Tocancel;
Token sale will start on June 1, 2018 and last 54 days and end on July 25, 2018;
1 GLX token will cost $ 0.05612, and it can be purchased for Bitcoin (BTC), Ethereum (ETH) or Stellar (XLM).
Hard Cap Of $ 32 000 000;
Residents of Africa will receive a 10% bonus, in addition to any other discounts;
Holders of 100,000 or more GLX tokens will have zero transaction fees on all trades for exchange;
GLX token will be specified and available for trading on Golix.com;
Any trading pair that includes the GLX token will have a zero transaction fee;
Using their tokens, holders will have the opportunity to jointly invest in
African cryptocurrency projects in which it invests Golix.
More info:
https://golix.com/
https://drive.google.com/file/d/1P1Ut2d24nvi3Fje1tplhcCpjkL950als/view
https://bitcointalk.org/index.php?topic=4447761
https://twitter.com/golixdotcom
https://t.me/golixcommunity
https://www.youtube.com/channel/UC-5gAH6TSu7XYlQvWPTRj9g
https://www.reddit.com/r/GolixDotCom/
Author: https://bitcointalk.org/index.php?action=profile;u=2004273
