The CGCX platform, a tool for e-commerce, smart contract and exchange
CGCX is a project made in Singapore, not only of currency exchange, which is part of the new hybrid development trend. In this it boasts a speed of operations per second equal to 1 million, ensuring stability and security to traders. Moreover the project wants to offer the possibility of a direct exchange with fiat current currency.
To date, the platform is online with only active registration and reference forms. In fact, by registering, you can already enter your own Ethereum address and check all previous transactions on the same address. The project, in fact, is also to provide an excellent decentralized wallet able to give a global view to the saver on more blockchain. In fact, in the wallet it will be possible to insert more addresses of more blockchain and trace the history.
As in other established exchanges, the tokens with which the project wants to finance, will serve to cancel trading commissions, to access specific services on blockchain, and to vote the new tokens that require to be listed on the platform.
CGCX is not just currency exchange.
This platform will provide free access to all merchants who want to accept crypto payments. In fact, sellers can participate in the platform and install the Point-of-Sale application on their ecommerce site, with low commissions, which will allow him to receive payments in any currency. Which crypto is deployed in the application.
Finally, it is the last module, the most interesting module, that allows creation of self-generated, self-generated contracts, on the Ethereum blockchain, which may involve more crypto money. This service can be used for different purposes. From banking services, loans, loan contracts, etc.
50% of all cards are sold in the ICO. The remainder will be dedicated to the operation of the platform (19%) and to remuneration for developers and consultants. The harvest will be devoted to international marketing and development, with 50% of the platform ready. In fact, the team wants to launch at the end of the ICO (end of June) fully operational exchange platform, pairing it with a smartphone application; In July, the voting system for the new token list is expected to be launched; In September the module for the creation of smart contracts and finally, in January, launch modules for e-commerce.
You can also participate in the ICO today, in advance, with the advantageous exchange rate of 1 ETH = 8500 CGCX. The beginning of the public ICO will be June 1 and will end at the end of the same month. The minimum funding target is 5 million dollars. The team is very active in promoting the project, and even if there is not much hype I think the project is valid because it is simple and tied to the most urgent needs of the market.
More information:
- Website: https://www.cgcx.io/
- Whitepaper: https://www.cgcx.io/wp-content/uploads/2018/05/Whitepaper.pdf
- Facebook: https://www.facebook.com/CGCXofficial/
- Twitter: https://twitter.com/CGCXofficial
- Linked in: https://www.linkedin.com/company/cgcxofficial
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