GLITZCOIN: A Diamond Trading Forum

Introduction

Glitzcoin is a very advanced blockchain-dependent diamond selling and buying forum that runs on a cryptocurrency to promote easy bill payment with special emphasis on clarity and safety.

The Glitzcoin diamond forum is the very first primary overhaul of the diamond selling firms in years back. The platform offers instant access for both recent and older diamond buyers to hook up with old sellers irrespective of their geographical location worldwide.

Glitzcoin and Open Blockchain

Glitzcoin transcends just any type of blockchain as it features top experts from the diamond market and professionals who are vast in blockchain and cryptocurrency dealings. There exist quite a lot of stakeholders in the diamond market, beginning with the mining industries and this encompasses diamond refiners, licensing authorities, retailers and end users.

By creating a platform where all thee stakeholders meet, Glitzcoin promotes ease and effectiveness in completing transactions. The custom blockchain features privacy alternatives wired precisely for diamond market.

Glitzcoin facilities openness by leveraging on the public and private blockchains to attain a high-end technical version. This blends the best of the two features; very secured public blockchain linked with approved regulations in private blockchain that makes it possible to better satisfy the blockchain industry.

Glitzcoin blends privacy, ease of accessing data, safety to produce enterprise-fit applications. Existing blockchain technology does not satisfy the market demands because the transaction data is totally public and the network security is usually not certainly.

Features of the Glitzcoin Platform

Privacy

With zk-snarks and bulletproofs, transaction data are kept confidential, and this implies that transaction data and trade details are kept encrypted and away from the know of the participants.

User-friendliness

Glitzcoin option will perfectly incorporate itself into present business procedures and application. There is no need for any technical knowledge for either of the participants, be it the users or the companies.

Identity and Network Security

Glitzcoin’s supply chain is totally safe and premised on united Byzantine testament system to operate a network regulating protocol and oust unwanted actors.

Historical Records

Glitzcoin safely document historical fact and transactions and this enables suppliers to establish their trustworthiness to buyers and gauging institutions.

Third Party Applications

With Glitzcoin, companies can quickly develop bespoke, end-to-end supply chain applications whose data us quite private.

Glitzcoin’s Decentralized Exchange

Glitzcoin executes a worldwide exchange whose emphasis is on reconciling the disparity that exist among contemporary diamond market and the more recent financial industry dominated by cryptocurrency.

With an expansive knowledge of the diamond market, Glitzcoin seeks to marshal an epic change where people can liquidate and deal in diamonds just like other financial assets, all in a clear and safe environment.

Glitzcoin diamond makes it possible for just about anybody to buy individual diamonds or become a shareholder in the diamond industry. Participants can trust the trading process even when they have no fore knowledge of diamond business.

Many thanks to the disaggregated mode of the exchange, the computer learning feature and blockchain mechanism that gauges the selling prove of diamond. Glitzcoin offers a special benchmark amount, billing rate and smart contracts for every single piece.

Token

The GLT token will be used as a means of payment on the Glitzcoin platform.

ICO Details

Token symbol: GLT
Total tokens: 999,000,000 GLT tokens
ICO supply (private & public): 249, 750,000 GLT tokens
Hard cap: $41.8 million
Soft cap: $10 million
Price: $0.12 - $0.20
Projected crowd sale date: 16th March - 25th May, 2018

"Buyers can pay for Glitzcoin token using Bitcoin, Ethereum, Litecoin, Ripple and Stellar ICOs".

Token Distribution

Maximum token for sale: 25%
Community: 20%
Company: 35%
Market: 20%

Roadmap

Conclusion

Glitzcoin is an ICO platform for trading diamond that seeks to introduce transparency and more reliability in the transaction process. The concept is special and it is a rather unique and a promising ICO platform worth investing in.