Revolution Of Access Currency

With the current development of crypto, people need an infrastructure that can help them organize, access and protect their cryptocurrencies. For that GLOBCOIN was cerated.

GLOBCOIN

GLOBCOIN is Crypto Platform who provides the infrastructure to build baskets of currencies corresponding to specific communities/users' needs. The first basket will be launched on GC platform upon relevant authorities’ approval.

Users holding GCP tokens will be able to access our GLOBCOIN Crypto Platform where currency baskets can be owned and traded.

GLOBCOIN have vision to revolutionize the access of people to currencies, to reinvent for them solutions to protect their wealth in a new multi-polar world. And GLOBCOIN will provide the cryptocurrency community with the best solution to ensure not only wealth preservation of their portfolio in fiat currencies terms, but liquidity, stability and safety at a small cost.

Currency Baskets

Currency baskets are portfolios of selected currencies with different weightings. A currency basket is commonly used to minimize the risk of currency fluctuations. Currency Baskets encompass broad investment themes and can be used to express multi-currency views on a tactical, thematic or strategic basis. Even if the benefits of currency baskets seem quite obvious, their use has been restricted by several barriers:

The barrier of size
The barrier of price
The barrier of infrastructure

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.

GLOBCOIN rely on the Ethereum blockchain technology and the experience of the following Group Structure:
Reserve Currency solutions (RCS SA), was established in Zug, Switzerland in 2013 to create and develop managed currency products such as a Global Reserve Currency, an index that can be assimilated to a “World Currency”.

OptimInvest is a currency manager based in Geneva and is a regulated member of OARG
GLOBCOIN Ltd, our London-based company, created in 2016, currently markets one of the first multicurrency e-wallets linked to a debit card providing interbank rate access to currency markets and free P2P transfers in most world currencies

GLOBCOIN will develop two Ether tokens:

GCP, A Utility Token that gives access to a platform where various currency baskets can be issued and traded, including but not limited to the World Reserve Currency (GLX).
GLX, a Token representing an exposure to the 15 largest fiat world currencies and Gold. The GLX is 100 % backed on a 1 X 1 ratio

Target users

Investors in need for a stable trusted and asset-backed Cryptocurrency
Token Sales or ICOs sponsors
Residents of countries with weakening currencies

Statistics show that citizens of countries with failing currencies in every part of the globe are turning to crypto for investment and wealth protection as they want to diversify from their home fiat currency. Citizens of countries with failing currencies in every part of the globe seem to be turning to crypto for investment and wealth protection, even amid the chaotic struggles of fiat currencies. Currency baskets are a very effective solution to avoid concentrating wealth in a few currencies whose evolution can be very negative and providing a diversification reflecting the world economy.

Multiple Applications

Even if the home currency is not weakening, you can use a currency basket as a “Hedge” to an existing portfolio of investments for something “currency neutral”, something global, without having any currency bias. An appropriate basket enables you to denominate a specific asset in another currency than the original currency. The Global Reserve Currency basket enables the real estate investor to transform the currency exposure linked to an investment and give it a neutral stance regarding currencies.

The GLOBCOIN platform is accessible online or via an app, offering the combination of multi-currency payments and savings. It is the perfect solution for anyone looking to save money when travelling or sending money abroad.

Token Sale

GCP Token

The GLOBCOIN GCP token creation process is organized around smart contracts running on Ethereum.
Crowdfunding ends when the end block is created, or when the amount of Ether sent to the account reaches the maximum.

After the token sale GCP tokens will become transferable to exchanges and crypto-wallets. At the moment GLOBCOIN are discussing with several crypto exchanges to list GCP after the Token Sale.

Bonus Programme

TokenoMics

GCP Utility Token
The GCP is a pure utility Token and is used to access the services of issuing or exchanging the tokens representing the currency baskets available on the platform. Each GCP has the following rights:

Exchange the currency baskets tokens (such as GLX), directly with the issuer at 0% fee according to a grid calculating the required level of GCP holding per amount of desired transaction in currency basket.
Get a direct access for trading on the GLOBCOIN Exchange to benefit from the liquidity created by the platform.

The GCP utility token has a limited supply of 510,000,000 tokens, and there will not be other GCP issued in the future.

GLX Global Currency Token
Users will be able to buy GLX :

On exchanges (we are already in contact with several exchanges that showed an interest.)
On the GLOBCOIN Platform : GCP holders will be able to exchange their fiat currencies for GLX on the Platform with 0% fee. GCP holders will be able to use the service of exchanging Fiat for GLX or GLX to Fiat currencies as many times as they wish.

The tokens associated with currency baskets will not have any supply limit. GLX and all tokenized baskets on the platform will be properly backed by bank deposits as per their specifications.

Business model

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By acquiring the GCP, users can have access to the platform and trade currency baskets such as the Global Currency (GLX) without paying any fee according to the following schedule

Use Of Funds

The proceeds from the token sale will fund:

The budget for continuation of the development of the platform covering inter-alia, infrastructure, market data, simulation tools, currency portfolio management tools, creation of new products.
Marketing and customer acquisition
Partnership programs including with Exchanges and Platforms and acquisitions for synergetic developments
Operational costs: salaries, rents and other operational costs
Legal fees and necessary licenses across various jurisdictions
Intellectual Property rights including patents, copyright, industrial design rights, trademarks.

Milestones based on different levels of funding received during the Token Sale in addition to funds committed during the private sale:

If the funds raised during the Token Sale reach a minimum of 3,000 ETH GLOBCOIN will set up the whole infrastructure to launch the first basket (GLX) by Q3 2018.
If the funds raised reach a minimum of 5,000 ETH, GLOBCOIN will be able to offer services on the GLOBCOIN Multi-currency card that GLOBCOIN ltd launched last year but so far is still restricted to fiat currencies.

Funds ESCROW

All payments received for GCP tokens regarding the Initial Token Sale will be held in escrow in a secure multisignature address, and will only be released from the account with 2 out of 3 signatures:

Helie d’Hautefort – Founder
Bertrand Weisgerber – Co-founder
Linda Leaney – Partner

Market Strategy

The target client base is twofold:

The crypto currency community. GLOBCOIN is the first to fill a gap between the crypto world and the world of fiat currencies. We propose a solution for holders of cryptos who want to diversify at least part of their portfolio.
Individuals who have an exposure to the volatility of currencies, such as: Students Business Travelers, holiday takers, expatriates, online shoppers, Global Nomads.

The target market is twofold: - Cryptocurrency investors looking for a stable and asset-backed coin. - National currencies holders wishing to diversify.

GLOBCOIN make assumptions about what percentage of the market cap can be captured by solution like GLOBCOIN and apply our calculation of the value of the discount offered to the GCP holders, evaluated for simplification purpose at 1 %.

In the following table, GLOBCOIN assume that it takes GLOBCOIN 2 years to reach the current market cap of Tether.

Core values of the GLOBCOIN Crypto Platform

Driven by Innovation.
Customer experience comes first.
Equal access to the issuance of tokenized baskets for all communities in the world.
Transparency, democratic governance and organizational best practices at all levels.
Compliance with laws and regulations in jurisdictions in which the GLOBCOIN or its affiliated institutions are active.