This post is from a low-reputation account and contains an unverified outbound link. Be cautious before clicking external links.

CGCX ICO – A Hybrid Crypto Exchange Platform

vladiik4(26)
Published in
#ico
Words
866
Reading
4 min
Listen
Play
8y



Overview

Calfin Global Crypto Exchange (CGCX) is a hybrid crypto exchange platform which allows users to trade cryptocurrencies easily. Users can also use fiat money to buy cryptocurrencies which is not possible in other trading platforms. 

CGCX aims to provide all the financial services in the crypto world. It is solving the problem of many investors and traders by making it easy to complete a crypto transaction and increasing its security. CGCX providing four platforms thus enabling users to get variety of services.

                     

CGCX Platform

1. Crypto Exchange:

Crypto Exchange has various features like buying and selling cryptocurrencies. Here users can buy cryptocurrencies using fiat money. For withdrawal and deposit two factor authentication (2FA) has been used which makes the process for secure. Advanced User Interface has been developed for institutional users which provides them with rich market data.

CGCX Wallet: It is a multicurrency wallet that will allow users to exchange their fiat money and cryptocurrency. This wallet can also be used to buy virtual goods in exchange of liquid assets.

2. ICO Listing Platform:

Apart from trading cryptocurrency CGCX is also allowing new and upcoming ICOs to use this platform to list their coins. The CGCX team will investigate about the new tokens among themselves and after their approval these tokens will be listed on their platform for voting. After checking the voting results the tokens will be listed on the platform for trading.

3. Merchant Platform

Merchant platform links the users of this platform with the merchant partners of CGCX. CGCX will use data analysis to observe and record the behaviour and spending patterns. This data can be used by merchants so that they can serve these users in more better way. Merchants can market and promote through CGCX and accept cryptocurrencies as a payment method.

4. Smart Contract Platform

The existing contract system is paper based which leads to increase in frauds and it is also has high transactional costs. CGCX is using blockchain technology where all the transactions can be executed via smart contracts automatically. The trading here is done publicly with the help of digital currency and after a transaction is completed it gets stored into the blockchain which is not subjected to any changes in future. 

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. 

Token Sale Details

Token : CGX

Platform : Ethereum

Type : ERC20 

PreICO Price : 1 ETH = 8,500 CGX 

Price : 1 ETH = 8,500 CGX 

Soft cap : 5,000,000 USD 

Hard cap : 1,000,000,000 CGX 

Tokens for sale : 1,000,000,000

Roadmap

               

Team

• Anandh Swami – CEO
HE is a technocrat and veteran fund manager specialized in technical analysis with more than 25 years of experience in markets. He also has distinguished experience in India/UAE equity markets as well as in Global Currency futures and options markets.

• Subramanyeswara sarma – CFO
He has extensive 14 years’ experience in Corporate Finance and Investment Management. He is an MBA graduate with specialization in Finance and Investments. He raised US$ 150mn capital for enterprise technology business in Dubai and also managed a large family office fund worth US$ 300mn, investing in listed and private equity.

• Don Asok – CTO
He is a specialist in Big Data eco-system strategy, collaboration, and implementation and has multiple product developments to his credit that use integrated analytics solutions. He is a Social Media and Digital Marketing Strategist and managed Projects with prestigious companies like Changi Airport Singapore, HP, NTU, and Dell. 

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 

My BTT: https://bitcointalk.org/index.php?action=profile;u=1695591 

CGCX ICO – A Hybrid Crypto Exchange Platform | Ecency