Globitex: ICO review

in #ico7 years ago (edited)

Website: https://www.globitexico.com/?utm_source=icodrops
Telegram: https://t.me/globitex
Twitter: https://twitter.com/globitex_
Medium: https://medium.com/@globitex
Name cryptocurrency: GBX
Exchange ratio under the ICO: 1 GBX = 0.10 EUR
Date:

  • ICO: 10/02/2018
    Blockchain: Ethereum
    Hardap: 10 000 000 EUR equivalent in XBT, ETH, BCH

Brief description of the project:
Globitex is a platform for exchange trade in goods using bitcoin, as well as spot and derivative trading, derivatives and hedging using bitcoins.

Pros:
Globitex will increase the use of bitcoin as a means of exchange and, ultimately, create bitcoin as a single accounting system suitable for global trade without any barriers. Bitcoin is used as the base currency. The project received venture capital financing to create a bitcoy exchange and ensure the functions of full-value money: exchange, accounting, payment and savings. The sale of GBX markers is organized in order to expand the existing Globitex exchange infrastructure to the required level of exchange trading, with the possibility of placing standardized money markets and commodity lists.
Highly motivated team with excellent skills and an ambitious goal. Well-designed documentation. Practical ready platform (so far limited functionality). Two years to complete all the works and the release of a full-fledged exchange.

Cons:
Complicated legal and economic regulation, which forces to delay the timing of both the token and the implementation of the project.

Short-term growth potential: high
Long-term growth potential: high
Investment risk: low

Existence of Bounty program: + , https://medium.com/@globitex/globitex-has-launched-a-new-improved-version-of-its-official-bounty-campaign-9afa216a08f4
Blogging and content generating. Here you will need to make much more effort, but if you have your audience on blogs, you can make good money. There is a number of requirements to the blogs and the number of participants.
Social media. This Bounty type implies that you have social media accounts on twitter, telegram and facebook. The accounts should be active and live with a large number of subscribers. All you need to do is subscribe to the project;s official pages in social media, like and share their posts, repost and retweet them. This promotion strategy doesn’t ask for much effort either, that’s why it’s rather popular. But the downside here is that large number of participants decreases the profits of a single participant.
BitcoinTalk. The subscription campaign proved to be one of the most effective promotion strategies. Your account advertising options depend on your rating too. The profit you can make is very different depending on the total number of participants, because in the end the amount allocated for the campaign will be divided among all the participants. Plus you can use multiple accounts to participate, as there are no strict restrictions, all that matters is their rating.
Earn stakes for translating the Announcement Thread and actively moderating it. You will have to keep it active by posting regular updates, news or any important announcements in the local translated thread. Remember that a single post thread with no activity will not be accepted. Therefore make sure to keep it active, but without spamming or writing meaningless posts. There are additional stakes awarded for active Moderation.

Rating : 23 / 25

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=223497

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