GLOBCOIN-THE SIMPLE, SAFE, AND EFFICIEN GLOBAL CRYPTO CURRENCY

What is Globcoin?

Now, we do not live in a global world. We live in a global village with there is not significant border of space. We can go anywhere and visit many places with a big possibility. We need the best solution for the currency problem when we want to make our next trip. We need to pay attention on GLOBCOIN. We can call GLOBCOIN as a “Multicurrency Saving Account”. GLOBCOIN is a digital coin that combining the best aspects of cryptocurrencies. GLOBCOIN also combines the best aspects of traditional currencies. GLOBCOIN will link this digital coin into a basket of currencies from the fifteen largest world economies and five percent Gold.

The concept of GLOBCOIN was inspired by Europe economy in previous decade. Before the Euro was published, the European Union created ECU (European Currency Unit). The ECU was a currency basket that composed by several European currencies such as pound sterling, Lira Malta, Cupon Moldova, Franc Monégasque, etc. The European Currency Unit was used as the unit of account of the European Community. Besides that, the ECU was used to minimize fluctuations between member state currencies and also as an international financial transactions before Euro is existed.

Then, what is “baskets of currencies corresponding”? Here, a basket of currencies corresponding is a selected group of currencies with different weightings to produce one value against which another currency is measured. The rate of resulting exchange can be fixed or variable. The various currencies are commonly weighted depends on their respective importance in international trade. It is used as a measurement of the value or the amount of an obligation. It is also normally used to minimize the risk of currency fluctuations. Then, the composition and weighting of the currency basket depend on its purpose.

The Simplicity of Globcoin

When a person wants to visit overseas, he or she needs to prepare many things. The most important thing before going abroad is preparing the money that he needs to bring. We cannot used our local money for buying something in another country before we change it. If we want to visit more than one country, we need to bring more than one currency. It will make so busy to go to money changer and exchange our money with the other currencies.

Now, we have GLOBCOIN that offers a simple way to bring many kind of currencies in a single card. By combining the best aspects of cryptocurrencies and fiat currencies, GLOBCOIN offer us the simplicity of transaction and saving account. GLOBCOIN links the digital coin into a basket of currencies from the fifteen largest world economies and five percent of gold. So, we can go anywhere and visit many places with a single card and multicurrency in it.

The card contains six currencies. The wallets are denominated in Euro, US Dollar, British Pound, Swiss Franc, Canadian Dollar, and Polish Zloty for this time. In addition it will be more than six wallets. There is a great opportunity in what Globcoin is doing right now. It will provide many functions for customers. With Globcoin they will have a stable currency in their portfolio, and without any complicated transactions and moving of funds.

The Safety of Globcoin

The GLOBCOIN has a cooperation with MasterCard International Incorporated. GLOBCOIN has license from MasterCard International Incorporated. So, GLOBCOIN becomes GLOBCOIN Prepaid MasterCard. Prepaid Financial Services is regulated and authorized by the Financial Conduct Authority. Prepaid Financial Services is owned and operated by a core team. The core team has many years of experience in payment card services and banking technology.

If we join GLOBCOIN, our money is held in ring-fenced client accounts at Barclays. Therefore, your money would be safe if anything would happen to Prepaid Financial Services or GLOBCOIN Ltd. It can be safe because all our card transactions are processed through the MasterCard network and are protected by MasterCard rules. GLOBCOIN also makes sure that our security and privacy are kept carefully.

To ensure our security, GLOBCOIN store and process our personal information using third party servers. It is located in secure data centers that are protected by firewalls and have restricted access, in compliance with applicable regulations. So, the clients benefit from the highest security standards within the payment card industry.

The Uniquely of Globcoin

There are some uniqueness of Globcoin. The first is ACCESSIBILITY. Used by Central Banks, very few people would have access to the network necessary to construct such an offering themselves. No retail bank or broker currently offers such a basket. Then the second is FLEXIBILITY. The Platform will provide flexibility to investors and allows them to express a view of a country or a group of currencies, or to hedge against the weakening of others. After that the third is STABILITY. The first basket to be launched, corresponding to the World Reserve Currency (which we call GLX), will enable its holders to tactically switch to the most stable instrument, proven historically to be even more stable than the Swiss Franc. The last is SCALABILITY. This system allows Globcoin to create bespoke baskets for different markets.

The Token Sale 

The name of the token is GCP, GCP created per 1 ether is 100. The Minimum or optimum contribution level in ether for each investor is 0.1. The Minimum or optimum ether to be collected is 5,000. The Maximum or optimum ether is 150,000. The Maximum or optimum number of token that generated to crowdsale participants is 15,850,000 (37.8%). The Maximum or optimum number of token that generated to pre-sale participants is 5,100,000 (12.2%). The Maximum or optimum number of token that generated for future business development 12,570,000 (30%). The Maximum or optimum number of token that generated to team, adviser and early backers is 8,380,000 (20%). The Maximum or optimum number of GCP generated is 41,900,000 (100%).

The further information

Website: https://globcoin.io

Whitepaper: https://globcoin.io/assets/whitepaper.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2410069.0

Youtube Channel: https://www.youtube.com/channel/UCd5vYU38p0YrQTUZ6UEKGdA/videos
Facebook: https://www.facebook.com/globcoin.io
Telegram: https://t.me/globcoin
Twitter: https://twitter.com/Globcoin_io
Reddit: https://www.reddit.com/user/globcoin_io
Github: https://github.com/Globcoin/ICO
Linkedin: https://www.linkedin.com/company/globcoin-io
Medium: https://medium.com/@globcoin_io

Article By : abdullahtakesi

Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1743199