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Globitex. The Future of the Global Trade

mirofameJan 28, 2018, 12:17:07 PM

▶️Original ICO Video: 

☑️What is it about?

Transferring large quantities of money fast is a problem with conventional internet banking, taking a large amount of gold through a border to sell it in another country isn`t very easy either. Trading Bitcoins on the other hand helps everything go smoother, and cheaper so why not trade gold and commodities in seconds, help coal mines, oil companies and farmers sell their product easier and faster with a bigger gain. And that is where Globitex comes in. They help trade Bitcoins for oil, gold, coffee and pretty much anything else you need. They also have a way of trading Bitcoin for euro which helps purchases on a lower level with companies that do not accept crypto-currencies.

The creators of Globitex

The four co-founders of Globitex, the people that envisioned the idea and made it happen. Of course now each of them has their role to play in Globitex and with their colleagues they shape the future of the Global Trade.

Of course each of them can be found in LinkedIn if anyone wishes to consult them for some work advice or a business proposition.


✔️Token Details

✔️Token name: Globitex Token

✔️Token symbol: GBX

✔️Token lifetime: 10 years (subject to extension)

✔️Token execution environment: Ethereum platform

✔️Token standard: Ethereum EIP-20 (previously known as ERC-20) compliant smart contract

✔️Token decimal units: 8

✔️Token sales currencies: Ether (ETH), Bitcoin (XBT), Bitcoin Cash (BCH)

✔️Token emission standard price: GBX 1 = EUR 0.10

✔️Minimum sales target incl. pre sale: equivalent of EUR 1,000,000

✔️Sales cap: equivalent of EUR 10,000,000

✔️Minimum purchase amount: equivalent of EUR 10

✔️Maximum purchase amount per buyer: equivalent of EUR 3,000,000

✔️Sales start date: before February 2018.

✔️To be announced on www.globitexico.com

✔️Sales end date: To be announced on www.globitexico.com

✔️Early Participation Discounts During Public Token Sales

✔️10% discount for the first 5,000,000 GBX Tokens sold

✔️5% discount for the next 10,000,000 GBX Tokens sold

✔️Additional Company Success-related Rewards

✔️10% success rewards for the lifetime of GBX Token


Q2 2017: BETA Launch of Globitex Bitcoin Exchange.

Q4 2017: ICO Announcement

Q4 2017: Launch of Bitcoin Cash Trading, Deposits and Withdrawals.

Q4 2017: Partnership with Electronic Money Institution.

Q1 2018: Open Public Launch of Globitex Services.

Q1 2018: Globitex Token Sale.

Q1 2018: Launch of Additional Cryptocurrency Trading Pairs.

Q2 2018: Launch of Additional FiatTrading Pairs.

Q3 2018: OTF (organized trading facility) Licensing

Q4 2018: REPO (Margin) Trading Launch.

Q1 2019: BIBOR (bitcoin inter-broker offered rate) Launch.

Q1 2019: Listing of Bitcoin Settled Commodity Futures.

Q2 2019: Listing of Cryptocurrency Futures, Swaps and Vanilla Options.

Q3 2019: Listing of Bitcoin Priced Globitex Commodity Index- GCOM.

Q3 2019: Physically Deliverable Precious Metals.

Q4 2019: Physically Deliverable Other Commodities.

☑️Website Review

Honestly, I`m not a fan of their site. With a budget like theirs one could think that they can afford a better designer for this job. What I am talking about is the following: The site starts off well with a couple of light blue images that are nice to look at while at the same time they spark up our curiosity about what they offer. Up to this point everything seems good but as we begin to scroll down the light blue images fade to the background and take on a white color as they are replaced with flip images of the different items that are used in different trades. So far its good and they reader enjoys it but from here on we are greeted by a blinding white background that forces everyone to tone down the brightness settings on whatever device they are using. Now, I have to admit that once the brightness is lowered and our eyes adjust, we are greeted by small texts and information panels with very well written information in them that is just pleasant to read as well as helpful as to understand what is going on.

Whitepaper Review

Starting off with a disclaimer is a nice thing as it eliminates some confusions and misunderstandings. Although the whitepaper does have a minor problem connected to the boring theme that makes most readers feel like they want to fall asleep (as it is used by many schools and many have that initial response when seeing a school report). If we set that aside we do find a well written and very detailed report of the company and what it does and how it does it, that is of course if you are very well informed beforehand as to what is going on with the Bitcoin trading business. But probably the best part of it is that it is soon going to be available in more than one language, which is of great help for the non-English speakers.

☑️My Thoughts

Okay, so here are my problems with all this. They are mainly cosmetic towards the Website and the Whitepaper. I really expected a lot more from a company with such a great idea. What I mean is that the color themes, the writing style and generally the way Globitex promotes itself is not on the same level as their work and this might be quite the issue for them because some people could see this and think “Oh, they don`t take themselves seriously.” and just go on to seek another answer to their problems.

A change of themes, maybe freshen up the site and I am certain that more people will think of participating.

⚠️ And here is the notorious Website: https://www.globitexico.com/

⚠️The Whitepaper can be found here: https://www.globitexico.com/wp.pdf

⚠️Bitcointalk.org Profile: https://bitcointalk.org/index.php?action=profile;u=1653137

⚠️Bitcointalk.org Username: mirofame