What is GCBIB
GCBIB (Genesis Crypto Blockchain Investment Bank) is primarily an investment bank, with a crypto to fiat exchange infrastructure that helps bridge the gap between the emerging crypto market and existing financial services. Powered by a combination of Blockchain, Smart Contracts and Artificial Intelligence, GCBIB will establish the necessary regulatory and technological framework, essential to the interoperability between existing and future financial paradigms.
The GCBIB Investment & Banking Platform caters specifically to customers looking to integrate cryptocurrency payment options in their business processes, utilize crypto friendly banking services, and facilitate simplified exchange options, all tied together with a Blockchain layer for assured security, transparency and regulatory compliance.
GCBIB will be licensed under the financial regulation laws of the European Union (EU) and undertake complete regulatory compliance for its service offerings. All users creating an account with GCBIB, whether private or commercial, will have to submit the necessary KYC/AML documents for approval before they can start making any transactions. In order to maintain a high level of regulatory compliance, all accounting entries involving any parties will be cryptographically recorded on GCBIBs private Blockchain network.
The core value proposition of the ecosystem will be the ability to provide a higher degree of liquidity for cryptocurrency holders, very likely becoming a game changer for the market. In addition to traditional banking products and services, GCBIB will introduce a wide range of cryptoexclusive services designed to favor various segments of the financial sector.
All monetary transactions will be fueled through the use of the GXB token native to the GCBIB Investment & Banking Platform. The primary utility of the GXB token will be to exchange listed cryptocurrencies for fiat, or to purchase cryptocurrencies through the platform. Furthermore, all loyalties, incentives and reward payments will be facilitated through the GXB token.
Details
Pre-sales: Oct 15, 2018 – Nov 19, 2018
Public sales: Nov 20, 2018 – Jan 31, 2019
Token supply: 2,000,000,000.00 GXB
Soft cap: 50,000,000USD
Hard cap: 200,000,000 USD
Raised: 5,150,000 USD
Legal
Blockchain Platform: Ethereum
Registration country: United Arab Emirates
Office address: Genesisx Consortium Backbone Inter
Banknet Alliance FZCO P.O.Box 6009,
(DSO-HQ-BG-08/04)
9000 Dubai – UAE
Token info
Ticker: GXB
Type: Utility-token
Token standard: ERC20
Token price in USD: 1 GXB= 0.3 USD
Accepted currencies: BTC, ETH, USD, EUR
Token distribution:
43% – ICO Supply
30% – Reserve Pool
9% – Developer Pool
9% – Payout Pool
7% – Promotional Pool
2% – Bounty Pool
Funds allocation:
65% – Development
15% – Marketing
10% – Administration
5% – Legal
5% – Contingency