CGCX: First Hybrid Crypto Platform In Singapore
Let's go to continue this blog with other project. First of all, for who missed previous entry, what's a cryptomoney? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly.
Today there are thousands of coins on the market, already in operation, such as Bitcoin, Ethereum, Ripple, etc., but there are many thousands more that are about to leave. The former are called cryptocurrencies and can be purchased on many websites such as Coinbase, Localbitcoins, Kraken, etc. The others are the so-called ICO's (Initial Coin Offering), which can be obtained with significant discounts and price runs through small contracts and transfers through Ethereum. But there exist others those that have just been born, which are not even in the ICO phase, which launch campaigns to attract the public attention, these are the Airdrops. With this, we can get thousands of coins for free. I emphasize these because it's a way to win cryptocoins even if the market is as it is. Through this way you never lose money.
However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As we all know, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account. For this reason, that is why I choose the best of them through an exhaustive study of the main characteristics.
For this reason, the project I am going to present you is the Califin Global Crypto Exchange (CGCX) , Singapore’s first insured hybrid crypto platform. CGCX (CGX) (https://www.cgcx.io/) is an hybrid decentralized high-availability exchange platform that offers a straightforward, user-friendly interface for both individual investors, as well as institutional traders, and also offers both crypto-to-crypto in addition to fiat-to-crypto trading pairs. The project is designed to be a global leader in cryptocurrency and blockchain exchange solutions, with a focus on the financial benefit and security of all stakeholders.
The main objective of CGCX is to offer the best quality service with a wide range of products providing innovative, safe, reliable and profitable solutions for customers, and expand to become a world leader in blocking chain solutions. Its objective is to satisfy the growing demand of the main traders and investors.
As a future goal, CGCX aims to scale rapidly, with planned expansion to specific regions, and eventually to become a global entity.
The CGCX platform offers a highly sophisticated hybrid exchange and maintains the security of its members at the forefront and in a unique service of its kind. Thanks to this, it ensures the portfolios against cyber attacks and hacking.
As for the architecture that makes up the ecosystem, CGCX is differentiating itself in the world of block chains by offering four platforms in one to offer a wide variety of services to its customers. The main characteristics that compose it are:
Crypto Exchange: CGCX offers a 24/7 platform of operations with rugged security and an architecture that supports operations 24 hours a day.
It can also support settlement of transactions in real time transparently through all financial instruments.
It allows the rapid and continuous addition of digital currencies, tailor-made assets and national currencies.
ICO Listing Platform: It also allows new alternative currency issuers to list their tokens to operate.
Merchant Platform: It can be integrated with the point of sale ("POS") and the electronic commerce system of a merchant to accept cryptographic currencies as a means of exchange.
Moreover, data analysis engine will provide information on customer behavior, spending patterns and trend analysis so that traders can better position themselves to meet the needs of their customers. Besides, the tool for merchants and the payment gateway provide companies with the perfect tool to manage cryptocurrencies.
Smart Contracts Platform: The platform has the ability to program smart contracts, which can execute payments automatically. without human intervention. All negotiable assets that can be represented through a digital token and publicly negotiated can be used in these smart contracts, subject to regulatory requirements.
Date Event July-2017 Conceived Idea & Onboarding Partners September-2017 Started the product development January-2018 Legal Participation, Marketing and Advice. SAFT - Completed in 3 days March-2018 Website Launch, Token Creation and Rewards Program May-2018 Pre-Sales (May 1 - May 15)
Beta Testing of Exchange Platform, MainSales (June 1 - June 30)
Beta Launch of Exchange
July-2018 Launch of Exchange, Mobile App, Wallet
Launch of ICO platform: Voting Engine
September-2018 Launch of smart contracts January-2019 Launch of the Commercial Solution, Integration with eCommerce and POS March-2019 Customer Loyalty Program
The project gives the opportunity to earn CGCX (CGX) tokens performing some social media tasks and doing simple steps from the bounty program explained into this Bitcointalk Webpage. Here (https://bitcointalk.org/index.php?topic=3440704.0) you can access to the link in order to see what are the conditions to become an early CGXcontributor and start acquiring tokens.
Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://www.cgcx.io/wp-content/uploads/2018/05/Whitepaper.pdf). You can also stay tuned in their official Telegram group (https://t.me/cgcxofficial). I hope you liked the post and soon I'll send you new ones.
ICO price: 1 ETH = 8,500 CGX
Tokens for sale: 1,000,000,000
Email: [email protected]
Telegram username: @clauminghttps://bitcointalk.org/index.php?action=profile;u=1870482
Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71