GLOBCOIN: INVESTMENT BASKETS THROUGH BLOCKCHAIN
By: Martin Muroria
Tags: ICO, Bitcoin, Cryptocurrency, Crypto

GLOBCOIN Crypto Platform (GCP, or GC platform) provides the infrastructure to build baskets of currencies corresponding to specific communities/users’ needs. This market place is the solution for the challenges that face the traditional investing systems. Investing in cryptocurrency cannot be done through traditional means. They rely so much on market analysts who try to speculate on which currency will increase in value or which one will decrease. Time and again, cryptocurrency value has proved market analysts wrong as it does not follow traditional market norms. They can gain value at a really high rate and the come crashing as investors scramble to put their money in the cryptocurrency. Its value is based on its supply and demand which is hard to predict with the current systems that we have. This unpredictability of cryptocurrencies makes investors shy off from them. However, they often get disappointed when they see the gain in value some of these currencies make. For the general public, they hear and read about stories of how people became rich through investing gin cryptocurrencies and this entices them to also invest in them. The public also faces the challenge of predicting the value of cryptocurrencies.

The GC platform wants to stand out as a place of safe investments for cryptocurrency. GC will use algorithms to help them safely invest for their members. They take away the burden of having to learn all about crypto trading from the public by providing a space where all they have to do is put their money and wait for the returns. The money invested though GC is done via token purchases of the GLX token. These tokens represent a specific value in the normal currency that we use. GC has different categories of investments that will indicate to those wishing to take part in the program how many GC tokens they will require in order to make a particular amount of money. The great thing about this system is that users get to keep the tokens they bought as they gain in fiat every time they lend their tokens.

A platform that deals in such transactions needs to be secure and transparent at all times. GC will employ block-chain technology as it is the most successful technology when it comes to these two aspects. It will also form the basis of decentralization in the GC platform. Blockchain keeps a detailed record of every transactions thus users will gain trust in the GC platform.

GC will revolutionize investing through this platform. Its success may very well be the beginning of the change of tact in investment from traditional ways to a more secure way that may even be able to prevent market crashes. The application of the GC platform are endless. Its success in the cryptocurrency world may lead to its applications in other sectors. The future of investment is bright and if you would like to share in that future, you can help GC develop their platform by supporting their public ICO through https://globcoin.io/assets/ to learn more about how they plan to carry out their activities, you can go through their white paper on https://globcoin.io/assets/whitepaper-GCP-v2.0.pdf