Bitglobal, a digital currency trading platform dedicated to the free exchange between digital assets and gold, recently completed the ICO. Ten million Global Coins (GBC) were sold out within 36 minutes. And this momentum has not been witnessed for a long time in the ICOs.
The reason GBC was widely pursued during its ICO is that it has solid basis for appreciation, which can be analyzed from the following aspects:
- GBC distribution is 100% open and transparent. And the Bitglobal management team does not possess any GBC, and will not have a secondary offering.
100% open distribution and one-time offering provides a strong foundation for value preservation, and prevent any inside trading.
- 50% profit generated from the platform operation will be used for full buyback of GBCs.
Bitglobal is committed to buying back GBCs with 50% profit from daily operation. And all GBCs bought back will be deposited in a designated account, and will no longer be circulated in the market, which lays a foundation for GBC value appreciation.
- Sound profit-sharing mechanism
GBC possessors are shareholders of the Bitglobal platform, and they will share the profit on August 8 every year.
- VIP privilege in exchanging GBC for gold
In subsequent gold exchanges, platform users need VIP membership to obtain a service passcode to conduct transactions. GBC buyers who demand gold exchanges will lift the market value of GBC.
Aside from GBC value itself, customers participating in the ICO recognize the concept of the platform, and value its developing trend. Though the value of digital assets grows fast, and the profit is considerable, the market fluctuates, and the investment is of high risk. Therefore, stable value increase and preservation can hardly be realized. However, gold, as a precious metal, makes it possible due to its rareness.
On Bitglobal platform, users may obtain exclusive gold VIP membership through purchasing a certain amount of GBC. Using the exclusive identifying passcode, users may anonymously purchase gold with mainstream digital currencies, and enjoy gold deposit service and professional financial service. And the anonymous transactions on Bitglobal platform will guarantee the safety of personal information and assets.
Bitglobal management team has rich experience and hardware and software strength. Based on resources in gold and future trading, the platform will establish long term cooperative relationships with all major gold trading markets around the world, e.g. Hong Kong Gold Market, Switzerland Gold Market, and London Gold Market. In addition, Bitglobal has formed a strong software team to provide tech support to platform establishment, maintenance and user privacy.
Bitglobal will launch its trading function at 14:00, August 8, 2017 (Beijing time), when BTC, ETH, LTC and GBC transactions will start. And Bitglobal official APP will take effect on August 18, 2017. For more information, please visit https://www.bitglobal.com. （By Bitglobal ）
