GLX - Class A Common Equity Token

The Cryptocurrency market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.
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With my research, I found this project in which I really put my faith: GLX. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.

GLX

GLX - Global Listing Exchange is building the world’s only Capital Market Directory & Social Finance Network at GLX.com. The destination is a global capital market news data portal and ground-breaking financial networking platform. The GLX platform will be developed as a blockchain based distributed network creating the world’s first Global Capital Market Computer. The GLX - DAppExchange (DappExchange.com) is GLX’s “decentralized appstore” where anyone can publish DApps that can be used in the GLX ecosystem. Global Listing Exchange describes itself as “the world’s only capital market directory and social finance network.” The website maintains a list of companies and groups from across the financial industry, including clearing firms, transfer agents, PR firms, exchanges, institutional investors, family offices, and more. You can sort through companies by category, continent, country, association, regulatory authorities, and more.

Features of the Platform

  • There are Class A and Class B GCs that can be used to pay for goods and services on the GLX platform. This is the exclusive payment protocol in the GLX ecosystem. A basic membership is currently priced at $1 USD per month. However, participants on GLX will be able to charge for blog posts and subscription services, among other products and services.
  • Class A GCs are available during the upcoming Global Listing Exchange ICO, and they’ll be exchange tradeable after launch. Class B GCs, however, are earned for loyalty and incentives provided by the platform, and they become freely tradeable 1 year from the date of issue.
  • The alpha release for GLX is available online today at GLX.com (the ICO website is ICO.GLX.com). At the alpha version of the site, you can view listed members by category or location. Categories include cryptocurrency exchanges, clearing firms, public companies, private companies, investment banks, accounting firms, and more. You can also sort based on associations and federations, regulatory authorities, countries and territories, and continents.
  • At GLX.com, you’ll find a directory of global capital organizations as well as news from the industry. Global Listing Exchange aims to change the way each and every member of the world’s capital markets connects, communicates, shares, and accesses information.
  • The website is powered by a token called the GLXCoin, or GC, which is an ERC20 compliant cryptocurrency built on the Ethereum blockchain. GC is a unit of measure and a medium of exchange.

Unique Team

The GLX team comprises of topnotch professionals in their domains. They have ambitious goals  which will enable them to set new standards for the Market. To achieve this goal a strong Team is built with all the necessary skills, talents and long-time experience needed for the project. Most of the team members on GLX have verified LinkedIn profiles. This is all good because the more transparency a company have in regard to their team, the more trustworthy they typically are.
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Token Details

The GLX Network Token (GLXT) is a new series of digital hybrid utility tokens. GLXTs function as the exclusive payment mechanism and membership access device for the GLX ecosystem to incentivize key actions and needs within the platform.
Token Name: GLXT
Total Supply: 10,000,000,000
The GLXCoin crowdsale begins with a pre-sale from December 25 to January 14, followed by the main ICO from January 15 to February 14, 2018.
A total of 50 million Class A GLXCs will be sold during the token sale at a price of $1 USD per token.
You can use GLXCoins to pay for various services on the network.
GLX is based on a microtransaction system. The whitepaper mentions the possibility of charging $0.03 to access and read a blog post, for example, or paying $0.05 per day to get real-time access to fast information about a particular security. GLX fees are set at $1 USD per month for a basic membership. Other GLX products and services have not yet been priced.

Conclusion

Global Listing Exchange (GLX) is a blockchain-powered Capital Market Directory and Social Finance Network. The destination is a global capital market news data portal and ground-breaking financial networking platform. GLX revolutionizes the way each and every member of the world’s capital markets connects, communicates, shares, and accesses information. The overall goal of Global Listing Exchange is to make the world’s capital markets more transparent, open, and connected.
NOTE: This article is just a guide to potential clients, stakeholders and everybody itching for a snip of this wonderful project. I am not a project team member or its representative but a supporter of this incredible project. The whitepaper will provide an in-depth and thorough analysis of this wonderful project. You can click on the link below and find out more about this wonderful project.
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Author
nugezmils

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