Introduction
The human being has basic needs, which if satisfied, draws more needs and wants which never stops in a single life. The people living on the top of the wealth table are going to distribute their wealth to the people at the bottom of the scale, Only If this was true. But, that never happens directly. Though, Indirectly, countries plan their budget something like that where super rich are taxed more than average population thereby taking more from the people having more, and distributing equally among the general population.
The investment funds, wealth management funds and banks are part of the group who happens to be at the forefront of this cycle of financial management. The introduction of the different tools to manage wealth creates opportunities for people to effectively utilise their wealth to maximize their returns. Cryptocurrency has become the latest investment tool for many people in the world as evident from the market capitalisation of the many cryptocurrencies. We need a proper platform for the management of the crypto funds. The financial instrument is lacking in the nascent industry of cryptocurrency. We need tools to manage our cryptocurrency in a more efficient way possible.
Solution offered
GLOBCOIN is offering a currency basket model platform based on the blockchain technology which will help in the diversification and management of our crypto wealth. A currency basket is a group of currencies in a separate portfolio according to their weightings.
The purpose of the basket determines the kind of currencies to be put into the basket. Many examples exist in the current market such as special drawing rights at the IMF, Yuan issued by Chinese national bank etc. GLX is the Product available in the market which has seen the exceptional response from the public.
ICO INFORMATION AND TEAM
To build the platform of wealth management, people have to support them. The total tokens created by the team is 100,000,000 in which 37.8% will be used for the ICO. One ETH is equal to the 10,000 GCP.
The Token sale will start from 12th February 2018 and continue until 27th March 2018. The funds will be utilised for the development and expansion of the project. The team working on the project has years of experience in the banking and wealth management.
Conclusion
We can't believe in the simple equation of government finding ways to tax whereas people finding ways to save their tax. But, that is not so simple. Wealth management is a complex yet most discussed topic, and everyone seems to be expert on it. We have friends and family who have their own advice as well as experts who have their own biases and theories. Wealth management is a complex exercise given the number of tools available in the market. The cryptocurrency has currently too much volatility which has stopped traditional investors to be part of its meteoric growth.
With the introduction of the currency basket, a portfolio of stable and transparent currencies can be created to reduce volatility in the cryptocurrency. People looking for stability and growth in the crypto wealth are going to like the platform. I think it is the right time for the GLOBCOIN to launch their application which will help investors diversify and secure their crypto wealth. They will also launch GLOBCOIN Multi-currency Platinum Master card in European countries and office branches in Asia, Europe and America.
To know more visit:
Website : https://globcoin.io/
Whitepaper : https://globcoin.io/assets/whitepaper-GCP-v2.0.pdf
Published By: Kishan748
Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1027561