A Safe Place To Save Your Currency

About Globcoin

What is Globcoin?
Globcoin is platform who will enable the launch of customised currency baskets for a variety of uses. Where currency baskets are portfolios of selected currencies with different weightings. Currency baskets can prove to be the appropriate solution for a variety of needs, this is probably the reason for the growing trend from Central Banks to build up currency baskets and/or to peg the national currency to a basket which is usually not disclosed to the public.

Vision and Mission
Globcoin vision is to revolutionize the access of people to currencies, to reinvent for them solutions to protect their wealth in a new multi-polar world. Globcoin will provide the cryptocurrency community with the best solution to ensure not only wealth preservation of their portfolio in fiat currencies terms, but liquidity, stability and safety at a small cost. The Platform intends to provide flexibility to investors and allows them to express a view on a country or a group of currencies, or to hedge against the weakening of others.

Structure
The following Group Structure:
Reserve Currency solutions (RCS SA), was established in Zug, Switzerland in 2013 to create and develop managed currency products such as a Global Reserve Currency, an index that can be assimilated to a “World Currency”.
OptimInvest is a currency manager based in Geneva and is a regulated member of OARG (Organisme d’Autorégulation des Gérants de patrimoine).

GLOBCOIN Ltd, our London-based company, created in 2016, currently markets one of the first multicurrency e-wallets linked to a debit card providing interbank rate access to currency markets and free P2P transfers in most world currencies.

Globcoin will develop two Ether tokens:

GCP, A Utility Token that gives access to a platform where various currency baskets can be issued and traded, including but not limited to the World Reserve Currency (GLX)
GLX, a Token representing an exposure to the 15 largest fiat world currencies and Gold

The Barries

The use of the currency baskets is limited by several barries.

The barrier of size
Foreign exchange market is by structure reserved to large investments

The barrier of price
Only experienced currency managers will get liquidity and good pricing for buying and selling the currency pairs constituent of the basket.

The barrier of infrastructure
Buying and selling individual currency pairs (some of them being quoted by a very limited number of counterparts – for example certain fiat currencies) requires a dedicated infrastructure and a professional team.

Solution

Solutions offered by globcoin are a currency basket platform using blockchain technology. The GLOBCOIN Crypto Platform will launch a series of rules-based baskets tokenized on the Ethereum blockchain. The main reason why wasn’t offered this product before is that foreign exchange markets are dealing with a minimum size of several thousand units per currency. The revolution brought by Blockchain and particularly Ethereum now makes it now possible to build and distribute such a product, thanks to the use of smart contracts.

Target Users

Investors in need for a stable trusted and asset-backed Cryptocurrency
Token Sales or ICOs sponsors
Residents of countries with weakening currencies

The Token Sale

GCP token
Token name : GCP
GCP created per 1 Ether : 10,000
Minimum Ether to be collected : 1
Max Ether (the token sales ends if this cap is reached) : 12,000
Max Ether (the pre-sale ends if this cap is reached): 12,000
Max number of tokens generated to crowdsale participants : 204,000,000 or 40%
Max number of tokens generated for future business development, and market expansion : 204,000,000 or 40%
Max number of tokens generated to team, adviser and early backers : 102,000,000 or 20%
Max number of GCP generated : 510,000,000 or 100%

Token info
Token : GCP
Platform : Ethereum
Type : ERC20
Price in ICO : 10,000 GCP = 1 ETH

BONUS

Pre-sale 0 - 10,000 : 17,000 GCP PER ETH
0 - 3,000 : 13,000 GCP PER ETH
3,000 - 5,000 : 12,000 GCP PER ETH
5,000 - 7,500 : 11,000 GCP PER ETH
7,500 + : 10,000 GCP PER ETH
Tokens for sale : 170,000,000

Business Model

Market Strategy

The target client base is twofold:

The crypto currency community
Individuals who have an exposure to the volatility of currencies

Financial Projections

The price appreciation of GCP will be driven by the rate of adoption of the Platform and the success of each currency basket that are launched using the infrastructure.
The target market is twofold:

Cryptocurrency investors looking for a stable and asset-backed coin
National currencies holders wishing to diversify.

Globcoin make assumptions about what percentage of the market cap can be captured by solution like GLOBCOIN and apply our calculation of the value of the discount offered to the GCP holders, evaluated for simplification purpose at 1 %.

In the following table, Globcoin assume that it takes us 2 years to reach the current market cap of Tether.

The mission of GLOBCOIN Crypto Platform is to help people preserve their purchasing power in a globalized and multipolar world economy, capitalise on world market trends and provide a unique unit of exchange to be used by people for global P2P payments.