About CGCX?
CGCX is a high-availability exchange platform that offers a straightforward, user-friendly interface for both individual investors, as well as institutional traders. As a hybrid exchange, CGCX will offer both crypto-to-crypto in addition to fiat-to-crypto trading pairs. As part of our dedication to user experience we will offer 24/7 customer support, as well as merchant solutions for existing businesses to help them incorporate cryptocurrency and smart contracts into their current workflow. Moreover, to provide peace-of-mind to our users, on top of implementing strict security measures for our infrastructure, we will also channel some of our revenue towards obtaining insurance coverage that will provide financial protection for our users. CGCX endeavors to create a large, viable economy that can boost the mass adoption of cryptocurrency.
Key Features
Our front-end interfaces will be user-friendly for both new and professional traders. Typical exchange functions will be presented with intuitive visual feedback that is common to other prevailing exchange platforms. Our high-performance exchange platform is modular, lightweight and extendable. This ensures that we provide top-notch services for all our users while retaining our usability and productivity. Protocol interoperability is another key feature of our platform. We have an experienced team of developers that is available to support, maintain, and improve the exchange platform to ensure that we are always adaptable to new protocols, features, improvements, and upgrades.
CGCX Wallet
The CGCX Wallet is the multi-currency payment gateway inside the CGCX ecosystem. It allows users to exchange fiat money, cryptocurrencies, or virtual goods for any liquid assets available on the platforms.
- Multi-asset compatibility (any blockchain asset compatible with and accepted by the CGCX Wallet).
- Best available foreign exchange rate and transaction fees.
- Decentralized and secure storage.
- Items are stored on a blockchain-based-system
- Fraud and scams are prevented and belong to the past.
- This is insured against cyber attacks and hacking.
ICO Listing Platform
The CGCX hybrid platform not only allows our clients to trade with confidence in all cryptos, but also allows new alternate coin (altcoin) token issuers to list their tokens for trading. New tokens can be listed in our pool for voting. The CGCX team will perform due diligence reviews of the tokens seeking listing. Upon approval, tokens will be listed for voting amongst the users of our platform. Based on the voting results, the tokens may be listed on the CGCX platform. Users in the CGCX platform can use their CGCX Token(s) to vote for multiple tokens. We plan to use 50% of tokens received as voting fees for insurance costs to build further insurance protections. Newly listed alternate tokens would further be monitored on an ongoing basis and could be delisted any time if they don’t maintain listing eligibility based on criteria set by CGCX.
Merchant Platform
Our merchant platform allows users to engage with our merchant partners. Our platform can be integrated with a merchant’s existing Point-of-Sale (“POS”) and e-commerce system to accept crypto currencies as medium of exchange. Our data analysis engine will provide insights on customer behavior, spending patterns, and trend analysis so merchants can better position themselves to cater to the needs of their customers. The merchant tool and the payment gateway provide businesses with the perfect tool to manage cryptocurrencies. Merchants can start accepting payments in cryptocurrency in just a few minutes by plugging in the payment gateway (if the business operates online), or installing the CGCX POS application (a web-based and mobile app). After configuring the business’ online presence in our merchant list, the merchant can start promoting their products and services to thousands of cryptocurrency users from all over the globe.
Smart Contract Platform
Current contract systems are largely paper-based, and therefore vulnerable to inefficiency, fraud and high transactional costs. When a traders ships goods, he receives a paper bill of lading. In order to obtain trade finance, for example through a letter of credit, this bill of lading has to be sent by courier to his bank and go through many checks and balances that are manually managed in the system. This process is relatively slow, which creates a need for efficient system that is digitized like blockchain. Our platform has the ability to program smart contracts, which can execute payments automatically without human intervention. All tradable assets that can be represented via a digital token and publicly traded can be used in these smart contracts, subject to regulatory requirements. Each of our smart contracts will be written by experienced solidity developers, and, as an additional security measure, they will also be reviewed by professional Ethereum whitehat teams before deployment.
CGCX Token Sale
We are launching our own CGCX Tokens, issued on the Ethereum blockchain using a Smart Contract. It is a decentralized cryptocurrency issued on the basis of Ethereum and is standard ERC 20 token based on the Ethereum blockchain. The CGCX Token supports all Ethereum wallets and will be freely transferable on the Ethereum platform. We are offering a total quantity of 1 Billion CGCX tokens representing 50% of the total issuance volume of 2 Billion at a price of 1 ETH = 8500 CGCX Tokens. Our platform, which is in advanced stages of testing, would be launched for beta live trading on June 1st, 2018 and exchange trading for general public would be launched on July 1st, 2018. The proceeds of the token sales are mainly used for the enhancement of our hybrid platform, with further modules to offer additional blockchain solutions. The funds would also be used for the planned expansion into other regions as detailed in our roadmap.
Token Allocation
Token Name: CGCX Token Token Symbol: CGX
Token Type: ERC20
Max Supply of Tokens: 2,000,000,000 CGX
Token Sale Target: 1,000,000,000 CGX
1 ETH: 8500 CGX
Soft Cap: 5 Million USD
Hard Cap in Token: 1,000,000,000 CGX
SAFT: 47,600,000 CGX
Pre-Sale & Main Sale: 9,52,400,000 CGX
Mode of payment: ETH/BTC — Bank Wire Transfer
Roadmap
For more information, visit the link below :
Website : https://www.cgcx.io/
Whitepaper : https://www.cgcx.io/wp-content/uploads/2018/04/23-april-2018-CGCX-Lightpaper-new.pdf
Facebook : https://www.facebook.com/CGCXoffical/
Twitter : https://twitter.com/CGCXoffical
Telegram : https://t.me/cgcxofficial
Linkedin : https://www.linkedin.com/company/cgcx/
ANN : https://bitcointalk.org/index.php?topic=3360185.0
My Profile : https://bitcointalk.org/index.php?action=profile;u=1273236