CGCX TOKEN

in #ico6 years ago

CGCX attempts to make a reasonable and greater economy that can help the mass selection of digital currency. It has built up an exhaustive network of digital currency clients, including yet not restricted to organizations, new companies, dealers, clients, and shippers.

We offer a best in class, profoundly complex half and half stage. Not at all like most trades that offer just digital money exchanging, CGCX is exceptionally situating itself in the blockchain world by giving Crypto Exchange stage, ICO Listings, Merchant Solutions, Smart Contracts. CGCX means to scale to more noteworthy statures over the globe in the coming a long time with its arranged venture into different districts. 

The dispatch of our complex cutting edge half breed crypto stage first of its kind in Singapore is the initial phase in our worldwide pioneer in crypto trade and blockchain arrangements. As a major aspect of its push to give quality digital currency apparatuses, CGCX is making its own utility token. 

Referred to just as the CGCX Token, this coin can be openly traded through Ethereum. It can likewise be utilized for trades on the CGCX stage; clients who pay with them can win impressive rebates contrasted with those utilizing different types of cash. 

By discharging tokens in a pre-sale with a 20% reward, we hope to draw in a substantial pool of early financial specialists and construct a strong establishment for assist development. 

What CGCX Platform Entails

CGCX hopes to unique position itself in the crypto exchange market through the following four modules that will offer a more comprehensive range of services to its customers

  • Cryptocurrency exchange- the CGCX exchange will facilitate automated market making, a dynamic order book, matching engine, exchange adapter and matching logic.
  • ICO listing- CGCX provides for listing of potential tokens or ICOs set to unravel
  • Merchant Solutions- as a means of convenience to the typical traders, the CGCX Merchant solutions provide the necessary tools and resources such as currency conversion, KYC protocols, and analytics to formulate essential trading services
  • Smart Contracts- to enable automatic and transparent trading, CGCX provides for Smart Contracts to replace escrow settlements and assure proven reliability among the parties

How CGCX Singapore's Insured Cryptocurrency Exchange Works

As the main currency for the platform, CGCX token will aim to unify all transactional aspects through the following features:

  • Transferability- under the Ethereum platform, CGCX token holders will have free transfer options for their crypto investments
  • Multi-wallet support- CGCX token supports different models of Ethereum wallets
  • Ethereum based-with its foundation on the Ethereum blockchain, CGCX, will allow a secure and seamless payment settlement through the ERC20 protocol
  • Potential benefits of using the token
  • Instant arrangements that occur in real-time thanks to the instantaneous nature of blockchain
  • Discounts for CGCX users who transact utilizing the platform's token
  • Low transaction fees with attributes to the automated payments and reduced multiple transaction charges
  • Voting rights for CGCX token holders who get to decide on the ICO listing
  • Security and transparency of the transactions is assured under the CGCX platform

CGCX TOKEN

The CGCX Token is the integral part of the CGCX ecosystem. Tokens will be issued on the Ethereum blockchain using a Smart Contract. The platform maintains a total issuance volume of 2 Billion tokens. It is a decentralized cryptocurrency based on standard ERC 20 token protocol. 

The CGCX Token supports all Ethereum wallets and will be freely transferable on the Ethereum platform. CGCX Token is not a security token with equity rights but rather a utility token.

BENEFITS OF CGCX TOKEN

CGCX Tokens find extensive utility value inside our ecosystem. They can be used as a medium of exchange in our platform for Merchant transactions and in Smart Contract Applications. They can also be used to vote in the Alt Token listing.

Exchange platform users get discounts on fees on our platform while paying with CGCX tokens. With the ever expanding opportunities for utilization, the demand for CGCX token automatically gets enhanced, increasing the value of the token holders. 

Token Details

  • Ticker- CGCX
  • Accepts- ETH, BTC
  • Price rate- 1 ETH=8500 CGCX Tokens
  • Token supply- 1 Bln CGCX
  • ICO distribution- 50%
  • Hard Cap- 1 Billion CGCX Tokens
  • Soft Cap- 5 million USD
  • Minimum investment- 100 USD

Token Allocation

  • Public-50%
  • Marketing- 11%
  • Future (Research and development)- 19%
  • Vesting (Team)- 10%
  • Seed (Founders)- 10%

Funds Use

  • Team-15%
  • Marketing-20%
  • Product research and development-30%
  • Business development-15%
  • Operating capital-20%

FOR MORE DETAILED INFORMATION ABOUT CGCX , PLESE VISIT THE FOLLOWING:

BTT profile: https://bitcointalk.org/index.php?action=profile;u=1636284 

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