CGCX -First Hybrid Crypto Platform In Singapore!
CGCX https://www.cgcx.io/ is a trading platform that includes several solutions for users. Recently, we increasingly notice that crypto exchanges appear one after another. Their platforms are offered by both conglomerate companies and individual teams. Let's try to understand what is the difference between CGCX and other trading services, and whether to buy a project token on the ICO.
CGCX a new hybrid platform, focusing on several key areas:
- Crypto exchange. It is a classic interface of the exchange for the trading of cryptocurrency and fiat money. The main difference here is a kind of loyalty program. You can get a discount for transactions up to 50%. The bonus will also be available to the holders of the internal CGCX token.
- Payment system. Rather, a separate marketplace, where there are sellers and buyers of various goods. For transactions in the basic cryptocurrency will also be accrued discounts. For example, in the case where the seller adds a payment method to CGCX for buyers.
- ICO platform. Includes support for voting for the listing of new tokens. This procedure is already included in the work of a number of exchanges, and it works quite successfully. (The result is that you can bargain with a token that you want, if enough people voted for it).
- Smart contracts. Used to digitize agreements, various contracts, which are then entered in a blockchain. You can register a smart contract by simply switching between the CGCX services, "without leaving the cash register".
If you look at the market of crypto exchange exchanges, it turns out to be fairly homogeneous. Despite the appearance of original solutions, in the form of smaller but "agile" platforms, most users tend to interact with established "giants".
Such large platforms, to date, are Binance, OKEx, Bittrex, BitMEX, Bitfinex, Huobi, etc. But, even if there are any problems with the known exchange, users do not hurry to refuse to work with them. At least, we see the CGCX https://www.cgcx.io/ proposal: to do what others have not done, to solve the problems inherent in other similar projects.
Perhaps, at this particular moment the market needs more variety. As a personal vision, we can say that if the new hybrid-exchange does not yield to the "well-known" competitors by technical characteristics, then its chances are unequivocally high.
Add to this a few additional (hybrid) solutions (as CGCX does), and the result will be stunning. Thus, the conditions for the project to "skyrocket" a little, but they are so difficult to implement that it can completely level the carte blanche of the promising idea. Therefore, the risks are quite high.
We also recommend that you analyze LinkedIn (the first post 2 months ago) of the participants, view the company registration information (Calfin Fintex Pte. Ltd.), before making a final decision.
CGCX https://www.cgcx.io/ launched the main stage of sales (ICO) from June 1, the main session will last until July 30. Pre-sail: completed, from May 1, 2018 to May 25, 2018. Already received: 8,809,328.