GIGZI - Independent Wealth Management
PRESENTATION
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Gigzi, a financial platform which utilizes an innovative approach to blockchain based investment tools and cryptocurrencies to create a decentralized global currency which is regulated by Smart Contract has arrived.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is GIGZI?
Gigzi is a financial platform which utilizes an innovative approach to blockchain based investment tools and cryptocurrencies to create a decentralized global currency which is regulated by Smart Contract. There are many financial platforms which utilize cryptocurrencies but, Gigzi is the only one which provides an investment ecosystem where users would be able to protect their wealth in relative constancy of precious metals. In addition to the wealth protection, precious metals provide a constant growth in relation to the value of the precious metal itself.
The Vision
Gigzi's vision is defined by the wish that users become integrated into the financial ecosystem and that they will use all applications to preserve wealth, manage investment, and buy goods and services. Gizgi stipulates an ecosystem in which users can safely trade cryptocurrency, and their wealth is protected in precious metals. It is a new and innovative system on the blockchain market.
The Problem
Hyper-volatility of Cryptocurrency
There is a great deal of volatility in the cryptocurrency space because of its’ infancy. As a result of this volatility, some investors gain high returns but some of them are not lucky or educated enough so they lose their investments with lack of investment options which provide stability.
Account Vulnerability
Since it is the wealth of the user which cryptocurrency wallets and cryptocurrency exchanges keep they need a high level of security implemented for safety of the funds. Therefore, user accounts are protected by a public key which is paired with private key. The private key, which is a randomly generated set of numbers and characters, decrypts and grants access to the account. Since private keys are so long that it is impossible to memorize and they are frequently used, they are often used by ‘copy and paste’ actions, which makes it extremely vulnerable to interception by Trojans, Spyware and Malware.
The Uncertainty and Instability of Wealth Invested in Cryptocurrency
Everyone might have heard about 100x and even more than 200x returns on investing in cryptocurrencies. It is not rare that people have earned a lot of money investing in cryptocurrencies. On the other hand, there were flash crashes and devaluation of the cryptocurrencies depending on the FUD and news published. These events might easily bring huge losses within minutes and there is no way to avoid them.
The Solutions
Stability
There will be three Gigzi Metal crypt-assets; Gigzi Platinum (GZP), Gold (GZG) and Silver (GZS) which are pegged to the price of precious metals. This will enable them to be priced and traded in relation to a measure. The price of precious metals is globally consistent, reliable and relatively stable. Pegging the price of these crypto-assets to the corresponding metal brings the stability needed. This will also enable them to be used as a payment for goods and services.
Security
Gigzi Wallet is secured by iris recognition technology to be used as private key. Gigzi Wallet will be accessible by Gigzi Iris which is a state-of-the-art biometric device that will be manufactured by the worlds’ leading iris security technology provider IriTech. Its algorithm was the highest ranked security technology according to the US governments’ NIST IREX test. IriTech iris recognition is currently used by many US Governmental Institutions and international non-governmental organizations. This innovative product will implement a higher level of security to the wallet which no wallet has at the moment. Main benefit of this technology will be to prevent loss of funds which would be caused by compromised private keys.
Wealth Protection
Gigzi Ecosystem enables users to trade and hold Gigzi crypto-assets as well as other cryptocurrencies. It would be possible to exchange to or from the Gigzi crypto-assets into any cryptocurrency or fiat. These unique features will provide users to convert their assets into Gigzi Metals in order to prevent loss of value in a flash crash or FUD coincidence.
The Gigzi Ecosystem
The Gigzi ecosystem is made up of crypto-assets like Gigzi Black (GZB), Gigzi Metal, buying Gigzi Platinum, Gold (GZG) and Silver (GZS) - which are supported by three core applications; a Secure Wallet Irish Recognition Technology, an Exchange and a Treasury.
Gigzi Black (GZB) It's special in her Gold Reward program, through which users who keep Gigzi Black at the end of a reward cycle are paid with cryptocurrency Gold Gigzi.
Gigzi Metal is equal to 1 gram of its precious metal. Gigzi's precious metal tokens provide users with a certainty to invest their wealth on the blockchain, but also allow users to cover and limit exposure to volatility on the cryptocurrency market. Perth Mint was chosen to offer the precious metal that supports Gigzi Metal crypto-assets.
How It Works?
The use of a decentralized crypto asset peer to peer network creates a conducive atmosphere for independent wealth creation with the help of some applications which are: wallet, exchange and treasury.
Stability is being improved by gigzi by harnessing the use of several metals and this is done to provide a reliable atmosphere in terms of the fluctuating market system.
The insecurity system is also reduced by the use of an iris recognized system technology which monitors the activities of several accounts.
There is a consistent wealth flow in the system by the use of crypto assets which can be redeemable at any point of time.
The Features
Wallet
The Gigzi Wallet application supports major electronic payments and allows users to easily manage funds stored on the blockchain. This wallet ensures unparalleled account security thanks to IriTech's iris recognition technology, which allows users to be confident in their operating safety and savings.
Exchange
Due to the presence of a private exchange, the system Gigzi will allow all users to quickly spend the cryptocurrency exchanges of assets with Fiat and Vice versa. Also, for users, due to the integration of API exchanges, the function of transferring cryptocurrencies from one exchange to another will be available. The same will apply to traditional Fiat exchanges. This principle allows not to be limited to one exchange, but to interact with a wide range of partners.
Treasury
The Gigzi system intends to back up each of its coins with precious metal from this and there will be a further classification of coins: GZP (Platinum), GZG (Gold) and GZS (Silver). Each time when there will be a purchase of a coin, it will be supported by 1 gram of metal. When the cycle of the transaction will occur in the opposite direction and will be the redemption of precious metals, the system will immediately be the destruction of the crypto-asset. This principle will allow you to quickly exchange Gigzi Black for Gigzi Metals and convert your assets into a more stable market of precious metals.
Token & ICO Details
Gigzi will have its own token named GZB, it will be ERC20 type and it will work on ethereum platform.
Token Details
Token: GZB
PreICO Price: 1 GZB = 0.0025 ETH
Price: 1 GZB = 0.0025 ETH
Bonus: Available
Bounty: Available
MVP/Prototype: Available
Platform: Ethereum
Accepting: ETH
Soft cap: 7,000,000 USD
Hard cap: 24,000,000 USD
Country: UK
Whitelist/KYC: None
Restricted areas: None
Asset Allocation
ROADMAP
MEET THE AMAZING CORE TEAM
ADVISORS
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
WEBSITE: https://www.gigzi.com
WHITEPAPER: https://gigzi.com/whitepaper
ANN THREAD: https://bitcointalk.org/index.php?topic=5047392.0
TELEGRAM: https://t.me/gigzi
TELEGRAM: https://t.me/gigzicommunity
FACEBOOK: https://www.facebook.com/gigziofficial
TWITTER: https://twitter.com/gigziofficial
LINKEDIN: https://www.linkedin.com/company/gigzi/
MEDIUM: https://medium.com/@gigzi
DISCORD: https://discordapp.com/invite/d9hjwSz
GITHUB: https://github.com/Gigzi
Author: Cryptoholical
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.