CGCX ICO Review

ABOUT CGCX PROJECT

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.

By unifying all transactional aspects, it makes buying and selling coins easier for the users. The state of the art features of the CGCX platform can withstand concurrent orders of more than 1 million per second and will ensure the security and stability for its users.

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.

Benefits of CGCX Token

PARTICIPATE IN CGCX EXCHANGE TRADING AND EARN DISCOUNTS
CGCX Tokens can be used to pay the transactions fee for the trades executed in the exchange and earn discounts up to 50% on the transaction fee. This discount is not available for others who do pay transaction fee with other currencies.

PARTICIPATE IN ICO VOTING IN CGCX ICO PLATFORM
Users in the CGCX platform can vote for multiple tokens listing using their CGCX Tokens . We plan to use 50% of tokens received in the voting fee for insurance costs to build further insurance protections against cyber-attacks.

YOUR PREFERRED MODE OF PAYMENT WITH MERCHANTS
User can get various products and services from the merchant partners at a discounted rate while paying with the CGCX Token. Merchants would be offered lower transaction fee when they accept CGCX tokens as mode of payments.

USE IN CGCX SMART CONTRACT PLATFORM
Our platform includes smart contracts, involving trade finance and other agreements in an automatic, secure and transparent way. CGCX tokens benefit users by providing utility to pay for transactional charges, making escrow and settlements for Smart Contracts.

CGCX Token ICO Details

The CGCX token sale features three stages, namely:

SAFT- the Simple Agreement for Future Tokens was open for venture capitalist looking for CGCX private sale. The sale event run from 1 March 2018 till 15 March 2018
Pre-Sale- with some 20% bonus users get to participate in this event from 1 May 2018 till 15 May 2018.
The main sale- the ICO sale event will feature from 1 June 2018 till 30th June 2018.

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.

Total quantity of 1 Billion CGCX tokens for sale representing 50% of the total issuance volume of 2 Billion at a price of 1 ETH = 8500 CGCX Tokens.

Core team

ANANDH SWAMI – CEO: A technocrat and veteran fund manager specialized in technical analysis with more than 25 years of experience in Markets
SUBRAMANYESWARA SARMA - CFO: Senior Finance Professional with 14 years experience in Corporate Finance and Investment Management.
DON ASOK - CTO: Specialist in Big Data eco-system strategy, collaboration and implementation.

Advisors

Conclusion

The world of cryptocurrency and its ability will change the way daily transactions occur. CGCX aims to provide the best service for end users in the field of blockchain solutions. At CGCX, we understand that ambiguity surrounding ambiguity is quite challenging for everyday people to understand.

We strive to meet market needs by ensuring that our trading experience with our exchanges is safe, simple and efficient for all, even those without technical background. CGCX will be a key player in the increasingly cryptocurrency world in traction.

Given the security features and functionality that we offer, CGCX has the potential to be a platform where customers, traders, enthusiasts, developers, businesses, startups, investors, merchants, and more will look for the services they need and more.

With a commitment to service quality, we offer our crypto hybrid platform; for our clients, fluid exchange to trade safely with peace of mind; for companies, a solid platform for listing their new token in our ecosystem where the crypto community is actively expanding; for merchants, blockchain solutions that will help them reach new customers and start receiving payments in cryptocurrencies; for companies and businesses, they will be able to explore new possibilities of settlement transactions using smart and more contracts to move forward.

To know more about CGCX please visit the following links:

Website : https://www.cgcx.io/
Whitepaper : https://cgcx.io/wp-content/uploads/2018/04/NEW-CGCX-Lightpaper.pdf
Ann Thread: https://bitcointalk.org/index.php?topic=3360185.0
Facebook : https://www.facebook.com/CGCXofficial/
Twitter : https://twitter.com/CGCXofficial
Telegram : https://t.me/cgcxofficial

My BTT: https://bitcointalk.org/index.php?action=profile;u=1636502