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Topic: [ANN] [ICO] [PRIVATE & PUBLIC SALE] [GBE] Godbex ICO is live on 24th Sept 2018! (Read 405 times)

newbie
Activity: 42
Merit: 0
Hey the going guys and welcome to Cryptolaboratory ICO rating list!
Our experts analyzed the ratings of 14 world rating agencies and on its base calculated the weighted average of the project.
Your rating is 68.71 of 100.
Full information you can see in the description of Godbex (GBE).
Just look us, comment on us and follow us on social networks.
Thank you for your attention!

|Cryptolaboratory team|
copper member
Activity: 217
Merit: 0
Godbex project has been added to blockchain BASE.INFO

copper member
Activity: 10
Merit: 0
Digital Bank for the blockchain era with 24/7 live support


Not only that blockchain will change the world — is the first ever technology that has huge potential for humanity. According to McKinsey, blockchain will reach its full potential in 5 years
and from the banking industry perspective,  90% of American and European banks are exploring blockchain, according to PricewaterhouseCoopers.
In addition to traditional banking products (account opening, globally accepted IBAN, using debit cards, deposits and withdrawals),
GODBEX Digital Bank will enable customers to use all the assets that are associated with their account: fiat currency, cryptocurrency and gold bullion.

copper member
Activity: 10
Merit: 0
It’s just a matter of time when gold as a ‘safe haven’ will take the lead again


Gold typically does well in times of market turmoil, therefore concerning the current economic and geopolitical circumstances (trading tensions between US and China,
low interest rates and inflation, massive debt, migration issues in Europe and Venezuela etc.) investors should expect gold price to rise.

Comparing cryptocurrency volatility with gold volatility there are minor price changes and addressing the vision of GODBEX there is no better ‘fusion’,
where traders from either gold or crypto side will be able to change the positions from crypto to gold and vice versa at a single exchange platform.

copper member
Activity: 10
Merit: 0
Which mints you are refereeing to when you say "world’s leading mints", do you have any partnership established? As per my knowledge, you cannot come to mint and buy 100kg Gold bars just like that
From Whitepaper i see that you have 2 different gold markets, how do you plan to organize price on both markets, it will be the same on both for 1 troy oz?

Just like you said, not everyone can buy gold directly from the mint. There are certain requirements, procedures and strict rules to become mint's partner. Company Moro & Kunst Ltd. succeeded to establish such partnerships long ago with Argor Heraeus and PAMP from Switzerland and Austrian Mint from Vienna. Godbex will be included in these partnerships and will add some new ones in other regions as demand grows. Therefore, we will be able to deliver the fast unlimited amount of gold bars with the highest quality.

The two modules, Gold Bullion Trading and Exchange, will operate independently, so the price of one Troy ounce will be formatted differently. Within Gold Exchange module users will be able to buy and sell gold bars from 1 to 5.000 grams. Prices will be formed on the basis of the current price of gold in the spot market and the trading margin. In the Exchange module, only one Troy ounce gold bars will be tradable and the price will be determined by the exchange market only (bid/ask principle).

So if i understand good, users will be able to withdraw gold bullions from exchange too, Troy ounce gold bars? Example if i put 1 BTC and transfer through GBE to gold pair, then in 2 months i have 20 ounces. Am i able withdraw those 20 ounces from the exchange in a physical way?

Yes, all verified users will be able to transfer theirs value from cryptocurrency to gold bullions and vice versa using GBE token as a bridge. For example, if your account on Godbex platform has a balance of 1 BTC, you can convert value of 1 BTC into corresponding number of ounces via GBE token, based on the trading rate in the time of transaction. Afterwards, after buying gold bars, user will have two main options: gold delivery or vault deposit. Namely, Godbex user can order a fast and guaranteed delivery straightforward at his home address, where the gold delivery will be performed by FedEx in a few business days, or, store the purchased gold bars in our Vault. Secured storage will be managed by our partner Loomis International in USA, Switzerland and Hong Kong. Storage content will be audited and checked by an external auditor on a monthly basis.

Moreover, both cryptocurrencies and gold bullions will be tradable on our platform, so you will have chance to increase your wealth.
newbie
Activity: 67
Merit: 0
Which mints you are refereeing to when you say "world’s leading mints", do you have any partnership established? As per my knowledge, you cannot come to mint and buy 100kg Gold bars just like that
From Whitepaper i see that you have 2 different gold markets, how do you plan to organize price on both markets, it will be the same on both for 1 troy oz?

Just like you said, not everyone can buy gold directly from the mint. There are certain requirements, procedures and strict rules to become mint's partner. Company Moro & Kunst Ltd. succeeded to establish such partnerships long ago with Argor Heraeus and PAMP from Switzerland and Austrian Mint from Vienna. Godbex will be included in these partnerships and will add some new ones in other regions as demand grows. Therefore, we will be able to deliver the fast unlimited amount of gold bars with the highest quality.

The two modules, Gold Bullion Trading and Exchange, will operate independently, so the price of one Troy ounce will be formatted differently. Within Gold Exchange module users will be able to buy and sell gold bars from 1 to 5.000 grams. Prices will be formed on the basis of the current price of gold in the spot market and the trading margin. In the Exchange module, only one Troy ounce gold bars will be tradable and the price will be determined by the exchange market only (bid/ask principle).

So if i understand good, users will be able to withdraw gold bullions from exchange too, Troy ounce gold bars? Example if i put 1 BTC and transfer through GBE to gold pair, then in 2 months i have 20 ounces. Am i able withdraw those 20 ounces from the exchange in a physical way?
copper member
Activity: 10
Merit: 0
the price of coins is expensive and softcap is very brave, this project has a very good work program, so hopefully softcap is achieved, it is possible that the hardcap can be achieved too, it can make this project very large
Thanks for your support, we will do our best to meet your expectations and make this project big and successful. When talking about softcap and hardcap, we need to take a closer look to the structure of the whole project. Our platform actually consists of 4 projects (modules): Gold Bullion Market Module, Exchange, Digital Bank Module, Digital Assets Management Module. For example, just a process of achieving Digital Bank License is very costly (for more details, check budget allocation in whitepaper). Therefore, our softcap and hardcap are carefully chosen, in order to reflect all financial assets needed to successfully bring this project to the stated goal.
copper member
Activity: 10
Merit: 0
Which mints you are refereeing to when you say "world’s leading mints", do you have any partnership established? As per my knowledge you cannot come to mint and buy 100kg Gold bars just like that
From Whitepaper i see that you have 2 different gold markets, how do you plan organize price on both markets, it will be same on both for 1 troy oz?

Just like you said, not everyone can buy gold directly from mint. There are certain requirements, procedures and strict rules to become mint's partner. Company Moro & Kunst Ltd. succeeded to establish such partnerships long ago with Argor Heraeus and PAMP from Switzerland and Austrian Mint from Vienna. Godbex will be included in these partnerships and will add some new ones in other regions as demand grows. Therefore, we will be able to deliver fast unlimited amount of gold bars with the highest quality.

The two modules, Gold Bullion Trading and Exchange, will operate independently, so the price of one Troy ounce will be formated differently. Within Gold Exchange module users will be able to buy and sell gold bars from 1 to 5.000 grams. Prices will be formed on the basis of current price of gold in spot market and the trading margin. In the Exchange module only one Troy ounce gold bars will be tradable and the price will be determined by exchange market only (bid/ask principle).
newbie
Activity: 154
Merit: 0
the price of coins is expensive and softcap is very brave, this project has a very good work program, so hopefully softcap is achieved, it is possible that the hardcap can be achieved too, it can make this project very large
newbie
Activity: 67
Merit: 0
Which mints you are refereeing to when you say "world’s leading mints", do you have any partnership established? As per my knowledge you cannot come to mint and buy 100kg Gold bars just like that
From Whitepaper i see that you have 2 different gold markets, how do you plan organize price on both markets, it will be same on both for 1 troy oz?
copper member
Activity: 10
Merit: 0
What is special with your exchange model, as you say Next-generation exchange, Bitstamp has gold bullion's available for withdrawal from 2015-2016, so it isn't anything new???
How do you plan handle legal compliance as you are planning open digital bank? You need payment institution license, Coinbase acquired license not long ago

They need to acquire first those legal documents before anything else. So many projects have tried and attempted to lure users with the use of gold, but sad to say, most of them are scammers. We will see how will this project provide all the necessary legalities here. Else, this is just another crap one.

Yes, exactly same thought, There was several project who had gold in their subjects, but i didn't remember any of them made something worth mentioning.
I didn't have time yet to check their whitepaper in details, but from that initial post, what makes me curious, how they plan bring gold pair with crypto?


What is special with your exchange model, as you say Next-generation exchange, Bitstamp has gold bullion's available for withdrawal from 2015-2016, so it isn't anything new???
How do you plan handle legal compliance as you are planning open digital bank? You need payment institution license, Coinbase acquired license not long ago
In cooperation with company Moro&Kunst Ltd. (whose representatives are part of Godbex team), Bitstamp was the first cryptocurrency exchange to offer the option of gold withdrawal, that was in late 2015. Godbex Exchange Module will not only enable gold purchase (withdrawal) but also a fast, cost efficient and easy position change between cryptocurrency and gold bars. Godbex exchange will introduce trading pair crypto/gold (one Troy ounce). Our partner Ceferin Law Firm is already preparing the necessary documentation for obtaining the digital bank license.

Offering gold at the free market, mean that everyone can buy, then it comes question..
I would like hear more on this, who would supply your gold reserves?

All Godbex users will have the possibility to buy / trade one Troy ounce gold bars (31.1035 g of pure gold) using GBE token as a bridge between crypto and gold. Each Troy ounce of gold will be backed by real Troy ounce gold bar, produced by certified refiners listed on Good Delivery list, issued by London Bullion Market Association. Good Delivery standard is the most reputable quality standard of gold in the market. Good Delivery bars have unique serial numbers, so that ownership of gold bars is transparent. Gold bars can be deposited in Godbex vaults (storage content will be fully insured and audited on a monthly basis) or delivered to user’s home address. These gold bars will be supplied by our long-term partners, world’s leading mints. Company Moro&Kunst Ltd. has been successfully cooperating with the mints for the last two decades, promoting the unique and traditional role of gold and supplying certified gold bars with the highest quality to individuals and companies.
copper member
Activity: 10
Merit: 0
What is special with your exchange model, as you say Next-generation exchange, Bitstamp has gold bullion's available for withdrawal from 2015-2016, so it isn't anything new???
How do you plan handle legal compliance as you are planning open digital bank? You need payment institution license, Coinbase acquired license not long ago

They need to acquire first those legal documents before anything else. So many projects have tried and attempted to lure users with the use of gold, but sad to say, most of them are scammers. We will see how will this project provide all the necessary legalities here. Else, this is just another crap one.

Ceferin Law firm, whose representatives are part of Godbex team, have started preparing all necessary legal documents for obtaining the license for Godbex Digital Bank. Therefore, we are fully prepared and once the soft cap is reached the process of obtaining digital bank license will run effectively. According to our road map, the license will be obtained in a few months.
newbie
Activity: 67
Merit: 0
What is special with your exchange model, as you say Next-generation exchange, Bitstamp has gold bullion's available for withdrawal from 2015-2016, so it isn't anything new???
How do you plan handle legal compliance as you are planning open digital bank? You need payment institution license, Coinbase acquired license not long ago

They need to acquire first those legal documents before anything else. So many projects have tried and attempted to lure users with the use of gold, but sad to say, most of them are scammers. We will see how will this project provide all the necessary legalities here. Else, this is just another crap one.

Yes, exactly same thought, There was several project who had gold in their subjects, but i didn't remember any of them made something worth mentioning.
I didn't have time yet to check their whitepaper in details, but from that initial post, what makes me curious, how they plan bring gold pair with crypto?


What is special with your exchange model, as you say Next-generation exchange, Bitstamp has gold bullion's available for withdrawal from 2015-2016, so it isn't anything new???
How do you plan handle legal compliance as you are planning open digital bank? You need payment institution license, Coinbase acquired license not long ago
In cooperation with company Moro&Kunst Ltd. (whose representatives are part of Godbex team), Bitstamp was the first cryptocurrency exchange to offer the option of gold withdrawal, that was in late 2015. Godbex Exchange Module will not only enable gold purchase (withdrawal) but also a fast, cost efficient and easy position change between cryptocurrency and gold bars. Godbex exchange will introduce trading pair crypto/gold (one Troy ounce). Our partner Ceferin Law Firm is already preparing the necessary documentation for obtaining the digital bank license.

Offering gold at the free market, mean that everyone can buy, then it comes question..
I would like hear more on this, who would supply your gold reserves?
copper member
Activity: 10
Merit: 0
What is special with your exchange model, as you say Next-generation exchange, Bitstamp has gold bullion's available for withdrawal from 2015-2016, so it isn't anything new???
How do you plan handle legal compliance as you are planning open digital bank? You need payment institution license, Coinbase acquired license not long ago
In cooperation with company Moro&Kunst Ltd. (whose representatives are part of Godbex team), Bitstamp was the first cryptocurrency exchange to offer the option of gold withdrawal, that was in late 2015. Godbex Exchange Module will not only enable gold purchase (withdrawal) but also a fast, cost efficient and easy position change between cryptocurrency and gold bars. Godbex exchange will introduce trading pair crypto/gold (one Troy ounce). Our partner Ceferin Law Firm is already preparing the necessary documentation for obtaining the digital bank license.
sr. member
Activity: 1988
Merit: 275
What is special with your exchange model, as you say Next-generation exchange, Bitstamp has gold bullion's available for withdrawal from 2015-2016, so it isn't anything new???
How do you plan handle legal compliance as you are planning open digital bank? You need payment institution license, Coinbase acquired license not long ago

They need to acquire first those legal documents before anything else. So many projects have tried and attempted to lure users with the use of gold, but sad to say, most of them are scammers. We will see how will this project provide all the necessary legalities here. Else, this is just another crap one.
newbie
Activity: 67
Merit: 0
What is special with your exchange model, as you say Next-generation exchange, Bitstamp has gold bullion's available for withdrawal from 2015-2016, so it isn't anything new???
How do you plan handle legal compliance as you are planning open digital bank? You need payment institution license, Coinbase acquired license not long ago
copper member
Activity: 10
Merit: 0
You write that your platform is designed to trade gold bullion. And how much is it legal? Gold, as far as I know, is under the supervision of the state.
Most commonly gold is used for portfolio diversification by private investors, organizations and also by central banks. State authorities keep record on (monetary) gold owned by central banks. Meanwhile, trading gold bullion on Godbex platform will be licensed and in accordance with international legislation, rules and quality controls.
full member
Activity: 560
Merit: 128
You write that your platform is designed to trade gold bullion. And how much is it legal? Gold, as far as I know, is under the supervision of the state.
member
Activity: 153
Merit: 10
Bitcointalk forum mod already change the forum rule, now you can not post any photo if you are a newbie, only one way to you to post a photo is become a copper member.
So, some your photo link will not show. I think it will be better if you are a copper member.
copper member
Activity: 322
Merit: 0
RESERVED for HINDI translaion....

helloo admin.... can i translate ANN page / WHITE paper  to HINDI(INDIA) language ??

here is my portfolio.....
https://drive.google.com/drive/folders/1TTRWTdF-VC71_TgP4dcsy6wH4BoL9cxB

waiting for your confirmation..... thank you....
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