Topic: [ENDED]GBX-The Crypto Harbour.Gibraltar-based Crypto Exchange&Token Platform - page 17. (Read 42367 times)

Hi! Yes the current circulation supply is lower and this has been discussed many times on bitcointalk and telegram Here is an answer from the GBX team: t.me/GBXCommunity/80171

As I see coinmarketcap showing GBX Digital Asset Exchange volume 
And not only by RKT pair but all other traded currencies there. Seems volume quite good for new exchange ($16 391 717 USD for last 24h).

But why you still not contacted with Coinmarketcap about correct circulatin supply tokens? If this true, that in circulating only 350 mln tokens you must contact them about this issue.

The GSX Group Blockchain Innovation Centre’s Blockchain Educational Workshop has been a huge success in Gibraltar today, in collaboration with the University of Gibraltar and London Blockchain Labs.

Over 100 people attended the event to understand more about blockchain technology, smart contracts, use cases, regulations around the world and so much more.

Dear GBX users,

We would like to inform you that the listing of Maecenas ART Token on GBX-DAX has been rescheduled to November 21st 08:00 UTC.

Dear GBX users,

From the 19th of November 14:00:00 UTC to 20th of November 14:00:00 UTC, the deposits and withdrawals of all tokens will be suspended temporarily as we continue our new wallet upgrade. During this time, however, all tokens will continue trading as usual.
This wallet upgrade is part of our continued efforts to deliver the world-leading, institutional-grade GBX Digital Asset Exchange (GBX-DAX) including improved performance and security.

Please check page 33 of the whitepaper. Actually GBX have a token staking model that allows for a reduction in trading fees. The only thing that the team will not be doing is token burning

I have read the plans for the development of GBX, but I do not quite understand what bonuses will rkt token holders have after the introduction of all these ideas?

GBX and #STACS vision is innovative and forward looking. GBX is prepared for the future Of Digital Asset Securities Issuance And Trading!

https://www.sec.gov/news/public-statement/digital-asset-securites-issuuance-and-trading

The STACS Protocol and what it means for RKT holders
 
Dear Rock Token holders,
 
I am writing to you to brief you on an important development which will affect all Rock Token holders. This update covers the following:
 
- The development of the GSX as a tokenised securities exchange.

- The development of the underlying technology we have named the STACS Protocol.

- The strategy to offer STACS as a global network of exchanges, broker-dealers, investment banks, and financial institutions.

- The implications for RKT holders.
 
The GSX Group has been working hard to expand its ecosystem to further develop and maximise the use of RKT. As described in our original RKT white paper, we saw the ecosystem expanding via a phased approach which can be summarised as follows:
 
Phase 1 -
Build the GBX as a licensed and regulated token sale platform and secondary cryptocurrency exchange which provides a multi fiat-crypto marketplace, whereby primary and secondary tokens can be traded in a trusted environment. Despite challenges along the way, including having to change our technology solution, we have managed to hit our milestones. Both the GRID and the DAX are open. All listing and sponsor fees are payable in RKT. We also offer benefits to holders including reduced trading fees and referral program rewards.
 
Phase 2 -
Build the GSX as one of the world’s first tokenised securities exchanges providing a digital platform for Security Tokens to be launched and traded. As a Stock Exchange, we see incredible opportunities to disrupt the existing traditional securities processes, thus reducing the speed and cost of capital and opening up markets to a whole new universe of investors. RKT is also going to be used to pay fees within the GSX.
 
Phase 3 -
Build out the rest of the GSX Group to provide our client base with ongoing solutions. We have successfully acquired two services companies, positioning Juno Services as the largest fund administration company in Gibraltar. We have seen a rapidly growing client base choosing Juno to provide fund admin services, particularly crypto funds, where we can also facilitate banking relationships here in Gibraltar. In addition to Juno, we are also close to completing an acquisition of a UK-licensed dealer-broker which provides FX (Foreign Exchange), derivative, and CFD services.
 
To explain Phase 2 in more detail, as we looked at the underlying technology that would facilitate the move to a digital securities exchange, we had originally considered a private chain which the GSX would have used as its own, to allow buyers and sellers to trade digital securities.

However, we considered this highly restrictive for our clients’ access to liquidity and essentially we would simply be building a new legacy system to replace our old legacy system.

We also discovered, through extensive discussions, that a large number of exchanges, investment banks, broker-dealers, and asset managers were all wrestling with the same question. The general consensus was that the public ledgers have some way to go to be fit for purpose and that there was no single solution that could deliver the complexity of digital securities trading and settlement.
 
Therefore, the GSX Group came up with the vision of the STACS Protocol - the Securities Trading Asset Classification Settlement Protocol - which is being developed by our new joint venture, Hashstacs Inc..

STACS, we believe, will transform the way capital markets operate, intersecting between global traditional capital markets and crypto finance. The grand vision of the STACS Protocol is to become a global leading Digital Asset platform for the capital markets of the future. A global network where regulated incumbents such as investment banks, exchanges such as the GSX, and broker-dealers will capitalise on the tremendous potential of tokenised securities, including STOs.
 
These Verified Partners will provide issuers with a location agnostic, global infrastructure, to issue in the jurisdiction(s) of their choice.

The STACS network is also a collaborative effort for issuers to access a global pool of capital and liquidity.

Regulators will be equipped with the tools to fulfil automated regulatory reporting. The approach is proactive, not reactive.
 
The STACS Protocol will bring an integrated platform and tools, from issuance to settlement, in an open, collaborative and inclusive environment.

The proprietary technology, highlighted in recent communications, will encompass the development of the STACS Protocol, the integration of the STACS enterprise wallet, and the implementation of trading platform services.
 
We see numerous benefits that tokenised securities provide:

1. Improved Liquidity (Democratising illiquid assets)
             
2. Lower cost of transactions (Removing the middleman)     

3. Fractional ownership (e.g. Stradivarius violin, the Shard,…) 

4. Faster trade execution and settlement (fewer intermediaries)

5. Greater security (less potential manipulation)     
                       
6. Global free market exposure (24/7 global pool of capital)
             
7. Lower issuance fee (Tokenisation-as-a-Service)                           
8. Easy to track (via DLT)
                                             
9. Applicable to all Asset Class (Equity, Debt, Oil, Gold, Fine Art...)

10. Compliance built in (Asset interoperability: frictionless)               

11. Regulated (Accountability and credibility)                         
12. New financing models (Never possible before)       

RKT Implications
 
The STACS Protocol provides good news for RKT holders.
 
Not only will RKT Holders continue to benefit from the ever-expanding utility within the GSX Group ecosystem – which will include the GBX, the GSX, as well as other business lines – but RKT will also be the token which drives the utility within the STACS Protocol. We will provide further details in our technical white paper which will be released in the coming weeks.

I remain more excited than ever about the future of the GSX Group, the future of the STACS Protocol, and most importantly the future of RKT/STACS.
 
We will ensure that we keep the TG channel up-to-date with all announcements as they happen over the next few months.

Nick Cowan
CEO - GSX Group

Thanks so much for your continued support! Of course you can always buy RKT from GBX DAX https://exchange.gbx.gi/ but here are some other markets: https://coinmarketcap.com/currencies/rock/#markets

Wow such huge updates meanwhile, other projects within the same category are dead. Can we stay like this please? I think if I have extra funds in the near future, I will buy some GBX. Mind sharing any markets of GBX right now? Will be such a good help. And anyways, Keep up the good work folks!

CEO Fortnightly Message 16/11/18

Dear FORTs,

I’m sure by now you have all seen the announcement regarding our new Joint Venture, Hashtacs Inc. and the STACS Protocol. I want to expand more on our plans and the future for the GSX Group and the fintech ecosystem that we are building, so, great news. Today, you’ll be getting not one, but two updates from me.

I want to go into as much detail as I currently can, regarding STACS (formerly GSP but now so much more), and to do that, it requires a second message to you all. Don’t worry, I won’t make you wait. It’s coming shortly after this update.

Without further ado, what’s been happening at the GBX over the last two weeks:

1. Hashstacs Inc. Joint Venture

This week we announced Hashstacs Inc., a joint venture between GSX Group, Chong Sing Fintech Holdings Limited and Prime Fintech Ltd. There’s a lot to tell you, but if you missed the official announcement, you can find it below. I will be following up this message with a dedicated update on STACS. Keep your eyes peeled.

https://www.gsx.gi/article/9464/gsx-group-establishes-hashstacs-inc-as-a-joint-venture  


2. Maecenas ART Token to be listed on the GBX-DAX

The company behind a decentralised art gallery auction market, Maecenas, and their token ART are to be listed on the GBX-DAX. Brought to GBX by the Sponsor Firm Lightbulb Capital, trading for the ART token will be live from the 19th November, you can deposit now to be ready in time, and you can read about this latest listing and the utility of the ART token, here:

https://gbx.gi/news/maecenas-art-token-to-be-listed-on-gibraltar-blockchain-exchange/  

3. GBX-DAX Supports the BCH Hard Fork

With the latest developments in the Bitcoin Cash (BCH) hard fork yesterday, the GBX-DAX supported the change-over relating to a software upgrade. The GBX has taken care of all processes associated with the fork for our users, if you have any queries, please e-mail [email protected] or message in the TG community. You can read about the BCH hard fork, and the GBX-DAX related procedures here:

https://gbx.gi/news/gbx-supports-upcoming-bch-hard-fork/  


4. GSX Group On The Road

Web Summit 2018

The GBX was present at the colossal Web Summit in Lisbon, exhibiting to the 70,000+ attendees over the three-day event. It has been a year since we began our initial roadshow at Web Summit 2017, in which time we have developed an entire ecosystem to be proud of. You can view the write up of the event here:

https://gbx.gi/news/gbx-at-2018-web-summit-in-lisbon/  

Societe Generale Innovation Week UK  

The GSX Group was invited to the inaugural Societe Generale Innovation Week UK in London. Hosted by Societe Generale as a networking and collaboration event, I had the opportunity to give a presentation on the GSX Group ecosystem and our latest developments. The details of the Innovation Week can be seen here:

https://gbx.gi/news/gbx-societe-generale-innovation-week-uk/  

5. BIC Gibraltar Blockchain Educational Workshop

The GSX Group is always looking for ways to support the blockchain economy, both in Gibraltar and abroad. This is why we set up the Blockchain Innovation Centre (BIC), whose mission statement is to help grow and support the industry workforce for the new digital era. On the 19th November, the BIC in association with London Blockchain Labs is hosting a blockchain workshop at the University of Gibraltar. The event sold out 100+ tickets in just 10 days. Keep an eye out for future events, not just in Gibraltar. You can view the details here:

https://www.bic.gi/2018/11/07/announcing-the-blockchain-educational-workshop-in-collaboration-with-the-university-of-gibraltar/

6. Consensus: Invest 2018 NYC

The team and I will be heading to the Consensus Invest event on the 27th of November in New York. As one of the world's premier blockchain events, it is an excellent opportunity for us to promote the work of GSX Group.

We will have a booth so please stop by if you’re attending! It is always great to meet our community.

https://www.coindesk.com/events/consensus-invest-2018  

That’s it for this news round-up, there have been some interesting developments for the GBX and the GSX Group as a whole. The latest JV with Hashstacs is an incredible step forward in our plans to transform the capital markets using blockchain technology. You’ll see my additional message regarding the Joint Venture shortly.

Nick Cowan
CEO - GBX

glad to have Rock in my portfolio. also looking to accumulate some ravencoins. correction is going really well.

As the GSX Group embarks on its mission to provide a range of first-class services for the STO market, this infographic shows the growth of the industry. #STACS will cover the majority of the above...

Nick Cowan, CEO of GSX Group, spoke with Marcelo Garcia, CEO of Maecenas, a decentralised art gallery auction market. They discussed how Maecenas is using blockchain technology to democratise access to fine art. Their ART token will be listed on the GBX Digital Asset Exchange starting Monday, 19 November.   

https://youtu.be/lMsbA3PVmFs

Nice to see the team being so active taking steps in a number of areas, ranging from partnerships and cooperation to educational programs and events. Wish you the best.

The GBX was invited to participate in the Societe Generale Innovation Week UK, an event that brought together fintech companies and industry experts.

Nick Cowan, CEO of the GBX, and Targ Patience, Chief Compliance Officer of the GSX, spoke about Gibraltar as a world-leading fintech jurisdiction and the progress of the GBX platforms.   https://gbx.gi/news/gbx-societe-generale-innovation-week-uk/?utm_source=telegram&utm_medium=social

Dear ROCKers,

Deposit and withdrawal functions are back online. All apart from BCH 👍

The GBX Digital Asset Exchange will be supporting the upcoming Bitcoin Cash (BCH) hard fork. On November 15th (today), BCH is expected to conduct a software upgrade resulting in a hard fork, creating BSV coins. If you have BCH on deposit with the GBX on November 15th, the GBX will handle and take care of all BSV processes relating to the fork, automatically. Read the announcement here for more details on what to expect.  https://gbx.gi/news/gbx-supports-upcoming-bch-hard-fork/?utm_source=telegram&utm_medium=social

This just in.. GBX Sponsor Firms join forces:

https://medium.com/amazix/amazix-joins-forces-with-fellow-gbx-sponsor-firm-rockchain-for-enhanced-smart-contract-and-c89634caf320

https://rockchain.com/news/2018-11-14_Rockchain-partners-with-Amazix

We are delighted to announce that the GSX Group, in a joint venture with Chong Sing Fintech Holdings Limited and Prime Fintech Co. Ltd., has established Hashstacs Inc. to develop the Securities Trading Asset Clarification Settlements (STACS) Protocol. 

https://www.gsx.gi/article/9464/gsx-group-establishes-hashstacs-inc-as-a-joint-venture