CEO FORTnightly Message - 21/09/18 I’m writing to you this week from Singapore, where I have had some incredible experiences, speaking with people about the latest phase in our mission to bridge the gap between traditional finance and the emerging blockchain industry. In my last FORTnightly message I touched upon the emergence of security tokens. We see this as the next evolutionary step for our industry; establishing more products, markets and opportunities for broader participation and adoption. I've previously shared the work we have been doing behind the scenes at the GSX Group towards this goal, and I am excited to let you know about our latest endeavours.
1. My Trip to Asia and The GSP Protocol The meetings and events during my time in Singapore have been focused on communicating our technology solution, which we believe is required to support tokenised securities through good governance, best practices and the highest regulatory standards. We have called the solution the Global Securities Protocol (GSP).
We aim to use the GSP to transform capital markets with blockchain technology, bringing together other stock exchanges, investment banks and qualified institutions to utilise the GSP, creating more avenues for issuers to gain access to the blockchain powered finance of tokenised securities. Naturally, RKT will play a pivotal role in the GSP, which will have public access and transparency. A protocol designed specifically for tokenised securities, open to all. More detailed information will be announced shortly.
2. Atlantic NeoTechnologies joins the Sponsor Firm NetworkPlease join me in welcoming our latest Sponsor Firm, Atlantic NeoTechnologies (ANT), to our incredible community of token advisory experts. ANT is part of a Group with extensive experience in international banking, investment advice and asset management. You can read more about ANT's approval status as a Sponsor Firm here:
https://gbx.gi/news/atlantic-neotechnologies-joins-the-sponsor-firm-network/?utm_source=telegram&utm_medium=social&utm_campaign=ceomessage 3. Sponsor Summit: SingaporeAs part of GBX’s commitment to our Sponsor Firms, we maintain a continuous two-way relationship, open to dialogue and feedback. Holding Sponsor Summits is a great way to bring our community of Sponsor Firms together, and provide a platform for discussion and debate. Through these summits, we collaborate and improve on areas such as the token issuer admission process, or redefining the listing and Sponsor rules.
4. Infinitus Token Sale ConcludedCongratulations to the team at Infinitus for selling 92.89% of their tokens! It’s great to see innovative projects get the funding they need to provide solutions through the blockchain. You can find out more about the Infinitus project here:
https://infinitustoken.io/ 5. Token Sales Live on the GRIDJust a reminder, we have two token sales on the GBX-GRID. Both the Õpet and the Crowdvilla sales are currently live, and you can view the details here:
https://grid.gbx.gi/?utm_source=telegram&utm_medium=social&utm_campaign=ceomessage Here is a quick snapshot of the projects:
Crowdvilla is a community-focused, blockchain, non-profit organisation that provides a platform for users to share holiday homes around the world.
https://gbx.gi/crowdvilla-faq/?utm_source=telegram&utm_medium=social&utm_campaign=ceomessage Õpet is a foundation project building a blockchain to store the educational admission data of all students. In order to ensure data is accurately collected at the source, Õpet is also developing a mobile application chatbot to expand students' horizons.
https://gbx.gi/opet-faq/?utm_source=telegram&utm_medium=social&utm_campaign=ceomessage6. Referral ProgrammeWe are still working behind the scenes, making sure that when we roll out our referral programme, it rewards ROCK token holders for helping to grow and expand our amazing community. It is our way of saying thank you for all the support and encouragement. We want it to be perfect! We’ll be announcing its roll-out shortly, so keep a look out!
7. The GBX-DAX AppThe GBX-DAX app is now available for all Android users. Our new App will give our users mobility and the freedom to trade from their phones anytime, anywhere. Managing your DAX portfolio, or making trades, will now be even more accessible than ever before.
https://gbx.gi/dax-mobile-app/?utm_source=telegram&utm_medium=social&utm_campaign=ceomessage 8. Trading Fees now in effect As part of our DAX upgrade this week, our new trading fee structure is now in effect. It’s more great news for RKT holders, as you can now reduce your trading fees by holding 10,000 RKT in your account. You can find the full information regarding the DAX trading fees in the link below:
https://exchange.gbx.gi/v1/common/allAccessFile/readForAll?fileUrl=46 That’s all for the moment. Lots of exciting things coming out very soon as I head back to Gibraltar to continue our work on the GSX Group ecosystem. I’m sure you have many questions, and the team here will be on hand to help.
Keep on ROCKing everyone!
Nick Cowan
CEO - GSX Group
