Scaling Bitcoin Economy - Institutional Grade Commodity Spot and Derivatives Exchange in Bitcoin.


ICO Time:
10.02.2018 - 12.03.2018
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Jon Matonis
- Chairman
Liza Aizupiete
- Managing Director
Arvis Ermins
- Director and Head of Compliance
Maris Kaneps
- Director and Head of IT
Uldis Teraudkalns
- Chairman of the Supervisory Board
Viesturs Tamuzs
- Board Member
Andris Kaneps
- Board Member


Mark O’Byrne
- Bullion Dealer and Gold Market Analyst
Carlos Blanco
- Risk Analytics and Financial Modelling Expert
Pierre Roberge
- IT Security Expert
Mikko Ohtamaa
- Technology Advisor
Ransu Salovaara
- Token Sales Strategist


In order to facilitate the use of Bitcoin as an industrial scale medium of exchange, we propose taking the existing Globitex exchange infrastructure and scaling it up into an exchange that has global spot and derivatives exchange capabilities, where standardised instruments in money markets and major commodities are listed with cash settlement and later physical delivery, and where Bitcoin is used as the underlying currency - a unit of account.

To realise this goal, Globitex is issuing the GBX utility Token. The Token will be issued as an EIP-20 (previously known as ERC-20) compliant Ethereum smart contract. [2] The GBX Token will primarily be used for the settlement of trades on the Globitex exchange, serving as a commission payment token. The GBX Token will also function within loyalty programs planned for Globitex clients and contributors, whereby the contributors will be participating in  the company's overall success. The GBX Token can be acquired during the Globitex token sale ( using Ether (ETH), Bitcoin (XBT) and Bitcoin Cash (BCH). The GBX token sale will be conducted in stages, each representing the team’s commitment to deliver specific business milestones.

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