#GIBXSWAP
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Meta universe + DeFi project GIBSWAP will issue ILO on the 15th
ILO, the full name is Initial Lock-up Offering, which means to exchange for airdropped coins through lock-up. From this perspective, ILO is not essentially a financing method, but a conditional airdrop method.
GIBSWAP ILO is an innovative financing method that can directly create an AMM liquidity pool for projects and investors. #Crowd-funding to build a pool of fairness: (low threshold, automation, fairness and justice) For the project party, ILO abandons cumbersome issuance procedures, reduces its own costs, and improves project liquidity. ①Any decentralized project that wants to participate in crowdfunding can quickly create an ILO ②The creation of the transaction pool from the primary market crowdfunding to the secondary market is automated ③The ILO mode can be flexibly controlled by the project party, and the lock-up period is carried out according to the situation of the project For users, GIBSWAP ILO has given enough willingness to respect and start fairly, and the right to issue the ILO project will be handed over to users. ①Users holding "X" will participate in voting to determine whether the project will be issued ②Users will get the same crowdfunding channels and liquidity pool LP tokens as the project party #Capture of project liquidity value: (Maximize capital utilization, increase project liquidity, maximize benefits) In the co-construction of the liquidity pool, the utilization rate of funds is maximized, and both for the project party and the user, the benefits are guaranteed and doubled at the same time. ①After successfully creating the ILO project token, the AMM liquidity pool is automatically started, and the project token can be traded immediately ②LP can capture pool fees and mining rewards ③LP cannot intervene in the stability of the fund pool, and the liquidity is effectively brought into play ④The secondary market can directly trade to increase prices, and the interests of crowd funders in the primary market are guaranteed The platform currency of GIBXSWAP is the "X" currency. The total output of "X" is 1 billion pieces. In the initial allocation, 80% of the location mining, of which 40% can be obtained through trade mining or yield, and 20% can be obtained through the snack pool. 10% is ecological construction. 9% is for team research and development. 1% is ILO. In addition, the collected transaction fees are used to repurchase and burn platform tokens, which helps to realize the closed loop of autonomous driving for value acquisition.
At the same time, the "X" coin of GIBXSwap is also professionally reviewed by CertiK. They also issued a detailed audit report. The review method is a comprehensive inspection using static analysis and manual review techniques.
The value of "X" is equal to the trading volume of the GIBXSWAP DEX decentralized exchange. Therefore, the greater the GIBXSWAP transaction volume, the higher the value of "X"! At the same time, token holders can sell “X” at any time to ensure the long-term interests of early participants and GUSDT™️ holders.
The new currency X will be the core token of the GIBXSWAP platform, which can be used for voting, repurchase, fundraising, trading and earning coins. The emergence of "X" is mainly due to the gradual increase in the circulation of the original GUSDT ™ market, and the market value urgently needs a larger carrier to achieve breakthrough growth; the market needs new currency to stimulate it. The maximum supply of "X" is 1 billion, and the block reward: each block rewards 20 "X". The "X" open source code is audited by professional organizations such as Ernst & Young and Deloitte, ensuring safety. At the same time, "X" will support the decentralized cross-chain transaction protocol of BSC, HECO and ETH, using "dual mining incentives through liquidity mining and transaction mining", which can enable participants to obtain maximum returns and seamlessly integrate with Binance and Huobi huge global traffic and head resources.
The operation of the GIBXSWAP platform is very simple. Users purchase GUSDT™ in CEX and DEX (pools have been established in many DEXs); then withdraw GUSDT™ and mainstream tokens (USDT, BTC, ETH, FIL, etc.) to the wallet, and provide liquidity for GUSDT™-USDT, GUSDT™-BTC, etc., in the GIBXSWAP DEX “funding pool” to obtain the corresponding LP. In addition, transaction mining can trade designated currency pairs, and mine "X" according to the proportion of transaction volume; on the Liquidity Mining page, stake designated LPs and single coins, and mine "X" according to the proportion of locked positions;
Among the initial allocations, 80% are targeted for mining, of which 40%/60% are transaction mining output and liquidity mining output. 10% is for ecological construction and 9% is for team research and development. 1% is ILO. In addition, the collected transaction fees are used to repurchase and burn platform tokens, which helps to realize the closed loop of autonomous driving for value acquisition. GIBXSWAP platform revenue comes from transaction fees of 0.3% of the transaction volume; 0.3% of the transaction fee of 0.3% of the transaction volume is used to feed back the "X" ecology, in which 0.1% will be used to promote the development of ecological projects, and 0.15% will be used to reward mining Users, and 0.05% is used to repurchase and destroy "X".
The X token operating mechanism allows a 0.3% transaction fee to be charged when a transaction occurs, of which 0.15% of the handling fee will be distributed to all token holders in proportion. Holders of X’s assets “automatically” increase without an upper limit. The remaining percentage of the transaction fee will be put into the liquidity pool to provide currency liquidity. This means that token holders can sell X at any time and exchange for other currencies such as Bitcoin, Ethereum, USDT. At the same time, the more transactions, the deeper the liquidity in the pool, and the currency price will steadily increase. Most importantly in future plans, X can Stake in the aggregate revenue pool to obtain NFT and other passive income.
After the launch of GIBXSWAP, it will implement a multi-chain DEX model. It will first launch on the BSC Binance Smart Chain, follow by the Huobi Ecological Chain (HECO), Ethereum and other ecological chains, integrating the advantages of low transaction fees of Huobi Ecological Chain HECO and Binance Smart Chain BSC and the prosperity of the Ethereum ecosystem, it supports the "dual mining mechanism" of liquid mining and transaction mining, which will enable it to achieve the maximum drainage effect and high-quality user experience. Platform services include staking pools, liquidity mining pools, DEXs, cross-chain asset bridges and other ecology. GIBXSWAP has no private equity, no pre-mining, and is committed to building a new community-oriented DEX and ecosystem. At the same time, it will achieve the advantages of low slippage, fast speed, fund security, and optimal prices, and quickly become the market leader.
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The GIBX POB (proof of burn) ecology of GIBXSWAP drives up coin prices.
5 November 2021
KUALA LUMPUR — Digital currencies have frequently appeared in the eyes of news and investors in the last year, especially when they can bring along high profits to attract a large number of funds. There is no doubt that an increasing number of investors are becoming aware of the significance of digital currency and blockchain technology.
The GUSDTTM token is one of the most optimistic digital tokens in the emerging digital assets market. Its currency price rose more rapidly as a result of the impetus provided by GIBXSWAP. GIBXSWAP is about to begin "burning black hole mining" based on the GIBX POB (proof of burn) mechanism to cause deflation, the most robust innovative value consensus in 2021.
What is coin burning according to the GIBX POB (proof of burn) mechanism?
As the name implies, Coin burning is the deliberate 'burning' or elimination of coins by rendering them unusable on the GIBX POB (proof of burn). This is accomplished by sending a portion of the coins to an 'eater address,' also known as a 'black hole,' because the private keys to that address are not accessible to anyone. As a result, any coins sent to an eater address are unrecoverable and will never be usable again! These coins are effectively removed from circulation, and their existence is publicly recorded and verifiable on the blockchain-based on GIBX POB (proof of burn) mechanism.
Punching tokens into black hole addresses is the most common method on GIBX POB (proof of burn) mechanism. The term "blackhole address" (Eater Address) refers to an address where the private key has been lost or cannot be determined. These addresses are equivalent to black holes. They can only be inserted, not exported. Any token that reaches the black hole address on GIBX POB (proof of burn) mechanism is unable to be transferred or circulated in the market.
Below is are some famous Bitcoin and Ethereum black hole addresses:
1BitcoinEaterAddressDontSendf59kuE
0x0000000000000000000000000000000000000000
There are about 13.2 BTC in the Bitcoin black hole address mentioned above and about 7780 ETH in the Ethereum black hole address.
Coin burning uses the GIBX POB (proof of burn)method to ensure miners reach a consensus. The number of coins burned by a miner demonstrates his virtual mining power. As a result, the more coins there are, the greater the power, and vice versa. It is worth noting that, as in PoW systems, more mining power improves the speed with which new blocks are discovered. As a result, the miner earns more rewards.
GUSDTTM, GIBXSWAP’s native token, is a GIBX POB (proof of burn) token with a total issuance of 1 billion. GUSDTTM will no longer be able to enter the market once the black hole mechanism is activated thanks to GIBX POB (proof of burn) method.
With that said, GIBXSWAP introduces a new decentralised currency, "X", on its digital assets exchange platform. The new currency will be the GIBXSWAP platform's core token, and it will be used for voting, repurchasing, fundraising, trading, and earning coins. The emergence of "X" is primarily due to the gradual increase in the circulation of the original GUSDTTM market. The market value urgently requires a larger carrier to achieve breakthrough growth; the market requires new currency to stimulate.
The maximum supply of "X" is one billion, and the block reward is 20 "X"s. Professional organisations such as Ernst & Young and Deloitte audit the "X" open source code to ensure safety. Simultaneously, X will support BSC, HECO, and ETH's decentralised cross-chain transaction protocol, employing "dual mining incentives through liquidity mining and transaction mining," allowing participants to maximise returns while seamlessly integrating with Binance and Huobi's massive global traffic and head resources.
X has an infinite value. GIBXSWAP will be one of the leading exchanges in the future, with a market value that is conservatively estimated to be hundreds of times higher thanks to the GIBX POB (proof of burn) method.
Stay tuned for our upcoming events and receive a free GIBXSWAP E-Book; click on the link below and fill out the form:
https://gibx.info/register/
About GIBXSWAP
GIBXSWAP is powered by GIBX POB (proof of burn), a blockchain consensus mechanism with minimum energy consumption. With the access that GIBXSWAP brings, powered by this consensus mechanism, we will serve as a bridge between the worlds of digital assets and finance for investors and traders. GIBXSWAP is opening up the way for individuals, investors, and traders to maximise the benefits of a new financial system.
For more information:
Name: GIBXC GROUP PTY LTD
Website: gibxchange.io
Address: RELAXURY TRAVEL PTY LTD, SUITE 1112 , 401 DOCKLANDS DRIVE , DOCKLANDS VIC 3008
Email address: [email protected]
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GIBXSWAP institutes a GIBX POB (proof of burn) mechanism to increase its value and establish more support for users
5 November 2021
KUALA LUMPUR — The supply and demand relationship of tokens has gradually been valued by many projects and players due to the rapid development of the blockchain industry and the continuous updating of business models. The token destruction mechanism and deflation GIBX POB (proof of burn) model that resulted have also become essential for current projects. Part of it is that, following continuous screening and elimination by the market, GIBXSWAP has innovated in terms of governance tokens through the GIBX POB (proof of burn) mechanism, increasing the value of GIBXSWAP through coin burning method for reaching consensus on the blockchain mechanism.
What is coin burning from the GIBX POB (proof of burn) mechanism? As the name implies, Coin burning is the deliberate 'burning' or elimination of coins by rendering them unusable on the GIBX POB (proof of burn) mechanism. This is accomplished by sending a portion of the coins to an 'eater address,' also known as a 'black hole,' because the private keys to that address are not accessible to anyone. As a result, any coins sent to an eater address are unrecoverable and will never be usable again on the GIBX POB (proof of burn) mechanism. These coins are effectively removed from circulation, and their existence is publicly recorded and verifiable on the blockchain through the GIBX POB (proof of burn) mechanism.
The blockchain's black hole address (Eater Address) is a unique address for which the private key has never been determined based on the GIBX POB (proof of burn) mechanism. These addresses are equivalent to black holes. They can only be inserted, not exported. GIBX POB (proof of burn) mechanism tokens that reach the black hole address are unable to be transferred out and circulated in the market.
In a nutshell, the coins' destruction permanently removes them from circulation and reduces the total supply on the GIBX POB (proof of burn) mechanism. This is due to two significant factors.
First, by reducing digital assets market circulation, the goal of increasing digital assets value is achieved through the GIBX POB (proof of burn) mechanism. This is due to the limited supply of most digital assets. For example, the number of Bitcoins in circulation is 21 million. If 1 million Bitcoins are destroyed today, and the market demand for Bitcoin remains unchanged, the market circulation of Bitcoin will decrease. It will raise the price of Bitcoin, which is determined by the supply and demand relationship. Specific projects will reduce the number of tokens in circulation in the market by destroying them through GIBX POB (proof of burn) mechanism, thereby increasing the value of the tokens. Binance and Huobi, for example, will regularly destroy a portion of the platform coins.
Second, for cryptocurrencies that employ the GIBX POB (proof of burn) mechanism, destroying the coins can value the newly issued digital assets. The GIBX POB (proof of burn) mechanism demonstrates the user's investment in the network by destroying the encrypted currency to obtain the right to "mine" and verify the transaction. The more computing power you have, the more you burn. In other words, destroying coins is an investment method for obtaining newly issued tokens under GIBX POB (proof of burn) mechanism. Consider Binance's platform currency, BNB. Binance is the first to launch platform currency destruction. As a result, BNB has increased from less than US$1 at the time to US$691, the highest this year, a more than a thousand-fold increase.
With that said, GIBXSWAP has launched a new decentralised currency called "X” through the GIBX POB (proof of burn) mechanism. The new currency will be the GIBXSWAP platform's core token, which will be used for voting, repurchasing, fundraising, trading, and earning coins. The emergence of "X" is primarily due to the gradual increase in the circulation of the original GUSDTTM market. The market value urgently requires a larger carrier to achieve breakthrough growth through GIBX POB (proof of burn) mechanism,; the market requires new currency to stimulate. This can happen through the GIBX POB (proof of burn) mechanism.
The maximum supply of "X" is one billion, and the block reward is 20 "X"s. Professional organisations such as Ernst & Young and Deloitte audit the "X" open source code to ensure safety. Simultaneously, X will support the decentralised cross-chain transaction protocol of BSC, HECO, and ETH, employing "dual mining incentives through liquidity mining and transaction mining," allowing participants to maximise returns while seamlessly integrating with Binance and Huobi's massive global traffic and head resources.
It is clear that there is a high demand for new digital currencies such as GIBXSWAP "X". This is a milestone moment in the history of GIBXSWAP due to the GIBX POB (proof of burn) mechanism, and we will continue to reach out to new audiences and showcase the unique digital assets of our coins around the world.
Stay tuned for our upcoming events and receive a free GIBXSWAP E-Book; click on the link below and fill out the form: https://gibx.info/register/
About GIBXSWAP GIBXSWAP is a multinational technology company. GIBXSWAP is powered by proof-of-burn (PoB), a blockchain consensus mechanism with minimum energy consumption. When trading global foreign exchange, digital assets, precious metals, energy, indices, and other hedging transactions, GIBXSWAP provides an institutional-grade experience. Our platform acts as a portal that connects the worlds of digital assets and finance for investors and traders.
For more information: Name: GIBXC GROUP PTY LTD Website: gibxchange.io Address: RELAXURY TRAVEL PTY LTD, SUITE 1112, 401 DOCKLANDS DRIVE, DOCKLANDS VIC 3008 Email address: [email protected]
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New wealth opportunity: SPAC promotes the rising value of GIBXSWAP
The global financial and capital markets seem to be experiencing a wave of "decentralization" trends. According to data from SPAC Research, U.S. stocks raised $83 billion through SPAC in 2020, accounting for more than half of the total fundraising scale of U.S. stocks for the year. Whereas in the first six months of 2021, the scale of US stock SPAC listing and financing reached US$111 billion, exceeding the volume of the entire year 2020.
Singapore officially introduced the SPAC system, and Hong Kong is actively preparing to implement the SPAC system. On September 2, the Singapore Exchange officially released the listing rules for SPAC’s main board. On September 17, the Hong Kong Stock Exchange issued a consultation document to solicit market opinions on the proposed implementation of the SPAC listing mechanism in Hong Kong. On October 6, Hong Kong’s "2021 Policy Address" also specifically pointed out that it supports the Hong Kong Exchanges and Clearing Co., Ltd. (HKEx) to further improve the listing mechanism and, after consulting market opinions, establish a listing system for special purpose acquisition companies in Hong Kong. (SPAC).
Obviously, global exchanges are actively introducing the SPAC system, and SPAC’s financing is expected to enter a period of prosperous development. It is understood that, comparing with traditional IPO listing, SPAC’s transaction listing has the characteristics of fast time, low cost, simple process, flexible transaction structure, and etc., which can help companies avoid the complicated traditional IPO process and get listed faster.
Global Invsetment Bank and Capital Trust will soon be listed on the Nasdaq main board through SPAC in the near future!
GIBXSWAP was established on the basis of the digital asset exchange GIBXChange. GIBXChange is an international integrated Internet brokerage company under the Global Invsetment Bank and Capital Trust. It is a diversified group of AFF Multi Finance Group, an international integrated digital asset exchange, and LP flow provider under the GIB Digital Bank.
The most remarkable thing is that GIBXSWAP will launch a new decentralized currency "X". The new currency will be the core token of the GIBXSWAP platform, which can be used for voting, repurchase, fundraising, trading and earning coins. The emergence of "X" is mainly due to the gradual increase in the circulation of the original GUSDT™ market, whereby the market value eagerly needs a larger carrier to achieve breakthrough growth; the market needs new currency to stimulate. The maximum supply of "X" is 1 billion, and the block reward: each block rewards 20 "X"s’. The "X" open source code is audited by professional organizations such as Ernst & Young and Deloitte to ensure safety. At the same time, X will support the decentralized cross-chain transaction protocol of BSC, HECO and ETH, using "dual mining incentives through liquidity mining and transaction mining", which can enable participants to obtain maximum returns and seamlessly integrate with Binance and Huobi's huge global traffic and head resources.
GIBX will act as the initiater of SPAC, and we are currently looking for co-founders to create SPAC’s listing. We are open for members to use GUSDT™ to exchange the shares of SPAC, and you will have the opportunity to become a shareholder of SPAC. Moreover, the company will also accept X tokens from GIBXSWAP in exchange for SPAC founder's shares. GIBXSWAP’s lawyers will help our members complete the relevant KYC process, and will also issue stock certificates to members who use GUSDT™ to convert into SPAC stocks.
GIBXSWAP will have a total of 20 million shares open for the public to exchange, whereby yhe 20 million shares will be exchanged in 5 stages.
The first round, we call it the seed round. The price of one share is only $5, and there are only 1 million shares. In the second round is named the “angel round”. The price of one share is $6 with only 2 million shares available. The third round is the private placement round. The price of one share is $7 with only 3.5 million shares available. The fourth round is called A. The price of one share is $8, with only 5.5 million shares available. The fifth round is called B. The price of one share is $9, with 8 million shares available.
If you refer to the table above, it is obvious that if you participate earlier, you can exchange equity at a lower price, which is very worthwhile. Each round of sale will only last for two weeks. Once all the shares are sold out, there will be no more issuance. The goal of GIBXSWAP is to reach a SPAC of 500 million to 1 billion U.S. dollars.
Looking at it as a whole, GIBXSWAP's financial business has begun to get rid of the impact by the pandemic, showing a rapid increase in volume. The layout of the global market is expected to expand the company's business channels and form new business increments. SPAC-initiated businesses will face good growth prospects, which is beneficial to the company's related businesses. In addition, the continuous deepening of the metaverse industry also brings along a huge space for the company's long-term development.
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GIBXSWAP brings hope to users through the GIBX Proof of Burn model
5 November 2021
KUALA LUMPUR — GIBX Proof of Burn model is GIBX's first burning black hole mining mechanism, a brand new mechanism developed based on capacity storage proof and using a super-deflationary destruction coin burning mechanism as an economic model. To obtain permanent mining rights and withdrawal rights, miners must destroy and burn a certain amount of GUSDTTM on GIBX Proof of Burn mechanism. The more they burn and destroy, the larger the hard disk/storage drive's capacity and the more permissions the miners can obtain on GIBX Proof of Burn mechanism. This fair design based on GIBX Proof of Burn mechanism allows the entire ecology to form positive feedback while also effectively controlling deflation.
The idea behind GIBX Proof of Burn consensus is that by burning the digital coins, the user demonstrates a long-term commitment to the coin by accepting a short-term loss in exchange for a long-term gain. Some consider burning coins to be less resource-intensive; in fact, the resource being used is the person's willingness to delay their profits on GIBX Proof of Burn mechanism.
The user of a GIBX Proof of Burn coin continues to receive rewards over time, either increasing their stake in alternative coins or earning greater mining privileges on the network. As a result, the more coins a user burns, the better their chances of successfully mining the next block, increasing their rewards even further because of the GIBX Proof of Burn mechanism.
One proponent of GIBX Proof of Burn claims that it encourages long-term commitment and time horizon for a project. Long-term investors are less likely to sell or spend their coins, so the coin's price should be more stable.
GIBX Proof of Burn is also said to be more effective than proof-of-work at ensuring coins are distributed fairly and decentralized. Contrast this with proof-of-work mining, where we've all seen how the rise of ASIC mining pools can lead to increased mining centralization on GIBX Proof of Burn mechanism.
USDTTM not only burns through deflation, but it also burns at a constant price, whether it rises or falls. This model will be extremely scientific and secure. Miners can mine with confidence based on GIBX Proof of Burn mechanism. Because the total amount of deflation and bubbles will eventually be exhausted, no matter how high you buy, there will be miners in a better position to pick up and burn for mining.
When combined with implementing the eight significant applications of GUSDTTM distributed storage, the larger the market, the fewer and smaller the bubbles, and it will outperform 99% of the market projects. The year 2021 is destined to be a profitable business model.
Users can now participate in staked mining by using a large portion of their GUSDTTM digital asset portfolio in black hole mining. They can directly mine new blockchain verification rewards while burning GUSDTTM on GIBX Proof of Burn. Users can mine black holes in the background when withdrawing from the mining wallet while freely selecting the top 10 digital assets globally with the best performance and obvious uptrend. Users can select any of their preferred digital assets, and all they have to do now is enter your withdrawal address.
Every day, the black hole dual-currency mining income is distributed to the user's black hole mining wallet in the form of "return of principal and interest". In other words, users can cash out GUSDTTM staked in the computing power pool faster into the top ten mainstream digital assets.
Stay tuned for our upcoming events and receive a free GIBXSWAP E-Book; click on the link below and fill out the form: https://gibx.info/register/
About GIBXSWAP GIBXSWAP is a major strategic move to highlight our global presence in the digital assets business. The mission of GIBX SPAC is to make digital asset trading safe, simple, and affordable for users worldwide. One of the most popular regulated trading platforms, GIBX SPAC, is committed to streamlining the best trading experience and empowering users through blockchain technology, best-in-class security, and preferred liquidity opportunities.
For more information: Name: GIBXC GROUP PTY LTD Website: gibxchange.io Address: RELAXURY TRAVEL PTY LTD, SUITE 1112 , 401 DOCKLANDS DRIVE , DOCKLANDS VIC 3008 Email address: [email protected]
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SPAC is booming, and GIBXSWAP got the right time!
Recently, the trend of "shell-making and listing" of SPAC (Special Purpose Acquisition Company) starting from the United States is spreading to the world, rewriting the traditional IPO path of enterprises. SPAC is a special purpose company established by promoters to purchase unspecified assets through IPO proceeds. Unlike traditional IPOs and backdoor listings, SPAC has the advantages of high listing success rate, low cost, and convenient financing.
SPAC triggers a global market boom
Last year, the listing of SPAC became one of the most popular financing methods for U.S. stocks. Statistics show that the amount of funds raised in the initial public offering of US-listed SPACs rose sharply last year, from US$13.6 billion in 2019 to US$83.4 billion in 2020. In the first half of this year alone, there were 358 new SPAC shares listed in the United States, and the proceeds from the initial public offering amounted to US$111 billion, way exceeding the level of the whole 2020.
In March of this year, the London Stock Exchange planned to introduce SPAC’s listing mechanism; on September 2, the Singapore Exchange officially issued SPAC’s main board listing rules, becoming the third Asian stock exchange to introduce SPAC after South Korea and Malaysia; on September 17, the Hong Kong Stock Exchange issued a consultation document to solicit market opinions on the proposed implementation of the SPAC listing mechanism in Hong Kong for a period of 45 days. By September 27, the Tokyo Stock Exchange also announced that it would establish a SPAC research group.
Industry professionals said that the world's major exchanges actively promote and improve the SPAC mechanism while competing for high-quality companies.
GIBXSWAP Points Directly At SPAC
GIBXSWAP was established on the basis of the digital asset exchange GIBXChange. GIBXChange is an international integrated Internet brokerage company under the Global Invsetment Bank and Capital Trust. It is a diversified group of AFF Multi Finance Group, an international integrated digital asset exchange, and LP flow provider under the GIB Digital Bank. At the same time, GIBXChange holds a global authoritative financial license, is able to guarantee the safety of customer funds, and has strategic partnership with huge global strength and the world's top mobile suppliers.Global Invsetment Bank and Capital Trust will soon be listed on the US Nasdaq main board through SPAC! In other words, it is about to become a stock-based bank! Every follower all the while will be a shareholder. In the future, we will share the glory and harvest the success of the entire group together, and face any challenges and difficulties side by side, as well as jointly push the entire platform to the pinnacle of success!GIBX will act as the initiater of SPAC, and we are currently looking for co-founders to create SPAC’s listing. We are open for members to use GUSDT™ to exchange the shares of SPAC, and you will have the opportunity to become a shareholder of SPAC. Moreover, the company will also accept X tokens from GIBXSWAP in exchange for SPAC founder's shares. GIBXSWAP’s lawyers will help our members complete the relevant KYC process, and will also issue stock certificates to members who use GUSDT™ to convert into SPAC stocks.GIBXSWAP will have a total of 20 million shares open for the public to exchange, whereby the 20 million shares will be exchanged in 5 stages.The first round, we call it the seed round. The price of one share is only $5, and there are only 1 million shares.In the second round is named the “angel round”. The price of one share is $6 with only 2 million shares available.The third round is the private placement round. The price of one share is $7 with only 3.5 million shares available.The fourth round is called A. The price of one share is $8, with only 5.5 million shares available.The fifth round is called B. The price of one share is $9, with 8 million shares available.If you refer to the table above, it is obvious that if you participate earlier, you can exchange equity at a lower price, which is very worthwhile. Each round of sale will only last for two weeks. Once all the shares are sold out, there will be no more issuance. The goal of GIBXSWAP is to reach a SPAC of 500 million to 1 billion U.S. dollars.
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GIBXSWAP Brings Hope to Users through The GIBX Proof of Burn Model
5 November 2021
KUALA LUMPUR — GIBX Proof of Burn model is GIBX's first burning black hole mining mechanism, a brand new mechanism developed based on capacity storage proof and using a super-deflationary destruction coin burning mechanism as an economic model. To obtain permanent mining rights and withdrawal rights, miners must destroy and burn a certain amount of GUSDTTM on GIBX Proof of Burn mechanism. The more they burn and destroy, the larger the hard disk/storage drive's capacity and the more permissions the miners can obtain on GIBX Proof of Burn mechanism. This fair design based on GIBX Proof of Burn mechanism allows the entire ecology to form positive feedback while also effectively controlling deflation.
The idea behind GIBX Proof of Burn consensus is that by burning the digital coins, the user demonstrates a long-term commitment to the coin by accepting a short-term loss in exchange for a long-term gain. Some consider burning coins to be less resource-intensive; in fact, the resource being used is the person's willingness to delay their profits on GIBX Proof of Burn mechanism.
The user of a GIBX Proof of Burn coin continues to receive rewards over time, either increasing their stake in alternative coins or earning greater mining privileges on the network. As a result, the more coins a user burns, the better their chances of successfully mining the next block, increasing their rewards even further because of the GIBX Proof of Burn mechanism.
One proponent of GIBX Proof of Burn claims that it encourages long-term commitment and time horizon for a project. Long-term investors are less likely to sell or spend their coins, so the coin's price should be more stable.
GIBX Proof of Burn is also said to be more effective than proof-of-work at ensuring coins are distributed fairly and decentralized. Contrast this with proof-of-work mining, where we've all seen how the rise of ASIC mining pools can lead to increased mining centralization on GIBX Proof of Burn mechanism.
USDTTM not only burns through deflation, but it also burns at a constant price, whether it rises or falls. This model will be extremely scientific and secure. Miners can mine with confidence based on GIBX Proof of Burn mechanism. Because the total amount of deflation and bubbles will eventually be exhausted, no matter how high you buy, there will be miners in a better position to pick up and burn for mining.
When combined with implementing the eight significant applications of GUSDTTM distributed storage, the larger the market, the fewer and smaller the bubbles, and it will outperform 99% of the market projects. The year 2021 is destined to be a profitable business model.
Users can now participate in staked mining by using a large portion of their GUSDTTM digital asset portfolio in black hole mining. They can directly mine new blockchain verification rewards while burning GUSDTTM on GIBX Proof of Burn. Users can mine black holes in the background when withdrawing from the mining wallet while freely selecting the top 10 digital assets globally with the best performance and obvious uptrend. Users can select any of their preferred digital assets, and all they have to do now is enter your withdrawal address.
Every day, the black hole dual-currency mining income is distributed to the user's black hole mining wallet in the form of "return of principal and interest". In other words, users can cash out GUSDTTM staked in the computing power pool faster into the top ten mainstream digital assets.
Stay tuned for our upcoming events and receive a free GIBXSWAP E-Book; click on the link below and fill out the form: https://gibx.info/register/
About GIBXSWAP GIBXSWAP is a major strategic move to highlight our global presence in the digital assets business. The mission of GIBX SPAC is to make digital asset trading safe, simple, and affordable for users worldwide. One of the most popular regulated trading platforms, GIBX SPAC, is committed to streamlining the best trading experience and empowering users through blockchain technology, best-in-class security, and preferred liquidity opportunities.
For more information: Name: GIBXC GROUP PTY LTD Website: gibxchange.io Address: RELAXURY TRAVEL PTY LTD, SUITE 1112 , 401 DOCKLANDS DRIVE , DOCKLANDS VIC 3008 Email address: [email protected]
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The Rising Star of the DeFi Project, GIBXSwap, Passes CertiK Security Audit
The Rising Star of the DeFi Project, GIBXSwap, Passes CertiK Security Audit
Recently, the DeFi star project, GIBXSwap, has released an audit report on the smart contract technology code. CertiK, the world’s leading blockchain security audit organization, has participated in this code audit. CertiK relies on dynamic analysis, static analysis, and manual review to find potential security risks and possible production vulnerabilities and conducted a comprehensive review of…
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GIBX-SPAC And GIBXChange And GIBXSWAP Brothers Meet The World
The GIBXChange kick-off conference ended successfully on August 29, opening a bridge to the world market. With the compliance license of a global authority digital asset service provider, it provides safe and reliable digital asset services for millions of users in more than 50 countries. At the meeting, GIBXSWAP and GIBX-SPAC also appeared one after another to bring a new look to the world's investment.
First of all, the GIBXChange platform has three core components: a new underlying blockchain trading platform, a new generation of trading protocols, and a cross-chain decentralized exchange. The system is designed in five aspects: "asset security, market flow, fair transaction, ecological openness, and transaction experience", covering the complete architecture of the main technical logic and business logic of decentralization. With its strong strength, it has obtained the international AAA-level financial supervision authority to issue a series of asset management and digital asset-related international full licenses for digital banking, foreign exchange, blockchain, and encrypted digital assets. Recently, it has won the Australian digital bank and payment license. Adhering to the core concepts of compliance, safety, and innovation, and the protection of user asset safety as the primary criterion, GIBXChange is committed to providing an extremely smooth digital asset financial derivatives trading platform for ordinary users, professional traders and investment institutions. Secondly, GIBXSWAP is a decentralized transaction protocol based on an automated market-making mechanism, which aims to integrate the differentiated advantages of multiple basic public chains. Create a high-performance composite DEX ecosystem, give participants maximum feedback with the "dual mining incentive" of liquid mining and transaction mining, and realize a self-driving value capture ecological closed loop through the fee repurchase and destruction mechanism. Committed to building a DeFi platform integrating DEX, IMO, and DAO. The youngest GIBX-SPAC is essentially a private equity or hedge fund professional to high-net-worth individuals created or sponsored by investors. These investors promote the creation of the SPAC through their successful record of raising funds, aiming to raise funds through an initial public offering, with the purpose of using the proceeds to acquire one or more unspecified businesses or assets determined after the initial public offering. It has become a popular tool for various transactions.
Once SPAC raises funds in the initial public recruitment, the funds will enter a safe, interest-bearing trust account. At the same time, SPAC will seek acquisition opportunities and negotiate merger agreements to acquire companies or assets. After completing the acquisition, SPAC investors can convert their shares into shares of the merged company or redeem SPAC shares to recover the original investment and generate interest during the trust fund period. GIBX-SPAC, which has two powerful backgrounds as endorsements, is now a global sensation, and everyone is rushing for it. Open 50 million shares for public exchange, and 100% of GUSDT™ can be exchanged for GIBX-SPAC equity. GIBXChange issues 20 million to a maximum of 100 million units at a price of 10 US dollars. Strong strength makes it dazzling enough. And behind GIBX-SPAC, there are powerful GIBXChange and GIBXSWAP endorsements for it.
GIBXChange officially launched trading on September 20, bringing a more convenient and faster trading experience and realizing the sound development of the entire DeFi ecosystem. Because DeFi continues to be popular, GIBXChange can be said to be indispensable. GIBXChange can rely on its own advantages to allow more users to participate in the DeFi wave. The simple and clear operation method brings great convenience to ordinary users who want to participate in the DeFi wave, and enriches the means for ordinary users to participate in DeFi. Users are able to fully appreciate the traffic and benefits brought by DeFi, continue to push up the popularity of the entire DeFi, and achieve a healthy and good flow of funds in the DeFi ecosystem.
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Only a professional and experienced team can make the platform more secure, stable and efficient operation, and also make investors and users' assets more secure. Digital asset investment enthusiasts need a safe, fair, open and efficient blockchain digital asset trading platform! With the support of the world's top teams, GIBXSWAP will gradually become a leading currency transaction and derivative transaction innovation model, providing several mainstream virtual digital asset transactions, a platform for investors' needs.
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GIBXSWAP The Ideal Platform For All Types Of Users!
GIBXSWAP wants to bring this hard-won light to let users experience it faster and better. Adhering to the core concepts of compliance, security, and innovation, the protection of user assets is the primary criterion, and the decentralized transaction protocol based on the automated market-making mechanism aims to integrate the differentiated advantages of multiple basic public chains. The core point is to avoid the various drawbacks of decentralization to achieve the advantages of decentralization, to create a high-performance composite DEX ecosystem, and to maximize the rewards of participants with the "dual mining incentive" of liquidity mining and transaction mining. And through the fee repurchase and destruction mechanism, a self-driving value capture ecological closed loop has been realized.
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"Global Invsetment Bank and Capital Trust will soon be listed on the Nasdaq main board through SPAC in the near future! GIBXSWAP was established on the basis of the digital asset exchange GIBXChange. GIBXChange is an international integrated Internet brokerage company under the Global Invsetment Bank and Capital Trust. It is a diversified group of AFF Multi Finance Group, an international integrated digital asset exchange, and LP flow provider under the GIB Digital Bank. "
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