Global Listing Exchange ICO: Company Review and GLX Token News Updates

Global Listing Exchange GLX ICO: Social Finance Investing Network?

Global Listing Exchange, found online at GLX.com, wants to help anyone invest in the future of global capital markets. Find out what that means today in our review.

What Is Global Listing Exchange?

Global Listing Exchange describes itself as “the world’s only capital market directory and social finance network.”

The website maintains a list of companies and groups from across the financial industry, including clearing firms, transfer agents, PR firms, exchanges, institutional investors, family offices, and more. You can sort through companies by category, continent, country, association, regulatory authorities, and more.

Global Listing Exchange’s list of companies is powered by GLXCoin. An crowdsale for GLXCoin is taking place from December 24 to January 14 (pre-sale), followed by an ICO from January 15 to February 14.

The overall goal of Global Listing Exchange is to make the world’s capital markets more transparent, open, and connected.

How Does Global Listing Exchange Social Finance Investing Work?

At GLX.com, you’ll find a directory of global capital organizations as well as news from the industry. Global Listing Exchange aims to change the way each and every member of the world’s capital markets connects, communicates, shares, and accesses information.

The website is powered by a token called the GLXCoin, or GC, which is an ERC20 compliant cryptocurrency built on the Ethereum blockchain. GC is a unit of measure and a medium of exchange.

There are Class A and Class B GCs that can be used to pay for goods and services on the GLX platform. This is the exclusive payment protocol in the GLX ecosystem. A basic membership is currently priced at $1 USD per month. However, participants on GLX will be able to charge for blog posts and subscription services, among other products and services.

Class A GCs are available during the upcoming Global Listing Exchange ICO, and they’ll be exchange tradeable after launch. Class B GCs, however, are earned for loyalty and incentives provided by the platform, and they become freely tradeable 1 year from the date of issue.

The alpha release for GLX is available online today at GLX.com (the ICO website is ICO.GLX.com). At the alpha version of the site, you can view listed members by category or location. Categories include cryptocurrency exchanges, clearing firms, public companies, private companies, investment banks, accounting firms, and more. You can also sort based on associations and federations, regulatory authorities, countries and territories, and continents.

Global Listing Exchange GLX ICO

The GLXCoin crowdsale begins with a pre-sale from December 25 to January 14, followed by the main ICO from January 15 to February 14, 2018.

A total of 50 million Class A GLXCs will be sold during the token sale at a price of $1 USD per token.

You can use GLXCoins to pay for various services on the network.

GLX Coin Fees

GLX is based on a microtransaction system. The whitepaper mentions the possibility of charging $0.03 to access and read a blog post, for example, or paying $0.05 per day to get real-time access to fast information about a particular security.

Right now, GLX fees are set at $1 USD per month for a basic membership. Other GLX products and services have not yet been priced.

Who’s Behind Global Listing Exchange?

GLX was founded in April 2015. It’s a privately-held company, although they’re aiming to file a registration statement with the US SEC as a Reg A+ crowdfunding offering by Q4 2017, and they’ll seek a public market listing shortly afterwards.

The company is led by founder and CEO Ronald P. Russo, Jr. It’s registered in Palm Beach, Florida.

Global Listing Exchange Conclusion

Global Listing Exchange aims to change the way the world’s financial firms communicate. The platform provides a directory of members from across the industry, then allows those members to communicate in various ways – like by charging for premium services or publishing blog posts on the network. The end result, according to Global Listing Exchange’s whitepaper, is “the world’s only capital market directory and social finance network.”

To learn more about the platform, visit online today at GLX.com.