CGRID Token Sold Out on GBX GRID

The Carbon Grid Protocol project has just successfully completed their token issuance on the GBX GRID, selling 9,259,260 CGRID tokens within an hour on the first day of their Early Access period. Carbon Grid was brought to the GBX GRID by the Sponsor Firm ICOMain.io.

CGRID Tokens will be unlocked and distributed to contributors’ GBX Accounts 30 days after the end of the token sale.

About Carbon Grid Protocol

Carbon Grid Protocol seeks to become a digital gateway to the carbon market for blockchain-based projects, with a primary focus on buyer adoption. Aiming to tackle issues in the carbon market such as centralisation, the lack of transparency and accessibility. Carbon Grid also seeks to support other projects that are stepping up to combat climate change, enabling and incentivising blockchain networks as well as dApps in offsetting their carbon footprint.

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Another GRID Success

The complete sell-out of the CGRID Token in such a quick period of time demonstrates the huge momentum behind the project, and also the benefits surrounding conducting a token issuance on an institutional-grade token sale platform; the GBX GRID. Token issuers launch their token into a large pool of whitelisted AML/KYC cleared participants. Utilising an easy ‘one click’ process enables participants to contribute to projects that have gone through a rigorous listing process, meeting best practice standards for conducting a token issuance.

Benefits of RKT

The Early Access Sale was available to GBX account holders with GBX account balances of at least 10,000 RKT prior to the sale. This rapid sale during the Early Access period demonstrates the benefit of utilising RKT to participate in projects of significant interest, ensuring a chance to contribute to the sale.

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The GSX Group brings together our expanding network of companies: Gibraltar Stock exchange, Juno Services, Gibraltar Blockchain exchange, and BIC.

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