Ether-Convertible GXE Bond: Risk-controlled assets on the Blockchain!

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Ø Crypto Union
4 min readFeb 4, 2018

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Geneviève are delighted to announce the launch of the Convertible Geneviève Bond, a risk-controlled investment on the Blockchain!

The Ether-convertible GXE bond is a risk controlled investment secured through a mutually-signed agreement. It’s a fantastic investment opportunity to hedge your investment with the first cryptocurrency venture capital exchange platform for small-medium enterprises. We are in partnership with two state governments and two major financial organizations, including the West-African Stock Exchange, BRVM.

Geneviève will launch an exchange platform for tokenized investment ventures. The platform will operate through Geneviève’s exchange cryptocurrency, GXE; token listing and transaction fees will facilitate quarterly dividend payments to all GXE token holders.

The smart contract will automatically issue 10,000 GXE tokens for each invested unit of Ether. The minimum investment is 1 Ether, i.e. 1 ECGB. In total, 26 coupons at 2.31% will be paid weekly, on Sunday, to all bond holders via an airdrop. Following the holding period, on August 5th, 2018, all participants will be eligible to redeem their nominal Ether investment. Proceeds from the token sale will be used to fund Ether redemptions; 15% of our target revenue will allow Geneviève to meet repayment obligations. All convertible bonds are backed by the company, Geneviève & Cie, and GXE tokens. A detailed breakdown of GXE’s economics can be found here.

This project will further Geneviève’s capacity to invest in marketing, recruitment, exchange listings and press releases. In partnership with Rootstock, Geneviève’s SME token exchange will find strength from the convertible bond campaign, and by extension, it’s deployment in West Africa; consequently, Geneviève will be able to run a stronger campaign resulting in a greater number of investment ventures. Bond holders will be the recipient of such rewards by way of weekly coupon payments, token value appreciation and quarterly dividend payments.

Terms & Conditions:

Ether-Convertible GXE Bond parameters:

  • Available ECGB: 125
  • ECGB price: 1 Ether
  • Minimum contribution: 1 Ether
  • Holding period: 182 days

Date

  • Opening date: February 4th, 2018
  • Closing date: February 12th, 2018
  • Coupon payment (ETH): Weekly
  • Redemption/conversion date: August 5th, 2018

Reimbursement conditions

  • Premium reimbursement: 0.6 ETH (per ECGB)
  • Nominal reimbursement: 1 ETH (per ECGB)

Conversion conditions

  • Premium reimbursement: 0.6 ETH (per ECGB)
  • Nominal reimbursement: 10,000 GXE (per ECGB)

Investment instructions:

To participate, send the desired amount of Ether (minimum contribution: 1 ETH) to the following smart contract address (be safe; verify the deposit address on our Telegram channel):

0x2627F97dccD5db6B8a4F9b625Da3A3824ab96670

We recommend using a 120,000 Gas limit. Your GXE tokens will automatically be deposited in to your Ethereum wallet by way of the smart contract once the transaction has been confirmed.

Custom Token Information:

Contract Address: 0x106b419718298f91ca576728A670597fb2e0eE4e

Token Symbol: GXE

Decimal: 10

Note: We recommend using MyEtherWallet, MetaMask or Mist; such wallets offer seamless integration with the ERC223 token standard.

FAQs:

Do I get a legal proof of my investment?

Yes. Your investment is recorded on the blockchain. You will receive a legal document, detailing of your investment, exemplified here.

Is Geneviève a legally-registered company?

Yes, Geneviève is registered as a company in several countries Further information can be found here.

How will Geneviève finance it’s ECGB obligation?

  • Geneviève was launched in 2014; in addition to offering several channels of traditional financial services, the organization has founded numerous business ventures awaiting listing on the exchange platform, widening Geneviève’s revenue streams; furthermore, a signed agreement with the Ivory Coast’s state government seeks to widen Geneviève’s investment portfolio in pursuit of the 150 Small-Medium Enterprise campaign. In addition, the project is finalizing contractual terms to partner with the West African Stock Exchange, BRVM.
  • GXE will be tradable on numerous cryptocurrency exchanges by the end of March, 2018, adding liquidity to the market.

Referral Bonus:

A 10% bonus is being offered to all who refer a participant to this investment program. The investor must inform Geneviève of their references contact information through the ECGB Telegram channel or via email — investgx@genevieveco.com.

Additional Information:

· ECGB Telegram channel

· Legal documentation

· Documented Settlement Agreement

Communication channels:

Website

Whitepaper

Project overview

Twitter

Reddit

BitcoinTalk

Telegram

Snapchat

Instagram

YouTube

Github

“It is not because things are difficult that we do not dare, it is because we do not dare that they are difficult.” — Seneca

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