The Difference between “GCP” and “GLX”

Initially, a Dual Token system will be used and there will be 2 tokens: The “GCP”, a utility token that represents the GLOBCOIN platform used to issue and access various currency baskets; and the “GLX”, a token representing the GLOBCOIN currency basket linked to the 15 largest fiat world currencies and Gold.

We have made this infographic to illustrate it better:

Please note:

• The GLX will not be subject to a Token Sale.
• With the GLOBCOIN platform, you can access various currency baskets, including (but not limited to) the GLX.
• The GCP has a limited supply and there will not be other GCPs issued in the future. GLXs do not have a supply limit.

Learn more about GLOBCOIN tokenomics here.

Written by: Eva — GLOBCOIN Community Manager