The key questions we got asked at the Crypto Investor Show
The Crypto Investor Show is the biggest crypto-blockchain event for investors in the United Kingdom. GLOBCOIN was there for the 2018 edition (with more than 3,500 attendees), not only with a team at the stand talking all day to the community; but also with CFO Linda Leaney discussing ICOs and regulations at the main stage with an expert panel; and our CEO Helie d’Hautefort presenting GLOBCOIN as the Stablecoin for the Global Village.
After the presentation, which you can see in full on the video above; a few interesting questions came up. These are the answers given by Helie.
Question: What is the difference between GLOBCOIN and X8X?
Helie: It is not in our policy to comment on other programs. What we can say is that, when assessing or comparing programs, any investor should look at:
- Length of real track record, not a simulated one.
- Amounts managed: Our team has managed 23 bio. USD in currency risk; that’s why when we look at the 2.4 Bio. market cap of Tether, we think there is much more room for new products, if investors are offered good alternatives and we have the necessary experience to take a slice of the pie.
- Investment or allocation process for Stablecoins : Is the stability coming from the construction process, or a belief in the model that you have built? How can you be certain it will provide a stable performance?
Question: You think there’s room in the market for more products to compete with Tether? it’s becoming a saturated market, what will set you apart?
Helie: I was in the U.S. and met with a lot of hedge funds that were looking to replace Tether. Their market cap is 2.2 billion USD — I would be happy just to have 20% of their market share! I definetly think there is room for good products. There is a need for good products. There are actually many Tether users admiting they’re not too confortable because it feels risky. So you can imagine, that market would be 10 billion USD if there were a feeling of safety.
Question: How are u dealing with regulation?
Helie: Right now we’re launchng a utility token (the GCP) under Swiss regulation, so that’s all good. The next step is to get all regulations for the currency token. We are obliged to.
Question: Why should we trust your team?
Helie: We used to manage a 23 billion USD business. You can easily check our credentials and our background as one of the largest currency managers in the fiat world.
