An introduction to the GCP, our utility token

Globcoin.io
Globcoin.io
Published in
1 min readJan 20, 2018

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“GCP” is an abbreviation for Globcoin CryptoPlatform. The GCP is a utility token, which gives access to the services provided by Globcoin.

What is a utility token, anyway?

A utility token represents access to a future product or service. When you buy a utility token, you get access to a service that’s being developed by a company or start-up, once it’s finished and launched. An ICO for utility tokens is often used to raise funds for the development of a project.

How can I benefit from your utility token “GCP”?

Globcoin decided to raise funds via a token sale to facilitate its rapid expansion to world markets and integration of Blockchain Technology. The GCP comes with these benefits:

  • Access to currency baskets available in our platform, such as the GLX (but there will be more).
  • Exchanging Fiat money for GLX and GLX to Fiat money, as many times as you wish.
  • Direct trading on the Globcoin Exchange (meaning you benefit from the liquidity of our platform)
  • Please note that the GCP utility token has a limited supply.

Written by: Eva — Globcoin CMO

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