BSC Month Series: CoinTiger AMA Recap with GCR(Gold Coin Reserve)

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CoinTiger

5 min readApr 10, 2021

CoinTiger has hosted the AMA session together with Gold Coin Reserve, which is developing on EU central banking blockchain protocols. GCR is a stable digital asset that is both backed by gold and tethered to the price of gold with a 10% return on the asset when staked.

Session1: QA with the Project representative

Q1. Welcome to CoinTiger BSC Month 🔥🔥🔥 First simple question — who are you?

My name is Ivan and I am the GCR Blockchain Strategist.

Q2. Could you please introduce GCR briefly, sir? 👏👏👏

GCR is three things 1. A blockchain geared toward banking tools and solutions 2. a trading and investment platform 3. A cross chain crypto currency.

Q3. What are advantages of holding GCR?

GCR has high liquidity, with a constant ability for users to sell their coins at market price. They have the benefits of holding a digital asset that is both backed and tethered to the worlds most stable asset, gold. They can use this to hedge against crypto-market volatility as well as earn a staking growth through the GCR Alliance platforms and Tiger bank.

Q4. What makes GCR different from other BSC projects?

There are many but the main ones , The GCR Blockchain is a solution that will meet the regulatory framework that European central banks follow, also It is being built by teams that are already very knowledgable in blockcahin and these banking frame works. GCR Token and blockchain are both useful across multiple platforms. It connects to multiple blockchains (Ethereum and BSC) along with it’s own GCR Main Net. Groups can use the multisig wallets and integrate this into banking.

Q5. What is GCR’s plan for 2021?

The GCR Mainnet is going live this year.

GCR listing on major centralised and defi Exchanges and transferable across BEP20 and ERC20.

Fiat portal — VISA and Bank Transfer both in and out of GCR on certain platforms.

Crypto Lending Services on multiple platforms on our GCR Alliance Platform — Term deposits are going live and also grid trading services will be available.

Session 2: Open Questions by the Community

Q1. Why did you decide to expand your GCR network on Binance smart chain as your platform was already built on Ethereum blockchain- bigeest blockchain nowadays?

There are so many inefficiencies in the modern banking world. So many new opportunities have arisen from the creation of the blockchain that can address these current inefficient operating models. By applying new innovative methods to banking via blockchain integrations, we can create unrivalled value for users in this sector!

Q2. What inspired you to make this project?

Q3. Will staking be available of GCR in future or if available what is APY and its key point and features ?

Staking is currently available on the GCR Alliance Platform trading.goldcoinreserve.io and Tigerbank. The APYs range based on the staking period (8% to 22% at the moment). Don’t forget that you are staking stable coins so the returns are less susceptible to capital gains/loss.

Q4. Many projects are facing hack-attack to its smart contract and mainnet.their mainnet were tested by renowned blockchain company.
So how do you differ to your project?

Our technology on the GCR Blockchain uses different architecture than Ethereum Smart contracts.

It is not centralising the logic of an action or contract.

GCR, in using Multisig wallets that cascade logic through to other wallets and systems actions do not have single attack vectors.

Q5. What are your goals to be reached by end of 2021 to expand GCR network?

The GCR network is already on test net. This network will be truly on another level. It will allow for, among other things, unrivalled compliance of security tokens being built on the network. The other features are still being kept as top secret until the release of the main net. So stay tuned!

Session 3: Multiple-Choice-Questions

The correct answers will be bolded

What trading pair is available on CoinTiger?

A.GCR/BTC

B.GCR/USDT

C. GCR/ETH

D. GCR/BitCNY

2.On which blokchain is GCR based?

A. The Ethereum Network

B. Binance Smart Chain

C.TRON

D.Binance Smart Chain, the Ethereum Network

3. Which one is the official twitter of GCR?

A. @GCR

B.@GCR-COIN

C.@goldcoinreserve

D.@GCRCOIN

4. What are the main GCR community hashtag and cashtag?

A.#GCR, $GCR

B.$GCR

C.#GCR

D.GCR

5.What regions is GCR currently focused on?

A.America

B.China

C.Europe

D.China, Central and South America, Africa, Europe, Australia, the Middle East. We have a specific focus around emerging markets.

About CoinTiger

CoinTiger platform has an ecosystem that includes web, iOS, Android, and exchange service system (e.g Cryptocurrency, FIAT, Future, and Leveraged Tokens Trading, Ticker Capital, Lab, Security Alliance, Tiger Knights, IEO, Tiger Forum), and is now one of the most popular exchanges in the world, which formed sub-branches in countries such as Korea, Japan, Russia, Italy and more. CoinTiger is founded in November 2017 and has exceeded 4 million users today. CoinTiger also provides trading and investing services for 158 countries with over 100 quality assets. CoinTiger is also the first crypto exchange to implement a 100 % equity mechanism for its native TigerCash (TCH) coin. The first thing CoinTiger has done is to serve its users well and deliver secure, efficient, and reliable services with the highest level of global ecosystems, banking security, efficient and best possible product experience, easy and fast transaction services, and a 7X24 customer support team.

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