The Difference between “GCP” and “GLX”
Published in
1 min readDec 26, 2017
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