KYC Submission: GXE/GXVC dividend whitelist

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Ø Crypto Union
Published in
2 min readMar 16, 2018

Dear GXCommunity

The GXC token sale took place during August, 2017. At that time, a KYC submission was not required to participate. Following project redevelopments, GXC holders were offered the opportunity to exchange their GXC holdings with GXVC ahead of the then-upcoming GXVC token sale. In furtherance, GXC holders who chose not to participate in the token-swap received a proportional amount of GXE via an airdrop.

GXVC is a venture capital cryptocurrency that offers exposure of the underlying equity to its owners. Crowdsale proceeds are injected as seed capital in to small businesses. Investment returns are proportionally distributed quarterly to all GXVC token holders as dividends. Geneviève will tokenize ventures on the Ethereum blockchain before listing them on its own signature token exchange platform. Listing fees will be payable in GXE; this coupled with trading transaction fees will facilitate quarterly dividend payments to token holders. Furthermore, GXE will act as a gateway to access Genevieve’s crypto wealth management services; namely, these include a wide array of consulting and financial services. Moreover, token holders will have access to Lombard cryptocurrency credit and other banking services as per their stakes.

The dividend right offered by GXVC and GXE is a security-like characteristic; consequently, regulatory authorities require Geneviève to have access to certain fields of information regarding our community. Resultantly, Geneviève is launching a dividend whitelist; GXVC and GXE holders will be eligible to receive dividend payments conditional to a KYC submission. Alternatively, GXE can be sold back to Geneviève at $0.02, approximately, through the cryptocurrency market. The deadline to qualify for the dividend whitelist is March 31st. Should you wish not to, both assets will remain tradable on the open market.

GXE is now listed on the Bitpaction cryptocurrency exchange. Token holders are free to trade their tokens without partaking in the KYC process; however, as mentioned, failure to offer a submission will void any token-associated economic rights. Alternatively, GXE can be traded though OTC transactions.

The KYC link will be posted shortly.

NOTE: The above deadline pertains to the next dividend round. KYC submission received after March 31st will qualify for the then-upcoming dividend payment.

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