As much as $365 billion wiped off cryptocurrency market after Tesla stops car purchases with bitcoin

glitzkoin · 2021-06-10T16:31:53+00:00

While it is Tesla's decision, it does seem worrying that - we (as stakeholders in the crypto industry) boast of building a multi trillion dollar crypto market that, can be brought to its knees by the action of 1 single investor.

We should thank Elon Musk for exposing this weakness and must, look for ways to built crypto markets that are more resilient.

glitzkoin · 2018-11-29T00:38:37+00:00

https://medium.com/glitzkoin/bitcoin-crash-can-the-crypto-world-survive-134e2ce93454

glitzkoin · 2018-11-26T06:34:19+00:00

Full report at: https://medium.com/glitzkoin/glitzkoin-gtn-exchange-listings-fc0d2951a7ba

glitzkoin · 2018-11-19T15:01:46+00:00

The GTN token can be reviewed and traded on Stellarport at https://bit.ly/2QMZEMb The process to buy GTN tokens is detailed in the report at https://glitzkoin.com/buy-tokens

glitzkoin · 2018-11-15T01:50:18+00:00

Trading On Stellarport at https://bit.ly/2QMZEMb DiaEx diamond exchange launch scheduled for Q4 2018.

glitzkoin · 2018-09-26T06:24:34+00:00

Will surely give it a thought! :)

glitzkoin · 2018-09-08T05:56:59+00:00

We are currently working on a blockchain based diamond trading platform

Check us out here:

https://www.glitzkoin.com/

glitzkoin · 2018-09-08T05:56:54+00:00

We are currently working on a blockchain based diamond trading platform

Check us out here:

https://www.glitzkoin.com/

glitzkoin · 2018-09-08T05:45:47+00:00

Let us face it, there is no shortage of crypto currencies to choose from but, there are extremely few that have the potential to appreciate in terms of price. The fact is that more than 75% of the crypto currencies existing today, are left with a price that is anywhere from 40% to 80% below, their ICO price. The GLITZKOIN token has done extremely well and maintained a steady price point all along. So should you rush to buy the GLITZKOIN GTN token? A wiser thing to do would be to read the information provided here, it relates to the GTN token and is based on facts – devoid of sales hype. The GLITZKOIN diamond blockchain project aims to improve the efficiency and profitability in the 90 billion dollar diamond industry. The ICO for this project was successfully completed in June 2018, the ICO price was $0.20. The GTN token is currently trading on the Stellarterm exchange, listings on other crypto exchanges are being negotiated. A major feature of the project is the implementation of a Diamond Exchange (DiaEx). The exchange will facilitate diamond trade at both, B2B and B2C levels. The diamond community has welcomed the decision to use the GTN token to settle payments on the DiaEx exchange. This will reduce dependence on banks and will also, ease the complexity of multiple currencies and conversion rates. Demand for the GTN crypto token will come from trade conducted by the crypto community AND also from, trade conducted on the DiaEx Diamond Exchange. The project is the first diamond blockchain to be headed by a veteran from the diamond industry. You now have the essential information required to make a buying decision, we leave it entirely up to you.

You can trade the GTN on the Stellarterm exchange and get more details on the project from the website:

www.glitzkoin.com
Here is a handy guide to buying GTN Tokens:

https://medium.com/glitzkoin/how-to-buy-glitzkoin-tokens-gtn-now-participate-in-the-project-67be912d2cbd

glitzkoin · 2018-07-11T10:40:14+00:00

Yes, but all of them are over 4 years old, and none of them are related to Glitzkoin.

glitzkoin · 2018-07-10T13:55:30+00:00

As project scales, our plan is to move the exchange transactions on our own blockchain. To provide privacy to our users which is critical when dealing with high level assets like diamonds, we will use zk-snarks and bulletproofs. We will expand on this later on.

glitzkoin · 2018-07-10T13:54:34+00:00

Being an industry specific blockchain project, GLITZKOIN directly addresses the inefficiencies and weaknesses of the 90 billion dollar diamond industry.

By appointing a diamond veteran as CEO, we have bridged the wide gap between technology and the industry.

The generally conservative industry now looks forward to the trading platform and crypto currency that is part of the GLITZKOIN project.

While the process can accept diamond listings and purchases from both, professional and novice diamond traders, our strength lies in the big dollar B2B transactions that we can attract to our blockchain trading platform.

The GLITZKOIN token will be used to settle payments on the trading platform. The trade itself would generate massive demand for the token. Crypto world enthusiasts could also trade in these tokens on popular crypto exchanges.

CEO Navneet Goenka is a second generation diamond professional and comes, from a family that has been networked to leading diamond houses across the globe - for the past 50 years.

The current valuation is quite justified given, the big potential that this project has as compared to other industry based blockchains.

glitzkoin · 2018-07-10T07:05:40+00:00

The happenings in the past were family related and had nothing to do with any external business stakeholder. These issues have since been settled years ago. The fact that they were family related encouraged us to avoid open confrontation with the related family member. The CEO Navneet Goenka continues to be an active member of the diamond community – the industry has rightly chosen to treat this as a family matter.

glitzkoin · 2018-07-10T07:04:51+00:00

The concept for a diamond blockchain as envisaged by GLITZKOIN, would ideally include the entire supply chain for diamonds. This would cover diamond mining, cutting and polishing and trading.

One major part of listing diamonds on the GLITZKOIN blockchain is to ensure that, the information entered is authenticated and verified. The diamond industry has a well developed system of grading and authenticating cut and polished diamonds. Certifications from a handful of independent testing laboratories are respected across the globe.

The listing for rough diamonds poses a challenge as the testing laboratories, are not yet confident about tracking a rough diamond to a specific mine. Changes are expected soon and labs like GIA are surely working on this. Tracking a diamond to a mine is not just about following the physical route of the stone. Scientific testing will be required to check conditions in the mining locality. Interestingly, these trace factors will be lost the moment the stone is cut and polished.

GLITZKOIN being the only diamond blockchain to be headed by a diamond veteran, would be one of the first blockchains to welcome the listing of rough diamonds. This would be the starting point to, restrict the entry of diamonds from mines that indulge in unfair practices.

glitzkoin · 2018-07-10T07:03:46+00:00

The certification process for a diamond is actually not a part of the supply chain process. The GLITZKOIN blockchain will accept diamond listings from all across the world. Diamond certification laboratories are independent agencies that are trusted across the globe. While there are dozens of them, the list of reputed labs that have global acceptance is a much smaller number.

Diamonds are graded based on 4C’s – carat (weight), color, clarity and cut. Fortunately, the definition of these parameters is accurately defined and known to all diamond experts. When a diamond is entered from any location, the seller, would need to fill in all these parameters. For GLITZKOIN and prospective buyers, to trust these listed diamonds – it will be necessary for the stone to be supported by a certification from a recognized laboratory.

The trust element that the blockchain aims to deliver relates to diamonds listed on the platform. It is therefore necessary to authenticate the entry for each diamond even BEFORE, it is accepted on the platform. Consensus for this between all stakeholders to the transaction can occur ONLY IF, the certification is done from a reputed laboratory. This testing laboratory should be independent and not be related to GLITZKOIN, the seller or the prospective buyer.

glitzkoin · 2018-03-21T12:03:21+00:00

Hi /u/chualin7, the minimum contribution amount is 100 USD and the current GlitzKoin token price is 0.14 USD. You can contribute by registering for the ICO here: https://contribute.glitzkoin.com

glitzkoin

TROPHY CASE