GBEX JOE Profile picture
Jun 16 7 tweets 2 min read
Changes for $GBEX Voted on the Community in April: 🧵 🧵🧵

🧵1 of 7

The Bank Project Believer - Use the scheduled burn events to get more funds and start a second funding round of 150T tokens + allowing a 10% GBEX Staking (On top of holding rewards)

#GBEX #XDC #Crypto $XDC
Globiance would become a global bank with all traditional services plus the cryptocurrency and blockchain advantages most quickly.

Users would be offered holistic services while GBEX holders would get more rewards from transactions.

🧵2/7
Globiance would cancel the burn events and triple the taxation on trading fees for all Globiance internal trades on CEX and DEX to 12% (6% burn and 6% rewards).
Corporate and retail users still pay 4% tax as usual. Globiance buys back GBEX for trading fees.

🧵3 of 7
The buy backs start as soon as the stocks are all sold. Price is expected to reach higher levels in the middle and long term.

Benefits:
1) Maximum burn in the long term.
2) Holders would get more rewards faster
3) Potential of a minimum five big exchange listings

🧵4 of 7
4) Build a strong presence in multiple metaverses to be the real and virtual bank of the verse and metaverses.

5) Bigger marketing budget (Get well-known stars and influencers for our campaign, more TV advertising like football, global events, media, newspapers etc.

🧵5 of 7
5) Banks in North America and/or Asia to:

-Offer lending products
-Offer a security token platform
Implementation of a funding platform
-Offer day-to-day products
-Reduction of the road-map execution time, while keeping the top quality of products

🧵6 of 7
Cons:

Scheduled burn events cancelled, daily burn events still ongoing.

Conclusion:

The community voted on this to be the route that Globiance takes with $GBEX. This will be huge for the project in 3 - 5 years time. Ambitious as it is, Globiance will get it done!

🧵7 of 7

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