Evolution Of Token Sales gbx.gi gsx.gi by Nic ick Cowan CEO
History of Databases 2 Present • Distributed and decentralized 2000’s database • Cloud Database • Incentives to 1990’s work correctly • Centrally controlled • Secure and cost • Expensive • Connection through effective the internet • Single point of failure • Data stored on local and exposure. • 1980’s private databases • No Connectivity • Data stored on each machine
Blockchain Basics 3 1 2 3 3 A wants to transact The transaction is The block is broadcast to value with B. represented as a every party in the network. ‘block’. 4 5 6 The Block is then added to the Those in the network approve The value moves from chain, which provides a record that transaction is valid. A to B. of transactions.
Evolution of Networks 4 Bro roadband Netw twork Social Med edia Netw etwork Blo Blockchain Netw twork Increasing users The more users present Decentralized • • • increases the value of on social media, the applications (dapps) are existing users. more valuable for all built using blockchain The Internet had a low users involved. technology. • user base value. The value of the Each additional • • As the internet grew network arises from application and user for • with more users, it the participants whom a blockchain platform grew in value to form part of it. increases the value for existing customers. existing users.
Mainstream Adoption 5 March 2017 Sept 2008 Aug 2014 Microsoft, JP Morgan, Toyota, Satoshi Nakamoto Ethereum raises 18m USD Intel and others form the publishes Bitcoin in biggest crowdfunding Ethereum Enterprise Alliance. Whitepaper. campaign at the time. Oct 2012 March 2016 The Future Bitpay reports having Japan recognised currencies Regulation around token sales 1000 merchants like bitcoin to have ‘money creates legitimacy and enables accepting Bitcoin. like’ properties. mainstream adoption.
Gibraltar - DLT 6 The ‘Nine Principle s’ require that a DLT firm must: Maintain adequate Act with honesty Be fair, clear and financial and non- and integrity; not misleading; financial resources; Proper regard to Protect of client assets Have effective risks to its business and money when it is corporate governance and customers; responsible for them; arrangements; Maintain Plans for the orderly and Detect and disclose high security solvent winding down of financial crime risks; standards; its business.
Token Types 7 At At a a hig high lev level, , we can can ca cate tegorise three types of of di digital ass assets as as foll follows: Medium of Exchange Digital Assets Utility Tokens Tokenised Securities Digital assets can also serve as digital representations of tangible assets. There are also various other possible types of digital assets and more will undoubtedly emerge.
What Is A Token Sale? 8 Te Term rminology cha change ges with th de development: IC ICO, TG TGE, , IT ITS, IT ITO – Tok Token Sal Sale • The flex The flexibility an and spe speed to mark arket of of tok oken sale sales has has crea created a a fu fundamental cha change in in • fund rais fun raising. Companies, esp Co specially st start up ups hav have gai gained un unprecedent new new for forms of of fund funding. • No o cla claim on on equ quity, , bala balance she sheet, t, re revenues or or PN PNL of of com company. •
The Crypto Landscape 9 Many new cry ryptocurr rrencies New Cry ryptocurrencies A lo lot t of f new coins ar are lac lack te technical l inn innovation or r a a are cre ar reated on a a weekly ‘forked’ versions of useful pur us urpose, commonly basis. . existing coins. known as ‘ Shitc tcoins ’
The GBX Approach 10 Institutional grade token sale GBX Account holders can platform, based on best trade digital assets in a practices and good secure exchange governance. environment. Token issuers are guided Whitelisted account through the rigorous listing holders gain access to process by Sponsors; token sales in the GBX experts in token sales. Grid.
GSX Moving Forward 11 Pathway from listing and trading initial token Fully blockchain enabled by License extension to enable sales through to accessing funding via the Q4 2018. trading of security tokens. traditional market issuance route.
The Future 12 Tokenized Economies National l Sta table le Coins Im Immutabili lity Eff fficiency
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