2018 is the year the GLOBCOIN platform is born.

First it was an idea in 2016; and then a concept crafted into a real project in 2017.

Taking something from the real world that works, makes sense. Most products are an improvement on something that already exists — an improved TV with sharper pixelation and more channels; a faster aircraft with more seats and less emissions — the list is endless. But Ethereum really is a game-changer. It’s not a step up, or a jumping 2 steps ahead: it’s like jumping from the staircase onto a new travelator.

Take a real product. Add Blockchain technology. And you create a chemical effect — you’re changing the composition of the original into a new compound. That’s what we realised we could do in 2017. We spoke to current and potential future customers and listened to their feedback, as a result we adjusted the platform concept to accommodate future baskets of currencies, include our first one, the powerful GLX; we committed to using the Ethereum network, rather than more conventional methods; we decided to launch an ICO for the GCP token, as the only way we could really reach out to everyone, not just a very limited number of interested parties.

So now we’re in 2018. The GCP token sale was great. Now we can move on to making our vision real, and sharing the benefits of currency management with the greater community. We’ve run currency baskets in real life; we’ve checked the crypto concept with current customers; we are ready to launch the platform, launch the first basket, and move on to other baskets. We’re really looking forward to 2018.

Written by: Linda Leaney — Globcoin CFO