Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
[PRESS RELEASE – Please Read Disclaimer]
Meta Description: NFT, ICO, Initial Coin Offering, Crypto, Web3, Crypto Investment, Crypto Real Estate
GBR, a blockchain-based ecosystem with a focus on the real estate, gas, and oil industries, officially launched its Initial Coin Offering (ICO) just a few days ago. Through the project’s official website, early investors are now able to purchase the project’s native crypto token, GBR Coin (GBR).
GBR is an all-inclusive Web3 framework for the real estate, gas, and oil industries. The team behind the project has made significant strides over the past couple of months towards their goal of becoming the leading crypto payment gateway in these industries.
Investors that are keen to buy into the project during this early stage will need to act quickly since the team has shortened the duration of their ICO to 2 months. This comes after it was initially planned to remain open to pre-sale investors for the next 4 months.
The GBR team intends to utilize distributed ledger technology to overcome some of the major obstacles in the gas, oil, and real estate industries. Issues such as the lack of transparency, inadequate data security, turtle-paced transaction processing times, and much more are just some of the main issues identified by the team and addressed by the GBR platform.
Token holders will be able to perform transactions within the GBR ecosystem using the GBR token, which is minted on the Polygon (MATIC) blockchain – an Ethereum (ETH) “Layer 2” scaling solution that significantly reduces the costs of transacting with the GBR token and boosts transaction speeds within the ecosystem.
At first, these transactions will be limited to the real estate industry, and will include investing in and purchasing properties. Later on, the ecosystem’s supported transaction types will be expanded into the oil and gas industry.
What sets GBR Coin apart from other cryptocurrencies in the market is the ecosystem’s underlying algorithmic trading bot.
This trading bot is an automated software that analyzes and trades the markets to forecast, and react to, financial market conditions that are constantly changing. In so doing, the ecosystem’s native trading bot will assist in reducing volatility in GBR’s price – a problem that all cryptocurrencies fail to overcome.
Backed By the Best
The team behind the GBR project has more than 25 years of experience in the real estate industry. Furthermore, the project’s headquarters are based in the UAE – one of the top 10 biggest producers of petroleum. This means that the GBR ecosystem is perfectly situated to enter into and dominate the oil and gas industry.
For more information, please visit: https://gbrcoin.io/
The post A Dubai Real Estate Company Is Cranking Up Its Crypto’s Utility appeared first on CryptoPotato.
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.