GX Blocks : Introducing energy to Blockchain
INTRODUCTION: GX Blocks is a platform that plans to introduce the fintech field with reliable energy and blockchain products.
The main purpose of GX Blocks is to establish the first inexhaustible energy production which investors would indirectly earn from clean energy plants and gains from the mining operations that would allow users to earn and at the same time reduce the rate of carbon emissions.
GX Blocks do not only offer mining opportunities but it is also an all-in-one platform that makes it possible to swap cryptocurrency and an extensive wallet. It would be possible to contribute to a part of the masternodes and earn rewards from the output. Masternodes are not available currently but would be expected around October of 2020 to March of 2021 with coins like Ethereum, Polkadot etc.
ABOUT: The pre-sale period has been extended to 30 September, 2020 to allow customers build their confidence and economic stamina after the COVID-19 pandemic. The plans would not change again no matter the circumstances, the creation of the GX platform would still take place. The funding would be gotten from their private funding and private operations because the sale does not depend on the Pre-sale Contract Offering. GX Blocks believe in transparency and genuineness thereby gaining the community's trust.
692 GX mining contracts were sold around 20th of July, 2020 and has reached more than half of the soft cap which is 1250 GX contracts. Mining operations would start 60 days after the pre-sale period. First returns would be received after the first month of mining which is after the pre-sale and 60 days wait.
The current prices of the GX contracts are $280 for soft cap, $550 for middle cap and $1000 for large cap. The payment options are bank transfers using Visa or MasterCard and Paypal coupled with other payment means like Coinbase and CoinPayments. Different cryptos like ETH, LTC, DASH, XRP amongst other coin wallets are also accepted when paying with cryptocurrencies.
PROBLEMS AND SOLUTIONS OF GX BLOCKS PLATFORM
- Restrained permission to advanced technology: There are existing platforms that can carry out the full process of the blockchain payment but would be needing difficult and complex steps to complete. There are hidden expensive fees, linkmen and slow and intricate procedures.
Solution: GX Blocks has provided means of transparent and open access to users through the use of blockchain technology and decentralization. A new computing power contract has been put in place to obtain blockchain products without hidden fees. - The storage of waste energy production: Energy is now produced in excess thereby causing waste. This problem begins with renewable energy not lasting after a long time. It should therefore be made and used within a short period of time to avoid wastage.
Solution: GX Blocks plans to solve this issue by creating a business model that would combine mining units to renewable energy sources. The power essentials of mining operations would be reduced by 20% while making use of the liquid cooling process.
Useful Links :
(Website) : https://gxblocks.com/
(Twitter) : https://twitter.com/GxBlocks
(Facebook) : https://www.facebook.com/gxblocks/
(Telegram) : https://t.me/gxblock
(LinkedIn): https://www.linkedin.com/company/26270450
(Medium) : https://medium.com/@gxblocks
(Whitepaper) : https://gxblocks.com/wp-content/uploads/GX%20Blocks%20Energy_Bitcointalk_6_20_2020.pptx%20
(Ann Thread) : https://bitcointalk.org/index.php?topic=5257397.0
Publishers Details :
Bitcointalk Username : Ochawawa
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=2830371