CGCX (Calfin Global Crypto Exchange) will be an exchange platform for exchanging cryptocurrencies to fiat currencies and other cryptocurrencies with friendly interface for individual investors as well as institutional traders. It will provide these services:
Beta version will be available in June 2018; launch of ICO platform will be performed in July 2018 and smart contracts – in September 2018.
Make note there are no GitHub links, so the community can’t examine code of the product.
WP and website contains only information about soft cap and hard cap (USD 5 mln soft cap achieved; hard cap is 117647 ETH), token allocation (50% will be sold, and team and founders will receive only 20% with blocking up to 4 year). 30% of funds received will be used for product R&D, and 15% - on business development. No information about planned expenses was presented.
No marketing strategy was presented in WP, which is very strange for a project with ambitions to become a global leader in crypto exchange and blockchain solutions. There were presented only plans to starting work in different countries (Q2-Q4 2018 – from Singapore to Bahrain and UAE).
Team has a good experience, real Linkedin profiles and has members specialized in all actual directions (management, finance, fund management, IT, blockchain, marketing).
No market information was presented in WP, despite of ambitious plans.
No clear information was presented. Probably it will be all traders and investors community.
Main advantages of the project are, according the WP, unifying all services for traders and investors (not only crypto-investors) in one product; insuring the ICO investors; own merchant platform. WP contains no comparing with any possible competitors.
Project strong sides: one product for many purposes; insurance; merchant platform.
Project weak sides: no market strategy and analysis presented; no GitHub link.
So our position is neutral.