In a nutshell, this new Korean projects aims to produce a user convenient platform with different dapps and dual cryptocurrency payment system.
Using the two different cryptocurrencies in one ecosystem allows going beyond some technical limitations like slow speed or low bandwidth of transactions.
GMB coins are called Master Coin and Branch Coin. First one is the key currency in the ecosystem. Master Coin will be also listed on the exchanges and its rates can be volatile. According to the official project’s website listing on IDAX and LATOKEN Exchange is already confirmed.
The second one will be issued for each country and the values of each Branch Coin will be set according to the local fiat currency. What makes the Branch Coin much more stable than Master.
Exchange of Master Coin and Branch Coin will be possible through GMB DEX, project’s own decentralized exchange.
More details about these coins you can see on the picture below:
Branch Coin can be changed with Branch Coins from other countries. Details below:
Using both currencies enables to store the asset and use it in a real life. It will significantly increase the transaction processing speed and scalability of services.
What makes the GMB project unique is the high speed of transaction processing thanks to the well-suited hardware equipment (Mikkschain Solution) and consensus POPS (Proof of Power Specification & Stake).
The platform itself can be applied to service platforms in various business fields. As a first example, GMB shows TravelSpace, a travel specialized community service, a dapp created by the team. The main idea of this project is changing the concept of travelling from ‘consumption’ to ‘profit’. Travellers will have an opportunity to register various travel experiences, such as travelogues, photos, pictures, videos, and etc. as travel content, and receive rewards.
How exactly these scheme supposed to work you can check on the picture below:
Nowadays the hype is a crucial thing for every team to have their tokens to be sold. Let’s have a look at how what is the GMB situation on that point:
5664 members has GMB Telegram channel.
3372 Twitter users follow the GMB profile
And what is interesting the team decided to not use Facebook as a promotion channel. It could be caused an anti-crypto Facebook policy or the uselessness of this social media in ICO promotion.
I can’t say it is the worst result I’ve seen in projects but still, there is a lot of work ahead to increase the hype. Despite pretty weak number project gained an impressive number of partners. It is enough to mention a couple of them like: Hackers lab, Blockchain Forum, CN Plus.
The GMB team is pretty big and consist of the experts mainly with business and marketing background. The technical department is also big enough to handle such as complex project.
Jefferson Kim CEO & Founder
Samuel Karamanis CCO & Cofounder
Jong Han Lee Cofounder
Seong Kee Kim CTO
Kay Cheong CSO
Danny Jeong COO
Indi Yoon Strategic Planning Director
Byeong Doo Jeong Blockchain Development
Jong Man Yang Blockchain Development
Jungmin Lee Blockchain Development
Lucy Mun Financial Officer
John Lee Marketing & Communications
Gina Lee Global Management
Jefferson Huang Global Management
Eduardo Buritica Global Management
Seo Kyung Jang Web Designer
Hye Ri Ko Web Development
Seong Jae Heo Service Development
Hye Ji Lee Web Publisher
All of the team members have their profiles in LinkedIn.
The team is supported by the advisory board consisting of:
Dr. Park Ki-Tae
Kyung Soon Choi
More about the project you can read in links below:
Social media channels