Gold Bits Coin GBC to Harmony ONE Exchange

Crypto Pair Details: GBC to ONE

Gold Bits Coin GBC

GBC, Game Bank Coin in short, is the token issued by I.H.C platform in accordance with ERC20 standard. The cryptocurrency is used for ads auction and other transactions on I.H.C platform. GBC can be traded freely after the pre-sale and will be listed on serval digital currency exchange within the shortest time. The total supply amount of GBC is 3 billion and will never be issued additionally. The subscription is open to early investors in order to raise money for the platform development. Besides, GBC can also act as incentive for the contributors of I.H.C ecosystem. GBC will also be circulated on the third party digital currency exchanges.

Harmony ONE

Harmony’s open, decentralized network is enabled through the use of the native protocol token - Harmony ONE. The token incentivizes and rewards a variety of participants including developers, validators/stakers, investors, and community members who develop, secure and govern the network. In order to use the network, users pay a small transaction fee denominated in the native Harmony token. Harmony’s scalable, high-throughput protocol is powered by a native token which is used for various forms of payment and participation in the protocol (staking, transaction fees, voting & governance). Harmony uses blockchain to align incentives of different stakeholders, developers and businesses while allowing them to build open marketplaces of fungible and non-fungible tokens and assets. Furthermore, the upcoming application of zero-knowledge proofs will allow Harmony to become a data sharing platform that can overcome the conflicting problem plaguing many information and data markets: that individual market participants’ have mutual distrust to share data but strong desire to acquire data themselves. The Harmony token will function in the following aspects of the protocol: The token is used for staking, which is necessary to participate in the POS consensus & earn block rewards and transaction fees. The token is used to pay for transaction fees, gas and storage fees. The token is used in voting for on-chain governance of the protocol.

SOURCE: COINGECKO

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