Anybody looking for information about G-Global will definitely be shocked to see that Google, which supposedly knows everything, has nothing on this firm. For this reason, it is incumbent to draw a conclusion that G-Global is a Ponzi, a scheme designed to con innocent investors. The company’s website may warrant a little legitimacy, but that alone is insufficient.
What Is G-Global?
This is decentralized consulting ecosystem that operates on the basis of blockchain technology. The project is still in developmental stages, but plans for an upcoming initial coin offering are in advanced stages. Using its team of leading experts, the platform entices customers with the promise of continuous profits in the ever fluctuating digital currency sector. The crowdsale is scheduled to start on 5th May this year and go on up to 6th June. It will be preceded by a presale which should start on 1st March to 1st may, barring any inconveniences.
The main cryptocurrency in the platform will be Ethereum. Every member is to be allocated a stipulated amount of time with a market expert to help them in making investment decisions. As a security measure, the project will store details of all transactions using the IPFS protocol. Typical of blockchain-based transactions, all dealings will be transparent and intermediaries are also absent.
G-Global Consulting Marketplace Service Features And Plans
The G-Global system is entirely automated, relying on the capabilities of an expert system to analyze markets and generate profits. The system will use smart contracts to verify all transactions and thus eliminate fraud. Also, the ecosystem plans to launch a cryptofund from the monies collected in the ICO, which will amount to $50 million.
After the crowdsale, the company intends to develop a fully-fledged video consultancy platform. This will be followed by ingrain of the ERC20 blockchain Token. Later on, the enterprise will create and promote their own investment fund.
Can You Trust G-Global?
Going by the excellent documentation and content in the project’s website, an investor may be tempted into thinking this program is legit. The webpages are well curated, and can easily be mistaken for a genuine business. However, the lack of further info outside the site is worrying and casts doubts over the credibility of G-Global.
For now, one can play the waiting game and see how the upcoming ICO unfolds. Nonetheless, the safest bet is keeping away from the dealings of G-Global, since it seems to lean towards the scammers’ side.