As a veteran from the diamond industry who became interested in blockchain and digital currency, Glitzkoin CEO Navneet Goenka applauds tech guru Elon Musk.
The tech pundit has recently tweeted some sweet things about cryptos. The first widely publicized tweet mentioned that, Dodgecoin was his favorite crypto. Then came the tweet where, he had some nice words to say about Bitcoin. Elon Musk even voiced the opinion that, cryptos would ultimately replace conventional cash – not much elaboration provided on that.
Glitzkoin CEO Navneet Goenka, sees Elon’s tweets as an inspiration for the crypto world. In his words, ‘… Elon’s interest in cryptos seems to be fairly wide and not, limited to BTC and ETH. This is great news for the financial world in general and the crypto community in particular…’.
The diamond veteran also mentioned that, Elon Musk valued at over $20 billion is surely not chasing quick crypto profits. The outspoken CEO quipped, ‘… we have had some high profile personalities, openly favoring Bitcoin to the extent that, they appear to be advertising the crypto. Elon Musk comes as a refreshing change, he surely does not fall in that, pump and trumpet category…’.
Not so long ago we heard Changpeng Zhao CEO Binance, highlight the need for ‘real’ projects promoted by true ‘entrepreneurs’. CZ as Changpeng is fondly referred to as, was obviously thinking about bridging the gap between the latest technologies (blockchian and digital currency) and the real world business. It is no secret that CZ has been trying to draw Elon Musk, closer to crypto space.
Glitzkoin: One of the very few successful blockchain projects to make a direct connect with the business world, the Glitzkoin diamond blockchain is promoted by second generation diamond veteran – Navneet Goenka.
The project includes a comprehensive diamond trading platform DiaEx that supports, both B2B and B2C trade in the glittering stone. The GTN token launched as part of the project, is the designated mode of payment on DiaEx. Trading since July 2018, the GTN token has always maintained an impressive price level. Now trading on 3 exchanges (Dobitrade, Cointiger and Stellarport), the token trades at around $0.25 to $0.27 (June 2019). This is an impressive appreciation of around 25% to 35%, when compared to the June 2018 ICO closing price of $0.20.
Strongly supported by the crypto community, the Glitzkoin GTN token will soon have an additional stream of demand when, the DiaEx platform will be implemented (Q2-2019). Diamond traders operating on the platform, will purchase the token on exchanges to fulfill their payment obligations.
With Glitzkoin CEO Navneet Goenka, pushing for a wider use of cryptos, the project is currently exploring an innovative option that would further increase demand for the GTN token. Negotiations are underway with a range of businesses, this to have them accept the GTN token as a mode of payment in their business operations.