Glitzkoin ROI% Beats BTC DOGE ADA Oct-Dec 2021

After a slowdown during the peak pandemic in 2020, there were multiple indications signaling better days for the Glitzkoin project and GTN token in 2021. While it would have been unwise to tout positive developments in early 2021, we are fast nearing the end of 2021 and some mentions are in order.

Glitzkoin has repeatedly stressed the importance, of giving attention to the ROI (Return On Investment) factor, when evaluating cryptocurrencies. Interestingly conventional investments like stocks and gold, have always been assessed on ROI%. Crypto investors have for some reason, focused mainly on price and marketcap size for assessing investment options. While these are not factors to be ignored, ROI should also figure prominently in decision making.

So if you had to summarize crypto performance from October to December 2021, the amazing thing would be that the Glitzkoin crypto, outperformed some very widely touted cryptocurrencies. Glitzkoin GTN surged from $0.25 to $1.20+ (20 December 2021) during that time period. That amounts to a 400%+ ROI. This performance was not due to massive media hype, or paid social media posts from well-known crypto ‘gurus’.

Among the most talked about cryptocurrencies in 2021 were Bitcoin, DogeCoin, XRP and Cardano. This obviously meant that they also received the maximum exposure and attention. Interestingly none of these cryptocurrencies, could match the October to December 2021 ROI% recorded by Glitzkoin.

We saw two serious attempts to push up Bitcoin prices, during the same time frame. Should also mention the pump talk that Elon Musk made about DogeCoin. At the end of the day neither BTC nor DOGE, could match the big ROI% delivered by GlitzkoinGTN.

Would be incomplete to end this report without a short explanation. The impressive performance of GTN, was not a matter of chance or coincidence. Several positive developments related to the project and the token, improved investor sentiment. Increasing exchange listings for Glitzkoin GTN from 2 to above 10, the preponing of the DiaEx launch from 2022 to October 2021 and the completion of development work, related to the MyTicket-Glitzkoin partnership – were some of the highlights of 2021.

The Glitzkoin GTN token which was ranked fairly low (at around 2,000+) on CoinMarketCap in early 2021, now appears within the top 300 cryptocurrencies globally. We move into 2022 with the same level of dedication and commitment fully realizing that, we would never have reached this point, without the sustained support of our well-wishers and investors.

Thanking you all for your motivation and support, thank you for having faith in Glitzkoin and the GTN token.

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GLITZKOIN: A quick recap of the Glitzkoin project and the GTN crypto token.  The project was launched to improve the demand for natural diamonds and to enhance, the efficiency and productivity of the multibillion dollar industry.

The DiaEx diamond trading platform was developed using Stellar blockchain resources. The GTN token was launched as part of the project and is designated, as the mode of payment on DiaEx. Promoted by second generation diamond veteran Navneet Goenka, Glitzkoin assigned a multifaceted role to the GTN token. 

The trading platform was completed in 2019 and was put through rigorous testing in early 2020. A team of diamond dealers subsequently did a pilot run on DiaEx with, actual transactions made on the platform.  This process was largely successful and revealed a few areas for improvement. The Glitzkoin tech team was handling the minor adjustment when, the pandemic and subsequent lockdowns slowed down the process. The management will reschedule the full launch of DiaEx once the health crisis eases.

Talking about the multifaceted nature of the GTN token, the project is also focused on further increasing usage for the crypto – this aside from crypto exchange trade and the payment usage on the DiaEx platform. The concept is to have operators of various businesses, accept the GTN token as a mode of payment in their operations. Moving this idea forward Glitzkoin has confirmed a partnership with online ticketing giant Myticket.asia, wherein clients of the ticketing portal could use the GTN token as a mode of payment. Technical requirements for the integration of systems on both sides is at an advanced stage, nearing completion. Reviewing the challenges that the entertainment industry has been going through during the COVID pandemic, both managements have decided to set a launch schedule when the situation starts to normalize. The arrangement setup between Glitzkoin and Myticket.asia will form the blueprint, for similar deals to be negotiated with other business operators.

 

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