GXChain


Name

GXChain

Summary

-GXChain is a core blockchain for the global data economy to create a trusted data internet of value.
-It was founded by Mcqueen Huang, and Andy Tu in 2017
-GXC has three products: GXChain, a Graphene-based delegated-Proof-of-Stake (DPoS) blockchain; Blockcity, a shop for decentralized apps with a "Mining incentive," and a decentralized data marketplace.

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Rating

B

Symbol

GXC

Overview

GXChain, launched in September 2017, is a blockchain-based online marketplace for file storage and personal data. It verifies the users' genuine identities and allows them to store and manage their information securely. GXChain assigns each user a unique general identity (G-ID), which will enable them to interact with a variety of blockchain-based decentralized services while preserving control over their data.

Users give GXChain permission to store whatever data they desire. Since GXChain does not cache any user data, it is asymmetrically encrypted and saved on the GXChain’s sidechain. All data-key information is saved locally, and other users on the GXChain network cannot access it. The GXChain whitepaper outlines plans for a GXS to GXC token swap, which was eventually held in the fourth quarter of 2018 at a 1:1 ratio.

Historical Price Movement (in INR)

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Technology

GXChain's data marketplace is powered by a Delegated Proof-of-Stake (DPoS) consensus method. GXChain has functions including G-ID, GVM, BaaS, and Blockcity useful for application development.
It is an EVM-compatible public blockchain
Use of native tokens in the ecosystem:
The GXC token can be used in the network's consensus mechanism for staking or delegation and unlocking new features.

GXchain Foundation

51%

Early Investors

10%

Token sale

24.51%

Blockcity Mining Pool

5%

Community Developer Fund

9.49%

Volume (27th March 2022)

$7,276,248

Total Supply

99877028

Circulating supply

75,000,000.00 GXC

Crowd Sales

NA

Country

China

Name of Organization

GXchain Foundation

Year Incorporated

2016

Registered Address

Primary Office: Building 1, Room 708 Zheshang VC Center, Xihu District Hangzhou, Zhejiang China

Dispute Resolution and Governing Law

China

Country Risk Assessment

A2

Founding Team
NameDesignationEducationExperience
Mcqueen HuangFounder and CEOShandong University of Science and Technology: Bachelor of Science - BS, Computer Science13 Yrs
Andy TuCo-FounderHunan University: NA5 Yrs