Luke Smith

Luke Smith

Building the Future of Commerce | GLMall
#103793750 followers3 following
☀️ 2 day streak
>10,000All time
6 KP

About

Passionate about technology, entrepreneurship, and the future of digital commerce. I'm helping grow GLMall. A global blockchain powered commerce ecosystem connecting businesses, entrepreneurs, and consumers across six marketplaces: products, services, jobs, real estate, community support, and digital assets. Our mission is to make commerce more accessible, transparent, and connected through innovative technology, decentralized infrastructure and greater user control over data. Always interested in connecting with founders, builders, investors, and innovators shaping the future of Web3 and e-commerce. 🌐 www.globra.xyz

Badges

Gone streaking
Gone streaking

Forums

•

1d ago

GLMall is preparing its GLX token launch and $2.265M fundraising round 🚀

We're excited to share a major milestone for GLMall, our blockchain powered global commerce ecosystem.
We're preparing for the launch of GLX, alongside a proposed $2.265 million token fundraising round to support the next phase of GLMall's development.
What is GLMall?
GLMall brings six marketplaces together within one connected ecosystem:
Products and online stores
Professional and personal services
Jobs and recruitment
Real estate
GLHelp - community support and donations
GLNFT - digital assets and NFTs
Our goal is to make global commerce more connected, accessible and transparent while giving users greater control over their data.
What makes the technology different?
GLMall is built around GloBra's Chain Code Technology and Parallel Token Solution, with granted patents in both the United States and Europe.
We're developing an ecosystem where user controlled data, digital agreements and blockchain enabled transactions can work together.
Introducing GLX
GLX is designed to serve as the external utility token of the ecosystem, connecting with GLMT, the internal transaction token intended for payments and services across GLMall and GLBrain.
The proposed mechanism allows GLX to be exchanged for GLMT, with corresponding GLX held in escrow as GLMT circulates.
Our upcoming fundraising round
The proposed token offering includes:
Seed Investor Round
Allocation: 225 million GLX
Token price: $0.0042
Minimum participation: $20,000
18 month cliff and 36 month vesting
Presale Round
Allocation: 275 million GLX
Token price: $0.0048
Minimum participation: $1,000
12 month cliff and 24 month vesting
Total proposed fundraising capacity: $2.265 million.
An additional equity conversion arrangement for qualifying seed investors is also being developed, subject to final contractual and regulatory terms.
Building on an existing ecosystem
GLMall has reported:
54,961 registered users
1,099 merchants
124,453 marketplace offers
27.8 million offer views
The GLX smart contracts have also undergone an independent CertiK security assessment, which reported no critic

View more