Glitzkoin GTN Records 500% ROI, Announces Bounty

Kuala Lumpur, Malaysia -- (ReleaseWire) -- 11/29/2021 -- Trading since July 2018 the Glitzkoin GTN token is currently, going through a robust bull run. It is not common for cryptocurrencies with an impressive track record to, organize bounty programs. The general belief is that, bounty programs help boost trading activity for cryptocurrencies that have low trad volumes.

Shortly after the GTN token delivered an impressive 500% ROI within a short span of 8 weeks, Glitzkoin CEO Navneet Goenka revealed intentions to "reward loyal investors and Glitzkoin well wishers". The CEO added that "… GTN investors will decide the fate of the crypto. We will continue to work to improve GTN usage across various industries …".

At the time of publishing this release, the price of the Glitzkoin GTN token has been hovering at around $1.70. A stellar performance if you consider the fact that, the token was trading at below $0.25 just 8 weeks ago. Navneet Goenka talks about the hectic pace at which, Glitzkoin GTN prices have been rising. In his words "… Glitzkoin has always kept its marketing efforts in moderation. We prefer that the project and the GTN token grow organically".

The Glitzkoin GTN Bounty program, will run from 05 Dec 2021 to 15 Dec 2021. It is expected that a large number of bounty hunters, would participate in this program. Besides rewarding GTN investors, the GTN bounty program would also provide increased exposure to the token.

The performance of the Glitzkoin GTN token in 2021, has impressed even seasoned crypto investors. After trading on just two crypto exchanges until April 2021, GTN now trades on over 10 exchanges. This exposed the GTN token to a huge base of crypto investors. Promising to keep this tempo going, Glitzkoin Business Development Manager Lila Ruzaini, confirms that "… the process of listing GTN on additional crypto exchanges will continue …"

The preponing of the DiaEx diamond trading platform launch (from 2022 to October 2021), significantly increased Glitzkoin GTN trading activity. The GTN token is the designated mode of payment on DiaEx. Glitzkoin has disclosed that, plans are underway to develop DiaEx like platforms, to cover a variety of businesses.

For Glitzkoin fans the GTN Bounty Program, could not have come at a better time. While the token is currently at its highest price levels, the token is soon to have an additional usage case – this time in the entertainment industry. Leading online ticketing portal MyTicket.Asia is scheduled to allow its clients, to use the Glitzkoin GTN token to pay for their purchases. The easing of the pandemic, could see a 2022 implementation of this partnership.

Glitzkoin Russian advisor Mikhail Koslov says that, "… the Glitzkoin GTN Bounty program will ensure that a much wider base of crypto investors, would have an opportunity to own and trade the GTN token".

www.glitzkoin.com

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Glitzkoin mentions that Binance and CEO Changpeng Zhao, have actively contributed to the development of the crypto industry.

Kuala Lumpur, Malaysia -- (ReleaseWire) -- 07/20/2021 -- While following up on his promise to add crypto exchange listings for the GTN token, the Glitzkoin CEO did mention that he would get in touch with Binance when the time was right.

In a recent LinkedIn post Navneet Goenka, wished the Binance CEO the very best. This at a time when Binance faces legal complications in a few nations. While stepping away from legal wrangles, the Glitzkoin CEO seemed confident that Binance could overcome the challenges.

Navneet talked about the contribution made, by Binance and its CEO Changpeng Zhao to the crypto industry. In his words, "… Binance set the standards for next gen crypto exchanges. This in a way forced other exchanges to lift, their quality of service and technology. Changpeng Zhao has been an inspiration to crypto space. He and Binance have a lot more to offer to the crypto industry".

Recent tweets from the Binance CEO clearly showed his pro crypto legislation stand. Interestingly Glitzkoin has consistently maintained that, the crypto industry would develop much more if, there was legal clarity.

Glitzkoin Russian Business Advisor Mikhail Koslov feels that, "… Binance must negotiate its legal hurdles. Confrontation will help no one … fortunately the Binance CEO has taken a clear stand in support of crypto legislation. No doubt that, Binance and its CEO have been instrumental in developing, the crypto industry".

Glitzkoin made no comment about when, it would approach Binance for the listing of the GTN token. However as Navneet Goenka noted, "… we have absolutely no reservations, about listing the GTN token on Binance. I have no doubt that Changpeng Zhao will get through these legal hassles soon. He is a tough guy and did surely not have it easy all along as, he steered Binance to the top".

About Glitzkoin
The project focuses on increasing usage of the Glitzkoin GTN token. Included in Glitzkoin are modules like the DiaEx diamond trading platform, that designate the GTN token as the mode of payment. The project keeps exploring the possibility of deploying GTN, as a mode of payment across business sectors and industries.

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Kuala Lumpur, Malaysia -- (ReleaseWire) -- 09/23/2019 -- The NK Fashion Week SS20 was held in London in mid-September 2019. The event was graced by none other than Madeline Stuart, the world's first supermodel with Downs Syndrome.

Glitzkoin the first diamond blockchain and multifaceted GTN crypto token, sponsored the event. Ms Lila Ruzaini, Business Development Manager at Glitzkoin, presented Madeline Stuart at the event.

CEO Navneet Goenka had this to say about the event, '… Glitzkoin sponsors a range of fashion shows and charity events but, the NK Fashion Week was very special. Madeline Stuart is a classic example of how hard work and passion, can help overcome even the toughest challenge. She is undoubtedly a source of inspiration for millions across the globe. We were honored to present her on the occasion'.

Madeline looked gorgeous on stage and wore, the glittering CERES diamond ring presented to her by Glitzkoin. Summarizing the mood for the evening Lila Ruzaini mentioned that, '… the event went far beyond fashion and glamor, it highlighted the efforts put in by Madeline to overcome various challenges. It also highlighted the willingness of the fashion world to showcase very special individuals like Madeline'.

About Glitzkoin
The first diamond blockchain to be promoted by a diamond veteran, Glitzkoin is the brainchild of second generation diamond veteran Navneet Goenka. The project includes the multifaceted GTN crypto token which trades on 3 crypto exchanges. Also included in the project is a comprehensive diamond trading platform DiaEx. Besides trading on various exchanges, GTN is the only designated mode of payment on DiaEx.

https://glitzkoin.com/

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Diamond veteran and Glitzkoin CEO Navneet Goenka, urges businesses to become aware of the community and society around them.

Kuala Lumpur, Malaysia -- (ReleaseWire) -- 06/24/2019 -- Second generation diamond veteran and promoter of the Glitzkoin diamond blockchain project Navneet Goenka, urged the crypto community to help the needy.

The Glitzkoin CEO said, '… don't call me a philanthropist as I am far from being that but, I do feel that businesses should become aware of the environment and society in which they function. It is possible to make a difference without, overspending time or money …'.

In his words, '… crypto activity has brought wealth and prosperity to many, it would be great if these people, shared some of their wealth with the poor and needy. No effort is too small, the help could benefit a single individual or a group of underprivileged (people) …'.

Glitzkoin has conducted a string of charity events in India and Malaysia. In the latest event, the Glitzkoin team headed by CEO Navneet Goenka and Business Development Manager Lila Ruzaini, organized a sumptuous iftaar meal, in a remote Malaysian village. Iftaar is the meal eaten at sunset during the Ramadhan month.

The previous two events focused on children and child education. Children in a school in rural India were provided with school bags, notebooks, pencils and lunch boxes etc. The kids were also served with refreshments and their favorite snacks. In the other event, 200 children in a reputed Bombay orphanage, were provided with provisions, towels, napkins and other daily requirements.

Interestingly, it is not only the CEO at Glitzkoin who is keen on helping the lesser fortunate in society. Navneet Goenka mentioned that, '… Lila Ruzaini Head Of Business Development Glitzkoin, is well known for her social work in Malaysia. Her event, Raising Awareness About Diabetes last year, was highly appreciated in medical and government circles. Glitzkoin is proud to have been part of the event …'.

When asked about future plans for such projects, the diamond veteran was instantly affirmative, '… we will keep moving forward, this is not a one time push. With the Glitzkoin project and DiaEx diamond trading platform showing considerable progress, the entire team is hard pressed for time. But helping the needy is just as important and we will surely continue our efforts. I humbly request other businesses and members of the crypto community to play their part.'

Glitzkoin: Unlike most blockchain projects that are conceived by tech pundits, Glitzkoin evolved within the corridors of the $90 billion diamond industry. Coming from a family, that has played a leading role in the glittering industry for over five decades, Navneet Goenka is convinced that blockchain technology and digital currency, can resolve most of the inefficiencies that exist in the industry. This in his opinion, will significantly improve the demand for the precious stone.

About Glitzkoin
Glitzkoin includes a comprehensive diamond trading platform DiaEx. Supporting both B2B and B2C trade in diamonds, DiaEx uses the GTN token as the mode of payment. Glitzkoin successfully completed an ICO in June 2018, the GTN token currently trades on the Dobitrade, Cointiger and Stellarport crypto exchanges. Launched at a time when most tokens, crashed well below their ICO closing value, the Glitzkoin GTN token continues to trade well above its ICO closing price.

Glitzkoin Updates: https://glitzkoin.com/infopedia

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The GTN token is now officially designated as a payment option on the myticket.asia online ticketing portal. The Glitzkoin deal opens up another source of demand for the GTN token.

Kuala Lumpur, Malaysia -- (ReleaseWire) -- 01/27/2019 -- After months of negotiations that were tactfully kept away from the rumor mills, diamond veteran and Glitzkoin CEO Navneet Goenka, gave details about the Myticket.Asia partnership.

The CEO had this to say about the strategic partnership, '… the long overdue partnership between Asian online ticketing giant, Myticket.Asia and Glitzkoin, the world's first diamond blockchain to be promoted by an insider from the multibillion dollar diamond industry, has been finalized'.

Navneet Goenka has on various platforms, highlighted the importance of bridging the gap between the crypto community and the real world economy. The move to have the Glitzkoin GTN token accepted as a mode of payment in businesses, across various industries is a step in this direction.

Glitzkoin is now designated as the official payment partner on the Myticket portal. Online ticket buyers can now pay for their purchases, using the Glitzkoin GTN token. The CEO explains that, '… the paperwork and MOU is now complete, technical teams on both sides, are working to integrate systems. The first quarter of 2019, would see the implementation of this arrangement'.

The GTN token is currently trading on the Stellarport exchange drawing, strong support from crypto enthusiasts. The 2019 first quarter launch of the DiaEx diamond trading platform, opens up another stream of demand for the token. The GTN token is the designated mode of payment on the DiaEx platform. The latest move to deploy the token as a mode of payment on the Myticket.asia portal, further increases the potential demand for the token.

Commenting on the Glitzkoin project, the diamond veteran says, '… the Glitzkoin project has two major groups of stakeholders. The first is undoubtedly the diamond community and the second, is the crypto world that has actively supported the project right through the ICO and beyond. It is our objective to look after the interest of all stakeholders'.

The Glitzkoin GTN Token: Launched during the Glitzkoin ICO that ran from March to June 2018, the GTN token was priced in the $0.15 to $0.20 range during the ICO. Listed on the Stellarport exchange in July 2018, the token hovered around its ICO price ($0.20) from July to October 2018. It was during the epic fall of crypto markets brought about by the slump in Bitcoin (BTC) prices, that the Glitzkoin GTN token showed its true worth. Backed by the strong support of seasoned crypto traders, the token hit the $0.30 mark – a 50% appreciation in price when compared to the $0.20 closing ICO price. The token continues to maintain the same price level from November 2018 to January 2019.

Updates On Glitzkoin Instagram

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The GTN Token Is The Mode Of Payment On DiaEx

Kuala Lumpur, Malaysia -- (ReleaseWire) -- 10/15/2018 -- DiaEx is a blockchain based diamond exchange, the powerful application has been designed to support both, B2B and B2C transactions. The diamond exchange is one of the major components of the Glitzkoin project.

The project evolved from the mind of a second generation diamond veteran. It is therefore no surprise that the diamond community, eagerly awaits the release of the DiaEx application. This is scheduled for the fourth quarter of 2018.

It is not just the diamond industry that has been waiting for the DiaEx to be fully implemented, seasoned crypto world participants are also closely monitoring the development phase of the Glitzkoin project. They seem to sense a potential for price appreciation of the GTN crypto token.

The diamond trading platform adds a new dimension to the $90 billion diamond industry. Buyers and sellers of all sizes and located at any point on the globe, can deal directly on the DiaEx exchange – no brokers and middlemen. Devoid of middlemen commissions and profit margins, diamonds listed on the exchange would have a more realistic pricing structure.

The GTN token would be the mode of payment used to settle payments on the exchange. Diamond buyers looking to complete their purchase transactions, would buy the token from the exchanges on which it is listed. Crypto space participants realize that, this is something that would generate a steady stream of demand for the token.

Crypto enthusiasts are keen to participate in projects where, they see a potential for high token demand. This generally translates into crypto world activity on the exchange. Glitzkoin is one of the very few blockchain projects to offer, multiple demand streams for its token. The crypto world has always been a strong supporter of the project. This was visible right through the ICO process, that was successfully completed in June 2018. With the GTN token trading on Stellar resources (Stellarport), crypto space participants continue to be active on the token.

Considering that the Glitzkoin ICO closed (June 2018) with a token price of $0.20, the trading price range of $0.18 to $0.22 is very impressive. A large percentage of cryptos launched in 2018, have lost as much as 40% to 70% of their ICO value. Robust crypto community trading activity in the GTN token, has undoubtedly allowed the crypto to maintain a consistent price range.

It would not be wrong to say that crypto world participants are now scrutinizing projects more closely. Projects like Glitzkoin that have a direct relation with a real world business, should attract a positive response. It is high time that the tech world, made an effort to interact with the business community – and vice versa.

www.glitzkoin.com

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Launched by Glitzkoin, the Diamond Price Estimator assesses the price of a diamond using the 4Cs (color, clarity, cut and carat), market mechanisms, and other factors.

Kuala Lumpur, Malaysia -- (ReleaseWire) -- 09/11/2018 -- When talking about the price of a diamond, it is important to have a clear understanding of the factors that determine the worth of the precious stone. The much talked about 4Cs are relevant but, surely not the only factors that affect the price of a diamond.

The 4Cs Of A Diamond:

- Color
- Clarity
- Cut
- Carat (weight)

Of these four parameters, color and clarity are features that can be a bit subjective. An untrained eye could make a wrong assessment and diamond sellers, can deliberately overstate these features hoping to quote a higher price for the stone.

Diamond experts agree that the best way to determine the 4Cs of a diamond, would be to get it certified from a reputed testing lab. This move would not only correctly assess the features of the stone but also, authenticate that the precious stone is natural. It is interesting to note that, a reliable diamond certificate can often drive a buy or sell decision. This even without the actual stone being seen or inspected.

The 4Cs are not the only factors that decide the price of a diamond, the market mechanism also plays a significant role. When assessing the supply and demand for a diamond, it is important to analyze information across all markets. International diamond trade has existed for decades, the GLITZKOIN diamond blockchain is going to further increase cross border trade, through the DiaEx Diamond Exchange. Demand for a particular diamond size or shape in one part of the world can, push up the price of such diamonds in a distant corner of the globe. As an example, a rise in demand for 1 carat diamonds in Europe, is likely to increase the demand for such stones in distant India.

Back to determining the price of a diamond, the 4Cs can be clearly defined with a diamond certification but, market logistics are not easy to estimate. As development for the GLITZKOIN Diamond Exchange (DiaEx) moves ahead at a brisk pace, a related module that features a high utility pricing tool has been released. The DPE (Diamond Price Estimator) is now ready and available to everyone. The tool is backed by a powerful engine that, gathers global data regarding the demand and supply for diamonds. Complex algorithms process those numbers and deliver a diamond (market) price, that is accurate to within +/- 15%. Buyers, sellers and even novices, can make use of this tool. Instant price estimates are available once the required parameters are fed into the system.

Since the DiaEx exchange is open to all diamond buyers and sellers, there is no possibility of the estimated price being biased in favor of any specific participating group. The best thing about the diamond price estimator is that, the user is not bound to trade on the GLITZKOIN diamond exchange. There is no charge to use the Diamond Price Estimator.

The GLITZKOIN Diamond Price Estimator is available on the website at http://www.glitzkoin.com look for the bar titled 'PRICE ESTIMATOR'.

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Glitzkoin participated in Crypto Syndicate's Investors Meet in Seoul on the 14th of June. Presenting the project was diamond veteran and CEO, Navneet Goenka.

Kuala Lumpur, Malaysia -- (ReleaseWire) -- 06/17/2018 -- It was clear from the moment that GLITZKOIN CEO Navneet Goenka began his presentation at the Korean Investors Meet that, most of the investors had a fairly good idea about the project.

They did understand how the blockchain based diamond trading platform and crypto currency would benefit the diamond industry but were keen to know how that would translate into gains for the investor.

To answer this question, the CEO took a deep dive into facts and targeted numbers. The key to get token price appreciation would be to generate demand for it. The higher the demand the higher the scope of a price rise. Interestingly Navneet Goenka happens to be a well known face in the industry, he is a second generation diamond veteran.

Diamond trade is valued at roughly 90 billion dollars, GLITZKOIN has very conservatively targeted a 5% share of this trade. Coming from a family that has been a leading player in the global diamond industry for almost 50 years, the CEO is confident that the target can be comfortably achieved. The 5% translates into a massive 4.5 billion dollars.

The crypto currency launched by the project, will be used to settle payments for trade done on the platform. With 4.5 billion dollars transacted on the blockchain, it is not difficult to estimate the huge demand that will be generated for the GLITZKOIN tokens. And it is this demand that has the power to drive up the price of the token.

The above explanation seemed to satisfy most of the investors at the Korean meet but, CEO Navneet Goenka went on to elaborate on two important points.

The first, related to the willingness (or otherwise) of diamond traders to embrace a digital currency. The diamond veteran explained how the banking system, adds overhead costs to each transaction. Expensive fees and currency conversion charges, are a common occurrence. Using a crypto currency will diminish the reliance on the banking system. This is precisely the reason why the diamond community would be glad to use a crypto currency to pay for their purchases.

The second issue that the CEO talked about, related to the listing of diamonds on the GLITZKOIN diamond blockchain. Negotiations were already underway he said and firm commitments, had been received from at least 30 diamond sellers. This would translate to diamonds worth about, 2 to 3 billion dollars.

As the presentation came to its conclusion, the GLITZKOIN CEO began preparing for private talks with prospective investors. Many of them wanted to better understand the project and evaluate the potential of the crypto currency.

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Mr Navneet Goenka, CEO of Glitzkoin, presents at a Charity Feast Event in Kuala Lumpur. A group of 30 underprivileged children from the Akademi Tahfiz Darul Abrar, were treated to a range of delicious foods and soft drinks for their Buka Puasa (Breaking of the fast) feast.

Kuala Lumpur, Selangor -- (ReleaseWire) -- 06/12/2018 -- It was not business as usual for GLITZKOIN CEO Navneet Goenka on 8th June 2018, the evening was reserved for a special event at the open foyer of the Starhill Gallery (Kuala Lumpur, Malaysia). The charity event was organized to mark the 'breaking of fast', the invitees included 30 adorable children from the Akademi Tahfiz Darul Abrar.

A sumptuous Buka Puasa feast was organized for the children, also present were the ADUN from Meru (Selangor) YB Ustaz Mohd Fakhrulrazi Mohd Mokhtar and a group of prominent business personalities. Feasting on the delicious food and clutching their special gifts, the kids had a merry evening.

On being asked about the much publicized GLITZKOIN diamond blockchain project, the CEO preferred to mingle with the kids and keep business talk at bay. He instead reiterated his commitment to help the underprivileged.

"Although we have similar activities during all other festive celebrations, we never get tired of seeing the joy on the faces of the recipients, especially children when they learn that they too are important members of society and thus should be given, the chance to share in the occasion and get a slice of joy that many of us take for granted", the CEO said.

Navneet Goenka expressed his gratitude to all the invitees and thanked his staff for taking the opportunity to help the less fortunate in society. He promised to make this a regular event and expand similar activities not only in Malaysia but wherever possible.

GLITZKOIN: Poised to launch the first diamond blockchain to be headed by a diamond veteran, the project is set to improve efficiency and market scope in the 90 billion dollar diamond industry. Details about the GLITZKOIN crypto currency and more can be reviewed on the http://www.glitzkoin.com website.

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