A cryptocurrency token by the name of GBR Coin (GBR) aims to become the largest payment gateway in the real estate market. Real estate investors and sellers will be able to seamlessly transact and purchase properties on the token’s underlying blockchain technology – the Polygon (MATIC) blockchain network.
Polygon (MATIC) is a Layer-2 scaling solution or sidechain that was designed to help the Ethereum blockchain scale and reduce the costs associated with transacting on the Ethereum blockchain.
Minting the GBR token on the Polygon blockchain was a strategic decision made by the project’s team with the objective of increasing the token’s market adoption potential. In so doing, the GBR token has a high level of interoperability with the vast number of decentralized applications (dApps) already developed on the Ethereum blockchain.
The GBR token is also 100 percent decentralized, leaving the strategic direction of the project and the prioritization of its future developments in the hands of GBR holders. This will make it one of the very few crypto projects that are fully-community driven and are not meme coins.
Investors looking to be a part of the project in its early stages can take part in the project’s upcoming ICO that is scheduled to launch on the 23rd of this month. GBR tokens will be up for sale at lower-than-market prices on the project’s official website, and the entire process will be hosted on the Polygon blockchain.
GBR’s Attributes
Besides being built on the Polygon blockchain, there are other attributes that make GBR Coin a desirable project. Aside from being a fully decentralized and community-driven token, GBR Coin enables high speed transactions with a market-competitive network throughput.
The GBR ecosystem is also secured by distributed ledger technology, ensuring that there is no platform vulnerability or central point of failure that cybercriminals can exploit to gain control of the GBR platform. This gives crypto users who are transacting with the GBR token peace of mind that their funds and assets are safe.
Lastly, the GBR platform has a high degree of scalability. This is mainly due to its high network throughput and the fact that it is built on the Polygon (MATIC) sidechain. The high scalability factor of the GBR platform reduces the chances of network congestion, which in turn allows GBR token holders to transact with refreshingly low transaction fees.
Additional details relating to GBR’s upcoming ICO and the team’s medium- to long-term objectives can be obtained on the project’s official website and its whitepaper.
