GX-Life Global, Inc., a wholly owned subsidiary of Global Future City Holding Inc. has announced that it anticipates completion of its electronic wallets in March, 2016 and the commencement of GX-Coin trading in April, 2016, thanks to its Technology License Agreement with GX-Coin, Inc.. The electronic wallets are online, encrypted sites accounting for the cash and GX-Coin position in Global Future City Holding Inc.’s consumer products marketing program.
GX-Life Global has licensed a blockchain supported cryptocurrency into its membership compensation plan, to further support its marketing activities by providing additional financial incentives for its members. GX-Coin is affiliated through common management, but is a separate entity focusing upon technology development to support digital currency creation, deployment and trading.
Ning Liu, CEO and President of FTCY, stated: “With the commencement of GX-Coin trading, we believe we are launching a unique compensation structure for our members, focusing upon the convergence of crypto-currency, online trading platforms and their use as an additional financial incentive for our members. We believe this positions our company to grow our sales of products and to provide expanding support and exposure to our members and their marketing efforts.”