LBank Exchange Will List GRINBIT (GRBT) on March 22, 2022

INTERNET CITY, DUBAI, Mar. 20, 2022, ZEXPRWIRE, LBank Exchange, a global digital asset trading platform, will list GRINBIT (GRBT) on March 22, 2022. For all users of LBank Exchange, the GRBT/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on March 22, 2022.

There is no doubt that communication plays an essential role in the age of information. To bring innovation to the communication, GRINBIT (GRBT) utilizes the power of blockchain technology to provide contact-free services, so that it can help people meet with each other anytime anywhere while incentivizing them at the same time. Its native token GRBT will be listed on LBank Exchange at 18:00 (UTC+8) on March 22, 2022, to further expand its global reach and help it achieve its vision.

Introducing GRINBIT

Referring “untact” as “optional contact-less”, GRINBIT project set out on its journey with a mission that it will make people’s lives better through ‘untact communication’. Although the development of the Internet has already enabled people to have real-time communication without a face-to-face meeting, such a remarkable advancement has yet come short of perfection. There are some people who still suffer from low-quality service and functional restraints depending on one’s social class or background, and they are isolated from the innovation of technology.

Rooted in the ambition of leading an open communication with the best technology, GRINBIT has introduced and operated the video public phone in a number of places, such as military camps, correctional institutions, hospitals, nursing facilities or smart consultation in the Ministry of Justice. This experience has led it to contribute to the improved welfare and convenience for soldiers, by successfully providing the military camp with not only video call but also voice call and text message services.

The contact-less service provided by GRINBIT in the Ministry of National Defense has installed its contact-less devices in around 13,000 units of the Republic of Korea army, navy, air force, and the marine corps, and provided its service to as many as 3 million members, in an effort to realize more advanced open communication with society and to establish an energetic military culture.

In addition to video call services, GRINBIT project aims to help expand its services and contribute to enhancing the potential of the blockchain ecosystem and bringing a satisfactory innovation to a wider range of people. These services include offering a wide range of educational content that can be studied with smartphones; providing supporters for career and various concerns via chat or video call; live streaming broadcasting; offering games with low capacity that can be easily and simply healed and rewarded; creating SNS to communicate with users own family and friends; providing multi-channel contents including music, video, webtoons, sports, fashion, lifestyle, etc.

With all these services, GRINBIT continues to build an ecosystem based on GRBT token for not only blockchain enthusiasts but also general content creators and users.

About GRBT Token

GRBT is the native token of GRINBIT. Use of GRINBIT’s services is not restricted by the non-use of GRBT, however, GRBT holders are authorized by the company to gain profit from the contents they launched firsthand. GRBT holders can maintain a long-term holding of GRBT as a means of value storage, and the more GRBT they have, the more benefits they get from the GRINBIT ecosystem.

Any contents profit generated by other payment methods than GRINBIT will be used to repurchase GRINBIT through exchange. The procedure for dealing with GRINBIT recovered through the GRINBI COMPANY-provided content and GRINBIT recovered through repurchase will be voted on every quarter. GRINBIT holders have the right to vote between two methods including burn and airdrop, enhancing the scarcity value of GRINBIT or allocating to GRINBIT holders.

Based on Klaytn, GRBT has a total supply of 10 billion (i.e. 10,000,000,000) tokens, 20% of it is provided for token sale, another 20% is provided for mining, 30% is allocated for the ecosystem, 5% is provided for bounty, 3% will be used for marketing, 5% is allocated to the core team and founders, another 5% is allocated to early investors and advisers, and the rest 12% is reserved by the company.

GRBT will be listed on LBank Exchange at 18:00 (UTC+8) on March 22, 2022, investors who are interested in GRINBIT investment can easily buy and sell GRBT token on LBank Exchange by then. The listing of GRBT on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

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About LBank Exchange

LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.

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Published On: March 20, 2022