M&A PLATFORM
- M&A platform (‘name: GMAP’) service
- Explain the value of UCCx and UCX
- UCX WHITEPAPER
M&A platform (‘name: GMAP’) service
1. The background of GMAP development
M&A is a financial means of integrating companies through various transactions such as tender offers, asset purchases, and acquisitions of management rights as a means for sustainable growth of core technologies and materials of a company and it was mainly carried out by special types of financial institutions or professional investors. By implementing this traditional M&A process based on blockchain, and by giving ordinary individual investors an opportunity to participate, it separates ownership and management and creates a company capable of sustainable growth and producing leading companies that can boast a history of more than 100 years in Korea and we want to serve as a foundation for attracting foreign investment funds. After the M&A transaction is concluded, the acquiring company safely stores its stocks in the Korea Securities Depository so that management rights do not change, and investors can decide whether to participate or exit by their own calculations.
2. The overview of GMAP
GBC is a platform company operating the Global M&A Platform (“GMAP”). SPC can M&A the acquiring company by receiving an investment in digital assets such as Bitcoin, Ethereum, and UCX from participants around the world through “GMAP”. GBC will start providing services for the acquisition of listed companies in Korea, and ultimately plan to expand overseas startups and promising unlisted companies through M&A. (GBC did not go through ICO to carry out the business, developed the platform with its own funds, and completed 3 patent registrations.)
3. The definition of GMAP service
A new concept platform where anyone in the world can participate in M&A transactions easily and conveniently.
4. The Key of GMAP service
- By complementing the shortcomings (complexity, expertise, and closure) of the existing M&A market, while facilitating through the platform in the app, by providing services with integrity security using blockchain technology, we pursue cost reduction by providing convenience, safety, fairness, scalability and reduction of brokerage.
- Resolve wealth inequality by involving general participants in the M&A market, and separating ownership and management in the exclusive area of institutional investors
- Prevent the leakage of national wealth or become a Shell Company through GMAP, and contribute to national wealth promotion through participation of overseas participants.
5. The business process of GMAP
① SPC is preparing for an M&A project (a domestic listed company) and after the “GMAP” review, the project is registered on the GMAP platform.
② After reviewing the projects registered on the platform, general participants participate in the desired project as the first digital asset (Bitcoin, Ethereum, UCX, etc.) (participate in mobile or PC)
③ The participation period is about 45 to 60 days (after sending the invitation to the extraordinary general meeting of shareholders and the regular general meeting of shareholders), and participants cannot withdraw from membership after the participation period is over. Exit is possible after the end of the extraordinary general meeting of shareholders or the regular general meeting of shareholders in accordance with related laws and regulations.
④ If there is an insufficient amount compared to the target amount after the participation period is over, the institution will participate
⑤ SPC takes over the project (acquisition of management rights (including the majority shareholder’s share))
⑥ SPC deposits the stocks of the acquired company in the Korea Securities Depository (there is no change in management rights)
⑦ When the acquisition is completed, SPC issues a second digital asset linked only to the closing price of the company’s stock and delivers it to the project participants.
→ Reason for the need for a second digital asset: The acquisition of a company is not limited to one, and the stock prices of the companies to be acquired are all different.
⑧ SPC offers participants a price-to-price exchange between the first digital asset and the second digital asset within the platform (there is no movement or change of stocks)
⑨ After the participation period (45-60 days), when the acquisition of the company is completed, the participant can freely exit (coin exchange)
⑩ When a participant wishes to exit, the ‘second digital asset’ is exchanged for the ‘first digital asset’ (price versus price)
→ The second digital asset is matched only to the stock price of the acquiring company, exists only on the platform, and can only be exchanged for the first digital asset
⑪ Participants can decide whether to participate in the project or not, and AI service is possible.
→ Considering the value of a company as the numerator and the issuance of digital assets as the denominator, the issuance of digital assets is limited and since the company’s net asset value continues to increase, it will result in participants participating in value investing and it is predicted that the increase of wealth through M&A issues and the influx of overseas participants will bring about an effect of increasing national wealth.
Figure 1. The schematic representation of the GMAP business process
Explain the value of UCCx and UCX
1) UCCx is a token created by depositing stocks of the acquiring company acquired by the project and based on the corresponding custody certificate. Therefore, UCCx is UCC1, UCC2, … . , UCCn will issue different tokens for each acquisition company. These tokens are not traded and are simply stored as receipts. If the participant wants to exit later, they can exchange UCX in GMAP and exit. At this time, the price of UCCx is determined in the stock market by being linked to the stock price of the acquiring company.
2) UCX is the key token used in GMAP. UCX will naturally be distributed to a large number of holders in sufficient amount when many projects are carried out on the platform, and will be used like a general utility token. However, due to the nature of the project, UCX must be used as the acquisition capital of the target company, so if a large amount of UCX is distributed before the start of the project, the operating entity, GBC Korea, must have sufficient funds. Therefore, it is ideal for the distribution to take place in the form of supply to the exchange at the start of the project.
3) The value of UCX can be estimated as follows.
( S is the market cap of the acquiring company,
n is the number of acquiring companies) ————————— (1)
The number in the denominator is a fixed value of 1 billion, The value of the numerator is the sum of liquidity through the platform, and when viewed macroscopically, it can be viewed as the sum of the market capitalization of the acquired listed companies. Therefore, the value of UCX continues to increase over time.
Figure 2 shows the exchange of value as the project progresses on the platform.
Figure 2 Exchange process between UCX and UCCx
As shown in Figure 1, UCX is initially highly volatile. However, as in ⓐ, the exchange of value takes place by participating in the project and exchanging it for UCCx. UCCx received by participating in the project is a token that is not traded and stored like a receipt. As in the process of ⓑ, if the holder of UCCx wants to exit, can exchange it for UCX in GMAP and exit. In this process, UCCx is exchanged with UCX to deliver value. As the processes ⓐ and ⓑ occur repeatedly, the exchange of values and the transfer of values are continuously made. Macroscopically, as shown in Equation (1), the UCX value has stability through this process.
UCX 백서
오늘날 세계의 현재 금융 환경은 ⏎리 쪽에 있는 경제적인 금융 중개자이며, 최근 전문가들이 정보의 과 거래에 대한 접근으로부터 경제적으로 이익을 얻도록 설계되었습니다. 지는 기호가 아닙니다.
간단히 말해서, 우리 사회의 가장 높은 백분위 구성원은 다른 많은 사람들이 접근하지 못하는 중요한 투자 정보에 접근하는 경향이 있습니다.
금융 서비스 산업의 상위를 표시한 대부분의 개인은 시스템이 상위에 표시를 위해 "조작" 보고라고 생각하지만 사실인 것처럼 보일 수 있지만 생태는 우리 사회의 특정 구성원을 위해 설계되었습니다.
실제로 이러한 인식은 대중 시장에서 특정 금융 투자 및 거래에 접근할 수 있도록 하기 위해 기술 및 프레임워크가 부족하기 때문에 발생합니다.
또한 특정 유형의 투자자가 연금 공급에 참여할 수 있도록 방지하는 저지 장애물은 비공인 투자자에게 추가 저지를 금지합니다. 마지막으로 문제를 더욱 복잡하게 만드는 것은 약간의 투자 금액으로 많은 수의 사용자에게 서비스를 제공할 수 있는 투자 수단을 설계하는 데 소요되는 관리 시간과 비용이 종종 종료되는 경우가 많고 복잡한 시스템, 준비 및 조절이 필요합니다. 로만 점입니다.
오늘날까지 이러한 환경에 변화를 믿을 수 있는 단일 기술이 존재하지 않았다는 사실 때문에 인식이 거의 이루어지지 않았다. 그러나 2008년 블록년체인 기술이 특이적으로 판도가 크게 달라졌다.
새로운 코인은 오픈체인 오라클 서비스, 공개된 위치에 제공되고 새로운 위치에 위치를 제공하는 특별한 교환과 마찬가지로 블록체인에 가치를 추가하는 보완적인 서비스를 만들었습니다.
- M&A platform (‘name: GMAP’) service
- Explain the value of UCCx and UCX
- UCX WHITEPAPER
M&A platform (‘name: GMAP’) service
1. The background of GMAP development
M&A is a financial means of integrating companies through various transactions such as tender offers, asset purchases, and acquisitions of management rights as a means for sustainable growth of core technologies and materials of a company and it was mainly carried out by special types of financial institutions or professional investors. By implementing this traditional M&A process based on blockchain, and by giving ordinary individual investors an opportunity to participate, it separates ownership and management and creates a company capable of sustainable growth and producing leading companies that can boast a history of more than 100 years in Korea and we want to serve as a foundation for attracting foreign investment funds. After the M&A transaction is concluded, the acquiring company safely stores its stocks in the Korea Securities Depository so that management rights do not change, and investors can decide whether to participate or exit by their own calculations.
2. The overview of GMAP
GBC is a platform company operating the Global M&A Platform (“GMAP”). SPC can M&A the acquiring company by receiving an investment in digital assets such as Bitcoin, Ethereum, and UCX from participants around the world through “GMAP”. GBC will start providing services for the acquisition of listed companies in Korea, and ultimately plan to expand overseas startups and promising unlisted companies through M&A. (GBC did not go through ICO to carry out the business, developed the platform with its own funds, and completed 3 patent registrations.)
3. The definition of GMAP service
A new concept platform where anyone in the world can participate in M&A transactions easily and conveniently.
4. The Key of GMAP service
- By complementing the shortcomings (complexity, expertise, and closure) of the existing M&A market, while facilitating through the platform in the app, by providing services with integrity security using blockchain technology, we pursue cost reduction by providing convenience, safety, fairness, scalability and reduction of brokerage.
- Resolve wealth inequality by involving general participants in the M&A market, and separating ownership and management in the exclusive area of institutional investors
- Prevent the leakage of national wealth or become a Shell Company through GMAP, and contribute to national wealth promotion through participation of overseas participants.
5. The business process of GMAP
① SPC is preparing for an M&A project (a domestic listed company) and after the “GMAP” review, the project is registered on the GMAP platform.
② After reviewing the projects registered on the platform, general participants participate in the desired project as the first digital asset (Bitcoin, Ethereum, UCX, etc.) (participate in mobile or PC)
③ The participation period is about 45 to 60 days (after sending the invitation to the extraordinary general meeting of shareholders and the regular general meeting of shareholders), and participants cannot withdraw from membership after the participation period is over. Exit is possible after the end of the extraordinary general meeting of shareholders or the regular general meeting of shareholders in accordance with related laws and regulations.
④ If there is an insufficient amount compared to the target amount after the participation period is over, the institution will participate
⑤ SPC takes over the project (acquisition of management rights (including the majority shareholder’s share))
⑥ SPC deposits the stocks of the acquired company in the Korea Securities Depository (there is no change in management rights)
⑦ When the acquisition is completed, SPC issues a second digital asset linked only to the closing price of the company’s stock and delivers it to the project participants.
→ Reason for the need for a second digital asset: The acquisition of a company is not limited to one, and the stock prices of the companies to be acquired are all different.
⑧ SPC offers participants a price-to-price exchange between the first digital asset and the second digital asset within the platform (there is no movement or change of stocks)
⑨ After the participation period (45-60 days), when the acquisition of the company is completed, the participant can freely exit (coin exchange)
⑩ When a participant wishes to exit, the ‘second digital asset’ is exchanged for the ‘first digital asset’ (price versus price)
→ The second digital asset is matched only to the stock price of the acquiring company, exists only on the platform, and can only be exchanged for the first digital asset
⑪ Participants can decide whether to participate in the project or not, and AI service is possible.
→ Considering the value of a company as the numerator and the issuance of digital assets as the denominator, the issuance of digital assets is limited and since the company’s net asset value continues to increase, it will result in participants participating in value investing and it is predicted that the increase of wealth through M&A issues and the influx of overseas participants will bring about an effect of increasing national wealth.
Figure 1. The schematic representation of the GMAP business process
Explain the value of UCCx and UCX
1) UCCx is a token created by depositing stocks of the acquiring company acquired by the project and based on the corresponding custody certificate. Therefore, UCCx is UCC1, UCC2, … . , UCCn will issue different tokens for each acquisition company. These tokens are not traded and are simply stored as receipts. If the participant wants to exit later, they can exchange UCX in GMAP and exit. At this time, the price of UCCx is determined in the stock market by being linked to the stock price of the acquiring company.
2) UCX is the key token used in GMAP. UCX will naturally be distributed to a large number of holders in sufficient amount when many projects are carried out on the platform, and will be used like a general utility token. However, due to the nature of the project, UCX must be used as the acquisition capital of the target company, so if a large amount of UCX is distributed before the start of the project, the operating entity, GBC Korea, must have sufficient funds. Therefore, it is ideal for the distribution to take place in the form of supply to the exchange at the start of the project.
3) The value of UCX can be estimated as follows.
( S is the market cap of the acquiring company,
n is the number of acquiring companies) ————————— (1)
The number in the denominator is a fixed value of 1 billion, The value of the numerator is the sum of liquidity through the platform, and when viewed macroscopically, it can be viewed as the sum of the market capitalization of the acquired listed companies. Therefore, the value of UCX continues to increase over time.
Figure 2 shows the exchange of value as the project progresses on the platform.
Figure 2 Exchange process between UCX and UCCx
As shown in Figure 1, UCX is initially highly volatile. However, as in ⓐ, the exchange of value takes place by participating in the project and exchanging it for UCCx. UCCx received by participating in the project is a token that is not traded and stored like a receipt. As in the process of ⓑ, if the holder of UCCx wants to exit, can exchange it for UCX in GMAP and exit. In this process, UCCx is exchanged with UCX to deliver value. As the processes ⓐ and ⓑ occur repeatedly, the exchange of values and the transfer of values are continuously made. Macroscopically, as shown in Equation (1), the UCX value has stability through this process.
The current financial landscape in the world today is designed , such that , the well -connected financial intermediaries , consultants , and financial executives at the top of the ladder disproportionately benefit from the flow of information and access to deals that individuals at the bottom of the ladder are not privy to.
Simply put, the highest percentile members of our society tend to have access to important investment information that many others do not.
Most individuals outside of the upper echelons of the financial services industry believe that the system is "rigged" in favor of the top while this may appear to be true, the ecosystem is not specifically designed to favor certain members of our society.
In fact, this perception is largely driven by the lack of technological and process innovation to allow specific financial investments and transactions to be accessible by the mass market.
In addition, regulatory hurdles that specify that a certain class of investors can participate in exempt securities offerings, create an additional barrier for nonaccredited investors. Finally, to compound the issue , the administrative times and costs of designing an investment vehicle that can service a large number of users with smaller investment amounts is often prohibitively high, requiring complex systems, arrangements and regulatory approvals.
Until today, no single technology has existed to effect change in this environment, and as such, very little awareness has been created. However, with the invention of blockchain technology in 2008, the landscape has significantly changed.
New innovation has created ancillary and complimentary services that add value to blockchain, such as off-chain Oracle services, public token offerings, and specialized exchanges that provide liquidity to new tokens.