GX-Life Global, Inc., a wholly owned subsidiary of Global Future City Holding Inc., has announced that through its Technology License Agreement with GX-Coin, Inc. it expects completion of its electronic wallets in March, 2016 and the commencement of GX-Coin trading in April, 2016.

“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”, Ning Liu, CEO and President of Global Future City Holding Inc. said in a statement.

Last month, Great Coin Inc., its strategic partner wholly owned by the officers and directors of Global Future City Holding Inc., entered into a Technology License with GX-Life Global, which will allow qualifying members of the company’s marketing program to be able to trade GX-Coin on a proprietary platform licensed under the Technology License.

Great Coin or GX-Coin, a digital currency, functions as a store of value and a medium of exchange. GX-Life Global intends to deploy the GX-Coins it acquires from Great Coin by distributing them to members of their membership program community as loyalty points. Members of GX-Life Global will be able to redeem their status points, reward points, and status reward points for GX-Coin at 100% of their points’ dollar value. Moreover, users of GX-Coin will be able to use their GX-Coins to purchase products offered by GX-Life Global.

GX-Life Global has licensed one of the first digitally-based blockchain supported currencies, 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.

Global Future City Holding Inc. is a holding company focused on implementing an EB-5 immigrant investor program for foreign investors who are interested in acquiring lawful permanent residence in the U.S., and the marketing and deployment of its loyalty-based membership program.