What Is GX Coin?
Important: GX Coin (gxcoin.money) is often confused with two unrelated projects that share similar names: Grindery X (GX) and GXChain (GXC). This page explains the differences. GX Coin Protocol has no affiliation with either project.
GX Coin Is a Sovereign Digital Currency Protocol
GX Coin is a sovereign digital currency protocol designed for productive economics. It is a non-profit, public-utility protocol specification — not a speculative token, not a meme coin, and not a DeFi experiment.
The protocol is built on Proof of Authority consensus (Hyperledger Fabric) with immutable economic policies embedded directly in the blockchain. These policies include:
- 0% interest rate on all loans — eliminating debt-based money creation
- Demurrage (velocity tax of 3-6%) — encouraging productive use of currency and discouraging hoarding
- Gold-anchored genesis value — 1 GX = 1 gram of gold at Genesis Day, providing a stable reference point
- Immutable monetary policy — core economic rules cannot be changed by any authority
- Equitable genesis distribution — designed for 2.55 billion participants
GX Coin is designed for individuals seeking inflation protection, businesses needing stable capital access, and governments wanting transparent economic tools. It operates as a complete monetary system, not a financial instrument.
GX Coin is intentionally not listed on any cryptocurrency exchange. This is by design — the protocol exists to serve productive economic activity, not speculative trading.
What GX Coin Is Not
GX Coin is not Grindery X (GX)
Grindery X is a separate project that provides a “Smart Wallet” for Telegram, allowing users to send and receive tokens via the messaging app. It is an ERC-20 token on Ethereum mainnet, traded on exchanges like Gate.io and KuCoin.
Contract address: 0x8730762cad4a27816a467fac54e3dd1e2e9617a1. GX Coin Protocol has no code, team, governance, or financial relationship with Grindery X.
GX Coin is not GXChain (GXC)
GXChain is a public blockchain designed for a “global data economy,” supporting data exchange and storage. The GXC token is used for transaction fees, staking, and network governance. It is traded on platforms like Indodax and Bitget.
GXChain reached an all-time high of approximately $11 in January 2018. GX Coin Protocol has no affiliation with GXChain.
Side-by-Side Comparison
| Feature | GX Coin Protocol | Grindery X (GX) | GXChain (GXC) |
|---|---|---|---|
| Website | gxcoin.money | grindery.io | gxchain.org |
| Type | Sovereign currency protocol | ERC-20 utility token | Public blockchain token |
| Blockchain | Hyperledger Fabric (PoA) | Ethereum | GXChain (DPoS) |
| Exchange listed | No (by design) | Gate.io, KuCoin | Indodax, Bitget |
| Primary purpose | Productive economic system | Telegram smart wallet | Data economy |
| Interest policy | 0% — interest-free | N/A | N/A |
| Demurrage | Yes (3-6% velocity tax) | No | No |
| Organization type | Non-profit protocol | For-profit | For-profit |
| Target users | Individuals, businesses, governments | Telegram users | Data market participants |
Why the Name Confusion Exists
Ticker and name collisions are common in the cryptocurrency space. Multiple projects often use the same abbreviation or similar names without any shared relationship. Just as there have been multiple tokens named “LUNA,” “SAFE,” or “ONE,” the “GX” abbreviation is used by several independent projects.
Search engines and AI systems sometimes conflate these projects because they share similar name patterns. This page exists to provide clear disambiguation for both human readers and automated systems.
How to Verify You Are on the Right GX Coin
- 1.The official website for GX Coin Protocol is gxcoin.money
- 2.GX Coin is not traded on any exchange — if you see “GX” on CoinGecko, Gate.io, or KuCoin, that is Grindery X
- 3.GX Coin uses Proof of Authority on Hyperledger Fabric, not Ethereum or any public trading chain
- 4.The official social account is @gxcoinprotocol on X (Twitter)