KARATCOIN IS THE FUTURE OF GOLD CRYPTO ASSET

sergeyklimenok (65)in #ico • 5 years ago

For many years, and even centuries, gold is considered one of the most valuable resources and the best asset for investing their own funds. Besides the fact that gold is one of the most stable assets, the price of this precious metal increases every year. That is why most investors want to use gold in order to increase their wealth.

However, today the purchase of gold is not such an easy task as it may seem at first glance. When buying gold in the form of bars or bonds, the investor may face such difficulties:

the possibility of the absence of gold in a particular region of the country;
the lack of the necessary amount of gold;
constant changes in the value of bonds;
the need to create a repository to ensure the safe storage of gold;
the presence of unscrupulous intermediaries in the market.

In order to eliminate all the above problems and provide the most favorable conditions for the purchase and storage of gold, a project called Karatcoin was created, which combines centralized and decentralized structures.

Project objective

The main task of the Karatcoin project developers is to increase the volume of gold mining, providing investors with a reliable source of income provided by security, as well as creating safe working conditions for gold miners and eliminating the negative consequences that have arisen as a result of this process.

Principle of operation

Every person or company that owns the KCD tokens of the Karatcoin ecosystem automatically becomes a member of the Karat Foundation, which is established in accordance with the UN basic principles on business and human rights. This Fund will be responsible for ensuring that gold is mined in accordance with ethical principles.

Each member of the community will have the opportunity to vote on the choice of gold mines and profitable financial projects. From this vote will directly depend on gold mining and control over the work of miners and compliance with all ethical principles.

In addition, the Karat Fund will provide loans to mining enterprises engaged in gold mining in order to ensure payments to token holders. Also, this Fund will monitor the achievements of gold mining companies and their progress to provide reporting to stakeholders.

When forming loans, borrowers are provided with favorable conditions for their repayment, as well as the possibility of self-regulation of loan repayment schedules.

Participants of the Fund will be able to purchase:

gold asset certificates;
gold asset cards;
Karat tokens.

Certificates of gold assets, information about which is uploaded to the Blockchain, have a certain validity period and provide its owner with income depending on its investment and the selected period:

1 year - 5 percent per annum;
2 years - 5.25% per annum;
3 years - 5.5 percent per annum;
4 years - 5.75 percent per annum;
5 years - 6 percent per annum.

This type of asset has the highest protection and high stability, as its value is provided not only by gold but also by us dollars.

The gold asset card is a kind of wallet that allows you to store cryptocurrency in a cold storage wallet and accumulate funds by gradually buying platform tokens, gold or certificates. This wallet can be stored:

KCX coins that can be used for trading in a special application that provides access to the exchange;
coins KCD, which provides access to the vote;
gold asset certificates;
the coins of KCG, backed by gold.

For the most simple management of its own assets and the possibility of trading in the market will be created a special application that provides access to the exchange, as well as allowing you to view various statistics.

Tokens of the platform can be purchased within the framework of the ICO, as well as after its completion on crypto-currency trading platforms.

ICO dates and details

Token sale will be carried out in the period from September 3 to November 11 this year. Within the ICO, 24 million KCD will be sold. The cost of 1 coin will be 0.1 dollar. The minimum Deposit amount is $ 100.

Softcap project - $ 4 million, hardcap - $ 25 million.

The distribution of tokens and funds is as follows:

Conclusion

This project is able to attract a huge audience, as it allows you to invest in the most stable asset – gold, without much effort and problems encountered in real life when buying this precious metal.

Moreover, this project takes care of the gold mining industry, which is important for its development. It also allows you to invest in the long term and in the short term, so investing in it is worthy of attention.

It is also worth noting that soon the ICO will reach the hardcap, so it is worth investing at a favorable price, while there is still such an opportunity.