Karatcoin Is The Future Of Gold Crypto Asset

in ico •  6 years ago 

 The Karatcoin vision is to create a people-powered new economy that  focuses on decentralized financial services that ensure both stable and  aggressive investments linked to market fluctuations, and which also  fuel the financial collateral needed for future projects. At the same  time, we will also create an ecosystem for developers to utilize  Karatcoin tokens as a framework for various Ðapp developments, thus  accelerating adoption of blockchain technology. The Karatcoin Project is a consultancy system that focuses on  the development and mining growth of carefully selected gold mining  companies.  

 Karatcoin Initial Coin Offering  

  • Max coin supply: 1 Billion
  • Period: 3rd September 2018 - 11th November 2018 or until hardcap is reached
  • KCD reserved for the bounty program: 20 M (equivalent to $2,000,000 USD)
  • KCD reserved for the airdrop program: 5 M (equivalent to $500,040 USD)
  • Price: $0.1 USD
  • Hardcap: $24 M USD
  • Softcap: $3 M USD
  • Platform: DAG

The Karatcoin goal is to build a platform to trade gold  certificates, exchange Karatcoin tokens, as well as save and exchange  currency using gold cards.

We will build a platform where  millions of investors can go to find the best gold opportunities to  invest, trade, and exchange without worrying about traceability. For more details on this exciting opportunity, please visit our website: https://karatcoin.co/ 

Karatcoin Features will include: 

No Geo-Restrictions - There are no geo-restrictions, once the  gold has been turned into crypto-gold, you can redeem it in any  country*. Costs related to transport and related taxes are minimized by  leaving the raw material in its place of origin. 

Store Physical Gold - You can safely store Physical Gold asset  in vault and keep it as Gold Certificates in your wallet on the Karat  Blockchain, the gold is safe from political influence and will preserve  and increase its value over time. 

DPOS Consensus - Fees will be used as returns for stakeholders  instead of miners. This means a faster validation block time (10secs),  less power consumption and more security. 

Backed by a Real Asset - Karatcoin is less volatile than other  crypto-currencies because it's indirectly linked to a real asset with an  owned blockchain. 

Earn Fixed Revenue - Gold Cerficates are safe investments. Our  Certificate gives you 2 half-yearly coupons with up to 6% interest. 

Gold Mines Profits - Vote for the gold mines to be financed and  participate to the active interests that will be perceived from funding  given to the selected mines. 

Our objective is to create a groundbreaking organization that  blends the centralized and decentralized worlds perfectly. Our ambition  is to create a multipurpose project destined to become a major market  player that embraces constant and evolutionary growth. 

PLATFORM

 Karatcoin's Platform is directly linked to operational gold  mines that will receive financing to help increase their gold  production. The more Karatcoin's financing increases, so will the  aggregated gold production of our mines, which in turn will increase the  value of circulating Karatcoin tokens. All the mines selected by  Karatcoin's technical and legal team have been carefully analyzed for  their production ability, operational background, structural  credibility, as well as their financial rating. No third-party  intermediary is involved in the selection and vetting process.   

Features of the Karatcoin Foundation will include: 

Election of gold mines - DAO members can contribute by voting  for projects (gold mines and profitable financial projects) they  consider deserving. These votes, together with the due diligence made by  the foundation's finance office, will provide for the gold mining to be  managed responsibly, with substantial economic benefits for the  countries and their populations. The Karat Foundation will operate  autonomously supervise and check that the quality parameters are  respected and will not have direct control of the operations and  external works of the members. 

Karatcoin Loan - Karatcoin offers a decentralized loan product  for eligible members, known as the Karatcoin Loan (KCL) through a smart  contract issuing KCX (Karatcoin Blockchain Validation Tokens) with a  financial term that is tailored to the needs of the purpose of the  financing or the member country's overall debt management strategy. 

Monitor progress and achievements -The foundation, in the  context of its social work of facilitated finance for selected  small/medium gold mining companies, will continuously monitor progress  and achievements to bring benefits between stakeholders of the  foundation and the gold mining companies. 

Benefits - Borrowers of Gold Mine, benefit from medium/long  maturities (up to 10 years), transparent pricing, built-in hedging  products to manage financial risks over the life of the loan, and the  ability to customize repayment schedules according to project needs or  debt management requirements. 

Members of the foundation will benefit from interest income from financing.  

Charity Fundraising - To increase aid to mines, fundraising  campaigns will be launched through online platforms, events and  conferences will be organized as well as organizing lunches and gala  dinners. Karatcoin tokens will be offered as a prize for participation  in individual events. Each charitable action will set precise objectives  to be achieved and to quantify the sum necessary to pursue this goal.  If the established amount is collected, the prize offered will be  extracted. For more details, 

Useful links: 

 Website: https://karatcoin.co/
Documentation: https://s3-eu-west-1.amazonaws.com/karatcoin.co/files/docs/KC_WP.pdf
ANN: https://bitcointalk.org/index.php?topic=4932340
Twitter: https://twitter.com/Karatcoins
Facebook: https://www.facebook.com/karatcoin.co/
Telegram: https://t.me/KaratcoinGroup
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2326040 

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