GID Coin ICO (GID Token): Diamonds & Gold Cryptocurrency?
Greetings to you, dear readers of my blog! In this review I present to you an ICO-project,
I will tell about everything in detail in this article.
This crypto coin will be covered by real assets, which will be insured and secured in vaults of reputable banks globally. The value of this coin will be independent of any centralized decisions of governments. The value of this coin will also grow continuously or remain stable even during hard economic times.
What Is GID Coin?
The GID coin is an international crypto coin that is covered by two valuable assets: Gold and diamonds. This coin is powered and backed by the blockchain. This coin is a hybrid token that can be used for payment and as an asset. The company will have its headquarters in Switzerland. It is going to operate according to the guidelines set forth by FINMA.
GID Coin Diamonds & Gold Cryptocurrency Project Ideal
The company has set its sight on two major objectives. The first is the purchase of polished diamonds and gold bullion. They will organize the process from miners and producers to ensure that from the onset they use less money and earn a huge profit.
GID Coin GID Token ICO Details
At the ICO launch, the GID Coins will sell at about $20. However, the price may vary at the crowdsale due to changes in the exchange rate.
Investors in the pre-ICO will get GIDE coins during the pre-launch. This can later be converted to GID coins when the company secures enough gold bullion and polished diamonds. The GIDE tokenswill be placed on a new blockchain and converted to GID in the ration of 1:1.
Pre-sale: Live Now
End date: June 18, 2018
GIDe Coins on sale: 2,500,000
Discount: 30%
There is also an airdrop for those that register for it on the GID coin site.
The ICO Soft Cap: 40,000,000 USD.If less than this amount is raised, all investors will have their money refunded to them.
The ICO Hard Cap: 490,000,000 USDThe GIDE tokens will be released once the ICO ends, which will be about a month after the ICO is over.
Use Of The Funds
20% of funds collected will be used to purchase the diamonds and gold bullion.
The other 70% will be utilized for production, which will entail:
The Diamonds
The purchase of rough diamond from the mine or mining of diamondsPolishing the mined diamondsEarning GIA and HRD certificationInsuring the purchased diamondsPlacing the diamonds in a vault
The Gold
Purchasing raw gold from the mining site or mining the goldRefinement of the mined goldCertifying the goldInsuring the gold barsPlacing the gold bullion inside a vault
The other method they could use will take place in two stages. First, they will purchase rough diamonds from Africa, Canada, or Russia. These will then be exported to a gold refinery or cutting workshop. They will then be placed in a vault.
Token information
Type:Pre-ICO
Category:Payments
Verified team:No
Whitelist of investors:Yes
KYC of investors:Yes
Goal of funding (Soft cap):40.000.000 USDGoal of funding (Hard cap):490.000.000 USD
Tokens for sale:50.000.000 GID
Token price:1 GID = 0.03 ETH
Minimum purchase:0 GID
Airdrop program:Yes
Bounty program:Yes
Have escrow agent:NoHave working prototype:Yes
White paper:Open
Currencies:ETH, USD, EUR Platform:Ethereum
Location:Switzerland
Website:https://gidcoin.io
Links:
Fb:- https://www.facebook.com/gidcoin/
Twitter:- https://twitter.com/gid_coin
https://t.me/gidcoin
Team
Team is a good mix of experts from different fields.
There are experts in business administration and mechanical engineering as well as software development and finance.
All important employees can look back on a long and successful career and bring the necessary experience to the company.
Conclusion
Gid solves the costly and costly problem. The platform is a prime example of the meaningful use of smart contracts and is therefore absolutely groundbreaking for the future. With their experienced team and a very good vision, this is a serious project with great prospects of success
About the author: Pradeep
Pradeep is the top author and co-founder of ATGNEWS.COM His background counts over 4+ years of experience in the blockchain industry. Pradeep has passion for cryptocurrencies, ICOs, tech revolution, and is standing for honesty across media.
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Disclaimer: All information on this post is made to educate our readers. Don’t invest in any ICO unless you’re confident about its capabilities and do so at your own risk