KARATCOIN [ KTC ]ICO
Welcome to my friends, I am always willing to share the most promising ideas in the electronic money world with you. I do my research and write about ongoing projects that I find interesting and potential. In this article, I will give a brief overview of a project called Karatcoin. How is this project? Please read this article for more information.
What is KARATCOIN?
We all know that gold is one of the most popular metals in any way, many countries are holding and buying gold as a reserve currency because of its steady value and a rising momentum. In fact, many nations are using gold to trade goods and services in ancient times and even in our present times, currencies are supported by gold.
The decentralized area is novel and is defined as a project still in its infancy, but has tremendous growth opportunities in most areas of the economy. Karatcoin, which combines the worlds of concentrated and decentralized, creates a platform based on the Blockchain technology for trading gold certificates.
How Karatcoin works
There is no limit to the geographic location — after turning this metal into gold coded, you can buy it in any country. All transportation costs and taxes on it are reduced to a minimum, leaving the raw material at its place of origin. Kcarcoin Blockchain will provide the ability to securely store gold assets in a gold certificate on wallet.
Karatcoin enables open and public authentication of all documents stored in the decentralized database through the Proof of Asset (PoA) protocol, developed in the EOS Blockchain block, by integrating IPFS ( Inter Planetary Files System) to track the entire authentication path.
Karatcoin DAPP application
DAPP Karatcoin will create a decentralized application on the gold market, providing traders and suppliers with affordable gold the ability to label the same metal under the same secret asset mark. , creating a stable and liquid market.
ommunicate Straight to Blockchain on the Internet.
Benefits when investing
DPOS compliance (proof of authorized rate) is the accelerated verification time. All documents are stored in IPFS format — ensure their immutability. Karatcoin is indirectly associated with physical assets with Blockchain members. This is an important advantage of the project. Also a stimulating theme is the Karatcoin Gold Certificate, each offering two half-year coupons at a yield of up to 6%.
Advantages of the project
- Safe from political influence and will add value over time.
- Costs and acquisitions are based on LBMA gold prices.
- Supported by the gold bars.
- Gold document is available for verification.
- Can be withdrawn for fiat or physical gold at any time, via Smartdrawing Contract.
- Each time the purchase and sale of gold is calculated at 2.5% -3.5%.
- Gold deposit and insurance are calculated at 0.12% per annum, monthly invoiced at a minimum of $ 4 per month.
- The withdrawal fee depends on the currency and destination of the transfer, but usually does not exceed $ 30.
- Users can easily change their properties and transport them safely and legally anywhere. Physical acquisitions can be arranged if the user has at least 1 kg of gold.
- The commission charge for each conversion of KCG is 0.1% -0.3%. 85% of commissions from the KCG transaction were awarded to the related parties and 15% to the maintenance and marketing.
Some issues arise:
- hard to find gold on the market;
- The value of bonds: In today’s unreliable bond market, you should worry about the possibility that the world is in a deflated economic deflation trap.
- Bond market is no longer slower than “deflationary line”;
- One of the major constraints in debt servicing is debt owed by customers who do not perform their contract obligations
The project will address these issues as follows:
- The KARATCOIN platform, which is linked directly to gold mining operations, will receive funding to help boost gold output. The higher KARATCOIN’s money is, the higher the synthetic gold yield, which will increase the cost of KARATCOIN.
- On a decentralized Ethereal platform, you can purchase Karatcoin Gold Certificates with different maturity dates and semi-annual coupons corresponding to interest rates ranging from 5 to 6% depending on the maturity date.
- With the help of smart contracts, you can exchange money, property, stocks or something of value in a transparent, conflicting way while avoiding the services of an intermediary. One of the benefits of using smart contracts is that the process can be automated. Therefore, if not reached, all amounts will be returned.
The period from 03.09 to 11.11.2018.
24,000,000 $ Softcap $ 3,000,000
Number of cards 24,000,000 KCD (24%)
1 KCD = $ 0.1
Minimum participation $ 100
Allocation of token
CLAUDIA BUSATO founder and COO of the project; Business consultants, have extensive experience in business relations with financial institutions, explore business opportunities, conduct talent scans and start up businesses.
ANDREA VENTURONI Director of Commodities; Invest in commodities and especially gold investment; Since 1994, he has held management positions at major Italian banks and major international insurers.
There are many other talented members in the group, you can see more here:
Here are the reviews I present to you in searching for information and knowing KARATCOIN is currently being run by their team, without any explanation on this article, do not worry, I have set up a link for you to get the correct information. and of course you will be able to talk face to face with their founder or team, at the link.
Detailed information about the project here:
Whitepaper link: https://s3-eu-west-1.amazonaws.com/karatcoin.co/files/docs/KC_WP.pdf
Author : beberexha
Profil bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2347730
Wallet : KTCQvvUqSxqVejJXQrLhYVPqXuR5krMblgI