KARATCOIN ICO REVIEW

4 min readNov 10, 2018

ABOUT KARATCOIN:

KARATCOIN allows entry and known authentication of all asset reports kept in a decentralized database through our Proof of Asset (PoA) process, developed in the EOS Blockchain halt, by developing IPFS (InterPlanetary Data files System) to monitor every authentication lane through its string of guardianship.

Our object is to construct a system for trading gloomy metal certificates, vary KARATCOIN bridal party, as competently as save and transfer currency using expensive metal cards.

The decentralized world can be roomy unusually. The birth of the blockade period by now anew to 2008, but in latest years it has created just in addition to the encourage of real-world applications (specifically when Ethereum). Hence, it is discovered as a project that is in its infancy yet but offers tremendous possibilities for advancement in the complete sectors of the overall economy around. But staying in a constant condition of augmentation and modifying the process moreover opens the right of entry to continuous and raising attempts to defend any idea that exceptionally rarely turns into a specific task when long-term viability.

Our director is to make a light-minded perspective that combines centralized and decentralized sides ideally. Our direct is indeed to fabricate a multi-twist toward project meant to become a significant artist in the market that will hold continuous and evolutionary shape to the front.

The UN Suggestions will establish the Karat Basis on the order of Business and Human Privileges, which emphasizes the more animate point and monitoring organization to ensure that gold is blamed and ethical.

All intimates and workers of the Finance are deeply dexterously live of the effects of illegal magic mining not just at the local level, but in addition to that, the use of labor and extortion by organized lawbreaker groups moreover accomplish the silver name at the global level.

Our vision is to attach low national mining operations and plus to make truthful that enormously much of this production is devoted to significant sociable and economic adjustments.

As part of its moral and interpersonal adherence to the accrual and build happening of gold deposits, the Fund will feint to protect the environment and protect human valid rights. More attention will be paid to those in rasping poverty in areas where there are choking instances of the exploitation of kid labor and the abuse of women.

The KARATCOIN System is directly united to full of zip gold mines, which will benefit funding to at the forefront taking place stock gold production. The even more financing for Karatkoin increases, so will the aggregated creation of precious metal in our mines, which, in turn of view, will lift the cost of circulating markers of karate. All mines selected by the KARATCOIN specialized and exact society had been carefully analyzed for their foundation facility, play a shared knowledge, structural accurateness, and their financial rating (intermediaries are not included in the inspection process). These mines will pay to absorb due to the brute extraction of gold (antique silver bars, tawny metal nuggets, gold dust, etc.) that will mount happening less going on beast stored at the formal refinery and regulate into gold pubs concerning our behalf.

Karatcoin Features:

1. No Geo-restrictions

Once the gold has been turned into gold tokens (KCG), you can redeem it to fiat or to mammal bullion gold through the dissolution university contract at any period in anywhere, without geo-restrictions.

2. Store Physical Gold

You can safely accrual Physical Gold asset in the vault. Each KCG (Gold Token) represents 1 gram of 99.99% LBMA courteous gold securely stored in Safehouse Vaults, which means the gold is safe from political touch and amassing its value on top of time.

3. DPoS Consensus

Karatcoin Blockchain uses Delegated Proof of Stake (DPoS) consensus mechanism which is the fastest, most efficient, most decentralized, and most swift consensus model easily reached. These delegates are assigned to run the network and are rewarded considering block rewards. In accumulation, fees will be used as returns for stakeholders instead of miners. With 10 seconds validation block period, the Karatcoin network will be one of the fastest in the industry.

4. Backed By A Real Asset

Karatcoin is less volatile than new cryptocurrencies because its indirectly united to a definite asset, which is gold, once an owned blockchain.

5. Earn Fixed Revenue:

Karatcoin offers a safe investment product which is a gold certify. Gold Certificate gives you coupons all six months following a pull taking place to 6%. Each Gold Asset Certificate has a value of 1,000 USD.

Gold Certificate Coupons are paid automatically (in KCG) through scholastic contracts all six months.

6. Gold Mines Profit:

KCX (Karatcoin Blockchain Token) will come occurring as soon as the maintenance for the owner the right to vote all Karat Foundation activities, including choosing a gold mine that will be financed and for the buzzing fascination that will be felt from the funds do to the prearranged mine.