KARATCOIN — FUTURE PROPERTY

6 min readNov 5, 2018

Hello all of you . Welcome back to your blogs. Today I would like to introduce to you a very attractive project called Karatcoin.

As you know, gold has been known and used by artisans since the Stone Age. The Balkan gold artifacts date from the 4th millennium BCE, as found in Varna Necropolis. Golden artefacts such as golden hats and Nebraks appeared in Central Europe from the 2nd millennium BCE in the Bronze Age.

After the arrival of the metal and the development of human life significantly changed their gold movement today — is a kind of profitable investment material for their own funds. Over the years, different currencies have appeared and disappeared, and this metal is still very important. Those who have gold reserves are reputable and influential. By the amount of gold not only assess the level of the state, but also achieve a certain position in society.

World gold consumption is estimated at 50% in the jewelry sector, 40% in the investment sector and 10% in the industry.

By 2013, India is the world’s largest consumer of gold. Indians buy about 25% of the world’s gold, approximately 800 tons per year. India is also an importer of gold. In 2008 India imported about 400 tons of gold.

It means Gold guarantees the value of the currency. Now, there is one company that will build a large gold market using blockchain technology, namely Karatcoin.

Karatcoin will create a gold market, one of the most stable currencies in the world, as a major problem for many electronic currencies due to volatility or unstable prices. Karatcoin is supported by gold and can be traded with many currencies in the world of electronic money.

In the article, Karatcoin creators talk about how they want to do more than indexing gold certificates: they want to create a completely new economy with decentralized financial services, distributed applications, and more and more. All of these services will use Karatcoin as a token.

Vision:

Karatcoin creates a new economy that supports stable investments and positive investments related to market volatility and the promotion of collateral needed for future projects and at the same time create a Ecosystems for developers use Karatcoin token as a framework for a variety of application development, thus accelerating the adoption of blockchain technology.

Features of Karatcoin:

Karatcoin ‘s goal is to create a breakthrough organization that blends perfectly focused and decentralized worlds. The ambition is to create a multi-purpose project to become a great market player that embraces constant growth and evolution.

No geographic restriction: There is no geographical limit, once gold has been converted to gold coded, you can change it in any country. Costs related to shipping and related taxes are minimized by leaving raw materials at the place of origin.
Physical Gold Storage : You can securely store your Physical Gold assets in the vault and keep it as a Gold Certificate in your wallet on the Karat Block, gold safe from political influence and will preserve and increase its value over time.
DPOS Consensus: Charges will be used as a profit for stakeholders instead of miners. This means faster authentication interval (10 seconds), less power consumption, and more security.
Powered by a real asset: Karatcoin is less volatile than other electronic currencies because it’s indirectly linked to a real asset with a blockchain owned.
Earn Real Income: Gold certificates are safe investments. Our certificate offers you 2 half year coupons with interest up to 6%.
Gold Profits: Vote for gold mines to be funded and participate in positive benefits to be felt from the funding for selected mines.

Token:

Karatcoin DAO Token (KCD)

KCD is a coin token that will be generated during the sale of the token and deployed on Ethereum. It will switch to Karat Blockchain in a 1: 1 ratio when Blockchain is ready.

Token: KCD
Platform: Ethereum
Style: Erc-20
Total supply: 1,000,000,000 KCD

Rust Blockchain Tokens (KCX)

EPZ is a kind of electronic money, a fast and comfortable payment method with a global scope; It is private and anonymous enough to make payment for some markets and any other economic activity. The EPZ will give the owner the right to vote on all activities of the Karat Fund (including the selection of sponsored gold mines), as well as the fundraising activities and activities that the Fund provides for mining involved and surrounding communities. It will also be used as a stake to confirm blocks on the blockchain (DPoS Consensus).

Sale Token

The token sale program is divided into 3 phases

Pre-sale: This step is reserved for early contributors and private investors. However, Karatcoin reserves the right to introduce a private contribution period to the invitees only on the basis of their financial partners.
The total number of tokens allocated for this round is 10 million cards, equivalent to $ 1 million. The minimum investment is 50 thousand dollars, 30% bonus KCD card for those who invest over 300 thousand dollars.
ICO: The total number of tokens allocated to the ICO is 240 million cards, equivalent to $ 24 million. Minimum investment is 0.1 ETH. Bonus will be divided into different phases, the highest is 16% and the lowest is 7%.

CrowdSale: 370 million KCD cards will be allocated for this period.

Distribute the token and use the proceeds

Route:

Team:

Karatcoin has an experienced team in areas such as electronic money, distributed computing systems, mobile technology and large scale consumer application development that have built many award-winning applications. With enthusiasm and enthusiasm, they are ready to make this project a reality.

Conclude:

Success is always shared by everyone. Do not sit there and wait for the opportunity, instead you do not create opportunities yourself. Write your own book with your own nuance, draw the right path that leads you to success. To do that, creating your own opportunity is the golden secret that you need to think and do. Consider this project as an opportunity come to you. This is a really worthwhile project to invest in.