Karatcoin - Gold on the Blockchain

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.

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 5 to 6% interest 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.

ICO details

The period from 03.09.2018 to 11.11.2018.

Hardcap $ 24.000.000

Softcap $ 3,000,000

Number of cards 24.000.000 KCD (24%)

1 KCD = 0,1 $

Minimum participation is $ 100

Allocation of token

Conclusion 

Karatcoin (https://karatcoin.co/) is a company that will bring gold certificates to Blockchain Ethereum. The platform will digitize your gold reserves, and then you will be able to keep them in your Karatcoin wallet. You can also easily and easily trade Karatcoin's digital assets and gold certificates thanks to a simple application.

Having studied all the details of this project, it is safe to say that Karatcoin is a project that has great potential for development and growth. The project has already attracted great attention, as it has a promising direction and a strong team. Therefore, do not pass by near this project, but study it in more detail.

https://karatcoin.co/
https://s3-eu-west-1.amazonaws.com/karatcoin.co/files/docs/KC_WP.pdf|
https://bitcointalk.org/index.php?topic=4932340
https://www.facebook.com/karatcoin.co/
https://twitter.com/KaratCoins
https://www.linkedin.com/company/karatcoin/
http://t.me/KaratcoinGroup
https://medium.com/karatcoins
https://bitcointalk.org/index.php?topic=5018893

Author:  longgong
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2256713