Karatcoin - The future of the golden crypt asset

adeprayoga097 (3)in #bitcoin • 6 years ago

Hello Steemit users, on this occasion, I will discuss about the project KARATCOIN is very interesting in cryptocurrency, so for that you are very obliged to see and understand the articles that I made for you. The discussion is as follows:

Introduction

The Karat Foundation will be formed in accordance with the UN Guiding Principles on business and human rights, which emphasizes better supervision and supervision to ensure that gold is sourced responsibly and ethically. All Foundation members and staff are very aware of the illegal consequences of gold mining not only at the local level, but also the fact that exploitation of labor and extortion by organized criminal groups has an impact on the gold market at the global level as well. .

In this discussion I present synthesized points from this Business Plan which can be released upon request to investors who fulfill the requirements in full form after the signing of the NCNDA. You can register here: https://support.dreammy.io

Vision

Our vision is to create a new human-powered economy that focuses on decentralizing financial services that ensure stable and aggressive investment related to market fluctuations, and which also encourages financial guarantees needed for future projects. At the same time, we will also create an ecosystem for developers to use Karatcoin tokens as a framework for various Ðapp developments, thus accelerating the implementation of blockchain technology. The Karatcoin Project is a consulting system that focuses on mining development and the growth of carefully selected gold mining companies. Our goal is to build a platform to trade gold certificates, exchange Karatcoin tokens, and save and exchange currencies using a gold card. We will build a platform where millions of investors can find the best golden opportunity to invest, trade and exchange without worrying about traceability.

Mission

The Karatcoin platform is directly linked to an operational gold mine that will receive financing to help increase their gold production. The more Karatcoin financing increases, as well as the accumulated mining gold production, which in turn will increase the value of outstanding Karatcoin tokens. All mines selected by the technical and Karatcoin law teams have been carefully analyzed for their production capabilities, operational background, structural credibility and financial rank (no intermediaries are involved in the verification process). This mine will pay interest because with physical gold products (doré gold bars, gold nuggets, gold dust, etc.) that will be given to the official refineries of origin and turned into gold bars on our behalf. Leaving raw materials in their original place protected in an official safe will minimize the costs associated with transportation and related taxes, thus optimizing transactions on our blockchain and allowing more profitable gold prices.

All small gold mines and individual miners in the world who are struggling to sell their gold outside their territorial borders can easily sell doré gold bars, gold nuggets, gold dust, etc., at official refineries in their country where the Karatcoin Trust will have its own account. After being converted into gold bars with purity in 1999, they will be left in the refinery's own vault and will not leave their home country. Instead, they will create the KCG and continue to be placed in a decentralized market to be bought and circulated throughout the world.

All entities and / or miners participating in this project will be given voting rights and included in the Karat Foundation development program. They will have the opportunity to get access to finance for their business development, as well as the benefits of a fundraising campaign that will continue to be sponsored by the Foundation to help raise awareness among donors about ethical issues related to mining.

This contribution will bring greater prosperity to the miners, especially women and children, in addition to improving the surrounding community and making people's lives more just and sustainable.

KARATCOIN FEATURES

Our objective is to create a groundbreaking organization that blends the centralized and decentralized worlds perfectly. Our ambition is to create a multipurpose project destined to become a major market player that embraces constant and evolutionary growth.

NO GEO-RESTRICTIONS
There are no geo-restrictions, once the gold has been turned into crypto-gold, you can redeem it in any country*. Costs related to transport and related taxes are minimized by leaving the raw material in its place of origin.
STORE PHYSICAL GOLD
You can safely store Physical Gold asset in vault and keep it as Gold Certificates in your wallet on the Karat Blockchain, the gold is safe from political influence and will preserve and increase its value over time.
DPOS CONSENSUS
Fees will be used as returns for stakeholders instead of miners. This means a faster validation block time (10 secs), less power consumption and more security.
BACKED BY A REAL ASSET
Karatcoin is less volatile than other crypto-currencies because it’s indirectly linked to a real asset with an owned blockchain.
EARN FIXED REVENUE
Gold Certificates are safe investments. Our Certificate gives you 2 half-yearly coupons with up to 6% interest.
GOLD MINES PROFITS
Vote for the gold mines to be financed and participate to the active interests that will be perceived from funding given to the selected mines.

OUR PRODUCTS

From our product portfolio customers can maintain a form of savings as well as an investment in cryptocurrencies. That investment is suited to their individual needs, from the most aggressive who want to trade our cryptocurrency, to the most conservative that wants to accumulate a safe-haven asset like gold. Additionally, in order to beat inflation, our customers will be protected by our Certificates that have both a fixed maturity and semi-annual coupons paid in KCG.

Our products will be available in a marketplace developed inside our blockchain, and it will also be the first to have a comprehensive product portfolio along a DPoS consensus that will allow a triple advantage in validation speed, safety, and rewards for cryptocurrency holders.

THE ICO APP

Karatcoin will create a decentralized gold market application by enabling established gold traders and providers to tokenize the same metal under one crypto-asset token, generating a highly liquid and stable market.

Communicate Straight to the Blockchain within the Web.

Manage your gold products
Check Blockchain Transactions
Vote to elect the gold mines
Top 50 Cryptocurrencies available
85 Currencies supported
Live trading
Fast Execution
10 technical indicators
Detailed Market analysis
Updated News
SHA512 Security encryption
Multi-platform available

Token Sale

Tokens will have a vesting period of 10 years accordingly to the table below

Token Distribution

GENERAL INFORMATION

Karatcoin DAO Token (KCD) is a fully ERC-20 compliant Ethereum utility token and
will be available in exchange for Ethereum (ETH) contributions
Total number of KCD Tokens that will be generated during the distribution are 1
billion equivalents to $100,000,000.00
Number of KCD Tokens that will be allocated for the Crowdsale are 370,000,000
KCD (37%)
Token Crowdsale (Presale + ICO) Hard Cap: ETH in equivalent of $25,000,000.00
Soft Cap: ETH in equivalent of $3,000,000.00
Offered Token exchange ratio: 1 KCD = 0.1 U.S. dollars
Contributions validation time will be communicated on the website
coinmarketcap.com

Details:

Know Your Customer (KYC) procedures, where contributors disclose their personal information, are required in both phases before contribution. 30% 33% 37%
Team Sales & Token Foundation Advisors 75. Our goal is to collect $ 1,000,000.00 at Presale and an additional $ 24,000,000.00 on public crowdsale in equal Ethereum contributions. After we end crowdsale, we will distribute all tokens to contributors. This might take several days depending on Ethereum. In addition, unsold tokens in the Presale period will be transferred to the crowdsale public phase with different bonuses. Unsold tokens during Crowdsale will be transferred to the fund, dedicated to the Karat Foundation charity plan. If the equivalent value of all contributions will not reach the soft hat, all contributions will be returned to the address of Ethereum of the contributors. Excess contributions at ETH, received after the individual phase hard stamp is reached, will be reflected or returned to the address of the contributing Ethereum, reduced by transactional costs (GAS). Contributors should NOT contribute ETH directly from the online exchange, as KCD tokens will be returned directly to the contributing address, which may not be able to accommodate our tokens. All contributors MUST contribute ETH from their personal Dompet Ethereum. For more information, please refer to the Sales Conditions available on our website
karatcoin.co.

Token Sale Division

On Ethereum, to create our DAO, the Token Sale will be divided into 2 parts:

STEP 1: Presale
In the first step, we have planned a presale campaign to start the project. This step is dedicated to early contributors and private investors. However, we reserve the right to introduce an invite-only Private Presale contribution period depending on our financial partners.

KCD Tokens distributed during the Presale period will not exceed 3% of all the available KCD Tokens assigned to the contributors for the Token Sale
10,000,000 of KCD will be allocated for a value of $1,000,000.00
Minimum contribution: $50,000.00
A 30% bonus of additional KCD Tokens for all accepted contributions will be assigned to the participants for a total value of $300,000.00
Start date: not set yet
Presale of the Karatcoin tokens will start on 2° quarterly 2018 for 15 days
Fiat, Bitcoin and ETH will be accepted

STEP 2: ICO

The price that users get depends on how early they buy in.
KCD Tokens distributed during the ICO period will not exceed 65% of all the available KCD Tokens assigned to the contributors for the Token Sale.
During the ICO, 240,000,000 of KCD will be allocated for a value of $24,000,000.00
Minimum contribution: 0.1ETH
A bonus scale of additional KCD Tokens for all accepted contributions will be assigned to the participants for a total value of $2,539,200.00