My insight about Karatcoin "Blockchain-Based Gold Crypto Asset Platform"
I know everyone of you here looking for the best ICO to invest and participate within the crypto space. I would like to share with you this ICO that struck me with its unique concept that might disrupt or adds new flavor in the crypto industry. Ive been a cryptho enthusiast for almost 1 year and I know how some projects bloom based on their platform.
During those stayed in this business. I managed to gain some knowledge and skills to investigate and scrutinize some ICOs based on their performance. Also, I admit some failed investment along the way has been met but I don't regret cause I learn from it and makes me more vivid and curious person about different projects. I already gain few bucks from crypto just by investing, joining some campaign and trading. Also, been scammed along the way, this is the reason why I become sensitive when picking a project so those incidents will never occurred again. My ways of determining good projects improve and I've been effectively using it every time I encountered new project.
There are many aspect, idea, characteristics and features that must exist in a project that we should analyze thoroughly in order to understand the real value of coin.
Now, I stumble upon this project that I find some interest due to its unique offer. The idea is simple and probably most will be attracted especially investors. But I'm not hooked due to that but the way their application towards the idea will be utilized. The project called Karatcoin, It is a new start up ICO that will focus on gold asset which will integrate into blockchain technology.
Karatcoin has simple means of business. In my own understanding I think, they want to combine a centralized aspect of gold investment and the decentralized activity of blockchain into one perfect synced opportunity to diversify a unique business plan. This actually hard since many will oppose with this but lets try to support those people who are introducing a way to generate more privilege for everyone.
Karatcoin will introduced a decentralized gold market application aside from its natural usage such as jewelry, computer fillings and just a stored high valuable currency being kept on the vault. Gold traders and mining companies will likely venture with tokenization of gold physical form into a crypto asset digital fund in which will both have same value that has potential to generate high liquidity and increase gold value in a different way.
KARATCOIN OFFERS SIMPLE FEATURES INSIDE THEIR PLATFORM....
NO-GEO RESTRICTION - This means, physical gold will be converted into digital gold whereas can safely transfer or received worldwide. What is the advantage of it? The gold equivalent of it stored on its origin keeeply safe and taxes are deducted in the transaction of it.
STORE PHYSICAL GOLD - Instead of bringing the gold in some store for transaction, Karatcoin will issued a Gold Certificates that connected in the blockchain wallets which is far and safe feom political influence.
DPOS CONSENSUS – This is the consensus mechanism used by EOS which managed to uphold 5k tps and lower fee. Good decision the team utilize this for karatcoin ecosystem.
EARN FIXED REVENUE - By having gold certificate, based on the business model the users will received 2 half-yearly coupons with up to 6% interest.
GOLD MINE PROFITS - This is my favorite, since the holders of karatcoin will entitled to vote for gold mining firm to finance which will serve as a leverage income once the gold mine already operating. Cool right?
If you want a full detail of their project, you might wanna read everything on their whitepaper for complete information: https://s3-eu-west-1.amazonaws.com/karatcoin.co/files/docs/KC_WP.pdf
For details about Karatcoin project don't forget to visit the following important site and social links:
Website: https://karatcoin.co/
ANN Thread: https://bitcointalk.org/index.php?topic=4932340
Whitepaper: https://s3-eu-west-1.amazonaws.com/karatcoin.co/files/docs/KC_WP.pdf
Telegram: http://t.me/KaratcoinGroup
Medium: https://medium.com/karatcoins
Facebook: https://www.facebook.com/karatcoin.co/
Twitter: https://twitter.com/Karatcoins
Github: https://github.com/DreammyOrg/Karatcoin
Creator of this article: https://bitcointalk.org/index.php?action=profile;u=1269701