GID Coin - Cryptocurrency of Diamond and Gold
This crypto coin will be secured by genuine resources, which will be protected and secured in vaults of legitimate banks all around. The estimation of this coin will be autonomous of any brought together choices of governments. The estimation of this coin will likewise develop consistently or stay stable notwithstanding amid hard monetary circumstances.
What Is GID Coin?
The GID coin is a global crypto coin that is secured by two significant resources: Gold and precious stones. This coin is controlled and sponsored by the blockchain. This coin is a crossover token that can be utilized for installment and as an advantage. The organization will have its base camp in Switzerland. It will work as indicated by the rules put forward by FINMA.
GID Coin Diamonds and Gold Cryptocurrency Project Ideal
The organization has set its sight on two noteworthy destinations. The first is the buy of cleaned jewels and gold bullion. They will sort out the procedure from mineworkers and makers to guarantee that from the beginning they utilize less cash and win a tremendous benefit.
GID Coin GID Token ICO Details
At the ICO dispatch, the GID Coins will offer at about $20. Nonetheless, the cost may differ at the crowdsale because of changes in the conversion scale.
Financial specialists in the pre-ICO will get GIDE coins amid the pre-dispatch. This can later be changed over to GID coins when the organization secures enough gold bullion and cleaned precious stones. The GIDE tokens will be put on another blockchain and changed over to GID in the apportion of 1:1.
Pre-deal: Live Now
End date: June 18, 2018
GIDe Coins on special: 2,500,000
Markdown: 30%
There is additionally an airdrop for those that enroll for it on the GID coin site.
The ICO Soft Cap: 40,000,000 USD.
In the event that not as much as this sum is raised, all speculators will have their cash discounted to them.
The ICO Hard Cap: 490,000,000 USD
The GIDE tokens will be discharged once the ICO closes, which will be about a month after the ICO is finished.
Utilization Of The Funds
20% of assets gathered will be utilized to buy the jewels and gold bullion. The other 70% will be used for generation, which will involve:
The Diamonds
The buy of unpleasant precious stone from the mine or mining of jewels
Cleaning the mined jewels
Acquiring GIA and HRD affirmation
Protecting the bought precious stones
Setting the precious stones in a vault
The Gold
Acquiring crude gold from the mining site or mining the gold
Refinement of the mined gold
Affirming the gold
Protecting the gold bars
Setting the gold bullion inside a vault
The other technique they could utilize will occur in two phases. Initially, they will buy unpleasant precious stones from Africa, Canada, or Russia. These will at that point be sent out to a gold refinery or cutting workshop. They will then be put in a vault.
Some Links -
Website - https://www.gidcoin.io/
BitcoinTalk - https://bitcointalk.org/index.php?topic=3767748
Whitepaper - https://gidcoin.io/wp-content/uploads/2018/05/WhitePaper_En_GIDCOIN_0418.pdf
Twitter - https://twitter.com/gid_coin
Facebook - https://www.facebook.com/gidcoin/
Telegram - https://t.me/gidcoin
My Bitcointalk Username - pawanraila
My Bitcointalk Link - https://bitcointalk.org/index.php?action=profile;u=2012391;sa=summary
My ETH address - 0xcD82dd24B5581c6f2d1032DC91972BefF9717738
My Telegram id - @BlessedSajal