KARATCOIN - The Future of Gold Crypto Asset

in #ico6 years ago

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Blockchain technology is experiencing tremendous development. This is seen from the number of projects that appear every day. However, the application of this technology to the real world is not yet perfect, which hampers the use of this technology massively. But lately, many projects have adjusted the project to the real world, one of which is Karatcoin. Karatcoin is a blockchain project that focuses primarily on gold.

Gold is a precious metal that has been known for a long time. Gold is produced from mining activities in gold mining which are then processed in such a way that they become products that we know. This product can be in the form of bars, coins, jewelry, and others.

Gold can be used as a medium to store wealth as an asset or investment. Many people choose gold as an asset or investment because gold offers many benefits, such as gold is easy to sell, low risk of either inflation or disaster, easy to move, easier than stocks or property.

Karatcoin is a consultation system that focuses on the development and growth of mining from selected gold mining companies. The Karatcoin platform is intended to trade gold certificates, exchange Karatcoin tokens, and store and exchange currencies using gold cards, where millions of investors can find the best golden opportunity to invest, trade and exchange without worrying about traceability.

Karatcoin Features

  1. No Geo-restrictions

Once the gold has been turned into gold tokens (KCG), you can redeem it to fiat or to physical bullion gold through the withdrawal smart contract at any time in anywhere, without geo-restrictions.

  1. Store Physical Gold

You can safely store Physical Gold asset in the vault. Each KCG (Gold Token) represents 1 gram of 99.99% LBMA standard gold securely stored in Safehouse Vaults, which means the gold is safe from political influence and increase its value over time.

  1. DPoS Consensus

Karatcoin Blockchain uses Delegated Proof of Stake (DPoS) consensus mechanism which is the fastest, most efficient, most decentralized, and most flexible consensus model available. These delegates are assigned to run the network and are rewarded with block rewards. In addition, fees will be used as returns for stakeholders instead of miners.

With 10 seconds validation block time, the Karatcoin network will be one of the fastest in the industry.

  1. Backed By A Real Asset

Karatcoin is less volatile than other cryptocurrencies because it’s indirectly linked to a real asset, which is gold, with an owned blockchain.

  1. Earn Fixed Revenue

Karatcoin offers a safe investment product which is a gold certificate. Gold Certificate gives you coupons every six months with an interest up to 6%. Each Gold Asset Certificate has a value of 1,000 USD.

Gold Certificate Coupons are paid automatically (in KCG) through smart contracts every six months.

  1. Gold Mines Profit

KCX (Karatcoin Blockchain Token) will give the owner the right to vote all Karat Foundation activities, including choosing a gold mine that will be financed and for the active interest that will be felt from the funds given to the selected mine.

Karatcoin Token
Token symbol: KCD

Standard: ERC-20

Token type: Utility

Total token: 1,000,000,000

1 KCD = 0.1 USD

Soft Cap: 3M USD (raised)

Hard Cap: 25M USD

ICO is LIVE with 10% bonus. For more info, visit https://karatcoin.co/ website and read the whitepaper.

Visit: https://karatcoin.co/#tokenSale
Website: https://karatcoin.co
Whitepaper link: https://s3-eu-west-1.amazonaws.com/karatcoin.co/files/docs/KC_WP.pdf
ANN: https://bitcointalk.org/index.php?topic=4932340
Telegram: https://t.me/KaratcoinGroup
Author : Ranjanies
Profil bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2347408
Wallet : KTCaxFF1uLaSzILSLZRlpplipdcVYUaf1YV

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