Investment in gold from the project Karatcoin. About project tokens. Project Road Map

ravshang71 (35)in #ico • 6 years ago

Like any blockchain startup, the Karatcoin project will have its own token. But unlike other cryptocurrencies, its value will be based not only on its trading opportunities, as a means of speculation, but will have a real basis in the form of gold. The cost of one KRG token will be equal to one gram of gold with a purity of 99.99%. Due to this, this token from Karatcoin can be safely called a steyblockcoin (from English stablecoin - a stable coin), because its course will not change as dramatically as other cryptocurrencies. On the Karatcoin platform, it will be possible to buy gold, but at the same time it will be stored in secure storage facilities from Karatcoin, as well as to make profitable deposits at interest in gold and US dollars.

In addition, a decentralized management system will be introduced, based on collective decision-making by voting by depositors with KRD DAO tokens (the second Karatcoin token, secured not by gold, but by an eternally green US dollar at the rate of 1 KRD = $ 0.1). Including collective decisions will be taken on the choice of a mine for gold mining.

The Karat charity foundation, represented by its creators, has set good goals for improving labor in the gold mining industry. They will invest in improving the infrastructure and economy of small gold mines and mines. Also, by increasing the development of gold deposits, which are often found in poor and underdeveloped countries, the Karat Foundation will develop their economies. In addition, the creators and managers of the Karatcoin platform are planning to regularly organize charity events with specific goals and collection amounts. In addition to traditional offline events, online promotions will also be held, funds raised during which will be transferred to the Karat fund through smart contracts on the Ethereum blockchain, on which the Karatcoin platform works. Also, Karatcoin provides not only opportunities for investing in gold, but also a credit system issuing loans in Karatcoin tokens.

Project Road Map:

The beginning of the development of the blockchain project Karatcoin began in September 2017. The first few months were spent on attracting specialists, developing documentation and exploring mechanisms for the work of the project and their profitability. In the spring of 2018, the business plan was fully prepared and in the summer, the developers began to create a decentralized Karatcoin application in which all trading, investments, charitable fees and donations will be carried out, as well as all statistics and analytics of the gold market. The application will be cross-platform, at the moment its alpha version is ready, which can be downloaded from the Karatcoin website. Autumn of the current 2018 will be allocated for the ICO campaign, during which the Karatcoin project will collect the necessary investments for the development of the blockchain, the development of applications for all platforms, as well as the development of the gold mining infrastructure, on which the Karatcoin economy will hold. The first results, according to the roadmap, can be expected by March 2019. I think that the results of the project will be positive, and I believe that such an experienced team will succeed in realizing all the intended goals.