KARATCOIN - The Best Value On Crypto Exchange and Trading(Smart and Decentralized)
Hello dears! In my review, which came out earlier, I also talked about the Karatcoin project, its economy and the services for investments that are planned to be developed on it. In the same post, I will tell you about its other aspects – ISO, the progress of development and a particularly interesting point – the charity Fund "Carat", which is probably the first charity Fund built on the ecosystem of block chains.
Go!
Innovations in gold investments from the Karatcoin project
For those who have not watched the last review, I will briefly tell you the essence of the economy of the Karatcoin platform.
Like any blockchain startup, they will have their own token. But unlike other crypto currencies, 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%. Thanks to this, this token from Karatcoin can be safely called a fashionable word "stablecoin" (from the English stablecoin – a stable coin), because its rate will not change as sharply as other crypto currencies.
On the Karatcoin platform, you can buy gold, but it will be stored in protected vaults from Karatcoin, as well as make profitable deposits at interest in gold and us dollars.
In addition, a system of decentralized management will be introduced, based on collective decision-making by voting by depositors who have DAO tokens KRD(The second karatcoin token, provided not with gold, but with an eternally green us dollar at the rate of 1 KRD = 0,1 $). Including collectively will make decisions about the selection of the mine for the extraction of gold.
Karat charity Foundation
Karat project in the face of its creators sets a good goal to improve 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 in poor and underdeveloped countries, the Karat Fund will develop their economy.
In addition, the creators and managers of the Karatcoin platform plan to regularly organize charity events with specific goals and collection amounts. In addition to traditional offline events, there will also be online promotions, the funds collected during which will be transferred to the Karat Fund through smart contracts on the Ethereum blockchain, on which the Karatcoin platform operates.
Also, Karatcoin provides not only opportunities to invest in gold, but also a credit system that issues loans in Karatcoin tokens.
A road map, and ISO from the project Karatcoin
The development of the Karatcoin blockchain project began in September 2017. The first few months were spent on the involvement of specialists, development of documentation and study of mechanisms for the project and their profitability. In the spring of 2018, the business plan was completely ready and in the summer, the developers began to create a decentralized application Karatcoin, which will carry out all trades, investments, charitable fees and donations, as well as display all the statistics and Analytics of the gold market. The app will be cross platform, at present already ready alpha version, which can be downloaded on the website Karatcoin.co.
September 2018 will be allocated for the conduct of the IDF campaign, during which the project Karatcoin collect the required investment for the development of the blockchain application development for all platforms, as well as on the development of infrastructure in the energy, which will keep the economy Karatcoin.
The first results, according to the road map, can be expected by March 2019.
Project website: https://karatcoin.co/
white paper: https://s3-eu-west-1.amazonaws.com/karatcoin.co/files/docs/KC_WP.pdf
ICO website: https://karatcoin.co/#tokenSale
Ann Thread : https://bitcointalk.org/index.php?topic=4932340.0
Authorship: savench
BTT profile link- https://bitcointalk.org/index.php?action=profile;u=2396007;sa=summary