KARATCOIN - The Best Value On Crypto Exchange and Trading(Smart and Decentralized)
Hello dears! Today's review will focus on a platform with global and lofty goals.
The Karatcoin project plans to create a global blockchain infrastructure for investments in gold mining, as well as to develop its own crypto currency token, which will be provided with gold. The creators of Karatcoin want to make investing in gold and storing gold assets simple and accessible to all people on Earth.
In addition, they plan to introduce charity on the blockchain, through the creation of a special Fund. Sounds pretty tempting and interesting? Let us look at the project Karatcoin detail!
The economy and ecosystem of the platform Karatcoin
The main essence of the Karatcoin platform will be to create convenient conditions for investors who want to keep their savings in gold. To do this, several services and mechanisms will be implemented, based on the blockchain and not only: - the First and most important part of the Karatcoin economy is their gold token – KTG. 1 coin which will be equal to 1 gram of gold purity 99.99%. It will be a stablecoin that will allow you to safely store your savings and deposits, avoiding sharp jumps in the rate to which other crypto-currencies are subject, the value of which is provided only by their investment and trading ability.
The second innovative solution offered by the creators of the Karatcoin project is the so-called gold card. It is a kind of bond, which is secured by a certain gold reserve stored in a secure storage, which is provided to users by Karatcoin and their partners. It is not even necessary to explain how difficult it is for an ordinary average investor to organize his gold storage, it is almost impossible. But for such a large company as Karatcoin it is real and they are happy to share this opportunity with other people, allowing you to keep in their safes the gold bought for their tokens. - For those who do not believe in the capitalization and investment abilities of real gold, the Karatcoin platform provides
Gold certificate. These are savings accounts for investments secured with gold and us dollar, with a fixed monthly interest rate and a limited validity period of 6 months. In fact, these are the same Bank deposits with monthly interest, only on the blockchain.
Another investment option will be a Gold accumulation plan, in which a certain amount will be debited from your Karatcoin account on a monthly basis, and the system will buy gold on it. Profit here will depend on short-term fluctuations in the price of gold bars.
For domestic payments platform Karatcoin get a separate DAO token. It will be able to transfer funds to other users and organizations anywhere in the world. The DAO token will also be used for voting and making collective decisions on the Karatcoin platform, which is due to its decentralized blockchain structure. Among other things, it will be possible to vote for the choice of a mine or a Deposit for gold mining, on which the economy of Karatcoin will be built.
Decentralized application from Karatcoin
For all transactions, trades and transactions on the Karatcoin platform, a special application will be used, which will be supported for payment of more than 85 currencies (including more than 50 of the most popular crypto currencies). With the help of the application, you will be able to track trading rates, jumps in the rate of gold prices. At the same time, the developers claim a high speed of operation and transaction processing, as well as work through the Sha 512 encryption.
The application is decentralized and multiplatform, you can download a trial version from the official website of Karatcoin.
Other aspects of the project, such as the development stages and ISO, as well as their charitable Foundation, I will tell you in the next review.
Project website: https://karatcoin.co/
Get further informations from 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
Author: YUlka_Holod
BTT profile link- https://bitcointalk.org/index.php?action=profile;u=1785944;sa=summary
