GIDCOIN

UPIK05

INTRODUCTION TO GIDCOIN

Gold and Diamond industry is big and also filled with the opportunity of disrupting and with many opportunities. GIDCoin wants to make them as a big part in Gold and Diamond Industry and help people involved in them make more profit than they were ever able to.

GIDCoin wants to make an international currency which is covered by real assets which is diamond and Golds and which will be based on blockchain. Blockchain is mostly for the part of security. The uniqueness of the coin will be, The value of this coin will be independent of any centralized decisions of governments. Another thing is the value of the coin will keep growing or stay stable even in hard economic times. They choose both diamond and gold as their main base because they believe in diversity.

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.

Gold and Diamond, two of the most valuable and rare material in the whole world. The industry based on Gold and Diamond is pretty big and there are many people involved in them. But till now, no one has even thought about making a currency which will both bear the value of Gold and Diamond.

Gold is a unique asset: highly liquid, yet scarce; it’s a luxury good as much as an investment. Gold is no one’s liability and carries no counterparty risk. As such, it can play a fundamental role in an investment portfolio.

Gold acts as a diversifier and a vehicle to mitigate losses in times of market stress. It can serve as a hedge against inflation and currency risk.

Key facts that investors should know:

Gold is a mainstream asset driven by many factors, not just investment demand
Gold is one of the most effective diversifiers
Gold provides competitive returns compared to other major financial assets
Gold offers downside protection and positive performance
Over time, fiat currencies – including the US dollar – tend to fall in value against gold.

The combination of these factors means that adding gold to a portfolio can enhance risk-adjusted returns.

But how much gold should investors add to achieve the maximum benefit? Portfolio allocation analysis (based on the seminal work of Richard and Robert Michaud) indicates that investors who hold between 2% to 10% of their portfolio in gold can significantly improve performance. This is also true even when assuming a conservative average annual gold return of a modest 2% to 4% – well below its actual, long-term historical performance.

The use of diamonds as an investment and financial hedging tool has grown rapidly over the last few years.

The reason is quite obvious and actually makes lots of sense:Diamonds don’t take up room
A diamond is durable – It doesn’t break or wear off
Inflation Proof
This is actually true to most physical commodities.
You can enjoy it while you have it
Psychology

GID Coin covered by Diamonds & Gold)

GID Coin is an international cryptocurrency covered by two most valuable precious goods in the world (Diamonds & Gold), powered and secured by Blockchain. GID Coin is hybrid token (Payable/Asset) which is covered by real assets, secured in bank vaults.

GID Coin value is covered by polished diamonds and gold bullions. Two most expensive natural resources in the world. In case that gold in equation weight=price loosing to polished diamonds, so the proportion of diamonds/gold looks like 2/1. It means that 2/3 of investments always will be spent on polished diamonds and 1/3 on gold kilobars. Hereinafter we can give you short description of the pricing and evaluation of them.

GIDCOIN

GIDCoin aims to be a company globally known and internationally used. They want to increase the profit using Gold and Diamond and for people involved into it.

GIDCoin work will be divided in two sides:

• Buying fully polished diamonds and golds from miners and producers

• Buying Raw diamonds and golds

The first one is the traditional way. They will buy straight polished diamonds and golds and make profit. 30% of their budget will go on this side

The second side will be the main goal of GIDCoin. Buying raw diamonds and golds and then polishing them with low cost and make huge profit out of it. This one will be divided in two stages.

First they buy rough diamonds and golds, turn them into real diamond and gold and keep them in safe place.

On the second stage they want to invest into mining sites in Africa to produce diamonds and golds themselves. According to them, because of their connections, the investment will be risk free and safe. And of course they will well known security for the safety of diamonds and golds and for mining. After that they are taken to places where they are polished, cut and everything and put into safe place.

The major different in this ecosystem is that the security and the time. Normally it would take around 60-90 to purchase a final product made from dust and all. But with GIDCoin it will be possible to do that in 1-14 days. And as it’s based on blockchain, they are able to provide the highest security and transparency possible.

LEGAL ASPECTS

New company Gold&Diamonds SA will be registered in Zug, Switzerland with branches in Geneva (Switzerland), Antwerp (Belgium), Luanda (Angola), Singapore, New York (USA). The company fully complies with all legal and regulatory laws of the operating countries. The safehouses will be located in Switzerland (UBS, Credit Suisse), United States of America (J.P.Morgan or Citibank) and in Spain (Santander) or in United Kingdom (Barclays). Insurance for certified product will be provided by AXA, Zurich Insurance Group and Allianz SE.

For banks assets such as polished diamonds and gold bullions are the most favorable, so in nearest future we expect interest to our project from other banks. All applicants go through KYC procedure for selling and buying GID Coins.

Company may check with the US Securities and Exchange Commission (SEC) and Monetary Authority of Singapore (MAS) whether they consider GID securities

GID AS A REAL PAYMENT CURRENCY

With cooperation with Revolut3 online bank, which are highly involved into cryptocurrency business we prepared personal credit card for the holders of our GID coins: • Revolut GID Master Card Black; Price for emission card = USD 100,00

ICO DETAILS

To raise the necessary funds needed to make the GIDCoin project success they decided to hold a token generation event on blockchain. The starting price of GID Tokens will be 20$ but they may vary when listed on exchanges or in pre-ICO.

Token Symbol: GID

Token Protocol: Ethereum

Total Supply: 50,000,000

Token Price: $20

Token Sale Amount: 15,000,000

Soft Cap: 40,000,000

Hard Cap: 490,000,000