KARATCOIN (KTC) ICO REVIEW

https://bitcointalk.org/index.php?action=profile;u=2347427

Problem

Gold mining products, gold mining leaves many stories behind. Gold mining which promises big profits results in many illegal activities or even ignoring all ethical codes and environmental standards to get more profits, which has a very bad impact on workers, society and the environment.

In carrying out its mining operations, many mining companies ignore the code of ethics that must be established and implemented in their running mines. Code of ethics that is discriminated against workers, harassment of workers, coercion work, employment of minors, facilities that do not support the work environment, hours of mining operations that exceed the maximum limit, and low compensation.

In addition, many mines also ignore environmental standards so that they have adverse effects on pollution and polluting water, destroying environmental habits, and producing waste that is harmful to the environment and health.

Solution

The Karat Foundation will be established in accordance with the UN Guiding Principles on business and human rights. The Karat Foundation aims to increase the gross domestic production of mining and ensure that the economic productivity is enjoyed by all investors and that any negative impacts from mining are also avoided or minimized.

The Karat Foundation is a non-profit organization whose goal is to establish a protocol with code of ethics that defines all the basic points that enable mining companies to join the Foundation.

All gold mining operations that join the Karat Foundation will meet the standards of the International Labor Organization (ILO), implement the Workplace Code, and where workers are employed.

Karat Foundation Products

The Karat Foundation will analyze, study and assess economic impacts in the field of social economy, which aims to develop socially effective planning and business activities.

2. Financial Product Foundation

Karatcoin offers a standard loan product for eligible members, a Karatcoin Loan (KCL), which will be given according to the success of the project status plan prepared by the office.

KCL is paid back by extracting physical gold (gold bullion, gold nuggets, gold dust, etc.) that the miner will send an official refinery to be converted to 0.999 gold bars, which are known to increase reserves of KCG gold .

3. Charitable Fundraising

To increase assistance to the mine, a fundraising campaign will be launched through platforms, events, conferences and hold lunches and dinner gala.

Each charity action will set the right target to be achieved and measure the amount needed to achieve this goal. If the specified amount is collected, the prize is offered in the form of a Karatcoin Token will be extracted.

The Karat Foundation will analyze, study and assess the economic impact of social economics aimed at developing socially effective business activities and public planning. The services offered by the Karat Foundation vary, such as investment planning, feasibility analysis, technical support, implementation of public policies, environmental impact analysis, monitoring, economic impact analysis, development of economic models, identification of good practices, monitoring and evaluating energy planning activities work, build partnerships and communication.