Karatcoin is a blockchain-based project

Karatcoin is a blockchain-based project

https://bitcointalk.org/index.php?action=profile;u=2347408

Karatcoin is a blockchain-based project that focuses on the development and growth of mining from selected gold mining companies. Karatcoin allows open and public authentication of all asset documents stored in a decentralized database through a protocol designed in the EOS Blockchain by integrating IPFS (Inter Planetary Files System) to track all authentication paths through the custody chain.

Karatcoin has 5 products that allow customers to maintain savings and investment in crypto currencies. Products from Karatcoin are:


1. Crypto Assets

KCG (GOLD Token) is a token that represents gold. 1 KCG represents 1 gram of 99.99% of the standard gold guaranteed by LBMA at Safehouse Vaults.

Advantages of KCG:

  • Safe from political influence and will increase its value over time.
  • Costs and repurchases based on the LBMA gold price.
  • Supported by gold bars.
  • Gold documents available for verification.
  • Can be drawn to fiat or physical bullion at any time, through the Smart Withdrawal Contract.
  • Every sale and purchase of gold is charged at 2.5% -3.5%.
  • Storage and insurance on gold are charged at a rate of 0.12% per year which is billed monthly with a monthly minimum of 4 USD
  • Fund withdrawal fees depend on the currency and destination of the transfer but usually not more than 30 USD.
  • Users can easily change their assets and transport them safely and legally anywhere. Physical redemption can be arranged if the user has at least 1 kilogram of gold.
  • The commission is charged for each KCG transition of 0.1% -0.3%. 85% of the commission from the KCG transaction is given to stakeholders and 15% for maintenance and marketing.

2. Crypto-Currency

  1. Karatcoin DAO Tokens (KCD)

KCD is a token that will be created during the Token Sale and distributed on Ethereum. KCD will migrate to Karat Blockchain in a 1: 1 ratio after the Blockchain is ready.

  1. Karat Token Blockchain (KCX)

KCX is a crypto currency which is a fast and convenient payment method with coverage all over the world to be used as a payment method for several markets and other economic activities. In addition, KCX is used to give the owner the right to select all Karat Foundation activities.


3. Gold Certificate

The Gold Asset Certificate consists of PoA information that is permanently uploaded into a decentralized database. This certificate has a certain duration and fixed income. Each Gold Asset Certificate represents 1,000 USD.

Karatcoin Gold Asset Certificates have different maturity dates and are related to semi-annual coupons with bond yields ranging from 5 to 6% depending on the duration, which is paid in KCG.


4. Gold Card

Each Gold Card is a personal wallet inside the Karatcoin Blockchain where Gold product is stored.

Advantages:

  • Physical gold assets are stored safely in Vault
  • Gold Asset Card refers to allocated assets;
  • All Gold Card Certificates are stored in a Cold Storage Wallet.

5. Accumulation Plan

The Gold Accumulation Plan (GAP) is the same general financial strategy as a savings plan, which is to set aside some gold each month.

Benefits of the Gold Accumulation Plan:

  • An investor contributes a certain amount of money to the fund periodically, thus, investors accumulate larger investment in funds through their contribution.
  • Wise ways for pension funds.
  • Investors can build a position over time.

Karatcoin Token

Token symbol: KCD

Standard: ERC-20

Token type: Utility

Total token: 1,000,000,000

1 KCD = 0.1 USD

Soft Cap: 3M USD (raised)

Hard Cap: 25M USD


ICO is LIVE with 10% bonus. For more info, visit https://karatcoin.co/ website and read the whitepaper.



Visit: https://karatcoin.co/#tokenSale

Website: https://karatcoin.co

Whitepaper link: https://s3-eu-west-1.amazonaws.com/karatcoin.co/files/docs/KC_WP.pdf

ANN: https://bitcointalk.org/index.php?topic=4932340

Telegram: https://t.me/KaratcoinGroup

Author : Ranjanies

Profil bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2347408

Wallet : KTCaxFF1uLaSzILSLZRlpplipdcVYUaf1YV

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