What is Golden Currency project?
What is Golden Currency project?
Golden Currency is a project of the first fully functional private currency, convenient and efficient infrastructure with utilization of modern technologies, including blockchain. In other words, we are talking about creating a legal and independent private analogue of the Central Banks, which uses the accumulated experience and modern technologies to ensure reliable and convenient currency.
Golden Currency is 100% supported by gold. Not only that, the company also takes advantages of the crypto currency technologies. By applying the technology, the costumers can be linked to crypto currency. At the same time, the company’s system will also have the same regulations just like the fiat currency has. Though, the company mainly uses gold in the transactions, but there will be nothing you should be worried about its legal issues. The system applied in the crypto company is fully legal and conducted by using transparent currency.
Golden Currency's Feature
Stable, reliable and transparent money. Gold-backed. Using blockchain. Perfect payment and investment tool
Non-national and non-politicized. The emissions are done not by governments, and not in favour of any government
Convenient money. Independent modern infrastructure (ATMs, cards, etc.). Easy payments and conversion into crypto and fiat money
Cash and electronic payments. Anonymity and universality of use (in any place of the world)
Golden Currency's Market
Lack of asset-based money in the world. There is no country in the world that has 100% assets-based currency
Lack of independent legal money. All currencies depend on political and economic situation of the country where they are issued
Lack of inflation-free money. Examples of hyperinflation show the possibility of up to 98% per day inflation
Crypto currencies do not fulfill the function of money. Due to volatility, lack of cash usage, legal status, etc
How does Golden Currency work?
As said earlier, Golden Currency is a fully functional currency. However, it offers additional advantages. One of such is that, you can work into an exchange office to legally buy the currency with your national money.
Yes, it’s a lot like fiat like that. Yet, unlike your national money, you know the Golden currency in your wallet is not subject to inflation because it confers a fixed amount of gold. Furthermore, when the exchange value of said gold increases, so does the value of the money. Hence, serving as a good source of passive income.
And if you are interested in having your Golden Currency in electronic format, it is just as easy. These advantages offered by this gold-backed cryptocurrencies makes it more competitive than other fiat and cryptocurrencies. Users can enjoy the benefit of both without the drawbacks.
Since Golden currency will exist in different modes of payment, users will have access to a range of possible money transaction which include;
• Cash
• Electronic Payment
• Wire Transfer
Also, each Golden is expected to be backed by approximately 0.02 gram of gold, that’s an initial equivalence of at least 1 USD. The details of the gold backing and denominations will be released before the initial issuance.+
Roadmap:
Info About Token
The initial funding of the project is done by the founders and early investors. Major fundraising is planned through crowdfunding campaigns, in two stages - pre-ICO (preliminary stage) and ICO (main stage). Prior to the main stage, immediately after the announcement of the project, seed rounds will commence after the pre-ICO participants will be given a PGCT token, issued under smart contracts based on ERC20 Ethereum.
For ICO
Pre-ICO lap term: 16 Apr 2018 - 16 July 2018
Bonus for pre-ICO rounds participants: 15-25%, special provisions for purchasing 100,000 $ +
Payment methods: Bitcoin, Ethereum, Dash, Visa / MasterCard, etc.
Cost of 1 PGCT token: $ 1
Technology Token PGCT:
Token ERC20 based on Ethereum
Immediately join preregister with token sales here and get the benefits.
Token Information
Token Name : PGCT
Platform : Ethereum ERC20
Accepting Payment : ETH
Token price : 1 PGCT = $1
pre-ICO : 5,000,000 PGCT Token
Hard Cap : $ 5 million
You can visit the following:
Website : https://goldencurrency.world/
Twitter : https://twitter.com/goldencurrency/
Telegram : https://t.me/Golden_Currency
Medium : https://medium.com/goldencurrency
Bitcointalk : https://bitcointalk.org/index.php?topic=3217315.0
Whitepaper : https://goldencurrency.world/white_paper_eng.pdf
Author: tinhkhuat
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1885373