KARATCOIN IS THE FUTURE OF GOLD CRYPTO ASSET

To maintain trade turnovers in global economic relations, to guarantee guarantees of independence and financial stability, each state forms a gold and foreign exchange reserve, and these resources together form the gold reserves of the countries of the world. The volume of ingots stored in the state reserve, characterized the national wealth: the most valuable currency of the state with the maximum accumulation of their metal blanks. Printing each banknote was justified, because the bill, depending on the nominal value was provided with the exact value of precious grams or milligrams. In this way, the currency was kept from large inflation, but even with the devaluation of bills, only their value relative to gold fell. The centralized gold reserves of the countries of the world are currently regarded as a reserve for international payments and the maintenance of foreign economic relations. But the common man also has the right to accumulate his own fortune by investing money in the purchase of gold.

About Karatcoin

Our Vision

Our vision is to create a people-powered new economy that focuses on decentralized financial services that ensure both stable and aggressive investments linked to market fluctuations, and which also fuel the financial collateral needed for future projects. At the same time, we will also create an ecosystem for developers to utilize Karatcoin tokens as a framework for various Ðapp developments, thus accelerating adoption of blockchain technology.  

The Karatcoin Project is a consultancy system that focuses on the development and mining growth of carefully selected gold mining companies.

Our Goal

Our goal is to build a platform to trade gold certificates, exchange Karatcoin tokens, as well as save and exchange currency using gold cards.

We will build a platform where millions of investors can go to find the best gold opportunities to invest, trade, and exchange without worrying about traceability.

Our Mission

Karatcoin’s Platform is directly linked to operational gold mines that will receive financing to help increase their gold production. The more Karatcoin’s financing increases, so will the aggregated gold production of our mines, which in turn will increase the value of circulating Karatcoin tokens. All the mines selected by Karatcoin’s technical and legal team have been carefully analyzed for their production ability, operational background, structural credibility, as well as their financial rating. No third-party intermediary is involved in the selection and vetting process.

Karat Foundation

The Karat Foundation seeks to support community and civil society organizational initiatives that aim to ensure benefits are enjoyed by all miners, while also ensuring that any negative impacts are avoided or minimized

The Karat Foundation will be established in accordance with the UN Guiding Principles on business and human rights, especially conducting better control and surveillance work to ensure that gold is sourced responsibly and ethically.

Election of gold mines.

DAO members can contribute by voting for projects (gold mines and profitable financial projects) they consider deserving. These votes, together with the due diligence made by the foundation's finance office, will provide for the gold mining to be managed responsibly, with substantial economic benefits for the countries and their populations. The Karat Foundation will operate autonomously supervise and check that the quality parameters are respected and will not have direct control of the operations and external works of the members. 

Karatcoin Loan.

Karatcoin offers a decentralized loan product for eligible members, known as the Karatcoin Loan (KCL) through a smart contract issuing KCX (Karatcoin Blockchain Validation Tokens) with a financial term that is tailored to the needs of the purpose of the financing or the member country’s overall debt management strategy. 

Monitor progress and achievements.

The foundation, in the context of its social work of facilitated finance for selected small/medium gold mining companies, will continuously monitor progress and achievements to bring benefits between stakeholders of the foundation and the gold mining companies.

Benefits

Borrowers of Gold Mine, benefit from medium/long maturities (up to 10 years), transparent pricing, built-in hedging products to manage financial risks over the life of the loan, and the ability to customize repayment schedules according to project needs or debt management requirements.

Members of the foundation will benefit from interest income from financing. 

Charity Fundraising.

To increase aid to mines, fundraising campaigns will be launched through online platforms, events and conferences will be organized as well as organizing lunches and gala dinners. Karatcoin tokens will be offered as a prize for participation in individual events. Each charitable action will set precise objectives to be achieved and to quantify the sum necessary to pursue this goal. If the established amount is collected, the prize offered will be extracted.

For more details, please check out our documentation WHITEPAPAER

Features

NO GEO-RESTRICTIONS

There are no geo-restrictions, once the gold has been turned into crypto-gold, you can redeem it in any country*. Costs related to transport and related taxes are minimized by leaving the raw material in its place of origin.

STORE PHYSICAL GOLD

You can safely store Physical Gold asset in vault and keep it as Gold Certificates in your wallet on the Karat Blockchain, the gold is safe from political influence and will preserve and increase its value over time.

DPOS CONSENSUS

Fees will be used as returns for stakeholders instead of miners. This means a faster validation block time (10 secs), less power consumption and more security.

BACKED BY A REAL ASSET

Karatcoin is less volatile than other crypto-currencies because it’s indirectly linked to a real asset with an owned blockchain.

EARN FIXED REVENUE

Gold Certificates are safe investments. Our Certificate gives you 2 half-yearly coupons with up to 6% interest.

GOLD MINES PROFITS

Vote for the gold mines to be financed and participate to the active interests that will be perceived from funding given to the selected mines.

About our DApp

• Manage your gold products
• Check Blockchain Transactions
• Vote to elect the gold mines
• Top 50 Cryptocurrencies available
• 85 Currencies supported
• Live trading
• Fast Execution
• 10 technical indicators
• Detailed Market analysis
• Updated News
• SHA512 Security encryption
• Multi-platform available

Technical Info

The blockchain of Karatcoin will be developed on top of EOS technology, a software developed in C++ compiled with Clang that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications. This is achieved through an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters. The resulting technology is a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications

About the DAO token

It's based on ERC20 using the Ethereum Blockchain, which means fastest & transparent transactions with low fees.

About our DApp

There are currently versions for desktop, Windows (32 and 64bit written in Electron) and Mac.

There will be versions for mobile, iOS and Android, written in ReactJS and React Native respectively.

The DApp will communicate directly with the Karat Blockchain and the Karatcoin server (for the interface) run by Dreammy on Amazon.

The server will have a 64-bit architecture on Linux and the database (which will be used for secondary data and cold storage) will be hosted on Amazon RDS, both will always guarantee maximum security and best performance using the autoscaling function.

Sale of Karatcoin tokens on the Ethereum platform (ERC-20) has begun

• 03.09.2018 and end 11.11.2018
• Total number of tokens 24 000 000 KCD at the rate 1 KCD=0,1 USD.
• Minimum amount 100 USD.

Tokens are distributed as follows:

• 25% - sale of ICO
• 12% - sale PRO private placement
• 33% - Karat fund
• 26% - team
• 4% - advisors

Use of funds:

• 8% - financial salaries
• 8% - reserve fund
• 40% - development
• 10% - salary to developers
• 6% - advisors
• 16% - founder, copyright, licensing
• 12% - office and marketing

Roadmap

Information channels and Internet resources:

Website https://karatcoin.co/
Participation https://karatcoin.dreammy.io/register
Linkedin: https://www.linkedin.com/company/karatcoin/
Twitter: https://twitter.com/KaratCoins
Facebook: https://www.facebook.com/karatcoin.co/
Medium: https://medium.com/karatcoins
GitHub: https://github.com/DreammyOrg/Karatcoin
Bitcointalk: https://bitcointalk.org/index.php?topic=5018893
ANN: https://bitcointalk.org/index.php?topic=4932340

Author: Doblenk
Link: https://bitcointalk.org/index.php?action=profile;u=2179512