Golden Currency

the first fully functional private currency project, a convenient and efficient infrastructure with modern utilization of technology, including blockchain

The Gold Currency Project is truly a unique offer from what is already on the market. This is the first decentralized currency, which has a full supply of gold. In fact, the project envisages the creation of networks based on blockchein technology, which can replace traditional regulators and the basic elements of their infrastructure.

Network development provides for the creation of conditions in which each participant is indifferent to information on the choice of currency for the storage of his own assets. At the same time, the Gold Intranet currency because of the availability of gold security will be completely immune to the inflation process and the national character risk that is typical for other currencies.

what is a Golden Currency?

The Golden Currency is the first private currency project that is fully functional, a convenient and efficient infrastructure with modern utilization of technology, including blockchain. In other words, we talk about creating a legal and independent analogue of the Central Bank, which uses accumulated experience and modern technology to ensure a reliable and comfortable currency. The following are some of the benefits that will be provided by the new currency:

Attendance in cash (paper, anonymous) and non-cash forms.
Independence from the government, political or economic situation in Indonesia in any country, but at the same time the full legality functions.
100% supported by gold, storage and management is carried out independently from the publisher; Golden owners have guaranteed opportunities to get gold in exchange for Gold
The use of modern blockchain technology for currency infrastructure (starting from ensuring independent and reliable gold storage, and ending with the implementation of payments and conversion currencies)
Convenient, fast and inexpensive conversion into world fiat currencies and crypto currencies (links between fiat and crypto currencies)
Modern modern money infrastructure - ATMs, bank cards, POSTAL, online banking, mobile applications, etc.

All Golden infrastructure will provide users with conditions that will not be a problem where the currency to save funds in terms of function. And if so, taking into account the advantages of Golden currency, it would be beneficial for users to save money in Golden, which is not subject to national risk and inflation.

Increased use of the currency, and therefore, maximizing the turnover and monetization of the project, will take place on the basis of ensuring and developing its competitive advantage.

The project developers have set themselves the task of creating a financial model consisting of several basic elements:
The presence of the Creep Gold currency, which has a full gold guarantee for the entire volume of problems.

The presence of a full infrastructure that provides users with many opportunities to manage financial resources.

As part of the project, the developers plan to make:
Bank Golden Bank itself, which has global infrastructure capabilities;

Universal Exchange Gold Exchange, which operates in digital currency and "fiat" funds;

Depository for crypto currency gold security.

The use of blockchein technology in this case provides various actions based on reliability and safety.

When working with gold reserves, distributed lists provide the level of transparency and publicity needed at the right level of reliability from external influences.

In banking, block accounts provide the speed of transactions required, minimum payment transactions, a high level of security, and the ability to integrate operations with the foreign exchange trading platform.

When trading on the exchange, blockchein guarantees the speed and security of exchange transactions, including with "fiat" currencies. In this case, all operations are carried out at a minimum cost.

The establishment of a Gold Currency network provides support for several basic principles:
Full independence from regulators or certain other people;

High level of transparency for all transactions;

Anonymity of users is full at all stages of work;

Absolute legality and legality of operations carried out;

The highest reliability and security of network participant assets;

Use only the most modern and innovative technology.

Emission

Issuance of this problem is planned based on the results of the initial placement of ICO tokens, after Golden Bank was formed in the network. The portion of funds received as a result of ICO will be spent on purchasing gold reserves. After that, the creators will issue an emission note that provides a detailed description of the main parameters of future problems, their size, the cost of exchanging tokens for gold, and so on.

Provide

The main feature of the Gold Currency project is the provision of each coin with the appropriate amount of gold. It is expected that the collateral volume will be in accordance with the gold market value for the issuance period. Today around 0.02 grams of gold for 1 dollar.

Gold Exchange Currency Exchange

An important component of the ecosystem created is the exchange of crypto with the ability to work with "phiath" money. Planned exchanges will be fully legal, will receive registrations and licenses that give the right to trade activities with digital and traditional currencies. This site will enable all types of exchange transactions, including when exchanging between two fiat currencies.

Exchange and bank Golden Currency will have a general basis, which will allow bank clients to do without the need for additional registration to work in the currency market.

For ICO

In the initial layout of tokens, scheduled for the period 16.04-16.07.2018, it is planned to release 5 million PGCT tokens, the main payment facility in the system. In addition, network developers have the right to make additional rounds of placement, where investors will be offered to buy 2.6 million additional coins. Thus, the total emissions will reach 7.6 million tokens.

The cost is 1 PGCT = 1 USD. At the same time, depending on the conditions for purchasing tokens, the sales conditions will be determined. The earlier the purchase is made, the more favorable the requirements for the buyer. The expected amount of funds submitted by the project team is $ 5 million.

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