GOLDEN CURRENCY - The first cash block chain money is backed by 100% gold

September 09, 2018

Golden Currency is the first full-featured private currency project, a convenient and efficient infrastructure utilizing modern technology, including block chaining.

In other words, we are talking about creating a legitimate, independent, private analogue of the central bank that uses accumulated experience and modern technology to ensure reliable and convenient currency.

Golden's total infrastructure provides the user with a condition in which the currency to maintain his funds in terms of functionality is not important. Then, considering the advantages of the golden currency, it would be advantageous to make money with golden coins. The golden currency is not affected by national risk and inflation.

Increased use of currency, therefore, maximization of sales and profit generation of the project will be based on securing and developing competitive advantage.

The platform seeks to create and develop an infrastructure for the operation of new currencies, including:

• Global banking network (including banking infrastructure)

• Gold Store

• Encrypted call exchange

Golden Competitive Advantage.
There are many reasons to join Golden.

It is reliable and transparent.
The team uses block chains to perform transactions other than cash and to track Golden issuance and Gold support to provide independent control over systems and transactions. This transparency prevents users from stealing bullion, hacking, or legal issues.
Decentralization and desquamation Differentiation:
Golden issuance is not undertaken by all countries or centralized institutions and therefore does not pose any risk associated with it.
Gold backing:
One of the main benefits of gold currency is 100% gold medal support to protect against inflation and political and other national risk. This means the possibility of exchanging gold for gold.
Electronic and Cash Payment: The
amount paid by the company's block chain ecosystem can also be paid by electronic payment and cash settlement. The transactions are very secure because the company uses universality and anonymity. You can also perform transactions anytime, anywhere.
Easy to use: Make the most of your
bank, ATM, card, and other infrastructure, and reduce maintenance costs to improve your convenience by automatically converting to passwords and other currencies.

Initial Coin Offering (ICO)
The key steps in the initial coin offering will be from September 1, 2018 to October 15, 2018. Prior to that, there is a Pre-ICO stage where buyers can enjoy various bonuses. The ICC Golden Capital Token (IGCT) is issued in the Initial Coin Offering.

Soft caps for the event are expected to be $ 10 million and hard caps for the $ 250 million. The total amount of tokens used in Pre-ICO is 7,600,000. 250 million tokens are provided to ICO without additional issuance. Pre-ICO and ICO tokens that are not sold are all burned.

The purpose of the ICO is to raise funds for issuing gold currency. It is also used to build the infrastructure needed for use and development. Therefore, the funds raised during the ICO period are distributed as follows.

Funding:
Funding will vary depending on the amount raised during the ICO period. If the amount collected is between $ 10 million and $ 100 million, the way the fund is distributed is as follows:

The largest proportion of funds, or 35%, will be used for initial gold currency issuance and gold purchases, and 30% will be used to establish a gold bank network.

However, if the funds received from ICO are between $ 100 million and $ 200 million, they will be distributed.

42% of the total funds are used for initial gold currency issuance and gold purchases, and 30% are used for the establishment of a banking network.

Technology advancements, including Golden Exchange and operating costs, will receive 10% of the funds. 10% of the fund is retained by the founder and 5% is used for marketing. Finally, 3% of the funds are allocated to torture and employee compensation.