KARATCOIN : A DECENTRALIZED CURRENCY FOR PHYSICAL GOLD ASSETS

Introduction

The decentralized area is strangely new and is recognized as a project still in its infancy, but with big improvement possibilities in almost all sectors of the economy. Karatcoin (https://karatcoin.co/), combining centralized and decentralized worlds, creates a platform primarily based on Blockchain era for buying and selling gold certificate. This platform is directly related to gold mines (the places wherein there are and are being advanced valuable minerals in our case is gold). Karatcoin task may be the first clever decentralized entity who specially cope with the functioning of physical gold viz. mining, storing, trading and many others. Karatcoin basically supplying financial offerings as a way to seize the gold market initially. Karatcoin will consciousness on the development of gold & mining boom of gold mining groups. Karatcoin constructing a platform to exchange gold certificates across all borders, change karatcoin tokens, also save & alternate currency the use of gold playing cards.

The difficulty in finding gold in the market;

• value of bonds: a bond inside the marketplace is now unreliable One have to fear approximately the opportunity that the sector is in an detrimental deflationary economic entice.
• the bond marketplace no longer lags behind the "deflation curve";
• one of the most important drawbacks inside the debt assist device is the debt of patrons who do not satisfy their contractual responsibilities;
• unused gold;

The company will solve these problems as follows:

The KARATCOIN platform is directly connected to running gold mines, in an effort to receive funding to help boom gold manufacturing. The greater the financing of KARATCOIN, the better the aggregated gold manufacturing, which, in flip, will increase the price of the KARATCOIN cash.

on the decentralized Ethereum platform, you should purchase Karatcoin gold certificates with specific adulthood dates and corresponding semi-annual coupons with a yield of five to 6%, depending on its period.

With the help of smart contracts, you can alternate money, belongings, stocks or some thing treasured in a obvious, struggle-loose way, at the same time as warding off the services of an middleman. one of the advantages of using smart contracts is that the method can be computerized. consequently, if the brink isn't always reached, then all of the money is returned.

How does Karatcoin work?

Karatcoin objectives to deal with all the issues listed above. some of the center surroundings functions consist of:

Direct hyperlink to gold mine:
the foundation of Karatcoin might be linked at once to gold mines. Karatcoin claims to have selected a number of mines primarily based on “abilities, basis, structural reliability and monetary rank.” Karatcoin also claims no intermediaries involved inside the system: they make investments at once in gold mines.

Bond yields variety from 5 to 6%:
Karatcoin will issue “Karatcoin Gold belongings certificates” with distinctive maturity dates. those bonds pays five–6% of their yield relying on their maturity. A one-year bond, for example, pays hobby at five% per annum and 5-12 months bonds pay hobby at 6% in keeping with annum. earnings are paid every six months until maturity.

clever agreement:
The deal between Karatcoin and the investor will be managed via clever contracts.

Karatcoin’s document addresses gold mining in South the us and Africa. The white paper does not mention any precise organization or mine in any of the indexed countries. it's far only a listing of the pinnacle gold generating countries in each regions.

basically, Karatcoin will hold the gold for you, after which you can hold the virtual control of that gold thru products together with gold cards and gold certificate.

Token Details

Token Name: KCD

Number of KCD tokens: 24,000,000 KCD (24%)

Hard cap: $ 24,000,000.00

Soft cap: $ 3,000,000.00

Token exchange rate: 1 KCD = $ 0.1

Minimum purchase: 3 KCD

Maximum purchase: 25 KCD

Platform: Ethereum

Location: United Kingdom

Conclusion

Karatcoin is an electronic cash project in search of to put gold certificates into the Ethereum collection. The platform will digitize your gold stock, then permit you to keep them to your Karatcoin wallet in your cellular tool. you can freely alternate Karatcoin token and gold certificate thru the application.

For more information:

Website: https://karatcoin.co/
ANN: https://bitcointalk.org/index.php?topic=4932340.0
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
Angel: https://angel.co/karatcoin-1

About Me
My Profile: https://bitcointalk.org/index.php?action=profile;u=2244922
Eth Address: 0xa4A208C7b431a83362287b8A63D2E675a8e9E15b

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