What is Karatcoin all about?
Karatcoin is a blockchain-based project that focuses on the development and growth of mining from selected gold mining companies. Karatcoin allows open and public authentication of all asset documents stored in a decentralized database through a protocol designed in the EOS Blockchain by integrating IPFS (Inter Planetary Files System) to track all authentication paths through the custody chain.
OUR PRODUCTS
From our product portfolio customers can maintain a form of savings as well as an investment in cryptocurrencies. That investment is suited to their individual needs, from the most aggressive who want to trade our cryptocurrency, to the most conservative that wants to accumulate a safe-haven asset like gold. Additionally, in order to beat inflation, our customers will be protected by our Certificates that have both a fixed maturity and semi-annual coupons paid in KCG.
Our products will be available in a marketplace developed inside our blockchain, and it will also be the first to have a comprehensive product portfolio along a DPoS consensus that will allow a triple advantage in validation speed, safety, and rewards for cryptocurrency holders.
KARATCOIN FEATURES
Our objective is to create a groundbreaking organization that blends the centralized and decentralized worlds perfectly. Our ambition is to create a multipurpose project destined to become a major market player that embraces constant and evolutionary growth.
No Geo-restrictions
Once the gold has been turned into gold tokens (KCG), you can redeem it to fiat or to physical bullion gold through the withdrawal smart contract at any time in anywhere, without geo-restrictions.
Store Physical Gold
You can safely store Physical Gold asset in the vault. Each KCG (Gold Token) represents 1 gram of 99.99% LBMA standard gold securely stored in Safehouse Vaults, which means the gold is safe from political influence and increase its value over time.
DPoS Consensus
Karatcoin Blockchain uses Delegated Proof of Stake (DPoS) consensus mechanism which is the fastest, most efficient, most decentralized, and most flexible consensus model available. These delegates are assigned to run the network and are rewarded with block rewards. In addition, fees will be used as returns for stakeholders instead of miners.
With 10 seconds validation block time, the Karatcoin network will be one of the fastest in the industry.
Backed By A Real Asset
Karatcoin is less volatile than other cryptocurrencies because it’s indirectly linked to a real asset, which is gold, with an owned blockchain.
Earn Fixed Revenue
Karatcoin offers a safe investment product which is a gold certificate. Gold Certificate gives you coupons every six months with an interest up to 6%. Each Gold Asset Certificate has a value of 1,000 USD.
Gold Certificate Coupons are paid automatically (in KCG) through smart contracts every six months.
Gold Mines Profit
KCX (Karatcoin Blockchain Token) will give the owner the right to vote all Karat Foundation activities, including choosing a gold mine that will be financed and for the active interest that will be felt from the funds given to the selected mine.
Function:
Unlimited geo - Once gold is converted to gold coding, you can change it in any country. Shipping costs and related taxes are minimized to raw materials at origin.
Physical Gold - Physical gold material can be stored in an arc and to maintain a gold certificate in your pocket on Karat Blockchain, gold is safe from political influence, and finally made increase the value of it.
DPOS Consensus - This fee will be used as a refund to investors, not to operators. This will increase security, reduce power consumption and speed up the testing time (10 seconds).
Generate Fixed Income - Gold Certificates are reliable investments. Our certificates give you 2 half year coupons with up to 6% income.
Advantages of Gold Mining - Choose the gold mine to finance and engage in interest-based activity from financing sources for selected mines.
Features on the DApp of Karatcoin:
Fast execution
10 technical indicators
Detailed market analysis
Vote for gold mines
There are 50 leading electronic currencies
Update news
Secure encryption SHA512
85 currencies are supported
Direct communication with Blockchain in the Web:
Manage your gold products
Check out Blockchain transactions
Direct deals
Cross platform available
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Karatcoin Token
Token symbol: KCD
Standard: ERC-20
Token type: Utility
Total token: 1,000,000,000
1 KCD = 0.1 USD
Soft Cap: 3M USD (raised)
Hard Cap: 25M USD
TOKEN ALLOCATION
SALES
Karatcoin (ERC-20 Standard Token) will be released on the basis of Ethereum platform. It’s compatibility of the token with third-party services wallets, exchanges etc., and provides easy-to-use integration.
START
Sep 3, 2018 (9:00AM GMT)
NUMBER OF TOKENS
24,000,000 KCD (24%)
END
Nov 11, 2018 (11:00AM GMT)
TOKENS EXCHANGE RATE
1 KCD=$0.1
ACCEPTABLE CURRENCIES
Paypal, Stripe, BTC, ETH, LTC, BCH, DASH, DOGE, ETC, QTUM, TRX, XEM, XMR, XVG, ZEC
MINIMAL AMOUNT
$100
FOR more information about karatcoin visit the links below
Website: https://karatcoin.co/
ANN Thread: https://bitcointalk.org/index.php?topic=4932340
Whitepaper: https://s3-eu-west-1.amazonaws.com/karatcoin.co/files/docs/KC_WP.pdf
Telegram: http://t.me/KaratcoinGroup
BCT Author Link: https://bitcointalk.org/index.php?action=profile;u=2389088;sa=summary