What’s GID Coin
GID Coins are international crypto coins that are protected by two valuable assets: gold and diamonds. The coin is driven and supported by the tsepo block. Moneta GID is a hybrid sign that you can use for Switzerland and the company will have its headquarters in Switzerland. This will apply in accordance with the recommendations set by FINMA.
Background of GID coin
• 8 Years of experience in Diamond Business
• 5 Years in Golden Business
• Connections in Russia Canada and Africa
• Direct to Miners
• Belgian and Israel cutters in Diamond Business
Gold and Diamond Features
• Natural Resources
• Limited
• Mined
• Owned by Big Companies.
• Very Expensive
Value of GID coin
The value of GID Coin is in polished diamonds and gold bars. These are the two most expensive resources in the world. The price of gold is inferior to diamond in the ratio of 2 to 1. This means that 2/3 of the investment will go to diamonds and only one third to gold. This project proposes to store diamonds in banks. according to the following points..
• Carat
• Colour
• Clarity
EX : A diamond of 5 carats is estimated at 240 thousand dollars, and 12 carats at 2.8 million dollars.With all the gold the easier it is assessed by weight. Usually, this company focuses on the sale of kilogram bars, which is approximately estimated at 43 thousand dollars.
Mining and purchasing
There are two ways of work for the company
• To buy final product (polished diamonds and bullions) from the producers and miners.
• To arrange whole process from the very beginning, use less money and to take bigger profits.
All movements of the goods are carried by well-known security companies: BRINKS 1 and MALCA-AMIT 2. purchasing and mining can do without risks. Operation are clear and secured for 90%.
• Purchasing of final product will takes 1–14 days
• The lifetime of raw products (rough diamonds and golden dust) from mine to safehouse as certified product will takes 60–90 days.
Pricing Token
•At ICO launch the GID price will be average $20 which can vary during the crowd-sale due to the revisions in the exchange rate:
•ICO investors are given GIDE (GID pre-launch) tokens that can be converted to GID after company has secure enough polished diamonds and gold bullions;
•GIDE tokens will be moved to new blockchain platform and converted into GID in a 1:1 proportion;
•ICO cap will be set in fiat 20 days before ICO.
Emission of Token
•Advance sale: going now
•End date: June 18, 2018
•GID coins for sale: 2,500,000
•Discount: 30%
•There is also a call for those who register on the GID currency website.
•Softcover: $ 40,000,000.
•If you increase less than this amount, all investors will return your money.
•Hardcover: $ 490,000,000
•The GIDE tokens will be released after the end of ICO, which will be about a month after the end of ICO.
•Use of funds
•20% of the funds raised will be used to buy diamonds and gold bars. The remaining 70% will be used for production, which implies:
Diamonds
• Purchase of rough diamonds from a mine or mining of diamonds
• Polishing of mined diamonds
• Obtaining GIA and HRD certification
• Insurance of purchased diamonds
• Placement of diamonds in the vault
Gold
• Acquisition of raw gold from a mining site or gold mining
• Refinement of gold mined
• Certification of gold
• Insurance of gold bars
• Placement of the gold ingot inside the storage
As a real Payment Currency
With cooperation with Revolute online bank, which are highly involved into cryptocurrency business we prepared personal credit card for the holders of our GID coins:
• Revolut GID Mastercard Black; Price for emission card = USD 100,00 Benefits:
• Only for users of GID Coins. You need to have not less than 10 GIDs in your wallet to order Credit card;
• Ordering of credit card without income confirmation;
• Delivery of the card is free to any part of the world within 5-7 days;
• Exchanges between 30 fiat currencies in 60 seconds by the one click;
• Exchange fiats to 25 global currencies in the private cabinet;
• Direct refilling of the card by IBAN;
• Free mobile application;
• And, of course, you can pay your expenses by this card anywhere in the world.
GID Coin Overview
Ticker Symbol: GIDE
Platform Ethereum (ERC20)Accepts: BTC, ETH, USD, DASH,WAVES, EUR
Soft Cap: 3,000,000 USD
Country: Switzerland
Total supply: 50,000,000 GIDE
Public Crowd sale
Ongoing
Date Sale: May 1, 2018 — Dec 30, 2018 @ 243 days
Sale Available Tokens:22,500,000 GIDE @ 45.0%
Time 32% Ends in 165 days
Use of funds
• Purchase of Assets
• Software Development
• Marketing and PR staff
• Legal Issues and Tax
Most of expenses
• General purchases of raw or final assets
• Marketing and PR
• Business Development
• Legal expenses and taxes
• Exhibitions
• Safehouse for goods – Payments for storage
Ethereum costs at the first stages
ROAD MAP
Q2 – 2018
• Completed Whitepaper
• Website www.gidcoin.io
• Pre-Sale for primary investors
• First purchases
• Start of bounty campaign
Q3 – 2018
• New website
• Mobile application
• Pre-ICO (GIDE) 07.2018
• Beta version of GDP blockchain
• First full cycle production of diamonds and gold
Q4 – 2018
• ICO Campaign (GIDE) 09.2018
• Alfa version of GDP blockchain
• Exchange of GIDEs to GIDs
• Second cycle of production of diamonds and gold
Q1 – 2019
• Listing of GIDs at the exchanges
• Launch of mining via platform
• Trial emission of Revolut MC credit card
• Third cycle of production of diamonds and gold
Q2 – 2019
• Launch of the own mining site
• Launch of cutting workshop in Spain
• Launch of small refinery in Swiss
• Branches in Angola, USA, Belgium
Q2 – 2023
• Start of Buyback campaign
Follow GID Coin On
ANN | WEBSITE | WHITEPAPER | FACEBOOK | TWITTER | MEDIUM | YOUTUBE | TELEGRAM
Author :
Bitcointalk : bitmattrix88
Author, you are a professional, you have a great blog. I signed up for you and would appreciate it if you would sign up for me in return. Let's help each other to develop =) # followback
Coins mentioned in post: