A CRYPTOCURRENCY BACKED BY GOLD IS FINALLY HERE !!!

[kuwala313]

Blockchain on top of Gold. Steemians check this out, an opportunity of a LIFETIME.

An ICO of a shariah compliant crytpocurrency has been launched in the middle east.

Am excited about this one. A fixed supply of crypto tokens, 'OneGram (OGC)' will be backed by gold at a 1:1 ratio at launch. One token of OGC = 1 gram of Gold to be specific.

ICO is offering 1 OCG/44.05USD

Photocredits : OneGram

Disclaimer: Below is an extract from the whitepaper of the official page

Each OneGram transaction generates a 1% transaction fee, up to a maximum of 1 OGC. Unlike other cryptocurrencies, in OneGram, 70% of this fee is reinvested to buy more gold and increase the amount of gold that backs each token. As transaction volume increases, more gold gets added to the vault and all OneGram owners share in the profit. So, over time, the value of each OneGram rises by design. This makes OneGram a unique asset whose value increases perpetually. 25% of this fee will be used for development & Operations. 2.5% will be donated to Charities and 2.5% will reward miners (POS staking).

Visit OneGram for further info

Am looking to invest on this one. This could revolutionize how millennials own Gold.
Being underpriced at the current market price, this is a great investment in Gold.

Let me know of what you think of Blockchain riding on Gold in the comments below. Don't forget to Upvote, resteem.

Comments

[jaydebjana]

Very interesting post . Keep it up

[kuwala313]

Thanks. I may need your help on investing in Cryptocurrencies. What's your take on Ripple

[jaydebjana]

Ripple is kind of against cryptocurrency concept. I would suggest Lisk /Steem/Digibyte . These coin will have great future ahead .

[joshvel]

Very interesting! I will explore on it and hopefully could invest on it. Please follow me, too. Thanks.

[kuwala313]

Check it out. Following you

[joshvel]

Thanks....

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