The Karatgold Coin is a blockchain-based cryptocurrency. Specifically designed to be used as a generally accepted electronic payment means for all who consider gold as a traditional, true, secure and value-stable medium.
Formation of Foundation. Creation of the Coin and further elements of the Ecosystem. Pre-ICO starts Feb 15th.
ICO starts March 15th. Agreements with potential Acceptance Partners. Attending Token Fest, San Francisco, March 15th & 16th, 2018
Listing of Coin on 1 major exchange. Acceptance of Coin by major companies. Introduction of the APP. Attending ICO Festival, Munich, April 11th, 2018
Listing of Coin on further major exchanges. Number of acceptance partners increase to 20. Market capitalization: USD 80 million
2% market penetration. Market capitalization: USD 500 million
Currently, more than 480,000 customers from more than 120 countries have already bought smallest gold bars from Karatbars GmbH, Stuttgart, Germany. The total investment of these customers amounts to nearly EUR 120 million. It is therefore obvious that with this customer basis, the Coin will achieve a high market capitalization: it will write a success story.
To become a general accepted payment means by consumers as well as merchants and servicers.
To provide a payment system that is safe, private, and easy to use for the purchase of goods and services.
More than 480,000 customers from more than 120 countries. Investment amounts to nearly EUR 120 million.
The " Coin" is based on the Ethereum blockchain protocol.Therefore, it is safe, cost-efficient and fast. Furthermore, it allows to use smart contracts within its protocol.
|Token name||Karatgold Coin|
|Currency Symbol Image|
|Starting Price Pre-ICO||1 KBC for USD 0.01|
|Starting Price ICO||1 KBC for USD 0.05|
|Maximum KBC produced||12 billion (technical limit)|
|Maximum KBC for Sale||7.2 billion|
|Fundraising Goal||USD 72 million|
|Minimum Purchase||1,000 Coin|
|Methods of KBC purchase||Bitcoin, Ethereum, Dash, Litecoin, XEM and FIAT payments|
The value of the Coin is expected to strongly increase. The market capitalization of the Coin will reflect the billion Euro business that will rely on gold and the gold price based on the CashGold.
The global acceptance and recognition of gold as a safe and secure harbor will make the Coin and the CashGold one of the leading payment means worldwide. Therefore, holders of Coin will not only enjoy protection against inflation and vague governments and economies, but also have the opportunity to participate in the value increase which will be achieved in the future. Such value increase can be realized by everybody through the sale of the Coin, or through the purchase of goods and services.
The Coins will be available on major cryptocurrency exchange platforms such as Poloniex, Bithumb, Bitfinex, Bittrex, etc. The coins will be permitted to float and be traded p2p. The price of the Coin will be determined by market forces and cryptocurrency exchange mechanisms, as well as by the global gold prices. The value of the Coin will reflect the degree of penetration of the worldwide payment systems and, to a substantial extent, the price development of pure gold. The more Coin will be used – thus driving customer adoption – the greater the demand for the Coin will be. The popularity of the Coin and the Ecosystems will most probably grow very fast.
Harald Seiz was born in 1963 in Calw near Stuttgart, Germany and has been successfully working as a financial consultant since 1982. In 2011 he founded the Karatbars International GmbH in Stuttgart, of which he is the managing director. Since then he has consistently and successfully internationalized the business.
In 2016, he was awarded the Senatorial Degree by the Federal Association for Economic Development and Foreign Trade (BWA).
He is also the author of the successful book 'The Future of Money', published in 2017 and available everywhere.
In his book he outlines the history of money and the methods of payment; describes what factors are dependent on trust in money and hard cash; how these factors influence the economic and monetary policy frameworks, where the risks of the past and present payment methods and systems lie. He also introduces a few (for some of us possibly exotic) methods of payment and tries to answer the question of what would happen in the case of an IT blackout or cyber-attack – and how we would be able to get by and pay for the essentials – for example, in the form of gold and crypto currencies.
The book's jacket text: Never before in times of peace has the subject of money evoked the uncertainty it does today. Although, we live in affluence here in Germany, many people begin to ask themselves whether the value of our money is dwindling away. Cash seems permanently under attack as the media bombards us with theories on the 'End of Cash'.
Concerns about the future of money are not without basis: in many countries, massive restrictions on the use of cash have now become a reality, with India at the forefront. Overnight, 86 percent of their rupee reserves were removed from circulation and declared worthless - is cash in the euro zone next?
What is the future of money - a means of exchange, anonymous payment or an opportunity to hoard wealth? How will we pay in the future? What forms will digitization open up to us? And what forms could be forced on us by the state or circumstances, such as a crisis or catastrophe? Are you prepared if ATMs or online banking no longer function?
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