First cash private money on blockchain, 100% backed by gold, and its infrastructure for everyday use.
Golden Currency is a project of the first cash money on blockchain, fully functional private currency, and convenient and efficient infrastructure for its use with utilization of modern technologies, including blockchain.
Otherwise, we are talking about creating an independent legal private analogue of the Central Banks, which uses the accumulated experience and modern technologies to ensure reliable and convenient money.
Here are just some of the advantages that a new currency will provide:
Existence in cash (paper, anonymous) and non-cash form;
The entire infrastructure of Golden will provide its user with such conditions that it will not matter in which currency to keep his funds in terms of functionality. And if so, taking into account the advantages of the Golden currency, it will be favorably for the user to keep money in Golden, which is not subject to national risks and inflation.
The increase of the currency use, and therefore, the maximization of its turnover and the monetization of the project, will take place on the basis of ensuring and developing its competitive advantages.
How does the project create value to the ecosystem and differs from competing projects?
The project is unique, there are no competing projects at the moment. There is high demand in the world for reliable inflation-free money.
Target users
1. Individuals.
Use as a means of circulation, as well as a means of saving. Also useful under the conditions of high inflation, unstable financial and political situation, the lack of an opportunity to purchase gold as an investment instrument, the unrecognized state of residence, etc.
2. Investors.
Golden, as a currency backed by gold is an excellent opportunity to save in gold and to obtain additional, passive income from the growth of the gold price while retaining all the advantages of owning fiat money and crypto currency - an excellent risk hedging tool used to diversify the portfolio.
3. Cryptotraders.
The instrument of hedging crypto-currency volatility risk. At the time of the rates changing, the use of Golden as a currency secured by gold will allow to fix the value of the cryptoasset, and when the market turns back it allows to return into cryptoasset with minimal commissions. There is no need to transfer crypto-active assets to other fiat money, as Golden currency has advantages in comparison with them.
4. E-commerce, legal entities and individuals.
A means of payment for goods and services, especially convenient for cross-border transactions. Given that gold, and therefore Golden, sets a clear equivalent of value, the Golden currency can be a convenient measure of value. Contracts can be fixed in Golden as an understandable and reliable currency.
5. Emerging countries, unrecognized states.
Countries having hyperinflation face the challenge of ensuring stability and the availability of reliable circulation instrument. In this case, Golden can become a transition currency. For unrecognized states there is a similar problem of having reliable instruments of circulation,
Golden can become such a tool that will allow the population of such countries to become part of the world market.
Pre-ICO token PGCT is a VIP token of Golden Currency, providing its owner unique opportunities and advantages in buying Golden and its infrastructure services throughout all the period of its ownership, in particular:
1. Free ICO token for each PGCT.
2. Free Golden banknotes backed by gold for each PGCT at the time of the first issuance (details on the number of PGCT for one free Golden is provided in White Paper)
3. After the first Golden emission PGCT will become a discount token, providing the following opportunities:
а) to buy Golden in the amount of PGCT tokens at each Golden issuance with discount from 5%,
b) to get VIP services, discounts for using Golden infrastructure,
c) other privileges
After registering on the website https://goldencurrency.world, you will be prompted to enter the Partner code when investing. Enter the code icobaz1239713and you will receive an additional bonus of 3%.
Blog link https://medium.com/goldencurrency
https://github.com/goldencurrency/
BitcoinTalk announcement link
https://bitcointalk.org/index.php?topic=2994066.0
Reddit link
https://www.reddit.com/user/goldencurrency
Twitter profile
https://twitter.com/goldencurrency/
Facebook product page
https://www.facebook.com/GoldenCurrency.world/
Linkedin company link
https://www.facebook.com/GoldenCurrency.world/
Telegram channel or chat room link
https://t.me/Golden_Currency
Discussion forum link No
Links to interviews and articles
http://www.thedailyeconomist.com/2018/02/planned-ico-will-not-only-create-gold.html
Golden Currency
https://coinidol.com/first-private-paper-currency-on-blockchain-ico/
http://www.digitaljournal.com/pr/3671734
https://coin5s.com/content/first-private-paper-currency-blockchain-ico-coming-start-new-
financial-revolution
https://www.tusoporteremoto.com/blog/de-vuelta-al-patron-oro-con-gold-currency.html
https://bitcoinexchangeguide.com/golden-currency-ico/
http://www.4-traders.com/BLOCKCHAIN-GROUP-CO-LTD-6165838/news/Blockchain-
The-First-Private-Cash-Money-on-Blockchain-ICO-Is-Coming-Start-of-a-New-Financial-
Revo-26053685/
http://dailytelescope.com/pr/the-first-private-cash-money-on-blockchain-ico-is-coming-start-
of-a-new-financial-revolution/88841
30% - Establishment of Golden Bank network (including M&A)
42% - Initial Golden currency issuance, gold purchase
10% - Technological development (including Golden Exchange), operational expences
5% - Marketing
3% - Advisors and staff reward
10% - Founders reward
Comments1
Independent legal and private 100% gold backed new currency with the utilization of blockchain technology, that sounds more than great. Difficult to be implemented but let´s dream it is possible. Strong core team with experience and country managers to spread the business.