SmartGold ICO (SGT) ICO

updated 23 September 2018

Blockchain asset based on the real gold mining.

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Status: ended
Public sale: 24 Jan`18-24 Mar`18
Cap: No info
Goal: No info
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The blockchain technology comes into maturity. One of the evidences is the growing attention on the part of the state to regulating or at least establishing clear rules for the circulation of cryptocurrencies and tokens.

In many ways, the tasks that need to be addressed to all the market participants are related to the definition of the blockchain as a real financial tool.

Our project offers a simple process of involving the blockchain in the real economy. The core economic idea: traditional risks of exploration and production of gold are exchanged for risks of volatility of cryptocurrencies and tokens (insecurity with valuable, liquid assets, protection from inflation). The release of tokens is secured by a contract for the supply of goods. Fixing the risks ratio occurs in the price of the purchase of goods in the form of a discount from the market price and is fixed in a unit of physical mass. The commodity of the contract is gold which is universal measure of value.

These solutions create a simple, secure investment tool for secondary circulation being an accurate measure of the value expressed in a unit weight and fulfilling the classical role of gold. We have prepared a co-investment project for the simultaneous start of gold production and development of the gold deposit.

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