KARATCOIN
Introduction
Gold investment is always interesting to talk about. This choice of investment is the most chosen by people. The problem is easy and minimal risk.
Gold is still a safe investment choice. Its nature is not easily faked, beautiful, universal, liquid, and rising in the long run, making this metal favored by many circles.
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Nevertheless, there are still people who do not understand what type of gold investment can bring the best benefits.
Gold investment can be done in various ways either in the original form, dinar gold, jewelry, gold savings, or with the ownership of securities or gold certificates. In the case of Karatcoin gold certificates is the right choice for you to invest.
Because Karatcoin allows you to trade gold certificates on the blockchain Ethereum. Find out how it works today at our review.
Karatcoin authorizes the gold certificate on the blockchain Ethereum. You can use Karatcoin to store gold certificates in your ordinary Ethereum wallet. And this project was first announced in September 2017.
Please see it here:https://medium.com/@karatcoin/karatcoin-tokenizes-gold-certificates-on-ethereum-4afa7426894b
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Karatcoin founders say about how they want to do more than digitize gold certificates: they want to create a new economy complete with decentralized financial services, decentralization applications, and more. All of these services will use Karatcoin as a token. This platform is being developed by Dreammy, an Italian-based music sharing service. Let's take a closer look at how Karatcoin works.
Karatcoin is seeing a number of problems in the gold market today. Following are some of the problems identified in the Karatcoin whitepaper below:
Having Difficulties in Finding Gold:
Whitepaper Karatcoin explained that "gold mines cannot guarantee the necessary supply" of gold, especially for orders larger than the market. They struggle to mine gold in sufficient quantities to meet market demand
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Then Bond Value
The bond market produces historically bad results.
Difficulties in Saving Gold:
Saving gold is not easy. Many investors failed to create an adequate security system to protect their gold
Karatcoin aims to solve all the problems listed above. Some of the core functions of ecosystems include:
The Karatcoin platform will be connected directly to the gold mine. Karatcoin claims to have chosen a number of mines based on their "abilities, background, structural credibility, and financial ranking." Karatcoin also claims there are no intermediaries involved in the process: they invest directly in gold mines.
Transactions between Karatcoin and investors will be managed by smart contracts. Whitepaper Karatcoin mentions gold mining operations in South America and Africa. The Whitepaper does not mention certain companies or mines in the countries listed. This is only a list of the top gold producing countries in both regions. Basically, Karatcoin will save gold for you, and then you can maintain digital control of that gold through products such as gold cards and gold certificates.
Product Opportunities
Gold Certificate
• Real savings account.
• Coupons every six months with good interest rates.
• Protect investments with high value stability: Gold + Dollars.
KCD → KCX
• KCX will give the right owner to choose all KARAT Foundation activities (Which includes choosing the gold mine to be financed) and for perceived interest income from funds given to selected mines.
• This will also be used as a bet to validate blocks on the blockchain.
KCG
• Can be exchanged at any time through the Smart Withdrawal Contract.
• 100% withdrawal to FIAT or physical gold bars.
Gold Accumulation Plan
Compared to mutual funds, GAP is a formal arrangement where an investor donates a certain amount of money to the fund on a regular basis.
And the benefits are as follows:
• Investors accumulate larger and larger investments in funds through or contribution, which increases its value along with the growth of the portfolio of funds.
• Plans for wise accumulation are key to building a financial nest for retirement.
• Accumulation plans can be useful for investors who want to build their position
in mutual funds from time to time.
ITIAL COIN OFFERING (ICO)
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ROADMAP
THE TEAM
Conclusion
Karatcoin is a cryptocurrency project that seeks to bring gold certificates to the blockchain Ethereum. The platform will digitize your gold ownership, then allow you to store it in your Karatcoin wallet on your mobile device. You can freely trade Karatcoin (KTC) tokens and gold certificates through the application.
For more information you can see it at the link below:
Website: https://karatcoin.co/
Facebook: https://www.facebook.com/karatcoin.co/
Twitter: https://twitter.com/Karatcoins
Telegram: https://t.me/KaratcoinGroup
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