Karatcoin allows open and public authentication of all asset documents stored in a decentralized database through Proof of Asset (PoA), a protocol designed within the EOS Blockchain by integrating the IPFS (Inter Planetary Files System) to trace the entire authentication path through its chain of custody. Karatcoin has a goal to build a platform to trade gold certificates, exchange Karatcoin tokens, as well as save and exchange currency using gold cards. The team is up to build a secure, useful, & easy-to-use product based on private blockchain on top of EOS technology. It will include easy cryptocurrency payments integration, and even a digital arbitration system. At the end, the aims is to integrate all refineries, gold companies, and business assets into a unified blockchain ecosystem, which will make business truly efficient, transparent, and reliable.
- NO GEO-RESTRICTIONS. There are no geo-restrictions, once the gold has been turned into crypto-gold, you can redeem it in any country. Costs related to transport and related taxes are minimized by leaving the raw material in its place of origin.
- STORE PHYSICAL GOLD. You can safely store Physical Gold asset in vault and keep it as Gold Certificates in your wallet on the Karat Blockchain, the gold is safe from political influence and will preserve and increase its value over time.
- DPOS CONSENSUS. Fees will be used as returns for stakeholders instead of miners. This means a faster validation block time (10 secs), less power consumption and more security.
- BACKED BY A REAL ASSET. Karatcoin is less volatile than other crypto-currencies because it’s indirectly linked to a real asset with an owned blockchain.
- EARN FIXED REVENUE. Gold Certificates are safe investments. Their Certificate gives you 2 half-yearly coupons with up to 6% interest.
- GOLD MINES PROFITS. Vote for the gold mines to be financed and participate to the active interests that will be perceived from funding given to the selected mines.
From their product portfolio customers can maintain a form of savings as well as an investment in cryptocurrencies. That investment is suited to their individual needs, from the most aggressive who want to trade their cryptocurrency, to the most conservative that wants to accumulate a safe-haven asset like gold. Additionally, in order to beat inflation, their customers will be protected by their Certificates that have both a fixed maturity and semi-annual coupons paid in KCG. Their products will be available in a marketplace developed inside their blockchain, and it will also be the first to have a comprehensive product portfolio along a DPoS consensus that will allow a triple advantage in validation speed, safety, and rewards for cryptocurrency holders.
Karatcoin (ERC-20 Standard Token) will be released on the basis of Ethereum platform. It’s compatibility of the token with third-party services wallets, exchanges etc., and provides easy-to-use integration.
- START Sep 3, 2018 (9:00AM GMT)
- NUMBER OF TOKENS 24,000,000 KCD (24%)
- END Nov 11, 2018 (11:00AM GMT)
- TOKENS EXCHANGE RATE 1 KCD=$0.1
- ACCEPTABLE CURRENCIES Paypal, Stripe, BTC, ETH, LTC, BCH, DASH, DOGE, ETC, QTUM, TRX, XEM, XMR, XVG, ZEC
- MINIMAL AMOUNT $100
KTC is a cryptocurrency digital gold. Crypto value that is secure from political influence and will preserve and increase its value over time. KC is also a fast and comfortable means of payment with a worldwide scope, and it’s private and anonymous enough to serve as a means of payment for several markets and any other economic activity.