ICO REVIEW- KARATCOIN
Blockchain is a technology that decentralize a system, changing ways things are been done and offering features that make life easier in general. Gold is one of the top assets in the whole world; it is very expensive and very difficult to mine or get. A platform called KaratCoin has take the led to introduce blockchain into the gold industry. In sort, KaratCoin want to build a suitable environment for mining and selling of gold with the implementation of blockchain into the industry. KaratCoin want to tokenize the gold industry in a such way that to get access to gold or sell your gold will be easier.
WHY KARATCOIN KIND OF PROJECT VERY IMPORTANT
Just as the gold asset are very expensive, likewise it is difficult and hard to see. Although the demand is high but mining is very expensive, thereby majority people find it rare to buy. In general, the gold market at large is at a mess now. Gold is a kind of asset that someone can’t guaranty of seeing it to buy; so there is no liquidity in the gold market. Again, due to the gold value, everybody wish to have it, thereby increasing the rate of thieves through hacking; but it is very unfortunate that there has not been available of secured environment for gold asset.
HERE IS THE REVOLUTION OFFERED BY KARATCOIN
KaratCoin sees the features and benefits of blockchain as the only solutions to all the challenges facing the gold market. This feature will help to decentralize the gold market and tokenize the industry at large. KaratCoin been a blockchain based platform will build an wallet for storing of gold certificates. They want to digitalize the gold industry and all the activities involved in this ecosystem.
SOME FEATURES OF KARATCOIN PLATFORM
The Karatcoin platform has a gold certificates with Proof of Authority information on their database. The platform again has a card which contain the Proof of Authority details. The platform has a utility token (KCD) which will be use to buy gold certificates or gold cards, and for other utilization.
BENEFITS OF KARATCOIN PLATFORM
The platform will link people that need gold directly to the gold miners. So therefore, the issue of looking for where to get gold assets will be a things of paste because KaratCoin platform is decentralize everything about the gold industry. Karatcoin platform will also offer Gold Asset Certificates. In the financial aspect of the gold industry, the KaratCoin smart contacts will take care of that process. The smart contacts helps to secure a transaction and also make a transaction faster.
In addition, KaratCoin will create an app device for the platform.
TOKEN AND ICO DETAILS
Token Name: Karatcoin DAO
Token Ticker: KCD
Token Supply: 100 million KCD
Token Standard: ERC-20
Token Type: Utility Token
ICO time: 3/9/2018-11/11/2018
Soft Cap: $3 million USD
Hard Cap: $25 million USD
Exchange Rate: 1 KCD= $0.1 USD
Accepted Payments: BCH, USD, ETH, DASH, BTC, XMR, GBP
Successful project always has a purpose to reach. These points can be read easily on a roadmap to track every progress will be through on the project, easily shown on the roadmap to track the progress of the project. As you can see following below, the Roadmap of KARATCOIN project looks very clear and informing. The team has planned in detail the big amount of tasks to be done and to be through.
The revolution blockchain brought to world is really amazing and the gold industry shouldn’t be left alone; and this is why KaratCoin is creating a platform that supports this innovation called blockchain. Buying and selling of gold assets will be now easier because the platform will connect all the party involved in a decentralized manner. With this platform, your gold assets will be secure and all transaction will be swift and faster.
If you are seeking a promising ICO for investment purpose then you can participate in the KARATCOIN ICO. The project is very well prepared from the technical and business side, with very extensive and transparent whitepapers and roadmap. I find that the project is very potential and worth investing. I will participate in this project to contribute to the development of the platform, I hope that the project will continue to grow, wish the project a nice success !
FOR MORE INFORMATION PLEASE VISIT LINKS BELOW
ANN Thread: https://bitcointalk.org/index.php?topic=4932340
Whitepaper : https://s3-eu-west-1.amazonaws.com/karatcoin.co/files/docs/KC_WP.pdf
Facebook : https://www.facebook.com/karatcoin.co/
Twitter : https://twitter.com/KaratCoins
Telegram : http://t.me/KaratcoinGroup
Btt link: https://bitcointalk.org/index.php?action=profile;u=2273527