WORLD FIRST GOLD AND DIAMOND BACKED CRYPTOCURRENCY

in #bitcoin7 years ago

 INTRODUCTION 

GID coin is an international crypto coin which is covered by two valuable assets: gold and diamonds. This coin is activated and supported by a block chain. The GID is a hybrid token that can be used for payment and as an asset. 

 BACKGROUND

  • 8 Years of experience in Diamond Business
  • 5 Years in Golden Business
  • Connections in Russia Canada and Africa
  • Direct to Miners
  • Belgian and Israel cutters IN DIAMOND BUSINESS
    Gold and Diamond Features 
  • Natural Resources
  • Limited
  • Mined
  • Owned by Big Companies.
  • Very Expensive 

 MINING AND PURCHASE OF DIAMONDS AND GOLD

There are two ways of work for the company:

To buy final product (polished diamonds and bullions) from the producers and miners; 

To arrange whole process from the very beginning, use less money and to take bigger profits. 

All movements of the goods are carried by well-known security companies: BRINKS1 and MALCA-AMIT2. purchasing and mining can do without risks. Operation are clear and

secured for 90%.

  • Purchasing of final product will takes 1-14 days
  • The lifetime of raw products (rough diamonds and golden dust) from mine to safehouse as certified product will takes 60-90 days. 

 TOKEN POLICY

To provide investors with whole range of advantages of GID Coins Gold & Diamonds plan to build our own blockchain platform (DGP –Diamonds & Gold Platform). However, to reduce costs of the project at the early stages GID coin will be based on Ethereum (ERC-20).

GID Coin is the hybrid payable-asset  token (securities). 

 TOKEN EMISSION

  • Total amount of tokens to be emitted till 2023th  = 50’000’000 GIDs Coins.

Tokens share:

  • Team-members and advisors = 5’000’000 GIDs
  • Pre-Sale (closed sale for strategic investors) = 2’500’000 GIDs
  • Pre-ICO = 7’000’000 GIDs
  • ICO Campaign = 15’000’000 GIDs
  • Bounty campaign = 500’000 GIDs
  • Coins reserved for mining at duration of 5 years starting from 2019th = 20’000’000
  • GIDs with approximate yearly emission – 4’000’000 GIDs
  • Coins which will not be sold during ICO – moving to mining reserve. All unmined
  • Coins after 2023th will be sold at Post-ICO.  

 PRICING OF THE TOKEN

  • At ICO launch the GID price will be average $20 which can vary during the crowd-sale due to the revisions in the exchange rate:
  • ICO investors are given GIDE (GID pre-launch) tokens that can be converted to GID after company has secure enough polished diamonds and gold bullions; 
  • GIDE tokens will be moved to new blockchain platform and converted into GID in a 1:1 proportion; 
  • ICO cap will be set in fiat 20 days before ICO; 
  • minimum cap for ICO is USD 40’000’000,00. If less than that is raised, the investors receive their funds back; 
  • GIDE tokens are released when tokens are distributed around one month after ICO starts. 
  • 20% of collected funds will be used to purchase diamonds and gold bars.The remaining 70% will be used for production, which entails:

 Diamonds 

  • Purchase of rough diamonds from a mine or mining of diamonds
  • Polishing of mined diamonds
  • Obtaining GIA and HRD certification
  • Insurance of purchased diamonds
  • Placement of diamonds in the vault 

 Gold 

  • Acquisition of raw gold from a mining site or gold mining
  • Refinement of gold mined
  • Certification of gold
  • Insurance of gold bars
  • Placement of the gold ingot inside the storage

 GID Coin Overview

Ticker Symbol: GIDE
Platform Ethereum (ERC20)Accepts: BTC, ETH, USD, DASH,WAVES, EUR
Soft Cap: 3,000,000 USD
Country: Switzerland
Total supply: 50,000,000 GIDE 

 Public Crowd sale

Ongoing
Date Sale: May 1, 2018 — Dec 30, 2018 @ 243 days
Sale Available Tokens:22,500,000 GIDE @ 45.0%
Time 32% Ends in 165 days  

 ROAD MAP

 Q2 – 2018

  • Completed Whitepaper
  • Website www.gidcoin.io
  • Pre-Sale for primary investors
  • First purchases
  • Start of bounty campaign 

 Q3 – 2018

  • New website
  • Mobile application
  • Pre-ICO (GIDE) 07.2018
  • Beta version of GDP blockchain
  • First full cycle production of diamonds and gold 

 Q4 – 2018

  • ICO Campaign (GIDE) 09.2018
  • Alfa version of GDP blockchain
  • Exchange of GIDEs to GIDs
  • Second cycle of production of diamonds and gold 

 Q1 – 2019

  • Listing of GIDs at the exchanges
  • Launch of mining via platform
  • Trial immision of Revolut MC credit card
  • Third cycle of production of diamonds and gold 

 Q2 – 2019

  • Launch of the own mining site
  • Launch of cutting workshop in Spain
  • Launch of small refinery in Swiss
  • Branches in Angola, USA, Belgium 

 Q2 – 2023

  • Start of Buyback campaign 

Follow us on :

 ANN| WHITEPAPER | WEBSITE | TWITTER | TELEGRAM |FACEBOOK | MEDIUM | YOUTUBE 

my: shetiyawanleo

profile: https://bitcointalk.org/index.php?action=profile;u=2016306;sa=summary


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