Golden Currency :get secured by gold


 What is Golden Currency ?
       This is the world's first full-fledged private currency for cash and non-cash payments secured by gold, as well as a convenient modern infrastructure for its use on the basis of blockchain technologies. By and large, a legal, independent, modern analogue of the existing Central Banks and their infrastructure is being created. 
        The entire infrastructure of Golden will strive to provide the user with such conditions under which he will be indifferent from the positions of functionality in which currency to keep his funds. And if so, taking into account the advantages of the Golden currency, it will be as safe and profitable for the user to store money in Golden, which is not subject to national risks and inflation. 
       The main goal of the project is the formation of a unique monetary system, which includes the following aspects:
  •  The currency is Golden. Issue (issue) of the world's first full-fledged international private currency Golden in cash and non-cash form, secured by physical gold. 
  • Currency Infrastructure Golden. Creation and development of infrastructure for functioning, ensuring efficient and convenient use of the new currency and maximizing its use.                                                
                               1. a global banking network with a banking infrastructure (Golden Bank); 
                               2. Cryptophyte currency exchange, integrated with the banking network (Golden Exchange); 
                              3. collateral deposit (gold).
            All this is clearly shown in the figure.
            The use of blockchain technology is assumed in all key elements of the monetary system being formed: 
            - in the system of management and control of gold reserves - as an important element of reliability and openness, publicity of the system; 
            - in the banking network - when carrying out international settlements, transfers, currency conversions - to ensure speed, reliability, universality, as well as integration with the currency exchange; 
            - in the currency exchange - when carrying out the exchange operations of the fiat and crypto-currencies - to ensure speed, reliability of transactions. In general, blockchain technologies will be aimed at ensuring decentralization, control, bundles of fiat and crypto-currencies, opportunities for holding, incl. global, banking and currency transactions, as quickly as possible, with minimal costs to the user. 
              The main principles of the construction of the monetary system Golden Currency. They are not small, but we list the most important and significant:
  • Independence; 
  • Transparency;
  • Anonymity;
  • Legality;
  • Reliability;
  • Modernity.
  Currency emission 
                    The initial currency issue will be made following the results of ICO on the basis of the first formed Golden bank. A predetermined portion of the funds raised as a result of the ICO will be used to purchase gold reserves and make banknotes. Before the issue, an issuance memorandum will be formed that will determine the details of such an issue, including its volume and procedure for the Golden exchange for gold, as well as details of the formation of preliminary applications for the acquisition of Golden, if the issue provides for such an opportunity. 
 Gold collateral 
          Each Golden will be provided with a fixed mass of gold. Preliminarily it is assumed that Golden will be provided with gold in the amount approximating the stock value at the time of the issue, to $ 1 (about 0.02 g of gold)!
 Cryptophyte Currency Exchange Golden Exchange 
           The Golden Exchange will be an important part of this system. Golden Exchange will be officially registered with obtaining the necessary licenses as an exchange with the ability to trade in crypto-active and fiat currencies. Exchange users can easily exchange currency exchange transactions (in any direction) Golden-Fiat, Fiat-Fiat, Golden-Crypto, crypto-crypt. 
            The basic use of Golden Exchange implies its use through integration with Golden Bank. When opening an account with a bank, the user gets access to the exchange's capabilities, without the need for additional registration on it. 
 Pre-ICO 
              Pre-ICO will occur between April 16, 2018 and July 16, 2018 with the release of the pre-ICO Golden Currency Token (PGCT) token with a smart contract on the Ethereum platform. During the pre-ICO, 5,000,000 pre-ICO Golden Currency Token (PGCT) tokens will be issued, and an additional volume of 2,600,000 tokens (additional volume may be adjusted based on Seed Round results) required to pay tokens distributed according to seed round results and bonus precharges -ICO (total 7,600,000 tokens). The cost of one PGCT token is equivalent to 1 USD. The terms of the acquisition will depend on the acquisition time, the earlier the payer will purchase the tokens, the better conditions he will be able to obtain.  Hard cap 5 million dollars !
Video for the project:


CONTACTS
E-mail: contact@goldencurrency.world

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