My Blog About Blockchain: About Golden Currency

What is Golden Currency?
Gold Currency is a personal currency that can be used for cash and non-cash payments (100% supported by gold), as well as modern infrastructure that is convenient for its use based on blockchain. In other words, the legitimate, independent, modern There and their infrastructure is being created, the official site is https://goldencurrency.world/

A unique strategy that can solve quality money market problems because no country in the world has 100% of the currency that is linked to their country's currency and currency where they are published and not influenced from countries and enforced the use of the crypto currency as an alternative that is flexible.

Some Functions of the Gold Currency :

Individual: will use Gold as money, as a means of payment and savings, with passive income from gold exchange rate growth.
Investor: will use Gold as a hedging tool used to diversify the portfolio.
Cryptotraders: will use Golden to improve their crypto-assets level, when the market changes and re-enter the market later, with minimal commissions.
E-commerce, legal entities and individuals: will use Golden as a means of payment for goods and services, especially for convenient transboundary transactions. Contracts can be fixed in Golden, as a currency that is understandable, stable and reliable.
Government of developing countries, least developed countries: as a stable and transitional currency.

Profit from Golden Currency

Sthe currency is stable, reliable and transparent, backed by gold and uses blockchain technology with perfect payment and investment tools
Non-national and non-political, the emission is done not by the government and does not support any government
Easy money currency.Supported with modern infrastructure (ATMs, cards, etc.) .Payments are easy and convert into crypto and banknotes
An independent payments and electronics.Anonymity and universality of use are done anywhere in the world

HOW DOES GOLDEN CURRENCY WORK?
As said earlier, Golden Currency is a fully functional currency. However, it offers additional advantages. One of such is that, you can work into an exchange office to legally buy the currency with your national money.
Yes, it’s a lot like fiat like that. Yet, unlike your national money, you know the Golden currency in your wallet is not subject to inflation because it confers a fixed amount of gold. Furthermore, when the exchange value of said gold increases, so does the value of the money. Hence, serving as a good source of passive income.

And if you are interested in having your Golden Currency in electronic format, it is just as easy. These advantages offered by this gold-backed cryptocurrencies makes it more competitive than other fiat and cryptocurrencies. Users can enjoy the benefit of both without the drawbacks.

Since Golden currency will exist in different modes of payment, users will have access to a range of possible money transaction which include;

Cash
Electronic Payment
Wire Transfer

Also, each Golden is expected to be backed by approximately 0.02 gram of gold, that’s an initial equivalence of at least 1 USD. The details of the gold backing and denominations will be released before the initial issuance.

THE ICO
The main stage of the Initial Coin Offering is expected to take place between September 1, 2018 and October 15, 2018. Before that is the Pre-ICO stage where buyers can enjoy various bonuses. An ICO Golden Currency Token (IGCT), whose value is an equivalent of 1 USD, will be issued within the Initial Coin Offering.
The soft cap for the event will be 10 Million USD while the hard cap is expected to be 250 Million USD. The total amount of token that’ll be used for the Pre-ICO is 7,600,000. Without additional issuance, a limited 250,000,000 tokens will be provided for the ICO. Any unsold token during the Pre-ICO and ICO will be burnt.

Road Map