The physical gold is stored in a decentralized storage unit, The Safe House Pte Ltd. That is only in Singapore or anywhere closer to Europe an America too?
Hello, The Safe House located in Singapore.
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can I use gold to buy tokens? Or gold backed assets?
Hello, Unfortunately, but no. You can use ETH, BTC.
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Hello I am a little bit confused whether the tokens are available immediately or post-ICO. Would you be able to clear that up for me
Hello, Yes, I can help you. 50,000,000 PGT tokens made available to participating parties on puregold.io website. Tokens swap occur when the ETH transaction is verified on the ETH blockchain, which is normally immediate. Token swap via other crypto-currencies will take at least one working day. Gold-backed PGG tokens will be given after the end of this ICO.
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What exchanges will be the first where you arrive ?
Hello, We will announce it after ICO ends.
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Where will this be traded?
Hello, People who want to trade PGG for fiat or cryptocurrency need to undergo Puregold’s full KYC procedure. Swap of PGG occurs on exchanges or as direct transaction between parties.
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Where is your headquarter?
Hi, Our headquarters is based in Singapore. We also have offices and retail outlets in Vietnam, Malaysia and Indonesia.
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What wallet should I use for your tokens? Can I use coinbase?
good question, what if I don't have wallet? am I allowed to pay through exchanges? Please ,do not use wallet addresses provided by Exchanges like Coinbase, Bittrex, Poloniex, Kraken, etc. You need to transfer ETH from your personal Wallet (for example: myetherwallet or imToken). It will be great if you have one of the wallet mention to hold your tokens.
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Hello. Can i participate even though i'm from the USA? What kind of token do you have? Security?
Hi there! Unfortunately,citizens of U.S.A. are not allowed to swap for PGT tokens during ICO. Basically Puregold offers two digital tokens, PGT and PGG, running on two separate ledgers. PGG works through a digitized cryptoasset whose cryptocurrency value is based on physical gold. PGT can be used to pay or offset transaction fees whenever the token holders perform any transactions on the Gold Commerce platform. Puregold requires users to complete registration through a Know-Your-Customer (KYC) process prior to any token swap. This is in line with financial services best practices to verify users’ identity to prevent financial fraud, money laundering and terrorist financing.
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At what stage your project right now? Week 1&2 : 15% Bonus ?
Hi, Yes, we are on Week 1&2 . Feel free to register now and get 15% bonus. Here provided is the link to our official website https://puregold.io/
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On the first page link to whitepaper is outdated, can you change it please?
Hi, Thank you for your comment and interest! On that link, we have provided another link to the official website where you can find the new version of the whitepaper right away.
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Is there a maximum amount of investment?
Hi, There is no maximum limit on the contribution.You can Invest any amount, but it should not be less than 0.1 ETH which is consider to be the minimum
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what is soft cap? it is not clear what is it.
Hi, Our soft cap is $20 million and the hard cap $100 million.We are confident we will be raising that amount,the project is going on at a manage pace. But what will happen if you don't reach soft cap? Will the funds be refunded? In this case, we will continue to launch ou PG Pay platform and list on the exchange. As from now many businesses and merchants have indicated keen interest to come onboard the Gold Commerce Platform to offer their products and services and accept payment via PG Pay. As the mobile app has been launched this January 2018, these merchants will concurrently be brought online. It's nice to know that the project will continue no matter what happens on the ICO that gives greater security to the investors, anyway I believe it will reach the soft cap. Thank you for your support! We are working hard to achieve our goal
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Do you accept only ETH as payment for Puregold?
Hi, Yes, now we accept only ETH. In a while, we will also be accepting Bitcoin (BTC) and some other cryptocurrencies
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what is soft cap? it is not clear what is it.
Hi, Our soft cap is $20 million and the hard cap $100 million.We are confident we will be raising that amount,the project is going on at a manage pace. But what will happen if you don't reach soft cap? Will the funds be refunded? In this case, we will continue to launch ou PG Pay platform and list on the exchange. As from now many businesses and merchants have indicated keen interest to come onboard the Gold Commerce Platform to offer their products and services and accept payment via PG Pay. As the mobile app has been launched this January 2018, these merchants will concurrently be brought online.
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what is soft cap? it is not clear what is it.
Hi, Our soft cap is $20 million and the hard cap $100 million.We are confident we will be raising that amount,the project is going on at a manage pace.
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Hello! How is this tokens interesting to tokenholders after ICO stage ? Is it just for storing gold or we can have some profit?
PGT may be used as payment for goods and services by merchants. Its low volatility as an asset and its predictability make it an invaluable form of currency
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where is your third party who's responsible for gold storage located? it is not indicated anywhere.
• The physical gold are stored in a decentralized storage unit, The Safe House Pte Ltd, which is a third party, separately audited security firm that Puregold engages to identify and store investment grade gold, gold jewellery, small ingots (up to 100 grams) and coins.
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what goods will i be able to buy with your tokens? is it possible to buy jewelry also?
As utility token to offset transaction fees at a discounted rate. As and where accepted by merchants, PGT can be used as an exchange for goods and services. From time to time, PGT may be opened to be exchanged for PGG.
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