What will be the exchange rate between your 2 tokens ?
Hi, PGT can be used to pay or offset transaction fees whenever the token holders perform any transactions on the Gold Commerce platform. These transactions could be buying of gold with fiat, selling of gold or making payments to merchants. It is intended that holders of PGT will benefit by being charged just 50% of the prevailing fees when PGT is used.PGG is a digitized gold issued by Puregold that uses the current price of gold set on the LBMA exchange at the time of swap. From time to time, and at the discretion of the Puregold, PGT can be converted to PGG at a rate announced by Puregold at that point in time. It is expected that the retained earnings from Gold Commerce will increase the stockpile of gold held in storage which would increase the supply of PGG accordingly. PGT holders can also be rewarded with PGG by Puregold, in proportion to the amount of PGT they hold with time. |
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How many coins will be sold during ICO and pre-ICO?
Hi, The total number of PGT that we are offering for Pre-ICO and ICO is set at 50,000,000 tokens. |
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What currency do you use?
Hi, We accept Ethereum (ETH). You need to transfer ETH to the ICO contract address provided to you after you have registered. Please do not send any ETH from Exchanges - that is, 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). This is because PGT will be swapped directly to the same wallet as ETH. In a while, we will be also be accepting Bitcoin (BTC) |
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What is your gold price based on?
Hi,PGG is a crypto asset issued by Puregold that uses the current price of gold set on the LBMA exchange at the time of swap. Value depends on amount of gold in storage / circulation.Puregold sets PGG at the current market price for physical gold. The company uses physical gold (of 999.9 quality). As for PGT cost will be determined by the cryptocurrency exchanges. Also price of a coin depends on demand. |
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Hello.
What happens if you fail and not reach soft cap of the token sale ?
Hello, Soft cap is $20 million.We will do our best to collect funds and reach cap, that is why we prefer to move slowly, perhaps, but steadily. We will announce our final decision on what to do if funds are not collected and post it on the website officially. |
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Hello , how can I earn passive income wit the help of your project?
Hello, PGT tokens are static, meaning that their ownership does not entitle you to dividends or earnings’ income. |
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Can i change my PGG tokens in gold ?
Hello, Gold has always been regarded as the most precious metal. Gold has a profound impact on the value of world currencies. Even though the gold standard has been abandoned, gold as a commodity can act as a substitute for fiat currencies and be used as an effective hedge against inflation. 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. PGT can be used to pay or offset transaction fees whenever the token holders perform any transactions on the Gold Commerce platform. These transactions could be buying of gold with fiat, selling of gold or making payments to merchants. It is intended that holders of PGT will benefit by being charged just 50% of the prevailing fees when PGT is used. From time to time, and at the discretion of the Puregold, PGT can be exchanged for PGG at a rate announced by Puregold at that point in time. |
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How is the gold been using in your project?
Hello, Hi, Our cryptocurrency is gold backed. For instance our PGG works through a digitized ledger on the blockchain whose cryptocurrency value is based on physical gold. For now we have also a gold dispensing machine in Singapore and we are also planning to launch them beyond Singapore. |
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Please check if I am at the bounty list
Hello, Every campaigner that enroll in a Bounty Campaign and gets rewarded without bias. |
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Where is your headquarter?
Hello, Headquarters are located in Singapore. |
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Dear team, the project looks great. I signed up for the signature bounty at your website however this just leads to a "member" area asking to send ETH with no instructions on how to proceed with the signature campaign. Could you kindly advise what signature to use, and how to verify acceptance into the campaign? Also is my understanding correct we just need to make a total of 100 posts outside of this thread in order to fulfill all requirements for payout?
Hello, The bounty campaign will run until the end of ICO. To receive the bonus, each bounty member must participate in the promotion until the end of the campaign. A member, who has removed Puregold.io signature during the bounty campaign, is not eligible for a reward. Each campaign member is to receive weekly shares, considering profile rank at Bitcointalk: Legendary/Hero: 2 Tokens Senior/Full Member: 1.5 Tokens Junior/Member: 1 Tokens If a member acquires a new status, they should change the signature accordingly. The list of members will be updated and analyzed once per week. Each accepted campaign member will receive 1 share per week. After ICO is completed, the whole Puregold bounty pool will be redistributed among all the campaign members considering the number of shares that each member has. All the members will receive their rewards in their ETH wallets. Alright.. so how do I actually find the signature to use? You can use Facebook, Twitter and more details you can find on our websitehttps://puregold.io/en/bounty. |
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Dear team, the project looks great. I signed up for the signature bounty at your website however this just leads to a "member" area asking to send ETH with no instructions on how to proceed with the signature campaign. Could you kindly advise what signature to use, and how to verify acceptance into the campaign? Also is my understanding correct we just need to make a total of 100 posts outside of this thread in order to fulfill all requirements for payout?
Hello, The bounty campaign will run until the end of ICO. To receive the bonus, each bounty member must participate in the promotion until the end of the campaign. A member, who has removed Puregold.io signature during the bounty campaign, is not eligible for a reward. Each campaign member is to receive weekly shares, considering profile rank at Bitcointalk: Legendary/Hero: 2 Tokens Senior/Full Member: 1.5 Tokens Junior/Member: 1 Tokens If a member acquires a new status, they should change the signature accordingly. The list of members will be updated and analyzed once per week. Each accepted campaign member will receive 1 share per week. After ICO is completed, the whole Puregold bounty pool will be redistributed among all the campaign members considering the number of shares that each member has. All the members will receive their rewards in their ETH wallets. |
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explain what will be the price of the gold to buy it in your tokens ?
Hello, 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. Puregold sets PGG at the current market price for physical gold. The company uses physical gold (of 999.9 quality) as its security. Puregold’s gold reserves equal or exceed its circulated amounts of PGG. |
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explain what will be the price of the gold to buy it in your tokens ?
Hello, PGG uses the current price of gold set on the LBMA Gold Price, so its market value will adjust accordingly. When the price of gold increases, payer can make use of the increase in value to make payments when buying something. |
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How is this project interesting to investors ? Are there any dividends or bonuses?
Hello, Yes, we have bonus. There is bonus 20% for buying during the ICO it will be 0.1 ETH. The 0.1 ETH amount is the minimum amount of investment |
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Can i save gold in that places where you will save it?
Hello, The physical gold is 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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