Puregold is the name that always reminds of gold. What are the cases and procedure that I can change your tokens or currency into 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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Can I find info on Puregold crypto currency on coinmarketcap, coinbase or others that many know?
Hello, 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). You can check more detailed information on our webpage https://puregold.io/doc/Puregold%20ICO%20White%20Paper%20v0.30.pdf.
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hi guys, where is your main office?
Hi, Our office is based in Singapore.
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You found your niche! I wish you success! But are you new? When did Puregold idea start?
Hello, Puregold.sg was established in 2010 as an e-commerce store selling value-added gold and silver coins and bars.
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Hi guys, when ico start?
Hello, ICO - 15 JAN 2018 - 14 MAR 2018
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What are you going to do if price of gold will drop?
Hello, We use gold because it is stable. Gold has always been regarded as the most precious metal and has been highly sought after as a coveted asset since early human civilization. It is doubtly that price for the gold will fall down.
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Which blockchain do you use?
Hello, Puregold is using Ethereum platform as it is currently the most widely accepted platform which offers all the benefits of a blockchain (full traceability, nonrepudiability etc.) and multiple source language implementations that encourage integration. Ethereum will handle only the parts needing consensus, transparency and accountability. Other services will continue to be provided using existing technology.
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I have not heard of a project like yours. Do you have a kind of an application? What can I do with it?
Hello, We are planning to launch app in 2018. It will include Gold currency exchange, transaction history, manage payment details, filter by currencies, payment time, shopping methods etc. New store connections, customised loyalty and cashback programs.
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Will i be able to store PG tokens on MyEtherWallet after i get them?
Hello, Yes, they will. But, you need to make sure that the contract address is correct. Please note that we do not share the contract address by email, social media or in any chat channels. Important note: do not use Ethereum wallet address from Exchanges to receive our Tokens.
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Will we able to change from PGT to PGG?
Hello, From time to time, and at the discretion of the Puregold but there is no exact time frame for that event. At some point in time we will allow you to change your PGT to PGG.
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What are you going to do if you fail to collect your hard cap? Will the project shut down?
Hello, Hard cap is $20 million. Basically there are two phases: Pre-ICO and ICO itself. 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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what is PG card?
Hi, The PG card is the physical multi-currency (fiat and cryptocurrencies) wallet which can be loaded with cryptocurrencies via the PG Payment Terminals or PG Gold Dispenser Machines (DM), which are connected to the Puregold platform. The PG card also facilitates payments via cryptocurrencies held in the card through NFC and contactless technology. Interesting. Multi currency wallet or card is very convenient. Can you tell me all the currencies that can be there? Hello, 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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I want to know more about Puregold. Where is your headquarter? Are all the people allowed to take part in your ico?
Hello, Puregold.sg is headquartered in Singapore, has offices and retail outlets in Vietnam, Malaysia and Indonesia. It has also launched a Gold Dispensing machine in Singapore. Citizens, residents (tax or otherwise) and green card holders of the United States of America, or other U.S. Person are exempted from participating in this Puregold Token Swap. The term “U.S. Person” refers to anyone who lives in the United States or any entity that is incorporated under United States law. American citizens living abroad can also be considered “U.S. Persons” under certain conditions.
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Does your project have any notable partnerships at this stage?
Hello, Puregold will announce various partnerships with strategic alliances who are already onboard the PG Gold Commerce and Payment Gateway Platform.
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How soon will i get my tokens? Right after i buy them?
Hello, 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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Can you say me please, how many tokens offering during the ICO sale?
Hello, We are offering 50,000,000 (50 Million) tokens less those swapped out during Pre-ICO.
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how much is the minimum contribution?
Hello, Minimum contribution during ICO is 0.1 ETH.
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So you have two kinds of tokens? Are both of them will be tradable on exchanges?
Hello, Yes, they are. But people who want to trade PGG for fiat or cryptocurrency need to undergo Puregold’s KYC procedure. You can also check more detailed information in the White Paper.
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Tell about practical use of the token.
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. PGT can be used as payment for goods and services. Its low volatility as an asset and its predictability make it an invaluable form of currency. 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. From time to time, and on the discretion of the Puregold, PGT holders can also be rewarded with PGG by Puregold, in proportion to the amount of PGT they hold.
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