Hi! What marketing and promotion are planned for ypur project?
Hi, With the launch of the PGPay Mobile Payment App in January 2018, we will be initiating a marketing campaign concurrently to reach out to the consumers and merchants at large. Publicity via online and print advertisements, coverage on financial media and channels, road show, events, attractive sign-up incentive for both consumers and merchants, will run intensively in tandem with the Token Swap.
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How many tokens are you offering during the Pre-ICO?
Hi, We are offering 10 million tokens.
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Hello! Is there any differences between you and Tether except for you have two tokens? Tether is backed by USD.
Hi, Yes, we are different from Tether. As a successful business operator in Gold, Puregold is in a very strategic and pivotal position to support a cryptocurrency supported by Gold (hereafter termed as PGG) as well as to develop and expand a payment gateway with Gold as the currency. We are the First Payment Gateway using Gold backed cryptocurrency, PGG, and supported by PGT.
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What blockchain do you use?
Hi, We use Ethereum.
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How soon are you going to enter the exchanges?
Hello, We will announce it after ICO ends.
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You say your crypto currency is backed by gold. Do you think that the price of your crypto currency will flactuate with the gold price?
Hello, Yes, we do, because puregold sets PGG at the current market price for physical gold. Why should anyone invest in your gold backed crypto currency instead of buying gold in a bank? What are the benefits? Hello, 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. There is no doubt that gold will continue to play an integral role in the foreign exchange markets. Using physical gold as currency has many limitations which discourage its wide adoption. However, with phenomenal advancement in the digital world and introduction of the cryptocurrencies, many barriers have been broken to revive gold as the quintessential standard for currency valuations.
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You say your crypto currency is backed by gold. Do you think that the price of your crypto currency will flactuate with the gold price?
Hello, Yes, we do, because puregold sets PGG at the current market price for physical gold.
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What currency do you use?
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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Hello. Why do you think the price for your token will rise in the future?
Hello, Because puregold sets PGG at the current market price for physical gold. The company uses physical gold (of 999.9 quality). PGG can be stored long-term in a special and secure storage with options of either converting the gold to fiat or to some form of cryptocurrency, such as BTC, ETH, Dash, etc. 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 will you provide liquidity for your tokens?
Hello, It is critical to note the blockchain elements of the system will provide liquidity via smart contracts, forming the basis to convert value between fiat, gold and cryptocurrency, enabling gold as a form of value exchange.
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Can you tell me what is the difference PGT and PGG?
Hello, 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. PGG: Equal to one gram of gold (999.9 quality) PGT is a utility token issued by Puregold to be used to pay or offset transaction fees on the Gold-Commerce platform.
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Can i buy your tokens using my exchange wallet? Don't want to waste money on transactions.
Hello, 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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Hello, I like your project. But to make a good investment i'd like to see your roadmap. Do you have one? What do you plan to do in the future?
Hello, More detailed roadmap in WP https://puregold.io/doc/Puregold%20ICO%20White%20Paper%20v0.24.pdf in section 7. In future we are planning to increase the amount of ATMs, but we cannot give any predictions for now.
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Hi, I want to put some eth in your project. Is there any amount that I buy and qualify for a bonus or it doesn't matter how much i take?
Hi, Yes, 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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Hello. What kind of token is this? Security?
Hi, 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. Security is an issue we take seriously when it’s Gold Atm and our PG Pay platform. We have placed TOP security measures along with building management for our Gold Atm as well as adopt proper security protocols on our online platforms.Being prepared for such issues is a TOP level priority for us.
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What is the main idea?
Hi, PureGold is the First Payment Gateway using Gold-Backed Cryptocurrency, that makes it very reliable and secure.
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What is the total supply of tokens for Puregold?
Hi, 50,000,000 PGT tokens to be made available to general public on puregold.io website.
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If you plan to expand, then every country and/ or Unions (like EU) has its perculiarities in law, people's habits and readiness of the market to accept the ideas. Did you have some 'differences'? How have you solved it?
Hi, Business Expansion is planned for 2018 year. Expansion of Company offices to Indonesia, Thailand, and many other countries, but more details of the expansion will be available soon.
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GoldBacked? What does it mean?
Hi, The advantages of using Gold as currency over traditional fiat currencies are numerous. Today a transaction between persons residing in different countries can still take several days and also cost the parties a significant share of the money transferred (the average cross border transaction fee is 7.45%) as each party of the transfer chain, of which there are many, requires a small margin for their efforts. This can now be done in seconds using GoldBacked cryptocurrencies via the blockchain for practically zero cost and more securely than ever before. Even those with a strong interest in new technology and better ways of conducting transactions, Gold is still perceived as a stable and reliable investment instrument. The single most important step in moving benefits from the conceptual into the practical mainstream is to enable people to use Gold in the same way as they can with any other currencies.
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