looks will be a great and profitable project. protected by the real assets of diamonds and gold, and insured in bank safes will make investors more trust and invest. success for your token sale and I hope to participate in your bounty campaign.
Welcome to bounty - https://bitcointalk.org/index.php?topic=4685008%F0%9F%8E%81 |
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It is an interesting product have, but in the end you still have to rely on the banking system, which is something that crypto to some degree is meant to avoid. What are the escrow fees banks charge for storing the diamonds?
That's why we are starting business in Switzerland, where FINMA somehow regulates the crypto and the transactions. Yes, there are some problems with Diamonds. Banks don't like them, cause it takes time to evaluate them correctly. The scale of Rapaport is big enough so the escrow fees differ. For small stones we pay, for bigger stones some banks ready to pay themselves to us, if stones are extraordinally or they are interested in them to enhance their portfolio. That's why we are mixing diamonds with gold, cause banks like gold very much. For the first steps Gold will be stored in Swiss banks (UBS and Credit Suisse), diamonds will be at Santander and JP Morgan. They are more interested in storing diamonds in their vaults. At the next steps Swiss banks will be ready to go with diamonds, when Gold & Diamonds SA (New company for GID Coin) will get good profile with gold. The plan is to tokenize diamonds and gold, put the underlying diamonds and gold in escrow, generate a certificate and let the tokens trade freely on the market? Yes, correct. If you can check the WP – you see the plan-scheme and formula of working: ˝ of funds are always in operations. Another ˝ secured in vaults as a back up of the token. Real business is working, annually brings new assets to the vault, company makes revealing of secured products and the price of it on quarterly, then monthly basis. So everyone knows how much Coin costs. Additional value to the Coin can be given by high demand or speculation of exchanges. Btw, everyone know the real price of Coin Certificates aren't as beautiful as the diamonds themselves  I know when it comes to oil it's normal to trade certificates, but don't people who trade diamonds rather want those diamonds be physically present? I think that I missedunderstood your termin "Certificate" in this issue. All assets will be real, touchable (I wish to conclude with banks to make a tour for the biggest investors to the vaults 1 time per month) and fully owned by the company, so it means that capitalization of the GID Coin company will be fully backed by Diamonds and Gold in vaults, cause exactly this assets will give possibility to take overdraft for business, to back Coin and to go to IPO. They will be real, but they won't be in the hands of their investors. They are stored in a safe in a bank. What if I am in another country and want to sell my diamonds right in that moment? Can I transfer a certificate to someone else? So just sell you coin to somebody or exchange it to fiat. As I told you earlier - we will publish on quarterly basis the minimum cost of the Coin. So exchanges will focus on it, it can be higher only if will be high demand or immediate changes on gold or diamond market. That means while I hold a certificate I can't be absolutely sure that the bank lives up to its promises and safeguards the underlying? Hmm ) I think if we are talking about UBS, Credit Suisse, JP Morgan, Santander and Deutsche banks you can be sure that all promises are real. Maybe you can't ask me to give you diamonds or gold which equal to amount of your token, but also you can't come to Fortnox or any other Central bank of the country and claim your gold)). We can buy back your token or help you to sell it. You have to understand, that yet I can't legally connect gold and diamonds with crypto, cause there is no such a law. But I can give you minimum price of the token according to my assets in vaults. Yes but that still means that there will always be a good amount of trust involved in the business relationship. Basically all crowdfundings (not only ICOs) - have good amount of trust involved. |
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it is clear this will be a great project. clear project flow, transparent road map and already partnering with international banks would be an attraction for investors. success for your token sales, good luck reaching the target.
Thank you! |
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Тhe kеу оbjесt thаt in thе future іt hаs guаrantее thе develоpmеnt оf thе busіness.
Gоod luсk guys.
Thank you! hope to see you among our investors! |
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ЖИД коин - это такой одесский юмор, что-ли?
I think it's better to check you English pronunciation.  We have nothing in common with Ukraine and its humor. |
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If the dev team do more interview session, with Q&A sessions giving the bounty team more resources to post, it will go a long way to improve PR activities.
It can be done, but we don't see any questions here. If our thread will be full of questions - we will do the webinar with pleasure! |
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It is an interesting product have, but in the end you still have to rely on the banking system, which is something that crypto to some degree is meant to avoid. What are the escrow fees banks charge for storing the diamonds?
That's why we are starting business in Switzerland, where FINMA somehow regulates the crypto and the transactions. Yes, there are some problems with Diamonds. Banks don't like them, cause it takes time to evaluate them correctly. The scale of Rapaport is big enough so the escrow fees differ. For small stones we pay, for bigger stones some banks ready to pay themselves to us, if stones are extraordinally or they are interested in them to enhance their portfolio. That's why we are mixing diamonds with gold, cause banks like gold very much. For the first steps Gold will be stored in Swiss banks (UBS and Credit Suisse), diamonds will be at Santander and JP Morgan. They are more interested in storing diamonds in their vaults. At the next steps Swiss banks will be ready to go with diamonds, when Gold & Diamonds SA (New company for GID Coin) will get good profile with gold. The plan is to tokenize diamonds and gold, put the underlying diamonds and gold in escrow, generate a certificate and let the tokens trade freely on the market? Yes, correct. If you can check the WP – you see the plan-scheme and formula of working: ˝ of funds are always in operations. Another ˝ secured in vaults as a back up of the token. Real business is working, annually brings new assets to the vault, company makes revealing of secured products and the price of it on quarterly, then monthly basis. So everyone knows how much Coin costs. Additional value to the Coin can be given by high demand or speculation of exchanges. Btw, everyone know the real price of Coin Certificates aren't as beautiful as the diamonds themselves I know when it comes to oil it's normal to trade certificates, but don't people who trade diamonds rather want those diamonds be physically present? I think that I missedunderstood your termin "Certificate" in this issue. All assets will be real, touchable (I wish to conclude with banks to make a tour for the biggest investors to the vaults 1 time per month) and fully owned by the company, so it means that capitalization of the GID Coin company will be fully backed by Diamonds and Gold in vaults, cause exactly this assets will give possibility to take overdraft for business, to back Coin and to go to IPO. They will be real, but they won't be in the hands of their investors. They are stored in a safe in a bank. What if I am in another country and want to sell my diamonds right in that moment? Can I transfer a certificate to someone else? So just sell you coin to somebody or exchange it to fiat. As I told you earlier - we will publish on quarterly basis the minimum cost of the Coin. So exchanges will focus on it, it can be higher only if will be high demand or immediate changes on gold or diamond market. That means while I hold a certificate I can't be absolutely sure that the bank lives up to its promises and safeguards the underlying? Hmm ) I think if we are talking about UBS, Credit Suisse, JP Morgan, Santander and Deutsche banks you can be sure that all promises are real. Maybe you can't ask me to give you diamonds or gold which equal to amount of your token, but also you can't come to Fortnox or any other Central bank of the country and claim your gold)). We can buy back your token or help you to sell it. You have to understand, that yet I can't legally connect gold and diamonds with crypto, cause there is no such a law. But I can give you minimum price of the token according to my assets in vaults. |
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if I see your partners joining in, I feel it will be a good project
we will see when main ico start if good progres i will join there.
Thank you! Hope to see you among our investors! |
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Quick #NEWSBLOCK about our trip to mines of Ghana and Botswana.Our CEO Oleg Tkachev is finalizing his trip Africa. He visited Ghana and Botswana. He examined in total 5 mines and came into agreement with mine-owners about supplying of Gold and Diamonds for GID Coin. We have few videos of mining sites for you. Raw gold right after mine  and after preliminary refining.  Rough diamond of 80 cts  Keep following us to be touch with fresh news! Video are here: https://youtu.be/7czbodQkZ8Yhttps://youtu.be/dInZyPy9Iuchttps://youtu.be/Yi91Qx30OV0
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Meet the Team — New Advisor Barnaby AndersunFuturist; ICO, Blockchain & Brand Strategist; CEO of BlockAlchemy.io; Advisor at IBCgroup.io Oleg met him at WEF-2018 at Davos as well as Gregory. Barnaby has founded several tech startups over the past 25 years, including his blockchain and branding consultancies, plus a number e-commerce and cryptocurrency projects. This includes creating innovative models for ICO startups, plus complete marketing strategies to launch their projects online, providing full ICO services for crypto-entrepreneurs and tokenomics projects. During his long career in technology, Barnaby understood the power of blockchain and has made cryptocurrency & decentralization a central focus on all of his projects, now with attention on helping bring to market ICOs built on innovative blockchain technologies. Barnaby provides strategic consulting on how to digitize a project, re-engineer it for blockchain, automate e-commerce systems, drive traffic, and build brand awareness. Internet’s early adopter back in 1993, and later joining Australia’s first major Web Design & Development team in Feb ’95, has been involved in all aspects of web technologies since their conception making Barnaby a true pioneer in his fields. A focal point is his successful branding agency, Brand Aloud, which has a radical new approach to research-focused branding. If you’re a start-up, Barnaby knows the steps on how to get your project ready for market. He’s also been a meditation teacher for 20+ years, an interest that has led him all over the world fulfilling his curiosity for life beyond life, leading his interest in the mind & neurological health to investigating the latest in brain research, focusing on natural state-of-the-art methods for improving brain functioning. This research is paving the way to a new book Barnaby has in the works, which has lead to him running the successful architecture of GoldLightCentral.com for the Ajna Light & Neuro Light machines. A man of many talents: Writer, consultant, web & app architect, strategist, and a sought after international speaker, having trained over 2,000 people through the US, Asia and Australia, having also held conferences at Stanford University. He will be responsible for Blockchain Development Please Welcome Barnaby! Website: www.blockalchemy.io
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Meet the Team — New Advisor Javor NinovWe are introducing you our new Advisor — Javor Ninov Starting out in computer science in the early ’90s, by the end of the decade Javor was writing software for the government of the newly democratized republic of Bulgaria. Soon after, he became a freelance white-hat hacker, discovering various exploits and zero-day vulnerabilities and giving frequent lectures on risk analysis in IT systems. After managing a number of tech businesses during the next two decades, Javor became fascinated with the possibilities of blockchain to improve the well-being of people globally. Currently, he is an IDACB Board of Directors Member, CEO of Outsource Partners and of Tresaro. He is also an advisor to several blockchain-based projects. He is responsible for General ICO Advising Please Welcome Javor!
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It is an interesting product have, but in the end you still have to rely on the banking system, which is something that crypto to some degree is meant to avoid. What are the escrow fees banks charge for storing the diamonds?
That's why we are starting business in Switzerland, where FINMA somehow regulates the crypto and the transactions. Yes, there are some problems with Diamonds. Banks don't like them, cause it takes time to evaluate them correctly. The scale of Rapaport is big enough so the escrow fees differ. For small stones we pay, for bigger stones some banks ready to pay themselves to us, if stones are extraordinally or they are interested in them to enhance their portfolio. That's why we are mixing diamonds with gold, cause banks like gold very much. For the first steps Gold will be stored in Swiss banks (UBS and Credit Suisse), diamonds will be at Santander and JP Morgan. They are more interested in storing diamonds in their vaults. At the next steps Swiss banks will be ready to go with diamonds, when Gold & Diamonds SA (New company for GID Coin) will get good profile with gold. The plan is to tokenize diamonds and gold, put the underlying diamonds and gold in escrow, generate a certificate and let the tokens trade freely on the market? Yes, correct. If you can check the WP – you see the plan-scheme and formula of working: ˝ of funds are always in operations. Another ˝ secured in vaults as a back up of the token. Real business is working, annually brings new assets to the vault, company makes revealing of secured products and the price of it on quarterly, then monthly basis. So everyone knows how much Coin costs. Additional value to the Coin can be given by high demand or speculation of exchanges. Btw, everyone know the real price of Coin Certificates aren't as beautiful as the diamonds themselves I know when it comes to oil it's normal to trade certificates, but don't people who trade diamonds rather want those diamonds be physically present? I think that I missedunderstood your termin "Certificate" in this issue. All assets will be real, touchable (I wish to conclude with banks to make a tour for the biggest investors to the vaults 1 time per month) and fully owned by the company, so it means that capitalization of the GID Coin company will be fully backed by Diamonds and Gold in vaults, cause exactly this assets will give possibility to take overdraft for business, to back Coin and to go to IPO. They will be real, but they won't be in the hands of their investors. They are stored in a safe in a bank. What if I am in another country and want to sell my diamonds right in that moment? Can I transfer a certificate to someone else? So just sell you coin to somebody or exchange it to fiat. As I told you earlier - we will publish on quarterly basis the minimum cost of the Coin. So exchanges will focus on it, it can be higher only if will be high demand or immediate changes on gold or diamond market. |
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BOUNTY CAMPAIGN IS FINISHED! ALL SPREEDSHEETS ARE IN THE TOP! |
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It is an interesting product have, but in the end you still have to rely on the banking system, which is something that crypto to some degree is meant to avoid. What are the escrow fees banks charge for storing the diamonds?
That's why we are starting business in Switzerland, where FINMA somehow regulates the crypto and the transactions. Yes, there are some problems with Diamonds. Banks don't like them, cause it takes time to evaluate them correctly. The scale of Rapaport is big enough so the escrow fees differ. For small stones we pay, for bigger stones some banks ready to pay themselves to us, if stones are extraordinally or they are interested in them to enhance their portfolio. That's why we are mixing diamonds with gold, cause banks like gold very much. For the first steps Gold will be stored in Swiss banks (UBS and Credit Suisse), diamonds will be at Santander and JP Morgan. They are more interested in storing diamonds in their vaults. At the next steps Swiss banks will be ready to go with diamonds, when Gold & Diamonds SA (New company for GID Coin) will get good profile with gold. The plan is to tokenize diamonds and gold, put the underlying diamonds and gold in escrow, generate a certificate and let the tokens trade freely on the market? Yes, correct. If you can check the WP – you see the plan-scheme and formula of working: ˝ of funds are always in operations. Another ˝ secured in vaults as a back up of the token. Real business is working, annually brings new assets to the vault, company makes revealing of secured products and the price of it on quarterly, then monthly basis. So everyone knows how much Coin costs. Additional value to the Coin can be given by high demand or speculation of exchanges. Btw, everyone know the real price of Coin Certificates aren't as beautiful as the diamonds themselves I know when it comes to oil it's normal to trade certificates, but don't people who trade diamonds rather want those diamonds be physically present? I think that I missedunderstood your termin "Certificate" in this issue. All assets will be real, touchable (I wish to conclude with banks to make a tour for the biggest investors to the vaults 1 time per month) and fully owned by the company, so it means that capitalization of the GID Coin company will be fully backed by Diamonds and Gold in vaults, cause exactly this assets will give possibility to take overdraft for business, to back Coin and to go to IPO. |
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It is an interesting product have, but in the end you still have to rely on the banking system, which is something that crypto to some degree is meant to avoid. What are the escrow fees banks charge for storing the diamonds?
That's why we are starting business in Switzerland, where FINMA somehow regulates the crypto and the transactions. Yes, there are some problems with Diamonds. Banks don't like them, cause it takes time to evaluate them correctly. The scale of Rapaport is big enough so the escrow fees differ. For small stones we pay, for bigger stones some banks ready to pay themselves to us, if stones are extraordinally or they are interested in them to enhance their portfolio. That's why we are mixing diamonds with gold, cause banks like gold very much. For the first steps Gold will be stored in Swiss banks (UBS and Credit Suisse), diamonds will be at Santander and JP Morgan. They are more interested in storing diamonds in their vaults. At the next steps Swiss banks will be ready to go with diamonds, when Gold & Diamonds SA (New company for GID Coin) will get good profile with gold. The plan is to tokenize diamonds and gold, put the underlying diamonds and gold in escrow, generate a certificate and let the tokens trade freely on the market? Yes, correct. If you can check the WP – you see the plan-scheme and formula of working: ˝ of funds are always in operations. Another ˝ secured in vaults as a back up of the token. Real business is working, annually brings new assets to the vault, company makes revealing of secured products and the price of it on quarterly, then monthly basis. So everyone knows how much Coin costs. Additional value to the Coin can be given by high demand or speculation of exchanges. Btw, everyone know the real price of Coin |
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Something about Stablecoin P.9by Kenneth Rapoza No surprise, a company you’ve never heard of called TrustToken launches the latest digital coin dedicated to the crypto-asset investor — the audited, fiat-backed cryptocurrency TrueUSD — and raises $20 million from traditional venture capitalists. In this case, a group of eight led by brand-namers Andreessen Horowitz, the VC firm of Web browser billionaire Marc Andreessen and Silicon Valley staple Ben Horowitz. Over the last five weeks, TrueUSD has built a market cap of around $50 million because institutional money continues to pour into the crypto space. As of the week ending June 19, it had over $60 million in TrueUSD coins in circulation, all fully backed by the dollar and held in managed trusts with monthly audits by Cohen & Company. Audited stable coins are an example of how the crypto space is getting wise to the fact that traditional money managers want in. But they want in to a market that looks a bit more like the traditional financial market they know well rather than token trading for handshakes inside something akin to a virtual Star Wars cantina. TrueUSD launched in March. It is one of a handful of coins that are linked to fiat currency and part of a club of those so-called stable coins that get audited. It’s the audited stable coin, in theory, that brings a level of traditional, professional financial industry trust to the market. Continue reading...
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It is an interesting product have, but in the end you still have to rely on the banking system, which is something that crypto to some degree is meant to avoid. What are the escrow fees banks charge for storing the diamonds?
That's why we are starting business in Switzerland, where FINMA somehow regulates the crypto and the transactions. Yes, there are some problems with Diamonds. Banks don't like them, cause it takes time to evaluate them correctly. The scale of Rapaport is big enough so the escrow fees differ. For small stones we pay, for bigger stones some banks ready to pay themselves to us, if stones are extraordinally or they are interested in them to enhance their portfolio. That's why we are mixing diamonds with gold, cause banks like gold very much. For the first steps Gold will be stored in Swiss banks (UBS and Credit Suisse), diamonds will be at Santander and JP Morgan. They are more interested in storing diamonds in their vaults. At the next steps Swiss banks will be ready to go with diamonds, when Gold & Diamonds SA (New company for GID Coin) will get good profile with gold. |
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very interesting project
Thank you! Hope to see you amoung our investors! |
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Meet the Team — New AdvisorMiikka Saloseutu Miikka is our strategic marketing advisor he is also an ICO Bench ranked advisor. He is a founder of icotokennews.com and cryptocoinjudge.com websites. He is an experienced marketing professional with a demonstrated history of working in the internet industry with many challenging projects relating to Search Engine Optimization (SEO), venture capital investments, angel investments, E-commerce Optimization, Sales, Initial Coin Offerings, Crypto Currencies and Pay Per Click (PPC) marketing. He has his own internet marketing company Triplex Trading OU, which specialized in highly targeted SEO based affiliate marketing in the financial space and has grown exponentially in a last few years. Welcome Miikka to GID Coin Team! Links: Linkedin — https://www.linkedin.com/in/miikka-saloseutu-72141a131/Twitter — https://twitter.com/MSaloseutuFacebook — https://www.facebook.com/miikkasaloseutu
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