Sudan Gold Coin- Grabbing eye balls for all the right reasonsIn the ICO market, a broad-spectrum ebb is present, which compels us for a visit and take notice. In the midst of the debate about cryptocurrencies and its impact on the financial market, a new ICO from Sudan Gold has emerged to be a silver lining. A lot of apprehensions of the investors are put to rest. A few enthusiasts of ICO are going to give this ICO a miss. The focal point about this ICO is that it provides a guarantee in the form of physical gold.
Current statusThe SCG project has completed an year of inception. The brainchild of a few budding enthusiasts this project has been operational for a year. A lot has been done in this regard.
• An official agreement exists with the government of Sudan
• They have gone on to reserve a host of mining sites whereby a strategic partnership with local mining set ups have been established. The financial in consortium with corporate structural framework of the project was formulate
• In current scenario the project is under growing a legal audit to obtain support from influential financial regulators FINMA
• Perceptions about imminent valuation driving crypto ICO along with market have a tangible backing presently. The Sudan gold coin issues ICO to the customers and the backing of real gold is there. In cryptocurrency lack of physicality was the norm, which is a foregone conclusion
• This ICO will help investors in rerouting their physical investment to the physical production of gold in Sudan. A real mining and a purification plant that produces physical gold in the land of Sudan. The land for the project has been acquired by the Sudan government in the form of a concessional agreement.
The stage after the ICO is the time where investors have anxiety on their faces.What can I expect next? From the perspective of Sudan Gold project, incremental production of real gold from the plant of Sudan is assured. The moment gold production takes place it would be distributed among the investors to the tune of their investment ratio. It is envisaged that the value of each gold coin is 0.05 gram. The expectation is that the value of ICO will climb once the tokens start appreciating in value, whereby the quarterly distribution of physical gold occurs from the mining process. If you have a physical share of the gold you can do that. Otherwise, you can accumulate it electronically and sell it off during the exchanges of cryptocurrencies. The process of earning continues without making the further investment as the tokens witness an appreciation in value. This is in relation to the physical gold accumulated against them.
Guarantees you can expect from the project moduleIn the financial market, uncertainty is the only certainty, keeping aside the volatile nature of cryptocurrency environment. During a particular time, Bitcoin along with other cryptocurrencies may experience volatility in valuation. To keep a tab on your investment portfolio is a very difficult task during such turbulent times. But Sudan Gold coin advocates a strong exception to this. The ICO has a different perspective for the future. Some promises have been incorporated into it.
Goldmine promiseOnce you invest in ICO and purchase tokens, for every single token the project owes you 0.05 grams of gold. The company is committed to obliging for the gold before the expiry of the ICO 10 months before source.
Instant profit
Once you take tokens from the ICO instant profits can be made as it is worth 0.05 grams of gold. The price in the gold market appears to be higher. So you can make more profits.
Price promiseOnce an initial phase of distribution of gold appears to be over, the demand of tokens witnesses an upward curve. There is an inclination of people to retain these tokens as there is in a built system where gold is mined against each currency. The necessary impetus would be provided to tokens and their demand would increase. A huge surge in Sudan Gold coin is expected to lead to an increase on the price front.
Promise and safe deposit of goldThe investment stands to be safe in terms of SCG tokens obtained in Switzerland, Your money churns into the gold mines of Sudan. The government of Sudan provides the site for gold mining.
The gold mined is safely deposited in Dubai. If you need physical delivery of gold from Dubai you can ask for it. If you feel the need to sell them you can do so
SafetyFor investment in the ICO tokens are issued, a regulatory authority is behind it. More so the safety of the investment is certified by an international authority. The Swiss regulation protects it.
