The coins will act as a digitalized real precious metal is definitely an advantage for any investor cautious about any crashes or price going down. However, I'm not sure if they do anything revolutionary. There are already ordinary ways of purchasing metals, and many other better organized and designed ICOs dealing with this matter.
Correct that there are ordinary ways of purchasing precious metals, however the transfer costs are much lower in digitized metals. Also our client's privacy is protected by Panamanian law. We will only disclose our client's information when ordered by a Panamanian court of law judgement.
We would be really grateful if you could provide examples about which and especially how are other ICOs better dealing with this matter. In our analysis, we have determined that our OCG gold backed token is the simplest, best designed and most transparent gold cryptoasset available today. So far is the only one that tracks the gold market price with 100% correlation. The gold is stored in first class PRIVATE vaults only subject to laws under Swiss, Liechtenstein and Cayman jurisdictions. Our physical delivery process is industry standard, one OCG token is ALWAYS 30 grams of fine gold and finally, Orocrypt and our partner vaults are responsible for bullion losses of the stored gold backing the tokens.
