[ANN][ICO] Puregold - First Payment Gateway using GoldBacked cryptocurrency

[puregoldICO]

Is it based on a existing business?

Yes, Puregold.sg was established in 2010 as an e-commerce store selling value-added gold and silver coins and bars. Puregold.sg has won the Asia Pacific Top Excellence Brand year 2012. This prestigious award is presented by an influential regional business magazine, the Global Business Magazine. Puregold.sg, which is headquartered in Singapore, has offices and retail outlets in Vietnam, Malaysia and Indonesia. It has also launched a Gold ATM machine in Singapore.

[yahman]

What components will your platform be supported with?

[puregoldICO]

What components will your platform be supported with?

PG ATM Cards – to be issued to consumers with PG account.
• PG Payment Terminals – to facilitate merchants to accept payment by PG cards.
• PG Gold Automated Teller Machines (ATM) – to be installed at various locations to provide 24 by 7 convenient access by account holders.
• PGPay Payment Gateway – the complete suite of backend system and frontend app to support online and mobile transactions.

[Jack.Doe333]

Is there a more detailed road map? Where can I see it?

[puregoldICO]

Is there a more detailed road map? Where can I see it?

You can find more detailed roadmap in WP https://puregold.io/doc/Puregold%20ICO%20White%20Paper%20v0.24.pdf in section 7.

[JanyJeand31]

How I can join your ICO?

[puregoldICO]

How I can join your ICO?

You can buy tokens via ETH (link - https://puregold.io/en/register).

[moepaing]

What is the practical use of your token?

[RCB100%]

This interesting project with the great idea. However, i want info road map, airdrop, bounty program, ... than? Good luck success!

[puregoldICO]

What is the practical use of your token?

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.

[shielalez]

This interesting project with the great idea. However, i want info road map, airdrop, bounty program, ... than? Good luck success!

Yeah, they have it on the website.

[puregoldICO]

This interesting project with the great idea. However, i want info road map, airdrop, bounty program, ... than? Good luck success!

Hi! Thanks. Link to road map - https://puregold.io/en#timeline

About bounty - it will be live from tomorrow.

[ivo21]

I like your project, I love gold as a store of value and as an independent entity from individual governments. But what will happen to my contribution in case you don't collect the required amount?

According to your site, the amount raised till now is $3.521M out of $20M, even though the pre-ICO have been extended. If the past contribution pace is an indication, it probably won't reach the desired amount. Also, ETH price is quickly rising making more expensive for people to contribute.

[SuJong]

Hello, why two different minimum purchase amounts?? Have you made a mistake by putting 3 ETH?

[puregoldICO]

I like your project, I love gold as a store of value and as an independent entity from individual governments. But what will happen to my contribution in case you don't collect the required amount?

According to your site, the amount raised till now is $3.521M out of $20M, even though the pre-ICO have been extended. If the past contribution pace is an indication, it probably won't reach the desired amount. Also, ETH price is quickly rising making more expensive for people to contribute.

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.

Hello, why two different minimum purchase amounts?? Have you made a mistake by putting 3 ETH?

Indeed, there are two different minimum purchase amount. Please note, that 3 ETH are set for pre-ICO period only.

[retricallos]

What about the team and their experience?

[puregoldICO]

What about the team and their experience?

You can read about them here - https://puregold.io/en#team

[romanzhur]

Tell about practical use of the token.

[puregoldICO]

Tell about practical use of the token.

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.

[retricallos]

What`s the relation between PGG and PGT coin?