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Author Topic: [ANN][ICO] Puregold - First Payment Gateway using GoldBacked cryptocurrency  (Read 11379 times)
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niazzy
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January 10, 2018, 10:42:01 PM
 #301

Where can i see the funds allocation of your project?
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davemorg
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January 10, 2018, 10:45:47 PM
 #302

what is KYC process and what is it for?
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January 10, 2018, 10:54:22 PM
 #303

What will be the exchange rate between your 2 tokens ?
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January 10, 2018, 11:00:09 PM
 #304

When we will be able to change from PGT to PGG?

Hi,
From time to time, and at the discretion of the Puregold but there is no exact timeframe for that event.
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January 10, 2018, 11:18:37 PM
 #305

Is there any compulsory investment for newcomers?

Hi,
Basically there are no compulsory investments but in order to take part in our ICO you should buy our PG tokens.
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January 10, 2018, 11:38:39 PM
 #306

What`s the relation between PGG and PGT coin?
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January 10, 2018, 11:47:47 PM
 #307

hard cap? how many there are rounds?
puregoldICO
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January 10, 2018, 11:48:22 PM
 #308

How is the gold been using in your project?

Hi,
Our cryptocurrency is gold backed. For instance our PGG works through a digitized ledger on the blockchain whose cryptocurrency value is based on physical gold. For now we have also a gold dispensing machine in Singapore and we are also planning to launch them beyond Singapore.
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January 11, 2018, 12:08:59 AM
 #309

Where can i see the funds allocation of your project?

Hi,
You can check that information either on the webpage or in the White Paper p.21.
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January 11, 2018, 12:12:07 AM
 #310

Do you have an app ?
ArifBestari
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January 11, 2018, 12:21:01 AM
 #311

The Safe House will be well secured?
fullhousse
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January 11, 2018, 12:23:11 AM
 #312

What is your gold price based on?
puregoldICO
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January 11, 2018, 12:49:56 AM
 #313

what is KYC process and what is it for?

Hi,
In order to prevent fraud activities we require to complete registration through a Know-Your-Customer process.
This is the process of a business identifying and verifying the identity of its clients. People who want to trade PGG for fiat or cryptocurrency need to undergo Puregold’s full KYC procedure.
puregoldICO
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January 11, 2018, 12:57:58 AM
 #314

What will be the exchange rate between your 2 tokens ?

Hi,
It depends on the price of the coin on an exchange market and also on gold price based on LBMA.
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January 11, 2018, 01:13:29 AM
 #315

hard cap? how many there are rounds?

Hi,
Hard cap is $20 million. Basically there are two phases: Pre-ICO and ICO itself.
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January 11, 2018, 01:26:52 AM
 #316

I cannot believe that your ATM will dispense real gold. Why would you do that???
puregoldICO
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January 11, 2018, 01:31:12 AM
 #317

Do you have an app ?

Not yet, we are planning to launch it in 2018.
humayoonjan
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January 11, 2018, 01:42:13 AM
 #318

What is your target market?
puregoldICO
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January 11, 2018, 01:50:42 AM
 #319

The Safe House will be well secured?

Hi,
Yes, certainly it will.
So the physical gold is stored in a decentralized storage unit, The Safe House Pte Ltd, which is a third party, separately audited security firm that Puregold engages to identify and store investment grade gold, gold jewellery, small ingots (up to 100 grams) and coins.
puregoldICO
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January 11, 2018, 02:23:55 AM
 #320

What is your gold price based on?

Hi,
Value depends on gold price based on LBMA.
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