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

[petern66]

On what will you distribute the funds collected during the ICO? Can you show me the budget allocation?

[puregoldICO]

On what will you distribute the funds collected during the ICO? Can you show me the budget allocation?

Thank you for your question!
To foster a strong community of users for PGT, a large portion of our budget will go into marketing and geo-expansion of PG-Pay. Our aim is also to promote international and global acceptance of PG-Pay as a fast transacting and efficient payment method for digital gold transactions. Furthermore, asset caches have to be installed in major countries for fast cross border settlement.

You can check fund and budget allocations via following links:
https://puregold.io/images/chartBudget.jpg                       
https://puregold.io/images/chartFund.jpg

[gonzoe]

will token price change in accordance with gold price fluctuation?

[puregoldICO]

will token price change in accordance with gold price fluctuation?

Hi,
PGG is a crypto asset issued by Puregold that uses the current price of gold set on the LBMA exchange at the time of swap. Value depends on amount of gold in storage / circulation. As for PGT cost will be determined by the cryptocurrency exchanges. Also price of a coin depends on demand

[viktor782]

can I use gold to buy tokens? Or gold backed assets?

Hi,
We accept Ethereum (ETH). You need to transfer ETH to the ICO contract address provided to you after you have registered. Please do not send any ETH from Exchanges - that is, do not use wallet addresses provided by Exchanges like Coinbase, Bittrex, Poloniex, Kraken, etc. You need to transfer ETH from your personal Wallet (for example: myetherwallet or imToken). This is because PGT will be swapped directly to the same wallet as ETH. In a while, we will be also be accepting Bitcoin (BTC)

A number of ICOs did/do accept deposits made through exchanges. What was the reason you decided to go the other way?

[puregoldICO]

can I use gold to buy tokens? Or gold backed assets?

Hi,
We accept Ethereum (ETH). You need to transfer ETH to the ICO contract address provided to you after you have registered. Please do not send any ETH from Exchanges - that is, do not use wallet addresses provided by Exchanges like Coinbase, Bittrex, Poloniex, Kraken, etc. You need to transfer ETH from your personal Wallet (for example: myetherwallet or imToken). This is because PGT will be swapped directly to the same wallet as ETH. In a while, we will be also be accepting Bitcoin (BTC)

A number of ICOs did/do accept deposits made through exchanges. What was the reason you decided to go the other way?

Hi,
Puregold is using Ethereum platform as it is currently the most widely accepted platform which offers all the benefits of a blockchain with a full traceability, nonrepudiability and multiple source language implementations that encourage integration.
Our tokens are ERC20 standard tokens. Thus, many suitable Ethereum wallets should be able to view our tokens. PGT will be swapped directly to the same wallet as ETH. In a while, we will be also be accepting Bitcoin (BTC)

[Dxlike]

Can i send my tokens to MyEtherWallet right after i did the investment?

[sergey345]

Have your team been involved with the blockchain before? Or are you new to this technology?

[maxel83]

Do you accept bank gold for contribution?

[puregoldICO]

Can i send my tokens to MyEtherWallet right after i did the investment?

Hi,
Yes, they are being sent immediately.

[Vylentinka]

When we will recieve our tokens?

[puregoldICO]

Have your team been involved with the blockchain before? Or are you new to this technology?

Hi,
Puregold is the first payment gateway (PG_PAY) using a cryptocurrency supported by gold. Established in 2010, Puregold’s team expanded a successful ecommerce gold business onto the Ethereum blockchain to create a network of gold-supported cryptocurrency.

[puregoldICO]

Do you accept bank gold for contribution?

Hi,
We accept Ethereum for now, but we are planning to make investment possible via BTC as well.

[puregoldICO]

When we will recieve our tokens?

Hi,
You receive them to your wallet rightaway, but it may take time for the transaction. Tokens swap occur when the ETH transaction is verified on the ETH blockchain, which is normally immediate. Token swap via other crypto-currencies will take at least one working day.

[tengkukaya]

how will the token price compare to the price of the gathered gold ?

[and1975]

can i change my tokens into gold after Ico?

[elzyo8]

Have you concluded any substantial partnerships already?

[nirre55]

Do you have medium blog or github blog where i can track your progress on developments of the project?

[hroschi]

can you explain what is the practical use of your token?

[baronandr]

what is the minimum investment now?