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Author Topic: [ANN][ICO] Puregold - First Payment Gateway using GoldBacked cryptocurrency  (Read 11372 times)
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AshleyAshes (OP)
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January 04, 2018, 07:03:03 AM
Last edit: February 22, 2018, 06:45:09 PM by AshleyAshes
 #1

Puregold - First Payment Gateway using GoldBacked cryptocurrency
https://puregold.io/en

Puregold ICO of PGT is officialy conducted in two phases - Pre-ICO and ICO. The targetted maximum number of PGT that will be minted for Pre-ICO and ICO is set at 50,000,000 tokens. Thereafter, no more PGT will be minted.

ICO - 15 JAN 2018 - 14 MAR 2018
Week-1 : 10% Bonus
Week-2 : 5% Bonus
Subsequently : 0% Bonus
700 PGT = 1 ETH
Minimum 0.1 ETH

White paper - https://puregold.io/doc/Puregold%20ICO%20White%20Paper%20v0.24.pdf

Puregold platform will be fully supported with all the critical components:
• 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

Puregold offers two digital tokens, PGT and PGG, running on two separate ledgers. PGG works through a digitized cryptoasset whose cryptocurrency value is based on physical gold. Puregold sets PGG at the current market price for physical gold. The company uses physical gold (of 999.9 quality) as its security. Puregold’s gold reserves equal or exceed its circulated amounts of PGG.

Key differences between Puregold and other gold cryptocurrency blockchains include the following:
• First Payment Gateway using Gold backed cryptocurrency
• Puregold issues 2 tokens, called PGT for transactions; and PGG which is a
cryptoasset backed by physical gold.
• The physical gold are 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.

Budget


Use of Funds


Bounty campaign is now available! A total of 2% out of Sold Tokens (up to 1 000 000 PGT tokens)
are reserved for the Bounty Campaigns. If the hard-cap is reached the Bounty Pool will be equivalent to  equivalent to 1428,57 ETH
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January 04, 2018, 07:20:13 AM
 #2

When ico start?
AshleyAshes (OP)
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January 04, 2018, 09:48:40 AM
 #3

When ico start?

Pre-ICO stage will last from December 21 to January 6
ICO stage will last from January 15 to March 14 
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January 04, 2018, 01:57:02 PM
 #4

How much money do you plan to collect during pre-ico?
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January 04, 2018, 02:22:00 PM
 #5

I see that minimum investment is 3 ETH. I think it's a little big amount, can you decrease the minimum amount to invest?
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January 04, 2018, 03:15:41 PM
 #6

What is the minimum purchase?
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January 04, 2018, 03:41:58 PM
 #7

What is the general idea of your project?
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January 04, 2018, 04:34:23 PM
 #8

What are the benefits of your project?
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January 04, 2018, 04:54:36 PM
 #9

I am interested in details of using smart contracts in your project. Where can I look into?
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January 04, 2018, 05:08:41 PM
 #10

What blockchain do you use?
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January 04, 2018, 05:47:54 PM
 #11

Do you have competitors?
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January 04, 2018, 05:49:25 PM
 #12

What benefits of your token?
puregoldICO
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January 04, 2018, 06:09:18 PM
 #13

How much money do you plan to collect during pre-ico?

We are planning to raise $20 millions.
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January 04, 2018, 06:23:28 PM
 #14

What currency do you accept?
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January 04, 2018, 06:33:22 PM
 #15

I see that minimum investment is 3 ETH. I think it's a little big amount, can you decrease the minimum amount to invest?


Yes, the minimum amount will be decreased. During the ICO it will be 0.1 ETH. The 3 ETH amount is the minimum amount of investment during pre-ICO.
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January 04, 2018, 06:41:10 PM
 #16

What is the general idea of your project?

PureGold is the First Payment Gateway using Gold-Backed Cryptocurrency, that makes it very reliable and secure.
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January 04, 2018, 06:44:34 PM
 #17

What is the experience of the team?
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January 04, 2018, 06:50:11 PM
Last edit: January 04, 2018, 11:12:09 PM by puregoldICO
 #18

What are the benefits of your project?

Hi, so these are our advantages:
- Unique concept. We are the First payment gateway using gold-backed cryptocurrency.
- Existing business. 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.
- Puregold issues 2 tokens, called PGT for transactions; and PGG which is a cryptoasset backed by physical gold.
- With its extensive credentials and expertise in the gold business, the proceeds from the ICO will enable Puregold.sg to expedite its roadmap to achieve the vision of worldwide adoption of gold as the de facto international currency in all commerce transactions.
- 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.
- Hence, it has attracted likeminded business associates and experienced professionals with strong reputation to form the Puregold team to launch this ICO of PG tokens.
- Puregold is already registered (in Seychelles).
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January 04, 2018, 07:02:51 PM
 #19

What blockchain do you use?

Puregold is using Ethereum platform as it is currently the most widely accepted platform which offers all the benefits of a blockchain (full traceability, nonrepudiability etc.) and multiple source language implementations that encourage integration. Ethereum will handle only the parts needing consensus, transparency and accountability. Other services will continue to be provided using existing technology.
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January 04, 2018, 07:19:57 PM
Last edit: January 04, 2018, 11:00:23 PM by puregoldICO
 #20

Do you have competitors?

Yes we do, but despite our competitors our benefits are next:
- Unique concept. We are the First payment gateway using gold-backed cryptocurrency.
- Existing business. 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.
- Puregold issues 2 tokens, called PGT for transactions; and PGG which is a cryptoasset backed by physical gold.
- With its extensive credentials and expertise in the gold business, the proceeds from the ICO will enable Puregold.sg to expedite its roadmap to achieve the vision of worldwide adoption of gold as the de facto international currency in all commerce transactions.
- 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.
- Hence, it has attracted likeminded business associates and experienced professionals with strong reputation to form the Puregold team to launch this ICO of PG tokens.
- Puregold is already registered (in Seychelles).
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