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

[kutovayaolga]

What is the practical use of your token?

[puregoldICO]

What benefits of your token?

Basically 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.

• 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.
• 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.

[puregoldICO]

What currency do you accept?

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).

[StuFF981]

What is your marketing plan? How are you going to advertise your product?

[puregoldICO]

What is the experience of the team?

A majority of us are extremely well travelled Singapreans with an Asian and Global mindsets. From the East to the West, our team members bring to the table a diverse range of top-expertise, knowledge and experiences from Finance, Asset Management, Technological, Marketing and Communication.

[mahmutyes]

Hello there! Where can i see the funds allocation of your project? Can you show me the way?

[brahmaputra]

Hi there! Nice project you have, but what will happen to my contribution, if you do not collect the required amount?

[puregoldICO]

What is your marketing plan? How are you going to advertise your product?

Hi,
So with the launch of the PGPay Mobile Payment App in January 2018, we will be initiating a marketing campaign concurrently to reach out to the consumers and merchants at large. Publicity via online and print advertisements, coverage on financial media and channels, road show, events, attractive sign-up incentive for both consumers and merchants, will run intensively in tandem with the ICO. This will not only build up both the customer base and merchant acquisition for the PG Gold Commerce and Payment Gateway, it will also raise the profile of the ICO of PGT, and entice more people to contribute to the ICO.
You can also find us on social medias listed below:
https://twitter.com/PuregoldICO
https://www.facebook.com/puregoldio/
https://t.me/joinchat/G6LYPxIjyzw5AOX7f1BVRw

This is our marketing plan!

[puregoldICO]

Hello there! Where can i see the funds allocation of your project? Can you show me the way?

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

[and1975]

It is interesting to find out where you are going to back your Gateway from. Where are your office(s)?

[gonzoe]

Do you have any competitors? What are your advantages over them?

[dorada60]

Hello! Are there some advantages for PGT tokenholders other than token will hit exchanges?

[yokosan]

it's nice to have a lower limit to invest in the project. that way, it could attract big investors.

the target price is 20 million dollars. very successful price for a project.  good luck.

[martincic]

i took a look and did not notice, what is that gold backed crypto. Is it new? When Are you going to launch it?

[puregoldICO]

What is the practical use of your token?

Hi,
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.

[MoneroMooo]

gold is the most precious mine lately. the countries now attach importance to their reserves. it's necessary in technology. I think the infrastructure of this project will be better than others. good luck. 

[puregoldICO]

It is interesting to find out where you are going to back your Gateway from. Where are your office(s)?

Hi,
Our office is based in Singapore.

[aikklond]

gold is the most precious mine lately. the countries now attach importance to their reserves. it's necessary in technology. I think the infrastructure of this project will be better than others. good luck. 

I agree with you. you may be right. gold trading has been a serious death in recent times. the project and the team will do good work.

[puregoldICO]

Do you have any competitors? What are your advantages over them?

Yes we do, but we differ significantly from our competitors. So our advantages 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).

[router50]

Sorry, I`m confused, you say PGG is for operations with gold (backed by gold). Does PGG runs on blockchain? What`s the relation between PGG and PGT coin?