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

[PM7 Technologies]

Could you tell me more about your plans for expansion for the project?

[puregoldICO]

With whom will you cooperate, or already cooperating?

Hi,
Puregold.sg was established in 2010 as an e-commerce store selling value-added gold and silver coins and bars. It is one of Singapore’s premier private mints with its own in-house factory.
Puregold.sg partnership with the Bullion Currencies (Pte Ltd) which is a subsidiary of Puregold.sg Pte Ltd, providing an online platform where customers are able to buy and sell gold, and also use the gold as a means of payment when purchasing goods and services. 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. However,Many businesses and merchants have indicated keen interest to come onboard the Gold Commerce Platform to offer their products and services and accept payment via PG Pay.
More information regarding cooperation will be announced on our official webpage and social media,stay tuned.

[ArifBestari]

Hello!
Why are you using Ethereum blockchain. Ethereum commisions getting higher lately. Why not use neo or waves instead?

[puregoldICO]

Could you tell me more about your plans for expansion for the project?

Hi,
The next region we are planning to expand to will be Indonesia and Thailand and we are not planning to stop. We are also planning to establish PG-Pay as the World's Leading Digital-Gold Payment Gateway in 2018. We are also launching IPO in 2019 to gain credibility and ultimate trust from the public.
Our aim is to promote international and global acceptance of PG-Pay as a fast transacting and efficient payment method for digital gold transactions.Hence, a large portion of our budget will go into marketing and geo-expansion of PG-Pay

[puregoldICO]

Hello!
Why are you using Ethereum blockchain. Ethereum commisions getting higher lately. Why not use neo or waves instead?

Hi there!
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. Puregold needs a transactional blockchain with a powerful system of smart contracts which have the ability to ensure that a transaction can combine with the results of previous transactions to provide auditable consistent results. To date, Ethereum is the only stable system that has achieved widespread adoption. The decades of experience of our senior development team tell us to avoid anything experimental to run a live system.

[dakszmey]

Hello! Are you planning any Roadshows participation to make your project more known?

[puregoldICO]

Hello! Are you planning any Roadshows participation to make your project more known?

Hi,
Yes,of course!
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 media listed below:
https://twitter.com/PuregoldICO
https://www.facebook.com/puregoldio/
https://t.me/joinchat/G6LYPxIjyzw5AOX7f1BVRw

[Dxlike]

Your atm's will work only with Puregold?

[moepaing]

You already have working atm or that was just a prototype?

[puregoldICO]

Your atm's will work only with Puregold?

Hi,
Puregold believes that the Gold currency era will require a much wider development community. For this reason, Puregold is providing an open platform that enables companies to build their own products using Puregold API.Many businesses and merchants have indicated keen interest to come onboard the Gold Commerce Platform to offer their products and services and accept payment via PG Pay

[puregoldICO]

You already have working atm or that was just a prototype?

Hi,
Puregold.sg, which is headquartered in Singapore, has launched a Gold Dispensing machine in Singapore.It also has offices and retail outlets in Vietnam, Malaysia and Indonesia and planning to expand world wide.

[DROP TABLE users;--]

Hello!
Do I need to have PGG tokens to get gold from ATM? On just fiat momey? What is the ATM commision?

[yahman]

You don't have the max cap?

[puregoldICO]

Hello!
Do I need to have PGG tokens to get gold from ATM? On just fiat momey? What is the ATM commision?

Hi,
Yes, you need PGG tokens.Puregold already has existing Gold DM machines to allow consumers to buy gold coins using fiat. These Gold DMs will be enhanced to be internet machines that allow PGG owners to withdraw their gold. They may offer bidirectional functionality; enabling both the purchase of PGG as well as the withdrawal of gold that is tagged to those particular PGG tokens.

PG Stored Value Cards – to be issued to consumers with PG account. The PG card is the physical multi-currency (fiat and cryptocurrencies) wallet which can be loaded with cryptocurrencies via the PG Payment Terminals or PG Gold Dispenser Machines (DM), which are connected to the Puregold platform. The PG card also facilitates payments via cryptocurrencies held in the card through NFC and contactless technology.

Payer does not need to pay a transaction fee when paying a merchant or business entity for products and services, and the exchange rate of gold vs currency, e.g. Gold/SGD, is at Spot Price.
From Payee’s point of view: Payee pays a transaction fee of 1%. This is akin to purchasing gold at 1% above Spot Price, which is extremely attractive.

This information may also depends on the agreement described by Puregold with time.

[puregoldICO]

You don't have the max cap?

Hi,
Our soft cap is $20 million and the hard cap $100 million

[Godhand212]

Hi admin!
How is this tokens interesting to investors after ICO stage ? How can we be sure that the price of token will keep going up?

[puregoldICO]

Hi admin!
How is this tokens interesting to investors after ICO stage ? How can we be sure that the price of token will keep going up?

Hi there!
Price of the coin depends on demand. After ICO our customers will be able to offset transaction fees at a discounted rate. As and where accepted by merchants, PGT can be used as an exchange for goods and services. From time to time, PGT may be opened to be exchanged for PGG

[gonzoe]

How is the gold been using in your project?

[puregoldICO]

How is the gold been using in your project?

Hello,
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.

[thedarkk]

Hi, what`s the relation between PGG and PGT coin?