[ANN] [ICO] GRAMGOLD (GGT) TOKEN - TOKEN SALE BEGINS 18/02 2018

[benign01]

wanted to pouchavstvovat, but read that NO gold is allocated to Bounty Tokens  

Thats correct. Gold is only available when the token is bought directly from us ie at the ICO or afterwards BUT we think our bounty scheme is pretty generous  so go for it !

[Moleymike]

I feel this is a fantastic project the first crypto token based on the gold inspiring a very promising project,
I support you
All the best.

[benign01]

Announcing the Gramgold (GGT) Token

We are small but successful players in the huge $50 billon per annum non-industrial gold and precious metals recycling industry.
We have an ambitious yet practical and achievable plan to  revolutionize the gold recycling industry using our custom token the GramGold, built upon blockchain technology, specifically the Ethereum platform.

In the course of one year, we estimate over $23 billion dollars globally is literally stolen/misappropriated from the average man in the street. People like you and people you know. Consider that 90% of the worlds recycled gold doesn't come from industrial recovery. Industrial recycling amounts to only around 10% perhaps slightly more.

Many consumers have always got a bad deal when selling and buying gold and silver. They have always bought it for too much especially bullion and sold it far too cheaply, in the main due to lack of market knowledge and also the presence of greedy and unscrupulous middlemen.  It’s an unregulated unpoliced market and whilst centralization is certainly not the answer to the issue and impossible to achieve anyway, the problem remains i.e. $23 billion lost to the consumer each year.
Its staggering to consider the scale and scope of this issue and that many people don't know it exists. We have spent the past five years buying $millions of dollars’ worth of gold and silver proudly telling all our customers that we are paying 93-95% of the commodity market price (i.e. the spot price) not because we are charitable but because we believe that if we pay more, we get more customers and yet every second of every day somewhere in the world, a ring or a bracelet etc.  that we would have paid to our customer $940 to buy in is being sold by an innocent member of the public, quite happily for $500 That represents a loss of $440, totally unacceptable. That seller has just been mugged!  The seller might have been in dire straits selling cherished family assets to pay bills etc., but who cares? The question is would you be happy if this happened to you?

Of course, there are many reasons why no gold recycler can pay 100% of the market price to a customer i.e. recycling fees, infrastructure costs marketing costs etc. but let’s make it clear that the above bracelet will be sold at some point to the end processor i.e. the refiner for $995!
At the same time, we also noticed that people also wanted to buy gold and many millions of them were paying way over the odds for bullion i.e. gold silver and platinum bars and coins that have no other value than the value of the metal. For example, we noticed that gold bars we would sell at $1000 were changing hands on eBay at over $3000 and were selling like hot cakes because the public wanted to invest in gold and we are talking 2017 here. Their bar would have to rise to prices over 300% to avoid a loss and so allow them to get their money back out. The Mints are no better offering bullion coins at three times bullion price and when their true value is only in their precious metal content.  Another rip-off.

if we could just buy gold from everyone in the world at 93-95% we'd be a huge global corporation to the same size as Microsoft etc. with a turnover of $50 billion plus bullion sold and an annual profit of some $2.5 billion AND every gold buyer and seller in the world would be happy at the thought of getting 95% of the market price for their gold. But this win-win isn't easy to achieve, and the reality is far different as you will see when you read this whitepaper. Many people don't even realize that there is a market price for gold and that there are companies like us (not just us!) who would pay a proper price. But ignorance is not bliss! it’s a loss!

As we considered this almost insolvable issue we realized that the latest blockchain technology could give us the resources to solve this problem on a global scale. We could in simple terms create our own custom asset via a decentralized blockchain. GramGold token (GGT) is a custom token developed on the Ethereum blockchain as an ERC-20 Token) and with that asset we could develop three key answers to the issues raised; three exciting projects to ensure that the Public all around the world get the true price for their precious metals, selling or buying.
Reading this a potential investor might ask themselves "Why should I care whether the public get the right price for their gold? The answer is simple, you ARE the public, we are all the public. Can you afford to lose close to 500 dollars in every $1000? Can your local economy afford this type of loss many times over?
 $23 billion dollars a year (plus unquantifiable bullion losses in fact) is being taken out of the hands of the many (that need it) and put in the pockets of the few. $23 billion dollars disappears annually from local economies / communities that you live in; local economies that rely on consumer expenditure for their infrastructure to survive meaning less disposable cash that could have been spent on local businesses etc.
This project is going to revolutionize the gold and precious metals recycling industry. It’s going to ensure the next time you buy or sell gold you do it at the right price, i.e. it’s going to protect and increase your assets. It’s going to help to protect your local economy/community but most importantly of all Its going to make us all £23 billion dollars per annum wealthier.

We believe that this is a wonderful investment opportunity led by a team experienced in business generally, and specifically in precious metals recycling and blockchain technology. We have three exciting initiatives   that will change the face of gold recycling forever and most importantly we have a token that with investor support will be recognized the world over as representing fairness and transparency in all aspects of gold, silver and platinum buying and selling.

Consider that, if nothing else ownership of our token implies more than just an understanding of the $23 billion problem. It will provide the solution.
What may surprise any potential investor is that when they
purchase the GramGold token (GGT) we take 10% of the investment in us and buy gold at the right market price on behalf
of the investor. This gold is stored by us but wholly owned by the investor, making our token an even more attractive
proposition. What’s more as this project progresses we aim to increase this percentage. Finally and probably most importantly, through our AuGram scheme, we aim  to create  a blockchain backed precious metals exchange to eliminate fraud leveraging and ultimately market manipulation.

TOKEN SALE

TOKEN SALE BEGINS 18/02/2018

TOKEN SALE ENDS 01/04/2018

We have set our token sale at a level to reflect these aims.

Total token supply: 1,000,000,000 GramGold Tokens

50% of the tokens will be distributed to ICO participants
10% of the tokens will be allocated for the Team,
35% Reserve Fund
5% Bounty

Token Price

The price for the GramGold token will be logically set at 1% of the live price of pure gold as at 01/02/2018 0700 hours GMT ($43.12) This equals $0.4312. This equates to 0.000375 eth (at coinmarketcap’s price at the same date and time) 

10% Pure Gold Free to All Direct Purchaser of the GGT

Whenever the GramGold token (GGT) is bought or invested in, via direct purchase from GramGold (as opposed to trading it in pairs on a platform) the buyer receives 10% percent to the
value of their purchase in the form of gold, free of charge via our AuGram scheme to be stored in an online vault and accounted for, via independent auditors.
Three events take place.
Firstly Any direct purchaser will receive the GramGold (GGT) token sent from us to their wallet. Secondly upon receipt of an email from the purchaser confirming all relevant transaction details we will, within 48 hours of the email, purchase and store for them pure 24 carat certified gold at the rate of 10% of their total token spend for the relevant transaction, converted into dollar equivalent. Gold will be purchased at the relevant LBMA rate for that day. The purchaser pays nothing for the gold which is stored by GramGold in an online vault on behalf of the customer. Thirdly GramGold will deposit the equivalent dollar or sterling value of the gold into a dedicated Bitcoin/Ethereum wallet to ensure that any mass withdrawals of gold are covered.
Example Investor A buys 1000 GGT Tokens with Ether
The transaction costs the buyer 0.1 Ether.
On the day and time the transaction is recorded on the blockchain 0.1 ether was valued at $110. The purchaser sends us an email confirming all relevant transaction details
GramGold buys $11 worth of 24 carat gold at the LBMA price for the day (AM or PM) and stores it for Investor A AND at the same time sends $11 to the GramGold dedicated
Bitcoin/Ethereum wallet to cover the withdrawal if ever requested.
ONLY GOLD CAN BE WITHDRAWN.

Token Cap

Current ICO trends have been to declare both soft and hard caps. We have considered both carefully but have decided that this token sale is to be uncapped for the following reasons;

Soft Cap.

As we are buying and storing gold on behalf of investors at the token sale stage and as we will be undertaking all developments as outlined in this white paper anyway a soft cap is simply redundant in this case. How far we get with our projects will be up to investors.

Hard Cap.

We have no hard cap. Here is why:-
Re. GramGold ATM and the GramGold Foundation The global market for high-value gold recycling is worth $50 billion and our target is to reduce the $23 billion lost to consumers. If we set that as a hard cap it would be laughable. That is why we are not setting a hard cap.
The token sale will begin on the 18/02/2018
Our deadline for the Token Sale to end will be 31/03/18.
Token Limits = maximum 20,000 per investor to ensure that we have global coverage to raise our profile to the consumer wherever they may be. 

BOUNTY

We are launching The GramGold ICO on Feb 18th 2018 and we need to get our message out there . We are offering  promotional bounties as per our website https://gramgold.net 
We are looking for high quality bloggers and crypto-enthusiasts to get involved.  Read the whitepaper  on the website to understand this project.
We do not want "to da moon" or over-inflated hype, nor do we want untrue statements nor promises of doubling  investments etc. Instead we want intelligent straight articles , the sort of article that befits a member of linkedin .  This is a serious project from an established UK business and we want pootential investors to understand our project, not be enticed to invest with unreal promises, so no hype! 
 All you have to do to claim your reward is to email us at  birminghamgoldcompany@gmail.com & POST ON HERE with links to the articles you have posted. Campaigns can be defined as being more than a comment or one post

Facebook Campaign - 500 GGT
Twitter Campaign - 500 GGT
Medium Articles - 500 GGT
BitcoinTalk Reviews - 500 GGT
Personal Blog Reviews (Must have own domain) - 500 GGT
Translation into any other language & campaign on any of the above  1000 GGT

Please note that NO gold is allocated to Bounty Tokens.
END DATE 17/02/2018

Trading

The GramGold token will be available to be traded in several major cryptocurrencies when the token sale has completed on the 31/03/2018.

We will be looking to launch our GramGold token on some or all the following exchanges;

Etherdelta
Binance
Bittrex
Cryptopia


BGC Tokens

As a test marketing and logistics exercise we launched back in November an experimental token on the waves platform i.e. the BGC token. This has been successful and given us a strong promotional platform.
Once the token sale has been completed holders of this token will be offered an exchange of their existing BGC Tokens to GramGold Token as follows;
As at 06/02/2017 1 bgc = 0.000011 waves. (90,900 BGC = 1 waves)
1 waves = =0.00618 ethereum 
1 eth= 14,708000 BGC
At the GramGold ethereum price i.e. .000375 ether 
5,500 BGC = 1 GramGold
To date 3million BGC tokens have been issued and the largest holder has c5000 tokens.
The BGC Token will be used to incentivize a marketing and promotional programme. 

We hope that you will support our ICO

Website https://gramgold.net/
telegram Group https://t.me/gram_gold
twitter https://twitter.com/birminghamgold
https://bitcointalk.org/index.php?topic=2908503
Slack https://gramgoldtoken.slack.com/
https://www.facebook.com/gramgoldtoken/

[benign01]

Why invest in the #GoldGram #ICO 2 reasons

1/ Our Gold-backed token & decentralized exchange will give everyone a better deal when buying and selling gold & stop the current dealers/markets rip-off that has been happening for years ie global consumers getting far too little for their precious metals and yet when they buy it,  paying far too much, for bullion etc. 

2/ Unlike most #shitcoins out there we are a precious-metals processor with a multi-million dollar turnover already. We are not a start up, we aren't going to disappear and we know exactly what we are doing. less glossy spin, but a lot more substance.

[benign01]

One thing that drives me most is that this GramGold token would not only be a tradeable asset but it would be used to enhance the purchase and sales of gold around the world, whao!. This is a great project with great prospect!

We think so especially as we are already an established VAT registered gold recycler and bullion dealer based in the UK. of course you cannot have a crypto 100% backed by gold . What would happen in regards to storage costs, postage costs custom duties etc etc BUt you can have an asset partly backed by gold and that is what our is.

Not just that, we are going to eliminate Comex style markets manipulation with the establishment of our own decentralized trading platform for precious metals including gold silver and platinum AND we are currently in the process of patenting our own scrap gold recycling ATM which will ensure users get 94% of market spot price rather than the usual rip-off prices
Watch This Space

[benign01]

This is very ambitious project.
Small player in gold industry against the whole worlds.
What make this project special dev?
From what i know this is the first crypto token based on the real gold projects,whats the benefit for me if i contributed in this project?

Interesting question. What makes this project special is not just the fact that we have years of industry experience behind us,  its more to do with the demand. All over the world consumers know that when they sell or buy gold they are going to be in for a hard time and be unable to realize anywhere near the true value of their assets (or pay to much for them in the first place)

Our three solutions to this issue ie with our Goldgram ATM, the Augram scheme and the GoldGram Foundation, all funded via our ERC-20 token (GGT),  address each aspect of the problem ie the lack of a local facility to sell gold at the right price, the lack of a facility to buy gold locally at the right price, and  generally the lack of consumer knowledge in the buying and selling gold and precious metals.

We are the first in the marketplace to offer this project. We already have a committed team, not of fancy over-qualified semi-decentrailzed advisers paid to look good on a whitepaper, but rather a focused, globally located  team that really believe in what we are doing .

Investors of our erc-20 token will receive 10% of their investment in the form of gold stored by us in secure vaults, fully insured and audited, enabling us to create a bridge between the decentralized world and the world where gold is still the stable hedge of choice.

So why us ? Tangible solutions to the issues, including an exciting roadmap , a committed team, a token which can only appreciate in value over time (no to da moons here, we envisage a slow but steady start )    what more can we say ??
 

Sound interesting and promising project you have dev,especially with bonus 10% in gold form,do they have acces to see they gold that stored by yours company?

About that ATM projects,is that ATM will located in secure place?we know ordinary ATM machine getting rob sometimes.How to filled that ATM?who filled that ATM?
From your road map your about to planning put ATM gold at overseas,do you planning for opening other branch too?

Yes we are giving 10% gold free every time an investor buys GGT direct from us . This will be actual physical gold, stored in a secure insured Swiss and/or or UK vault and will be audited by chartered accountants. Full details are
The AuGram scheme will initially enable consumers globally to buy, sell and store gold using a basket of cryptocurrency.
It will facilitate the ownership of gold to our purchasers at correct, not over-inflated market prices. Ultimately it will, via a smart contract, develop into a trading platform specifically for gold and precious metals. Purchasers of the GGT token may use that token or any other form of cryptocurrency or standard currency via bank transfer, cheque, credit card etc. to buy gold and precious metals at our decentralized trading exchange platform which will be known as known as Audex. This is currently in development
By setting up our own decentralised precious metals market exchange platform we would re-move the risk of market manipulation from purchasers/consumers. We will eliminate fraud lever-aging and market manipulation by having a decentralised exchange being fed and aggregating live global market prices.

Ownership of the Gold

All gold within the AuGram scheme is managed by GramGold and owned by the token purchaser. All gold is allocated gold and secured via the equivalent cash held in the dedicated GramGold bank account

Selling of Gold

Gold is sold at the LBMA price closest to the time of order on behalf of the GramGold holder less 5% commission

Physical Gold Withdrawal

Whilst Gold is actual physical gold held by us in a secure vault and audited via independent Chartered Accountants and the purchaser may sell it at any time for a wide range of available cryptocurrencies it will not be currently possible for purchasers to withdraw their gold in physical form due to exorbitant shipping costs with the added issue of security/theft etc.



Bullion

The bullion is held in a form generally accepted in settlements of physical bullion markets around the world. All gold bars follow the definition of the UK Customs and excise 701/21 notice by being no less than 99.95% pure gold, of weight and by a manufacturer globally accepted by global bullion markets.

Bullion content

We guarantee that all gold held is part of a 99.95% minimum assayed bullion bar. Gold secured & the dedicated bank account will be counted and audited for purity by an independent registered auditing company.

Statements

Just like a standard bank account, statements are issued regularly for your offline records or tax purposes.

100% Insured

Every gram of gold in the vaulting facility is professionally insured against physical loss for full
replacement value.

It is our aim to develop the AuGram scheme into a fully developed, wholly owned custom-built secure precious metals vault with “above 100 % reserve in both gold and cryptocurrency”. This will be linked to the Audex decentralized gold/cryptocurrency exchange. Its current modus operandi is an excellent test bed for this.

By setting up our own decentralised precious metals market exchange platform we would re-move the risk of market manipulation from purchasers/consumers. We will eliminate fraud lever-aging and market manipulation by having a decentralised exchange being fed and aggregating live global market prices.
  

Clearly to operate such an exchange with the necessary in-house expanded fully secured state-of-the-art storage facilities, full compliance, stock, liquidity etc. would involve heavy capital investment in all areas of the infrastructure with special regard to above 100% reserve i.e. in the form of both bullion and bitcoin. This is the ultimate target of the AuGram Cryptocurrency Gold Exchange.

[/quote]
About that ATM projects,is that ATM will located in secure place?we know ordinary ATM machine getting rob sometimes.How to filled that ATM?who filled that ATM?
From your road map your about to planning put ATM gold at overseas,do you planning for opening other branch too?
[/quote]

As regards the ATM we aim over the next few years to have one sited in every major shopping centre in the world. It will be secure, armor plated and CCTV'd Shopping Centre security will patrol the ATM and we will train ATM maintenance engineers to check maintain and empty the ATMS accompanied at the emptying stage by professional security personnel. The ATM will be as safe as any bank ATM

here is more info  for you
The GramGold ATM is designed to stop the asset loss today's consumers face when buying and selling gold. Our ATM is being designed to accept scrap gold, weigh it, calculate its value and either pay out 94% of the market spot price to any consumer via bank transfer, or in cryptocur-rency. Most importantly any consumer in the world will be able to use the GramGold ATM to pur-chase at the right market price both gold bullion bars and coins electronically, which will be stored via our Augram scheme at our secure vaults.
In the near future an ATM for all precious metals including silver and platinum will also be launched. This is currently being researched.

Instead of a consumer selling their gold to a middleman who then sells to another middleman and so on, the consumer simply sells their gold via our innovative and ground-breaking GramGold ATM utilizing state-of the-art xrf spectrometer technology coupled with specialized custom-built spectroscopy. This will cut down the high value gold supply chain enabling the consumer to realize the best market price for their jewellery etc. Currently the GramGold ATM will only handle gold transactions, but a complete precious metals ATM is in the design phase.


* Pat. Pending


Rather than the consumer trying to negotiate a selling price against experienced gold-dealers, failing and often settling for far less than spot market value The GramGold ATM will be set to pay a fixed percentage of the spot i.e. market price for gold. The rate will be set at a minimum 94% of spot price up to 45% higher than some consumers currently receive. No more rip-off!



The GramGold ATM solves both issues at one stroke. Located in the most secure areas of busy indoor shopping malls, with heavy footfall and security, the GramGold ATM includes in-built CCTV, tamper alarm and 24hr 4G monitoring. The GramGold ATM is safe secure and cashless.

Receiving more for their gold items will allow consumers more disposable income and therefore more spending power in their local communities, benefiting the local economy  

If a GramGold ATM is set to pay to the consumer 94% of the market price where the average paid by a middleman could be even lower than 50% (wide variance from country to country AND if the turnover of the ATM is approx $1,456,000 per annum we can estimate that one ATM puts at least $700,000 back into the global consumers pocket.
If we sited 300 machines that would equal $210,000,000 back to the consumer
If we sited 3000 machines that would equate to $2,100,000,000 back to the consumer
 An exciting development of the Gramgold ATM will be the ability to buy gold and silver via our ATM terminal using either cryptocurrency, bank card our token or by exchanging your scrap gold for safely secured bullion at very little charge. You can imagine a further saving to the global consumer of around, lets estimate, £3 billion for the purposes of this whitepaper.
Total Benefit to the Consumer in financial terms
   $5,000,000 per annum+ ?

-   A Shorter Fairer Safer Multi-Beneficial Supply Chain!

 
Other benefits include…

•   Cashless transaction
•   Ability To sell Gold for any cryptocurrency including Bitcoin Ethereum GramGold
•   Ability to sell Gold via bank/credit card transfer  
•   Ability in the Future to also buy gold via ATM

The GramGold ATM*
The architecture:

Safe Cabinets dimensions are 1.8 meters high, 0.75 meters deep and 1.2 meters wide.

Build Cost Phase 1 ATM - Gold only **

1 x Custom Spectrometer XRF Analyser    $30,000
1 x Custom Laser Spectroscope   $75000
Custom Inline Checkweigher Baling & packaging facility     $10,000
Custom Internal Manipulator    $5000
Built-in PC, touch screen, Linux o/s   $2000
Armored box   $10,000
CCTV/Security & Face recognition    $3000
ID Scanner & QR scanner    $3000
Hi-Tec Alarm System with 4G Monitoring   $1000
Chip & Pin Reader for ATM   $500
Receipt printer & Issuer   $500
Custom Receiving Receptacle/ATM style Hatch   $1000
Build, Adjustment and commissioning   $5000
Total    $146,000

*Pat. Pending
** Phase 2 ATM for all precious metals currently in design stage


The GramGold ATM Profit Centre Calculation

Estimated Gold Purchase per unit per annum based on (1KG per week at avg. purity 70% = 350g pure gold equiv x $40 x 52 weeks) Customer receives 94%* spot   $1,456,000
GramGold profit based on 3 % (i.e. 6% less 2% for refining costs & 1% for maintenance)   $43680

*This percentage will increase with further technological development

   
We have as a broad target in the first year of operation to install 30 units giving a target profit of c. $1.3million. In communities where no ATM is feasible the profit level will be approximately the same. I.e. increased cost due to overhead but likelihood of greater through-flow.

The Future
GramGold ATM’s Around the Globe
 

The launch of the first GramGold ATM will be in the Birmingham Jewellery Quarter, our local community, followed by as second ATM in Birmingham’s busy Bullring shopping centre. We are planning a rapid expansion after this initial launch with ATMs to be sited in all major shopping centres in the UK & the EU followed by Africa and Asia.
 

Westfield Stratford City, Stratford London.
 Metrocentre, Gateshead Newcastle upon Tyne.
 The Trafford Centre, Manchester.
 theCentre Milton Keynes, Milton Keynes.
 Bluewater, Dartford.
 Westfield London
 Princess & Charles Square, Bracknell.
 Meadowhall Shopping Centre, Sheffield.
 Cabot Circus, Bristol. Owner:
 Victoria Gate / Eastgate Quarters, Leeds.
 Lakeside Shopping Centre, West Thurrock.
 Manchester Arndale, Manchester. Owner:
 Liverpool One, Liverpool. Owner:
 St David’s Centre, Cardiff..
 Leeds Dock / New Dock / Clarence Dock.
 East Kilbride Shopping Centre, East Kilbride.
 Intu Derby
 Highcross, Leicester.
 Kingfisher Shopping Centre, Redditch.
 Intu Merry Hill, Dudley.
 Eldon Square Shopping Centre,
 The Centre, Livingston.
 Festival Place, Basingstoke
 Telford Shopping Centre, Telford
 Victoria Centre, Nottingham.
 Silverburn Centre, Glasgow.
 The Moor Shopping Centre, Sheffield.
 Brent Cross Shopping Centre, Brent Cross.
 Dundrum Town Centre, Dundrum.
 Eden, High Wycombe.  
 West Quay, Southampton.
 Braehead Shopping Centre, Glasgow.
 Centrale Shopping Centre, Croydon.
 The Merrion Centre, Leeds.       
Victoria Square, Belfast.
The Liberty Centre, Romford.
The Mall at Cribbs Causeway, Bristol.
The Oracle, Reading. Owner
Clyde Shopping Centre, Clydebank.
The Mall Luton, Luton.
Eastgate Shopping Centre, Basildon.
Bon Accord & St Nicholas Centres,A berdeen.
Intu Watford / The Harlequin, Watford.
Cwmbran Shopping, Cwmbran.
Union Square, Aberdeen.
White Rose Shopping Centre, Leeds.
Golden Square Shopping Centre, Warrington.
Broadway Shopping Centre / Bexleyheath.
New South China Mall Dongguan, China   
Golden Resources Mall Beijing, China           
SM City North EDSA Quezon City, Philippines
SM Megamall   Mandaluyong, Philippines        
SM Seaside City Cebu Cebu City, Philippines        
Isfahan City Centre   Isfahan, Iran   
 Utama   Damansara, Malaysia   
Persian Gulf Complex Shiraz, Iran     
Central World  Bangkok, Thailand   ,        
Istanbul Cevahir MallIstanbul, Turkey   
SM Mall of AsiaPasay City, Philippines   
New Century Global Center Chengdu, China,        
Dream MallKaohsiung, Taiwan                      iam Paragon Bangkok, Thailand   
Sunway Pyramid Subang Jaya, Malaysia Festival Alabang Muntinlupa, Philippines,        
Lotte World Mall  Seoul, South Korea        ,        
Albrook Mall Panama City, Panama                 
      ,         ,        
Mal Taman Anggrek Jakarta, Indonesia           
The Avenues Mall    Kuwait City, Kuwait                     
Fashion Island    Bangkok, Thailand,                  
West Edmonton Mall Edmonton, Canada        
The Dubai Mall    Dubai, UAE         
Cehavir Mall    Istanbul   Turkey                 
Antares   Center    Kiev   Ukraine             
Istinye Park    Istinye   Turkey             
Isla Azul                    Madrid   Spain             
Rostov Don    Rostov   Russia              
Olympic Plaza    Kiev   Ukraine             
Nuevo Centro    Valencia   Spain             
BTC-City                   Ljubljana   Slovenia              
Mall of  Ukraine    Kiev   Ukraine             
Parquesur    Madrid   Spain                           
Vulcano Buono           Nola      Italy              
 Belle Epine              Thiais    France             

An exciting development of the GramGold ATM will be the ability to buy gold and silver via our ATM terminal using either cryptocurrency, bank card our token or by exchanging your scrap gold for safely secured bullion at very little charge. You can imagine a further saving to the global consumer of around, lets estimate, £3 billion for the purposes of this

[benign01]

BTW Please see our twiiter group 43000+ followers. Other groups are
Website https://gramgold.net/
Whitepaper https://www.gramgold.net/whitepaper
YOUTUBE https://youtu.be/-7IGXUU3TCw
telegram Group https://t.me/gram_gold

Twitter https://twitter.com/birminghamgold

Bitcointalk https://bitcointalk.org/index.php?topic=2908503

Slack https://gramgoldtoken.slack.com/

Facebook https://www.facebook.com/gramgoldtoken/

Steemit https://steemit.com/ico/@bgc/gramgold-ico-14-02-108

Reddit https://redd.it/7wf99d

LinkedIn  https://www.linkedin.com/in/lionel-refson-5608b552/
Youtube Intro Video https://youtu.be/-f6pHc4bKzg

Reddit Again https://www.reddit.com/r/ico/comments/7wzxvq/announcing_the_gramgold_ggt_token/
https://www.reddit.com/r/icocrypto/comments/7x0ms6/announcing_the_gramgold_ico_18022018/

https://gramgold.net/
https://www.birminghamgoldcompany.co.uk
Medium https://medium.com/@birminghamgold/announcing-the-gramgold-ggt-token-45357de8b45 
https://www.facebook.com/groups/338181963354159/

[bishopxv]

Yes I believe gram token GGT is here to give the most guaranteed transparency in global gold trade. Let's get GGT and decentralized gold markets.  I love the his project @GGT all the way.

[Omjhon]

What is the contract  GGT in erc20?do you have it or wait till ICO begin,then you going to published it?

[benign01]

What is the contract  GGT in erc20?do you have it or wait till ICO begin,then you going to published it?

The contract address is Gramgold Token (GGT) contract address  https://etherscan.io/token/0x92d1dedb17626cad8a32a36083aec4f19325e474
All published
Thanks

[benign01]

GramGold https://gramgold.net
Token Sale NOW ON
" Not just an ERC20 token backed by Gold and a
Global Gold Asset Trading Plaform
based on blockchain technology & cryptocurrency...
Its a Gold Exchange, a Gold Vault a Gold ATM and a Foundation.."..

Revolutionizing the Precious Metals Recycling Industry & Trading Exchanges.
"Consumers globally are selling their gold for far too little and buying it, if they can, at far too high a price, thanks to unfair & unscrupulous middlemen & dealers & and manipulated markets We are going to change all that with our decentralized exchange, private, secure vaults & our ATMs ".
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If you want the shorter less wordy version of Gramgold then....https://www.youtube.com/watch?v=kKyhC7KIFJY

[benign01]

Help us to understand your local market for gold visit https://t.co/5AR6jRq3Rj and see the results for yourself.

[benign01]

FAQs

These FAQs are published here  to help investors understand our project

Why is the GramGold token ie GGT not backed 100% by Gold?

Our token, GGT is 10% backed by goid initially. This percentage will rise over time as the GGT token becomes more established and we become established on the global scale. It is not possible to have a token 100% backed by Gold for many reasons, not least the cost of buying/storing/shipping gold. Any investor should be vary wary of any scheme claiming that their token is 100% backed by gold.

What you are proposing is a massive undertaking How can I be sure this will succeed ?

There are no guarantees of success anywhere in life With this project and any other any potential should examine the facts and weigh up the risks. Consider that firstly we are not a start-up ICO and have a proven track record in the business sector we operate in. The GramGold  project is a natural extension of our operations. We have clearly examined the global need and demand for  more honest, transparent and fairer gold markets whether for buying or selling, in local communities or on trading markets . The five  key elements of the GramGold project ie the GGT token itself,  the Augram scheme (buying /selliing storage of gold), the  Audex (decentralized trading exchange), the Gramgold ATMs for recycling gold scrap and the GramGold Foundation are all designed to meet these identified global needs;  ie the need to be able to buy gold at fair market prices without fear of being ripped off or  scammed in the many ways we have outlined AND the need to be able to sell gold, whether in the form of scrap jewellery right through to bars and coins at the best possible market rates.

What is The GramGold Token ?


GramGold token (GGT) is a custom token developed on the Etherium blockchain as an ERC-20 Token. Besides being a tradeable asset it is 10% backed by Gold & will be used to fund, the AuGram Scheme, the Audex, the GramGold ATM and the GramGold Foundation. The percrentage of gold backing will increase in the future to 50% and 95% depending on the success of the GGT

What is the Augram Scheme ?

Quite simply its a gold purchase sale and storage facility. The AuGram scheme will facilitate the ownership of gold to our investors at correct, not over-inflated market prices & will enable consumers globally to buy, sell & store gold using cryptocurrency. So if you use our ATMs (see below) to buy gold from, the gold will be sold by us at the right, fair market rate, and stored by us on your behalf in secure insured vaults. If you buy the GGT token, 10% Gold on top of your token purchase will be stored on your behalf, in our vaults, yours to keep or sell at any time . The long-term  objective of the Augram scheme is the construction of wholly-owned GramGold bullion vaults, in the UK

What is Audex?

Quite simply its a decentralized gold  trading platform, linked to the Augram scheme.  The Audex decentralized gold/cryptocurrency exchange.will be set up via smart contract  to allow GramGold token holders and eventually any cryptocurrency holder to buy sell and exchange tokens and cryptocurrency on a decentrailzed trading exchange that will “scrape and aggregate daily gold prices from the major gold markets around the world without the penalties of heavy trading fees  Gold & precious metals bought will be stored via the Augram scheme and can be sold from there also.

What is the the GramGold ATM ?

Simply put its an ATM that consumers can use to sell there physical gold at the best market prices. its worth remembering as have pointed out in the Whitepaper, that this market alone is worth $50billion annually .We are developing the GramGold ATM to ensure the customer receives the right price when buying & selling Gold. The only way to reduce the over-long & corrupt precious metal purchse & supply chains. Any customer will also be able to buy gold via the ATM, through the Augram schem and trade it on Audex.

What is the GramGold Foundation ?

The GramGold Foundation (The GGF) will not only promote all Gramgold schemes, including the Augram scheme, the Audex and the ATMs together with good buying/selling practices globally, ie to consumers and local economies alike, it will also provide training, & support to candidates selected to maintain the GramGold ATM. .
Why is there no Soft Cap in the ICO ?

As we are buying and storing gold on behalf of purchasers at the token sale stage and as we will be undertaking all developments as outlined in this white paper anyway a soft cap is simply redundant in this case. How far we get with our projects will be up to purchasers.

Your team looks small for such a large project . Why is this ?

Much like as any blockchain grows, or indeed any organization,  our team will grow in line with the growth of the project . Many ICOs recently have stuffed their team pages full of advisers and personnel at the very beginning of the ICO only for investors to find out later on that personnel they have believed in and indeed invested in,  have either never worked on the project or have left. We have taken the opposite approach. Our team are currently  working on all aspects of the GramGold project and we are in talks with additional staff currently to meet future needs .

This Gold market revolution is a massive undertaking Do you have Government Support for this ?

No, there is no Government support schemes for this typoe of initiative however through our GramGold Foundation we will be in talk with local Governments and community leaders around the Globe, promoting the cause of the GramGold project generally and our ATMs specifically  . This project will succeed with the support of our investors.

How does the additional 10% Gold initiative work?

Whenever a registered purchaser buys the GramGold token from us i.e. after registration, three events take place. Firstly, they will receive the FULL amount of GramGold (GGT) tokens sent from us to their wallet Secondly upon receipt of an email from the purchaser confirming all relevant transaction details we will, within 48 hours of the email, purchase and store for them pure 24 carat certified gold at the rate of 10% of their total token spend for the relevant transaction, converted into dollar equivalent. The rate of ETH/USD conversion and then USD/GOLD conversion will be calculated on the day the Gold is bought using the ETH/USD & the relevant LBMA rate AM or PM for that day. The purchaser pays nothing for the gold which is stored by GramGold in an online vault on behalf of the customer. Thirdly GramGold will deposit the equivalent dollar or sterling value of the gold into a dedicated Bitcoin/Ethereum wallet to ensure that any mass withdrawals of gold are covered.

[Grande2018]

This scam is a very clever operation. Don’t fall for it!! Everyone can make a pro-like whitepaper but that doesn’t mean it is a valid organisation.

Study the team members and you will find out, that some of them left a ponzi scheme and deceived lots of investors! Be warned!

[rendiuno]

This scam is a very clever operation. Don’t fall for it!! Everyone can make a pro-like whitepaper but that doesn’t mean it is a valid organisation.

Study the team members and you will find out, that some of them left a ponzi scheme and deceived lots of investors! Be warned!

Sorry in advance, why did you say the project is a con artist? What is the reason?I think they look good

[phuocduong]

Reserved

[benign01]

This scam is a very clever operation. Don’t fall for it!! Everyone can make a pro-like whitepaper but that doesn’t mean it is a valid organisation.

Study the team members and you will find out, that some of them left a ponzi scheme and deceived lots of investors! Be warned!

Sorry, but why would you say such a thing and spread needless FUD. We are part of the Birmingham Gold Company, an existing precious metals processor based in the UK with a turnover in the £millions. Every part of our project is realizable and valid and NONE of our team have ever been in any ponzi scheme.
We take the fact that we are asking for public funding extremely seriously and have never defaulted on any loan etc.
 
Perhaps we should investigate your background further with a view to litigation re libel, but then why would we bother as your opinion carries no weight. Oh I understand now...every one of your posts is screaming "scam" on all different ICOs on here. Please explain why you are behaving in this way? Presume because you have been scammed in the past . Lets leave your post up here anyway  and you can show us the proof that you have.

[benign01]

This scam is a very clever operation. Don’t fall for it!! Everyone can make a pro-like whitepaper but that doesn’t mean it is a valid organisation.

Study the team members and you will find out, that some of them left a ponzi scheme and deceived lots of investors! Be warned!

Sorry in advance, why did you say the project is a con artist? What is the reason?I think they look good

See my reply to our scammy little friend. Not sure what his game is!

[benign01]

Good evening. So, how was your first days of token sale? Are there successes? So, I bought some your tokens, I hope it was worth it I believe in this project, because idea is very powerful. Okay, good luck, all of you. GRAMGOLD the best!

Many thanks Kazakoff. as you will notice we are having a long slow ICO, with 60+days left. That is because we do not want a mad pumped fomo  rush, with investors wildly buying in.  Remember its a great responsibility handling public monies and an already existing business we want long-term considered investors and as such progress will be slow but very steady.

Thank you for your interest in this project and watch this space. We are already in talks with additional developers to begin the development of our  Gold/crypto trading platform. the Audex

[Sylanda]

Am actually so very happy to wake up to see this token making such impact, I wish us the best of luck and of course to soar high in the crypto spzce