Karatcoin

About Karatcoin

Karatcoin We will leverage the Distributed Ledger for its durability, clarity and auditability by applying it to precious physical assets. It relies on network engagement from users by confirming transactions utilizing a general consensus mechanism. This “chain” of information is transparently stored chronologically on every computer. Mission Karatcoin’s Platform is directly linked to operational gold mines that will receive financing to help increase their gold production. The more Karatcoin’s financing increases, so will the aggregated gold production of our mines, which in turn will increase the value of circulating Karatcoin tokens. All the mines selected by Karatcoin's technical and legal team have been carefully analyzed for their production ability, operational background, structural credibility, as well as their financial rating, no intermediary involved in the process. Vision Our vision is to build a platform to trade gold certificates, exchange Karatcoin tokens, as well as saving or exchanging money using gold cards. Gold Asset Karatcoin allows open and public authentication of all asset documents stored in a decentralized database through our Proof of Asset (PoA), a protocol designed within our Blockchain by integrating IPFS. GOLD PRODUCTS Certificates Each Gold Asset Certificate represents 1,000 USD of value, with the durations of each certificate being from 1 to 5 years, and the annual rate of return being between 5% to 6%. Cards Gold cards are used to store your crypto-asset into the decentralized market. Tokens KCD (ERC-20 Standard DAO Token) will migrate to the KC Blockchain. KCX is the KC Blockchain Token. KCG (GOLD Token) represents 1 gram of 99.99% LBMA standard gold secured in Karatcoin’s Safehouse Vaults, which are safe from political influence, and which will both preserve and increase the value of KCGs over time.