Published: May 23, 2018

Golden Currency (PGCT)

Website

Bounty

Status

ICO

Golden Currency is a project of the cash money on blockchain, private currency, and infrastructure for its use with utilization of blockchain.

Whitepaper

Onepager

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Interest lvl

Updated: Oct 05, 2019

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User Rating

Medium

2.8/5 • 4 votes

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Ticker

PGCT

FoundedEstonia

Office addressEuropean Union, Estonia, Tallinn, Punane tn 56, 13619

What is Golden Currency

Golden Currency is a project of the first fully functional private currency, convenient and efficient infrastructure with utilization of modern technologies, including blockchain.

In other words, we are talking about creating a legal and independent private analogue of the Central Banks, which uses the accumulated experience and modern technologies to ensure reliable and convenient currency.

Here are just some of the advantages that a new currency will provide:

presence in cash (paper, anonymous) and non-cash form

independence from the government, political or economic situation in any country, but at the same time the complete legality of its functioning

100% backed by gold, the storage and management of which is carried out independently of the issuer; the owners of Golden have a guaranteed opportunity to get gold in exchange for Golden

use of modern blockchain technologies for currency infrastructure (starting from ensuring the independent and reliable storage of gold, and ending with the implementation of payments and currency conversion)

convenient, fast and cheap conversion into any world fiat currencies and crypto-currencies (a link between fiat and crypto-currencies)

familiar modern money infrastructure - ATMs, bank cards, POSterminals, online banking, mobile applications, etc.

The entire infrastructure of Golden will provide its user with such conditions that it will not matter in which currency to keep his funds in terms of functionality. And if so, taking into account the advantages of the Golden currency, it will be favourably for the user to keep money in Golden, which is not subject to national risks and inflation.

The increase of the currency use, and therefore, the maximization of its turnover and the monetization of the project, will take place on the basis of ensuring and developing its competitive advantages.

Golden Currency Roadmap

Q3, 2017

GOLDEN CURRENCY CONCEPT.

Q4, 2017

PROJECT START. Primary legal, technical and other analysis. White Paper first draft.

Q1, 2018

PUBLIC ANNOUNCEMENT. Public discussion and finalization of the project. Website. White Paper. Seed round. The project team development.

Q2-Q3, 2018

PRE-ICO. LEGAL ISSUES. Establishment of the final legal scheme, taken into consideration the possibility of tokens legalization as securities and ICO. Identification of the key project partners and terms of cooperation. Currency design.

Q3, 2018

ICO. Tokens in 3 months are traded on cryptoexchanges.

Q4, 2018

THE BANK OPENING. The first branch of Golden Bank is opened.

Q1, 2019

FIRST EMISSION. The first emission of the first global private currency Golden.

Q1-Q4, 2019

INFRASTRUCTURE. The launch of the banking network, currency exchange, and their integration. Development of infrastructure (ATMs, multi-currency bank cards, etc.).

2020

EXPANSION. Additional emissions. Global presence (banking network). Golden becomes a global currency and a number of countries recognize Golden as a reserve currency.

Token Sale Dates

Presale Period

Start date: Mar 01, 2018

End date: Apr 25, 2018

ICO

Start date: Dec 01, 2019

End date: Dec 31, 2019

Token Allocation

Presale Token Supply 7,600,000 PGCT

Funding Details

Soft Cap 40,000 USD

Restrictions

Residents of the following countries are prohibited from participating
Canada, United States

Token distribution

Pre-ICO
The amount of collected funds up to 1.5 million USD
20 % - Legal issues
50 % - Marketing, crowdfunding PR
30 % - Operating expences
The amount of collected funds from 1.5 million up to 5 million USD
20 % - Legal issues
60 % - Marketing, crowdfunding PR
20 % - Operating expences (including the start of gold management system and Golden Exchange development)
ICO
The amount of collected funds from 10 million to 100 million USD
30% - Establishment of Golden Bank network (including M&A)
35 % - Initial Golden currency issuance, gold purchase
15%- Technological development (including Golden Exchange), operational expences
7% - Marketing
3% - Advisors and staff reward
10% - Founders reward
The amount of collected funds from 100 million to 200 million USD
30% - Establishment of Golden Bank network (including M&A)
42% - Initial Golden currency issuance, gold purchase
10%- Technological development (including Golden Exchange), operational expences
5% - Marketing
3% - Advisors and staff reward
10% - Founders reward
The amount of collected funds from 200 million to 250 million USD
30% - Establishment of Golden Bank network (including M&A)
42% + all the rest sum - Initial Golden currency issuance, gold purchase
USD 20M - Technological development (including Golden Exchange), operational expences
USD 10M - Marketing
USD 6M - Advisors and staff reward
10% - Founders reward

Token Price and Payment Options

Token price USD 1 PGCT = 1 USD

Accepted Currencies ETH, BTC, LTC, DASH, Fiat

Project team

Igor Chekun

CEO, Founder

Lev Voronov

Founder

Paul Glover

Advisor, Ithaca Hours Founder

Willow Liu

Country Manager China

Quentin Herbrecht

Country Manager France

Joylin Telagen

Country Manager Philippines

Dean Harry

Country Manager Australia

Kamal Mustafa

Country Manager India

Hendra Kholis

Country Manager Indonesia

Sayed Ahmed

Country Manager Arab Countries

Nguyen Vo

Country Manager Vietnam

Ali Inanir

Country Manager Turkey

Juarez Weiss

Country Manager Portugal

Advisors

Naviin Kapoor

Advisor

Andrei Lipkin

Advisor, Golden Design and Issuance