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KaratGold Coin (KBC)

ICO

KaratGold Coin is a cryptocurrency designed to be used as a generally accepted form of electronic payment.

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Overview

Project industryFinance Services & Banking
Product typeEcosystem
WhitepaperKaratGold Coin White Paper Open

What is KaratGold Coin

The KaratGold Coin (KBC) is a Blockchain-based cryptocurrency linked to physically deposited gold in the form of the so-called CashGold, a true gold standard. A certain number of KBCs can be exchanged for the corresponding amount of CashGold at any time.

As a cryptocurrency, KBC offers advantages that Fiat money can´t afford, such as the option of anonymous transfers directly from user to user (peer to peer) without bank participation.

The KaratGold Ecosystem consists of KBC, KBC-Pay-System and the KaratGold Wallet. The KBC is currently based on the Ethereum Blockchain protocol.

The vision and mission of the KBC project is to transform the cryptocurrency into physical CashGold within the KaratPay system and its participants around the world, making it easily accepted by consumers, merchants and business people worldwide.

Details

Pre-sales: Feb 15, 2018 - Mar 21, 2018
Public sales: Mar 22, 2018 - Apr 21, 2018
Token supply: 7,200,000,000 KBC
Hard cap: 72,000,000 USD

Legal

Blockchain Platform: Ethereum
Country limitations: Canada, China, Singapore, United States
Registration country: Germany
Registration year: 2011

Token info

Ticker: KBC
Type: Utility-token
Token price in USD: 1 KBC = 1.32 USD
Accepted currencies: BTC, ETH, USD, EUR
Bonus program:
40% - Pre - ICO, 15th (00:00 CET) – 21st (23:59 CET) of February 2018
35% - Pre - ICO, 22nd (00:00 CET) – 28th (23:59 CET) of February 2018​​​​​​​
30% - Pre - ICO, 1st (00:00 CET) – 7th (23:59 CET) of March 2018
25% - Pre - ICO,  8th (00:00 CET) – 14th (23:59 CET) of March 2018
20% - ICO, 15th (00:00 CET) – 21st (23:59 CET) of March 2018
15% - ICO, 22nd (00:00 CET) – 28th (23:59 CET) of March 2018
10% - ICO, 29th (00:00 CET) of March – 4th (23:59 CET) of April 2018
5% - ICO, 5th (00:00 CET) – 15th (23:59 CET) of April 2018
​​​​​​​
Token distribution:
60% - of total KBCs are sold during pre-ICO and ICO
10% - of total KBCs will be rewarded to fans, club members and teams
10% - will be distributed to referrals
10% - can be assigned to media & fair partners
10% - are available to lawyers, consultants and competence partners
Funds allocation:
50% - marketing / acquisition of acceptance points
10% - IT development and implementation
10% - legal advice and commercial advice
5% - blockchain engineering and testing
5% - licensing and regulatory requirements
5% - salaries and wages
5% - research and development
5% - social media
5% - reservation

KaratGold Coin Roadmap

1
July 2018

Pre-ICO (4 July – 4 September).

Application for the licensing of KARAT COIN BANK.

Acquisition of a majority share of the KARATGOLD EXCHANGE Integration of the KARATCOINBANK COIN in the KARATGOLD eWallet.

2
August 2018

Integration of the KARATCOINBANK COIN in the KARATGOLD APP.

Finalization of a Memorandum of Understanding for the acquisition of a substantional share for the KBC FOUNDATION GOLDMINE “Fort Dauphin” in Madagascar.

3
September 2018

ICO (4 September 2018 – 4 September 2019).

Beginn of first negotiation with the financial market authorities with respect to the banking license for the KARATCOIN BANK.

4
December 2018

Beginn of the development of KARATCOINBANK ATMs.

Establishment of the KARATGOLD SECURITIY House and conclusion of a cooperation agreement with FORT KNOX.

5
March 2019

Begin of the development of the crypto currency banking software for the KARATCOIN BANK.

6
October 2019

Approval the KARATCOIN BANK as a fully licensed financial institution Listing of the KARATCOIN BANK COIN on the KARATGOLD EXCHANGE.

Investment in the KBC FOUNDATION GOLDMINE “Fort Dauphin” in Madagascar.

7
December 2019

Begin of the global roll out of the KARATCOIN BANK ATMs Creation the KARATCOIN BANK CREDITCARD Integration of the KARATGOLD PROFITCARD.

8
February 2020

Begin of the operation of the KARTCOINBANK SECURITY HOUSE in cooperation with the FORT KNOX.

9
May 2020

Begin of the expansion of the KARATCOIN BANK activities into other countries by the establishment of branches and subsidiaries.

10
August 2020

Full development of the KBC FOUNDATION GOLDMINE “Fort Dauphin” in Madagascar.

and employment of up to 700 employees.

Preparation and begin of the acquisition of further gold mines.

Project team

Harald Seiz
Harald Seiz
CEo
Joachim Frommer
Joachim Frommer
Project Management
Andreas Zipperle
Andreas Zipperle
Chief Operating Officer
Anna Krimshtein
Anna Krimshtein
Legal Department
Dirc Zahlmann
Dirc Zahlmann
Head of Interational Sales and Member of The Board Karatbars International

Advisors

Jeannette Franz
Jeannette Franz
Head of Support & Communications at Karatbars International Gmbh
Ronald Stephan
Ronald Stephan
Head of Support & Communications at Karatbars International Gmbh
Susanna Epli
Susanna Epli
Project Management Consultant Sales, Management Consultant
Ute Sailer
Ute Sailer
Senior Sales Coordinator Photovoltaic and Real Estate, InnPro Gmbh
Uwe Heller
Uwe Heller
Founder & COO InnPro GmbH Renewable Energies
Andreas Houf
Andreas Houf
Master Consultant in Finance
Ovidiu Toma
Ovidiu Toma
Telecom programming engineer

Social media

KaratGold Coin web-siteKaratGold Coin RedditKaratGold CoinYouTubeKaratGold Coin TelegramKaratGold Coin InstagramKaratGold Coin X (Twitter)KaratGold Coin Facebook

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