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KaratGold Coin (KBC)

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ICO

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

KaratGold Coin White Paper Whitepaper

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Interest lvl
Medium
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User Rating
Medium
3/5 1 votes
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Ticker
KBC
Type
Utility-token
Registration countryGermany
Registration year2011

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.

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.

Token Sale Dates

Presale Period

Start date: Feb 15, 2018
End date: Mar 21, 2018

ICO

Start date: Mar 22, 2018
End date: Apr 21, 2018

Token Allocation

Total Token Supply 7,200,000,000 KBC

Funding Details

Hard Cap 72,000,000 USD

Restrictions

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

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

Token Price and Payment Options

Token price USD 1 KBC = 1.32 USD
Accepted Currencies BTC, ETH, USD, EUR

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

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