GID Coin Backed with Polished Diamonds and Gold Bullion

GID Coin Backed with Polished Diamonds and Gold Bullion

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[What is a GID coin]

GID Coins are international crypto coins that are protected by two valuable assets: gold and diamonds. this coin is driven and supported by the tsepyu block.Moneta GID is a hybrid sign that you can use to pay for the assets and the company will have its headquarters in Switzerland. This will act in accordance with the recommendations set by FINMA.

[Invest into Coin which:]

  • Covered by real assets, which are secured and insured in vaults of the well-known banks;
  • value is free from rumors and decisions of the countries;
  • value is always growing or stable during financial depressions.
GID Coin has to become an international currency covered by two most valuable precious goods in the world, powered and secured by Blockchain.
GID Coin will be related to mining and procession of diamonds and gold.
Team of GID Coin are professionals with 8 years of experience in diamond business and 5 years in golden business. Have broad connections in Africa, Russia and Canada. Working very close with miners of gold and rough diamonds (governmental and private) have connections with Belgian and Israel cutters of diamonds and also have connections with gold refineries in Austria, UAE and Andorra.
GID Coin is supported by well-known persons, which are Advisors of the ICO.
GID Coin value is covered by polished diamonds and gold bullions. Two most expensive natural resources in the world. In case that gold in equation weight = price loosing to polished diamonds, so the proportion of diamonds / gold looks like 2/1. It means that 2/3 of investments will be spent on polished diamonds and 1/3 on gold kilobars. Hereinafter we can give you short description of the pricing and evaluation of them.
There are two ways of work for the company:
  • To buy final product (polished diamonds and bullions) from the producers and miners;
  • To arrange whole process from the very beginning, use less money and to take bigger profits.
  • Proportion will be as follows – 30% of the budget goes for the purchase of the final product and the rest 70% will be used for the full cycle of production.
On second stage we invest into mining site in Africa (Angola – primary, secondary – Botswana or Namibia) as private entity and begin to produce rough diamonds and gold ourselves. For our luck rough diamonds and gold are based at the same territory, so there is no need for separate mining sites. Everything goes from the one land
PGID = 0.5 * (Vd * PmR + Vg * PmLBMA) / VGIDT

[Where:]

  1. PGID – Smart Token (GID) price
  2. Vd – Volume of Secured diamonds, owned by company
  3. PmR – Monthly Price of diamonds (according to Rapaport)
  4. Vg – Volume of Secured gold, owned by company
  5. PmLBMA – Monthly Price of diamonds (according to London bullion market (LBMA))
  6. VGIPT – Total Smart Token Volume (total GIDs Volume)
At ICO launch the GID price will be the average $ 20 which can vary during the crowd-sale due to the revisions in the exchange rate:
ICO investors are given GIDE (GID pre-launch) tokens that can be converted to GID
After company has secure enough polished diamonds and gold bullions;
GIDE tokens will be moved to new blockchain platform and converted into GID in a 1: 1 proportion;
Advantages of using DGP rather than Ethereum are as follows:
  • Safer – DGP blockchain uses its own coins rather than Turingcomplete smart contracts.
  • Fungible – DGP uses Point-of-Stake (PoS), and since it relegates its platform to GID transactions alone (rather than to additional ICOs) processes your transactions faster.
  • Cheaper – There is no commission for small transactions (not more than $ 1000).
  • Pre-sale :! Go now
  • End Date: June 18, 2018
  • Sales of Gide Coins: 2,500,000
  • Discount: 30% There is also an airplane entry to those who sign up for that coin online GID.
  • Soft cover: $ 40,000,000. If less than this amount is raised, all investors will return their money to them.
  • Close hard: $ 490,000,000 GIDE tokens will be released after the end of ICO, which will be about one month after the end of ICO.
Use of funds
20% of the funds raised will be used to buy diamonds and gold bars. The remaining 70%
will be used for production, which includes:

[Diamonds]

  • Buy rough diamonds from mines or diamond mining
  • Polish the mined diamonds
  • Gain GIA and HRD certification
  • Diamond insurance purchased
  • Placement of diamonds in the vault

[Gold]

-The acquisition of raw gold from mining sites or gold mining
  • Refinement of gold mined
  • Gold certification
  • Insurance gold bullion
  • Placement of gold bars in storage

[TIMELESS. DISTINCTIVE. BEAUTIFUL.]

[TOKEN INFORMATION]

Token: GIDe
Platform: Ethereum
Type: ERC20
PreICO price: 1 GIDe = 15 USD
Price in ICO: 1 GIDe = 20 USD

[BONUS]

Pre-Sale – discount 30%, Pre-ICO – discount 15%
Tokens for sale: 24,500,000

[INVESTMENT INFO]

Min. investment: 60 USD
Accepting: ETH, BTC, Fiat
Accepting: ETH, BTC, Fiat
Distributed in ICO: 49%Soft cap: 40,000,000.00 USD
Hard cap: 490,000,000 USD

[ROADMAP]

  • Q2 2018
    Completed Whitepaper.
    Website http://www.gidcoin.io.
    Pre-Sale for primary investors.
    First purchases.
    Start of bounty campaign.
  • Q3 2018
    New website.
    Mobile application.
    Pre-ICO (GIDE) 07.2018.
    Beta version of GDP blockchain.
    First full cycle production of diamonds and gold.
  • Q4 2018
    ICO Campaing (GIDE) 09.2018.
    Alfa version of GDP blockchain.
    Exchange of GIDEs to GIDs.
    Second cycle of production of diamonds and gold.
  • Q1 2019
    Listing of GIDs at the exchanges.
    Launch of mining via platform.
    Trial immunity of the Revolut MC credit card.
    Third cycle of production of diamonds and gold.
  • Q2 2019
    Launch of the own mining site.
    Launch of cutting workshop in Spain.
    Launch of small refinery in Switzerland.
    Branches in Angola, USA, Belgium.
  • Q2 2023
    Start of Buyback campaign.

[For more information visit the site below]

AUTHOR: Vionaa
My Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1663173

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