GID Coin is the World's First Cryptocurrency covered by Polished Diamonds and Gold Bullions.
Invest in Coin which:
- protected by real assets, which are guaranteed and insured in reputed bank safes;
- the value is free from rumors and decisions from countries;
- values always grow or stabilize during financial depression.
GID Coin must be an international currency that is protected by two of the most valuable valuables in the world, supported and guaranteed by Blockchain.
GID Coin will be related to real business related to mining and diamond and gold procession.
The GID Coin team is a professional with 8 years of experience in the diamond business and 5 years in the gold business. Have extensive connections in Africa, Russia and Canada. Working very closely with coarse gold and diamond miners (government and private) has connections with Belgian and Israeli diamond cutters and also has connections with gold refineries in Austria, UAE and Andorra.
GID Coin is supported by famous people, who are ICO Advisers.
The GID Coin value is covered by polished diamonds and gold bars. The two most expensive natural resources in the world. If gold in the weight equation = the price of losing a polished diamond, the proportion of diamond / gold looks like 2/1. That means that 2/3 of the investment will always be spent on polished diamonds and 1/3 on gold kilobar. Next we can provide a brief description of their pricing and evaluation.
There are two ways of working for a company:
· To buy end products (polished diamonds and bullion) from producers and miners;
· To regulate the whole process from scratch, use less money and to take greater profits.
The proportion is as follows - 30% of the budget applies to the purchase of the final product and the remaining 70% will be used for the full production cycle.
In the second stage, we invest in mining sites in Africa (Angola - primary, secondary - Botswana or Namibia) as a private entity and start producing rough diamonds and gold themselves. For our luck, rough and gold diamonds are based in the same area, so there is no need for a separate mining location. Everything goes from one land
PGID = 0.5 * (Vd * PmR + Vg * PmLBMA) / VGIDT ,
Where:
PGID Price - Smart Token (GID)
Vd - Guaranteed diamond volume, owned by the company
PmR - Monthly price of diamonds (according to Rapaport)
Vg - Guaranteed gold volume, owned by the company
PmLBMA - Monthly price of diamonds (according to the London bullion market (LBMA))
VGIPT - Total Smart Token Volume (Total GID Volume)
When the ICO launches the GID price will be an average of $ 20 which can vary during crowd sales due to revisions in the exchange rate:
· ICO investors are given a GIDE token (pre-launch GID) which can be converted to GID after the company has enough diamonds and polished gold bars;
· GIDE tokens will be moved to the new blockchain platform and converted to GID in the proportion of 1: 1;
The advantages of using DGP rather than Ethereum are as follows:
· Safe - DGP blockchain uses its own coins rather than Turingcomplete smart contracts.
· Fungible - DGP uses Point-of-Stake (PoS), and because it places the platform into a GID transaction only (not to an additional ICO) processes your transaction faster.
· Cheaper - There is no commission for small transactions (no more than $ 1000).
Detailed information:
Website: https: // gidcoin. io
Facebook: https://www.facebook.com/gidcoin
Twitter: https://twitter.com/gid_coin
Telegram: https://t.me/gidcoin gidcoin
URL BITCOINTALK : https://bitcointalk.org/index.php?action=profile;u=1523450;sa=forumProfile
ETH : 0xC9ddD82074fF828FB01893C209c662F1ded226F2
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