English name of Token: KaratGold Coin
Ticker of Token: KBC
Country of Incorporation: Germany
Description of the project:
The KaratBank Coin is designed to be used as a generally accepted electronic payment means for all who consider gold as a traditional, true, secure and value-stable medium.Globally, customers on the one side, and merchants and servicers on the other side, rely on the value of gold. Informer times, gold was a direct payment means, particularly in the form of gold coins. However, Gold has continuously been replaced by bank notes, which nowadays are not, or only to a marginal percentage, backed by state-owned gold. Therefore, the value of the bank notes issued by the different countries rely on the trust that the respective country can pay its bills, only this is less sure than in former times. Especially in less developed countries, the trustworthiness of legal tender moves towards zero.
Total available supply: 12.000.000.000 KBC
Tokens in circulation: 7.000.000.000 KBC
Public sale start date: January - July 2018
Total Volume: 5400000000 KBC
Official site: Karatgold.io
This document is compiled from the official whitepaper and relevant documents provided by the token team, to provide investors an overview of the token. The information in this document is collected through formal legal channels. We make every effort to provide complete and accurate information. However, we do not guarantee accuracy, completeness, timeliness or correct sequencing of the information. This information is not to be regarded as investment advice, or legal proof, or evidence.