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So what are you going to do about it?
So how would I describe this business? I wouldn't. Just today a good friend asked me what it was about, is it selling? Is it gold? is it...he had no time to watch a three minute video so I certainly didn't have 45 minutes to explain what the business is. I didn't tell him this, but I will share it with you below.  Doesn't seem like too bad an endeavour does it?
To your success, Raymond
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 ?Sooooo many books on what to do, what do I do?
NEWS UPDATE! Fromthe back-office...
Dear business partners, As announced in our previous newsletter, the KBC Best Price promotion is coming to an end. The KBC will be listed with HitBTC shortly. Once that happened, the website karatgold.io will go offline. Meaning, you have this last chance to get the coin for the current conditions on karatgold.io. Once it is listed, only the market will determine its price. You may have missed the giveaway, however if you accquire your gold-backed shares and hold them unitl Christmas 2018 you may be in for a financial windfall.
Read the full article here: https:/www.cash-master.com/category/passive-investments/icos//www.cash-master.com/category/passive-investments/icos/ To the right (golden widget), you can explore the KaratBankCoin live on hitBTC (Be aware it is likely that I may benefit from affiliate commissions) What is karatbank coin? https://youtu.be/MDC7akHQyfg Why Karat Gold Coin Should Go To The Moon: https://youtu.be/q7LF6ywzowU As we read in the whitepaper: “The KBC is more than a cryptocurrency. The KBC stands for a complete paradigm shift! The KBC is the world's first and only cryptocurrency with real gold coverage. In addition, since 1971, the KBC has been the first currency ever to revive the millennia-long proven principle of covering a monetary system with gold. The KBC combines the fantastic perspectives of the »cryptocurrency« model (e.g. anonymous transfers without middlemen or conventional banks) confidently with the reliability of currency gold cover, which has positively accompanied human history for millennia. (click the image below for more information on the parent company, Karatbars International GmbH) I may be compensated as an affiliate for purchases made through links in this blogpost. So what is this coin? Read on  What is the KaratGold Coin – KBC? “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. With the introduction of KBC, the world's first and only coin with real physical gold coverage worth up to 4.5 billion euros, the Karat Gold Coop., The Karatcoin Bank in Miami and owner Harald Seiz in May 2018 modeled »Cryptocurrency« to completely new contours with the gold-covered KBC. There were/are serious shortcomings to share the stage with previous crypto currencies such as Bitcoin, Etherium, etc. and with the traditional Fiat currencies à la Euro, US dollars and yen: the lack of coverage by a real, indestructible equivalent The concept of giving real gold coverage to a new cryptocurrency right from the start and thus providing a man-made unshakable resistance to crises is a real innovation in this field. However, the idea is based on a classic and proven, but abandoned principle (although now in 2019 TRUMPERY is what is happening again with the dollar): until August 15, 1971, the US dollar was covered by gold. However, the face value of outstanding dollar paper money exceeded the value of US gold reserves. In order to solve the problem, the US government at that time decreed the gold-plating of the world's leading currency, the US dollar. According to many experts, this was the cause of the numerous financial crises that have shaken the world ever since. This fatal flaw is not repeated at Karatbars, it is a redesign of the flawed system from the ground-up, as the face value of this cryptocurrency KBC will never exceed the real value of the KaratGold precious metal holdings deposited within the Gold Standard Bank vaults. It is almost certain that these gold reserves will not lose their significant minimum under any circumstances, making the KBC and the KCB de facto absolutely safe from falls and a valuable investment, especially after the 2019 hardfork joining the KBC and KCB coins to create the GSC (gold standard coin). | At the same time, as a cryptocurrency such as KBC offers advantages that Fiat money cannot afford, such as the option of anonymous transfers directly from user to user (peer to peer) without bank participation. Thus, the Karatbars and Karatbank platform have been developed to serve as a generally accepted electronic means of payment for all those who regard gold as a traditional, true, secure and value-stable medium. (click the image below for more information on the parent company, Karatbars International GmbH) I may be compensated as an affiliate for purchases made through links in this blogpost.  Currently, more than 500,000 customers from more than 120 countries have already bought gold bars from Karatbars GmbH in Stuttgart, Germany.
The total investment of these customers amounts to nearly 120 million euro. It is therefore obvious that with this customer basis, the Coin will achieve a high market capitalization: it will write a success story. Why could karat gold coin possibly be the best ico of 2018? ✓ It is designed to be used as a generally accepted electronic payment ✓ Ideal for all who consider gold as a traditional, true, secure and value-stable medium ✓ Each coin represents a certain weight of gold ✓ Can at all times be exchanged into physical gold in the form of CashGold ✓ Can be exchanged for all fiat currencies and cryptocurrencies worldwide Karatcoin lets you trade gold certificates on the Ethereum blockchain. Find out how it works today in our review. Karatcoin tokenizes gold certificates on the Ethereum blockchain. You can use Karatcoin to store gold certificates in your ordinary Ethereum wallet. The project was first announced in September 2017 with a post on Medium: https://medium.com/@karatcoin/karatcoin-tokenizes-gold-certificates-on-ethereum-4afa7426894b. In the post, Karatcoin’s creators talk about how they want to do more than just digitize gold certificates: they want to create a new economy complete with decentralized financial services, decentralized apps, and more. All of these services will use Karatcoin as a token. The platform is in development by Dreammy, an Italy-based music sharing service. Let’s take a closer look at how Karatcoin works.  What Problems Does Karatcoin Seek to Solve?Karatcoin sees a number of problems in today’s gold markets. Here are some of the problems identified in the Karatcoin whitepaper: Difficulty in Finding Gold:Karatcoin’s whitepaper explains that “gold mines cannot guarantee the necessary supply” of gold, especially for larger orders from the marketplace. They’re struggling to mine an adequate amount of gold to keep up with market demand. Bond Value:The bond market is producing historically poor yields. Difficult to Store Gold:Storing gold isn’t easy. Many investors fail to create adequate security systems to protect their gold. How Does Karatcoin Work?Karatcoin aims to solve all of the problems listed above. Some of the core functions of the ecosystem include: Direct Links to Gold Mines:Karatcoin’s platform will link directly to gold mines. Karatcoin claims to have already selected a number of mines based on their “ability, background, structural credibility and financial rating.” Karatcoin also claims there’s no intermediary involved in the process: theyinvest directly in gold mines. 5 to 6% Bond Yields:Karatcoin will issue “Karatcoin Gold Asset Certificates” with different maturity dates. These bonds will pay 5 to 6% yields depending on their duration. A one year bond, for example, pays a 5% yield per year, and a five year bond pays a 6% yield per year. Returns are paid every six months until maturation. Smart Contracts:Transactions between Karatcoin and investors will be managed by smart contracts. Karatcoin’s whitepaper mentions gold mining operations in South America and Africa. The whitepaper doesn’t mention any specific companies or mines in any of the listed countries. It’s just a list of the top gold producing countries in both regions. Basically, Karatcoin will hold gold for you, and then you can maintain digitized control of that gold through products like gold cards and gold certificates. Karatcoin ProductsKaratcoin will offer three main products, including certificates, cards, and tokens. Gold Certificates:Karatcoin’s gold certificates consist of the Proof of Authority (PoA) information permanently uploaded into the decentralized database. These gold certificates have a specific duration and a fixed revenue. Each Gold Asset Certificate represents $1,000 USD of value. Gold Cards:PoA Asset Gold Cards consist of the PoA information permanently uploaded into the decentralized database. Karatcoin Tokens (KTC):KTC is a the digital currency for the Karatcoin platform. Each token will be equal to $3 worth of gold. You can use KTC to buy gold certificates, buy gold cards, or to trade for other cryptocurrencies. The KaratCoin KTC Token SaleThe Karatcoin token sale will consist of a pre-sale and a main crowdsale. The pre-sale is a private sale only for approved investors. The sale will take place over 15 days in Q1 2018. The crowdsale, meanwhile, will start 30 days after the conclusion of the pre-sale. It will last for 30 days. A total supply of 15 million tokens will be sold during the pre-sale and crowdsale at a price of $3 apiece, although bonuses are available throughout the ICO. Who’s Behind KaratCoin KTC?Karatcoin is being developed by a company called Dreammy. That company is a music hosting platform based in Italy. Dreammy is led by co-founders Simone Orso and Claudia Busato. Dreammy was founded in 2014, with the Karatcoin project launching in June 2017. KaratCoin KTC ICO ConclusionKaratcoin is a cryptocurrency project seeking to bring gold certificates to the Ethereum blockchain. The platform will digitize your gold holdings, then allow you to hold them in your Karatcoin wallet on your mobile device. You can freely trade Karatcoin tokens (KTC) and gold certificates through the app. It’s a little difficult to understand how Karatcoin works. The English translation of the website and whitepaper feature some unusual sentences and unclear terms. The whitepaper, for example, mentions that the company will invest in real gold mines in South America and Africa. However, it’s unclear how these investments will work, or what kinds of returns investors can expect. The platform is in development by a company called Dreammy. Dreammy’s core product is a music sharing platform – so it’s unclear why they’ve suddenly decided to start investing in gold mines worldwide. The company also operates a vegan recipe website. Overall, it’s unclear how a company that specializes in a music sharing platform plans to dominate the global gold mining industry. In any case, you can learn more about Karatcoin by visiting online at Karatcoin.co. The ICO is scheduled to begin sometime in Q1 2018, although specific dates have not yet been announced. (source: https://bitcoinexchangeguide.com/karatcoin-ktc-ico/) |
