Translate the page
Feel free to ask any questions, leave your comments, wishes and suggestions regarding the Google Translation at our Telegram Chat.
Like this video

GIDCoin

Covered By Diamonds And Gold

Invest into coin which: – covered by real assets, which are secured and insured; – value is free from rumours and decisions of the countries; – value is always growing or stable during financial depressions. GID Coin value is covered by polished diamonds and gold bullion. 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 always will be spent on polished diamonds and 1/3 on gold kilobars. 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 in industry.

2.9
1 0 expert ratings
Benchy 2.9
Experts
-
-
-
View rating distribution
Ended
2018-07-18 - 2018-08-31
Starts in 23 days 3 hours
2018-10-18 - 2018-12-31
Token
GIDe
PreICO Price
1 GIDe = 15 USD
Price
1 GIDe = 20 USD
Bonus
Available
Bounty
MVP/Prototype
Platform
Accepting
ETH, BTC, Fiat
Minimum investment
60 USD
Soft cap
40,000,000.00 USD
Hard cap
490,000,000 USD
Country
Whitelist/KYC
KYC & Whitelist
More on ICO
Report

About GIDCoin

World-first Cryptocurrency covered by Polished Diamonds and Gold Bullions.

Invest into Coin which:

– covered by real assets, which are secured and insured in vaults of the well-known banks;
– value is free from rumours 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 with the real business concerned with 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 always 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 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:

PGID – Smart Token (GID) price
Vd – Volume of Secured diamonds, owned by company
PmR – Monthly Price of diamonds (according to Rapaport)
Vg – Volume of Secured gold, owned by company
PmLBMA – Monthly Price of diamonds (according to London bullion market (LBMA))
VGIPT – Smart Token Total Volume (GIDs total Volume)

At ICO launch the GID price will be 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 commissions for small transactions (not more than $1000).

Bookmark
ICO KYC Report
2 members invited
Oleg Tkachev
Passed
Alex Konviser
Failed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
Missing or incorrect data? Let us know.

ICOs that might interest you

XAYA

XAYA is a platform where games can run serverless and unstoppable on the blockchain wit...

17 days 13 hours left

qiibee

We help brands run their loyalty programs on the blockchain.

28 days 15 hours left

ICOVO

ICOVO is the world’s first and only ICO platform that can actualize healthy ICOs. The...

13 days 15 hours left

Cloudbric

We are a trusted enterprise level security vendor with various awards & thousands of us...

Starts in 8 days 22 hours
Join our Official ICObench group on Telegram Official ICObench Telegram group

Cookies help us deliver our services. By using our services, you agree to our use of cookies.

Learn more Got it