Puregold ICO of PGT is officialy conducted in two phases - Pre-ICO and ICO. The targetted maximum number of PGT that will be minted for Pre-ICO and ICO is set at 50,000,000 tokens. Thereafter, no more PGT will be minted.
ICO - 15 JAN 2018 - 14 MAR 2018Week-1 : 10% Bonus
Week-2 : 5% Bonus
Subsequently : 0% Bonus
700 PGT = 1 ETH
Minimum 0.1 ETH
White paper -
https://puregold.io/doc/Puregold%20ICO%20White%20Paper%20v0.24.pdfPuregold platform will be fully supported with all the critical components:
• PG ATM Cards – to be issued to consumers with PG account
• PG Payment Terminals – to facilitate merchants to accept payment by PG cards
• PG Gold Automated Teller Machines (ATM) – to be installed at various locations to provide 24 by 7 convenient access by account holders
• PGPay Payment Gateway – the complete suite of backend system and frontend app to support online and mobile transactions
Puregold offers two digital tokens, PGT and PGG, running on two separate ledgers. PGG works through a digitized cryptoasset whose cryptocurrency value is based on physical gold. Puregold sets PGG at the current market price for physical gold. The company uses physical gold (of 999.9 quality) as its security. Puregold’s gold reserves equal or exceed its circulated amounts of PGG.
Key differences between Puregold and other gold cryptocurrency blockchains include the following:
• First Payment Gateway using Gold backed cryptocurrency
• Puregold issues 2 tokens, called PGT for transactions; and PGG which is a
cryptoasset backed by physical gold.
• The physical gold are stored in a decentralized storage unit, The Safe House
Pte Ltd, which is a third party, separately audited security firm that Puregold
engages to identify and store investment grade gold, gold jewellery, small
ingots (up to 100 grams) and coins.
Budget
Use of Funds
