With the
future of money moving in the direction of cryptocurrency, the surest
form of investment that can guarantee an almost impenetrable investment plan
would be a cryptocurrency backed by Gold. Guess
what, it already exist and is thriving.
The
attention of a wide audience is offered to the digital currency Karat Bank Coin
(KBC), which is a reliable and stable electronic payment instrument, because it
is backed by gold; one of the most traditional, secure and constant resource’s
in terms of price as an asset. It is clear that this currency is designed for
those users for whom gold is the equivalent of financial stability and success.
The exchange
of this digital asset is easy, cost-effective, reliable and ongoing online. The
coin compares favorably with its volatile "counterparts" by the
predictability of the exchange rate, since the cost of the metal is quite
stable. And this factor will also work to increase its value.
KaratBank
Coin is a blockchain-based crypto coin that’s linked
physically to the deposited gold; once the coin is linked to a specific weight
of gold, it’s called CashGold. A specific number of KaratBank Coins can be
exchanged for CashGold at any given time. In simple words, these crypto coins
will be used as an electronic payment for everyone who knows that
gold is a true, secure, traditional, value-stable medium. The best part is that
this coin can be seamlessly exchanged for cryptocurrencies and fiat currencies
worldwide—the exchangeability of this crypto coin will definitely fuel its
value.
Talking of this crypto asset’s
exchangeability, we can’t fail to mention that it’s designed to be easily
transferred borderless, securely, cost-efficiently, and in real time. While
every digital currency value is quite unpredictable, KaratBank Coin is
different in a good way. That’s because this digital currency’s value is
predictable as the gold’s value has a rich tradition of remaining stable; for
this reason, the volatility factor associated to this crypto coin goes out the
window. And this feature will definitely boost this coin’s market value to a
whole new level.
Introduced
in 2018, the KaratGold Coin (KBC) is linked
to physically deposited gold in the form of CashGold, a gold standard. KBC was
created by the KaratGold Cooperation, a world renowned Cryptocurrency giant, in
order to address the inefficiencies and fragmentation of the existing payment
system. Karatgold (KBC), together with the KaratGold Ecosystem, has been
developed as a globally workable financial solution that is connected to gold.
Some of the
most compelling investment features of the coins are stated below:
Today 100
KBC coins cost $4 - $7 (.04 -.07 cents per coin), and today 1 Gram of Gold is
$41-$45, with the price of gold projected to go up.
On July 4,
2019, for every 100 KBC coins, you will get 1 Gram of Gold. This is
unprecedented, as for the first time in history there is a Guarantee in writing
that a Cryptocurrency is backed by a true tangible asset - 24K, 999.9% gold.
On October
2019, there would be a favourable Hard Fork for investors, as: The KBC and KCB will merge
into one coin, the new Gold Standard Coin (GSC).
Every 1 KBC
coin will convert to 1 GSC coin (EX: 1,000 KBC = 1,000 GSC coins).
In 2023,
every one coin will = 1 gram of gold. If
you don’t trade your coins in until then, you will have 1,000 grams of gold,
and at today's price, 1 gram of gold is about $45. Even if the price of gold stays the same as a
today, in 2023 you would have 1,000 X $45 or $45,000, for an investment today
of just $40-$50.
Referral
Bonus also exists and are fully optional.
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