GramGold
14/03/2018 We have ended the token sale due to massive negative publicity re ICOs in general . THE 2 INVESTORS ($70) Investors will have their funds returned, so please email us [email protected]
The token swap will not be going ahead as the BGC/GGT token project has been abandoned due to lack of support.... we are sorry but this project is over. Thanks to all those who retweeted us in the past
Topic: [ANN] [ICO] GRAMGOLD (GGT) TOKEN - TOKEN SALE BEGINS 18/02 2018 (Read 743 times)
The vision of the GramGold ICO is very clear, though we have been reluctant until now to state it in one sentence terms. To be honest we are a little overawed by what we are setting out to do here, the Gold market is worth billions USD, but we know we can achieve it with investor support. As the Birmingham Gold Company, with ten years experience in precious metals processing we already achieve these aims for our UK and EU customers albeit on a much smaller scale, but now we want to go global
If you take a look at the diagram at the top of this article you will see depicted the 4 key projects that we intend to complete.
Audex .
The Audex is our own decentralized Gold and precious metals exchange where customers can buy and sell Gold, Silver Platinum and Palladium against a basket of cryptocurrencies, with prices scraped and aggregated from leading global metals markets so that the best possible buying prices are achievable. Precious metals can be then stored in our online-accessible, physical, safe and secure vaults.
Augram
Our vaults will be fully accessible online 24/7 , safe, secured and fully insured. the combination of Augram and Audex will ensure that our customers purchase and store Gold, Silver & Platinum at the best market rates.
GramGold ATMs
The GramGold ATM is one of three main initiatives in our white paper, being designed to stop the asset loss today’s consumers face when buying and selling Gold. Our ATM is being designed to accept scrap Gold, weigh it, calculate its value and either pay out 94% of the market spot price to any consumer via bank transfer, or in cryptocurrency. Customers achieve far les, sometimes less than 40% of this value when they sell scrap/unwanted Gold and lets not forget that 90% of recycled Gold comes from these customers, that is a market worth $50 billion (see whitepaper appendix)
Most importantly any consumer in the world will be able to use the GramGold ATM to purchase at the right market price both Gold bullion bars and coins electronically, which will be stored at our secure vaults. in the future the ATM will also give immediate access to our decentralized trading platform. we intend to site ATMs in major shopping centres around the world
The Gram|Gold Token GGT
This is a custom token developed on the Ethereum blockchain as an ERC-20 Token. Not only will it be a tradeable asset, more importantly it will be used to facilitate the purchase and sale of Gold around the world. It is an asset backed by Gold. When any consumer buys this token they will not only receive 100% of the their purchase in tokens they will also receive 10% of their purchase spend (equivalent in dollars) in Gold deposited in our vaults. That is actual physical Gold. They can then use our token to buy Gold from us to be stored in our vaults at 110% of the spot / market price at the time of the order via a smart contract the customer will also pay a small storage charge on an annual basis. This enables anyone anywhere in the world where it is legal to purchase Gold to buy Gold direct from us using the GGT Token but of course they may also wish to purchase Gold from us via bank transfer, cheque or credit card. This is the Augram scheme (see below).
But perhaps more significanttly than this the GGT token will fund the setting up of a decentralized exchange known as AUDEX will which be a Gold and precious metals exchange allowing for the buying and selling of all precious metals via a basket of cryptocurrency
The GGT token will be used to crowdfund the production of Gold recycling ATMs to be situated in key shopping centres throughout the world. This represents a physical asset designed to be able to accept Gold recycling scrap from all over the world to be transferred either into our token, other cryptocurrency, swapped for Gold bullion or sold for cash via bank transfer/credit card etc.
This Gold recycling eco-system will ensure that consumers receive a minimum of 94% of the market spot price for their precious metals instead of the low prices they currently are offered. This will be achieved by the design, production placement and operation of our automated precious metals recycling ATM the GramGold ATM worldwide
Conclusion
Yes, its a bold and ambitious plan, but also logical and achievable with the right investment. Every part is achievable.
You may well ask yourself "Why should I care? Because you, like most people, you might have paid too much when buying Gold & sold it for far too little. Let's change that! Gold is an asset that we all have. Regulating the Gold buying and selling markets won't help. Billions are being lost to consumers through gold scams, market manipulations, rip-off gold buyers and sellers. Its all in our whitepaper. Lets do it a different way!
Please support our ICO
If you take a look at the diagram at the top of this article you will see depicted the 4 key projects that we intend to complete.
Audex .
The Audex is our own decentralized Gold and precious metals exchange where customers can buy and sell Gold, Silver Platinum and Palladium against a basket of cryptocurrencies, with prices scraped and aggregated from leading global metals markets so that the best possible buying prices are achievable. Precious metals can be then stored in our online-accessible, physical, safe and secure vaults.
Augram
Our vaults will be fully accessible online 24/7 , safe, secured and fully insured. the combination of Augram and Audex will ensure that our customers purchase and store Gold, Silver & Platinum at the best market rates.
GramGold ATMs
The GramGold ATM is one of three main initiatives in our white paper, being designed to stop the asset loss today’s consumers face when buying and selling Gold. Our ATM is being designed to accept scrap Gold, weigh it, calculate its value and either pay out 94% of the market spot price to any consumer via bank transfer, or in cryptocurrency. Customers achieve far les, sometimes less than 40% of this value when they sell scrap/unwanted Gold and lets not forget that 90% of recycled Gold comes from these customers, that is a market worth $50 billion (see whitepaper appendix)
Most importantly any consumer in the world will be able to use the GramGold ATM to purchase at the right market price both Gold bullion bars and coins electronically, which will be stored at our secure vaults. in the future the ATM will also give immediate access to our decentralized trading platform. we intend to site ATMs in major shopping centres around the world
The Gram|Gold Token GGT
This is a custom token developed on the Ethereum blockchain as an ERC-20 Token. Not only will it be a tradeable asset, more importantly it will be used to facilitate the purchase and sale of Gold around the world. It is an asset backed by Gold. When any consumer buys this token they will not only receive 100% of the their purchase in tokens they will also receive 10% of their purchase spend (equivalent in dollars) in Gold deposited in our vaults. That is actual physical Gold. They can then use our token to buy Gold from us to be stored in our vaults at 110% of the spot / market price at the time of the order via a smart contract the customer will also pay a small storage charge on an annual basis. This enables anyone anywhere in the world where it is legal to purchase Gold to buy Gold direct from us using the GGT Token but of course they may also wish to purchase Gold from us via bank transfer, cheque or credit card. This is the Augram scheme (see below).
But perhaps more significanttly than this the GGT token will fund the setting up of a decentralized exchange known as AUDEX will which be a Gold and precious metals exchange allowing for the buying and selling of all precious metals via a basket of cryptocurrency
The GGT token will be used to crowdfund the production of Gold recycling ATMs to be situated in key shopping centres throughout the world. This represents a physical asset designed to be able to accept Gold recycling scrap from all over the world to be transferred either into our token, other cryptocurrency, swapped for Gold bullion or sold for cash via bank transfer/credit card etc.
This Gold recycling eco-system will ensure that consumers receive a minimum of 94% of the market spot price for their precious metals instead of the low prices they currently are offered. This will be achieved by the design, production placement and operation of our automated precious metals recycling ATM the GramGold ATM worldwide
Conclusion
Yes, its a bold and ambitious plan, but also logical and achievable with the right investment. Every part is achievable.
You may well ask yourself "Why should I care? Because you, like most people, you might have paid too much when buying Gold & sold it for far too little. Let's change that! Gold is an asset that we all have. Regulating the Gold buying and selling markets won't help. Billions are being lost to consumers through gold scams, market manipulations, rip-off gold buyers and sellers. Its all in our whitepaper. Lets do it a different way!
Please support our ICO
I support this coin 
Thanks for the support. Unlike a lot of coins out there we are less hype more substance. Our goal ie to help consumers Buy Gold For Less, Sell Gold For More is one that we, as an existing Gold business already meet, though on a smaller scale ie here in the Uk and the EU. We want to make this a global target and with your support we can. Buy Gold For Less, Sell Gold For More - GRAMGOLD
Published on Published onMarch 5, 2018
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Lionel Refson
Lionel Refson
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The vision of the GramGold ICO is very clear, though we have been reluctant until now to state it in one sentence terms. To be honest we are a little overawed by what we are setting out to do here, the Gold market is worth billions USD, but we know we can achieve it with investor support. As the Birmingham Gold Company, with ten years experience in precious metals processing we already achieve these aims for our UK and EU customers albeit on a much smaller scale, but now we want to go global
If you take a look at the diagram at the top of this article you will see depicted the 4 key projects that we intend to complete.
Audex .
The Audex is our own decentralized Gold and precious metals exchange where customers can buy and sell Gold, Silver Platinum and Palladium against a basket of cryptocurrencies, with prices scraped and aggregated from leading global metals markets so that the best possible buying prices are achievable. Precious metals can be then stored in our online-accessible, physical, safe and secure vaults.
Augram
Our vaults will be fully accessible online 24/7 , safe, secured and fully insured. the combination of Augram and Audex will ensure that our customers purchase and store Gold, Silver & Platinum at the best market rates.
GramGold ATMs
The GramGold ATM is one of three main initiatives in our white paper, being designed to stop the asset loss today’s consumers face when buying and selling Gold. Our ATM is being designed to accept scrap Gold, weigh it, calculate its value and either pay out 94% of the market spot price to any consumer via bank transfer, or in cryptocurrency. Customers achieve far les, sometimes less than 40% of this value when they sell scrap/unwanted Gold and lets not forget that 90% of recycled Gold comes from these customers, that is a market worth $50 billion (see whitepaper appendix)
Most importantly any consumer in the world will be able to use the GramGold ATM to purchase at the right market price both Gold bullion bars and coins electronically, which will be stored at our secure vaults. in the future the ATM will also give immediate access to our decentralized trading platform. we intend to site ATMs in major shopping centres around the world
The Gram|Gold Token GGT
This is a custom token developed on the Ethereum blockchain as an ERC-20 Token. Not only will it be a tradeable asset, more importantly it will be used to facilitate the purchase and sale of Gold around the world. It is an asset backed by Gold. When any consumer buys this token they will not only receive 100% of the their purchase in tokens they will also receive 10% of their purchase spend (equivalent in dollars) in Gold deposited in our vaults. That is actual physical Gold. They can then use our token to buy Gold from us to be stored in our vaults at 110% of the spot / market price at the time of the order via a smart contract the customer will also pay a small storage charge on an annual basis. This enables anyone anywhere in the world where it is legal to purchase Gold to buy Gold direct from us using the GGT Token but of course they may also wish to purchase Gold from us via bank transfer, cheque or credit card. This is the Augram scheme (see below).
But perhaps more significanttly than this the GGT token will fund the setting up of a decentralized exchange known as AUDEX will which be a Gold and precious metals exchange allowing for the buying and selling of all precious metals via a basket of cryptocurrency
The GGT token will be used to crowdfund the production of Gold recycling ATMs to be situated in key shopping centres throughout the world. This represents a physical asset designed to be able to accept Gold recycling scrap from all over the world to be transferred either into our token, other cryptocurrency, swapped for Gold bullion or sold for cash via bank transfer/credit card etc.
This Gold recycling eco-system will ensure that consumers receive a minimum of 94% of the market spot price for their precious metals instead of the low prices they currently are offered. This will be achieved by the design, production placement and operation of our automated precious metals recycling ATM the GramGold ATM worldwide
Conclusion
Yes, its a bold and ambitious plan, but also logical and achievable with the right investment. Every part is achievable.
You may well ask yourself "Why should I care? Because you, like most people, you might have paid too much when buying Gold & sold it for far too little. Let's change that! Gold is an asset that we all have. Regulating the Gold buying and selling markets won't help. Billions are being lost to consumers through gold scams, market manipulations, rip-off gold buyers and sellers. Its all in our whitepaper. Lets do it a different way!
Please support our ICO
Published on Published onMarch 5, 2018
Edit article
View stats
Lionel Refson
Lionel Refson
4
Like 0
Comment
0
Edit article
The vision of the GramGold ICO is very clear, though we have been reluctant until now to state it in one sentence terms. To be honest we are a little overawed by what we are setting out to do here, the Gold market is worth billions USD, but we know we can achieve it with investor support. As the Birmingham Gold Company, with ten years experience in precious metals processing we already achieve these aims for our UK and EU customers albeit on a much smaller scale, but now we want to go global
If you take a look at the diagram at the top of this article you will see depicted the 4 key projects that we intend to complete.
Audex .
The Audex is our own decentralized Gold and precious metals exchange where customers can buy and sell Gold, Silver Platinum and Palladium against a basket of cryptocurrencies, with prices scraped and aggregated from leading global metals markets so that the best possible buying prices are achievable. Precious metals can be then stored in our online-accessible, physical, safe and secure vaults.
Augram
Our vaults will be fully accessible online 24/7 , safe, secured and fully insured. the combination of Augram and Audex will ensure that our customers purchase and store Gold, Silver & Platinum at the best market rates.
GramGold ATMs
The GramGold ATM is one of three main initiatives in our white paper, being designed to stop the asset loss today’s consumers face when buying and selling Gold. Our ATM is being designed to accept scrap Gold, weigh it, calculate its value and either pay out 94% of the market spot price to any consumer via bank transfer, or in cryptocurrency. Customers achieve far les, sometimes less than 40% of this value when they sell scrap/unwanted Gold and lets not forget that 90% of recycled Gold comes from these customers, that is a market worth $50 billion (see whitepaper appendix)
Most importantly any consumer in the world will be able to use the GramGold ATM to purchase at the right market price both Gold bullion bars and coins electronically, which will be stored at our secure vaults. in the future the ATM will also give immediate access to our decentralized trading platform. we intend to site ATMs in major shopping centres around the world
The Gram|Gold Token GGT
This is a custom token developed on the Ethereum blockchain as an ERC-20 Token. Not only will it be a tradeable asset, more importantly it will be used to facilitate the purchase and sale of Gold around the world. It is an asset backed by Gold. When any consumer buys this token they will not only receive 100% of the their purchase in tokens they will also receive 10% of their purchase spend (equivalent in dollars) in Gold deposited in our vaults. That is actual physical Gold. They can then use our token to buy Gold from us to be stored in our vaults at 110% of the spot / market price at the time of the order via a smart contract the customer will also pay a small storage charge on an annual basis. This enables anyone anywhere in the world where it is legal to purchase Gold to buy Gold direct from us using the GGT Token but of course they may also wish to purchase Gold from us via bank transfer, cheque or credit card. This is the Augram scheme (see below).
But perhaps more significanttly than this the GGT token will fund the setting up of a decentralized exchange known as AUDEX will which be a Gold and precious metals exchange allowing for the buying and selling of all precious metals via a basket of cryptocurrency
The GGT token will be used to crowdfund the production of Gold recycling ATMs to be situated in key shopping centres throughout the world. This represents a physical asset designed to be able to accept Gold recycling scrap from all over the world to be transferred either into our token, other cryptocurrency, swapped for Gold bullion or sold for cash via bank transfer/credit card etc.
This Gold recycling eco-system will ensure that consumers receive a minimum of 94% of the market spot price for their precious metals instead of the low prices they currently are offered. This will be achieved by the design, production placement and operation of our automated precious metals recycling ATM the GramGold ATM worldwide
Conclusion
Yes, its a bold and ambitious plan, but also logical and achievable with the right investment. Every part is achievable.
You may well ask yourself "Why should I care? Because you, like most people, you might have paid too much when buying Gold & sold it for far too little. Let's change that! Gold is an asset that we all have. Regulating the Gold buying and selling markets won't help. Billions are being lost to consumers through gold scams, market manipulations, rip-off gold buyers and sellers. Its all in our whitepaper. Lets do it a different way!
Please support our ICO
GramGold
"Buy Gold For Less, Sell Gold for More.."
Not just an ERC20 token backed by Gold and a Global Gold Asset
Decentralised Trading Plaform based on blockchain technology & cryptocurrency...
Its a Gold Exchange, a Gold Vault, Gold ATMs
(to be sited in shopping centres around the Globe) and a Foundation...
..all by a UK Precious Metals Processing Company, Birmingham Gold Company"
Revolutionizing Gold Markets, Globally!
"Why should you care? Because you, like most people, have probably paid too much when you bought Gold and when you've sold it, got far too little back. ...We're going to change that. Use GramGold & Cryptocurrencies to buy, sell & exchange Gold. Buy Gold for Less, Sell Gold for More"
"Buy Gold For Less, Sell Gold for More.."
Not just an ERC20 token backed by Gold and a Global Gold Asset
Decentralised Trading Plaform based on blockchain technology & cryptocurrency...
Its a Gold Exchange, a Gold Vault, Gold ATMs
(to be sited in shopping centres around the Globe) and a Foundation...
..all by a UK Precious Metals Processing Company, Birmingham Gold Company"
Revolutionizing Gold Markets, Globally!
"Why should you care? Because you, like most people, have probably paid too much when you bought Gold and when you've sold it, got far too little back. ...We're going to change that. Use GramGold & Cryptocurrencies to buy, sell & exchange Gold. Buy Gold for Less, Sell Gold for More"
wanted to pouchavstvovat, but read that NO gold is allocated to Bounty Tokens 
Thats correct. Gold is only available when the token is bought directly from us ie at the ICO or afterwards BUT we think our bounty scheme is pretty generous so go for it ! how about the translation campaigns? How can we join ? Is there a spread sheet ?
Thanks for your question. We changed our bounty but I omitted to change the bounty details on this forum, for which i am sorry. i have now changed the ANN
The bounty is as follows
Our Bounty programme begins 23/02/2018 and ends 31/03/2018
"We don't want pumping and to da moons so ........"
Bounties are paid for every time you do ALL the following
Share one of OUR blog posts ie at https://gramgoldblog.com TOGETHER WITH THE LINK TO OUR ICO i.e. https://www.gramgold.net/ico
AND Join our facebook group AND our telegram group
We pay 10GGT tokens for every blog post you share . You can share up to a maximum of 10 times on different social media sites or groups and earn 100 GGT
In order to be paid, please complete our form here
Bounties will be paid after 31st march 2018
Please note we changed our bounties because we were receiving poor quality translations. But we are always willing to pay for a good quality translation by separate negotiation.
admin you can check my previous ANN+Bounty translations in german and in turkish. They are all quality translations. If you still looking for a quality translation for the ANN Thread please do not hesitate to contat me
Thanks for the offer and we will do. For now we have on the whitepaper page ie https://gramgold.net/ico translations in 12 languages
wanted to pouchavstvovat, but read that NO gold is allocated to Bounty Tokens
Thats correct. Gold is only available when the token is bought directly from us ie at the ICO or afterwards BUT we think our bounty scheme is pretty generous so go for it ! how about the translation campaigns? How can we join ? Is there a spread sheet ?
Thanks for your question. We changed our bounty but I omitted to change the bounty details on this forum, for which i am sorry. i have now changed the ANN
The bounty is as follows
Our Bounty programme begins 23/02/2018 and ends 31/03/2018
"We don't want pumping and to da moons so ........"
Bounties are paid for every time you do ALL the following
Share one of OUR blog posts ie at https://gramgoldblog.com TOGETHER WITH THE LINK TO OUR ICO i.e. https://www.gramgold.net/ico
AND Join our facebook group AND our telegram group
We pay 10GGT tokens for every blog post you share . You can share up to a maximum of 10 times on different social media sites or groups and earn 100 GGT
In order to be paid, please complete our form here
Bounties will be paid after 31st march 2018
Please note we changed our bounties because we were receiving poor quality translations. But we are always willing to pay for a good quality translation by separate negotiation.
admin you can check my previous ANN+Bounty translations in german and in turkish. They are all quality translations. If you still looking for a quality translation for the ANN Thread please do not hesitate to contat me
wanted to pouchavstvovat, but read that NO gold is allocated to Bounty Tokens
Thats correct. Gold is only available when the token is bought directly from us ie at the ICO or afterwards BUT we think our bounty scheme is pretty generous so go for it ! how about the translation campaigns? How can we join ? Is there a spread sheet ?
Thanks for your question. We changed our bounty but I omitted to change the bounty details on this forum, for which i am sorry. i have now changed the ANN
The bounty is as follows
Our Bounty programme begins 23/02/2018 and ends 31/03/2018
"We don't want pumping and to da moons so ........"
Bounties are paid for every time you do ALL the following
Share one of OUR blog posts ie at https://gramgoldblog.com TOGETHER WITH THE LINK TO OUR ICO i.e. https://www.gramgold.net/ico
AND Join our facebook group AND our telegram group
We pay 10GGT tokens for every blog post you share . You can share up to a maximum of 10 times on different social media sites or groups and earn 100 GGT
In order to be paid, please complete our form here
Bounties will be paid after 31st march 2018
Please note we changed our bounties because we were receiving poor quality translations. But we are always willing to pay for a good quality translation by separate negotiation.
wanted to pouchavstvovat, but read that NO gold is allocated to Bounty Tokens
Thats correct. Gold is only available when the token is bought directly from us ie at the ICO or afterwards BUT we think our bounty scheme is pretty generous so go for it ! how about the translation campaigns? How can we join ? Is there a spread sheet ?
February 26, 2018, 02:38:46 PM
The GramGold ATM*– Solving 4 problems at once https://gramgold.net/ico
The GramGold ATM is one of three main initiatives in this white paper, being designed to stop the asset loss today’s consumers face when buying and selling gold. Our ATM is being designed to accept scrap gold, weigh it, calculate its value and either pay out 94% of the market spot price to any consumer via bank transfer, or in cryptocurrency.
Most importantly any consumer in the world will be able to use the GramGold ATM to purchase at the right market price both gold bullion bars and coins electronically, which will be stored at our secure vaults.
In the near future an ATM for all precious metals including silver and platinum will also be launched. This is currently being researched.
Problem 1 – The Precious Metals Recycling Supply Chain -Too Long
Instead of a consumer selling their gold to a middleman who then sells to another middleman and so on, the consumer simply sells their gold via our innovative and ground-breaking GramGold ATM utilizing state-of the-art xrf spectrometer technology coupled with specialized custom-built spectroscopy. This will cut down the high value gold supply chain enabling the consumer to realize the best market price for their jewellery etc. Currently the GramGold ATM will only handle gold transactions, but a complete precious metals ATM is in the design phase.
Problem 2 – The Precious Metals Recycling Rip-Off
Rather than the consumer trying to negotiate a selling price against experienced gold-dealers, failing and often settling for far less than spot market value The GramGold ATM will be set to pay a fixed percentage of the spot i.e. market price for gold. The rate will be set at a minimum 94% of spot price up to 45% higher than some consumers currently receive. No more rip-off!
Problem 3 – Precious Metals Recycling Security & Safety Issues
The GramGold ATM solves both issues at one stroke. Located in the most secure areas of busy indoor shopping malls, with heavy footfall and security, the GramGold ATM includes in-built CCTV, tamper alarm and 24hr 4G monitoring. The GramGold ATM is safe secure and cashless.
Problem 4 – Lost Asset Value & Adverse Effect on The Local Economy
Receiving more for their gold items will allow consumers more disposable income and therefore more spending power in their local communities, benefiting the local economy
If a GramGold ATM is set to pay to the consumer 94% of the market price where the average paid by a middleman could be even lower than 50% (wide variance from country to country AND if the turnover of the ATM is approx $1,456,000 per annum we can estimate that one ATM puts at least $700,000 back into the global consumers pocket.
If we sited 300 machines that would equal $210,000,000 back to the consumer
If we sited 3000 machines that would equate to $2,100,000,000 back to the consumer
An exciting development of the Gramgold ATM will be the ability to buy gold and silver via our ATM terminal using either cryptocurrency, bank card our token or by exchanging your scrap gold for safely secured bullion at very little charge. You can imagine a further saving to the global consumer of around, lets estimate, £3 billion for the purposes of this whitepaper.
Total Benefit to the Consumer in financial terms
$5,000,000 per annum+ ?
The Benefits – A Shorter Fairer Safer Multi-Beneficial Supply Chain!
atm4
Other benefits include…
Cashless transaction
Ability To sell Gold for any cryptocurrency including Bitcoin Ethereum GramGold
Ability to sell Gold via bank/credit card transfer
Ability in the Future to also buy gold via ATM
The GramGold ATM*
The architecture:
Safe Cabinets dimensions are 1.8 meters high, 0.75 meters deep and 1.2 meters wide.
Build Cost Phase 1 ATM – Gold only **
1 x Custom Spectrometer XRF Analyser $30,000
1 x Custom Laser Spectroscope $75000
Custom Inline Checkweigher Baling & packaging facility $10,000
Custom Internal Manipulator $5000
Built-in PC, touch screen, Linux o/s $2000
Armored box $10,000
CCTV/Security & Face recognition $3000
ID Scanner & QR scanner $3000
Hi-Tec Alarm System with 4G Monitoring $1000
Chip & Pin Reader for ATM $500
Receipt printer & Issuer $500
Custom Receiving Receptacle/ATM style Hatch $1000
Build, Adjustment and commissioning $5000
Total $146,000
*Pat. Pending
** Phase 2 ATM for all precious metals currently in design stage
The GramGold ATM Profit Centre Calculation
Estimated Gold Purchase per unit per annum based on (1KG per week at avg. purity 70% = 350g pure gold equiv x $40 x 52 weeks) Customer receives 94%* spot
$1,456,000
GramGold profit based on 3 % (i.e. 6% less 2% for refining costs & 1% for maintenance)
$43680
*This percentage will increase with further technological development
We have as a broad target in the first year of operation to install 30 units giving a target profit of c. $1.3million. In communities where no ATM is feasible the profit level will be approximately the same. I.e. increased cost due to overhead but likelihood of greater through-flow.
The Future
GramGold ATM’s Around the Globe
The launch of the first GramGold ATM will be in the Birmingham Jewellery Quarter, our local community, followed by as second ATM in Birmingham’s busy Bullring shopping centre. We are planning a rapid expansion after this initial launch with ATMs to be sited in all major shopping centres in the UK & the EU followed by Africa and Asia.
An exciting development of the GramGold ATM will be the ability to buy gold and silver via our ATM terminal using either cryptocurrency, bank card our token or by exchanging your scrap gold for safely secured bullion at very little charge. You can imagine a further saving to the global consumer of around, lets estimate, £3 billion for the purposes of this whitepaper.
February 26, 2018, 02:27:48 AM
Am actually so very happy to wake up to see this token making such impact, I wish us the best of luck and of course to soar high in the crypto spzce
Thank you for your best wishes Sylanda. February 26, 2018, 01:49:47 AM
Am actually so very happy to wake up to see this token making such impact, I wish us the best of luck and of course to soar high in the crypto spzce
February 25, 2018, 07:11:07 AM
Good evening. So, how was your first days of token sale? Are there successes? So, I bought some your tokens, I hope it was worth it I believe in this project, because idea is very powerful. Okay, good luck, all of you. GRAMGOLD the best!
Many thanks Kazakoff. as you will notice we are having a long slow ICO, with 60+days left. That is because we do not want a mad pumped fomo rush, with investors wildly buying in. Remember its a great responsibility handling public monies and an already existing business we want long-term considered investors and as such progress will be slow but very steady. I believe in this project, because idea is very powerful. Okay, good luck, all of you. GRAMGOLD the best!Thank you for your interest in this project and watch this space. We are already in talks with additional developers to begin the development of our Gold/crypto trading platform. the Audex
February 24, 2018, 05:03:14 AM
This scam is a very clever operation. Don’t fall for it!! Everyone can make a pro-like whitepaper but that doesn’t mean it is a valid organisation.
Study the team members and you will find out, that some of them left a ponzi scheme and deceived lots of investors! Be warned!
Sorry in advance, why did you say the project is a con artist? What is the reason?I think they look goodStudy the team members and you will find out, that some of them left a ponzi scheme and deceived lots of investors! Be warned!
February 24, 2018, 04:39:27 AM
This scam is a very clever operation. Don’t fall for it!! Everyone can make a pro-like whitepaper but that doesn’t mean it is a valid organisation.
Study the team members and you will find out, that some of them left a ponzi scheme and deceived lots of investors! Be warned!
Study the team members and you will find out, that some of them left a ponzi scheme and deceived lots of investors! Be warned!
Sorry, but why would you say such a thing and spread needless FUD. We are part of the Birmingham Gold Company, an existing precious metals processor based in the UK with a turnover in the £millions. Every part of our project is realizable and valid and NONE of our team have ever been in any ponzi scheme.
We take the fact that we are asking for public funding extremely seriously and have never defaulted on any loan etc.
Perhaps we should investigate your background further with a view to litigation re libel, but then why would we bother as your opinion carries no weight. Oh I understand now...every one of your posts is screaming "scam" on all different ICOs on here. Please explain why you are behaving in this way? Presume because you have been scammed in the past . Lets leave your post up here anyway and you can show us the proof that you have.
February 23, 2018, 10:41:25 AM
Reserved
February 23, 2018, 10:39:11 AM
This scam is a very clever operation. Don’t fall for it!! Everyone can make a pro-like whitepaper but that doesn’t mean it is a valid organisation.
Study the team members and you will find out, that some of them left a ponzi scheme and deceived lots of investors! Be warned!
Sorry in advance, why did you say the project is a con artist? What is the reason?I think they look good Study the team members and you will find out, that some of them left a ponzi scheme and deceived lots of investors! Be warned!
February 23, 2018, 10:07:41 AM
This scam is a very clever operation. Don’t fall for it!! Everyone can make a pro-like whitepaper but that doesn’t mean it is a valid organisation.
Study the team members and you will find out, that some of them left a ponzi scheme and deceived lots of investors! Be warned!
Study the team members and you will find out, that some of them left a ponzi scheme and deceived lots of investors! Be warned!
February 22, 2018, 11:26:12 AM
FAQs
These FAQs are published here to help investors understand our project
Why is the GramGold token ie GGT not backed 100% by Gold?
Our token, GGT is 10% backed by goid initially. This percentage will rise over time as the GGT token becomes more established and we become established on the global scale. It is not possible to have a token 100% backed by Gold for many reasons, not least the cost of buying/storing/shipping gold. Any investor should be vary wary of any scheme claiming that their token is 100% backed by gold.
What you are proposing is a massive undertaking How can I be sure this will succeed ?
There are no guarantees of success anywhere in life With this project and any other any potential should examine the facts and weigh up the risks. Consider that firstly we are not a start-up ICO and have a proven track record in the business sector we operate in. The GramGold project is a natural extension of our operations. We have clearly examined the global need and demand for more honest, transparent and fairer gold markets whether for buying or selling, in local communities or on trading markets . The five key elements of the GramGold project ie the GGT token itself, the Augram scheme (buying /selliing storage of gold), the Audex (decentralized trading exchange), the Gramgold ATMs for recycling gold scrap and the GramGold Foundation are all designed to meet these identified global needs; ie the need to be able to buy gold at fair market prices without fear of being ripped off or scammed in the many ways we have outlined AND the need to be able to sell gold, whether in the form of scrap jewellery right through to bars and coins at the best possible market rates.
What is The GramGold Token ?
GramGold token (GGT) is a custom token developed on the Etherium blockchain as an ERC-20 Token. Besides being a tradeable asset it is 10% backed by Gold & will be used to fund, the AuGram Scheme, the Audex, the GramGold ATM and the GramGold Foundation. The percrentage of gold backing will increase in the future to 50% and 95% depending on the success of the GGT
What is the Augram Scheme ?
Quite simply its a gold purchase sale and storage facility. The AuGram scheme will facilitate the ownership of gold to our investors at correct, not over-inflated market prices & will enable consumers globally to buy, sell & store gold using cryptocurrency. So if you use our ATMs (see below) to buy gold from, the gold will be sold by us at the right, fair market rate, and stored by us on your behalf in secure insured vaults. If you buy the GGT token, 10% Gold on top of your token purchase will be stored on your behalf, in our vaults, yours to keep or sell at any time . The long-term objective of the Augram scheme is the construction of wholly-owned GramGold bullion vaults, in the UK
What is Audex?
Quite simply its a decentralized gold trading platform, linked to the Augram scheme. The Audex decentralized gold/cryptocurrency exchange.will be set up via smart contract to allow GramGold token holders and eventually any cryptocurrency holder to buy sell and exchange tokens and cryptocurrency on a decentrailzed trading exchange that will “scrape and aggregate daily gold prices from the major gold markets around the world without the penalties of heavy trading fees Gold & precious metals bought will be stored via the Augram scheme and can be sold from there also.
What is the the GramGold ATM ?
Simply put its an ATM that consumers can use to sell there physical gold at the best market prices. its worth remembering as have pointed out in the Whitepaper, that this market alone is worth $50billion annually .We are developing the GramGold ATM to ensure the customer receives the right price when buying & selling Gold. The only way to reduce the over-long & corrupt precious metal purchse & supply chains. Any customer will also be able to buy gold via the ATM, through the Augram schem and trade it on Audex.
What is the GramGold Foundation ?
The GramGold Foundation (The GGF) will not only promote all Gramgold schemes, including the Augram scheme, the Audex and the ATMs together with good buying/selling practices globally, ie to consumers and local economies alike, it will also provide training, & support to candidates selected to maintain the GramGold ATM. .
Why is there no Soft Cap in the ICO ?
As we are buying and storing gold on behalf of purchasers at the token sale stage and as we will be undertaking all developments as outlined in this white paper anyway a soft cap is simply redundant in this case. How far we get with our projects will be up to purchasers.
Your team looks small for such a large project . Why is this ?
Much like as any blockchain grows, or indeed any organization, our team will grow in line with the growth of the project . Many ICOs recently have stuffed their team pages full of advisers and personnel at the very beginning of the ICO only for investors to find out later on that personnel they have believed in and indeed invested in, have either never worked on the project or have left. We have taken the opposite approach. Our team are currently working on all aspects of the GramGold project and we are in talks with additional staff currently to meet future needs .
This Gold market revolution is a massive undertaking Do you have Government Support for this ?
No, there is no Government support schemes for this typoe of initiative however through our GramGold Foundation we will be in talk with local Governments and community leaders around the Globe, promoting the cause of the GramGold project generally and our ATMs specifically . This project will succeed with the support of our investors.
How does the additional 10% Gold initiative work?
Whenever a registered purchaser buys the GramGold token from us i.e. after registration, three events take place. Firstly, they will receive the FULL amount of GramGold (GGT) tokens sent from us to their wallet Secondly upon receipt of an email from the purchaser confirming all relevant transaction details we will, within 48 hours of the email, purchase and store for them pure 24 carat certified gold at the rate of 10% of their total token spend for the relevant transaction, converted into dollar equivalent. The rate of ETH/USD conversion and then USD/GOLD conversion will be calculated on the day the Gold is bought using the ETH/USD & the relevant LBMA rate AM or PM for that day. The purchaser pays nothing for the gold which is stored by GramGold in an online vault on behalf of the customer. Thirdly GramGold will deposit the equivalent dollar or sterling value of the gold into a dedicated Bitcoin/Ethereum wallet to ensure that any mass withdrawals of gold are covered.
These FAQs are published here to help investors understand our project
Why is the GramGold token ie GGT not backed 100% by Gold?
Our token, GGT is 10% backed by goid initially. This percentage will rise over time as the GGT token becomes more established and we become established on the global scale. It is not possible to have a token 100% backed by Gold for many reasons, not least the cost of buying/storing/shipping gold. Any investor should be vary wary of any scheme claiming that their token is 100% backed by gold.
What you are proposing is a massive undertaking How can I be sure this will succeed ?
There are no guarantees of success anywhere in life With this project and any other any potential should examine the facts and weigh up the risks. Consider that firstly we are not a start-up ICO and have a proven track record in the business sector we operate in. The GramGold project is a natural extension of our operations. We have clearly examined the global need and demand for more honest, transparent and fairer gold markets whether for buying or selling, in local communities or on trading markets . The five key elements of the GramGold project ie the GGT token itself, the Augram scheme (buying /selliing storage of gold), the Audex (decentralized trading exchange), the Gramgold ATMs for recycling gold scrap and the GramGold Foundation are all designed to meet these identified global needs; ie the need to be able to buy gold at fair market prices without fear of being ripped off or scammed in the many ways we have outlined AND the need to be able to sell gold, whether in the form of scrap jewellery right through to bars and coins at the best possible market rates.
What is The GramGold Token ?
GramGold token (GGT) is a custom token developed on the Etherium blockchain as an ERC-20 Token. Besides being a tradeable asset it is 10% backed by Gold & will be used to fund, the AuGram Scheme, the Audex, the GramGold ATM and the GramGold Foundation. The percrentage of gold backing will increase in the future to 50% and 95% depending on the success of the GGT
What is the Augram Scheme ?
Quite simply its a gold purchase sale and storage facility. The AuGram scheme will facilitate the ownership of gold to our investors at correct, not over-inflated market prices & will enable consumers globally to buy, sell & store gold using cryptocurrency. So if you use our ATMs (see below) to buy gold from, the gold will be sold by us at the right, fair market rate, and stored by us on your behalf in secure insured vaults. If you buy the GGT token, 10% Gold on top of your token purchase will be stored on your behalf, in our vaults, yours to keep or sell at any time . The long-term objective of the Augram scheme is the construction of wholly-owned GramGold bullion vaults, in the UK
What is Audex?
Quite simply its a decentralized gold trading platform, linked to the Augram scheme. The Audex decentralized gold/cryptocurrency exchange.will be set up via smart contract to allow GramGold token holders and eventually any cryptocurrency holder to buy sell and exchange tokens and cryptocurrency on a decentrailzed trading exchange that will “scrape and aggregate daily gold prices from the major gold markets around the world without the penalties of heavy trading fees Gold & precious metals bought will be stored via the Augram scheme and can be sold from there also.
What is the the GramGold ATM ?
Simply put its an ATM that consumers can use to sell there physical gold at the best market prices. its worth remembering as have pointed out in the Whitepaper, that this market alone is worth $50billion annually .We are developing the GramGold ATM to ensure the customer receives the right price when buying & selling Gold. The only way to reduce the over-long & corrupt precious metal purchse & supply chains. Any customer will also be able to buy gold via the ATM, through the Augram schem and trade it on Audex.
What is the GramGold Foundation ?
The GramGold Foundation (The GGF) will not only promote all Gramgold schemes, including the Augram scheme, the Audex and the ATMs together with good buying/selling practices globally, ie to consumers and local economies alike, it will also provide training, & support to candidates selected to maintain the GramGold ATM. .
Why is there no Soft Cap in the ICO ?
As we are buying and storing gold on behalf of purchasers at the token sale stage and as we will be undertaking all developments as outlined in this white paper anyway a soft cap is simply redundant in this case. How far we get with our projects will be up to purchasers.
Your team looks small for such a large project . Why is this ?
Much like as any blockchain grows, or indeed any organization, our team will grow in line with the growth of the project . Many ICOs recently have stuffed their team pages full of advisers and personnel at the very beginning of the ICO only for investors to find out later on that personnel they have believed in and indeed invested in, have either never worked on the project or have left. We have taken the opposite approach. Our team are currently working on all aspects of the GramGold project and we are in talks with additional staff currently to meet future needs .
This Gold market revolution is a massive undertaking Do you have Government Support for this ?
No, there is no Government support schemes for this typoe of initiative however through our GramGold Foundation we will be in talk with local Governments and community leaders around the Globe, promoting the cause of the GramGold project generally and our ATMs specifically . This project will succeed with the support of our investors.
How does the additional 10% Gold initiative work?
Whenever a registered purchaser buys the GramGold token from us i.e. after registration, three events take place. Firstly, they will receive the FULL amount of GramGold (GGT) tokens sent from us to their wallet Secondly upon receipt of an email from the purchaser confirming all relevant transaction details we will, within 48 hours of the email, purchase and store for them pure 24 carat certified gold at the rate of 10% of their total token spend for the relevant transaction, converted into dollar equivalent. The rate of ETH/USD conversion and then USD/GOLD conversion will be calculated on the day the Gold is bought using the ETH/USD & the relevant LBMA rate AM or PM for that day. The purchaser pays nothing for the gold which is stored by GramGold in an online vault on behalf of the customer. Thirdly GramGold will deposit the equivalent dollar or sterling value of the gold into a dedicated Bitcoin/Ethereum wallet to ensure that any mass withdrawals of gold are covered.
February 20, 2018, 06:39:33 AM
Help us to understand your local market for gold visit https://t.co/5AR6jRq3Rj and see the results for yourself.
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