Topic: [ANN][ICO] Puregold - First Payment Gateway using GoldBacked cryptocurrency - page 43. (Read 11463 times)

Hello,
We accept Ethereum (ETH), will be also be accepting Bitcoin (BTC). As a successful business operator in Gold, Puregold is in a very strategic and pivotal
position to support a cryptocurrency supported by Gold  as well as to develop and expand a payment gateway with Gold as the currency. We are the First Payment Gateway using Gold backed cryptocurrency, PGG, and supported by PGT. With its experience in the gold price market, Puregold.sg stepped into the global arena of gold trading and electronic gold exchanges.

Hello! From this topic, i`ve rad you are planning to trade other cryptos. Do you plan po create your own exchange?

Hello,
You need to make sure that the contract address is correct. Please note that we do not share the contract address by email, social media or in any chat channels. Important note: do not use Ethereum wallet address from Exchanges to receive our Tokens.

Hi! I`ve stated wrong ETH address (from exchange not from wallet). Can i change it?

Hi,
Puregold.sg was established in 2010 as an e-commerce store selling value-added gold and silver coins and bars. Puregold.sg has won the Asia Pacific Top Excellence Brand year 2012. This prestigious award is presented by an influential regional business magazine, the Global Business Magazine. Puregold.sg, which is headquartered in Singapore, has offices and retail outlets in Vietnam, Malaysia and Indonesia.

As a successful business operator in Gold, Puregold is in a very strategic and pivotal position to support a cryptocurrency supported by Gold (hereafter termed as PGG) as well as to develop and expand a payment gateway with Gold as the currency. We are the 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.

Puregold Incorporation Ltd is registered in Seychelles and requires users to complete registration through a Know-Your-Customer (KYC) process prior to any token swap. This is in line with financial services best practices to verify users’ identity to prevent financial fraud, money laundering and terrorist financing.

Dear devs,
That would be great to hear your pros and cons for the backing up tokens by gold, so we all can be sure you are not scam please?

Hi,
Puregold.sg, has its headquarter in Singapore and retail outlets in Vietnam, Malaysia and Indonesia
Business Expansion is planned for 2018 year. Expansion of Company offices to philippines, Thailand, and many other countries.

Hi,
We accept Ethereum (ETH). You need to transfer ETH to the ICO contract address provided to you after you have registered. Please do not send any ETH from Exchanges - that is, do not use wallet addresses provided by Exchanges like Coinbase, Bittrex, Poloniex, Kraken, etc. You need to transfer ETH from your personal Wallet (for example: myetherwallet or imToken). This is because PGT will be swapped directly to the same wallet as ETH. In a while, we will be also be accepting Bitcoin (BTC)

Where is your office now? Do you have it?

I'm seeing the project and I like it. I can't buy tokens by bank transfer?

Hi,
The physical gold is 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. Also, Physical gold is locked-up in storage and rated according to its value:
1. Moody’s - A2 and above.
2. Standard & Poor's - A and above.
3. Fitch - A and above.
The Safe House SG Pte Ltd (TSH), is a vault and DUX testing facility in Singapore. TSH, a subsidiary of Silver Bullion Pte Ltd, eliminates middlemen and removes the inherent regulatory exposure that comes with storing at Western headquartered vaulting companies. This ISO 9001 certified vault can hold over 600 metric tons of silver, representing over 1 percent of global known above ground silver reserves, and 30 tons of gold and platinum. All S.T.A.R. Storage parcels are stored at TSH which also hosts vault safe deposit boxes. TSH has received excellent insurance inspector ratings enabling it to have one of the most comprehensive insurance policies in the industry (through a Lloyd’s of London underwriter), including protection from inside jobs (infidelity) and Mysterious Disappearances, the latter not typically provided by vaults.

Yes,It will start very soon. Thanks for your support!

How will you secure your gold that is backing up tokens?

Your ICO starting January 15? Then wish you a good luck!

Hi,
To foster a strong community of users for PGT, a large portion of our budget will go into marketing and geo-expansion of PG-Pay. Our aim is also to promote international and global acceptance of PG-Pay as a fast transacting and efficient payment method for digital gold transactions. Furthermore, asset caches have to be installed in major countries for fast cross border settlement.

You can check fund and budget allocations via following links:
https://puregold.io/images/chartBudget.jpg                         
https://puregold.io/images/chartFund.jpg

Where can i see the funds allocation of your project?

Hi,
The Pre - ICO was extended due to many requests from community which is about to end soon, with a 20% Bonus.

ICO itself starts on the 15th of January and ends on the 14th of March.
Week-1 : 10% Bonus
Week-2 : 5% Bonus
Subsequently : 0% Bonus

The information on the website is quite confusing. It says Pre-ico is LIVE now while according to the official dates the last day of pre-ico was 6 january...
What conditions are being applied now and what bonus is offered?

Hi,
PGT can be used to pay or offset transaction fees whenever the token holders perform any transactions on the Gold Commerce platform. These transactions could be buying of gold with fiat, selling of gold or making payments to merchants. It is intended that holders of PGT will benefit by being charged just 50% of the prevailing fees when PGT is used.PGG is a digitized gold issued by Puregold that uses the current price of gold set on the LBMA exchange at the time of swap.

From time to time, and at the discretion of the Puregold, PGT can be converted to PGG at a rate announced by Puregold at that point in time. It is expected that the retained earnings from Gold Commerce will increase the stockpile of gold held in storage which would increase the supply of PGG accordingly. PGT holders can also be rewarded with PGG by Puregold, in proportion to the amount of PGT they hold with time.

Hi,
The total number of PGT that we are offering for Pre-ICO and ICO is set at 50,000,000 tokens.