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Topic: [ANN][ICO] Puregold - First Payment Gateway using GoldBacked cryptocurrency - page 54. (Read 11461 times)

newbie
Activity: 82
Merit: 0
If you plan to expand, then every country and/ or Unions (like EU) has its perculiarities in law, people's habits and readiness of the market to accept the ideas. Did you have some 'differences'? How have you solved it?
newbie
Activity: 70
Merit: 0
GoldBacked? What does it mean?
Hi,

The advantages of using Gold as currency over traditional fiat currencies are numerous. Today a transaction between persons residing in different countries can still take several days and also cost the parties a significant share of the money transferred (the average cross border transaction fee is 7.45%) as each party of the transfer chain, of which there are many, requires a small margin for their efforts. This can now be done in seconds using GoldBacked cryptocurrencies via the blockchain for practically zero cost and more securely than ever before. Even those with a strong interest in new technology and better ways of conducting transactions, Gold is still perceived as a stable and reliable investment instrument. The single most important step in moving benefits from the conceptual into the practical mainstream is to enable people to use Gold in the same way as they can with any other currencies.
copper member
Activity: 205
Merit: 2
GoldBacked? What does it mean?
newbie
Activity: 70
Merit: 0
Do you have an app ?

Not yet, we are planning to launch it in 2018.

And will there be a desktop version on the app?
Hi,

We think about desktop version.
newbie
Activity: 97
Merit: 0
Do you have an app ?

Not yet, we are planning to launch it in 2018.

And will there be a desktop version on the app?
newbie
Activity: 70
Merit: 0
What is your gold price based on?

Hi,
Value depends on gold price based on LBMA.

Why on LBMA? not another exchanges?
Hi,

The LBMA has developed over hundreds of years and stands at the centre of the world bullion market.
member
Activity: 84
Merit: 10
What is your gold price based on?

Hi,
Value depends on gold price based on LBMA.

Why on LBMA? not another exchanges?
newbie
Activity: 70
Merit: 0
What`s the relation between PGG and PGT coin?

Hi,
Valuation of PGT depends on turnover of PGG and PGPay. From time to time, and at the discretion of the Puregold, PGT can be exchanged for PGG at a rate announced by Puregold at that point in time.
newbie
Activity: 70
Merit: 0
You will have your own PGcards? What are the benefits?

Hi,
Yes, we will. PG Stored Value Cards – to be issued to consumers with PG account The PG card is the physical multi-currency (fiat and cryptocurrencies) wallet which can be loaded with cryptocurrencies via the PG Payment Terminals or PG Gold Dispenser Teller Machines (DTM), which are connected to the Puregold platform. The PG card also facilitates payments via cryptocurrencies held in the card through NFC and contactless technology. This will come in very handy in the event of theft of the mobile phone or loss of battery or no service coverage.
newbie
Activity: 70
Merit: 0
What does PGG token grants the right to receive for investors ?

Hi,
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. At some point in time we will allow you to change your PGT to PGG. Basically you will be able to get gold if you have PGG. PGG = cost of 1 gram of gold + 5% commission for fiat.
member
Activity: 112
Merit: 10
You will have your own PGcards? What are the benefits?
member
Activity: 84
Merit: 10
What does PGG token grants the right to receive for investors ?
newbie
Activity: 70
Merit: 0
Could you please tell more about your plans for expansion for the project? Which region will be next for launching?

Hi,
The next region we are planning to expand to will be Indonesia and Thailand and we are not planning to stop. We are also planning to establish PG-Pay as the World's Leading Digital-Gold Payment Gateway in 2018. We are also launching IPO in 2019 to gain credibility and ultimate trust from the public.
member
Activity: 84
Merit: 10
How can I contact you ?
newbie
Activity: 70
Merit: 0
What is your target market?

Hi,
You can find that information in the White Paper, these are cryptocurrency traders, standard investors, e-commerce and self-employed individuals.
newbie
Activity: 70
Merit: 0
I cannot believe that your ATM will dispense real gold. Why would you do that???

Hi,
So people could withdraw gold and use it when they need it. We have gold ATM launched in Singapore.
member
Activity: 182
Merit: 10
Could you please tell more about your plans for expansion for the project? Which region will be next for launching?
newbie
Activity: 70
Merit: 0
What is your gold price based on?

Hi,
Value depends on gold price based on LBMA.
newbie
Activity: 70
Merit: 0
The Safe House will be well secured?

Hi,
Yes, certainly it will.
So 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.
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