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Topic: [ANN][ICO] Puregold - First Payment Gateway using GoldBacked cryptocurrency - page 67. (Read 11461 times)

newbie
Activity: 70
Merit: 0
Do you have Telegram channel only in English? Any other languages?

Hi,
We do have telegram chanel https://t.me/joinchat/G6LYPxIjyzw5AOX7f1BVRw
newbie
Activity: 70
Merit: 0
Users expect payment systems to be convenient. You have Gold ATM machine in Singapore. Anywhere else?
Not yet.
newbie
Activity: 70
Merit: 0
Hello. What are soft and hard cap during the ICO? I can't find this information.
We are offering 10,000,000 (10 million) tokens during the pre-ICO.
member
Activity: 154
Merit: 10
You have 2 tokens, called PGT for transactions; and PGG which is a cryptoasset backed by physical gold. Can you tell more about their interaction?
newbie
Activity: 70
Merit: 0
Hi. I have eth in my exchange platform. Can i send it from there?
Yes, you can
newbie
Activity: 70
Merit: 0
Users expect payment systems to be convenient. You have Gold ATM machine in Singapore. Anywhere else?
member
Activity: 84
Merit: 10
Hi. Where is information about your advisors and partners? I did not find it.
newbie
Activity: 56
Merit: 0
It is good that your Cryptocurrency is Gold-Backed. Gold means reliability. Did you have cases that someone gave you your crypto back and got a portion of gold from you?
member
Activity: 182
Merit: 10
Hello. What are soft and hard cap during the ICO? I can't find this information.
full member
Activity: 756
Merit: 108
member
Activity: 112
Merit: 10
Do you have Telegram channel only in English? Any other languages?
newbie
Activity: 84
Merit: 0
Hi. I have eth in my exchange platform. Can i send it from there?
newbie
Activity: 70
Merit: 0
You have in ANN two pictures of the money distribution. I do not quite understand which of them is relevant.
You mean Budget and Use of Funds? They are two relevant.
newbie
Activity: 70
Merit: 0
Hello guys
I would very much like to see a more detailed road map with exact dates.

More detailed roadmap in WP https://puregold.io/doc/Puregold%20ICO%20White%20Paper%20v0.24.pdf in section 7
member
Activity: 140
Merit: 10
Hello guys
I would very much like to see a more detailed road map with exact dates.
member
Activity: 153
Merit: 10
You have in ANN two pictures of the money distribution. I do not quite understand which of them is relevant.
newbie
Activity: 70
Merit: 0
Hi there! Nice project you have, but what will happen to my contribution, if you do not collect the required amount?

Hi,
We are confident that we will be able to get the amount. In other case, we will continue to launch our PG PAY platform and list on the exchange. The project will go on at a managed pace.

Is that to say that you will prolong ico? Is there a chance to lower minimum from 3 eth to have more investors?
No, there is no need to make lower minimum, because there is several hours Pre-ICO left. ICO will start 15 January and will lasts for 2 mounth, so we have so much time to collect required amount.
member
Activity: 108
Merit: 10
Hi there! Nice project you have, but what will happen to my contribution, if you do not collect the required amount?

Hi,
We are confident that we will be able to get the amount. In other case, we will continue to launch our PG PAY platform and list on the exchange. The project will go on at a managed pace.

Is that to say that you will prolong ico? Is there a chance to lower minimum from 3 eth to have more investors?
newbie
Activity: 70
Merit: 0
What components will your platform be supported with?
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
newbie
Activity: 70
Merit: 0
Hello! What services your platform will be capable of?

Hi,
Our aim is to promote international and global acceptance of PG-Pay as a fast transacting and efficient payment method for digital gold transactions. 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 ransferred (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 Gold backed cryptocurrencies via the blockchain for practically zero cost and more securely than ever before.
Puregold is building Gold Commerce Platform for a digital Gold payments era. People will be able to store, spend and exchange Gold in the same way as they could any other currency, but in a quicker, cheaper and more secured environment than what is available now in traditional bank or fiat currency. The Gold Commerce Platform will be the decentralized core that interlocks the restricted financial world we live in today with a futuristic Gold economy with limitless and borderless opportunities.
Puregold will take full advantage of this global contactless phenomenon, but instead of using traditional payment cards with fiat currencies, we will use personal smart phones as the medium for digital gold payments. We can skip generations of dedicated development by some of the biggest companies in the world, and adapt that technology to the Gold currency era within months, not decades.

Hello, you mention average cross border transaction fee is 7.45%. What is your estimated fee?
Payer does not need to pay a transaction fee when paying a merchant or
business entity for products and services, and the exchange rate of gold
vs currency, e.g. Gold/SGD, is at Spot Price.
From Payee’s point of view:
 Payee pays a transaction fee of 1%. This is akin to purchasing gold at 1%
above Spot Price, which is extremely attractive.
Result: A win-win situation for all parties
Many businesses and merchants have indicated keen interest to come onboard the
Gold Commerce Platform to offer their products and services and accept payment
via PG Pay.
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