Yes we do, but we differ significantly from our competitors. So our advantages are next:
- Unique concept. We are the First payment gateway using gold-backed cryptocurrency.
- Existing business. 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. It has also launched a Gold ATM machine in Singapore.
- Puregold issues 2 tokens, called PGT for transactions; and PGG which is a cryptoasset backed by physical gold.
- With its extensive credentials and expertise in the gold business, the proceeds from the ICO will enable Puregold.sg to expedite its roadmap to achieve the vision of worldwide adoption of gold as the de facto international currency in all commerce transactions.
- 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.
- Hence, it has attracted likeminded business associates and experienced professionals with strong reputation to form the Puregold team to launch this ICO of PG tokens.
- Puregold is already registered (in Seychelles).