Topic: [ANN][PRE-ICO]GID COIN - World-First Cryptocurrency covered by Diamonds and Gold (Read 1409 times)
August 23, 2018, 11:45:08 AM
Russian translation of Whitepaper finished: www.bit.ly/2LnJyW1
August 16, 2018, 12:46:00 AM
a promising project. and this is also a very viable project to gain much support. and at least support provided this could make all the team much more excited again in developing the project.
we all definitely look forward to the good news from this project expecting that in the future this project can be successfully developed and get satisfying results as targeted, hopefully all will be able to go according to plan and success achieved by this project. August 16, 2018, 12:35:34 AM
a promising project. and this is also a very viable project to gain much support. and at least support provided this could make all the team much more excited again in developing the project.
we all definitely look forward to the good news from this project expecting that in the future this project can be successfully developed and get satisfying results as targeted, hopefully all will be able to go according to plan and success achieved by this project. August 13, 2018, 10:58:54 PM
a promising project. and this is also a very viable project to gain much support. and at least support provided this could make all the team much more excited again in developing the project.
August 09, 2018, 10:00:35 PM
a big project. the concept of being offered very attractive. I hope the project can progress rapidly in the future.
all would expect the same thing about this project, in the future it could achieve success but it all also depends on the team involved in this project, if they all always work together and their exact compact for success will no doubt be achieved. 
August 09, 2018, 09:58:08 PM
Let's follow the development of this project in the future and hopefully there's a good progression, so that more and more investors who also join this project.
August 09, 2018, 09:50:16 PM
a big project. the concept of being offered very attractive. I hope the project can progress rapidly in the future.
August 06, 2018, 12:34:35 AM
Awesome and great project.. 
ya. let's quickly investSupported and guaranteed by Blockchain is GidCoin. Coin, this value will always grow or stabilize during financial depression and its value is free from rumors and decisions of the state.
August 05, 2018, 11:46:05 AM
Awesome and great project..
August 03, 2018, 10:07:38 PM
GID COIN
WORLD-FIRST CRYPTOCURRENCY COVERED
BY POLISHED DIAMONDS AND GOLD BULLIONS
WORLD-FIRST CRYPTOCURRENCY COVERED
BY POLISHED DIAMONDS AND GOLD BULLIONS
https://gidcoin.io/wp-content/uploads/2018/06/045-facebook.png https://gidcoin.io/wp-content/uploads/2018/06/013-twitter-1.png https://gidcoin.io/wp-content/uploads/2018/06/telegram.png https://gidcoin.io/wp-content/uploads/2018/06/031-linkedin.png https://gidcoin.io/wp-content/uploads/2018/06/026-medium.png https://gidcoin.io/wp-content/uploads/2018/06/024-reddit.png https://gidcoin.io/wp-content/uploads/2018/06/039-github.png
WHITEPAPER | BOUNTY | AIRDROP
INVEST INTO COIN, WHICH:
Backed by real assets, which are secured and insured in vaults of well-known banks all over the world;
Value is free from rumours and decisions of the countries;
Value is always growing or stable during financial depressions.
Backed by real assets, which are secured and insured in vaults of well-known banks all over the world;
Value is free from rumours and decisions of the countries;
Value is always growing or stable during financial depressions.
GID Coin is an international cryptocurrency covered by
two most valuable precious goods in the world (Diamonds & Gold),
powered and secured by Blockchain.
two most valuable precious goods in the world (Diamonds & Gold),
powered and secured by Blockchain.
GID Coin is hybrid token (Payable/Asset) which is covered by real assets, secured in bank vaults.
New company will be based in Switzerland (Zug/Ticino) and operate according to FINMA Guidelines
CLOSED PRE-SALE IS FINISHED!
ATTENTION!!! ATTENTION!!!
ADDITIONAL SALE OF GID COINS!!!
WE SELL TOKENS WHICH WORTH 100 ETH!!!
1 INVESTOR = 1 ETH = 50 GID COINS (including 35% of bonus)
Please follow the link, fulfill the form and wait for invitation!
https://docs.google.com/forms/d/e/1FAIpQLSdUp5m6ea_AlIsEl67-KPFQNqvCZh5Q3yzIegqOBZnsoR8k8Q/viewform?usp=sf_link
ONLY 100 SLOT! TAKE YOURS! DON'T BE LATE!
ADDITIONAL SALE OF GID COINS!!!
WE SELL TOKENS WHICH WORTH 100 ETH!!!
1 INVESTOR = 1 ETH = 50 GID COINS (including 35% of bonus)
Please follow the link, fulfill the form and wait for invitation!
https://docs.google.com/forms/d/e/1FAIpQLSdUp5m6ea_AlIsEl67-KPFQNqvCZh5Q3yzIegqOBZnsoR8k8Q/viewform?usp=sf_link
ONLY 100 SLOT! TAKE YOURS! DON'T BE LATE!
PRE-ICO IS COMING SOON!
Actual from 18th of July to 30th of August 2018
9'500'000 GIDe Coins on SALE
Discount - 20%
Register at our website www.gidcoin.io and invest
AirDrop campaign instructions are here: www.gidcoin.io/airdrop
Bounty campaign instructions are here: www.gidcoin.io/bounty
All questions, including referral program you can address to [email protected]
All questions about Bounty you can address to [email protected]
COIN PRICING
- At ICO launch the GID price will be average $20 which can vary during the crowd-sale due to the revisions in the exchange rate;
- ICO investors are given GIDe (GID pre-launch) tokens that can be converted to GID after company has secured enough Polished Diamonds and Gold Bullions;
- GIDe tokens will be moved to New Blockchain (GDP – Gold and Diamonds Platform) platform and converted into GID in a 1:1 proportion;
- Soft cap for ICO is USD 40’000’000,00. If less than that is raised, the investors receive their funds back;
- Hard cap for ICO is USD 490’000’000,00;
- GIDe tokens are released when tokens are distributed around one month after ICO ended.
GENERAL SCHEME OF PROCESS
COIN VALUE
PGID = 0,5*(Vd*PmR+Vg*PmLBMA)/VGIDT
PGID – Smart Token (GID) priceVd – Volume of Secured diamonds, owned by company
PmR – Monthly Price of diamonds (according to Rapaport)
Vg – Volume of Secured gold, owned by company
PmLBMA – Monthly Price of gold (LBMA)
VGIPT – Smart Token Total Volume (GIDs total Volume)
CORE IDEA
There are two ways of work for the company:
- to buy final product (polished diamonds and bullions) from the producers and miners;
- to arrange whole process from the very beginning, use less money and to take bigger profits.
Use funds in the following proportion – 30% of budget goes for the purchase of the final product.
The rest 70% will be used for the production which will include the following processes:
For diamonds:
For gold:
The second way will be done in 2 stages.
Firstly, we buy rough diamonds and gold from the miners in Africa, Russia or Canada. Export them from the country of origin to cutting workshop or gold refinery, then put to the vault for safekeeping.
ROADMAP
INFORMATIONAL PARTNERS
https://gidcoin.io/wp-content/uploads/2018/04/Rapaport2-1.pnghttps://gidcoin.io/wp-content/uploads/2018/04/What-is-the-LBMA.png
Rapaport Diamond Report and London Bullion Market Association give the exact value of goods stored in vaults on monthly basis.
BANK VAULTS
https://gidcoin.io/wp-content/uploads/2018/04/JPMorgan_logo.pnghttps://gidcoin.io/wp-content/uploads/2018/04/logo-santander.pnghttps://gidcoin.io/wp-content/uploads/2018/04/UBS_LOGO.pnghttps://gidcoin.io/wp-content/uploads/2018/04/creditsuisse.png
All Polished Diamonds and Gold Bullions will be secured in the vaults of the presented banks
SECURITY COMPANIES
https://gidcoin.io/wp-content/uploads/2018/04/Malca-Amit-Logo.pnghttps://gidcoin.io/wp-content/uploads/2018/04/ibrinks-1.png
Safety of all movements of assets between different destinations will be provided by presented security companies
SUPPLIERS
https://gidcoin.io/wp-content/uploads/2018/04/678587155_alrosa-300x196-1.pnghttps://gidcoin.io/wp-content/uploads/2018/04/Lucara_Diamond_logo-July-7-2014-800-1497524273.pnghttps://gidcoin.io/wp-content/uploads/2018/04/gg_logo.png
Following companies provides us with Diamonds and Gold
GOLD REFINERIES
https://gidcoin.io/wp-content/uploads/2018/05/Cendres-Metraux.pnghttps://gidcoin.io/wp-content/uploads/2018/05/logo_lorfebre.png
Strategic partners for Gold Processing
OUR CRYPTO PARTNER
With cooperation with Revolut online bank, which is highly involved into cryptocurrency business
we prepared personal MC Credit Card Black for the holders of our GID Coins
we prepared personal MC Credit Card Black for the holders of our GID Coins
JOIN US:
https://gidcoin.io/wp-content/uploads/2018/06/045-facebook.png https://gidcoin.io/wp-content/uploads/2018/06/013-twitter-1.png https://gidcoin.io/wp-content/uploads/2018/06/telegram.png https://gidcoin.io/wp-content/uploads/2018/06/031-linkedin.png https://gidcoin.io/wp-content/uploads/2018/06/026-medium.png https://gidcoin.io/wp-content/uploads/2018/06/024-reddit.png https://gidcoin.io/wp-content/uploads/2018/06/039-github.png
WHITEPAPER | BOUNTY | AIRDROP
August 03, 2018, 04:10:38 AM
The GID Coin whitepaper has been translated into Dutch and can be found at https://drive.google.com/open?id=1YcHr5BFk4SwgTuJAVhk3Hemv6HPa-EfL
August 01, 2018, 05:01:08 AM
ATTENTION!!! ATTENTION!!!
ADDITIONAL SALE OF GID COINS!!!
WE SELL TOKENS WHICH WORTH 100 ETH!!!
1 INVESTOR = 1 ETH = 50 GID COINS (including 35% of bonus)
Please follow the link, fulfill the form and wait for invitation!
ADDITIONAL SALE OF GID COINS!!!
WE SELL TOKENS WHICH WORTH 100 ETH!!!
1 INVESTOR = 1 ETH = 50 GID COINS (including 35% of bonus)
Please follow the link, fulfill the form and wait for invitation!
August 01, 2018, 04:59:10 AM
The GidCoin ANN has been translated into Dutch and can be found at: https://bitcointalksearch.org/topic/annpre-icogid-coin-s-werelds-1e-cryptovaluta-gedekt-door-diamanten-en-goud-4795414
July 30, 2018, 01:48:54 AM
I see a successful pre-sale period. Congrats to the GidCoin team.
GidCoin offers Investments to tokens GidCoin is very profitable because it is protected by real assets, which are guaranteed and insured.
GidCoin offers Investments to tokens GidCoin is very profitable because it is protected by real assets, which are guaranteed and insured.
July 28, 2018, 12:54:08 PM
GID Coin is listed on CryptoStills
Coming in at a Silver podium position
• Full project presentation
• Full media linking
• Continuous Twitter news updates
• Moderated discussions
Coming in at a Silver podium position
• Full project presentation
• Full media linking
• Continuous Twitter news updates
• Moderated discussions
July 20, 2018, 06:55:16 AM
looks will be a great and profitable project. protected by the real assets of diamonds and gold, and insured in bank safes will make investors more trust and invest. success for your token sale and I hope to participate in your bounty campaign.
Welcome to bounty - https://bitcointalk.org/index.php?topic=4685008%F0%9F%8E%81
July 20, 2018, 06:44:19 AM
looks will be a great and profitable project. protected by the real assets of diamonds and gold, and insured in bank safes will make investors more trust and invest. success for your token sale and I hope to participate in your bounty campaign.
July 20, 2018, 05:49:22 AM
It is an interesting product have, but in the end you still have to rely on the banking system, which is something that crypto to some degree is meant to avoid. What are the escrow fees banks charge for storing the diamonds?
That's why we are starting business in Switzerland, where FINMA somehow regulates the crypto and the transactions.
Yes, there are some problems with Diamonds. Banks don't like them, cause it takes time to evaluate them correctly. The scale of Rapaport is big enough so the escrow fees differ. For small stones we pay, for bigger stones some banks ready to pay themselves to us, if stones are extraordinally or they are interested in them to enhance their portfolio. That's why we are mixing diamonds with gold, cause banks like gold very much.
For the first steps Gold will be stored in Swiss banks (UBS and Credit Suisse), diamonds will be at Santander and JP Morgan. They are more interested in storing diamonds in their vaults. At the next steps Swiss banks will be ready to go with diamonds, when Gold & Diamonds SA (New company for GID Coin) will get good profile with gold.
The plan is to tokenize diamonds and gold, put the underlying diamonds and gold in escrow, generate a certificate and let the tokens trade freely on the market?
Yes, correct. If you can check the WP – you see the plan-scheme and formula of working: ½ of funds are always in operations. Another ½ secured in vaults as a back up of the token. Real business is working, annually brings new assets to the vault, company makes revealing of secured products and the price of it on quarterly, then monthly basis. So everyone knows how much Coin costs. Additional value to the Coin can be given by high demand or speculation of exchanges. Btw, everyone know the real price of Coin
Certificates aren't as beautiful as the diamonds themselves
I know when it comes to oil it's normal to trade certificates, but don't people who trade diamonds rather want those diamonds be physically present?I think that I missedunderstood your termin "Certificate" in this issue. All assets will be real, touchable (I wish to conclude with banks to make a tour for the biggest investors to the vaults 1 time per month) and fully owned by the company, so it means that capitalization of the GID Coin company will be fully backed by Diamonds and Gold in vaults, cause exactly this assets will give possibility to take overdraft for business, to back Coin and to go to IPO.
They will be real, but they won't be in the hands of their investors. They are stored in a safe in a bank. What if I am in another country and want to sell my diamonds right in that moment? Can I transfer a certificate to someone else?
So just sell you coin to somebody or exchange it to fiat. As I told you earlier - we will publish on quarterly basis the minimum cost of the Coin. So exchanges will focus on it, it can be higher only if will be high demand or immediate changes on gold or diamond market.
That means while I hold a certificate I can't be absolutely sure that the bank lives up to its promises and safeguards the underlying?
Hmm ) I think if we are talking about UBS, Credit Suisse, JP Morgan, Santander and Deutsche banks you can be sure that all promises are real. Maybe you can't ask me to give you diamonds or gold which equal to amount of your token, but also you can't come to Fortnox or any other Central bank of the country and claim your gold)). We can buy back your token or help you to sell it. You have to understand, that yet I can't legally connect gold and diamonds with crypto, cause there is no such a law. But I can give you minimum price of the token according to my assets in vaults.
Yes but that still means that there will always be a good amount of trust involved in the business relationship.
Basically all crowdfundings (not only ICOs) - have good amount of trust involved.
July 19, 2018, 07:32:56 PM
It is an interesting product have, but in the end you still have to rely on the banking system, which is something that crypto to some degree is meant to avoid. What are the escrow fees banks charge for storing the diamonds?
That's why we are starting business in Switzerland, where FINMA somehow regulates the crypto and the transactions.
Yes, there are some problems with Diamonds. Banks don't like them, cause it takes time to evaluate them correctly. The scale of Rapaport is big enough so the escrow fees differ. For small stones we pay, for bigger stones some banks ready to pay themselves to us, if stones are extraordinally or they are interested in them to enhance their portfolio. That's why we are mixing diamonds with gold, cause banks like gold very much.
For the first steps Gold will be stored in Swiss banks (UBS and Credit Suisse), diamonds will be at Santander and JP Morgan. They are more interested in storing diamonds in their vaults. At the next steps Swiss banks will be ready to go with diamonds, when Gold & Diamonds SA (New company for GID Coin) will get good profile with gold.
The plan is to tokenize diamonds and gold, put the underlying diamonds and gold in escrow, generate a certificate and let the tokens trade freely on the market?
Yes, correct. If you can check the WP – you see the plan-scheme and formula of working: ½ of funds are always in operations. Another ½ secured in vaults as a back up of the token. Real business is working, annually brings new assets to the vault, company makes revealing of secured products and the price of it on quarterly, then monthly basis. So everyone knows how much Coin costs. Additional value to the Coin can be given by high demand or speculation of exchanges. Btw, everyone know the real price of Coin
Certificates aren't as beautiful as the diamonds themselves
I know when it comes to oil it's normal to trade certificates, but don't people who trade diamonds rather want those diamonds be physically present?I think that I missedunderstood your termin "Certificate" in this issue. All assets will be real, touchable (I wish to conclude with banks to make a tour for the biggest investors to the vaults 1 time per month) and fully owned by the company, so it means that capitalization of the GID Coin company will be fully backed by Diamonds and Gold in vaults, cause exactly this assets will give possibility to take overdraft for business, to back Coin and to go to IPO.
They will be real, but they won't be in the hands of their investors. They are stored in a safe in a bank. What if I am in another country and want to sell my diamonds right in that moment? Can I transfer a certificate to someone else?
So just sell you coin to somebody or exchange it to fiat. As I told you earlier - we will publish on quarterly basis the minimum cost of the Coin. So exchanges will focus on it, it can be higher only if will be high demand or immediate changes on gold or diamond market.
That means while I hold a certificate I can't be absolutely sure that the bank lives up to its promises and safeguards the underlying?
Hmm ) I think if we are talking about UBS, Credit Suisse, JP Morgan, Santander and Deutsche banks you can be sure that all promises are real. Maybe you can't ask me to give you diamonds or gold which equal to amount of your token, but also you can't come to Fortnox or any other Central bank of the country and claim your gold)). We can buy back your token or help you to sell it. You have to understand, that yet I can't legally connect gold and diamonds with crypto, cause there is no such a law. But I can give you minimum price of the token according to my assets in vaults.
Yes but that still means that there will always be a good amount of trust involved in the business relationship.
July 18, 2018, 07:45:14 AM
it is clear this will be a great project. clear project flow, transparent road map and already partnering with international banks would be an attraction for investors. success for your token sales, good luck reaching the target.
Thank you!
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