Amidst a general ebb in the ICO market, there are ones that compel us to sit up and take notice. While all the arguments about significance of crypto currency and its effect on the financial market are going on, this new ICO from Sudan Gold Coin seems to allay some apprehensions of investors. Few crypto currency enthusiasts would miss such an ICO. The Sudan Gold Coin ICO has come up with an unique element of guarantee in the form of physical gold.
Features of Sudan Gold Coin ICO• Perceptions about future valuation that drive crypto market and crypto ICOs have a tangible backing now. The Sudan Gold Coin ICO issues tokens to investors. These tokens have the backing of real gold. Lack of physicality that was the norm in crypto investment, is now gone for good.
• The ICO will help investors route their investment to production of physical gold in Sudan. This is a real mining and purification plant that will produce real gold. Even the land for the projected gold mining plant has been acquired by the project from the Sudanese Government by way of a Concession Agreement.
After the ICOIt is the stage after the ICO that investors are often hysteric about. What is going to happen next? As far as the Sudan Gold Coin project is concerned, it envisages incremental production of real gold from its Sudan plant. Once it starts producing gold, the same will be distributed among the investors to the extent of their investment. It is envisaged that the value of each coin which is 0.05 grams of gold during the ICO will continue to climb as the tokens would appreciate in value through quarterly distribution of physical gold mined through this plant. If you want to lay your hands on the gold physically, you can do that. Otherwise, you can accumulate it electronically and sell during trading in crypto currency exchanges. So, you continue to earn without any further investment since the tokens continue to appreciate in value through accumulation of real gold against each of them.
Guarantees That The Project OfferUncertainty is the only certainty in financial market, let alone the crypto currency environment. On any given day Bitcoin as well as other crypto currencies may experience extreme volatility in valuation. It is really difficult to keep a tab on your investment portfolio in such a situation. However, Sudan Gold Coin promises to be different. The ICO is different in its perspective of the future. It has built some promises into it.
• Gold mining promise
As you invest in the ICO and buy tokens, the project owes you 0.05 grams of Gold for every token. What is more, the company is obliged to mine at least that amount of gold before expiry of first 10 months of the ICO.
• Instant Profit
You can make instant profit since each token from the ICO is worth 0.05 grams of Gold. However, the price of gold in the market is higher. So you can make instant profit.
• The Promise Of Price
After the first phase of distribution of gold is over, the demand for tokens is bound to increase. People would like to acquire such tokens since there is a build in system of more gold being mined against each currency. This itself would provide the required impetus to the tokens and their price would increase. There is likely to be a dramatic rise in demand for Sudan Gold Coin leading to rise in its price.
• Security
The tokens issued against investment in the ICO are safely stored with a Swiss Company called Netarc AG. FINMA, the official Swiss regulatory authority, is due to grant legal permission to the Sudan Gold Coin company to conduct its ICO after going through the Project in detail and conducting an audit of it. So the safety of your investment is more or less guaranteed by an internationally recognized authority. In fact, it is protected by Swiss regulation.
• The promise of gold
While your investment is safe as SGC tokens in Switzerland, your money is working to mine gold in far-away Sudan. Even the site for the gold mining plant is given by the Government of Sudan.
• Safe deposit of gold
Even the mined gold is safely deposited in Dubai. You can also request for physical delivery of the gold from Dubai. If you need to sell them, they can do it for you.