With the future of money moving in the direction of cryptocurrency, the surest form of investment that can guarantee an almost impenetrable investment plan would be a cryptocurrency backed by Gold. Guess what, it already exist and is thriving.
The attention of a wide audience is offered to the digital currency Karat Bank Coin (KBC), which is a reliable and stable electronic payment instrument, because it is backed by gold; one of the most traditional, secure and constant resource’s in terms of price as an asset. It is clear that this currency is designed for those users for whom gold is the equivalent of financial stability and success.
The exchange of this digital asset is easy, cost-effective, reliable and ongoing online. The coin compares favorably with its volatile “counterparts” by the predictability of the exchange rate, since the cost of the metal is quite stable. And this factor will also work to increase its value.
KaratBank Coin is a blockchain-based crypto coin that’s linked physically to the deposited gold; once the coin is linked to a specific weight of gold, it’s called CashGold. A specific number of KaratBank Coins can be exchanged for CashGold at any given time. In simple words, these crypto coins will be used as an electronic payment for everyone who knows that gold is a true, secure, traditional, value-stable medium. The best part is that this coin can be seamlessly exchanged for cryptocurrencies and fiat currencies worldwide—the exchangeability of this crypto coin will definitely fuel its value.
Talking of this crypto asset’s exchangeability, we can’t fail to mention that it’s designed to be easily transferred borderless, securely, cost-efficiently, and in real time. While every digital currency value is quite unpredictable, KaratBank Coin is different in a good way. That’s because this digital currency’s value is predictable as the gold’s value has a rich tradition of remaining stable; for this reason, the volatility factor associated to this crypto coin goes out the window. And this feature will definitely boost this coin’s market value to a whole new level.
Introduced in 2018, the KaratGold Coin (KBC) is linked to physically deposited gold in the form of CashGold, a gold standard. KBC was created by the KaratGold Cooperation, a world renowned Cryptocurrency giant, in order to address the inefficiencies and fragmentation of the existing payment system. Karatgold (KBC), together with the KaratGold Ecosystem, has been developed as a globally workable financial solution that is connected to gold.
Some of the most compelling investment features of the coins are stated below:
Today 100 KBC coins cost $4 – $7 (.04 -.07 cents per coin), and today 1 Gram of Gold is $41-$45, with the price of gold projected to go up.
On July 4, 2019, for every 100 KBC coins, you will get 1 Gram of Gold. This is unprecedented, as for the first time in history there is a Guarantee in writing that a Cryptocurrency is backed by a true tangible asset – 24K, 999.9% gold.
On October 2019, there would be a favourable Hard Fork for investors, as: The KBC and KCB will merge into one coin, the new Gold Standard Coin (GSC).
Every 1 KBC coin will convert to 1 GSC coin (EX: 1,000 KBC = 1,000 GSC coins).
In 2023, every one coin will = 1 gram of gold. If you don’t trade your coins in until then, you will have 1,000 grams of gold, and at today’s price, 1 gram of gold is about $45. Even if the price of gold stays the same as a today, in 2023 you would have 1,000 X $45 or $45,000, for an investment today of just $40-$50.
Referral Bonus also exists and are fully optional.