Project Overview

GID Coin (GID)

World-first Cryptocurrency covered by Polished Diamonds and Gold Bullions

Ticker

GID

Country

Switzerland

Industries

Website

Contact Email

ot@gidcoin.io


White paper

Platform

Total Supply

50000000 GID


Social Media

Twitter

Facebook

LinkedIn

Medium

Bitcointalk

Telegram

Google Plus

Slack

YouTube Channel

Discord

Steemit

Project Description


Description

World-first Cryptocurrency covered by Polished Diamonds and Gold Bullions.

Invest into Coin which:

– covered by real assets, which are secured and insured in vaults of the well-known banks;

– value is free from rumours and decisions of the countries;

– value is always growing or stable during financial depressions.

 

GID Coin has to become an international currency covered by two most valuable precious goods in the world, powered and secured by Blockchain.

GID Coin will be related with the real business concerned with mining and procession of diamonds and gold.

Team of GID Coin are professionals with 8 years of experience in diamond business and 5 years in golden business. Have broad connections in Africa, Russia and Canada. Working very close with miners of gold and rough diamonds (governmental and private) have connections with Belgian and Israel cutters of diamonds and also have connections with gold refineries in Austria, UAE and Andorra.

GID Coin is supported by well-known persons, which are Advisors of the ICO.

GID Coin value is covered by polished diamonds and gold bullions. Two most expensive natural resources in the world. In case that gold in equation weight=price loosing to polished diamonds, so the proportion of diamonds/gold looks like 2/1. It means that 2/3 of investments always will be spent on polished diamonds and 1/3 on gold kilobars. Hereinafter we can give you short description of the pricing and evaluation of them.

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.

Proportion will be as follows – 30% of budget goes for the purchase of the final product and the rest 70% will be used for the full cycle of production.

On second stage we invest into mining site in Africa (Angola – primary, secondary –  Botswana or Namibia) as private entity and begin to produce rough diamonds and gold ourselves. For our luck rough diamonds and gold are based at the same territory, so there is no need for separate mining sites. Everything goes from the one land

 

PGID = 0,5*(Vd*PmR+Vg*PmLBMA)/VGIDT  ,

where:

PGID – Smart Token (GID) price

Vd – 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 diamonds (according to London bullion market (LBMA))

VGIPT – Smart Token Total Volume (GIDs total Volume)

 

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 secure enough polished diamonds and gold bullions;
GIDE tokens will be moved to new blockchain platform and converted into GID in a 1:1 proportion;

Advantages of using DGP rather than Ethereum are as follows:

Safer — DGP blockchain uses its own coins rather than Turingcomplete smart contracts.
Fungible — DGP uses Point-of-Stake (PoS), and since it relegates its platform to GID transactions alone (rather than to additional ICOs) processes your transactions faster.
Cheaper — There is no commissions for small transactions (not more than $1000).

ICO Overview

Ticker

GID

Base Price Pair

USD

Accepted Payment Methods

BTC, ETH, FIAT

KYC/Whitelist

KYC & Whitelist

Restricted Countries

None

Bounty Program


Airdrop Overview

Current Status: Ongoing

  • Description
  • 1) You need ETH wallet (MEW, ERC20 wallets). 2) To receive first 0,25 GID Coin, join our Twitter channel (@gid_coin) 3) To receive second 0,25 GID Coin join Telegram channel (@gidcoin) 4) Fill the AirDrop form at https://gidcoin.io/airdrop/
  • Amount Available
  • Start Date
  • End Date
  • 30000 GID
  • May 11, 2018
  • November 30, 2018

Private-Sale Overview

Current Status: Complete

  • Private Sale Price
  • Private Sale Goal
  • Private Sale Min Contribution
  • Private Sale Available for Sale
  • 35000000 USD
  • 100 USD
  • 2500000 GID
  • Private Sale Start Date
  • Private Sale End Date
  • May 1, 2018
  • June 18, 2018

Pre-Sale Overview

Current Status: Upcoming

  • Price
  • Goal
  • Minimum Contribution
  • Available for Pre-Sale
  • 0.03 USD
  • 3 USD
  • 40000000 USD
  • 7000000 GID
  • Pre-Sale Start Date
  • Pre-Sale End Date
  • July 18, 2018
  • August 30, 2018

Public Sale Overview

Current Status: Upcoming

  • Public Sale Price
  • Available For Sale
  • 20 USD
  • 15000000 GID
  • Start Date
  • End Date
  • October 18, 2018
  • December 30, 2018
group

Team Members

Oleg Tkachev

CEO & Founder

Alex Konviser

Business Development Director

Slava Sokoltsov

ICO Development Director

Evan Kirstel

Public Relations Director

Marsel Ibrahimov

Head of IT Development

school

Project Advisors

Roderich Hess

Gold Processing Advisor

Carlos Creus Moreira

Blockchain Advisor

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I just published “As you know we have informational partners, which will evaluate diamonds and gold, which will be…” https://t.co/5i4A93hvuU

I just published “Something about Stablecoin P.3” https://t.co/nUJoYl6IJm

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