The worldwide market for unpleasant precious stones on the planet is in excess of 150 million karats, which are developing at in excess of 150 billion USD every year and as yet developing.
The gold market is normally circular and gold is always exchanging unequaled periods. The most conventional approach to put resources into gold is to purchase bullion gold bars
What is a GID coin?
GID coin is a worldwide crypto coin which is secured by two significant resources: gold and precious stones. This coin is initiated and upheld by a square chain. The GID is a half and half token that can be utilized for installment and as an advantage. The organization will have a base camp in Switzerland. It will act as per the suggestions put forward by FINMA.
Gold and Diamond Features
Regular Resources
Constrained possessed by
mined
real companies.
Extremely costly
GID Goal
GID means to make a worldwide money:
It is secured with two most important things on the planet (Gold and Diamond).
Reinforced by Blockchain and taken from the can.
Work Roads
There are two different ways of working for the organization:
Buy the last item (from makers and diggers)
Sort out all procedures (begin from the begin)
The economy between the buy of definite items and the exchange of the distance from crude materials to the perplexing item is as expansive as 5-10 customized structure.
The greatest distinction is time.
Last item buy takes 1-14 days.
As an affirmed item, it takes 60-90 days forever (saffron and gold residue) to be sheltered from mine.
GID intends to utilize the assets in an accompanying way:
30% going to purchase the last item.
70% go for creation.
The organization has enough understanding and associations with begin purchasing and mining in African nations without the chance.
GID Coin ICO subtle elements:
At the point when the ICO is propelled, the GID coins will be sold for about $ 20. In any case, the cost may fluctuate contingent upon the adjustment in the conversion scale.
Financial specialists in pre-ICO will get GIDE coins amid pre-dispatch. This can be later changed over into GID coins when the organization gives an adequate number of gold bars and precious stones. These Gide markers will be set on another blockchain and changed over to GID in a 1: 1 proportion.
Propel deal: Currently in advance End
date: June 18, 2018
GIDe coins at a bargain: 2,500,000
Rebate: 30%
There is likewise an air require the individuals who enlist for it on the GID coin site.
Delicate cover: $ 40,000,000.
On the off chance that not as much as this sum is raised, all financial specialists will restore their cash to them.
Hardcover: $
490,000,000 GIDE tokens will be discharged after the finish of the ICO, which will be about multi-month after the finish of the ICO.
Utilization of assets
20% of the gathered assets will be utilized to buy precious stones and gold bars. The staying 70% will be utilized for creation, which involves:
1.Diamonds
Purchase of unpleasant jewels from a mine or mining of precious stones
Polishing of mined jewels
Obtaining GIA and HRD accreditation
Insurance of acquired jewels
Placement of jewels in the vault
- Gold
Acquisition of unrefined gold from a mining site or gold mining
Refinement of gold mined
Certification of gold
Insurance of gold bars
Placement of the gold ingot inside the capacity
Foundation
• 8 Years of involvement in Diamond Business
• 5 Years in Golden Business
• Connections in Russia Canada and Africa
• Direct to Miners
• Belgian and Israel cutters IN DIAMOND BUSINESS
Gold and Diamond Features
• Natural Resources
• Limited
• Mined
• Owned by Big Companies.
• Very Expensive
MINING AND PURCHASE OF DIAMONDS AND GOLD
There are two different ways of work for the organization:
• To purchase the last item (cleaned precious stones and billions) from the makers and excavators;
• To organize the entire procedure from the earliest starting point, utilize less cash and to take greater benefits.
All developments of the merchandise are conveyed by understood security organizations: BRINKS1 and MALCA-AMIT2. acquiring and mining can manage without dangers. The activity is clear and
anchored for 90%.
• Purchasing of the last item will take 1-14 days
• The lifetime of crude items (unpleasant jewels and brilliant residue) from mine to the safe house as the affirmed item will take 60-90 days.
TOKEN POLICY
To furnish financial specialists with the entire scope of focal points of GID Coins Gold and Diamonds intend to fabricate our own particular blockchain stage (DGP – Diamonds and Gold Platform). Be that as it may, to lessen expenses of the undertaking at the beginning periods GID coin will be founded on Ethereum (ERC-20).
GID Coin is the crossbreed payable-resource token (securities).
TOKEN EMISSION
• The aggregate sum of tokens to be produced till 2023th = 50'000'000 GIDs Coins.
• Tokens share:
• Team-individuals and counsels = 5'000'000 GIDs
• Pre-Sale (brought deal to a close for vital financial specialists) = 2'500'000 GIDs
• Pre-ICO = 7'000'000 GIDs
• ICO Campaign = 15'000'000 GIDs
• Bounty battle = 500'000 GIDs
• Coins saved for digging for the span of 5 years beginning from 2019th = 20'000'000
• GIDs with rough yearly emanation – 4'000'000 GIDs
• Coins which won't be sold amid ICO – moving to mine hold. All unmined
• Coins after 2023th will be sold at Post-ICO.
Estimating OF THE TOKEN
At ICO dispatch the GID cost will be normal $20 which can differ amid the group deal because of the corrections in the conversion standard:
• ICO financial specialists are given GIDE (GID pre-dispatch) tokens that can be changed over to GID after the organization has sufficiently secure cleaned precious stones and gold bullions;
• GIDE tokens will be moved to new blockchain stage and changed over into GID in a 1:1 extent;
• ICO top will be set in fiat 20 days before ICO;
• least top for ICO is USD 40'000'000,00. On the off chance that not as much as that is raised, the speculators get their assets back;
• GIDE tokens are discharged when tokens are disseminated around multi-month after ICO begins.
20% of the gathered assets will be utilized to buy jewels and gold bars. The staying 70% will be utilized for creation, which involves:
Precious stones
• Purchase of harsh precious stones from a mine or mining of jewels
• Polishing of mined precious stones
• Obtaining GIA and HRD confirmation
• Insurance of obtained precious stones
• Placement of precious stones in the vault
Gold
• Acquisition of crude gold from a mining site or gold mining
• Refinement of gold mined
• Certification of gold
• Insurance of gold bars
• Placement of the gold ingot inside the capacity
GID Coin Overview
Ticker Symbol: GIDE
Stage Ethereum (ERC20)Accepts: BTC, ETH, USD, DASH, WAVES, EUR
Delicate Cap: 3,000,000 USD
Nation: Switzerland
Add up to supply: 50,000,000 GIDE
Open Crowd deal
Continuous
Date Sale: May 1, 2018 — Dec 30, 2018 @ 243 days
Deal Available Tokens:22,500,000 GIDE @ 45.0%
Time 32% Ends in 165 days
The greater part of the Fund Debt Expenditures will be as per the following:
• General buys of crude or last resources
• Marketing and Public Relations
• Business Development
• Legal Expenses and Taxes
• Exhibits
• Cash for merchandise - Payments for capacity
• Ethereum costs on the principal occasion
Utilizing
The blockchain is a cryptography-secured, alter safe, encoded database that goes about as a clerk following computerized resources. Instead of being kept up by a solitary server like conventional databases, blocked squares are conveyed and kept up by a PC arrange circulated everywhere throughout the world.
GID, similar to all blockchain advances, utilizes a motivation centered security display. The agreement depends on picking the square with the most astounding aggregate trouble. The diggers create squares where the others control their legitimacy. Among other settled criteria, a square is legitimate just if a specific test contains evidence of business (PoW).
A mineworker gets a GID commission from each prepared square. No monetary standards will be sent when the square is prepared.
All gases devoured by the execution of the considerable number of procedures in the square displayed by the triumphant digger are paid by the senders of each procedure.
You can utilize your PC's focal preparing unit (CPU) to set the GID or GPU mining.
ROAD MAP
Q2 – 2018
• Completed Whitepaper
• Website www.gidcoin.io
• Pre-Sale for primary investors
• First purchases
• Start of bounty campaign
Q3 – 2018
• New website
• Mobile application
• Pre-ICO (GIDE) 07.2018
• Beta version of GDP blockchain
• First full cycle production of diamonds and gold
Q4 – 2018
• ICO Campaign (GIDE) 09.2018
• Alfa version of GDP blockchain
• Exchange of GIDEs to GIDs
• The second cycle of production of diamonds and gold
Q1 – 2019
• Listing of GIDs at the exchanges
• The launch of mining via the platform
• Trial immision of Revolution MC credit card
• The third cycle of production of diamonds and gold
Q2 – 2019
• The launch of the own mining site
• The launch of cutting workshop in Spain
• The launch of a small refinery in Swiss
• Branches in Angola, USA, Belgium
Q2 – 2023
• Start of Buyback campaign
At long last, the
GID Team has 8 long stretches of involvement in the precious stone business and 5 long periods of involvement in the gold business. Africa, Russia, and Canada. Working intimately with gold and coarse precious stone mineworkers (government and private) is connected to jewel cutters from Belgium and Israel, and there are connections to gold refineries in Austria, BAE, and Andorra.
FOR MORE IN MORE INFORMATION:
Web sites: https://www.gidcoin.io/
✅Whitepaper: https://gidcoin.io/wp-content/uploads/2018/05/WhitePaper_En_GIDCOIN_0418.pdf
✅Twitter: https://twitter.com/gid_coin
: Facebook: https://www.facebook.com/gidcoin/
Reddit: https://www.reddit.com/user/GIDCoin/
✅Orta: https://medium.com/@gidcoinchannel
✅Telegram Group: https: //t.me/gidcoin
✅LinkedIn: https://www.linkedin.com/company/gidcoin/
Author: ben-iyieke
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1231002