GOLDIAM — The future of mining Gold and Diamond

The platform ‘Smart Gold and Diamond’ allows our users to buy Gold and/or Diamond(s) at the ease of their homes. So, all the user needs to do is to buy Gold and/or Diamond(s) with his GOL Coins and invest it for as long as he/she wants. There is no need to worry about the security or licensing of the Gold and Diamond(s). Goldiam takes the responsibility to make users free of these strains. We, with the help of our partner companies, ensure security of the Gold and/or Diamond(s) bought. The contracts and transactions related to Gold, Diamond(s) or Goldiam are all preserved in the blockchain so as to ensure as much credibility as possible. The Gold and/or Diamond(s) bought can be seen on the smart platform application. The wallet displays the amount of Gold, Diamond(s) and Goldiam separately so it is easy to track the record of investments.

The user can withdraw Gold and Diamond(s) anytime he/she wants and the quantity of Gold and/or Diamond(s) withdrawn shall be shipped to him with the insurance certificate provided by third party company. User can also sell the Gold and/or Diamond(s) stored in the smart platform, anytime at the current prevailing rates and he/she will get the GOL coins in return.

Let’s say user have 1g of Gold in his wallet where 1g of Gold is for 85$. He/She wants to withdraw money against 1g of Gold. Therefore, he/she will first convert it into the GOL coins where 1 GOL coin is for let’s say 10$ at this moment. He/She will now have 8.5 GOL coins against 1g of Gold and then he/she will be able to convert GOL coins into fiat currency.

GOLD AND DIAMOND MARKET ANALYSIS

The analysis of market for Gold and Diamond opens a whole new world for the people interested in them. The current Diamond trade market is valued at approximately US $60 billion a year, with consumers purchasing merchandise worth US $20 billion annually. Only 5% of this US $20 billion market is purchased for investment purposes. For UK investors, Gold has topped the table 5 times since 2000 and beaten the FTSE (Financial Times Stock Exchange) all Share 10 times.

Progressing all the way from that time Gold in 2017 then reflected fresh volatility in the Dollar's exchange-rate value, lagging domestic and more notably overseas equities but rising 7.2% (data to 13 December) for US investors. British investors, in contrast, saw Gold drop 1.4% as the Pound rallied hard from 2016's Brexit-vote plunge. The potential market of Gold has a turnover of US $700 billion, with Gold and Gold derivative investments totaling 80% approximately. The remaining 20% are jewelry and industrial use. Taking in view the current Diamond market turnover is approximately US $90 billion with an investment value of only US $1 billion. By removing the market barriers, we believe Gold and Diamond will become the leading investment assets for traders seeking to hedge currency or get exposure to this alternative asset class.

Taking a note on proliferation of blockchain in the precious market of Gold and Diamond, public online ledgers that emerged from the explosive markets for bitcoin, already have drawn the attention of businesses from banks to retailers who see blockchain systems as a revolutionary way to verify and record transactions.

“The blockchain revolution is gunning for the Gold and Diamond market.”

About US $27 billion of Gold changes hands every day in over-the-counter markets where settlements can sometimes take days, leaving price risk for buyers and sellers. Blockchain promises more transparency, security and speedier deals. It also could attract new participants at a time when investors are souring on Gold-backed exchange traded-funds especially in case of
Diamond trading exchange where they only offer B2B transactions services making them irrelevant for individuals or traders.

“Digital Gold would take market share away from other Gold instruments: futures, physical Gold bullion, Gold ETFs. Using the technology to trade the precious metal would create another avenue for where investors can look to find value”
(Ebele Kemery, head of energy investing at JPMorgan Asset Management)

It’s not a hidden fact that Bitcoin, (the first instrument to use blockchain), has more than quadrupled in 2017 to more than $4,000. The cryptocurrency this year surpassed the price of Gold for the first time.

GLOBEUNION PLATFORM

GlobeUnion is Goldiam's smart answer to money transfer. With GlobeUnion, you can change your GOL into fiat of your choice. At its core, GlobeUnion is a payment platform for family members, workers, and individuals all over the world to withdraw their money in fiat or cryptocurrency. Thisservice will be international.

The GlobeUnion platform of the Goldiam allows the users to send and receive the cryptocurrencies from any part of the world and convert it to any currency they need. It is a multi-currency payment system which will allow family members, workers, and individual persons to withdraw money in fiat or cryptocurrency all around the world (where applicable). The system will contain a wallet to accept multiple cryptocurrencies such as bitcoin, ethereum, dbix, and Goldiam and allow people to convert it into fiat currency, anywhere (where applicable), any time. This service will be international with the main aim to install Goldiam ATMs available worldwide for easy deposit and withdrawal for all our members, as well as provide a hardware wallet which will connect to the Goldiam platform as a secure and trusted way to keep the funds safe. Moreover, user can fix a amount to be sent on specific day in a month and send it to his/her family or anyone.

With this platform Goldiam is making the utilization of cryptocurrencies as easier as the fiat money. This will help people to overcome the difficulties related to liquidity and availability of the cryptocurrencies.

BUSINESS MODEL

The Business Model consist of three phases,

Mining or buying Goldiam coins,
Buying of Gold and/or Diamond(s) and
Investing in Goldiambox and after a month the reward will be divided among the asset holders.

Then there is Goldiam Exchange where the users can exchange various cryptocurrencies to their local fiat as and when required.

So this would be used as a long term savings platform where users will invest in Gold using Goldiam platform. Now this Gold will be reserved by Goldiam on behalf of the customer. The benefit to user are listed as follow,

User can withdraw the Gold anytime by getting the Gold and/or Diamond(s) at home with insurance certificates.
User can convert the value of Gold he owns to Fiat using third party MasterCard anywhere in the world
All the transactions would be managed on the blockchain of Goldiam. The nodes would be managed by public mining, the reward for which would be 0.48 GOL coins, 0.32 GOL coins per block to the miner and 0.16 GOL to the GoldiamBox Wallet for the rewards system.

ICO - Initial Coin Offering

Goldiam fundraising campaign has been splitted into three phases: Pre-Sale, Pre-ICO and ICO. In Pre-Sale, Goldiam is raising money from the already available investors with them. It provides them the opportunity to invest in Goldiam at premium bonus. Other interested parties may also contact the Goldiam team to get access to Pre-Sale. Pre-ICO provides the opportunity to the investors to participate by earning 30% bonus on top. Token allocation is discussed as following.

Total Token Supply will be 32,300,000 while Goldiam will furnish 28,300,000 Goldiam Tokens (GOL) by raising (hardcap) 17,000 ETH in its ICO. The ICO will end once this limit is reached or else all the unsold tokens would be burned after the ICO period. Minimum Goal (Soft Cap) for this ICO is 2,000ETH.