[What is a GID coin]
GID Coins is an international crypto coin protected by two valuable assets: gold and diamond. This coin is encouraged and supported by the Tsepyu Block. Mimeta GID is a hybrid sign that you can use to pay for assets and the company will have its headquarters in Switzerland. This will act in accordance with the recommendations set by FINMA.
GID Coin is supported by famous people, who are ICO Advisers.
The value of Coin GID is covered by shiny diamonds and gold bars. The two most expensive natural resources in the world. If gold in the weight equation = the price of diamond loss is honed, the diamond / gold ratio looks like 2/1. This means that 2/3 of the investment will always be spent on polished diamonds and 1/3 of gold kilobar. Therefore we can provide a quick overview of prices and evaluations.
[Invest in Coin which is:]
- Covered by real assets, which are guaranteed and insured in reputed bank safes;
- the value is free from rumors and decisions from countries;
- values always grow or stabilize during financial depression.
GID Coin must be an international currency that is protected by two of the most valuable valuables in the world, supported and guaranteed by Blockchain.
GID Coin will be related to diamond and gold mining and procession.
The GID Coin team is a professional with 8 years of experience in the diamond business and 5 years in the gold business. Have extensive connections in Africa, Russia and Canada. Working very closely with coarse gold and diamond miners (government and private) has connections with Belgian and Israeli diamond cutters and also has connections with gold refineries in Austria, UAE and Andorra.
GID Coin is supported by famous people, who are ICO Advisers.
The GID Coin value is covered by polished diamonds and gold bars. The two most expensive natural resources in the world. If gold in the weight equation = the price of losing a polished diamond, the proportion of diamond / gold looks like 2/1. That means that 2/3 of the investment will be spent on polished diamonds and 1/3 on gold kilobar. Next we can provide a brief description of their pricing and evaluation.
There are two ways of working for a company:
To buy end products (polished diamonds and bullion) from producers and miners;
To manage the whole process from the start, use less money and to take greater profits.
The proportion is as follows - 30% of the budget applies to the purchase of the final product and the remaining 70% will be used for the full production cycle.
In the second stage, we invest in mining sites in Africa (Angola - primary, secondary - Botswana or Namibia) as a private entity and start producing rough diamonds and gold themselves. For our luck, rough and gold diamonds are based in the same area, so there is no need for a separate mining location. Everything goes from one land
PGID = 0.5 * (Vd * PmR + Vg * PmLBMA) / VGIDT
[Where:]
PGID Price - Smart Token (GID)
Vd - Guaranteed diamond volume, owned by the company
PmR - Monthly price of diamonds (according to Rapaport)
Vg - Guaranteed gold volume, owned by the company
PmLBMA - Monthly price of diamonds (according to the London bullion market (LBMA))
VGIPT - Smart Total Token Volume (Total GID Volume)
When the ICO launches the GID price will be $ 20 on average which can vary during crowd sales due to revisions in the exchange rate:
ICO investors are given a GIDE token (pre-launch GID) that can be converted to GID
After the company has enough polished diamonds and gold bars;
GIDE tokens will be moved to the new blockchain platform and converted to GID in the proportion of 1: 1;
Gold and Diamond Features
Natural Resources
Limited owned by
mined
major corporations.
Very expensive
GID Goal
GID aims to create an international currency:
It is covered with two most valuable items in the world (Gold and Diamond).
Strengthened by Blockchain and taken from the toilet.
Work Roads
There are two ways of working for the company:
Purchase the final product (from producers and miners)
Organize all processes (start from the start)
The economy between the purchase of final products and the transfer of raw materials.
The biggest difference is time.
Last product purchase takes 1-14 days.
As a certified product, it takes 60-90 days for life (saffron and gold dust) to be safe from mine.
GID plans to use the funds in the following way:
30% going to buy the final product.
70% go for production.
The company has enough experience and connections to start buying and mining in African countries without risk.
Using
The Blockchain Blockchain is a cryptography-protected, tamper-resistant, encrypted database that acts as a bookkeeper following digital assets. Rather than being maintained by a single server like traditional databases, blocked blocks are distributed and maintained by a distributed all over the world computer network.
GID, like all blockchain technologies, uses an incentive-focused security model. The consensus is based on choosing the block with the highest total difficulty. The miners produce blocks where the others control their validity. Among other well-established criteria, a block is valid only if a particular challenge contains proof of business (PoW).
Miners receive a GID commission from each processed block. No currencies will be sent when the block is processed.
All of them are consumed by the process in the block presented by the winning miners are paid by the sender of each process.
You can use your computer's central processing unit (CPU) to set the GID or GPU mining.
Road map
The Most of the Fund Debt Expenditures will be as follows:
• General purchases of raw or final assets
• Marketing and Public Relations
• Business Development
• Legal Expenses and Taxes
• Exhibits
•
Cash for goods - Payments for storage • Ethereum costs in the first instance
Finally, the
GID Team has 8 years of experience in the diamond business and 5 years of experience in the gold industry. Africa, Russia and Canada. Working closely with gold and coarse diamond miners (government and private) is linked to diamond cutters from Belgium and Israel, and there are links to gold refineries in Austria, BAE and Andorra.
Accurate Information
ANN
Whitpaper
Website
Telegram
Medium
Youtube
Author: golem999
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