GIDCoin

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GIDCoin
GIDCoin logo
GIDCoin ICO Review
GIDCoin ICO
Ticker: GIDe
ICO start: 2018-10-18 12:00:00
ICO end: 2018-12-31 12:00:00
Price: 1 GIDe = 20 USD
Bonus: 1
Tokens: 24,500,000 GIDe
Tokentype: ERC20
Hardcap: 490,000,000 USD
Softcap: 40,000,000.00 USD
Platform: Ethereum
Distributed: 49%
Minimum: 60 USD
Accepting: ETH, BTC, Fiat

Invest into coin which: – covered by real assets, which are secured and insured; – value is free from rumours and decisions of the countries; – value is always growing or stable during financial depressions.

GID Coin value is covered by polished diamonds and gold bullion. 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.

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 in industry.

Description[edit]

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).

Roadmap[edit]

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 Campaing (GIDE) 09.2018.
Alfa version of GDP blockchain.
Exchange of GIDEs to GIDs.
Second cycle of production of diamonds and gold.
Q1 2019: Listing of GIDs at the exchanges.
Launch of mining via platform.
Trial immision of Revolut MC credit card.
Third cycle of production of diamonds and gold.
Q2 2019: Launch of the own mining site.
Launch of cutting workshop in Spain.
Launch of small refinery in Swiss.
Branches in Angola, USA, Belgium.
Q2 2023: Start of Buyback campaign.[1]

Team[edit]

name: title: links: group: photo: iss:
Oleg Tkachev Founder & CEO https://www.facebook.com/tkachev.oo;https://www.linkedin.com/in/oleg-tkachev-6a473182 Team Oleg Tkachev photo 4
Vyacheslav Sokoltsov ICO Development Director https://www.facebook.com/vyacheslav.sokoltsov;https://www.linkedin.com/in/vvsokoltsov/ Team Vyacheslav Sokoltsov photo 7.8
Marsel Head of IT Development https://www.facebook.com/mars.starmedia;http://www.linkedin.com/in/marsel13 Team Marsel photo 4
Valeri Arenas Creative Director https://www.facebook.com/valeri.arenas;https://www.linkedin.com/in/valeri-arenas-13680539/ Team Valeri Arenas photo 4

External links[edit]

GIDCoin on Twitter
GIDCoin on Slack
GIDCoin on Telegram
GIDCoin on Facebook
GIDCoin on Medium
GIDCoin on Bitcointalk
GIDCoin on Github
GIDCoin on Reddit
GIDCoin on Discord
GIDCoin on Youtube
GIDCoin Official Website
GIDCoin Bounty
GIDCoin Whitepaper

Sources[edit]

  1. https://gidcoin.io/

See Also on BitcoinWiki[edit]