Karatbars Int Gold
|The KaratBank Coin is a blockchain-based cryptocurrency.
Specifically designed to be used as a generally accepted electronic payment means for all who consider gold as a traditional, true, secure and value-stable medium.
In former times, gold was a direct payments means, particularly in the form of gold coins.
However, Gold has continuously been replaced by banknotes,
which nowadays are not, or only to a marginal percentage, backed by state-owned gold.
Therefore, the value of the banknotes issued by the different countries relies on the trust that the respective country is able to pay its bills.
Only this is less sure than in former times.
Especially in less developed countries, the trustworthiness of legal tender moves towards zero.
The KaratBank Coin perfectly meets worldwide needs because it is based on gold.
Each coin represents a certain weight of gold and can at all times be exchanged into physical gold in the form of CashGold.
Furthermore, it can be exchanged for all fiat currencies and cryptocurrencies worldwide.
Currently, more than 480,000 customers from more than 120 countries have already bought the smallest gold bars from Karatbars GmbH, Stuttgart, Germany.
The total investment of these customers amounts to nearly EUR 120 million.
It is therefore obvious that with this customer basis, the KaratBank Coin will achieve a high market capitalization:
it will write a success story.
- It is designed to be used as a generally accepted electronic payment
- For all who consider gold as a traditional, true, secure and value-stable medium
- Each coin represents a certain weight of gold
Can at all times be exchanged into physical gold in the form of CashGold
- Can be exchanged for all fiat currencies and cryptocurrencies worldwide
Why a growing demand for KaratBank Coin?
The value of the KaratBank Coin is expected to strongly increase.
The market capitalization of the KaratBank Coin will reflect the billion Euro business that will rely on gold and the gold price based on the CashGold.
The global acceptance and recognition of gold as a safe and secure harbor will make the KaratBank Coin and the CashGold one of the leading payment means worldwide.
Therefore, holders of KaratBank Coin will not only enjoy protection against inflation and vague governments and economies but also have the opportunity to participate in the value increase which will be achieved in the future.
Such value increase can be realized by everybody through the sale of the KaratBank Coin, or through the purchase of goods and services.
Furthermore, KaratBank Coins can be exchanged for real gold in the form of CashGold at any time, whereby a quantity of 10,000 KaratBank Coins are needed for the exchange for o.1g of CashGold.
The KaratBank Coins will be available on major cryptocurrency exchange platforms such as Poloniex, Bithumb, Bitfinex, Bittrex, etc.
The coins will be permitted to float and be traded p2p. The price of the KaratBank Coin will be determined by market forces and cryptocurrency exchange mechanisms, as well as by the global gold prices.
The value of the KaratBank Coin will reflect the degree of penetration of the worldwide payment systems and, to a substantial extent, the price development of pure gold.
The more KaratBank Coin will be used – thus driving customer adoption – the greater the demand for the KaratBank Coin will be.
The popularity of the KaratBank Coin and the KaratBank Ecosystems will most probably grow very fast.
We appreciate your interest and trust in KaratBank and are happy to have you on board. If you have any questions, don't hesitate to ask our support team.
Your KaratBank ICO Team
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