Karatcoin

Karatcoin

Created using Figma
Created using Figma
KaratCoin Our vision is to focus on decetralized financial services that guarantee stable investment related to market fluctuations and active investment and create a new human-led economy that leads to the necessary financial collateral for future projects It is to hit.
Sep 3, 2018
Nov 11, 2018
100% completed
Raised funds - no Data
Goal 24 000 000.00 USD
Cap 3 000 000.00 USD
past
  • 1 KCD
    =
    0.1 USD
Token Details
Ticker
KCD
Accepted Currencies
ETH, BTC, USD, ETC, BCH, EURO, GBP, XMR, ZEC, TRX, DASH, DOGE, XEM, XVG, CAD
Company Details
Registered Country
United Kingdom, Italy
Additional Details
MVP/Prototype
Yes
Whitelist
Yes ,
Categories
Platform

About Karatcoin

Our Vision

Our vision is to create a people-powered new economy that focuses on decentralized financial services that ensure both stable and aggressive investments linked to market fluctuations, and which also fuel the financial collateral needed for future projects. At the same time, we will also create an ecosystem for developers to utilize Karatcoin tokens as a framework for various Ðapp developments, thus accelerating adoption of blockchain technology.  
The Karatcoin Project is a consultancy system that focuses on the development and mining growth of carefully selected gold mining companies.


Our Goal
Our goal is to build a platform to trade gold certificates, exchange Karatcoin tokens, as well as save and exchange currency using gold cards.
We will build a platform where millions of investors can go to find the best gold opportunities to invest, trade, and exchange without worrying about traceability.

Our Mission
Karatcoin’s Platform is directly linked to operational gold mines that will receive financing to help increase their gold production. The more Karatcoin’s financing increases, so will the aggregated gold production of our mines, which in turn will increase the value of circulating Karatcoin tokens. All the mines selected by Karatcoin’s technical and legal team have been carefully analyzed for their production ability, operational background, structural credibility, as well as their financial rating. No third-party intermediary is involved in the selection and vetting process.

Karat Foundation

The Karat Foundation seeks to support community and civil society organizational initiatives that aim to ensure benefits are enjoyed by all miners, while also ensuring that any negative impacts are avoided or minimized.

The Karat Foundation will be established in accordance with the UN Guiding Principles on business and human rights, especially conducting better control and surveillance work to ensure that gold is sourced responsibly and ethically.

Election of gold mines.

DAO members can contribute by voting for projects (gold mines and profitable financial projects) they consider deserving. These votes, together with the due diligence made by the foundation's finance office, will provide for the gold mining to be managed responsibly, with substantial economic benefits for the countries and their populations. The Karat Foundation will operate autonomously supervise and check that the quality parameters are respected and will not have direct control of the operations and external works of the members. 

Karatcoin Loan.

Karatcoin offers a decentralized loan product for eligible members, known as the Karatcoin Loan (KCL) through a smart contract issuing KCX (Karatcoin Blockchain Validation Tokens) with a financial term that is tailored to the needs of the purpose of the financing or the member country’s overall debt management strategy. 

Monitor progress and achievements.

The foundation, in the context of its social work of facilitated finance for selected small/medium gold mining companies, will continuously monitor progress and achievements to bring benefits between stakeholders of the foundation and the gold mining companies.

Benefits

Borrowers of Gold Mine, benefit from medium/long maturities (up to 10 years), transparent pricing, built-in hedging products to manage financial risks over the life of the loan, and the ability to customize repayment schedules according to project needs or debt management requirements.
Members of the foundation will benefit from interest income from financing. 

Charity Fundraising.

To increase aid to mines, fundraising campaigns will be launched through online platforms, events and conferences will be organized as well as organizing lunches and gala dinners. Karatcoin tokens will be offered as a prize for participation in individual events. Each charitable action will set precise objectives to be achieved and to quantify the sum necessary to pursue this goal. If the established amount is collected, the prize offered will be extracted.

For more details, please check out our documentation

Features

NO GEO-RESTRICTIONS

There are no geo-restrictions, once the gold has been turned into crypto-gold, you can redeem it in any country*. Costs related to transport and related taxes are minimized by leaving the raw material in its place of origin.

STORE PHYSICAL GOLD

You can safely store Physical Gold asset in vault and keep it as Gold Certificates in your wallet on the Karat Blockchain, the gold is safe from political influence and will preserve and increase its value over time.

DPOS CONSENSUS

Fees will be used as returns for stakeholders instead of miners. This means a faster validation block time (10 secs), less power consumption and more security.

BACKED BY A REAL ASSET

Karatcoin is less volatile than other crypto-currencies because it’s indirectly linked to a real asset with an owned blockchain.

EARN FIXED REVENUE

Gold Certificates are safe investments. Our Certificate gives you 2 half-yearly coupons with up to 6% interest.

GOLD MINES PROFITS

Vote for the gold mines to be financed and participate to the active interests that will be perceived from funding given to the selected mines.

 

About our DApp

  • Manage your gold products
  • Check Blockchain Transactions
  • Vote to elect the gold mines
  • Top 50 Cryptocurrencies available
  • 85 Currencies supported
  • Live trading
  • Fast Execution
  • 10 technical indicators
  • Detailed Market analysis
  • Updated News
  • SHA512 Security encryption
  • Multi-platform available

Technical Info

The blockchain of Karatcoin will be developed on top of EOS technology, a software developed in C++ compiled with Clang that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications. This is achieved through an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters. The resulting technology is a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications

About the DAO token

It's based on ERC20 using the Ethereum Blockchain, which means fastest & transparent transactions with low fees.

About our DApp

There are currently versions for desktop, Windows (32 and 64bit written in Electron) and Mac.

There will be versions for mobile, iOS and Android, written in ReactJS and React Native respectively.

The DApp will communicate directly with the Karat Blockchain and the Karatcoin server (for the interface) run by Dreammy on Amazon.

The server will have a 64-bit architecture on Linux and the database (which will be used for secondary data and cold storage) will be hosted on Amazon RDS, both will always guarantee maximum security and best performance using the autoscaling function.

Karatcoin Roadmap

  • 2017 4th Quarter

  • Concept Creation
    The idea arose from the collaborative research conducted both in the commodities sector, which the founders specialized in, and the emerging market of cryptocurrencies.
    Having seen the massive global demand and great potential for the emerging crypto market and having also analyzed sufficient market research to launch the business idea, the founders decided to create a platform to trade gold in the decentralized world.

    Core Team Hired
    The first freelancers who contributed to the creation of the site, as well as the first platform developments, were recruited and created.

    Website Goes Live
    Purchased domain and designed a highly interactive, state-of-the-art website.
    Transposition of images for the website through the use of HTML, JavaScript, and CSS.
  • 2018 1st Quarter

  • White Paper Created
    The White Paper was created by comprehensively integrating our vision, our mission, our products, the procedures of the smart-contracts, broad market analysis, the goals, the roadmap, a summary analysis of the gold mines, as well as the Token Sale.

    In-Depth Market Analysis | Audience Research | Competitor Analysis | Marketing Research
    Detailed research on the cryptocurrency market and the gold trade is conducted through different financial frameworks (Business Model (Baden-Fuller & Haefliger, 2013), PESTLE, Porter’s Five Forces), audience research, competitor analysis, as well as marketing research (through SWOT, Segmentation, Targeting and Positioning (STP)) is duly included in the Business Plan.

    Creation of Proof of Asset
    The technical team develops the necessary protocol validation for gold assets within the blockchain.

    Business Plan Created
    Create the Business Plan with collaborative research from both the Financial and Technical Sectors.
  • 2018 2nd Quarter

  • Define Minimum Viable Ecosystem (MVE)
    We will develop an MVE concept as an optimal ecosystem of stakeholders and value flows to ensure the right set of knowledge, skills, and capabilities.

    Onboard Business Partners, Business Stakeholders
    First beta clients are tested to evaluate the degree of enjoyment the platform creates. Initiate collaborations with new Business Partners and new Business Stakeholders.

    Develop Functional and Technical Architecture
    Development and definition of technical and functional architecture for the successful launch of the project under the guidance of the technical members of the team.

    Technical White Paper Created
    The Tech White Paper was created by comprehensively integrating all our processes, blockchain specs and codes we’re working on.

    Core Technology Work Group
    Assigning roles of Core Technology Work Group that will be responsible for the successful completion of the product.

    Presale
    Presale programmed.
  • 2018 3rd Quarter

  • ICO
    Karatcoin will launch a public ICO to distribute KCD (Karatcoin DAO) with a bonus that starts at 16%.

    Identify KC Foundation Board Members
    In this step we identify the possible future Board Members of the Foundation.

    Collection of Requests for Financing Mines
    We will open a specific section on our website where gold mine owners can submit the necessary documents

    Announce Financial and Refinery Partners

    Start Blockchain Development
    C++ developing on top of EOS technology.

    Beta version of our DApp
    Beta working demo version of our decentralized application.

    Development of Proof of Asset (PoA) and Other Processes Inside the KC Blockchain
    Start development of the processes necessary for the platform.

    Test PoA and all processes (Registration, Audit, Mint, Redemption)
    Testing all processes and interactions with the blockchain wallets.
  • Read More
  • 2018 4th Quarter

  • DAO Tokens Allocation
    Distribution of DAO tokens to all the owners.

    Whitelist and 1° Private Placement Reserved for Institutional Investors, International Funds, and Venture Capital
    Using a SAFT for selling our gold products for our Blockchain.

    Join Foundation
    We will begin the necessary procedures for the opening of the Karat Foundation

    Election of Karat Foundation Board Members

    Preparation of Accompanying Documents for the Gold Certificate
    Detailed description accompanying documents relating to investment instruments such as gold certificates and gold cards.

    Start Selection of Requests for Financing Mines
    Karat Foundation will conduct analyses, studies, as well as economic impact assessments

    Launch Own Blockchain
    Blockchain is launched.

    Start Development of Marketplace Platform
    Marketplace where gold products will be sold directly to customers.
  • 2019 1st Quarter

  • Issuance Of 1° Block of Gold Certificates
    The first tranche of Gold Certificates is issued with interest at a fixed rate of 5% to 6% for the duration of 1 to 5 years with semi-annual coupons.

    Issuance Of 1° Block of KCG (Karatcoin Gold Tokens) Allocated into Gold Cards Wallet
    First KCG tokens with a face value of 1gr. of gold each are issued on Gold Cards

    Launch Alpha Version of DApp
    First version of our decentralized application.

    Test Blockchain Gateways
    With the new aggregate technical group, we will test gateways that will facilitate communication with banks and other blockchains

    Announce Technology Partners
    We will announce new technology partners that will bring further improvements to the platform

    Take Karatcoin into Full Production
    A new section of the DApp is opened to integrate the gold mines that will be financed.

    Start Migration Process DAO Tokens
    The KCD kept in Ethereum wallets will migrate into our blockchain in a 1:1 ratio
  • 2019 2nd Quarter

  • Public Voting for Financing Gold Mines
    Public votes among Karatcoin stakeholders to choose the gold mines to be financed.

    Charity Fundraising
    We will start the charity fundraising campaigns

    Whitelist and 2° Private Placement for Institutional Investors, International Funds, and Venture Capital
    Second Private Placement for selling our gold products

    Start Financing Selected Gold Mines (5 Tranches Of 20% Work Progress Report)
    Complete the Due Diligence on the requests received and define what gold mines are suitable for funding.

    Launch Blockchain Gateways
    The tested gateways are now open to the public for their use in the Karat Blockchain.

    Issuance Of 2° Block of Gold Certificates
    The second tranche of Gold Certificates is issued with interest at a fixed rate of 5% to 6% with semi-annual coupons.

    Issuance Of 2° Block of KCG (Karatcoin Gold Tokens) Allocated to Gold Card Wallets
    Second issuance of KCG tokens with a face value of 1gr. of gold
  • Forecast

  • Launch Debit Card
    The Debit Card with KCG tokens as currency is launched. It will be used by any company that accepts debit cards or credit cards from the network partner.

    Enter into the US/Canada Stock Market
    Karatcoin has established itself in the decentralized market, while the organization has also evolved internationally by creating all of the needed connections to consolidate its market position on a global level. With this accomplished, it then enters the US / Canada Stock Market for its listing.

Activity

Activity:
60
LOW
Posts:
203
MEDIUM
Views:
19 067
VERY HIGH
Posts:
86
LOW
Followers:
9 009
HIGH
Likes:
8 900
HIGH
Rating:
4.90
VERY HIGH
Followers:
5 573
HIGH
Tweets:
1 394
VERY HIGH
30 Days Growth:
-73
Members:
5 107
HIGH
30 Days Growth:
-461
Year commits:
0
Watchers:
0
Stars:
1
Forks:
2
Open issues:
0

Karatcoin Team

Verified 89%

Attention. There is a risk that unverified members are not actually members of the team

SIMONE ORSO
Founder & CEO
verified
CLAUDIA BUSATO
Founder & COO
verified
ANDREA VENTURONI
Commodities Director
verified
ROBERTO SANNI
Sales Manager
verified
FRANCO CATTAPAN
CTO & Principal C++ Engineer
verified
SARAT GINGUPALLI
Cyber Security Engineer
verified
OLIVER EKLUND
Software Engineer
verified
NIKA TOMADZE
React Developer
unverified
VIKAS MAGAR
Blockchain Developer
verified
DENNIS LIU
Jr. Blockchain Developer
verified
FRANCESCO VALENTINO
Blockchain Consultant
verified
JOHNBOSCO OHIA
Blockchain Developer Intern
verified
ALESSANDRO BUSATO
Javascript Developer
verified
ANDREW SIMPSON
Jr. React Developer
verified
PIERRE ARAMIN
Frontend Developer
verified
YO FUJIKAWA
Head of Growth
unverified
SHAWN KIRBY
PR Manager & Editor
verified
KATHERINE FLEMING
Marketing Manager
verified
TINASHE NYATANGA
Social Media Marketer
verified

Advisors

Verified 67%

Attention. There is a risk that unverified members are not actually members of the team

GLAUCO VERDOIA
Lead Financial Advisor
verified
DANIELE GALLI
Financial Advisor
unverified
ROSSANO PICCININI
Financial Advisor
verified

Former members

ANDREW WOLF
International Sales Manager

Karatcoin Interviews

SIMONE ORSO
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
We have spent over a year to complete this project in every detail. Breaking the traditional model is very difficult, but I believe Karatcoin will succeed.
CLAUDIA BUSATO
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm co-founder and COO
Karatcoin is a great project with a very professional team
ANDREA VENTURONI
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
As a commodities director, I strongly believe that Karatcoin is a project that has huge potential for development and growth.
GLAUCO VERDOIA
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
within the Project, i cover the investment banking and financial advisory committee positions. i have been following the development of it and i have seen the huge amunt of work and effort that has been so far performed by the Founders and the Team to bring the project to both completion and ICO. it really looks like success is getting closer.
ROSSANO PICCININI
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Worked from '96 at Credito Italiano Bank, Unicredit Bank, Intesa Sanpaolo Group and from 2012 at Suedtirol Bank.
Rossano works in retail banking branches and assist customers with various needs
ROBERTO SANNI
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I love this project, really.
FRANCO CATTAPAN
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Cool project and we will do it great!
SARAT GINGUPALLI
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm a cryptographer, been fascinated about this project and joined in this team.
OLIVER EKLUND
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Great!
VIKAS MAGAR
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Amazing idea and Cool Implementation...!!!
DENNIS LIU
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Developer
FRANCESCO VALENTINO
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm a Software engineering generalist currently specializing in Node, my role in Karatcoin is Blockchain Consultant
I am so glad to be part of this great project!
JOHNBOSCO OHIA
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I will be working as a blockchain developer intern helping more senior engineers develop the project with EOS
ALESSANDRO BUSATO
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I love the idea around this crypto asset and the concept.
ANDREW SIMPSON
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
6+ years of experience in mobile apps and websites

He has touched many areas of technology from mobile apps, to UI/UX design, to machine learning and more
PIERRE ARAMIN
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I love to be part of this amazing project as Frontend Developer
SHAWN KIRBY
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm the editor for Karatcoin, and it undeniably one of the best (and most visionary) coins on the market. We seek to unleash both a revolution and a renaissance onto the global economy by synthesizing the speed, liquidity, and technological advancements of cyrptos, with the trust, loyalty, and anti-inflationary store of value that gold has provide for thousands of years.
KATHERINE FLEMING
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
It’s a transformational initiative that will change how we transact. I’m proud to be part of it.
TINASHE NYATANGA
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Excited to be part of this project. I’m lookong forward to seeing it continue developing and growing.

Karatcoin Last News

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