Sudan Gold Coin

Sudan Gold Coin

Created using Figma
Created using Figma
Sudan Gold Coin The world's first block chain option for the purpose of gold mining project is to establish high-tech and beneficial gold mining in Sudan. The research area is located in the area of ​​a promising gold mineralization latent zone, about 8017.8 Km 2 research area. The concession area of ​​the block of Northern State is GS Multi Activities CO. It is called by the name of LTD, and fund raising is done by issuing Ethereum base token in ICO and suggesting it. Sudan's mining facilities are managed by SG Mining, an audited company in Dubai. Regional gold exchange, SGC token as the main currency for purchasing gold extracted by any mining company and / seller, bank, other customers. The unique combination of genuine mining and integrated decentralized transactions ensures a steady growth of token prices.
ICO
Aug 24, 2018
Nov 30, 2018
100% completed
Raised funds - no Data
past
PRE ICO
Oct 8, 2017
Nov 8, 2017
100% completed
Raised funds - no Data
Goal 16 500 000 USD
past
  • 1 SGC
    =
    0.75 USD
Token Details
Accepted Currencies
ETH, BTC, LTC, BCH
Company Details
Registered Country
Russia
Additional Details
MVP/Prototype
Yes
Platform
Ethereum
KYC
Yes
Categories
Cryptocurrency, Manufacturing

About Sudan Gold Coin

The world's first blockchain option for gold mining project’s aim is to establish the high-technological and profitable gold-mining business in Sudan. The study area about 8017.8 Km2 that study area is located in an area of promising gold mineralization potentiality zone.

The concession area of the block in Northern State is under the name of GS Multi Activities CO. LTD Financing will be raised by issuing and proposing the Ethereum based tokens during the ICO. The mining facilities in Sudan will be managed by the audited Dubai company - SG mining Co. The decentralized gold exchange will allow to use the SGC token as the main currency for purchasing gold extracted by the any mining company and cross-sale between the gold buyers/sellers, banks and other customers. The unique combination of real gold mining business and an integrated decentralized exchange will ensure the stable growth of the token price.

HOW IT WORKS

  • You join project by purchasing tokens (1 token = 0.75$ - 1$)
  • Tokens start circulating on exchange with price tied to gold (10 tokens = 0.5g of gold)
  • Gold-mining plant is established
  • Plant generates gold. The token to gold ratio increases (10 tokens = 1g, 2g, 3g .... of gold)
  • Tokens purchased from the market (1 token = 4$, 8$, 12$) or exchanged to real gold
  • Banks and miners and traders join the decentralised exchange
  • Decentralized exchange on blockchain technology is opened
  • Revenue is secured with gold

 

Features

Blockchain option for gold mining project’s aim is to establish the high-technological and profitable gold-mining business in Sudan.
LTD Financing will be raised by issuing and proposing the Ethereum based tokens during the ICO. The mining facilities in Sudan will be managed by the audited Dubai company - SG mining Co. The decentralized gold exchange will allow to use the SGC token as the main currency for purchasing gold extracted by the any mining company and cross-sale between the gold buyers/sellers, banks and other customers.

Technical Info

Technical details:  Ethereum ERC20 standard. The source code:  The code of the product is not available. Proof of developer:  Public team.

Sudan Gold Coin Roadmap

  • Q4 2017 - Pre-ICO

  • - October- Providing 500,000 SGC coins for 0.5USD- Duration: 1 month
  • Q4 2017 - ICO

  • - November- Providing 18,000,000 SGC coins for 0,75 - 1USD based on stage- Duration: 1 month
  • Q2 2018 - Developing Modular Mining

  • Complex for growing mining potential and amount of gold.
  • Q4 2018 - Additional sections

  • Installation of additional sections for Modular Mining.
  • Read More
  • Q2 2019 - Gold Exchange

  • Development and open testing for Decentralized Gold exchange based on Blockchain technology.
  • Q2 2020 - Integrations

  • - Banks Integrations to the Decentralized Gold exchange- Gold mines integration of 3-rd party mines and mining businesses to the Gold exchange.

Activity

Activity:
588
VERY HIGH
Posts:
625
HIGH
Views:
26 302
VERY HIGH
Activity:
588
VERY HIGH
Merit:
526
VERY HIGH
Posts:
1 815
VERY HIGH
Views:
21 457
VERY HIGH
Users:
308
HIGH
Followers:
2 761
MEDIUM
Tweets:
240
MEDIUM
30 Days Growth:
-42
Members:
30 639
VERY HIGH
30 Days Growth:
-3393
Alexa

Rank:
1 342 264
VERY LOW
Delta:
-274 778

Team

Verified 0%

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

CEO SGC Founder SG Mining CO
unverified
Co-Founder, Social Entrepreneur
unverified
Mohammed Hassan Abda...
Director of Security & Logistics
unverified
Project Operations Director
unverified
Lead Mining Engineer Mining Consultant
unverified
Kumaravelu Krishnasa...
Operations Director in Sudan
unverified
Lead Community Manager
unverified
Front-End Developer
unverified
Mohamed Atta Mohamed
Factory Owner
unverified
Kim Sung Bong
Korean Community Manager
unverified

Advisors

Verified 0%

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

Muhieldin Awad Salih
The advisor on political and social affairs
unverified
Social Entrepreneur
unverified
Marketing Strategist
unverified
Expert in gold mining and trading projects
unverified

Last News

3.79
stable
5.0 2
ICO Profile Vision Activity Potential Product Team

Sudan Gold Coin Reviews

Jeremy Khoo
Group CEO | Blockchain Entrepreneur | VeChain ICO Partner | Fund Partner | Exchange Founder |

In itself, its a pretty strong and compelling project to invest in. However, safeguards must be placed and there will be more than a few regulatory hurdles to jump through for this project to succeed.

Read More
bitcoinexchangeguide.com
reviews

There’s a lot of problems with Sudan Gold Coin. First and foremost, we feel that there hasn’t been enough evidence provided by the company to bring us to trust that it’s being honest with its stated goals.

While the company website and whitepaper are detailed, most of the technical information contained therein reads as an academic explanation of gold mining. There are no direct references to what techniques the company plans to adopt in their own mining operation; likewise there’s no direct evidence that there’s even a real mine somewhere.

This makes the entire operation problematic. Without being able to verify the company’s holdings, there’s no way to determine if the money it gathers from its ICO will go towards the building of a mining operation. This places the entirety of the ICO and its ability to be used as a speculative investment into question.

Any ICO is, of course, a high-risk investment opportunity. However, with SGC’s amorphous, vague, and possibly even purposefully misleading corporate doublespeak, this raises too many red flags to justify even a modest investment in SGC.

In other words, we do not recommend investing significant amounts of resources into SGC, as we don’t have much of any expectation that the company will make good on its promises. Don’t invest anything in this company that you aren’t prepared to lose, as the odds do not appear to be in its favor.

Read More
  • Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels.
  • This information is not a suggestion or advice on investing in ICO funding. Please thoroughly investigate the relevant information yourself and decide on ICO participation.
  • If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us.
Please read the disclaimer and risk warning. Show disclaimer and risk warning.
Planning an ICO? We can help with a wide range of support for all stages of your ICO