SmartGold initial coin offering (ICO)

Token Based On The Real Gold Mining



A unique token backed by mining and supplying of real gold. The cost is fixed in the metal weight, 1 SGT is equal to 1 gram of gold of 999,95 sample. Our project offers a simple process of involving the blockchain in the real economy. The core economic idea: traditional risks of exploration and production of gold are exchanged for risks of volatility of cryptocurrencies and tokens (insecurity with valuable liquid assets and protection from inflation). The release of tokens is secured by a contract for the supply of goods. Fixing the risks ratio occurs in the price of the purchase of goods in the form of a discount from the market price and is fixed in a unit of physical mass. The commodity of the contract is gold, which is a universal measure of value.

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Starts in 1 year ago
2018-01-25 - 2018-04-25
Token
SGT
Type
ERC20
Price in ICO
1 SGT = 16 - 20 USD
Platform
Accepting
Soft cap
7,000,000 USD
Hard cap
14,200,000 USD
Raised
4274582
Country
preICO start
Dec 10, 2017
preICO end
Dec 30, 2017
ICO start
Jan 25, 2018
ICO end
Apr 25, 2018
More on ICO
Report

About SmartGold ICO

The goal of the project is to release 1,000,000 (one million) SGT tokens to raise funds for the construction of the gold plant and to start the extraction of gold concentrate in Tanzania. Owners of tokens become co-owners of the Main Contract for the supply of gold. One token is equal to 1 g of gold from the Main Contract for the supply of physical gold in the amount of 1 ton (one ton or one million grams). The contract is signed with the local partner company for gold mining for the supply of gold in the period starting since the launch of the gold-recovery plant (the gold plant). The delivery time of the metal under the contract is December 2018 to March 2020.


  • The unit of mass of Precious metal is troy ounce which is 31.1034768 grams.

  • The purity of gold corresponds to the international standard "London Good Delivery".

  • The mass of pure gold in the gold ingot is from 350 to 450 troy ounces (10,886 g - 13,754 g).

  • The weight of each ingot is expressed in troy ounces and is a multiple of 0.025 ounces.

  • The purity of the metal is not less than 999 parts of chemically pure gold per 1,000 shares of the ligature mass.

  • The ingot is marked as follows: serial number, fineness, brand of the manufacturer, year of manufacture.

SmartGold reviews

PlumBot
ICO Analyzer Bot
Rated on Oct 1, 2018
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SmartGold ICO price

Price in ICO

1 SGT = 16 - 20 USD

SmartGold (SGT) crypto

SmartGold coin

SmartGold token
SGT
SmartGold type
ERC20
SmartGold platform

SmartGold (SGT) value

Tokens for sale
800000

SmartGold market cap

SmartGold market capitalization
$ 4274582

SmartGold investment info

Accepting
Min. investment
180 USD
Distributed in ICO
80%
Soft cap
7,000,000 USD
Hard cap
14,200,000 USD

SmartGold whitepaper

SmartGold team

Apply as an advisor

Alexandr Borodich

Advisors

Zairi Namik

Advisors

Willy Konyshev

Advisors

SmartGold milestones

1
Quarter 1, 2018

WePower idea

2
Quarter 1, 2019

WePower idea

3
Quarter 1, 2020

WePower idea

4
Quarter 2, 2017

WePower idea

5
Quarter 2, 2018

WePower idea

6
Quarter 3, 2017

WePower idea

7
Quarter 4, 2017

WePower idea

8
Quarter 4, 2018

WePower idea

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