What do you know about gold or diamonds?
I think the first that is coming into mind – these are natural resources, which are limited, mined and owned only by big companies.
Yes, that’s true.
Countries, which found natural resources (not only gold or diamonds, but oil, coal, ore and etc.) on their territory automatically becoming miners and exporters which have influence on the GDP of the country.
Hopefully it’s also affects on the way of life of citizens of the country.
We want to make international currency covered by two most valuable precious goods in the world,
powered and secured by Blockchain. All the processed will be clear for investor.
You’ll ask “Why both?” – the answer is “Never put all the eggs into one basket”. Cause none of stock brokers buy the stocks only of the one company. We 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.
DIAMOND MARKET
After two big economic recessions in
the world for the last ten years, we
see that there are not so much
markets, which can stay off of it. If
something goes wrong, we see total
falling in stocks, oil prices, metals &
etc. One of the business, which stands
apart from all conditions – Diamonds.
During recession diamond prices are
not falling down, they just stopping to
grow up.
Diamond business is very closed and profitable. Only professionals can
operate on that market. The global market of rough diamonds in world
counts more that 150 million of carats, which cost in total more than
180 billion of US dollars yearly and it’s still growing.
Rates of the polished diamonds basically controlled by Rapaport bourse in Antwerp, Belgium. Also, there is competitive bourse called IDEX, which is also situated in Antwerp.
Gold Market
Of all the precious metals, gold is the most popular as an investment.
Investors generally buy gold as a way of diversifying risk, especially through the use of futures contracts and derivatives. The gold market is subject to speculation and volatility as are other markets. Compared to other precious metals used for investment, gold has the most effective safe haven and hedging properties across a number of
countries.
The following table sets out the gold price versus various assets and key statistics at five-year intervals.
MINING AND PURCHASE OF
DIAMONDS AND GOLD
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.
From our side we plan to use funds in
the following proportion – 30% of
budget goes for the purchase of the
final product.
The rest 70% will be used for the
production which will include the
following processes:
The second way will be done in 2 stages.
Firstly, we can buy rough diamonds and gold from the miners in Africa,
Russia or Canada. Export them from the country of origin to cutting
workshop or gold refinery, then put to the vault for safekeeping.
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.
Our company has enough experience and connections in African countries to start purchasing and mining without risks. Operation are clear and secured for 90%. All risks will be gone right after goods leave African continent.
LEGAL ASPECTS
New company Gold&Diamonds SA
will be registered in Zug, Switzerland
with branches in Geneva
(Switzerland), Antwerp (Belgium),
Luanda (Angola), Singapore, New
York (USA).
The company fully complies with all
legal and regulatory laws of the
operating countries.
The safehouses will be located in
Switzerland (UBS, Credit Suisse),
United States of America (J.P.Morgan
or Citibank) and in Spain (Santander)
or in United Kingdom (Barclays).
Insurance for certified product will be
provided by AXA, Zurich Insurance
Group and Allianz SE.
For banks assets such as polished
diamonds and gold bullions are the
most favorable, so in nearest future
we expect interest to our project
from other banks.
All applicants go through KYC
procedure for selling and buying GID
Coins.
Company may check with the US
Securities and Exchange Commission
(SEC) and Monetary Authority of
Singapore (MAS) whether they
consider GID securities.
ICO
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;
• ICO cap will be set in fiat 20 days
before ICO;
• minimum cap for ICO is USD
40’000’000,00. If less than that
is raised, the investors receive
their funds back;
• GIDE tokens are released when
tokens are distributed around
one month after ICO starts.
The major advantage of the GID token
– that the price for it is going higher or
stable. Is not connected to rumors or
government relations. The price is
related only to the amount of goods,
stored in the safehouses of bankpartners.
Advantages of using GDP rather than
Ethereum are as follows:
• Safer — GDP blockchain uses its
own coins rather than
Turingcomplete smart
contracts.
• Fungible — GDP uses Point-ofStake
(PoS), and since it
relegates its platform to GID
transactions alone (rather than
to additional ICOs) processes
your transactions faster.
• Cheaper — There is no charge
for ether commissions.
GID AS A REAL PAYMENT CURRENCY
With cooperation with Revolut3 online
bank, which are highly involved into
cryptocurrency business we prepared
personal credit card for the holders of
our GID coins:
• Revolut GID Master Card Black;
Price for emission card = USD 100,00
Benefits:
- Only for users of GID Coins. You
need to have not less than 10
GIDs in your wallet to order
Credit card;
- Ordering of credit card without
income confirmation;
- Delivery of the card is free to
any part of the world within 5-7
days;
- Exchanges between 30 fiat
currencies in 60 seconds by the
one click;
- Exchange fiats to 25 global
currencies in the private
cabinet;
- Direct refilling of the card by
IBAN;
- Free mobile application;
- And, of course, you can pay
your expenses by this card
anywhere in the world.
ROADMAP
TEAM
More Information
Author
BitcoinTalk Username : Mulyana Ramdhani
Wallet Address : 0xc3BeEc3CBe1cdF3d642BCD8EA3A473b22BF818A1
