Golden Currency

About:

Golden Currency is a project of the first fully functional private currency, and convenient and efficient infrastructure for its use with utilization of modern technologies, including blockchain. Otherwise, we are talking about creating an independent legal private analogue of the Central Banks, which uses the accumulated experience and modern technologies to ensure reliable and convenient money. Here are just some of the advantages that a new currency will provide: 

  • existence in cash (paper, anonymous) and non-cash form;
  • independence from the governments of any countries, political or economic situation in any country, but at the same time the complete legality of its functioning;
  • 100% backed by gold, the storage and management of which is carried out independently of the issuer; the owners of Golden have a guaranteed opportunity to get gold in exchange for Golden;
  • use of modern blockchain technologies for currency infrastructure (starting from ensuring the independent and reliable storage of gold, and ending with the implementation of payments and currency conversion);
  • convenient, fast and cheap conversion into any world fiat currencies and crypto-currencies (a link between fiat and crypto-currencies);
  • familiar modern money infrastructure - ATMs, bank cards, POS- terminals, online banking, mobile applications, etc.
  • The entire infrastructure of Golden will provide its user with such conditions that it will not matter in which currency to keep his funds in terms of functionality. And if so, taking into account the advantages of the Golden currency, it will be favourably for the user to keep money in Golden, which is not subject to national risks and inflation.
The increase of the currency use, and therefore, the maximization of its turnover and the monetization of the project, will take place on the basis of ensuring and developing its competitive advantages.



Intro:

The first global private currency on blockchain, both paper and electronic, 100% backed by gold.



Milestones:

Q3, 2017

GOLDEN CURRENCY CONCEPT.

Q4, 2017

PROJECT START. Primary legal, technical and other analysis. White Paper first draft.

Q1, 2018

PUBLIC ANNOUNCEMENT. Public discussion and finalization of the project. Website. White Paper. Seed round. The project team development.

Q2-Q3, 2018

PRE-ICO. LEGAL ISSUES. Establishment of the final legal scheme, taken into consideration the possibility of tokens legalization as securities and ICO. Identification of the key project partners and terms of cooperation. Currency design.

Q3, 2018

ICO. Tokens in 3 months are traded on cryptoexchanges.

Q4, 2018

THE BANK OPENING. The first branch of Golden Bank is opened.

Q1, 2019

FIRST EMISSION. The first emission of the first global private currency Golden.

Q1-Q4, 2019

INFRASTRUCTURE. The launch of the banking network, currency exchange, and their integration. Development of infrastructure (ATMs, multi-currency bank cards, etc.).

2020

EXPANSION. Additional emissions. Global presence (banking network). Golden becomes a global currency and a number of countries recognize Golden as a reserve currency.