Karatgold Coin Social Media Feeds. About Karatgold Coin. Introduced in 2018, the KaratGold Coin (KBC) is reportedly linked to physically deposited gold in the form of CashGold, a gold standard. KBC was created by the KaratGold Coop to address the inefficiencies and fragmentation of the existing payment system. Karatgold (KBC), together with the KaratGold Ecosystem, believes that it has.
Karatbars cannot be called either an illegal pyramid scheme or a Ponzi scheme. The price of the gold is not overpriced either, but priced properly for a product which is 1 gram of gold sold by the gram. If you look at other companies which sell a similar produce, 1 gram by the gram of 999.9 percent gold, they all are within the same price range. Some companies to mention are Credit Suisse.
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The entire “Gold Independence Day” event was a desperate attempt to prop up the value of the Ethereum-based KaratGold Coin that has been steadily winding down for some time. Herald Seiz, Josip Heit, Alex Bodi, and Ovidiu Toma managed to get a massive cash infusion after this event, even though nobody at the event was able to convert exactly 100 KBCs into 1g of gold.
Karatgold Coin is a well-known cryptocurrency that trades using the ticker symbol KBC. It uses blockchain and operates using a scheme for mining new coins. Karatgold Coin was founded on 2018-07-09. There has been a lot of cryptocurrency news about KBC lately. Click to keep reading about Karatgold Coin.
The initial coin offering may have all but died, but the ICO scammer marches on regardless. Whereas legitimate projects have to wrangle with all kinds of challenges including the strength of the market, generating value for investors, creating a real product and actually delivering on the promises they make, the soulless scammer is unencumbered by technical constraints, work ethic or any sense.
While the 2018 token sale was for its allegedly gold-backed KaratGold Coin. far as to label it a pyramid scheme. First token. Despite this history, Karatbars’ first token, KBC, trades on more.