KuCoin blockchain asset market is proudly announcing the listing of GramGold Coin Collaboration’s GGC. Deposits are now available with supported trading pairs including GGC/BTC and GGC/USDT.
All trading processes are done utilizing KuCoin’s mobile application or thru their website at www.kucoin.com. Schedules are as follow:
GGC Buying order: 15:30 November 30, 2018 (UTC+8)
GGC Selling order: 16:00 November 30, 2018 (UTC+8)
GGC Withdrawal: 18:00 November 30, 2018 (UTC+8)
About GramGold Coin Collaboration (GGC)
GramGold Coin Collaboration company manages and issues the GGC through the utilization of gold bullion with the blockchain as a transaction platform. GGCC means to integrate product design, interest alignment, and market dynamics to develop GGC’s acknowledgment by all market participants as a base digital token for financing, payment, trade, and value preservation that most fiat money and crypto assets cannot produce due to the constraints they face.
What is GGC?
GGC is 100% backed by gold bullion before it is ever circulated onto the blockchain. Every single GGC is issued out of Gold already purchased and held by vault service providers
instead of crowdfunding from ideas and plans, which is the biggest difference between GGC and other cryptos. We call our process, an ‘Initial Coin Circulation’ (“ICC”), instead of an ‘Initial Coin Offering’ (“ICO”).
Who offers GGC?
GGC is offered by a smart contract designed by GGCC, which itself was established by a group of financial/IT professionals, each with over 20 years of experience. GGCC is a Special Purpose Company (SPC). The only business objective of this SPC is to offer GGC on blockchain and develop GGC related solutions to serve participants of the Ecosystem.
How many GGC tokens are required in the crypto world?
One billion GGC tokens would be capable to meet the demands for GGC development on different stages.
1) For Hedge & Stable Coins – 10% of Cryptos outstanding, ~25 billion market cap, ~600 million GGC tokens.
2) For Investment Coin – 10% of Gold ETF outstanding, ~10 billion market cap, ~240 million GGC tokens.
3) For Reserve Coin – 10% of world gold reserve, ~3367 tones, ~3.3 billion GGC tokens.
4) For Payment Coin – 10% of USD Money Supply (M1), ~360 billion, ~8.6 billion GGC tokens.