GID Coin ICO review, all information about token sale GID Coin (GID) | ICORating
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GID Coin

Real Assets

Overview

GID Coin aims to make international currency covered by two goods, diamonds and gold.

Features

GID Coin smart tokens may be traded on various exchanges, where their market price could potentially diverge from the price quoted by the GID Coin smart tokens. Since GID Coin smart tokens do not have functionality for observing prices in the external world, it appears that there is risk of the Smart Token’s price fragmenting.

To provide investors with whole range of advantages of GID Coins Gold&Diamonds plan to build GID Coin’s own blockchain platform (DGP – Diamonds & Gold Platform). However, to reduce costs of the project at the early stages GID coin will be based on Ethereum (ERC-20). GID Coin is the hybrid payable-asset token (securities).

GDP, like all blockchain technologies, uses an incentive-driven model of security.

Crowdsale

Pre-sale
Pre-sale start date 01 Jul 2018
Pre-sale end date 31 Jul 2018
Pre-sale token supply 7,000,000
Token Sale
ICO start date 01 Sep 2018
ICO end date 30 Sep 2018
ICO token supply 15,000,000
Soft cap 40,000,000 USD (fiat)
Hard cap size 490,000,000 USD (fiat)
Legal
Country Limitations Singapore, United States
Token details
Ticker GID
Type Cryptocurrency
Additional Token Emission No
Accepted Currencies

ETH

Token distribution
  • 30% - ICO
  • 14% - pre-ICO
  • 5% - closed presale for strategic investors
  • 40% - reserved for mining at duration of 5 years
  • 10% - team members and advisors
  • 1% - bounty

Ratings

Type of ratings
Rating
Status
Hype score
Medium
Active

Team members

Name
Position
Score
Social
Founder and CEO
NA
ICO Development Director
NA
BD Director
NA
Head of IT Development
NA
Creative Director
NA
Public Relations Director
NA

Advisors

Name
Position
Score
Social
Gold Processing Advisor
NA
Blockchain Advisor
NA
Legal Advisor
NA

Funding Rounds

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info NA

Ended

Start ICO 01 Sep 2018
End ICO 30 Sep 2018
Token GID
Price 1 GID = 20 USD
Product Type Cryptocurrency
KYC No
Country Limitations Singapore, United States
Whitepaper View
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