From the BlogSubscribe Now

KaratGold Coin (KBC) Has Renewed Relevance In Today’s Market

At the time of this writing, Bitcoin prices are rising again, along with pretty much everything else in the market. A new crypto hype?

In the last months we saw a different picture and the crypto markets nearly collapsed – even the most famous stablecoins. Hence,it is clear that the market needs an alternative it can trust. Enter KaratGold Coin (KBC).

KaratGold Coin was introduced to the market through an ICO in February 2018, shortly after the 2017 ICO boom had gone bust. Despite seeing an initial price drop during the first months of a persistent Crypto Winter, KaratGold Coin slowly gained value for most of the following year, and is (at the time of this writing) trading right around its ICO price. Obviously, this is a coin with a compelling use case. But how does KaratGold Coin actually work?

KBC has a set value relationship with CashGold, physical bills for which they can be exchanged. The coin’s circulating supply is also backed by CashGold reserves. With CashGold, Harald Seiz, the mastermind behind Karatbars, presents a gold-as-money approach, with tiny bars of gold built into physical bills (just like Dollars or Euros)..

This way, investors can buy physical gold, without ever having to own or store it. The KaratGold digital ecosystem makes KBC instantly tradable against Bitcoin, Ethereum, and a growing number of fiat currencies. Retailers and private traders around the world are starting to accept KaratGold Coin for a variety of goods and services. KBC holders can also use their coins to pay for service on the new IMpulse K1 Phone, the first blockchain-powered smartphone that works based on a newly created Voice Over Blockchain Protocol (VOBP).

The KBC ecosystem has many advantages and and embodies a highly attractive investment opportunityviewed from the perspective of a cryptocurrency investor.

KaratGold Coin (KBC) has an opportunity to make a powerful case for itself, as we wait to see the fallout from the Bitfinex/Tether debacle.

Join the Discussion!