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Sudan Gold Coin (SGC) Price Chart Market Cap (SGC/USD)

Sudan Gold Coin (SGC) Price Chart Market Cap (SGC/USD)

Full Name
Sudan Gold Coin (SGC)
Start Date
N/A
Algorithm
N/A
Proof Type
N/A
Facebook
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Sudan Gold Coin (SGC) Block NumberBlock Number
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Sudan Gold Coin (SGC) Block TimeBlock Time
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Sudan Gold Coin (SGC) Block RewardBlock Reward
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Max Supply
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Sudan Gold Coin (SGC) Net Hashes Per Second Net Hashes Per Second
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Description

Sudan Gold Coin (SGC) Coin Description

Based in Switzerland and operating in Sudan, Sudan Gold Coin is a gold mining investment platform. Users are able to invest in the gold mining market by purchasing SGC tokens which exist physically and each one contains 0.05 grams of pure gold. Sudan Gold Mining plans to gradually increase the percentage of gold in the SGC tokens so its value can keep rising. The company is creating a Gold Mining Plant in Sudan using the investments that came from the SGC tokens purchases.

The SGC token is an Ethereum-based ERC20 cryptocurrency, it also exists as a physical coin that contains a small percentage of gold. It is an investment token as it is tied to the gold price.

Technology

Sudan Gold Coin (SGC) Coin Technology

Sorry, detailed technology about Sudan Gold Coin (SGC) is not currently available

Features

Sudan Gold Coin (SGC) Coin Features

Sorry, detailed features about Sudan Gold Coin (SGC) is not currently available

ICO Status

Sudan Gold Coin (SGC) ICO Details

ICO Status
Ongoing
Token Supply
25000000
Start Date
2018-08-24
End Date
2018-09-30
Fund Raised (BTC)
N/A
Fund Raised (USD)
N/A
Start Price (USD)
1
Security Audit Company
N/A
ICO Legal Form
Corporation
ICO Jurisdiction
Switzerland
Legal Advisers
N/A
White Paper

Based in Switzerland and operating in Sudan, Sudan Gold Coin is a gold mining investment platform. Users are able to invest in the gold mining market by purchasing SGC tokens which exist physically and each one contains 0.05 grams of pure gold. Sudan Gold Mining plans to gradually increase the percentage of gold in the SGC tokens so its value can keep rising. The company is creating a Gold Mining Plant in Sudan using the investments that came from the SGC tokens purchases.

The SGC token is an Ethereum-based ERC20 cryptocurrency, it also exists as a physical coin that contains a small percentage of gold. It is an investment token as it is tied to the gold price.

Team:

  • Dmytro Konoval: Chief evangelist of the project.   
  • Dmytro Shuval: Co-Founder, Social Entrepreneur. 
  • Thomas Varghese: Investor and Company Builder from Silicon Valley. 
  • Kumaravelu Krishnasamy: Operations Director in Sudan.

Sudan Gold Coin ICO began on August 24, 2018. The ICO token supply represents 69.2% of the total token supply, so there is a total of 17,300,000 SGC tokens available, for 1 USD each. The ICO funding target is 10,000,000 USD, the funding cap is 28,000,000 USD and is expected to end on September 30, 2018 or when the funding cap is reached. 

Token Reserve Split (30.8%):

  • 16% Strategic Investors;
  • 8% Marketing;
  • 4% Team;
  • 2.8% Bounty.

Sudan Gold Coin ICO features a bounty campaign as well as the following bonus structure., and the token will not be mineable.

Bonus Structure:

  • Private Sale Step 2: 1 SGC = 1.15 USD;
  • ICO Step 1: 1 SGC = 1.25 USD;
  • ICO Step 2: 1 SGC = 1.50 USD;
  • ICO Step 3: 1 SGC = 1.90 USD.
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