Puregold.io

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Puregold.io ICO details

Start Date: 2018-1-15

End date: 2018-3-14


Puregold.sg was established in 2010 as an e-commerce store selling value-added gold and silver coins and bars. It is one of Singapore’s premier private mints with its own in-house factory. It aspires to be the leading hub of creative quality premium gift coins and bars that are made in Singapore. Apart from physical retail shops, it also runs and manages an online platform, www.bullioncurrencies.com, empowering merchants and consumers to use gold as the base currency for all transactions. With its experience in the gold price market, Puregold.sg stepped into the global arena of gold trading and electronic gold exchanges.

Puregold.sg is proud to have won the Asia Pacific Top Excellence Brand year 2012. This prestigious award is presented by an influential regional business magazine, the Global Business Magazine. This title is awarded to outstanding brands each year, examined in aspects including brand image, longevity, esteem and familiarity, goodwill, customer loyalty and overall market acceptance.

Bullion Currencies (Pte Ltd) is a subsidiary of Puregold.sg Pte Ltd. It provides an online platform where customers are able to buy and sell gold, and also use the gold as a means of payment when purchasing goods and services. It firmly believes in the notion of “Gold is Money” and has taken this literally into the e-commerce world.

Working together, they provide customers an all-round service and pleasant experience when dealing with their gold transactions.

Puregold.sg, which is headquartered in Singapore, has offices and retail outlets in Vietnam, Malaysia and Indonesia. It has also launched a Gold Dispensing machine in Singapore.

Puregold Token Swap

With the strong business positioning and extensive expertise in the Gold domain, the Puregold Token Swap team envisions to be the First Payment Gateway using PGG, a cryptocurrency supported by Gold. This platform will be fully supported with all the critical components

  • PG Stored Value Cards – to be issued to consumers with PG account that can store both PGG and PGT.
  • PG Payment Terminals – to facilitate merchants to accept payment by PG cards
  • PG Gold Dispenser Machines (DM) – to be installed at various locations to provide 24 by 7 convenient access by account holders
  • PGPay Payment Gateway – the complete suite of backend system and frontend app to support online and mobile transactions

Puregold offers two digital tokens, PGT and PGG, running on two separate ledgers.
PGG works through a digitized ledger on the blockchain whose cryptocurrency value is based on physical gold.
Puregold sets PGG at the current market price for physical gold. The company uses physical gold (of 999.9 quality).
Key differences between Puregold and other gold cryptocurrency blockchains include the following:

  • First Payment Gateway using PGG, a cryptocurrency supported by Gold.
  • Puregold issues two tokens – PGT for transactions; and PGG as a digitized form of physical gold.
  • The physical gold are stored in a decentralized storage unit which is a third party, separately audited security firm that Puregold engages to identify and store investment grade gold, gold jewellery, small ingots (up to 100 grams) and coins.
  • The characteristics of the PGG digitized gold include the following:

    • 100% transparency of information about all Gold in storage.

  • Puregold uses the decentralized blockchain for smart contracts and for tagging of gold to the PGG owner.
  • The potential to gain from an increase in the LBMA Gold Price.
  • A fast user registration system and identification.

The current Puregold platform may include the following:

  • Audited safe deposits.
  • www.bullioncurrencies.com — the Gold-Commerce Platform that allows individuals or corporate to buy gold of any amount and use it to pay for goods and services around the world.
  • Application Programming Interface (API) for building application software and for helping software components interact.

Team

Andy Loh

CEO and Founder

Michael Tan

Chief of Sales

Christopher Bridges

Legal

Lee Kai Mun

Chief of Technology

Eric Alexandre

Jetcoin Founder / Blockchain Advisor

Shawn Tham

Chief of Marketing

Leong Keat

Sung Accountant

Koh Wee Lit

Project Adviser

Tan Lian Chai

Engineer

Lionel Kelvin D'Cruz

Marketing

Kayson Toh

Key Adviser

Kok Woei Tang, Jenson

Project Adviser

Aaron Troy Cassar

Co-Founder of Natures Coin

Anna Pelova

Contributing Writer

Elias Tan

CEO & Founder At Bitcrypto.Asia

Milestones

JAN 2010
Established 2010 in Singapore. Selling value-added gold and silver coins and bars.
2012
Won Asia Pacific Top Excellence Brand 2012 2012.Excellence in brand image, customer loyalty and market acceptance. Read the article here.
2013
Showcased in Singapore Visitor Center 2013.Recognised as a strong Singapore brand.
JAN 2017
Asia's First Gold ATM Machines that dispense real Gold. Check out our video archive.
2017
Offshore offices in Malaysia & Vietnam. Global market expansion and acquisition of raw gold.
2017
Lazada Top 5 Most Competitive Seller Award 2017. Award given to companies whose products are top seller in many countries.
2017
Bullioncurrencies.com soft launched. The start of a new revolution to define Money and bring back trust!
JAN 2018
ICO. Wide-spread promotion and usage of digital gold as medium of exchange.
2018
Business Expansion.Expansion of Company offices to Indonesia, Thailand, and many other countries. Establish PG-Pay as the World's Leading Digital-Gold Payment Gateway.
2019
Initial Public Offering in Major Exchange. To gain credibility and ultimate trust from the public.

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