Sudan Gold Coin

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Sudan Gold Coin ICO details

Start Date: 2018-2-28

End date: 2018-3-28

    • Category: Cryptocurrency, Manufacturing
    • Token: SGC
    • Platform: Ethereum
    • Initial price: 1.00 USD
    • Bonus: ICO early stage 1 SGC = 0.75 USD ICO medium stage 1 SGC = 0.90 USD ICO final stage 1 SGC = 1 USD
    • Accepting:

 About Sudan Gold Coin

Idea of the SGC project was to create a gold mining facility in Sudan along with a cryptocurrency, which value would be fully pegged to the amount of mined gold. Up till date this is an existing business, fully staffed with experts, equipped with all needed documents: geological exploration of the site, soil samples, developed scheme of gold mining process and gold synthesis, as well as multiple agreements with representatives of the Sudan government and our multiple partners. Financing will be raised by issuing and proposing the Ethereum based tokens during the ICO.
The mining facilities in Sudan will be managed by the audited Dubai company – SG mining Co. The decentralized gold exchange will allow to use the SGC token as the main currency for
purchasing gold extracted by the any mining company and cross-sale between the gold buyers/sellers, banks and other customers.

The world’s first blockchain option for gold mining project’s aim is to establish the high-technological and profitable gold-mining business in Sudan. The study area 8017.8 Km2 that study area is located in an area of promising gold mineralization potentiality zone.

The concession area of the block in Northern State is under the name of GS Multi Activities CO. LTD Financing will be raised by issuing and proposing the Ethereum based tokens during the ICO. The mining facilities in Sudan will be managed by the audited Dubai company – SG mining Co. The decentralized gold exchange will allow to use the SGC token as the main currency for purchasing gold extracted by the any mining company and cross-sale between the gold buyers/sellers, banks and other customers. The unique combination of real gold mining business and an integrated decentralized exchange will ensure the stable growth of the token price.

HOW IT WORKS

sudan

  • You join project by purchasing tokens (1 token = 0.75$ – 1$)
  • Tokens start circulating on exchange with price tied to gold (10 tokens = 0.5g of gold)
  • Gold-mining plant is established
  • Plant generates gold. The token to gold ratio increases (10 tokens = 1g, 2g, 3g …. of gold)
  • Tokens purchased from the market (1 token = 4$, 8$, 12$) or exchanged to real gold
  • Banks and miners and traders join the decentralised exchange
  • Decentralized exchange on blockchain technology is opened
  • Revenue is secured with gold

Business structure

✓ All fund received during the ICO contributed into the statutory capital of the Dubai SG mining Co.

✓ The Dubai SG mining Co controls the 100 % of the Sudanese company (for purposes of operative financing, payment of salaries to key technical staff, and possibility of influencing the management decisions of the Sudanese company).

✓ Dubai SG mining Co purchases the mining equipment in China and leases it to Sudanese company

✓ Sudanese company extracts gold and after paying taxes exports to the United Arab Emirates to Dubai SG mining Co.

✓ The Sudanese company remits the leasing payments to the Dubai SG mining Co through provides the mined gold versus leasing payments and dividend 50% of the net income Dubai SG uses for buy tokens from the market or exchange them for bank gold certificates.

✓ For business expansion purposes (development of new gold mining sites, creation of the gold bank, decentralized gold exchange platform, etc,) the Dubai SG mining Co may announces new ICO .

Team

Dmitrii Konoval

CEO SGC, Founder SG Mining CO

Igor Grigorenko

Project Manager

Fahd el Saleh

SG Financing Manager

Elhadi Mohammed

Lead Mining Engineer, Mining Consultant

Khalid Ali Babikir Mohamed

Senior Geologist

Hakim Badawi Mirghani Mohammed

Geologist Engineer

Rustam Mamedov

CTO Co-Founder

Oleh Burmenko

Development Frontend Developer

Sudan Gold Coin Advisors

Dmitriy Zolotarev

Chief Information Security Officer

Dmitrij Dudinov

Investment projects Advisor

Devon Wesley

Blockchain Engineer

Anthony Dominic

Marketing Strategist

Paulo Carneiro

Expert in gold mining and trading projects

George Erman

ICO Analysis Expert

Dmytro Shuval

Director of the International Agency for Regional Development "Globee"

Milestones

Q4 2017 - Pre-ICO
- October - Providing 500,000 SGC coins for 0.5USD - Duration: 1 month
Q4 2017 - ICO
- November - Providing 18,000,000 SGC coins for 0,75 - 1USD based on stage - Duration: 1 month
Q2 2018 - Developing Modular Mining
Complex for growing mining potential and amount of gold.
Q4 2018 - Additional sections
Installation of additional sections for Modular Mining.
Q2 2019 - Gold Exchange
Development and open testing for Decentralized Gold exchange based on Blockchain technology.
Q2 2020 - Integrations
- Banks Integrations to the Decentralized Gold exchange - Gold mines integration of 3-rd party mines and mining businesses to the Gold exchange.

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1 Comment
  1. Reply
    Gregory
    24.03.2018 at 9:45 pm

    You are behind schedule as I see, maybe you have issues? The mining idea is lovely I just fear you are not the ones to do this right

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