SGC Project allows you investing your crypto-resources into the production and acquisition of a precious physical asset – gold, while multiplying your money and making it liquid in both digital and physical worlds! Your invested crypto-resources are used to establish the gold-mining plant in Sudan on the land, granted to SGC Project by the Concession Agreement with Sudanese Government.
Sudan Gold Coin (SGC) is a cutting edge cryptocurrency Project, which provides its ICO investors with a unique opportunity to invest both in crypto and real worlds by backing digital tokens (Sudan Gold Coin) with a defined amount of physical gold.
The amount of gold, assigned to each token initially, at every stage of the Project realization except post-ICO stages is constant and equals 0.05 grams. Yet, the price of the token differs at each stage of the Project Maturity from 50 cents up to 1.9 dollars. After launching the gold mining operation in Sudan, which is the eventual purpose of ICO Project-Part realization, the mined gold starts to be distributed betweentokens until the initial obl igation of 0.05 grams per token is met.
However, the most interesting option for investors is the ever-growing weight of the acquired token. Bought at the early stages of the project for $0.5-$1.25, the tokens are not only 0.05 grams liabilities but a surefire way to quarterly bring their holders approximately 0.03 grams in the weight of gold per each token, distributed from the mined gold. Such proposition allows investors choosing the most desired and appropriate strategy:
• To indefinitely continue accumulating the gold amount assigned to each token through quarterly gold distributions;
• To exchange tokens for gold, which can be sold either by SGC or by the investor himself or passed to the investor in the form of solid gold;
• To combine the above-described two strategies
Sudan Gold Coin Project utilizes a blockchain based technology of Ethereum Smart Contract that provides maximum security and transparency of the invested funds, while keeping up with the most recent global ICO legislation developments. Thus, all the investments are placed not with Sudan or Dubai (UAE) company but with the holding company, located in Zug, Switzerland, where the ICO project is initially audited and the permission for ICO activities is officially given by FINMA, the organization responsible for financial monitoring of ICO projects.