OneGram uses blockchain technology to create a new kind of cryptocurrency
Smart contract blockchain
Ibrahim Khan - Founder
JF Hotte - Marketing Consultant
Matthew Mili - Full Stack Developer
OneGram can in a way act as a stable currency, as one token is backed by at least one gram of gold, meaning it shouldn't be affected that significantly by volatile crypto market, but rather follow gold's price movements. Using a 70% portion of the low transaction fee of one percent, more gold is constantly purchased for the backup reserve, which can lead to OneGram token becoming more valuable with every single transaction in theory. To make sure that there is a physical gold behind the token, user can exchange OGC for real gold with GoldGuard at any time.. There is also an interesting feature that this project is compliant with Shariah law and is regulated by rules imposed on financial operations in the Islamic world. The team behind the project is big and consists of many developers and IT specialists.
User ReviewWrite review 5 reviews
I always see a digital investment that is backed by some real goods a very interesting and worth looking into. This one backs it's coin by real gold bars. It comes to a point that you could even change your coins into gold which makes it a reliable asset. However it makes this asset also pointless as you could easily buy real gram of gold a not that fancy digital token.
An Ethereum based cryptocurrency backed by real Gold sounds too good to be true.
This coin can prove to be the game changer countless number of people have been waiting for.
It's an absolutely amazing concept as the value of Gold might also in the long run affect the value of this coin which will make more and more people That have been sceptical about electronic currencies consider Getting on board..
I always like project that have some real value.This coin could be worth a lot if the dollar loses more value .
They should do more on advertising .But this coin is only for a part of the crypto community because gains are not sure if nothing bad happens with the economy.I consider it to be a good coin to have some of them .I think it will be a coin with stable value.I like the concept and wish them luck.
They work closely with Dubai golds, so I think we can be safe when investing that the gold is really there and the value is somehow safe. However I don't think they will get into the market as there are already many well established sites that offer pure gold investments so there is no need for a coin. So to sum up, interesting idea, but not really needed nor useful.
The fact that they every coin is backed by real gram of gold looks very confident. Gold's price is rather stable. They want to reinvest fees from transaction to buy even more gold, therefore the owner of the coin will eventually own some weight of real gold backed behind that coin.
It's a pity they don't focus on wider advertisement and making this project more popular as it's essential to have lots of active user in order to grow. Not much actually to introduce into cryptocurrency community can only interest people because of some real assets like gold getting in.
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