Golden Currency
Golden Currency
Token: PGCT

New Financial Revolution

ICO dates
Start date: 2018-02-19
End date: 2018-10-15

Registrated in: Singapore

Platform: Ethereum
Type: ERC20


Golden Currency categories
Banking Cryptocurrency Infrastructure
Golden Currency token sale
KYC passing required No | Whitelist No | Restriction for countries No
Soft cap 10,500,000 USD
Hard cap 205,000,000 USD
Tokens for sale 7,600,000
Price 1 PGCT = 1 USD
Acceppting ETH, BTC, Fiat
Golden Currency news, social
Golden Currency search trends in Google
Random whitepaper excerpts

Golden Currency is a project of the first fully functional private currency,
and convenient and efficient infrastructure for its use with utilization of
modern technologies, including blockchain.
Otherwise, we are talking about creating an independent legal private
analogue of the Central Banks, which uses the accumulated experience and
modern technologies to ensure reliable and convenient money.
Here are just some of the advantages that a new currency will provide:
existence in
cash (paper, anonymous)
and non-cash form;
independence from the governments of any countries, political or
economic situation in any country, but at the same time the complete
legality of its functioning;
100% backed by gold, the storage and management of which is
carried out independently of the issuer; the owners of Golden have a
guaranteed opportunity to get gold in exchange for Golden;
use of modern
technologies for currency infrastructure

1. About Golden Currency
1.1. Project goals
1.2. Blockchain use
1.3. Prerequisites for project implementation
1.3.1. Lack of reliable money Volatility of crypto and fiat money Lack of asset-based crypto and fiat money
1.3.2. Lack of independent money
1.3.3. Lack of cash crypto money
1.4. The basic principles of Golden system
1.4.1. Independence
1.4.2. Transparence
1.4.3. Anonymity
1.4.4. Legality
1.4.5. Reliability
1.4.6. Modernity
2. Golden Currency
2.1. What is Golden Currency?
2.2. Forms of payments
2.3. Theoretical basis of private currencies
2.4. Legal basis of private currencies
2.5. Main competitive advantages of Golden
2.5.1. Gold-backed
2.5.2. Reliable. Transparent
2.5.3. Depoliticized
2.5.4. Convenient
2.5.5. Both cash and non-cash
2.6. Target users
2.6.1. Individuals
2.6.2. Investors
2.6.3. Cryptotraders
2.6.4. E-commerce, ...

1.1. Project goals
The main goal of the project is the monetary system establishment of
the new Golden currency, which includes the following elements:
. Golden currency.
The first fully functional global private currency
issuance, both cash and non-cash, 100% backed by gold.
. Golden currency infrastructure.
Establishment and development of
infrastructure for new currency operation, ensuring its efficient and
convenient utilization and maximizing its use.
The key elements of the infrastructure are:
global banking network with banking infrastructure (Golden Bank);
urrency exchange integrated with the banking network
(Golden Exchange);
gold depository.
1.2. Blockchain use
Ten years ago the establishment of entities and systems that could be
completely transparent and virtually independent of certain people was
difficult. And consequently the development of reliable independen...

in management and control of gold reserves - as an important
element of reliability and transparency, publicity of the system;
in the banking network - for cross-border payments, transfers,
currency conversions - to ensure speed, reliability, universality, as
well as for integration with the currency exchange;
in the currency exchange – for fiat and crypto-currency exchange to
ensure the speed and reliability of transactions
In general, the blockchain technologies will be aimed at ensuring
decentralization, control, providing link between fiat and crypto-currencies
and opportunities for banking and currency transactions, as quick as
possible, with minimal costs to the user.
1.3. Prerequisites for project implementation
1.3.1. Lack of reliable money Volatility of crypto and fiat money
Bitcoin and many other crypto-currencies, showing volatility, sometimes
reaching 30% or more for even one day - currently do not provide favorable
opportunities to effectively use...

Examples of countries with hyperinflation
The largest
monthly inflation
Equivalent inflation
per day
Historically instability and a high level of inflation can happen also in the
most developed countries, For example, in the USA during the period
between 1979 and 1980 the rate of inflation was above 12%, which seemed
significant for population, taking into consideration, for example, the
corresponding level of inflation of 2.07% in 2016. Lack of asset-based crypto and fiat money
Bitcoin and many other crypto-currencies do not have any backing.
Their price is mainly determined by the ratio of supply and demand. The
absence of any back...

The oldest currency - the British pound - since its founding in 1647 lost
99.5% of its value.
1.3.2. Lack of independent money.
The issuance of private money historically took place and often got
widespread use. For example, in the USA during the period between 1837
and 1866 of the so-called 'Free Banking Era' about 8000 different types of
money have been issued by private banks, shops, restaurants and even
Presently there are no recognized currencies that would not have
national interests. Currency issuance, as a rule, is monopolized by the
Central Banks of the states, and, consequently, the stability of such
currencies depends on activities of such states.
1.3.3. Lack of cash crypto money
Cash is a legal instrument for anonymous payments. In many cases it is
a convenient and understandable payment option.
Despite the development of non-cash payments, about 85% of all
payments in the world occur with the use of cash.
'The cashless society, as appeali...

1.4.2. Transparency.
Transparency is one of the elements of trust in the system and one of its
competitive advantages.
In no case it is meant to provide transparency at the expense of
In this case, transparency means maximum transparency of the system
itself, its operation and management.
For example, the amount of money in circulation at a certain time, the
amount of gold reserves - will be transparent, known and have reliable
confirmation (for example, from the largest independent agencies, auditors
and consultants). This applies to many other elements of the system, for
example, corporate governance, used IT-elements, etc.
1.4.3. Anonymity.
The system will be based on the principles of maximum anonymity for
users of Golden, in case it does not conflict with other principles,
Paper cash Golden itself is the best anonymous tool for those who use
1.4.4. Legality.
Legality is the key, fundamental principle of the project. Golden

corresponding reliability, whether in money protection that must correspond
to the best modern world practices, or in protection of electronic systems
and payments, etc.
1.4.6. Modernity.
In implementing and developing the elements of the Golden system, the
best world practices will be analyzed to select and implement the most
modern and reliable of them.
Also, the possibility of easy updating the elements to more modern
technologies will be taken into consideration. Other things being equal, the
system will be based on the principles of possible replacement and updating
of such elements without damage to the system.
2.1. What is Golden Currency?
Golden is a fully functional currency, but with additional advantages.
If you live, for example, in the US - for you the Euro and the Turkish lira
is the foreign currency, if you live in Europe - for you the Russian ruble and
the Chinese yuan is the foreign currency.
Now imagine that among the currencie...

Golden Currency Roadmap

Q3, 2017
Q4, 2017
PROJECT START. Primary legal, technical and other analysis. White Paper first draft.
Q1, 2018
PUBLIC ANNOUNCEMENT. Public discussion and finalization of the project. Website. White Paper. Seed round. The project team development.
Q2-Q3, 2018
PRE-ICO. LEGAL ISSUES. Establishment of the final legal scheme, taken into consideration the possibility of tokens legalization as securities and ICO. Identification of the key project partners and terms of cooperation. Currency design.
Q3, 2018
ICO. Tokens in 3 months are traded on cryptoexchanges.
Q4, 2018
THE BANK OPENING. The first branch of Golden Bank is opened.
Q1, 2019
FIRST EMISSION. The first emission of the first global private currency Golden.
Q1-Q4, 2019
INFRASTRUCTURE. The launch of the banking network, currency exchange, and their integration. Development of infrastructure (ATMs, multi-currency bank cards, etc.).
EXPANSION. Additional emissions. Global presence (banking network). Golden becomes a global currency and a number of countries recognize Golden as a reserve currency.
Igor Chekun
Igor Chekun CEO, Founder

Lev Voronov
Lev Voronov Founder