DECEMBER 11, 2017 Panama, Panama City, Panama. XGold (XGC), the company that created a financial solution to purchase large or small Gold contracts in the Global Market place through a decentralized platform, today confirmed that it will kick-start it’s XGC Coin offering with a Pre-ICO to start on December 15, 2017
“We are excited with the levels of interest that XGC has generated. Our global partners are looking forward to being part of our advance to reshape the way the Gold business works. Lower costs, higher profits, greater security. what’s not to get excited about?,” said Dan Lazarus, President Founder of XGold.
To date, pre-sale interest has been sophisticated and culturally diverse: including experienced crypto investors and early investor groups.
The XGold Pre-ICO will open at 00:00:00 EST on December 15, 2017. XGold will use the Pre-ICO funds raised for Marketing, Development and Administrative/legal, and, to continue to advance their operational goals. XGold has targeted a Soft Cap offering of 500,000 XGC Coin, and plans to raise an approximate initial amount of 20M (USD equivalent). The Hard Cap will be 2,000,000 XGC. Details are provided in the XGold Whitepaper.
The introduction of XGC will synthesis years of relationships and experience in the Gold market to bring fresh prospective: Solving the long debated issue of how to buy Real Physical Gold in safe, private and secure ways whilst removing intermediary threats, and middleman costs.
The company technology is built as a Decentralised Autonomous Organisation (DAO) and based on the Blockchain Platform Ethereum using ERC23 Smart Contracts. This will provide security, flexibility and contractual anonymity whilst being recorded chronologically and publicly on the Ethereum digital ledger.