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ICOLINK.COM publishes the Initial Coin Offerings (ICO) List (directory) with brief descriptions, video presentations and links to websites, whitepages and social accounts in a convenient listing with the ability to search by categories and other criteria among the Active, Upcoming and Finished ICO.

What is ICO?

The abbreviation ICO stands for Initial Coin Offering, that is, the initial placement of coins (tokens). During the ICO, the project team sells digital tokens for cryptocurrencies or fiat money to investors. Later, these coins can be used on the project platform as an internal currency or trade them on exchanges. Also, instead of ICO, the term "crowdsale" is often used. 

Seven simple tips how not to become a victim of ICO-scammers

Despite the increase in the number of scammers, seven simple tips will avoid losing funds when investing in new projects. This information will help you quickly assess the potential prospects of IСO in terms of investment safety and significantly reduce your time spent on analysis. 

We do not rule out the possibility of the appearance in our listing of projects aimed at collecting funds only. Therefore, all our ratings are estimates of community members and show just recommendations to the authors of IСOs in the list.

ICOLINK.COM does not sell ratings in the list and does not involve outside experts. Due to this, we suggest that you independently evaluate the financial prospects of an IСO. In our opinion, it is the best way to avoid fraud.

Study the profiles of the startup team members on LinkedIn and other Social Networks 

It makes sense to carefully study the profiles on LinkedIn of key project participants (founders, managers and advisors) and try to find out on open sources real stories of their previous work experience. More credibility looks the ICO indicating on the pages of their website and in social accounts the real addresses of offices and real contact information.

Check the applications 

Read between the lines when it comes to the statements of project representatives. Before investing in the ICO, check to see if the statement of the project's representatives is unfounded. Read the Media topics linked on the ICO website and check the ratings on the main ICO Listings (some of these ratings are paid, some are not, so treat them as average indicators, which together can warn against investing in dangerous ICO).

Invest only in the existing product 

Stay away from ICO, which do not have at least a minimal working version of the product. We are talking about a viable service that should have a map of technological development and be at a certain stage of development. Do not invest in companies that just offer an unsupported ERC-20 tokens

Be wary of small projects 

A low collection threshold for ICO does not mean that it is not fraud. On the contrary, this may indicate the desire of criminals to provoke trust and attract as many investors as possible within a short period of time. Often in this case, scammers try to manipulate investors, speaking about the high price potential of the token.

Be wary of financial pyramids

Try to avoid investing in projects offering attractive bounty programs with network marketing features, reminiscent of their structure, financial pyramids.

Do not believe false promises

If a new startup emerges from nowhere, and its team emphasizes its revolutionary nature and promises a significant return on investment in the shortest possible time, you should study the project more carefully before investing in it. Fraudsters are excellent at throwing dust in their eyes and operating with a thirst for quick profit. 

Carefully study the Whitepaper 

When reading a Whitepaper, pay close attention to the Disclaimer, quality of the texts, the adequacy of the market and competitors analysis, and also the accuracy and clarity of the proposed product description

Be careful with participation in ICO-projects, do not accept all statements of startups on faith, independently research the work of the company and trust your intuition.
All information is published in the ICO List only for informational purposes and is not a recommendation for participation in a particular ICO or Crowdfunding Campaign!

Initial Coin Offerings Best LIST

"Link your ICO to Success!"

Here you can find the ICO short description, user reviews, details and links to the ICO website, whitepaper and Social Channels.

All information is published in the ICO List only for informational purposes and is not a recommendation for participation in a particular ICO or Crowdfunding Campaign!

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ICO W12 Token Sale
MOSCOW-BLOCKCHAIN-CONFERENCE

ICO «Sudan Gold Coin»

«Mining»

Active
4.56 (1 votes)
Share this ICO in Social Networks:

ICO «Sudan Gold Coin» Listed:

November 22, 2017
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Community Member:

Dmitrii Konoval

Bitminer Factory
Bitminer Factory
MiningActive
Bitminer Factory is a startup from Angeli’s Group, constructors and energy producers for 40 years. With more than 20 collaborators and more than €3M ...
BITFXT
BITFXT
MiningPreICO
BITFXT is an IT firm that develops valuable blockchain software. We aim to bring the “blockchain” closer to the people by building interactive ...

ICO Description

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 about 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.

SGC pay

To make a secure project, we've decided to use a Smart Contract and invite an Escrow.
The ICO funds will be held in a 2-of-3 multi-signature Vault. Each escrow will hold one of two necessary keys for withdrawing funds and the Sudan Gold Coin developers will also hold one. We have decided to use a multi-signature vault in order to secure and maximize the trust that our investors have in us as a team. By using this vault, the invested funds can only be withdrawn if two of the three signers agree.

Our escrow conditions:
1. All funds raised during the ICO must go directly to the multi-signature Escrow wallet.
2. If the ICO minimum amount doesn't rise, a refund will be initiated.
3. If the core team is not online or not responding to messages for a period of seven (7) days or more, a refund will be initiated.
To make refunds possible, the Escrows will have the access to the email address, will monitor the amount of Crypto-currencies invested per account and the Crypto-currencies address supplied by the user for the refund.

Problems and solutions

Gold at all times was an extremely valuable metal, it was used as a measure of the value of things. Even now, gold is used in the world economy as a powerful tool. However, in the modern world it is impossible to freely use gold anywhere in the world due to legal restrictions. Therefore, in the modern world, cryptocurrencies have become extremely popular - anonymous payment methods that can be used from any place in the world. However, the rate of these currencies is extremely unstable due to the fact that the price of any cryptocurrency is settled exclusively by demand / supply. After analyzing these factors, Dmitry decided to create the world's first cryptocurrency, which value will be backed by a gold reserve. That's how the Sudan Gold Coin project was born.

Growth of the token

Each token at the beginning will be tied to the 0.05g of gold per token. That will be the token’s "weight". Each day a fully functional plant (if a project will achieve $16.500.000 - the plant will be fully functional) - will be able to process 1500 tons of ore. If the project won't get $16.500.000 - the numbers may differ. A fully functional plant will be able to produce around 10kg of gold per 24h. Some part of this gold will go to pay the bank services, salary etc. But a big part of it will be tied to each SGC token. Each quarter of mining the amount of mined gold will be fixed on a blockchain and each SGC token weight 0.06g, 0.09g, 0.12g and so on...of gold. The price of token will grow each quarter.

✅ ICO Sudan Gold Coin VIDEO PRESENTATION

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✅ COMMENTS about ICO "Sudan Gold Coin"

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ICO Details

ICO «Sudan Gold Coin» Stage Start: August 24, 2018

ICO «Sudan Gold Coin» Stage Finish: October 17, 2018

ICO «Sudan Gold Coin» Symbol: SGC

ICO «Sudan Gold Coin» Platform: Ethereum

ICO Rating

Idea
4.00
ICO Advisors
5.00
ICO Team
5.00
ICO Website
5.00
Whitepaper
4.00

 

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