| Country | United arab emirates |
| Type | Utility |
| Www | https://onegram.org/ |
| Slack | https://slack.onegram.org/ |
| Price in ico | 41.6600 USD |
| Ico start | 27th May 2017 |
| Ico end | 24th Sep 2017 |
| Token | OGC |
Backed by one gram of gold
OneGram uses blockchain technology to create a new kind of cryptocurrency, where each coin is backed by one gram of gold at launch.
Historically gold is more resilient, and holds its worth better than any fiat money, particularly in times of economic instability.
No currency can guarantee absolute stability, but OneGram limits your exposure to the downside risk.
Because the base price of OneGram is always at least equal to the spot price of gold, OneGram has a floor price.
Growth with every transaction
Each OneGram transaction generates a small fee. Unlike other cryptocurrencies, in OneGram, this fee is reinvested (net of admin costs) to buy more gold and increase the amount of gold that backs each token.
As transaction volume increases, more gold gets added to the vault and all OneGram owners share in the profit. So, over time, each OneGram is fundamentally worth more by design.
OneGram is an asset class that increases in value. Not just from the price of gold but also from the amount of gold that backs each coin, which increases with each transaction. This makes OneGram a forever increasing valuable asset.
What is OneGram?
OneGram is a digital token, where each coin is backed by one gram of gold at launch. In addition, each transaction of OneGram Coin (OGC) generates a small transaction fee which is reinvested in more gold (net of admin costs), thus increasing the amount of gold that backs each OneGram. Therefore, each OGC increases in real value over time, making OneGram unique among cryptocurrencies.
Missing whitepaper? Let us know.
GoldGuard Partnership
GoldGuard is licensed with Dubai Airport Free Zone (DAFZ) to trade jewelry, namely gold. Established in 1996, within the boundaries of Dubai International Airport, DAFZ is one of the fastest growing Free Zones in the region.
OneGram Initial Coin Offering (ICO)
Only 12,400,786 coins are available in total. The ICO starts on May 27th, 2017 and will end when all coins are sold. 100% of all coins are distributed during this ICO stage.
Testnet launch of OGC
The test network for OGC transactions will be launched.
Block Explorers
We will launch Multiple implementations of OneGramCoin block explorers with complete REST and websocket APIs, allowing our users insight into transactions propagated on the blockchain.
Final Day of the ICO
This is the final day of our initial coin offering if all the coins haven’t sold out yet.
OneGram Wallets for all platforms
We will release the full node desktop wallet, desktop SPV wallet, Android/iOS wallet, Web wallet. Our wallets will be focused on superior user experience. All our wallets will remain open-source, will be non-custodian in nature, and will support multi-signature and Hierarchical Deterministic (HD) architecture. The web and mobile wallets will display funds not only in OGC but also in BTC and major fiat currencies at market price.
Mainnet launch of OGC
The main network for OGC transactions will be launched.
Coin distribution and exchange listings
OGCs will be distributed to ICO participants and listed in popular cryptocurrency exchanges.
OneGram ATM
We will be rolling out OGC ATMs starting in Dubai and gradually across Middle East, Africa and Asia.
Yalapay
A new payment gateway, YalaPay, will be launched for OneGram coin. Apart from fiat currency conversion, YalaPay will include marketing tools such as a white label loyalty program for merchants, featuring hot deals, and discounts for customers. The model will be first introduced in Dubai and Abu Dhabi, with the payment institution license already in place.
Liquid Gold
A GoldGuard Mastercard debit card (“Liquid Gold”) will be offered to our users, which will work across the globe in ATMs, POS systems and online. They can be recharged with Fiat, OGC or Gold through our payment gateway, online or through GoldGuard ATM machines.