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OneGram Coin

OneGram Coin


OneGram Coin's financial review


OneGram Coin information

OneGram is the community of crypto enthusiasts and developers bringing the first physically gold-backed and Shari'ah compliant cryptocurrency based on blockchain technology. Each Coin is Backed by At Least One Gram of GoldOneGram has partnered with Gold Guard, to house the gold that backs each OneGram coin (OGC). Initially, each coin will be backed by one gram, but that will eventually change. Wit...
OneGram is the community of crypto enthusiasts and developers bringing the first physically gold-backed and Shari'ah compliant cryptocurrency based on blockchain technology. Each Coin is Backed by At Least One Gram of GoldOneGram has partnered with Gold Guard, to house the gold that backs each OneGram coin (OGC). Initially, each coin will be backed by one gram, but that will eventually change. With each transaction that uses OneGram, a 1% transaction fee will be charged. 30% of this fee will go towards administration fees, charity, and a few other uses. The other 70% of this fee (.7% of each transaction) will be reinvested in more gold. This means that each OGC will be progressively backed by more and more gold, but will never be backed by less than one gram of gold. The maximum transaction fee is equal to 1 OGC.Sharia CompliantAs outlined in the whitepaper on www.onegram.org , it can be argued that the fiat money used throughout the Islamic world (and the rest of the world) is not Sharia compliant. Since OneGram is backed by actual gold, it is Sharia Compliant. This means the coin has a huge potential for use in the Middle East, and by Muslims in general.Supply is Limited After ICOThe maximum number of OGCs in existence, is the total bought up during the currently active ICO. This is approximately 12 million OGCs. This would equal a market cap of roughly $500 million. Blockchain technology for maximum safetylockchain technology enables a decentralized, anonymous, deregulated, efficient and affordable cryptocurrency transfer. The reference implementation of the OneGram blockchain is written in C++ to achieve maximum efficiency and performance, as well as multiplatform compatibility

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