As a successful business operator in Gold, Puregold.io is looking to build a Gold Commerce Platform for digital gold payments. Puregold was founded in 2010 as an e-commerce store selling value-added gold and silver assets. Besides the physical stores being run by Puregold, it also runs and manages the online platform www.bullioncurrencies.com. By providing the first payment gateway which is directly linked to gold, Puregold.io sets a new standart for secure and flexible asset administration.

How it works

The main ecosystem of Puregold is run by two important elements: PGG (Puregold Gold) and PGT (Puregold Token). These two digital tokens are running on two separate ledgers. The value of PGG is set at the current market price of physical gold and the token is used as a digitized representation of physical gold. PGT on the other hand is used for transactions. The platform will be supported by key components, such as PG Stored Value Cards. These cards will be issued to all consumers with a PG account and they will be able to store PGG, as well as PGT. There will also be PG Payment Terminals to facilitate merchants to accept payment by PG cards. Every Android or IOS device will be able to function as such a terminal with the use of an App. Furthermore there are the PG Gold Dispenser Machines, which will be installed at various locations to provide convenient, around the clock, access for account holders. All of these things play together to create the PGPay Payment Gateway, which encompasses the complete suite of backend system and frontend app to support online and mobile transactions. The Puregold mobile commerce App will include features, like a gold currency exchange, customised loyalty and cashback programs, payment details and a transaction history. There will also be various filters, such as currencies, payment time, shopping methods and more. In addition, the mobile application provides a quick, safe and uncomplicated way of paying by using QR codes.

This means that Puregold is not only offering a simple and safe online solution, but it
is also going to offer a way to make these transactions offline, with the use of the PG Stored Value Cards.

Latest News

After teaming up with blockchain-powered sports and entertainment platform Jetcoin Institute to sponsor an EPL (English Premier League) match and thus becoming the first ICO to do so, Puregold announced a cross-promotion exclusively available on COSS Exchange, effective until 30 March 2018. For this promotion members of COSS Exchange, who purchase PGT until 30 March 2018, will receive an additional 5% of PGT and also a bonus of 10% in JET (Jetcoin). In further news Puregold has also announced that they will buy into the presale ITO (Initial Token Offering) of Jetcoin Champion May Myat Noe (model, singer, actress), making them the first to endorse May as a brand ambassador.

The collaboration of Puregold and Jetcoin to sponsor an EPL match is a surefire way to bring attention to these projects, as the EPL has amassed a giant and loyal following since its inception 26 years ago. The EPL is the most-watched sports league in the world, broadcasting to 212 countries and over 640 million homes, generating a revenue of nearly $6 billion in 2017.

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