BGC Token (BGC) is the token that has been issued by the Birmingham Gold & Silver Companies on the Waves Platform to close the gap between the percentage of spot price paid for gold, silver and platinum and the actual spot price for these precious metals. When a member of the public wishes to sell gold, silver or platinum they can receive anywhere from 50% of market price from local jewelers up to 93-95% of market price, paid by the Birmingham Gold & Silver Companies. Unlike any other company in the world, if BGC could pay 99% of market price, the turnover would quadruple and the general public would receive a lot more for their gold and silver which would in turn be a win-win situation. Dealers and jewellers can pay anywhere between 50% of spot price up to 90% (for the Public not Trade). BGC is currently paying around 93-95% of the spot price which is slightly above industry standard and have an excellent reputation in the business.
BGC Aims
- Funding the gap by issuing BGC token to be traded on the Waves platform and exchanged for bitcoin, Ethereum, waves, euros, dollars etc, BGC will raise sufficient capital to fund this gap, thereby ensuring the Public at large gain the maximum possible for their scrap and unwanted precious metals and in turn raising their turnover and hence overall profitability. With this funding, the general public will receive 99% of the spot price for precious metals which will make BGC the highest paying dealer of these metals in the world.
- Promoting the 99% of spot price by using all the revenue raised from the sales of BGC token to create awareness across the UK, USA, EU etc.
- After achieving aim 1 & 2, buying, selling & trading of precious metals i.e. Gold, Silver, Platinum & Palladium with cryptocurrencies & altcoins via BGC websites will be setup.
However, the Birmingham Gold Token (BGC) is a token on the Waves Platform. It is NON-RE-ISSUEABLE. The distribution is given below;
Total Amount of Tokens: 210,000,000
Tokens not for Sale: 21,000,000(10%)
Tokens up for Sales in ICO: 189,000,000 (90%)
Waves ID for BGC 9nKh14XcTvLu137wcnzWZUoTTvDMg4BS19VpUtZJxwTQ
Waves Exchange 3PNjRwSGmrAW7aBRz49NMpLAJ2FoPjo6XiA
Initial Coin Offering (ICO):
The ICO will simply be done by placing sell orders on the Waves Exchange. From the moment BGC is being sold and the Bitcointalk OP is done, anybody can pitch in about what to do with the tokens not sold before November 1st 2018.
Re Bounty /Airdrops: BGC is giving away free BGC tokens as follows;
- 500 BGC tokens until 24/01/2018, then 250 tokens until 31/01/2018. You must (a) Retweet (b) follow @birminghamgold on twitter (c) DM your waves wallet ID and you shall be credited within 24hrs. #waves #crypto #altcoin #bitcoin$crypto.
- Free Points can be earned by participating in our forum and once per week these points will be traded for BGC Tokens.
- 10 BGC Tokens will awarded to every positive tweet/facebook post/share relating to either Birmingham Gold Company, Birmingham Silver Company or the BGC Token.
- 10 BGC Tokens will awarded to every new customer of Birmingham Gold Company, Birmingham Silver Company or the BGC Token.
- 10 BGC Tokens will awarded for every positive post on any forum/messageboard anywhere in the world relating to either Birmingham Gold Company, Birmingham Silver Company or the BGC Token.
For Further Info, Follow the following links:
Website ICO page: https://www.birminghamgoldcompany.co.uk/bgc-token
Websites: https://www.birminghamgoldcompany.co.uk
https://www.birminghamsilvercompany.co.uk
Forum where participants can earn BGC Tokens via their input https://www.birminghamgoldcompany.co.uk/forum2
Bitcointalk: https://bitcointalk.org/index.php?topic=TBA
Explorer:http://www.wavesgo.com/assets.html?3PNjRwSGmrAW7aBRz49NMpLAJ2FoPjo6XiA Block 823700
Twitter: https://twitter.com/birminghamgold
Facebook: https://www.facebook.com/birminghamgoldcompany/
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https://www.birminghamgoldcompany.co.uk/bgc-token
GramGold 14/03/2018 We have ended the token sale due to the massive negative publicity re ICOs in general . The token swap will not be going ahead as the BGC/GGT token project has been abandoned due to lack of support.... we are sorry but this project is over.