Onegram ICO - New Altcoin Backed by Gold

A new altcoin called Onegram launches tomorrow. As the name implies, each coin is backed by one gram of gold. It is Sharia approved which is significant in that it means that cryptocurrencies, or at least this one anyway, are now available for those who practice Islam which is a large market at approx 23 percent of world population. Onegram is also unique because each OneGram transaction generates a 1% fee, up to a maximum of 1 OGC, 70% of which is then reinvested to buy more gold and increase the amount of gold backing each token. So, over time, as transaction volumes increase, the value of each OneGram rises by design. You can read more here https://onegram.org/whitepaper/
To find out more about the ICO visit goldguard.com. There is no minimum and you can either go with bank wire or via Bitpay so it looks pretty simple.
I'm new to cryptocurrencies so I'm not sure if I'll jump in on this one or not. What do you think fellow Steemers?

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This is remarkably interesting. Thank you for the share.
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This one will knock your socks off. MOE Farms: http://moefarms.com

Whelps... I'm missing socks now!

WOW!

Seriously interested.

Appreciate your response. Perhaps the best way to go from here would be wherever you would like to start. It is a large, complex business model with a lot of moving parts. It takes a few hours of serious and guided due diligence to understand the relationships between those parts, in order to appreciate the genuine, meaningful and durable value creation it produces.

The math, science and engineering behind the business plan is absolutely solid. Aside from the strength of the economics, it is also a noble and worthy undertaking. It will make the world a better place and at a very healthy wage as well.

Thank you for the opportunity to share the MOE Farms mission.

Any counsel or advise you may have would be greatly appreciated.

Looking forward to the exploration.

Here is a heads-up on the presale and ICO announcement: ICO Pre-sale