My readers know I don’t hold back to call out the scams or telling you the ICOs that will never make it and the reason why. I rate over 75% of the ICOs “avoids” or I don’t even waste time reviewing them. So when I review an ICO and say its a Strong Buy that means something.
KaratBank and its KBC ICO shines as bright as gold. I have done my homework on this ICO and asked around and I can’t find anyone in my circle that has one bad word to say about the team. The visionary and CEO Harald Seiz was born in 1963 in Calw near Stuttgart, Germany and has been successfully working as a financial consultant since 1982. In 2011 he founded the Karatbars International GmbH in Stuttgart, of which he is the managing director. Since then he has consistently and successfully internationalized the business. In 2016, he was awarded the Senatorial Degree by the Federal. Association for Economic Development and Foreign Trade (BWA). So I give the team an A+
Let move on to the next test, does it have strong backers and a customer base already in the pipeline? This crypto coin, and its associated ecosystem, is being managed by KaratBars International. As per the project’s whitepaper, this holding company has attracted nearly about 480,000 customers who’re located in nearly 120 countries; plus, the company has managed to raise USD 120 million. Since the holding company that’s backing the project looks quite stable. A+
With all the pump and dump scams out there this year does this look to be a stable coin? KaratBank Coin is a blockchain-based crypto coin that’s linked physically to the deposited gold, once the coin is linked to a specific weight of gold, it’s called CashGold. A specific number of KaratBank Coins can be exchanged for CashGold at any time. These crypto coins will be used as an electronic payment with a secure, traditional and trusted form that has been the backbone of global banks for years. This coin can be easily transferred without borders and securely in real time. It can be exchanged for all fiat currencies and cryptocurrencies worldwide. A+
I suggest you take a look at their video and their website to understand what they are doing and you can make your own mind up. I think KaratBank is going to be a winner and that’s why I’m giving them a STRONG BUY review. Click here to watch the company video