The Birmingham Gold & Silver Companies BGC Token (BGC) White Paper
This project is about the BGC Token (BGC) the token that has been issued by us 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 jewellers up to 93-95% of market price, which we pay. If we could pay 99% of market price unlike any other company in the world its win-win. Our turnover would quadruple and you the general public would receive a lot more for your gold and silver.
As a market leading precious metals dealer based in the Uk we, like all other dealers pay a percentage of the market or spot price for precious metals. Dealers and jewellers can pay anywhere between 50% of spot price up to 90% (for the Public not Trade) We are currently paying around 93-95% of the spot price which is slightly above industry standard and we have an excellent reputation in the business.
1/ Funding The Gap
Our main aim is to ensure the General Public receive 99% of the spot price for gold, silver and platinum, which will make us the highest paying precious metals dealer in the world and in so doing will increase our turnover and hence our profitability . By issuing our BGC token to be traded on the Waves platform and exchanged for bitcoin, ethereum, waves, euros, dollars etc, we 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 our turnover and hence overall profitability. We are after all in business. This will mean that the avearge household selling gold can expect to receive much more for their precious metals than ever before As one of the top-paying companies in the industry to the Public we would be able ourselves to pay an extra 5-6% (ie £50 per £1000)
2/ Promoting The 99% of Spot Price
As a secondary aim we will use all revenue raised from the sale of our BGC token to create awareness all over the UK, the EU USA etc of the high percentage we pay for precious metals . Armed with this information the general Public could well get up to an extra 50% of the value of their items as they would be made aware of the best market prices.
3/ Buying Selling & Trading Precious Metals ie Gold, Silver, Platinum & Palladium with crytocurrencies & altcoins via our website. It is our aim once we have achieved aims 1) and 2) to set up an exchange platform hosted across our websites to allow for the buying selling and trading in precious metals via all various altcoins/cryptocurrencies. This is very much still in its development phase
The Birmingham Gold Token (BGC) is a token on the Waves Platform. IT IS NON-RE-ISSUEABLE
Total amount of tokens: 210,000,000Tokens
not for sale: 21,000,000
Tokens up for sale in ICO: 189,000,000(90%)
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
We are giving away free BGC tokens as follows
BGC TOKEN FREE
#giveaway ! (BGC TOKEN) NON RE-ISSUABLE bit.ly/2ASypHr Giving away 500 BGC tokens UNTIL 24/01 THEN 250 TOKENS UNTIL 31/01.. YOU MUST 1/retweet 2/ follow 3/DM US @BHAMGOLD with #waves wallet id (24 hrs) #waves #crypto #altcoin #bitcoin $crypto
a/ Free Points can be earned by participating in our forum and once per week these points will be traded for BGC Tokens
Participate on this forum and you can earn points which will be converted into our new BGC Token (BGC) and BGC tokens can be traded for Bitcoin, Waves, LTC, Ethereum and of course Euros and dollars on the Waves trading platform You can earn points as follows
100 Points =1 BGC Token
When someone reads your article you get 1 Point
When Someone Views Your profile 1 Point
Sharing on Social media 15 points nb You need to send us the link and the points will be applied manually
Posting a new Topic 10 Points
Posting a reply 3 points
receiving a Thank You 20 points
Giving a Thank You 1 Point
Invite a friend to register 10 Points
Successfully invite a friend to register 20 Points & 5% on all the points they earn.
When you register 20.Points
When you get a karma point... you can covert them to Points ratio 1:1
b/ 10 BGC Tokens will awarded to every positive tweet relating to either Birmingham Gold Company, Birmingham Silver Company or the BGC Token
c/ 10 BGC Tokens will awarded to every positive facebook post/share relating to either Birmingham Gold Company, Birmingham Silver Company or the BGC Token
d/ 10 BGC Tokens will awarded to every new customer of Birmingham Gold Company, Birmingham Silver Company or the BGC Token
e/ 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
The disclaimer: This coin can rise and fall in value. No promise whatsoever is made about it's value or ROI to be made. Please also note the token does NOT represent, in any way a security or share in either Birmingham Gold Company nor Birmingham Silver Company
Website ICO page https://www.birminghamgoldcompany.co.uk/bgc-token
Forum where participants can earn BGC Tokens via their input https://www.birminghamgoldcompany.co.uk/forum2
Waves ID for BGC 9nKh14XcTvLu137wcnzWZUoTTvDMg4BS19VpUtZJxwTQ
Waves Exchange 3PNjRwSGmrAW7aBRz49NMpLAJ2FoPjo6XiA
Explorer: http://www.wavesgo.com/assets.html?3PNjRwSGmrAW7aBRz49NMpLAJ2FoPjo6XiA Block 823700
The BGC token which is our new crytpto token, will enable you to buy, sell and trade on the Waves decentralised exchange platform known as the DEX. You will be able to buy sell and exchange, bitcoins, ethereum, US dollars and euros and of course your free new Birmingham Gold Company token known as the BGC
Waves was founded in 2016, similar to Bitcoin and Ethereum but much more responsive, faster, lighter The current market capitalization for Waves stands at $1,239,380,000 ie $1.2 billion US dollars. We chose Waves for its reliability and reputation in the marketplace and given recent horrendous issues with Ethereum, we chose right!
All you need to do to is to open a new wallet on the waves platform here or get the Waves Chrome plugin here
1/ Waves Wallet ..if you are unsure how to open a Waves wallet or want more info before you do (don't worry it's perfecly safe) then read more about opening the waves wallet here
2/ Trading on the DEX.. NB TRADING HAS ALREADY BEGUN... Open your Waves Lite Wallet Click on the icon for the Waves Decentralized Exchange (Dex) type in on the left hand box just below the header, instead of our name, this code 9nKh14XcTvLu137wcnzWZUoTTvDMg4BS19VpUtZJxwTQ and you will be able to trade our coin with bitcoin, ethereum US Dollars, Euros and of course waves (see diagram below).
For more information go to the Waves support desk here