By Judith Jakubovics -BizDev at the Mastercoin Foundation
I feel privileged and honored to be the first to introduce the Hope Gold Coin and The Festival of Hope.
What is the Festival of Hope?
The Festival of Hope is the largest live music and charity event in history.
100 charities globally, will benefit directly, tens of millions will get a hand up not a hand out. Enjoy the music, feel the love , be part of history of the largest charity and live music event. The events will start on Sep. 05,2015
The Festval of Hope is the largest live music and charity event. Just to compare, The Live Aid event (1985) had 16 hours whereas the Festival of Hope has more than 400 hours of live music
The Festival of Hope expects to raise at least 1 Billion US$
If you want to know more about The Festival of Hope please visit here:
What is Hope Gold Coin?
The Hope Gold Coin was born on the Master Protocol – see here
Hope Gold Coin is the overall sponsor of the festival of hope.
HOPE GOLD COIN IS THE MEANS of purchase to support charitable activities around the world.
The HOPE Gold Coin is a totally unique and innovative new crypto-currency with major advantages. It is backed by proven and probable gold reserves, and measured, indicated and inferred gold mineral resources, all validated, confirmed and certified crypto-currency to comply with KYC2 and AML3 policies. It is designed and structured to be a mainstream currency, financial instrument and commodity, and universal unit of exchange and means of purchase to support charitable activities around the world.
The HOPE Gold Coin is a peer-to-peer Internet currency that enables instant, near-zero-cost payments to anyone, anywhere in the world.
The HOPE Gold Coin is safe and uses a secure open source, global payment networking that is fully decentralized without any central authorities. The HOPE Gold Coin features faster transaction confirmation times and greater storage efficiency than leading math-based bitcoin currencies, and will be freely exchangeable into other crypto-currencies or its cash equivalent.
Through innovative minting and release algorithms, the HOPE Gold Coin network consumes far less energy, maintains stronger security and safety, provides higher levels of assurance, and rewards users in more sustainable ways than other crypto-currencies.
The HOPE Gold Coin is a powerful entrant and participant in a disruptive technology that has the potential to transform the global financial services industry. It is unique in its purpose to benefit society and in its ability to raise the standard of living and quality of life for all by actively supporting the aspirational missions of a broad spectrum of charities, foundations and non-profit entities dedicated to addressing universal social, environmental, health, food, economic and similar problems that impact the lives of people worldwide. Through decentralized cryptography, the HOPE Gold Coin eliminates the need for banking intermediaries while significantly lowering transaction costs, potentially liberating poverty stricken economies around the globe by providing access to capital to the one-third of humanity that now has no access to financial services.
Market Opportunity As people grow more open to new ways of paying, there is a rise in the ubiquity and legitimacy of virtual currencies. The most prominent of these currently is Bitcoin, a peer-to-peer digital currency that has been called ‘potentially world-
changing’ by eminent cryptographers. However, Bitcoin’s reputation for price volatility, security questions, and concern for facilitating illicit activities are all issues the Bitcoin community must resolve before cryptographic currencies like Bitcoin can go main stream as universally accepted digital currency. That process is well underway. Virtual currencies like Bitcoin are gaining a real-world presence and prominence as they become more accepted as a unit of exchange and means to purchase. But there is still room for significant improvement, which represents a real opportunity for the HOPE Gold Coin.
With surging interest from prominent investors and growing acceptance from governments, regulators, merchants, customers and the general public, there is a burgeoning market and increasing customer demand for virtual currencies.
This is especially true for a superior, stable, safe and secure crypto-currency that enjoys major points of differentiation and distinct competitive advantages and benefits, that is also freely transferable as a unit of exchange and means to purchase.
There is a much larger potential market for a stable, safe and secure crypto-currency with an intrinsic value backed by gold reserves and resources, and insurable against loss due to theft or negligence that allows more transparent transactions, is freely transferable to other currencies and resistant to radical price fluctuations, as well as
that resolves market and government regulatory concerns about the ramifications and consequences of the myriad illicit and trust related activities benefit directly
If you want to know more about the Hope Gold Coin and The Festival of Hope, please visit here:
Great things are happening to the Master Protocol
Point of contact for companies and organizations who want to issue a token (Judith Jakubovics) Judith (-at-) Mastercoin.org and on Skype: Judith.Jakubovics