My readers know I don’t hold back from calling 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 it’s a Strong Buy, that means something.

KaratBank and its KBC I shine as bright as gold. I have done my homework on this ICO and asked around, and I can’t find anyone in my circle who has a 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 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 Government. Association for Economic Development and Foreign Trade (BWA).

Let’s 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 are being managed by KaratBars International. As per the project’s whitepaper, this holding company has attracted nearly 480,000 customers who are 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 cryptocurrency 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.

I suggest you take a look at their video and their website to understand what they are doing, and you can make up your mind. I think KaratBank is going to be a winner,n d that’s why I’m giving them a STRONG BUY review.