Interim Help - Case Studies

Digital Gold Currency Company

 
Up
ERM Solution
E-Commerce Service
Textile Manufacturer
Apparel Manufacturer
Chinese Giftware
Law-Sole Practioner
Larger Law Firm
Digital Gold Currency
Computer Manufacturer
Top 50 CPA Firm
Retail POS Software
Specialized Software
Seafarers

 

 

 

 

 

 

 

PROBLEM:
This startup company had a unique idea for a service – gold-backed digital currency. Anybody, anywhere in the world would be able to transfer funds to anybody else via the Internet using gold-backed currency. The idea was great, but they needed...
  • to get the product to market;
  • a process to account for the transactions;
  • the ability to withdraw the funds locally anywhere in the world;
  • a method of funding accounts;
  • investors and funding sources.
SOLUTION:
We took on two top positions in the organization - President/Chief Marketing Officer and CFO and established a plan to bring in investors and expand globally. We moved the business to Tortola in the British Virgin Islands. We established an agency network, whereby country agents paid a large fee to represent the firm. They in turn recruited local agents who paid a fee which was split between the company and the country agent. As part of the plan, our CFO obtained the rights to offer a bank card (the only gold-backed bank card) which customers could use globally to extract funds from their account. (Note. Gold is a safer form of currency for many people, especially in third-world countries).

 

RESULTS:
We built a customer base in 190 countries worldwide and a country agency network throughout the world. Since gold is an accepted currency in every country, it became the currency of choice by many, which also attracted investors.

 

Contact us now for help in your organization.