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Money Blog

We here at Global Prpoject Funding AG think it is important project developers to know as much about money as possible. How it is created, how it is distributed and where are the dangers in our monetary syetems. Creating awarness in this field will help you to make better descisions. We also will provide you with practical information on project funding and project development.That's what this blog is all about. We hope this Money Blog will be of great value to you. Your Global Project Funding AG Team

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The OneGram Gold Backed Cryptocurrency from Dubai

Posted by Ernest John Fleckenstein on October 20, 2017 at 9:05 PM Comments comments (0)

Shariah Compliant and Gold Backed Digital Token

About eight years ago, a pseudonymous cryptographer known as Satoshi Nakamoto introduced Bitcoin as a digital analog to gold: Limited in supply, but secured by modern cryptography, and made for the internet age. Following Satoshis footsteps, many tried to improve on Satoshis original vision, and thousands of alternative cryptocurrencies were born.

Despite significant recent developments and innovation, the market for cryptocurrencies remains very niche. Cryptocurrencies still have shortcomings that discourage mainstream use, in particular high volatility and barriers to entry. It’s also worth noting that existing cryptocurrencies have not been designed with Islamic markets in mind. While the 1.6 billion Muslims make up over 23 percent of the world population, many Muslims simply can’t use cryptocurrencies because of their restricted legal status and high barriers to entry in many countries in the Islamic world.

OneGram aims to solve these issues by using blockchain technology to create a new kind of cryptocurrency, where each coin is backed by one gram of gold at launch.

In addition, each transaction of OneGram Coin (OGC) generates costs), thus increasing the amount of gold that backs each OneGram. Therefore, each OGC increases in real value over time, making OneGram unique among cryptocurrencies.

1 Cryptocurrencies

Bitcoin and alternative cryptocurrencies are starting to see widespread adoption. The main innovation behind cryptocurrencies is that, instead of relying on a trusted third party, transactions are recorded and propagated in a distributed ledger known as blockchain. This allows transactions to be trustless, censorship-resistant, permission less and private. Once a transaction is confirmed by the blockchain network, it becomes irreversible: it can’t be charged back through a dispute process like other forms of money transfer. Cryptocurrencies promise to radically change how we do banking by removing artificial barriers caused by legacy financial institutions, allowing for:

• True peer-to-peer payments anywhere in the world.

• Minimal transaction fees and processing time compared to traditional banking.

• Payments between pseudonymous parties ensuring financial privacy.

• Non-reversible transactions preventing chargeback’s and fraud.

2 Sharia and Islamic Finance

Sharia is a set of religious laws derived from the Islamic tradition, in particular, the Quran and Hadith. It includes principles that guide the financial, economic, legal, and domestic affairs of Muslims.

Islamic finance prohibits unjustified enrichment, as well as engaging in transactions with excessive risk or speculation (such as gambling), in order to establish justice and avoid exploitation in business transactions. Accordingly, Islamic scholars derived 3 key criteria that differentiate Islamic finance from its counterparts:

• Prohibiting interest, which is the source of unjustifiable income.

• Encouraging profit and loss sharing based on the partners capital, risks share and effort.

• Prohibiting transactions that are uncertain and excessively speculative.

2.1 Money According to Sharia

Most Muslims today have no idea that the money they use is arguably not Sharia-compliant. Most of the world uses fiat currency, which is money backed only by legal tender laws. Historically, money was either created from or backed by precious metals. That said, what is money in Islam? One of the most reliable Islamic scholars on the subject is Imran Hosein[1], who specializes in modern socio-economic and political issues. He explains the six key properties of money in Islam as:

1. Money is either precious metals or food.

2. Money is abundant and widely available.

3. Money is durable and does not spoil or corrode.

4. Money has intrinsic value.

5. Money exists in creation and is made valuable by God.

6. Money functions as a medium of exchange.

Fiat money would comply with the first point if backed by metal or food. Unfortunately, countries no longer back their currencies with commodities anymore. This has been the case since the U.S. canceled the convertibility of the United States dollar to gold with the Nixon Shock in the 70s[2]. Since then, national currencies have had freely floating exchange rates, dictated mainly by central banks monetary policies[3].

Fiat currencies are indeed abundant and widely available within the jurisdictions where they are accepted.

Modern paper money and coins, along with their digital counterpart, are durable enough as required by the third point.

Does fiat money have intrinsic value? Since the Nixon Shock of 1971, the exchange rates of national currencies are free floating, so fiat money can no longer claim to have an intrinsic value. It is backed by the government issuing it, but that isnt intrinsic value.

Fiat currency is made valuable by a government’s artificial monetary policy, so clearly the fifth point is not respected.

As for the last point, fiat money is indeed used as a medium of exchange. In fact, one can claim that this is the only use for fiat money.

So, fiat money complies with, at best, three of the six properties of money in Islamic law. What about cryptocurrencies like Bitcoin? While Bitcoin and many other cryptocurrencies are much closer to the Islamic definition of money than modern fiat money, they still fall short, as they are not backed by any tangible real world asset. So there is a need for a better option.

Each OneGram is backed by a minimum of one gram of gold. OneGram is abundant. When the coins will go on sale at the Initial Coin Offering (ICO), there will be 12,400,786 tokens. All of them will be available for purchase through our partner gold exchange, GoldGuard, an online gold trading platform that enables customers to buy and sell gold at spot rates and physically store it. Following the ICO, anyone will be able to buy and sell OneGram freely through many international channels.

OGCs are durable and can be kept safely in your cryptographically secure wallet. OneGram has an intrinsic value because its backed by physical gold.

The OneGram ecosystem will offer merchant apps and payment processing services, making OneGram an excellent medium of exchange all around the world.

OneGram is a comprehensive Sharia compliant product and follows the three basic criteria for trading in Islamic finance: There is no interest mechanism in the issuance of OneGram, profit-loss sharing is part of the rewards scheme, and there is minimal speculation as OneGram is an asset backed by physical gold.

2.2 Gold Investments and Sharia

Historically, gold-investing has been problematic under Sharia law. While there is currently limited guidance for gold coins and bars, there is virtually no guidance on gold elsewhere in the financial sector[4].

For example, in most cases, trading gold futures contracts is forbidden by Islamic law, because gold futures contracts aren’t backed by physical gold and you can end up paying or receiving interest on your trading account. As a result, most people who wanted to buy gold as an investment purchased gold in its physical form, such as jewelry or coins.

In December 2016, the Sharia Gold Standard was introduced by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), the World Gold Council and Amanie Advisors.

With this new standard, Muslim investors will now be able to take advantage of an increasing range of gold-backed investment opportunities, which had previously been non-compliant.

OneGram complies with the Sharia Gold Standard. So you can feel safe knowing that your investment will respect your values as well as pro- viding you with financial growth

3 Limited Downside Unlimited Upside

The history of fiat currency is a history of volatility. The average lifespan of fiat currency is only 27 years old[5]. Even if a currency survives, invariably it will experience inflation. With central banks having the power to print as much currency as they please, combined with the destructive effects of inflation, the purchasing power of fiat money experiences a steady decline. The world’s oldest fiat currency, the British pound, is an excellent example: it has lost 99.5 percent of its value since inception.

Historically gold is more resilient, and holds its worth better than any fiat currency, particularly in times of economic instability. No currency can guarantee absolute stability, but OneGram limits your exposure to the downside risk. Since the base price of OneGram is always at least equal to the spot price of gold, OneGram has a floor price.

What’s more is that usage and market demand also adds a premium to the value of OneGram. Therefore, OneGram has a three-part valuation system to determine its market price.

The first part is the Gold Value (GV), with the value being determined by the spot price of gold. The second part is the present value of the transaction fees reinvested to buy more gold (TF), with the value being determined by the usage of OGC. The last part is the Demand Premium (DP), with the value being determined by market demand. This creates the following formula for the market price:

OneGram Value = GV+T F+DP

4 Growth With Every Transaction

Each OneGram transaction generates a 1% transaction fee, up to a maximum of 1 OGC. Unlike other cryptocurrencies, in OneGram, 70% of this fee is reinvested to buy more gold and increase the amount of gold that backs each token. As transaction volume increases, more gold gets added to the vault and all OneGram owners share in the profit. So, over time, the value of each OneGram rises by design. This makes OneGram a unique asset whose value increases perpetually. 25% of this fee will be used for development and Operations. 2.5% will be donated to Charities and 2.5% will reward miners (POS staking).

The transaction volume for a new cryptocurrency is typically low. To address this, we will be introducing a variety of tools for rapid real-world adoption of OneGram as a currency.

OneGram Coins are issued and redeemed for gold via the the GoldGuard platform. Following the ICO, the OGCs can be bought, sold and traded via any major cryptocurrency trading platform.

A new payment gateway, YalaPay, will be launched for OneGram Coins. Besides fiat conversion, YalaPay will include marketing tools such as a white label loyalty program for merchants, featuring special offers, and discounts for customers. The model will be first introduced in Dubai and Abu Dhabi, with the payment institution license already in place.

A GoldGuard Mastercard debit card (Liquid Gold) will also be created, which will work across the globe in ATMs, POS systems and online. It will be possible to recharge the Liquid Gold card with Fiat, OGC or Gold through our payment gateway, online or through GoldGuard ATM machines.

By giving customers all the best financial services offered by cryptocurrencies and more, OneGram will make all transactions easy for the users.

5 Technical Specifications

OneGram Coin uses a unique proof-of-stake blockchain with over 3 months of development by expert cryptocurrency engineers. Our fully-customized blockchain takes inspiration from Bitcoin, Dash and BlackCoin. All trans-actions are near-instant and private. We strengthened the consensus mechanism by introducing trusted nodes operated by verified entities. The cumulative 2.5% transaction fees distributed in a block reward to the trusted nodes will maintain a secure blockchain. The OneGram blockchain block size limit is 1MB with an average 1 minute block time.

6 Smooth Entry and Exit With GoldGuard

Buying and selling cryptocurrencies like Bitcoin is not always an easy task. Depending on where you live, there may be no obvious entry and exit point. Mining cryptocurrencies is even more difficult, requires costly equipment, and is definitely not for the average user. This is one of the reasons we are doing our ICO with GoldGuard, offering the investors an easy way to acquire OneGram Coins.

Once a OneGram Coin is issued, it can be redeemed for physical gold from GoldGuard at any time. Any OneGram Coin redeemed for gold or equivalent in fiat currency is sent to a publicly verifiable burn address, permanently removing the coin from circulation.

GoldGuard is licensed with Dubai Airport Free Zone (DAFZ) to trade jewelry, namely gold. Established in 1996, within the boundaries of Dubai International Airport, DAFZ is one of the fastest growing Free Zones in the region.

All gold is safeguarded by our logistics and transportation expert Loomis. All accounts at GoldGuard are asset-backed, audited by PwC, and insured against theft and damage.

7 Giving Back to the Community

Giving back to the community and setting a good example for others is central to how we do business. We seek to contribute to social and economic progress both globally and locally. With that in mind, we created the OneGram Foundation (OGF). OGF will take 2.5% of the total transaction fees that OneGram products generate and donate it to local and international charities. By sharing our success, we aim to bring relief to the lives of the less fortunate.

OGF supports the principles of Islamic sharing and caring. The OneGram community is contributing, through corporate social responsibility, to humanitarian causes.

8 OneGram ICO, How You Can Participate

The OneGram ICO will take place on the GoldGuard gold exchange. The first step to participate in the ICO is to register with GoldGuard and purchase gold. Then the gold can be redeemed for OGC via the same platform. There is a fee of 10% charged during the purchase; this fee is expected as by purchasing OGC, the investor is not only purchasing an asset that offers the spot value of gold but also the future value of additional gold to be purchased from transaction fees.

The maximum supply of OGC is 12,400,786. The ICO starts on May 21st, 2017, and will end when all coins are sold or after a maximum of 120 days. If the tokens do not sell out, there will be a new total supply of OGC equal to the amount of OGC sold in the ICO. After that, no more coins will ever be issued.

At any given moment, you can see the amount of gold backing your coin in the official OneGram wallet app and the GoldGuard website. Through GoldGuard, you are able to redeem your coins for gold or equivalent fiat currency. After the ICO, you will also be able to buy and sell OneGram Coins through any cryptocurrency exchange that lists OGC.


[1] Imran N. Hosein. The Gold Dinar And Silver Dirham: Islam And The Future Of Money.

[2] Sandra Kollen Ghizoni. Nixon Ends Convertibility of U.S. Dollars to Gold and Announces Wage/Price Controls.

[3] Felipe Larrain Jeffrey D. Sachs. Macroeconomics for Global Economies.

[4] Mohd Daud Bakar. Aaoifi Shariah Standard On Gold Under Development In Collaboration With The World Gold Council And Its Expected Impacts.

[5] Michael G Pento. The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market

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Purchase OneGram Coins and Shares of OneGram, Goldguard & YallaPay: Click here

Capricoin and Vizionary business opportunity.

Posted by Ernest John Fleckenstein on October 20, 2017 at 8:05 PM Comments comments (0)

It is my opinion and belief that this Vizionary opportunity is a once in a lifetime wealth generating opportunity

The world is changing fast and so is the way we transact in buying and selling. The banks and FIAT currency are on their way out as more and more people adopt crypto currency as a means of exchange.

Early adopters of almost every technology trend in the last 30 years have reaped huge windfalls and wealth.

Don't miss out on this one!

Whether you take up this Vizionary opportunity or any other crypto currency opportunity, you will benefit and reap early adopter rewards.

Think Google, FaceBook, Internet, Dot Com Boom, Internet Security, PayPal, EBay, Amazon and Ali Baba...and 1000's more. Every one that got in on the ground floor generated obnoxious wealth.

Browse my site, ask questions...invest a little time to educate yourself. See the trends worldwide and make a decision to be part of the financial revolution.

The long term success of Capricoin will come from making it easy for the end users. The Capricoin mission is to be accessible to the masses with easily downloadable mobile applications. We have a solid marketing strategy to make this coin one of the most widely accessible crypto currencies in circulation.

Why Individuals use Capricoin.

Individuals use Capricoin to transfer money to and from friends, family, and merchants anywhere in the world. Capricoin is an ideal currency for both face-to-face and international digital commerce.

Using Capricoin is easy, fast and secure. The technology in current development will enable Capricoin to be one of the leading crypto currencies going forward.

Why Businesses use Capricoin.

Businesses use Capricoin to join an emerging market in support of a faster, easier way to transfer value between two parties. Capricoin offers a number of advantages over traditional point of sale and international payment systems, eliminating charge backs and increases profit.

Capricoin is the perfect choice for all kinds of businesses and makes accepting digital currency easy.

Trust the technology.

Digital (crypto) currency started in 2009 with Bitcoin as a virtual trade token with a special technology utilized to determine the authenticity of a transaction via consensus on a secure global network. This was being done successfully without two otherwise necessary entities – banks and government.

Crypto currencies are minted (mined) and authenticated by a secure public network which is designed so that no individual or group has more access to transaction data than another.

All of this is done with almost zero cost in comparison to otherwise massive fees through the current institutions and systems.

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For more details go to

Ron Paul's Greatest Interview on Gold, Silver, Freedom, Free Markets & Sound Money

Posted by Ernest John Fleckenstein on February 22, 2015 at 8:05 PM Comments comments (0)


Mike Maloney was lucky enough to interview Congressman Ron Paul and shares the session with us!!

Paul served as the U.S. Representative for Texas' 14th and 22nd congressional districts. He represented the 22nd congressional district from 1976 to 1977 and from 1979 to 1985, and then represented the 14th congressional district, which included Galveston, from 1997 to 2013. On three occasions, he sought the presidency of the United States: as the Libertarian Party nominee in 1988 and as a candidate in the Republican primaries of 2008 and 2012. Paul is a critic of the federal government's fiscal policies, especially the existence of the Federal Reserve, the tax policy, the military–industrial complex, and the War on Drugs. Paul was the first chairman of the conservative PAC Citizens for a Sound Economy and has been characterized as the "intellectual godfather" of the Tea Party movement.

So, Ron Paul is absolutely competent in the subject Mike Meloney has been talking about in all 5 episodes we have presented to you. Listen carefully what he says!

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Global Shockwaves To Come From Swiss Currency Bombshell

Posted by Ernest John Fleckenstein on February 20, 2015 at 6:40 PM Comments comments (0)

In September 2011, Switzerland pegged its currency to the euro to set a ceiling to the Swiss franc’s, subsidizing Export industry and punishing import. But, on January 15, the Swiss National Bank (SNB) suddenly and surprisingly abandoned the peg with all its uncomfortable consequences.

The risks created by the SNB’s decision – as transmitted through the financial system – have a fat tail. The negative effects for the Swiss economy – through the decreased competiveness of its export industries (including tourism and medicine) – may already be showing that abandoning the euro peg was not a good idea.

The following Video “Global Shockwaves to come from Swiss Currency Bombshell“ from Mike Meloney provides the details and background information:

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Forgotten History of Money and Moneylenders

Posted by Ernest John Fleckenstein on February 14, 2015 at 7:25 PM Comments comments (0)

Film: Forgotten History of Money and Moneylenders

Documentary on how moneychangers have manipulated money thru history and how our current economy is barely holding - reason for economic depressions.

Winner!!, Best Documentary of 2010

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The Hiiden Secrets of Money

Posted by Ernest John Fleckenstein on February 14, 2015 at 7:00 PM Comments comments (1)

In business we all use money, but many do not know the history and the dangers behind our monetary system. Creating awareness today is the most important thing to do, so we can navigate around the problem that might be coming in the near future. Every problematic situation bring also opportunity. That is why we want to share this wonderful series, The hidden Secrets of Money, with you. Share these videos with friends and family, they deserve to have access to this information too.

The Hidden Secrets of Money, a series presented by Mike Maloney as he travels the world to uncover the Hidden Secrets of Money.

Episode 1: Currency vs Money

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Episode 2: Seven Stages Of Empire

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Episode 3: Death Of The Dollar

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Episode 4: The Death of the Dollar

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Episode 5: When Money Is Corrupted

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How to plan Project Development & Funding

Posted by Ernest John Fleckenstein on February 14, 2015 at 9:30 AM Comments comments (0)

What ever idea you have the realization needs preparation. In other words you need get the whole idea to paper and ask yourself:

  • What the Idea exactly is
  • Why you want to realize it
  • with whom you are going to realize and work on it
  • How you are going to do it
  • When you are going to do it (schedule)
  • Where your are going to do it
  • and how much it will cost and fromwhere you will receive funding for it.

Following a nice and easy to understand video we found on Youtube that explains how to go forward to develop a project plan:

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When you have your project plan ready, contact us and lets talk about our funding options for your project:

Contact details:

Global Project Funding AG
Samstagernstrasse 43
CH-8832 Wollerau

Phone:  +41 44 557 17 07
Email:    fill out out Contact Form