HelloGold Basic Analysis (pre-release)


ICO Information

Company/Organization HelloGold Foundation (HGF) Project HelloGold
ICO Start 2017/08/28 ICO End 2017/10/05
Target 31,500 ETH Minimum Participation 0.001 ETH
Price (Base+20% Bonus) 12,489 HGT / ETH Total Supply 1,000,000,000 HGT

※ Regarding ICO start and scheduled closing dates: In response to the Chinese ICO Ban, HelloGold refunded purchases to investors in China and changed the closing date.

If you are interested in purchasing HelloGold please check the link below.

About HelloGold

HelloGold’s Concept

HelloGold is a Malaysian MSC status company* and the first certified Shariah compliant online gold platform in the world.

All our operations and processes follow the Islamic standard on gold by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).

HelloGold’s mission is to offer affordable and safe access to gold-backed funds and is committed to proper corporate governance.

The company’s trading platform features state-of-the-art security, supports through an audited process, and guaranteed ownership of money. Furthermore, a team of experts with extensive experience aims to consolidate the gold industry, financial services, technology and digital user experience.

*Under Prime Minister Mahathir, the Malaysian government instituted the Multimedia Super Corridor (MSC) Plan. This program offers incentives and benefits to enterprises that fulfill the requirements.

HelloGold Basics

The money traded and managed by HelloGold is completely the property of the user. That is, the user is the official owner of their gold and HelloGold acts as an administrator. The company’s process also follows Shariah Law guidelines.
· 99.99% pure gold
· Guaranteed ownership (gold will beheld in a certified safe in Singapore)
· Purchase/sell from anywhere at the market rate of gold, using a smartphone
· Management fee: 2% per year
· When requested, HelloGold will deliver it the physical gold to the customer

Token Function

1. HGT holders will be allocated compensation from the Hello Gold Foundation (HGF).
2. They can receive loans using tokens as collateral.

Two types of tokens: HelloGold Token (HGT) and Gold-Backed Token (GBT)


Robin Lee
Robin is the former CFO of the World Gold Council and brings a wealth of knowledge and contacts about the gold market. He was the principal accounting officer for SPDR Gold Trust (‘GLD’), the world’s largest gold fund, which held over US$30 billion in assets under management. His WGC experience includes supporting the launch of the world’s first exchange traded, wholesale kilo gold contract and introducing a gold savings program with ICBC which generated annual sales of $6.5 billion

Ridwan Abdullah
(Business Development)
Ridwan spent 7 years in AEON Group Malaysia in the retail and financial services industry. He is the former Head of Special Projects at AEON Credit Service (Malaysia) Bhd. Prior to AEON Credit, Ridwan was in the retail sector for AEON Co. (M) Bhd., where he worked in supply chain management and set up the project team for AEON’s first retail store expansion into Indonesia. Ridwan is currently completing an Executive-MBA at Columbia Business School & London Business School.
Manuel Ho
Manuel was previously Head of Customer Marketing at the Royal Bank Scotland Group and Strategy Director at Wolff Olins PLC. His experiences include leading an award winning Vivo Brazil new-brand project and creating a $300m customer strategy that led to a brand reposition of NatWest. He has led various Fintech initiatives in London and Singapore and advised A*Star, the S$7 billion R&D arm of the Singaporean Government. He holds a MBA from the Kellogg Graduate School of Management.
Roger Ward
(Corporate Development)
Roger is a strategy consultant, having worked at Bain and Deloitte. He also has experience working in the gold industry, having worked at the World Gold Council developing strategy and managing complex projects in London, Singapore and New York. This included supporting the launch of the world’s first exchange traded, wholesale kilo gold contract as well as providing support to the world’s largest gold fund, SPDR GLD. Roger has a First Class MA Hons in History from the University of Edinburgh.
Joshua Ambrose
Joshua has 20 years of operational experience. He was one of the pioneers that started up AirAsia BIG’s loyalty programme and prepaid cards, and was part of the team that setup the operations for AirAsia BIG in Malaysia and later expanded the business to Indonesia and Thailand. He was also Head of Operations at Rocket Internet, where he revamped operations for Zalora and Food Panda Malaysia, increasing productivity while implementing cost saving measures.
Wykeen Seet
Wykeen was previously VP at Bangkok Bank in Thailand where he led the bank’s enterprise integration initiative in multiple turnkey projects including E-Enabled Loan Origination, Mobile Banking, B2B Gateway, International Remittance, FX Trading and Credit Related Systems over a period of 8 years. Prior to Bangkok Bank, he was a software engineer at Digital Applications International Limited. He has a PhD in Computer Science from the University of Manchester where he completed his Master of Philosophy (MPhil) in Computer Science and received a 1st class in Bachelors of Science.

HelloGold Competitive Advantage

Features of HelloGold

Using Ethereum Smart Contracts, HelloGold digitally manages information necessary for trading/holding tokens on the blockchain to reduce the risk of fraud, falsification, etc.

HelloGold Technology

HelloGold has developed and launched a product to enable low to medium income customers to buy and sell gold, anytime, anywhere. The System has customer mobile applications (native Android and iOS) communicating with a backend built with 2 parts, a core Central Web Service (Ruby) and Agent (Go). The current database uses Postgres technology.

HelloGold Strengths

1. HelloGold already has a working gold-trading platform, as well as many trustworthy affiliates. The project also has a platform to buy and sell gold in Malaysia (the custodian of gold will be Singapore).
2. You can receive loans with gold holdings (tokens) as collateral.
3. HelloGold already has functional apps on both ios and Android.

Supply and Demand of Gold and Future Forecast

Reference material: Gold Demand Trends Q1 2017
Q1 gold demand: down 18% from last year’s exceptional high
Global gold demand in Q1 2017 was 1,034.5t. The 18% year-on-year decline suffers from the comparison with Q1 2016, which was the strongest ever first quarter. Inflows into ETFs of 109.1t, although solid, were nonetheless a fraction of last year’s near-record inflows. Slower central bank demand also contributed to the weakness. Bar and coin investment, however, was healthy at 289.8t (+9% y-o-y), while demand firmed slightly in both the jewellery and technology sectors.

Inflows into gold-backed ETFs of 109.1t were concentrated in Europe.
Although inflows were just one-third of the extraordinary levels seen in Q1 2016, demand was firm. European-listed products were the most popular, due to continued political uncertainty in the region.

Investment in gold bars and coins grew by 9% y-o-y.
Much of this growth came from China, where retail investment was up 30%, breaching 100t for only the fourth time on record.
First quarter jewellery demand was steady at 480.9t, marginally up on Q1 2016.
Gains in India were the main reason for the slight y-o-y increase, but global jewellery demand remains relatively weak in a historical context.
After a whirlwind end to 2016, Indian consumers enjoyed a period of relative stability in the domestic market, buoying demand. Continued remonetization by the RBI lifted consumer sentiment, which encouraged demand ahead of the auspicious wedding season, albeit from a very low base.
Central bank demand for gold continued to slow:
76.3t were added to reserves. Central banks showed a diminished appetite for gold purchases; China’s purchasing programme was on pause during the quarter as its foreign exchange reserves remained under pressure. Sales, once again, were sparse.


Gold has a long history of serving as collateral since it’s value is comparatively stable; it has been used throughout history amongst nearly every developed society as an asset. As seen from the above data, the interest has not waned.
Bitcoin is the new “digital gold.” Its function and history mimics the same trajectory as gold and traditional assets - the term mining is even taken from gold mining.
When buying gold, buyers can purchase in the form of coins and bars. Unfortunately, since these are all a predetermined size, buyers are limited to purchasing in grams. By using blockchains and digital management, small scale and barrier-free sales become possible. Furthermore, the buyer need not disclose their personal information.
Since blockchain technology is used to secure credit with a network, inverstor prospectives are limitless.
Of course, tokens that receive a portion of administrative fee as a dividend may be subject to regulations, it is still a promising financial product. Gold holders of must include said gold in their portfolio long term to see income gain. Bringing gold ownership to the common person would only strengthen the value of gold in the long run.

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