i have asked several times several questions that need to be answered before investors adopt this coin.
and as normal the Dev is ignoring my questions. that is not good for investors of a new coin to get directly ignored simply because the question im asking is uncomfortable to answer.
as this coin is trying to merge into the crypto world and it is advertising it is backed by precious metals.
looking for proof of the backing is normal or it is simply backed by a picture of precious metals and the devs idea of precious metal backing is a picture on a webpage.
proof of backing is required
sorry but we need always some time in order to answer any question.
1. after sucesfull ICO well be registering a UK company with financial license
2. the nessesary amount of metals will be stored by UBS Bank (SWITZERLAND)
first you need to have a successful ICO ?
so i can presume that with the funds of that ICO you would be buying the Precious metals?
if the ICO is not fully successful the the metals are not going to be bought correct?
yes, correct the first we need to have successful ICO, if not the funds will be refunded to users.
Practically your launch is for the other people to buy at a higher then reasonable price your self invented crypto currency
your actual backing by precious metals are= you have none on any of those precisou metalsthe picture on your OP represents 4 main precious metals that you do not have
selling your coin in a so called ICO and using some of the profits or proceeds to buy a small amount of precious metals
putting those metals "if you actually buy them and if you actually put them in a bank and all of this only if your ICO goes well.
in plain words your only backing is for others to send you cash so you can hold their money and do what you think is best ,when and where and how you want to.!
starting a OP with full deception is not a good idea