Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Xaurum RICO [OPEN]
by
Kazadar
on 20/07/2016, 10:27:19 UTC
I don't understand how Xaurums' inflation can be profitable.
As I understand it most of the new coins goes to an organization which sells the coins to buy more gold. So as long as the coins are being traded above gold price the additional gold will be split among all holders.
So if 1 XAU is worth 1g of gold and they sell it for 1.1g of gold then the remaining 0.1g of gold will be added to the gold store. Now every coin would be worth 1.00000001g of gold instead of 1g.
This is ofcourse only an example.

Hi, I want to buy Xaurum  in RICO.
Can you tell me the simple process for this and what is the price of Xaurum   in RICO?

The prices are not fixed but are determined every 3 days.

To buy go here https://rico.xaurum.org
Create an account and deposit BTC, ETH, Lisk or XAU.
Once the Rico is over and the wallet is released you can withdraw them.