Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Xaurum RICO [OPEN]
by
m4nki
on 22/07/2016, 03:05:41 UTC
I still do not understand how it is beneficial to buy earlier than later within the ICO. The following statements seem oppositional. If the conversion rate from XAU to XAUR stays the same, how does it make a difference when to buy? I guess I somehow still do not understand something here. Smiley

Few questions

1) What's the benefit of buying now instead of last day of the RICO?
After minting, Xaurum ratio will increase, this means the base value of each xaurum will increase, and will consequently be more costly to create. Nobody can know how much more the cost will increase in advance, yet it is certain to increase, as it depends on the number of funds collected and number of new xaurum coined. After the first mint, a new minting price will be published.

Are mint 2 transaction ratios different than mint #1? Can't believe I missed the first one, and I was saving all that XAU for this Sad

Sorry Im at work & don't have time to check the site - thanks in advance.
The existing XAU will be converted to XAUR at the same rate, 1 XAU = 8000 XAUR.