Quote from: jure90 on April 04, 2017, 12:58:34 PM

Hello guys,

Today I am full of thoughts. Have you ever did a calculation what will be when 100mio usd will come in to the project?

1. 100.000.000usd / 50usd (price of 1g gold card)= 2.000.000g (2tons new gold purchased for the backing)

2. 100.000.000usd / 5usd (average price of 1xaurum with this amount of backing) = 20.000.000 new Xaurum issued

If you divide total supply of gold by total supply of Xaurum you will be more than shocked.

2.043.656.g of gold/ 110.310.367xaur = 0.0185g/1xaur = 0.963 usd in gold per 1 Xaurum

That means the market price would be around 4x higher - approx. 4usd. With this we would have marketcap of 480.000.000usd. That means that we would be on top 10list on coinmarketcap.com and backed by 2tons!!! of physical gold.

Can you please tell me why would anyone believe in any crypto on top 10list on coinmarketcap.com if we are talking about money? Definition of money is storing a value, not playing a game.

Disclaimer: The calculation above is not exact and it has just an illustration purpose. I did not include any of burning transaction fees (0.5xaur per 1transaction) which are again profitable.

Based on this data, price of one XAURUM will be higher. Why? beucase there is nothing behind others...pure speculation.

What are your plans for the future, how to expand xaurum ?