goldenboi, I must congratulate you it seems that you are first person who lost money with Xaurum in this two years 🙂
It depends on how you look at the money... I didn't lose my money in fiat, but I did in BTC. In fact everyone lost their money in BTC if they sell right now. Even first investors. They in particulary. Then I bought 1000 NEO at 5$ and guess what? That air made me profit and also some other coins backed by air. This project have actually same price for 2 years. Opss sorry my bad, now the price droped to 4500 satoshis... Nice job! And no it wasn't my angry day... I just want to tell hodlers that what was promised to you it's nothing. This is not what you want from crypto if you are early at he party. In few years market cap will likely go to trillions and you did nothing if you have a coin that have max. 10k satoshis... Not even one breakthrough happened in two years so stop believing it will go to the moon. They had two years incredibly profitable concept but what is worth if you are not able to sell it?
But Goldenboi, aren't you exactly prooving the point. We agree that air backed coins do more
marketing and so on... is possible if all the money that comes from sales in has no liens.
To which coin would you assign any value in 3 years and it would be a safe bet?
On personal note, what did you base your decision on, to buy NEO?
I try to avoid speculative decisions and go with the rational and logic.
The term air backed coins came from Xaurum hodlers or devs, but doesn't really matters. I used it because they were saying how they are different because they have gold behind it. Only difference was slow growth in fiat and none in BTC, but corrections are still happening even with gold behind it, with bottom line which means nothing to holders because it's still represent a VIRTUAL lose and even bigger in bullish market where you can make 100% per two weeks easily. Every coin is basically backed by technology. I think the concept is great, but they are handling it very poorly. They told us better marketing is coming, I saw that someone wrote about 60 promotors etc. and still nothing happened. People told them to fix their site and it took some time that they did it. People wanted pictures and they only got 5 faces for Gamma no update for Xaurum.org etc. People wanted pictures of gold and they said you guys will get it and still nothing... And now I already sound more worried about hodlers than I should be. It's Slovenian project and I want it to succed.
To pick NEO was really simple choice. It's from China and they like their products + obviously China market is huge. They were talking about Alibaba and so on. It will be used for ICOs like ETH and we all know what happened with ETH price + you get free GAS for hodling. Simple pick. It's still good buy or wait for correction. BTC is always safe bet, NEM is undervalued coin etc. You just need to take some time and you will find so much great projects... 😉
Only one thing I need to correct you. In Neo and other cryptocurrencies like you siad that are backed by air you need to understand that ALL money that comes to project is spend on developing some platforms, and you cannot know how much of that money is sped on promotion of that coin, you cannot know how much of money is spent on Coinmarket cap promotion etc. But in Xaurum every single penny trought MINT is spent to buy PHYSICAL GOLD! Do you feel difference?