Post
Topic
Board Tokens (Altcoins)
Re: ⚡️⚡️⚡️[ANN]GOLDMINT - ICO starts on 20th of September.⚡️⚡️⚡️
by
fearcoka
on 13/10/2017, 05:26:57 UTC
How can it be both backed by real gold and run on blockchain?

A GOLD token can be issued if only GOLDMINT has a troy ounce of physical gold or ETF available to back it. To back tokens with gold means to provide 100% guaranteed anytime GOLD tokens buyback by GOLDMINT their self. That will provide stable price for these tokens which is in lack on market today.

With regards,
team GOLDMINT

As your said, GOLDMINT has an exchange or platform to helps investors exchange GOLDMINT token to real-GOLD with fixed price, is right? Because I really can not understand the definition about apply blockchain technology for real-GOLD.