Post
Topic
Board Announcements (Altcoins)
Re: [Ann][ICO] Pre Sale: Magnum Link - Buy and Trade Precious Metals and Gems
by
MagnumLink
on 05/11/2017, 05:58:19 UTC
Hello!
If I think right, one of the services is the storage of precious metals.
How can I prove that I own these assets, for example, in another country? can the record in the smart contract be considered equal to the standard contract, for example, with the bank

Hello and thanks for your interest.

The storages issue certificates showing the amount and qualty of precious minerals that will back our tokens. So all you need to do is redeem your tokens for the underlying value and you would get precious minerals instead.

Our ToS and smart contracts are simple legal triggers. If it was more complex we would have to use lawyers. So for the redemption and trading, smart contract is sufficient.