Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] GOLDEA
by
NikNight
on 05/12/2017, 13:55:16 UTC
I would like to know more, whether the price will be tied to real gold, or the price of a token depends only on mine workings.

More logical that the price will depend on gold mining and its realization than on gold price. The last one variant will make tokens price too stable and unattractive for investors...
The price of the tokens depends on their value on the stock exchange, this is not gold futures

Nobody says about gold futures, but: tokens holders will get quarterly dividends from Goldea, project is planning to buyback tokens... It doesn't look like most ICO projects, does it?

P.S: I agree that key figure of tokens price is demand at exchange platforms...
For me, the peg to gold is still interesting because it is a support for a token under various unforeseen circumstances on mine workings.