Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Xaurum [XAUR]
by
Mp777
on 01/02/2018, 12:32:08 UTC
The graph "Total amount of gold" indicate a prediction of 200kg in May, about 3-4 month away. But your current base is only 120kg, and have been so for 1,5 month. If i am correct, the gold per token can only increase after a new mint, and a mint can only happend if the price increase. How much does it need to increase until a new mint is possible, 100%+ ?

I really like this project, but it also sounds to good to be true. Ponzi ?


You wrote: "...and a mint can only happend if the price increase."

This is not correct, the mint can happen regardless on the price. Maximum 30% of money will go to market buy the rest for new gold. New mints will happen as soon as new "payment ways" for Brazil and Australia will come to life.

I think the team will not wait anymore for the price to increase.