Post
Topic
Board Tokens (Altcoins)
Re: [ANN][PRE-ICO] Tagiuk Gold Mining Co, Utility Token, Physical Gold at 58% Off
by
akaltcoins
on 05/03/2018, 21:37:06 UTC
You must be kidding me. At 58% off? People should buy these tokens fastly at this discount!

It looks like 58% off but when I crunched numbers it plays out to about a 16% annualized return for 5 years.  That's still a good return for the time frame but I, too, am curious about how to physically take delivery of gold and what kind of security would be involved.  A nice thing about trustless transactions in blockchain is that you don't typically have to trust who you're doing business with, but when dealing with a physical commodity, and particularly a high value one, like gold, paying attention to chain of custody, physical security, and insurance are no longer luxuries but become essential.