Quote from: AirgeadCoin Official on August 06, 2018, 09:28:27 AM

Quote from: BitPotus on August 06, 2018, 09:09:50 AM

on look...

another rehash of the "Precious Metal backed" crypto ICO...

FFS.

This scam has been done like a million times on bitcointalk...

Not exactly, let me explain why.

Yes, our currency is backed by either Gold, Silver Palladium etc.

But the main idea behind AirgeadCoin is that it will let users to merge, let's say, 1oz of Gold, 1oz of Silver and 1oz of Palladium into one coin.
If the person who is doing the merging of several precious metals in one knows what they are doing, they will be able to increase the value of that coin that was previously only backed and effected by only gold.

Sellers can choose to sell their unique creation on our exchange, if there is a buyer who is looking to purchase 1oz of Gold, Silver and Palladium merged in one coin.

That's what I mean by "knows what they're doing". If you just want to make a custom coin without giving it any thought, it might become less valuable since there won't be anyone interested in purchasing it.

Think of it as a precious metal index fund all in one coin.

do you currently hold any precious metals?

and if you do, how much?

can the amounts of precious metals be independently verified and guaranteed to be kosher?

or do you need the ICO to buy your "precious metals stock"?