It's absolutely really interested when you said that Auric holders enable to exchange Auric coins for gold after its launch via the Auric Market. Are you sure for this? well, if it is true, how much gold do you plan for this? Any limitation for the number of token holders?
I read their white paper yesterday its all in that. They use the ICO funds to buy gold to match the coins sold so whatever they sell in the ICO up to their limit I guess is covered by gold. you can then sell the coins back for gold if you want to. so far as i understand it, its mainly to guarantee a minimum price so ico buyers cant lose out. But if/when coins go up in value then no point selling for gold you might as well hold the coins.
Think thats right anyway about how they are doing it.