Quote from: SamboNZ on Today at 06:36:04 AM

Quote from: Mahanton on June 30, 2020, 09:13:55 PM

Quote from: Stanlo on June 30, 2020, 06:21:58 AM

I'm forced to create this topic today because it's getting annoying how some new developers are creating gold backed tokens on this forum, please listen to me, some use cases are foul play in crypto space and gold backed tokens are one of them, many so called devs are building tokens but they have no proof that those tokens are backed by any gold yet some investors believed them, it's all lies, open your eye people...

The only way I can trust a token that's backed by real gold is if the project is from a gold company, verified and certified, I'm talking about well known real gold companies like

1. Kinross Gold
2. GoldCorp
3. Agnico-eagle mines e.t.c

These are examples of real life gold companies, stand for the truth and stop promoting or patronizing unrealistic crypto projects

Are you sure that these projects are really backed with real gold? I have known some projects that actually been backed with gold but not able to get traction nor become success due to lack of interest.
Its nothing new that project devs will be tagging off other ideas just for them to imply it into their own project and make it look more interesting. When we do talk gold then it do simply spark out someones interest thats why you cant really stop nor get rid of those people who do deal up even with fake ones.This isnt only limited on gold niche but also in others as well.

If you read carefully he mentioned if its backed by these companies because those are companies dealing with real gold but I dont see any reason for those companies to have any partnership with cryptotokens when they dont have any problem exchanging their gold with real cash.

That's the point, real gold companies don't need crypto tech to expand their business, it's like giving away golds for tokens, I see no reason to trust any token that's backed by real gold because to me it doesn't make any sense