Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Gold Backed Coin
by
Goldbacked Coin
on 11/04/2014, 16:47:54 UTC
In the event that all coins are sold how will you get 37 tons of gold?

we are not backing in advance but we are backing the Gold Backed Coins in the moment they are sold. market demand defines the amount of coins issued and backed. the underlying concept of GBC enables  us to deal with small amounts as well as with bigger amounts