Will the cost of 1 AU token be equal to 1 gram of gold?
This information is indicated on the project website.
Garnex leverages real-world assets to provide price stability to digital assets. Based on 1:1 (1/1000 oz/AU) gold/ounce allocation from all Garnex mined gold, GLD creates a true store of value and extends this offering to the international market creating one of the first globally accessible on-ramps for investors and speculators to gain exposure to above-ground gold & commodities.
That is, for each purchased token, you redeem gold and will keep it in the bank?
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BoardAnnouncements (Altcoins)
Re: Bankcoin Reserve - transparency using blockchain technology
with a large capitalization of this coin, the us dollar may be weakened. So not everyone will like the use of gold ) But I think the team was right to choose gold.
Gold will help to scale around the world so in any country it has a high value and therefore the project will be very easy to scale and I think that this is all very important.
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BoardAnnouncements (Altcoins)
Re: TILCOIN – is an opportunity to invest in modern art on technologies of the XXI c
the team in the future will need to participate in various activities in order for the community to have maximum trust. so that await the announcements on this about.
perhaps in the future it will be but at the moment the team is working on the launch of the marketplace and the beginning of sales rounds. I think it is now the most important.
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BoardAnnouncements (Altcoins)
Re: [ANN]SwapZilla-Unique infrastructure solution that revolutionizes crypto trading