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Re: [ANN] Xaurum - Stable coin - Pegged and Exchangable to Gold - Since 2015 [XAUR]
You could look at and read the website: www.xaurum.org.
1. All the gold reserves are stored at Loomis, except 6351 g in locally for faster melting. The gold is prepaid as 1g 999.9 good delivery gold bars and stored as 1 kg or 0.5 kg bars, to decrease costs.
2. Loomis issues daily reports. The old web sites had a link to them. If you want to see them, ask the Auresco Institute. You'll probably get them easily. There is also an official report PricewaterhouseCoopers d.o.o.
3. Currently is 1000 XAUR = 1.01766991 g of gold. The gap is constantly changing. The ratio can not be lower, it can only be higher. Read the white paper.
4. You can track the amount of gold and the number of coins in real-time on the website. You can do control at etherscan.io.
5. There is no reason that you will not be able to withdraw all your tokens. You can sell them on the stock market. You can pick up gold. In this case, the coins are destroyed. Therefore, the ratio of gold to coins remains the same. XAUR is not a classic currency crypt. XAUR is a kind of certificate of ownership of a physical gold that uses a block chain. XAUR can not be mined. If you want made XAUR, you must buy gold. That's why gold does not run out.
6. I am not part of the company, but it is logical for me that part of the money collected is for expenses. The bulk of it is for the purchase of gold.
1. All the gold reserves are stored at Loomis, except 6351 g in locally for faster melting. The gold is prepaid as 1g 999.9 good delivery gold bars and stored as 1 kg or 0.5 kg bars, to decrease costs.
2. Loomis issues daily reports. The old web sites had a link to them. If you want to see them, ask the Auresco Institute. You'll probably get them easily. There is also an official report PricewaterhouseCoopers d.o.o.
3. Currently is 1000 XAUR = 1.01766991 g of gold. The gap is constantly changing. The ratio can not be lower, it can only be higher. Read the white paper.
4. You can track the amount of gold and the number of coins in real-time on the website. You can do control at etherscan.io.
5. There is no reason that you will not be able to withdraw all your tokens. You can sell them on the stock market. You can pick up gold. In this case, the coins are destroyed. Therefore, the ratio of gold to coins remains the same. XAUR is not a classic currency crypt. XAUR is a kind of certificate of ownership of a physical gold that uses a block chain. XAUR can not be mined. If you want made XAUR, you must buy gold. That's why gold does not run out.
6. I am not part of the company, but it is logical for me that part of the money collected is for expenses. The bulk of it is for the purchase of gold.
Your money has been spent on rolex watches, luxury cars and god knows what else - stop fooling yourselves that this is a legitimate project - your money has gone.- fools gold
Re: [ANN] Xaurum | Exchangable for Gold | 97,348.9G - 999.9 LBMA | Since 2015 [XAUR]
This still exist?
Gold has risen, about the last months Xaurum gone down. Any reason for that?
What must happen that Xaurum and Gold correlate, pricewise ?
How much gold I get for every XAURUM ?
Thank You.
Dear Xaurum Founders,
I like your idea about Gold and Crypto - but ...
88kg of Gold now laying arround since years and doing nothing for the investors.
May I sugggest following, sell 1/3 of your GOLD, buy crypto USDC, go to the Populous Website open a account and buy Populous XAUp Goldcoins,
Your Money ist kept for 12 months, you will get upfront 9% discount on your Crypto-Gold (against market price). Every 12 month you can replace your XAUp coin again and get 9% , over the years you can increase your Gold-Stock by 9% per year or give as interest to your investors.
After changing the rules of your offering with the Investors:
If you would sell 1/3 of your Gold and buy XAUP you can generate 3% every year for your investors, but have the security of your 2/3 physical gold at your hands.
Have a chat with Populous, the XAUp GOLD is licensed and proven by a third party audit every year.
Have a good day. And financial success in all you do.
Oh hey again lol, thats a really good idea you know, selling some gold then buying xaup with 9% discount so in the end, you technically have more gold
Yes, this would be one of the best WIN/WIN stories I ever heared of in crypto. A wonderfull partnership and so good for the XAURUM Investors.
Xaurum is a proof of the physical gold that stands for xaurum.
Xaurum is not a crypto, but it is just a block chein.
Gold can not be sold or pledged because it is owned by the owners of xaurum.
Project maker are obliged to take care of the gold storage and hand it over to the owner of xaurum, if the owner of xaurum decides that he will destroy xaurum.
Forget about the crazy idea of what xaurum makers should do with gold do not come into consideration.
You should not mix the xaurum project with marketers who want to present the project more widely.
The idea and the project is good, marketing is not.
For most of you, it's not clear here that xaurum has a real value and that it's currently the cheapest way to buy gold.
Some people say: This is bullshit, scam, ....
Some are happy.
But it's not clear to most off people.
Re: [ANN] Xaurum - Stable coin - Pegged and Exchangable to Gold - Since 2015 [XAUR]
About two years ago it was really necessary to give 2000 XAUR for 1g of gold. The ratio changes in favor of XAUR due to rules written in white paper. The ratio to the XAUR will never be lower than it is now, it can only be higher. That's why it pays to keep XAUR. You know exactly how much gold is actually worth. And the ratio of the coin is increasing due to rules written in white paper.
The relationship is changed every time a trensaction is performed in the XAUR. With each transaction 0.5 XAUR is destroyed, while the amount of gold remains the same. The relationship also changes if new gold is purchased and the new XAUR is issued in accordance with rules written in white paper.
If anyone wants to replace XAUR for gold, gold is handed over to the owner. Gold is withdrawn from stock, and XAUR is destroyed. In this case, the ratio remains the same.
The relationship is changed every time a trensaction is performed in the XAUR. With each transaction 0.5 XAUR is destroyed, while the amount of gold remains the same. The relationship also changes if new gold is purchased and the new XAUR is issued in accordance with rules written in white paper.
If anyone wants to replace XAUR for gold, gold is handed over to the owner. Gold is withdrawn from stock, and XAUR is destroyed. In this case, the ratio remains the same.
Re: [ANN] Xaurum - Stable coin - Pegged and Exchangable to Gold - Since 2015 [XAUR]
You could look at and read the website: www.xaurum.org.
1. All the gold reserves are stored at Loomis, except 6351 g in locally for faster melting. The gold is prepaid as 1g 999.9 good delivery gold bars and stored as 1 kg or 0.5 kg bars, to decrease costs.
2. Loomis issues daily reports. The old web sites had a link to them. If you want to see them, ask the Auresco Institute. You'll probably get them easily. There is also an official report PricewaterhouseCoopers d.o.o.
3. Currently is 1000 XAUR = 1.01766991 g of gold. The gap is constantly changing. The ratio can not be lower, it can only be higher. Read the white paper.
4. You can track the amount of gold and the number of coins in real-time on the website. You can do control at etherscan.io.
5. There is no reason that you will not be able to withdraw all your tokens. You can sell them on the stock market. You can pick up gold. In this case, the coins are destroyed. Therefore, the ratio of gold to coins remains the same. XAUR is not a classic currency crypt. XAUR is a kind of certificate of ownership of a physical gold that uses a block chain. XAUR can not be mined. If you want made XAUR, you must buy gold. That's why gold does not run out.
6. I am not part of the company, but it is logical for me that part of the money collected is for expenses. The bulk of it is for the purchase of gold.
1. All the gold reserves are stored at Loomis, except 6351 g in locally for faster melting. The gold is prepaid as 1g 999.9 good delivery gold bars and stored as 1 kg or 0.5 kg bars, to decrease costs.
2. Loomis issues daily reports. The old web sites had a link to them. If you want to see them, ask the Auresco Institute. You'll probably get them easily. There is also an official report PricewaterhouseCoopers d.o.o.
3. Currently is 1000 XAUR = 1.01766991 g of gold. The gap is constantly changing. The ratio can not be lower, it can only be higher. Read the white paper.
4. You can track the amount of gold and the number of coins in real-time on the website. You can do control at etherscan.io.
5. There is no reason that you will not be able to withdraw all your tokens. You can sell them on the stock market. You can pick up gold. In this case, the coins are destroyed. Therefore, the ratio of gold to coins remains the same. XAUR is not a classic currency crypt. XAUR is a kind of certificate of ownership of a physical gold that uses a block chain. XAUR can not be mined. If you want made XAUR, you must buy gold. That's why gold does not run out.
6. I am not part of the company, but it is logical for me that part of the money collected is for expenses. The bulk of it is for the purchase of gold.