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

Well they used the gold to hype their project so many people would invest on them specially newbie if they see gold backed they will be hype without doing any research and now some of the CEO will put gold backed on their website so that if they see they will ne excited because it was crypto and now gold backed as simple hype.

abayan

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