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Title: Cryptocurrency secured by non-ferrous metals Post by: aad140386 on October 25, 2018, 12:09:55 PM Today I read a very interesting news that Vladimir Potanin, the head of "Nornikel", one of the world's largest enterprises for the extraction of non-ferrous metals, plans to create a cryptocurrency provided by the metals that are mined by his company. So he plans to provide an additional market for his products. How do you think this initiative will have a positive effect on the crypto-market and if it is realized, will this cryptocurrency be in demand?
Title: Re: Cryptocurrency secured by non-ferrous metals Post by: PipeMaddox on October 27, 2018, 07:49:11 AM The idea is completely unique. If this initiative gains success, other major investor will also follow suit and it will help the market to grow. However, it is too early to say or even predict how the cryptocurrency will perform in the market. And wether it will be able to survive the volatile market and attract investors or not is another question that can not be answered. Only time can tell that tale.
Title: Re: Cryptocurrency secured by non-ferrous metals Post by: GenesisDominguez on October 27, 2018, 08:51:52 AM Not only cryptocurrency, Nornickel plan to launch their own crypto exchange. This new initiative would certainly help them attract new investments. This will attract more companies in Russia towards cryptocurrency.
Title: Re: Cryptocurrency secured by non-ferrous metals Post by: JayCue on October 27, 2018, 01:13:36 PM A good one. Cryptos that are backed by a real and tangible company or products. Investors will support this idea for sure.
Title: Re: Cryptocurrency secured by non-ferrous metals Post by: ColemanGentry on October 27, 2018, 05:24:30 PM Well, maximum investors are waiting to have a physical form of bitcoin which would give them the mental peace. so of course, this investment will have positive effect on the crypto. Also, the company will earn a fortune using the mining crypto.
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