Xaurum Mint I:Minting value: 6792.86244 $ Gold increased: 123.95734379562045 g Xaurum issued: 101831.62368011166 XAUR Xaurum Ratio: 0.00039965711954236574 1 g can be melted for: 2502.144841420734 XAUR Total Xaurum money supply: 82557771.9760801 XAUR (total fees not subtracted) Total Xaurum gold reserves: 32994.80134379562 g 1 XAUR cost 0.06670680673 $ to mint.  What was the production price? |
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i think you will be better off if you just hold
Just a little fact: ETH has approximately same number of coins is not gold backed and its 11 USD. Lisk has 100 mio coins and the price is 0,28 USD and it is still an idea with roadmap, nothing to back it with. DigixDAO has 2 mio tokens and the price 10 USD - no gold whatsoever. ... and so on, and so on. I don't think this coins are expensive. I actually believe some of them will grow. I do think that XAUR is where BTC was when it was born. So, don't worry for XAUR. Just thank all the dumpers for selling it at this prices. |
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Just a little fact:
ETH has approximately same number of coins is not gold backed and its 11 USD.
Lisk has 100 mio coins and the price is 0,28 USD and it is still an idea with roadmap, nothing to back it with.
DigixDAO has 2 mio tokens and the price 10 USD - no gold whatsoever.
... and so on, and so on.
I don't think this coins are expensive. I actually believe some of them will grow.
I do think that XAUR is where BTC was when it was born.
So, don't worry for XAUR. Just thank all the dumpers for selling it at this prices.
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Just a little fact:
ETH has approximately same number of coins is not gold backed and its 11 USD.
Lisk has 100 mio coins and the price is 0,28 USD and it is still an idea with roadmap, nothing to back it with.
DigixDAO has 2 mio tokens and the price 10 USD - no gold whatsoever.
... and so on, and so on.
I don't think this coins are expensive. I actually believe some of them will grow.
I do think that XAUR is where BTC was when it was born.
So, don't worry for XAUR. Just thank all the dumpers for selling it at this prices.
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Contrats devs for the start of the trading.
Anybody selling below 0,00043 BTC (0,25 USD) does not understand the power of this coin and will regret it in near future. Everybody who bought XAUR below this price did a great purchase.
... and its only the beginning...
you sure its only the beginning? I'm sure, but only time will convince everybody else. |
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Contrats devs for the start of the trading.
Anybody selling below 0,00043 BTC (0,25 USD) does not understand the power of this coin and will regret it in near future. Everybody who bought XAUR below this price did a great purchase.
... and its only the beginning...
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sorry if i missed this information but how many XAU is equivalent to 1gold bar? is it possible to exchange xau to gold bar?
The gold base of XAU (the old) was/is 2.26g. I don't know if that was affected by the RICO ... The gold base of XAUR (the new) is 0.00039864737g. Well if 1 gold bar is 1kg then you need 1000/2.26 = 442.47787610 XAU or 1000/0.00039864737 = 2508482.62212290 XAUR. You surely can exchange XAU or XAUR for their gold base, however, given the fact that XAU/XAUR price is way higher than its gold base value, it may be better to sell it or hold it  . Yes, you're right. Holding for long time add more waitage in gold for sure. You can sell it at higher price or exchange for higher amount of gold later. The gold value will rise quicker if the price on the exchange is higher. I'm keeping my XAUR. |
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Not a scam. I will post a general blog post tomorrow. The idea is being more egalitarian, supporting any legit project which utilizes/uses/helps Lisk. That means later also blockchain apps, we experienced how hard finding escrow partners is. I'm only escrowing the LSK, nothing else. One of the founders (they are from Cashila) is a good friend of mine. He supports Lisk by accepting it. He is a big Lisk supporter/believer, as it's an index it has advantages. Driving home currently, worked for 13h, please wait until tomorrow.  Edit: It will probably cost me 2-3 hours of my time in total. However, this will be the first ICO which accepts LSK. Lisk will be named in every press release, we are forever coupled to their name, and so on. It's worth it for Lisk and it will be the first step to offer this service to our legit community members. XAURUM was the first ICO accepting Lisk. rico.xaurum.org Oh wow. Didn't know it. should talk more with your fellow escrow Gasper Kenda :-) |
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Not a scam. I will post a general blog post tomorrow. The idea is being more egalitarian, supporting any legit project which utilizes/uses/helps Lisk. That means later also blockchain apps, we experienced how hard finding escrow partners is. I'm only escrowing the LSK, nothing else. One of the founders (they are from Cashila) is a good friend of mine. He supports Lisk by accepting it. He is a big Lisk supporter/believer, as it's an index it has advantages. Driving home currently, worked for 13h, please wait until tomorrow. Edit: It will probably cost me 2-3 hours of my time in total. However, this will be the first ICO which accepts LSK. Lisk will be named in every press release, we are forever coupled to their name, and so on. It's worth it for Lisk and it will be the first step to offer this service to our legit community members. XAURUM was the first ICO accepting Lisk. rico.xaurum.org |
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I sent the form. Guys please do this. It will speed the process of adding XAUR to polo. |
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Big congratulations! This is the end of a very complex transformation and the start of new life for Xaurum. Really great job! |
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lol this coin will go nowhere fast.
Fact is its not going down. |
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A quick update:Our team is working hard to deliver a safe and tested coin in a few days, and towards getting everything in order for the launch of the new Xaurum. You can get ready by loading the latest Ethereum wallet (pro fork) and syncing. Once we have published the code, we think there should be no problems with getting the larger exchanges to list us, especially with some help from the community. Thank you! Awesome. To trade XAURUM at the most popular exchange POLONIEX you should attentive fill in this simle form https://poloniex.com/coinRequest : What is the name of the coin? *XAURUM
What is the coin's symbol? *XAUR
Please link to the announcement page. *https://bitcointalk.org/index.php?topic=1546279.0If the coin has a website, please link it here.http://www.xaurum.org/If the coin has a block explorer, please link it here.https://chainz.cryptoid.info/xau/
Please explain why you would like to see this coin added to the exchange. *Xaurum exercies cooperative control over the money supply, trough decentralized cooperative mining and minting. Xaurum is coined by exchanging the mined value for physical gold, stored as the CommonWealth gold reserves. Duplicate entries will be deleted. Please only submit this form once. Thank you! Great. Thanks. Just one thing... the explorer is the old xau explorer. New one will be XAUR ethereum explorer. Maybe we should wait for devs to specify it. |
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(sorry I don't speak Russian) President Putin just arrived in Slovenia - exactly when RICO ended  Most welcome. Here is his quote on Bitcoin: "[Bitcoins] are backed by nothing. This money [is backed by nothing], that's the point, this is the major problem. They are not really linked to anything and backed by nothing," Putin said. http://www.coindesk.com/russian-president-vladimir-putin-addresses-bitcoin/So XAURUM is a solution to this major problem. It is backed by something - GOLD. All the best to my friends in Russia |
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And don't forget even if the funds are there it's about control. Whats to stop the central authority (holder) from just walking away with it?
Auresco Institute is an entity created for the purpose of legal responsibility for the gold reserves, it is located in Slovenia, EU and subject to its laws. Today, Xaurum RICO Mint III will be done, starting at 12.00 CET.
Our team is working hard towards the open Xaurum testnet, we hope it will be prepared tomorrow, or on Friday. Yesterday we've met with Cashilla team to discuss future cooperation, more information willl be availiable soon.
Cashila would be very nice option. Great! |
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What is the physical location for inspection.
Its somewhere in Turkey now (they mentioned the city but I forgot which) but its being moved to Sweden. Did they say when it will be moved to Sweden, and where in Sweden it will be moved to? What company in Sweden will hold the gold, and how will the dev prove he's holding gold there? Why is it being moved from Turkey to Sweden? Oh man. please read before you ask. Loomis is based in Sweden. Its an international corporation. Gold proof was given, you will also be granted public access to Loomis storage of Xaurum gold, when Loomis enables that technically. Can you share a link to the proof of gold? And information on the Loomis access? I really want to invest in XAUR but find it suspicious that it's so difficult to find proof on how to get this physical gold Here you are: Nadir confirmation on gold purchase: https://www.facebook.com/xaurumofficial/photos/a.797370633733102.1073741828.797065590430273/820987751371390/?type=3&theaterLoomis announcement: www.facebook.com/xaurumofficial/ and scroll down to find it in the posts. |
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Xaurum RICO Mint II:Minting value: 63,172.49 $ Xaurum issued: 1583612.892 XAUR Gold increased: 1152.782482 g Total Xaurum money supply: 77255827.46 XAUR Total Xaurum gold reserves: 29026.96998 g 1 XAUR = 0.0003757253134 g 1 XAUR cost 0.03989136506 $ to mint.  So, the quantity of gold owned by every Xaurum coin (including newly minted) has risen more then 30% since the beginning of RICO. That is pretty nice. A direct demonstration of major Xaurum feature. Every investment benefits the whole community without loosing anything itself. |
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What is the physical location for inspection.
Its somewhere in Turkey now (they mentioned the city but I forgot which) but its being moved to Sweden. Did they say when it will be moved to Sweden, and where in Sweden it will be moved to? What company in Sweden will hold the gold, and how will the dev prove he's holding gold there? Why is it being moved from Turkey to Sweden? Oh man. please read before you ask. Loomis is based in Sweden. Its an international corporation. Gold proof was given, you will also be granted public access to Loomis storage of Xaurum gold, when Loomis enables that technically. |
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Have a trusted escrow agent physically inspect the assets.
Yeah right that is going to happen. Lol
You can get a third party to inspect the assets this isn't a problem but how can you make sure the 3rd party is legit. Hence the highlighted.  1. The access to Loomis account will be public (when Loomis enables it). You will be able to log on their web site and chech how much gold is stored by Auresco. 2. Please accept a public personal invitation to visit the storage facility. You need to pay for the airplane and room. Interested? Escrow the cost of the inspection and I will foot the bill for the inspection out of my own pocket and then after the inspection the escrowed funds will be released. Let's do this. Please suggest third party inspector. PM me so we can move forward. Ok? Disclaimer: I have helped to arrange Loomis and Nadir agreements. This gives me the ability to organise everything needed. Great, I will be busy until tues or wed, as soon as I have time I will figure out the cost. What is the address? Is it the one in texas? Texas? Anyway let me know. Loomis US 2500 CityWest Boulevard Suite 900 Houston, Texas 77042 Phone 713.435.6700 Trust issues will be resolved with the Loomis open account, where anyone will be able to check the quantity for himself.
The second mint will be on Sunday, 24th at 12.00 CET, the lowest cost for it will be 0.03812457009$ (the price of mint I). We can only determine the lowest possible cost of minting in advance, as it depends on how much funds are used for it.
What is the physical location for inspection. Loomis in short: 23,000 employees operate at about 400 branch offices spread across more than 20 countries. Inspection location is Istanbul. As requested, name the third party and PM me for details. |
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