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World’s First Gold-Backed Token PGX sells out in minutes of a gold rush
Vienna. This Friday 6th of April, Pecunio, an asset platform for safe and easy blockchain investments, is officially the first company to launch physical gold worldwide, via the blockchain.
www.pecun.io
A batch of 3000 PGX tokens was sold out in a couple of minutes in a gold rush of the investment platform’s users. 16 white-listed addressees were entitled to receive their asset-backed tokens running on the Ethereum blockchain. Every Pecunio Gold Token represents exactly 1 gram of segregated, unallocated 999.9 fine gold from LBMA-approved refineries. 3000g of gold were weighed-in by CEO Reinhard Berger and were then secured in a professional high security vault, provided by an Austrian gold handling partner, by the name of GVS.
Watch the video: https://www.youtube.com/watch?v=PmBsrhJz-_E
The deployed contract with all the transactions can be found on Etherscan: https://etherscan.io/token/0x565c7b416ee6a4bc306d4ffaddc520fd088abb2b#balances
Pecunio presents its second MVP before completion of its current token sale, following a successful $4.5MM pre-ICO. The asset platform with a 80.000+ strong user base and a well-known crypto and finance advisory includes heavyweight LDJ Capital Chairman, David Drake, Wallstreet Capital CEO, Douglas C. Anderson, Trade.io’s CEO, Jim Preissler and many others. The team’s extensive hands-on attitude results in several industry partnerships: Iconomi, Vestarin, Trade.io, Citowise and Bcharity seemed lto be of good help for the Dubai based entity.
# # # ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs26.postimg.org%2Fnq1qe0j3d%2FImage02.jpg&t=663&c=F62E1Lu-VLaSGw) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs26.postimg.org%2F3vforwbll%2FImage03.jpg&t=663&c=428JdJlNBKLdfg) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs26.postimg.org%2Fly8riu4sp%2FPGX-_Tokenholders00.jpg&t=663&c=tgOshcI3ymSPxg) [/size]
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Do you have to KYC to buy PCO? What about to join the bounty program?
Yes, KYC is part of the process, you will have to register with your name and some additional information in order to buy tokens. We do this to prevent fraud and insure safe procedure of token distribution. Feel free to use this link for buying PCO: https://pecun.io/app/register/?utm_source=bitcointalkHere is the link to our bounty program: https://bitcointalk.org/index.php?topic=2197521.0All the best and best regards from the Pecunio Team.
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Die Säuberung findet doch ständig statt... schwache Projekte verlieren oder verschwinden, nur im Bullenmarkt wird jeder Mist gekauft...
Ja klar es fallen hier und da mal Projekte runter, aber auch wenn aktuell der Markt rot ist verkaufen sich sinnlose ICOs immer noch wie geschnitten Brot und auf völlig sinnlosen Coins ohne Marketapplication wird gemined und reingebuttert und es wird fröhlich weiter geforked. Ich glaube persönlich halt, dass das noch ein bisschen so weiter geht und wir dann mal unseren eigenen schwarzen Crypto Freitag haben werden, wenn das Geld halt nicht mehr so locker fliest. Aber he ich bin auch kein Wahrsager. Gerade wenn der Markt rot ist sind ICOs ja eigentlich die beste Möglichkeit wieder aufzubessern. Zumindest in den Gedanken einiger, die Frage nach Tatsächlichkeit ergibt sich jedoch erst nach Hieb- und Stich fester Analyse. Die Wertfeststellung durch Anwendung und Nachfrage ergibt sich erst nach einigen Monaten bzw. Jahren durch den Markt. In dieser Phase der Krypto-Reifung sind vor allem Spekulatoren, Get-rich-quick-Interessenten und Daytrader maßgeblich an der Preisentwicklung beteiligt. Unserer Meinung nach wird sich dies auf "natürliche" Art und Weise bereinigen, dies ist eine Zeitfrage.
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I dont like the idea because GOLD has been centralized for hundreds of years and these cryptocurrencies are decentralized it contradicts to each other,isnt it?It would be nice if there are some other commodities that arent centralized like,price of the oil which are not being controlled by few countries or anything that arent being regulated by the government .
Nice idealism and idea! We share understanding for this. Unfortunately the masses don't YET. If you had occupied yourself with our concept, you would have seen, that we have 3 cryptocurrency funds. One called PCC which is live already on our platform as well as on Iconomi. One called PICO, an ICO investment fund - launch anytime soon. One called PAV, Angel & Venture Capital fund - launch in May. In your case, the gold backed token is a chance to overcome unstable markets. Look at it as a "gold tether" stablecoin. Nevertheless, it's a choice where to invest in. We just try to cover a broad spectrum!
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Expertenrating auf IcoBench 11 Experten haben für PECUNIO eine Bewertung auf der Plattform IcoBench abgegeben. Rating: 4,7 von 5,0. Topwert...
Wir freuen uns über das Rating und schauen gespannt auf den Start unseres Token Sales am Montag, dem 19. März 2018!!! Teilnahme unter: https://pecun.io
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The underlying concept is good, but I am not aware of any gold backed cryptocurrency that makes it easy to actually exchange their coin for either actual gold or the equivalent value of fiat. That results in the coins generally not being anywhere near the value of the gold that supposedly backs it. Consider for example that ZenGold is currently worth 1000 times less than the value of a gram of gold despite the fact that each coin is supposed to be backed by 1 gram of gold.
DigixDAO has that same issue but managed to actually be worth significantly more than the value of the gold that backs it, generally 900%-1,200%. This is partly the consequence of the fact that many investors don't actually understand what it means for a coin to be backed by gold. This fact has been repeatedly made evident in forums in which this topic has been discussed. The other factor in the success of DigixDAO is the listing on Binance. It has become a tradition to buy DGD when BTC/USD goes down, since gold is considered to be a safe haven. Demand exceeds supply during dips and buyers are willing to pay far in excess of the value of the gold that backs the coin because they don't understand what that means.
A well-written argument, I like that you have an insight to crypto and I have to agree with you in the obvious misunderstanding of asset-backed gold coins/tokens with regards to cryptocurrency markets. Nevertheless there is an important piece of information missing, that should be found in our latest version of our whitepaper, which is that we will actually exchange tokens for physical gold in selected areas. Again: This means, that Pecunio will exchange physical gold in worldwide branches for tokens available as cryptocurrency on the blockchain! One Pecunio Gold Coin (PGC) represents exactly 1 gram of segregated, unallocated 999.9 fine gold from LBMA-approved refineries. The gold amounts will be audited by external firms and the customer will have both options for pick-up and for delivery. In times of market turmoil, the PGC token will additionally be used as a tether, but with distinction to existent models of being asset-backed by real gold. We think that this is of huge advantage being an exchange with a gold backed tether. Hopefully, we will all profit from this!
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This is a really interesting summary of Gold Coins, appreciations, well done! An important one is missing though: The Pecunio Gold CoinOne Pecunio Gold Coin (PGC) represents exactly 1 gram of segregated, unallocated 999.9 fine gold from LBMA-approved refineries. Pecunio will exchange physical gold in worldwide branches for tokens available as cryptocurrency on the blockchain. In times of market turmoil, the PGC token will additionally be used as a tether, but with distinction to existent models of being asset-backed by real gold. To know more please visit: https://www.pecun.io
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no, never surprised. i can accept Bitcoin from zero to moon. Becasue i am a new member, i know it is very cheap, earlier but do you know now member is accept the price at USD20K as highest in 2017. As regular the price is jump to 8K or less, i think once people accpt it, it will be reasonable! because it is decentralization, not control by one country or person!
Think of it this way... where did it start??? At 0.01 cents??? Soeven if 60% are lost with regards to a 20k price, think of 10000 of % that have been made since the early start! No one can tell where this is going to, but I think it helps to get a long term perspective on things.
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A whale has to be defined in relation to the trading environment.
On a small exchange, a person selling 3 BTC of a cryptocurrency can definetly be a whale. On a huge exchange, it might have to be 300 BTC though...
What makes a whale is the possibillity of obvious price manipulation.
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Was viele beim Traden vergessen, ist der Schutz des bestehenden Kapitals. Also die rechtzeitige Liquidierung einer Position wenn Komponente Zeit eine Rolle spielt oder das gezielte Target, wenn eine Position langfristig aufrechterhalten werden kann. Forschungen zeigen: Viele Menschen sind vorsichtig in der Überlegung darin "ob etwas steigt", aber trotzdem gewillt eine negative Position unverhältnismäßig lange zu halten anstatt rechtzeitig zu liquidieren.
Und eines muss bemerkt sein:
Traden IST NICHT Investieren!!!
#HODL
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Nach der Regulierung der G20 wird sich aber sicherlich viel ändern. Einfach mal abwarten...
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Gibt es einen schönen ICO, der Litecoin (LTC) nimmt? Bin gerade zu faul zum wechseln ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Ja einen wunderschönen ICO namens Pecunio gibt es dafür. Wir nehmen LTC an! Starke Community mit 100.000+ Usern, waren gerade bei der NASDAQ im Interview und sind unserem Goldcoin gerade ganz vorn dabei groß zu werden! Plattformen sind online die Zukunft! www.pecun.io
ICO startet in 3 Tagen... ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Good luck!
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Before making an investment, have a look at the company and make sure of the following: • caring community • strong team • strong brand • proven track record • committed influencers • strong financial backers • long term strategy • actual revenues Hope this helps! Best regards and have a look: https://www.pecun.io
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Does the bot show other prices as well? And what about other currencies?
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Not really. It was to be expected. I recommend all folks to have a look at the new "BUY/SELL" feature on tradingview.com. It helps a lot for understanding the markets sentiments.
Safe trades!
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Please hide our emails from the spreadsheet immediatly!!!
Thanks for letting us know. We'll of course hide the e-mails.
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TOTAL BOUNTY POOL= % Bounty on total tokens:
what is the total bounty pool for this campaign?
Total pool is 965.000 PCO token We will add this info ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Thanks for letting us know. Kind Regards Dominik Berger CMO of PECUNIO
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Thank you for the support. Trust me a lot of awesome things will come up in the next weeks. PECUNIO's team is working hard to give the best outcome to it's investors.
All the best
Dominik Berger CMO of PECUNIO
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