Hello!

Thank you for your question.  We can confirm that new payment getaway is tested and implemented. Our Brazilian team is motivated and we believe that their contribution to the development of the project will make a great difference in the future.

Have a great day.

Masternode Team

Hello!

As you know, Xaurum has two different prices and of course the value in gold. One price is market price and second is production price. When there is a huge gap between market and production price it is impossible to sell XAUR for 0,315 USD if people can get it for half less or even more on the exchanges.
 
If there are no XAUR sold at the production price, there can be no mints. When the price rose higher at the beginning of the summer of 2017 we encountered huge sell pressure on the market from people who bought XAUR at the beginning of the project because they already made great profits, at the same time the negative campaign on forums got new worst dimension and the gap between production price and market price become to big.
 
In order to close this gap we decided to enable our clients to get XAUR at the market price via market orders. When client bought XAUR via market order, we exchanged their FIAT to BTC (not gold) and buy XAUR from the market for them. At the same time we were opening new markets abroad. We were successful on both parts. Via market orders Masternode team sold more than 35. 000.000 XAUR (roughly 5.000.000 EUR), the price was rising and actually even hit the production price few times. While we were still listed on Bittrex trading volume has gone up immensely, we were on the way to change sell pressure into buy pressure.
 
We hit the obstacle with Bittrex and US regulatory changes, the problems with money transfers from other continents to Europe didn’t help us either. So we have worked even harder to overcome this obstacles, luckily XAUR doesn’t have constant inflation, so we believe that we managed to pull trough and sell orders are running out, which is also shown in lower daily trading volume.
 
We estimate that approximately 90% of people who wanted to sell XAUR already did that. On the other hand we are just on the verge of opening new payment gateways that will enable constant money flow from abroad. The amount of this fresh funds will be bigger than the one of sell orders, which will finally close the gap, and enable us to sell XAUR at the production price and consequently start minting.
 
Unfortunately we don’t have a magic wand for mints to happen, that is why we have to rely on the hard work. It is what we do best and I must point out that abroad and among our business associates atmosphere regarding the project is amazing.

Hello!

Thank you for your questions.

We believe that offering a possibility of market buy via Masternode is not only right, but necessary and fair considering the difference between production price and market price at the moment. When the gap closes, the purchase will be again possible at the production price, but no matter the price, people can always choose where they want to buy XAUR (via Masternode or via exchanges).

All the XAUR bought via monthly payments at the production price will be minted, some of them already were. Although the monthly payments were firstly meant to be charged only at the production price, it was raised to our attention that community would prefer that the calculation would be made at the market price until the gap closes, so monthly payments are now charged at the market price.

Regarding the 1170 wallets, since we do not own and have access to them, we can hardly comment on amounts stored on them. 

Have a great day,

Team Masternode

Hello!

Yes, that is a way to interpret see the data, but you were able to sell Xaurum at the highest market price numerous times even after June, when you said it started to lose value… I didn’t forget that many other coins were dramatically hyped and pumped in the last months of 2017. And then dumped in the same way. Let me quote myself from the last post: “I am aware that people don’t purchase XAUR because they think the team is nice, but because they want to enrich their money. I also understand that people can be mad and angry if their expectations are not met, especially if they were watching crypto exploding in the last quarter of 2017 and felt that Xaurum should be exploding the way other did. But as it clear for many people now, it was mostly just fake hype and millions paid the price just a month, two or three later. Xaurum will never be based on fake hype, because we found the best base already. Gold.”

And on the market every token can go to 0. That is how low they can go, but Xaurum is one of the rarest examples that offers another exist strategy – gold. No matter the market price, Xaurum has value – real value and that it why it was stable during the crypto correction period, and we are definitely proud of it.

And one more thing, Xaurum never lost its value. Xaurum value is constantly increasing, since there is more gold behind every token with every transaction or every mint. Price is something people must agree on, value on the other hand is something that is undeniable. I hope you can see the difference too ;-)

Have a great day.

Jure Ristic

Hello!

You didn't :-) Thank you for your question. New payment gateways are in the last phase of development, we are awaiting last official confirmations from various institutions on both ends. We will share the news here, on all social media and in newsletters.

Have a great day.

Masternode Team

Hello!

My name is Jure Ristic, Xaurum Masternode and CEO of Golden Node d.o.o. At first I was not sure if I want to respond to falls accusations, posted by well know profiles whose intent is only to harm the project, for 100th time. But because these accusations are most of all harmful for the project and for all the members of the community and basically for any XAUR holder, I have no other option but to speak up.

I don’t know how it is in foreign countries but it is well know that among Slovenians the most popular national sports are envy and malice. Since most of the team is Slovenian we are quite used to it and it does not bring us down, but the image about the project that our Slovenian brothers try to falsely portray on the forum is unfortunately affecting foreign markets and every time it  demands a lot of our energy and time to put things into the right perspective.

We are not an investment company

We would like to point out that buying XAUR or any other cryptocurenncy is not an investment but is a purchase. You buy a currency, you do not invest in it.  It is a simple exchange from EUR (or any other FIAT currency) to XAUR. Individual owns XAUR like they owned EUR before, so it should be obvious that we do not manage anybodys money, but people do it for themselves. We are not an investment company, that invests money on behalf of their clients who, in return, share in the profits and losses. We offer a currency, similar like Switzerald offers CHF or Croatia HRK… Xaurums goal is to become highly usable and useful money of the future, but it is no secret that many people see currencies as an investment opportunity although that is not their main purpose. It hard to imagine that people who bought CHF would call to Switzerlland and ask why the price isn’t at the level of their expectations, but on the other hand it seems like it is ok for everybody to post malicious and untruthful comments, just to express their anger based on unfulfilled expectations.  

Xaurum is uniquely special because it proposes solutions to the problems of different types of money. It solves the problem of the gold standard currencies, by creating an elastic gold based currency, in the way that its price depends both on demand and the value of gold reserves. So even if we would like to affect the market price in the way some of you imagine we should do, it is impossible. The same goes for some of the most prominent cryptocurenncies in the world. Let us compare price of some coins/tokens that they have today with their highest price on the market they ever had:

BTC 19.900 to 10.000 / split by 2

ETH 1400 to 820 / split by 1,7

XRP 3,80 to 0,94 / split by 4

BCH 4000 to 1200 / split by 3,3

LTC 460 to 200 / split by 2,3

ADA 1,32 to 0,33 / split by 4

VIB 0,71 to 0,22 / split by 3,2

ICN 5,26 to 1,30 / split by 4

CFI 0,43 to 0,096 / split by 4,4

IPL 0,42 to 0,12 / split by 3,5

SNC 0,63 to 0,22 / split by 2,8

QAU 0,53 to 0,22 / split by 2,4

SPF 0,73 to 0,23 / split by 3,2

DTR 0,23 to 0,084 / split by  2,7

XAUR 0,28 to 0,12 split by 2,3 (market price)
XAUR 0,31 to 0,12 split by 2,6 (production price)

As you can see everyone was hit by situation on the market, Xaurum was no exception, however we are proud that in the recent market correction Xaurum was one of the most stable coins.

Where is the money?

In exchange for FIAT each costumer got XAUR and for majority of the same amount of FIAT GOLD was bought! There is the money: IN GOLD. The community asked for the proof of gold and we delivered it in any possible way including with the live audit of the gold and even the video of the reserves.

https://medium.com/@xaurumofficial/xaurum-gold-gold-xaurum-69ea549fdcf8

If person buys XAUR via masternode at the market price, the transaction is similar like you would buy it on exchange. You pay the fee for the service and all the other money is exchanged.  

We are always striving for our costumers to get the most value for the money they are prepared to spend on the purchase and one of the biggest proofs is that Xaurum project has no premine. So that no future client will pay for the tokens that were “printed” for free for the team or for anyone or anything.

What no premine means? It means that all funds gathered were spent in this way:

0% for the founders
0% for the team
0% for the marketing
0% for advisers
0% for staff expansion
0% for development
0% for legal
0% for future project
0% for platform
0% for infrastructure
0% ….

and 100% for gold.

Yes, we have our expenses to. First there are taxes since we conduct our business under the Slovenian law, offices, gold storage and insurance, administration … Project sustains itself from rabate on gold and from minting rewards, not from the client purchases. In our company you will find no one with a regular paycheck. Remember 0% for the team salaries ;-)

Reality check

Yes, Slovenia is one of the most successful countries in the crypto world and yes we are proud to be surrounded with such amazing minds and entrepreneurs. There are many successful  Slovenian crypto projects and neither one of them has control over the market price. Let see how the market affected Slovenian projects based comparing  ICO price with todays price (USD).

ICN 0,10 to 1,38 – 1380%
CFI 0,12 to 0,095 – 79%
QAU 0,05 to 0,21 – 420%
SNC 0,021 to 0,21 – 1000%
VIB 0,10 to 0,22 – 220%
SPF 0,12 to 0,23 – 192%
DTR 0,01 to 0,083 – 830%
IPL 0,10 to 0,11 – 110%
XAUR 0,0065 (ICO) / 0,04 (RICO) to 0,12 – (1890% / 300% AVERAGE: 1095%)

I only used this data to illustrate the current situation, not to evaluate other great Slovenian projects, but just to show the market reality at the moment.

Business trips

Since we are expending our business it is normal to travel abroad it would be much easier if we could do it all from our living rooms, but it is impossible. We hope we will travel even more in the future, because that means that Xaurum project is expanding and that we are wanted abroad. Business trips enabled that project is moving rapidly forward. Just few months ago 95% of XAUR were in the hands of people living in Slovenia or Croatia, but today distribution is much better and 70% of the tokes are in hands from all over the world. Due to the redistribution the price is lower that any of us would want, but we are doing everything to change that with accumulation of new gold. Like we stated before, we opened two large markets Australia and Brazil where we encountered troubles with money transfers, and we are working hard to make it work inside all the legal parameters which takes some time and also trips.

Cars & Villas

I drive the car that I like and that I bought with my own money. When I decide to rent it I do it via AUTOBROKER, our official partner that excepts XAUR as equal to FIAT currencies. Some of their most exquisite rides also wear Xaurum logo.

https://www.autobroker.si/prodaja-vozil/si/dozivetja/lamborghini-huracan.php

Xaurum Gamma token (XGM) can be exchanged for the villas, like Xaurum (XAUR) for gold, that is why villas are owned by the commonwealth. I hope many of you will spend the holidays in this amazing touristic complex.

Suggestions welcomed

I am aware that people don’t purchase XAUR because they think the team is nice, but because they want to enrich their money. I also understand that people can be mad and angry if their expectations are not met, especially if they were watching crypto exploding in the last quarter of 2017 and felt that Xaurum should be exploding the way other did. But as it clear for many people now, it was mostly just fake hype and millions paid the price just a month, two or three later. Xaurum will never be based on fake hype, because we found the best base already. Gold.

I welcome everybody to share his or her suggestions and critiques that could result in improving the project but in the same time in the name of the community and many of XAUR holders ask you to restrain yourself from posting lies, partial truths, an misinterpreted truths, since with this type of behaviour you mostly hurt them.  I encourage everyone to second their critiques and  suggestions with a full name. If it is to hard to do this publicly, I invite you, especially people behind profiles Xaurum_scam, Goldenboi, Manson69,  hope-crypto, to visit the office and talk with me, share your views, ask questions, suggest improvements…

Last but not least, I would like to thank the community for support, for pointing out the people who feed themselves with low-minded provocation, and for sticking by us. We are glad you noticed our improvement in last months, but you ain’t seen nothing yet ;-)

Thank you for your attention.
Jure Ristic

Hello!

When the issue with transactions will be resolved, the information will be shared with you all here and on ANN and on Xaurum official communication channels. Thank you.

Hello!

We believe you will find the answers to your questions in our recent post posted above. :-)

Thank you!

Hello!

Your questions have been answered just few pages ago on page 206.

Minting will start the moment we enable easier transactions (from Brazil and Australia). Since there was no mint for past few months and the price on the market was considerably lower we enabled the option of market price purchase. Via this type of orders we managed to sell more xaurum than we did in times when sales were made at the production price. But only when xaurum is sold at the production price that means there is money available for minting.

We are currently working on two possible solutions that will enable easier cash flow from other continents to Europe. We will keep you posted with the development.