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Author Topic: [ANN] Silvering (SLVG) token - New Silver Asset Backed Cryptocurrency  (Read 1160 times)
AltcoinNForum (OP)
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July 22, 2020, 05:16:48 PM
 #41

https://www.coingecko.com/en/coins/silvering

24h   +2.8%
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tippytoes
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July 22, 2020, 09:20:20 PM
 #42

The team has a very serious approach to business, such projects are needed in the modern world more than ever. Now that the world is changing so fast, fundamental things are needed that can help people. "Silvering is an ERC20 token that is backed 100% by physical silver. 1 SLVG is backed by 0.5 grams of physical silver. The tokens you hold represent physical ownership of silver than can be redeemed for the physical asset. Once you spend the Silvering token, you will be charged a transaction fee." - this is impressive

Really? What is impressive with that statement? I wonder if there are people that will redeem their physical silver. Also, of course once you transfer your silvering token, you need to pay for gas fees. I don't understand why you are saying that this statement is impressive? Care to elaborate why?
AltcoinNForum (OP)
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July 22, 2020, 10:41:43 PM
 #43

The team has a very serious approach to business, such projects are needed in the modern world more than ever. Now that the world is changing so fast, fundamental things are needed that can help people. "Silvering is an ERC20 token that is backed 100% by physical silver. 1 SLVG is backed by 0.5 grams of physical silver. The tokens you hold represent physical ownership of silver than can be redeemed for the physical asset. Once you spend the Silvering token, you will be charged a transaction fee." - this is impressive

Really? What is impressive with that statement? I wonder if there are people that will redeem their physical silver. Also, of course once you transfer your silvering token, you need to pay for gas fees. I don't understand why you are saying that this statement is impressive? Care to elaborate why?

This is not an official statement of Silvering.
SLVG is firstly for trading on exchanges, redeem for silver coins are optional, if someone want to hold phisical silver coins.
Thanks.
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