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Author Topic: [ANN] Xaurum [XAUR]  (Read 273558 times)
Puhi
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July 19, 2016, 08:33:10 AM
 #101

Posting tweet of @Xaurum official:

"XAURUM RICO first 4 hours FIAT score!!!
241.974,42 USD invested (sum of USD, EUR, GBP, RUB)


Next FIAT score announcement in few hours.
P.S.: FIAT currencies will be accounted for at every mint. We will announce intermediate scores in all channels."
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July 19, 2016, 10:31:22 AM
 #102

Few questions

1) What's the benefit of buying now instead of last day of the RICO?
1b) How much is one XAUR right now in USD?
1c) Will the price increase on day 3?

2) Is supply limited or not?

3) Is this RICO like digixDAO's ? (when they reached 5.5 M they went "out of stock")
Aurum Project
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July 19, 2016, 11:18:57 AM
 #103

Few questions

1) What's the benefit of buying now instead of last day of the RICO?
After minting, Xaurum ratio will increase, this means the base value of each xaurum will increase, and will consequently be more costly to create. Nobody can know how much more the cost will increase in advance, yet it is certain to increase, as it depends on the number of funds collected and number of new xaurum coined. After the first mint, a new minting price will be published.

2) Is supply limited or not?
The supply is not limited, because for Xaurum, inflation increases the value.

3) Is this RICO like digixDAO's ? (when they reached 5.5 M they went "out of stock")
The unlimited supply already answers this, but we should delineate some additional differences from digixDAO, that only collects fees from their digital assets. Xaurum is not a representation of gold, but a form of money that uses gold. It also collects fees, but this is really the lowest form of income of the Xaurum commonwealth, until a significant increase in userbase and volume. The main part of the gold reserve increase comes from Xaurum coinage, that at the same time benefits all of the users and the minter/miner.


... sic manet gloria mundi.
angelomilan
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July 19, 2016, 11:43:59 AM
 #104

thanks for all the answers to my noob questions.
More clear now  Grin
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July 19, 2016, 03:33:12 PM
 #105

Very satisfied with the RICO so far. In the mean time I am cooling down on my Ducati which is also backed by gold  Smiley    Forza Xaurum!

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July 19, 2016, 03:49:24 PM
 #106



If a coin is backed by gold, does this mean that a whale can't drag the price down if they dump about thousands of it?

Interesting a coin backed by gold, count me in. And i join the twitter campaign later on.  Smiley

Wish to have joined during the first week of the campaign. Where is their thread to the twitter campaign?

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July 19, 2016, 03:51:18 PM
 #107

Few questions

1) What's the benefit of buying now instead of last day of the RICO?
After minting, Xaurum ratio will increase, this means the base value of each xaurum will increase, and will consequently be more costly to create. Nobody can know how much more the cost will increase in advance, yet it is certain to increase, as it depends on the number of funds collected and number of new xaurum coined. After the first mint, a new minting price will be published.



Very informative.
i have some XAURUM and that was one of my main questions.

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July 19, 2016, 04:00:36 PM
 #108



If a coin is backed by gold, does this mean that a whale can't drag the price down if they dump about thousands of it?

Interesting a coin backed by gold, count me in. And i join the twitter campaign later on.  Smiley

Wish to have joined during the first week of the campaign. Where is their thread to the twitter campaign?

It is usually trading above the gold price because it also grows in value. It can only be dumped untill it hits the gold price. If they dump the price lower than that they are giving money away, as they would have been better of taking the gold and selling it.

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July 19, 2016, 06:10:19 PM
 #109

Wish to have joined during the first week of the campaign. Where is their thread to the twitter campaign?

Here it is https://bitcointalk.org/index.php?topic=1554708.

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coinmenace
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July 19, 2016, 07:02:15 PM
 #110

i see ETH & LSK are also accepted as crypto-currencies in the RICO - what is the exchange rate like to XAUR? is it first changed to the BTC/USD rate then then to XAUR?
nezto77
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July 19, 2016, 07:42:32 PM
 #111

the price is perfect for a xaurum.i will have for the near future
Bitcoinmeister
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July 19, 2016, 08:28:18 PM
 #112

the price is perfect for a xaurum.i will have for the near future

yes the price is really good and XAU is also mooning, this will be exiting till rico end

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July 19, 2016, 08:43:38 PM
 #113

Wondering how this one will process after a few failures
Puhi
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July 19, 2016, 08:46:10 PM
 #114

Wondering how this one will process after a few failures

Failures?
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July 19, 2016, 08:48:02 PM
 #115

Wondering how this one will process after a few failures

Failures?

yes other ICO failures, i mean... lets hope Xaurum will be a success
Puhi
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July 19, 2016, 08:52:54 PM
 #116

Wondering how this one will process after a few failures

Failures?

yes other ICO failures, i mean... lets hope Xaurum will be a success

I guess people are getting tired of devs selling them air and empty promises. This ICO is already a success. Already cca. 6 new kilos of gold - after a good day. This gold is owned by investors - not devs - and is increasing the base price of the coin.
The price increase after first mint will be interesting. Can't wait.

... and 10 more days to go :-)
Aurum Project
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July 19, 2016, 08:57:38 PM
 #117

i see ETH & LSK are also accepted as crypto-currencies in the RICO - what is the exchange rate like to XAUR? is it first changed to the BTC/USD rate then then to XAUR?
We're selling all cryptocurrencies continuously, and will publish much each was worth in USD after each mint.


We're happy to announce that the contract with Loomis is signed, and the open digital account is now confirmed. As soon as Nadir relocates our gold reserves to Loomis, everyone will be able to check the quantity of gold, we hope this to be during the event.


So far, we have collected:

- 291,788.61 USD  in fiat currencies,
- 43.21553707 BTC
- 325.89454884 ETH
- 6054.96652511 LISK

and exchanged 5192.91343374 XAU for 41543307.4699 XAUR.

... sic manet gloria mundi.
sunce33
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July 19, 2016, 11:17:41 PM
 #118

I like IT, i'm in I already oin twitter,blog post,signature,translate

 Wink Good Luck All

.........It is never late to buy BTC for $1........
......Services-backed cryptocurrency of......
............$1 000 000 000 000 market.............
.............PRE ICO            Sept.27 – Oct.4..............
       .............ICO            Oct.10 – Nov.7..............
......................ANN thread      Bounty...................

megashira1
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July 20, 2016, 04:11:26 AM
 #119

I don't understand how Xaurums' inflation can be profitable.

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July 20, 2016, 08:31:16 AM
 #120

Hi, I want to buy Xaurum  in RICO.
Can you tell me the simple process for this and what is the price of Xaurum   in RICO?

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