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Author Topic: [ANN] Xaurum [XAUR]  (Read 272001 times)
Aurum Project
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June 20, 2017, 09:28:34 AM

What you don't understand is that Nadir and Loomis don't care, Loomis doesn't care if the "gold" they hold is fake, they just have the obligation of keeping it safe and keeping documents that say a certain amount of gold (with no guarantee of authenticity) is available and stored.
Loomis cares about the value of stored goods because it charges storage fees as a % of the value stored. Nadir is a good delivery refinery, it means that its been running its business for 10 years without any incidents, if it defrauds or behaves scammy in any way it loses its status, there is no way they would do something like that.

1. Show some leadership around here, actual faces, there are tons of coins out there with faces (at least) of the development team, here we have nobody to really put our trust in other than "Auresco" which consists of a simple one page website with no faces of anyone nor names.
This will be added to the xaurum.org , the Auresco members ( Gašper Kenda, Igor Cej, Matija Potočnik Pribošič), the masternodes and their firms, Aragorn and Golden Node as well as the foreign representatives and ambassadors with the list of all open offices. Some of the team in Xaurum Foundation are already presented on their website.

2. Better marketing, posts in social media shouldn't be have tons of punctuation that shouldn't be there stop with the "!!!", also better grammar.
True, !!! capslocks and poor grammar should be avoided.

3. Old social media accounts, it is obvious the "Xaurum team" has lost the password to these accounts, for example http://aurescoinstitute.tumblr.com/ which is filled with outdated nonsense. Also there should only be 1 social media account for every platform, there is 2 on twitter for Xaurum, one filled with nonsense in Latin, a dead language.
There is only one twitter account, @urumproject, the XaurumOfficial is run by the Xaurum Foundation, there is also a Japanese one and we hope there will be many other. We don't see why that would bother anyone. We'll set the tumblr links to private, we have left it as a redirect from our former domains.

4. Dead links or irrelevant pages on Xaurum.org, go through your site, it only takes a second to fix!
There were some dead links recently removed, other than that we don't really know what do you mean.

5.  Explain to us why is there a Xaurum office https://pbs.twimg.com/media/C8AlIgzX0AA_wxO.jpg:large , when there is no document made with basic accounting principles stating the cost of this office nor a document stating the cost of the employees running the office. If they are simply Auresco Insitute volunteers, state why they would volunteer or what their interests are.
There is a Xaurum office as the seat of Xaurum Foundation consisting of masternodes, it has nothing to do with Auresco Institute other than its CEO is a board member in the Xaurum Foundation.

6. It doesn't make sense that the "Auresco Institute" is a nonprofit organization when its main objective is to raise the value of Xaurum and raise the quantity of gold in the Commonwealth, this indicates a for profit venture.
From wikipedia: ". In economic terms, a nonprofit organization uses its surplus revenues to further achieve its purpose or mission, rather than distributing its surplus income to the organization's shareholders (or equivalents) as profit or dividends. "


7. Mint images look like they were typed in a basic notepad software and screenshotted, no better ideas?
They are screenshots from the official announcements on this forum.

8. Why is there no images of the gold? Why do you need to put a google image on the XaurumOfficial twitter page when you can simply snap a photo of the physical gold you already have, is there a specific reason for this?
There are plenty of images of gold, just not of the 120kg we now have. You can check the gold ID numbers on the pictures we have published with the numbers on the documents that were published at the same time to get an additional check of authenticity of gold. The only reason why we haven't yet published the pictures of the whole gold reserves is that we will have to make time to travel to Loomis to photograph it, and we will, as soon as the CEO of Auresco, the only person that has access to gold, has time for it.

9. Explain what the Xaurum Goldmine means (nobody really knows they all just answer what they speculate) and explain why you have removed it from the Xaurum.org page, do you want to hide this?
Xaurum Goldmine was the mining pool for mining xaurum, everyone from before the RICO knows about it, it is currently offline and the link has been removed until it will be live again.

10. I could go on forever really, but I'm getting ready to go to work right now. I urge the leadership to fix some of these problems, I don't even ask for everything to be fixed, but I assure you every problem you fix will in the long run each be worth 1 million extra in market cap.
We appreciate all the feedback, thank you.



News

Xaurum has been added to Decentrex, a decentralized cryptocurrency exchange for Ethereum tokens.

... sic manet gloria mundi.
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June 20, 2017, 09:36:26 AM

I personally do not need the picture of 120 kg gold to believe that there is gold. But for others it will be helpfull. Then milions of $ will be invested to xaurum.
gobbi
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June 20, 2017, 10:14:13 AM

Tnx Aurum project for your answers, you are doing an amazing job and you have great project to share with investors.Keep doing good job.

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June 20, 2017, 07:41:16 PM

Whaat again rank 75 they say that the only sky is the limit, but honestly it doesn't look that way  Undecided Undecided Undecided

omg seems it's sky again 11k price =)

and the  Wallet offline - Blockchain congestion detected  on bittrex

lame or smth?

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June 20, 2017, 08:58:33 PM

Whaat again rank 75 they say that the only sky is the limit, but honestly it doesn't look that way  Undecided Undecided Undecided

omg seems it's sky again 11k price =)

and the  Wallet offline - Blockchain congestion detected  on bittrex

lame or smth?


Hrbt can you tell me what this actually means: Wallet offline - Blockchain congestion detected
stefanson
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June 21, 2017, 12:37:51 AM

You can't move funds at the moment, there is an overflow of traffic on the ethereum network.
aioc
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June 21, 2017, 08:33:22 AM

You can't move funds at the moment, there is an overflow of traffic on the ethereum network.

Yes I agree it took 3 hours before my transactions confirmed I double sent the amount I thought there's a bug because balance was not changing at all ,just lucky that the guy whom I've sent the token acknowledge the funds and sent it back to my wallet

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Ad_veritam
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June 21, 2017, 04:52:59 PM


What you don't understand is that Nadir and Loomis don't care, Loomis doesn't care if the "gold" they hold is fake, they just have the obligation of keeping it safe and keeping documents that say a certain amount of gold (with no guarantee of authenticity) is available and stored. As for Nadir, the refinery is based in Istanbul, Turkey  Cheesy , (sarcasm) as we all know it is 100% incredibly easy (not) to sue over two different jurisdictions (sarcasm) Grin, let alone different countries. Since Xaurum/Auresco is based in Ljubljana, Slovenia in Europe and Nadir and Loomis are based separately in the middle east, specifically in Turkey (yes the gold is stored in Turkey, moment of silence please) it is almost impossible to sue from such far away. We are talking about suing from the middle east to central Europe, which would cost hundreds of thousands if not millions of dollars in legal fees from lawyers that can translate both laws of the different countries and international jurisdiction codes (not really in the best interest of both companies). But anyways, if you still trust this project so much put in all your life savings into it, and message me your bank statement screenshot. I am not bashing this project, I am simply stating some of the issues which must be fixed, I personally hold 1,000 Xaur (small), but by pointing out severe issues we can make this project better together, I believe it can really get to the top 20 currencies if the following is fixed.
1. Show some leadership around here, actual faces, there are tons of coins out there with faces (at least) of the development team, here we have nobody to really put our trust in other than "Auresco" which consists of a simple one page website with no faces of anyone nor names.
2. Better marketing, posts in social media shouldn't be have tons of punctuation that shouldn't be there stop with the "!!!", also better grammar.
3. Old social media accounts, it is obvious the "Xaurum team" has lost the password to these accounts, for example http://aurescoinstitute.tumblr.com/ which is filled with outdated nonsense. Also there should only be 1 social media account for every platform, there is 2 on twitter for Xaurum, one filled with nonsense in Latin, a dead language.
4. Dead links or irrelevant pages on Xaurum.org, go through your site, it only takes a second to fix!
5.  Explain to us why is there a Xaurum office https://pbs.twimg.com/media/C8AlIgzX0AA_wxO.jpg:large , when there is no document made with basic accounting principles stating the cost of this office nor a document stating the cost of the employees running the office. If they are simply Auresco Insitute volunteers, state why they would volunteer or what their interests are.
6. It doesn't make sense that the "Auresco Institute" is a nonprofit organization when its main objective is to raise the value of Xaurum and raise the quantity of gold in the Commonwealth, this indicates a for profit venture.
7. Mint images look like they were typed in a basic notepad software and screenshotted, no better ideas?
8. Why is there no images of the gold? Why do you need to put a google image on the XaurumOfficial twitter page when you can simply snap a photo of the physical gold you already have, is there a specific reason for this?
9. Explain what the Xaurum Goldmine means (nobody really knows they all just answer what they speculate) and explain why you have removed it from the Xaurum.org page, do you want to hide this?
10. I could go on forever really, but I'm getting ready to go to work right now. I urge the leadership to fix some of these problems, I don't even ask for everything to be fixed, but I assure you every problem you fix will in the long run each be worth 1 million extra in market cap.



I agree with everything. One would assume there is a team working on the marketing that includes mostly not so educated people who have this for a side-kick to earn extra money. But I still keep this project under radar.
Anarh
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June 21, 2017, 05:24:25 PM

Why you guys are in such need to be right? What is your interes? If you do not like what you see and understand run away and do not waste your energy. There are so many other possibilities on the market and you can find something that fits you.
WinterParker
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June 21, 2017, 10:16:19 PM

Is XAUR only trading at C-CEX?   Are we going up past 12k satoshis?
excell
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June 22, 2017, 12:21:32 AM

Thanks for your reply, just purchased 2,000 more XAUR.
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June 22, 2017, 12:57:03 AM

XAUR is also traded on Alcurex!
https://alcurex.com/#XAUR-BTC

Kovanec
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June 22, 2017, 10:41:49 AM

Xaurum is traded on 6 exchanges. Bittrex, Livecoin, C-CEX, Decentrex, alcurEX, HitBTC.
valov88
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June 22, 2017, 11:12:58 AM

Xaurum is traded on 6 exchanges. Bittrex, Livecoin, C-CEX, Decentrex, alcurEX, HitBTC.

Does the Bittrex really do the revision of every coin before they accept it?

Thank you

gobbi
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June 22, 2017, 11:41:52 AM

Good, we need more big exchganes and than more trading volume and the price will go up. I think xaurum foundation should be more active on social media, xaurum official fb page should be updated with new infos etc. we should have instangram page as well, for every project marketing is very important. Xaurum is great project with big potential for good price but team should be more active and share some updates. Xaurum should be present in other countries now we did great job in Slovenia but we are small, we need bigger markets and when investors will smell xaurum potential we will be all happy with result.

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passenger13
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June 22, 2017, 12:18:37 PM

Xaurum is traded on 6 exchanges. Bittrex, Livecoin, C-CEX, Decentrex, alcurEX, HitBTC.

Does the Bittrex really do the revision of every coin before they accept it?

Thank you
Xaurum really is traded on 6 markets. But except from Livecoin and Bittrex, 24h trading volume on other markets is almost 0. Little bit of advertising (intusive ads...) would be welcome.
WinterParker
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June 22, 2017, 09:38:02 PM

When is our next breakthrough in price?
andone3
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June 23, 2017, 08:42:32 AM

I see huge potential in Xaurum since marketing/promotion haven't even started actually. The Xaurum concept has been known to relatively small group of investors.

My personal opinion is that Xaurum team is addressing all the issues investors pointed out in the past. And before going globally the project needs to be tested well. That's probably why there is no aggressive marketing yet?




Kovanec
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June 23, 2017, 11:52:57 AM

I completelly agree with that. I believe we will a lot higher prices in the future.
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June 23, 2017, 12:17:19 PM

Looking at current market cap of 35 mio USD, market cap of 500 mio USD can be reached "easily" when going global (meaning price around 3.3 usd). Or my thinking is wrong in part mentioning 500 mio USD  Grin. At that time the project needs to be polished.

As for any investment higher return brings higher risk but I think the return/risk ratio is much more favorable for Xaurum when compared to  any other crypto currency. The time will tell  Grin
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