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Author Topic: [ANN] Xaurum [XAUR]  (Read 326523 times)
Mp777
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February 12, 2018, 10:56:20 PM
 #4201

I have a question for the team. I read that also Hong Kong is forcing exchanges to delist security tokens (what Xaurum without the doubt is). Securities are state regulated and you can not just come and sell them without permission of the state and strict regulations you have to follow. Now we have USA and HK passing such laws, who will follow?

Do you have some strategies how you will be able to keep the token on markets in case other countries follow with such regulations?

I see people bragging how Xaurum has "real value" and other tokens are just "thin air", and this has become a serious problem now. If such regulations will follow also in other states, I would rather have "thin air" that can be traided/sold than "real value" that can be only exchanged for gold (at 0.06€ I think).

Can we get some official answer please.
Thank you.
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EFENDI44
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February 13, 2018, 11:48:21 AM
 #4202

hi

Slowly but for sure i am loosing hope to get back what i invest.i bought
in november on highest possible price and from that time it is only going down.
The mint for 100g of gold in more than half year.Uffffff i dont know what to say.
I will be lucky if i got my invested money back with no lost.Finger cross Huh
XaurumQA
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February 13, 2018, 01:12:47 PM
 #4203


Where can I find more info about the "melting process" and who will pay all the fees? (insurance, shipping, administration etc.. ?)


Also wondering about the gold bars sizes.. since bigger gold bars (1kg) is valued around gold spot price and 1g gold bars way more expensive (50% +).

Who will pay all fee's when exchaning your 1kg bars to 1g shippable bars? From which country do you ship, do we need to pay tax,VA, duties etc?



Hello!

Xaurum can be according to the ratio exchanged for gold anytime, anywhere. Melting is the process of provably destroying XAUR and receiving the quantity of gold determined by xaurum ratio at the time of melting. Xaurum ratio is determined as the quantity of current gold reserves divided by the quantity of the current money supply. Melting becomes economically advantageous only when the market prices are below the value of gold. Melting serves as a mechanism of preserving value regardless of the market price.

All the gold reserves are stored at Loomis, except 6351 g in locally (at the moment Slovenia) for faster melting. The gold is prepaid as 1g 999.9 good delivery gold bars and stored as 1 kg or 0.5 kg bars, to decrease costs. Some additional costs will be required as Xaurum transaction fees (0.5 XAUR per transaction) and as costs for securing international transport, that depend on quantity and your location (you can preview the options and costs here). So we advise anyone to be sure to check your country's gold taxation and other regulation.

With opening of new markets and offices around the globe we are also making melting infrastructure more efficient, so that holders that will decide to melt, will be able to get gold delivered from the nearest Xaurum branch or even in person, if they live close by.

You can request a melt at this address:
https://xaurum.org/en/details/melt

Thank you.
XaurumQA
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February 13, 2018, 03:29:52 PM
Last edit: February 13, 2018, 03:44:57 PM by XaurumQA
 #4204

I have a question for the team. I read that also Hong Kong is forcing exchanges to delist security tokens (what Xaurum without the doubt is). Securities are state regulated and you can not just come and sell them without permission of the state and strict regulations you have to follow. Now we have USA and HK passing such laws, who will follow?

Do you have some strategies how you will be able to keep the token on markets in case other countries follow with such regulations?

I see people bragging how Xaurum has "real value" and other tokens are just "thin air", and this has become a serious problem now. If such regulations will follow also in other states, I would rather have "thin air" that can be traided/sold than "real value" that can be only exchanged for gold (at 0.06€ I think).

Can we get some official answer please.
Thank you.

Hello!

We are actively following all the regulation changes. However legislation in the field of cryptocurenncies  will be further developed and modified. Certain exchanges follow and even take various measures themselves on the basis of only the envisaged changes in legislation. Otherwise, there are different parameters for determining whether a particular item falls under security, but there are no exact legal provisions.

The Howey Test is one of the most important tests that is widely used to determine whether tokens qualify as securities. It was introduced in 1946 in the U.S. Supreme Court case of SEC v. W.J. Howey Co., 328 U.S. 293 (1946) as “a contract, transaction, or scheme whereby a person invests his money in
a common enterprise and is led to expect profits solely from the efforts of the promoter or a third party.” The form of contract was found to be immaterial so long as the investment met the test criteria. Over the years, various courts broadened application of the test interpreting it wider and wider. Today, the Howey Test includes the following definitive prongs all of which have to be present to satisfy the test for securities:

- An investment of money, which is broadly defined and includes any consideration with value
- Into the common enterprise, which is further defined by different courts as a vertical and/or horizontal commonality of risks and profits among investors in some proportion
- With the expectation of profits, which is also broadly defined as any form of capital appreciation, cash return on investment or other earnings such as dividends and interest
- Solely from the efforts of the promoter or a third party, whose actions must play a significant role in the success of the business.

Based on this test almost every cryptocurrency (including Bitcoin) can be defined as  security or the same parameters can be used to prove the opposite, depends on the quality of your legal representatives ;-)

That said, even if some projects and tokens will be fairly or unfairly marked as securities there will always be exchanges that will enable trading with them.
Aurum Project
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February 13, 2018, 04:19:30 PM
Last edit: February 14, 2018, 02:25:35 PM by Aurum Project
 #4205

WELCOME TO XAURUM’S OFFICE IN PORTUGAL



We are glad to announce that Xaurum is successfully conquering new lands and develops its infrastructure abroad. Following the expansion plans set in the end of 2017 Mastrnode’s team has opened an office in Lisbon, the capital of Portugal. Leading man behind this expansion is experienced businessman and international business consultant Fábio Sócrates.

You will find the office on this address:

Av. do Atlântico Nº16 13.01
1990-019 Lisbon
PORTUGAL

You can check the video of the office here:
https://www.facebook.com/xaurumofficial/videos/1171074586362703/




You can follow us on:
Twitter: https://twitter.com/XaurumOfficial
Facebook: https://www.facebook.com/xaurumofficial/
Instagram: https://www.instagram.com/xaurumofficial/
Medium: https://medium.com/@xaurumofficial


... sic manet gloria mundi.
strongstorm
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February 13, 2018, 06:45:17 PM
 #4206

I have a question for the team. I read that also Hong Kong is forcing exchanges to delist security tokens (what Xaurum without the doubt is). Securities are state regulated and you can not just come and sell them without permission of the state and strict regulations you have to follow. Now we have USA and HK passing such laws, who will follow?

Do you have some strategies how you will be able to keep the token on markets in case other countries follow with such regulations?

I see people bragging how Xaurum has "real value" and other tokens are just "thin air", and this has become a serious problem now. If such regulations will follow also in other states, I would rather have "thin air" that can be traided/sold than "real value" that can be only exchanged for gold (at 0.06€ I think).

Can we get some official answer please.
Thank you.

Hello!

We are actively following all the regulation changes. However legislation in the field of cryptocurenncies  will be further developed and modified. Certain exchanges follow and even take various measures themselves on the basis of only the envisaged changes in legislation. Otherwise, there are different parameters for determining whether a particular item falls under security, but there are no exact legal provisions.

The Howey Test is one of the most important tests that is widely used to determine whether tokens qualify as securities. It was introduced in 1946 in the U.S. Supreme Court case of SEC v. W.J. Howey Co., 328 U.S. 293 (1946) as “a contract, transaction, or scheme whereby a person invests his money in
a common enterprise and is led to expect profits solely from the efforts of the promoter or a third party.” The form of contract was found to be immaterial so long as the investment met the test criteria. Over the years, various courts broadened application of the test interpreting it wider and wider. Today, the Howey Test includes the following definitive prongs all of which have to be present to satisfy the test for securities:

- An investment of money, which is broadly defined and includes any consideration with value
- Into the common enterprise, which is further defined by different courts as a vertical and/or horizontal commonality of risks and profits among investors in some proportion
- With the expectation of profits, which is also broadly defined as any form of capital appreciation, cash return on investment or other earnings such as dividends and interest
- Solely from the efforts of the promoter or a third party, whose actions must play a significant role in the success of the business.

Based on this test almost every cryptocurrency (including Bitcoin) can be defined as  security or the same parameters can be used to prove the opposite, depends on the quality of your legal representatives ;-)

That said, even if some projects and tokens will be fairly or unfairly marked as securities there will always be exchanges that will enable trading with them.


I will just leave this here: https://imgur.com/a/70RD5

This picture is just symbolic picture but it represents a real state...
Neo.Prometheus
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February 13, 2018, 08:43:17 PM
 #4207

It's interesting. I will watch this thing carefully in the future. The future of crypto hold many interesting things for all of us, hard to believe, but it may be big and good.
TamDen
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February 14, 2018, 08:50:59 AM
 #4208

https://www.reddit.com/r/xaurum/comments/7xamy5/earn_some_free_xaurum/

S C A M!!!
ceca
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February 14, 2018, 02:13:16 PM
 #4209

All coins are rising, bitcoin, eth, time for xaurum to push the price up!!!Let´s move price to 0,25 $$$$
eXtAtUtoR
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February 14, 2018, 02:30:42 PM
 #4210

XAUR wallet?
POOL?

Xaurum is an ERC20 token. Goldmine is in development. It will be a pool for mining XAUR.

any news on the Goldmine? Would love to mine XAUR..

Goldmine is in development. We plan to be finished the latest on Q3 2018.

Great, eXtatUtor are you in charge of goldmine?Could you give some details how everything will work?Iam very excited about goldmine.

Goldmine will be a pool for mining XAUR. Miners will mine other cryptocurrencies which will be sold immediately on the market, new gold will be bought and miners will receive freshly minted XAUR. We can talk about Goldmine as another source of gold income for Xaurum project.
gobbi
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February 15, 2018, 07:06:26 AM
 #4211

Goldmine is in development. We plan to be finished the latest on Q3 2018.
[/quote]

Great, eXtatUtor are you in charge of goldmine?Could you give some details how everything will work?Iam very excited about goldmine.
[/quote]

Goldmine will be a pool for mining XAUR. Miners will mine other cryptocurrencies which will be sold immediately on the market, new gold will be bought and miners will receive freshly minted XAUR. We can talk about Goldmine as another source of gold income for Xaurum project.
[/quote]

Thank you for your answers.
TamDen
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February 15, 2018, 09:04:56 AM
 #4212

Guys any news? What is going on?
Why is the price still so low?
Aurum Project
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February 15, 2018, 03:40:41 PM
 #4213


Xaurum.pro app launch

Masternode team released Xaurum app that will enable easier and faster registration of new Xaurum buyers. In the first stage application will be used only by exclusive sales representatives, so they will be equipped with a tool that provides KYC and AML protocols on the go.

In that way Masternode team ensured an environmental friendly business policy, leaving less paper trail behind and greater efficiency.

For now, sales representatives can use the app on androides, iOS version is still in development. We are in the middle of the proces of registering the app in GooglePlay and App store. In the next stage app will be offered to general public interested in registering. 






You can follow us on:
Twitter: https://twitter.com/XaurumOfficial
Facebook: https://www.facebook.com/xaurumofficial/
Instagram: https://www.instagram.com/xaurumofficial/
Medium: https://medium.com/@xaurumofficial
Youtube: https://www.youtube.com/channel/UC9-mQ9rGO1102l9qapbPISA





... sic manet gloria mundi.
EFENDI44
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February 15, 2018, 04:15:54 PM
 #4214

Hi

Question for the team.Very nice that ywe can see that you
work realy hard on all kind of projects.But what do you think
what is going on with price.At the end we all work for money
and here is question all the time, when we can expect higher
numbers.

br, keep up good working
ceca
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February 15, 2018, 05:11:47 PM
 #4215

Hi

Question for the team.Very nice that ywe can see that you
work realy hard on all kind of projects.But what do you think
what is going on with price.At the end we all work for money
and here is question all the time, when we can expect higher
numbers.

br, keep up good working

Good point price is very low, and no new gold added to the commonwealth. Team maybe time to change some tactis?
Makleyhill
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QUUBE — First&Only Quantum Resistant Ecosystem


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February 15, 2018, 07:24:40 PM
 #4216

Xaurum.pro App Launch

Masternode team released Xaurum app that will enable easier and faster registration of new Xaurum buyers. In the first stage application will be used only by exclusive sales representatives, so they will be equipped with a tool that provides KYC and AML protocols on the go.
https://medium.com/@xaurumofficial/xaurum-pro-app-launch-e76292716a5a




┈┈┈┈┈ QUUBE ┈┈┈┈┈
First & Only Quantum Resistant Ecosystem
┈┈┈┈┈ MEDIUMTWITTERTELEGRAM ┈┈┈┈┈
Golden_Node
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February 15, 2018, 07:39:51 PM
Last edit: February 16, 2018, 10:40:53 AM by Golden_Node
 #4217

Hi

Question for the team.Very nice that ywe can see that you
work realy hard on all kind of projects.But what do you think
what is going on with price.At the end we all work for money
and here is question all the time, when we can expect higher
numbers.

br, keep up good working

Good point price is very low, and no new gold added to the commonwealth. Team maybe time to change some tactis?

Hello!

We are glad that our time and work invested is finally showing some results. And more is to come. Approximately 95% of all funds that were minted so far came from Slovenia, and in last months our sales teams under the lead of Masternode Golden Node were focused on the foreign markets. We encountered difficulties especially concerning the FIAT transfers, and we managed to overcome and resolve quite few of them.  On the other hand,  team of Auresco Institute was able to deliver great number of announced projects although there was some skepticism in the general public, and they proved that they are not resting on the laurels. We believe that our hard work will also pay off shortly and the results of our invested energy and time will affect the market price in a positive way.

Masternode Team Golden Node


EFENDI44
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February 16, 2018, 07:06:11 AM
 #4218

Hi

Thank you team for the answer.I am happy that finaly
you respond on our questions here.So the feeling is positive
that we are together in this xaur project.I realy belive in
future of this model and i belive in near future we will
show realy good result.Keep up good work team.We are
here to support you and make some profits of course.

br
zapo18
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February 16, 2018, 10:28:40 AM
 #4219

https://coinmarketcap.com/currencies/xaurum/

0,11 $

very nice job , your work finally pays off Smiley  congratulations lol
BrandenC
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February 16, 2018, 10:34:09 AM
 #4220

https://coinmarketcap.com/currencies/xaurum/

0,11 $

very nice job , your work finally pays off Smiley  congratulations lol

lol
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