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Author Topic: [ANN] Xaurum [XAUR]  (Read 227000 times)
bigs21024
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August 17, 2016, 08:11:27 PM
 #581

Hello,
While we're waiting for the exchanges to list us, we've once again visited Nadir and Loomis to finish the details of the protocol that Loomis and Nadir require for Xaurum gold reserves. More information on this will be posted with the official account.

The visit was fantastic and the transfer of gold was done in the most professional manner. I was really glad to find that many of the people we're doing buisness with, are starting to know what Xaurum is. They have a phrase; Bitcoin, but with gold.
I follow the what's happening with a lot of gold related buisnesses, be it financial funds or state reserves, and find that they don't show their reserves very often, the customers never get to see their gold.
I'm posting with my private account, because I've used a smartphone to photograph and the photography isn't professional, we didn't have a photographer with us, but I don't have the heart not to show you part of your gold reserves, while there was the opportunity. So here are some pictures from our business trip:

The Loomis building, containing their offices. Below the building are the vaults, in which we have transfered the gold from Nadir and had a look around.


To enter the vault area, we had to scan our fingerprints.


Your gold, each of the kilogram bars represents 1000 of 1g 9.999 Good Delivery Nadir gold bars. As per our arranged protocol, we're storing them in kg bars, and can exchange them for the 1g bars at any time, as we have already paid for the more expensive 1g bars.




Serial number of kg bars:
H05504-H05518
H05526-H05535




   Looks great, thank you!  Grin Cool Wink
so you have 25,000 grams of gold

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August 17, 2016, 08:15:47 PM
 #582

no, actually there is nearly 33.000 grams of gold, read carefully. and they don't have the gold. They are just taking care of it, people who own XAURUM have those gold bars.
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August 17, 2016, 09:24:53 PM
 #583

for sell 9500 xaur for 0.75 btc pm

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August 17, 2016, 09:28:25 PM
 #584

for sell 9500 xaur for 0.75 btc pm

go to here https://bitcointalk.org/index.php?topic=1586016.0
to sell your xaur there.
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August 18, 2016, 07:03:42 AM
 #585

Any news on listing on exchanges?
BR

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August 18, 2016, 07:08:31 AM
 #586

sorry if i missed this information but how many XAU is equivalent to 1gold bar? is it possible to exchange xau to gold bar?

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kaicrypzen
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August 18, 2016, 07:50:58 AM
 #587

sorry if i missed this information but how many XAU is equivalent to 1gold bar? is it possible to exchange xau to gold bar?

The gold base of XAU (the old) was/is 2.26g. I don't know if that was affected by the RICO ...
The gold base of XAUR (the new) is 0.00039864737g.

Well if 1 gold bar is 1kg then you need 1000/2.26 = 442.47787610 XAU or 1000/0.00039864737 = 2508482.62212290 XAUR.

You surely can exchange XAU or XAUR for their gold base, however, given the fact that XAU/XAUR price is way higher than its gold base value, it may be better to sell it or hold it Wink.


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doktor1897
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August 18, 2016, 08:04:34 AM
 #588

yes Price XAU / XAUR much higher than the base value of gold , it may be better to hold it and wait for prices according to interests! Grin

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August 18, 2016, 08:38:05 AM
 #589

sorry if i missed this information but how many XAU is equivalent to 1gold bar? is it possible to exchange xau to gold bar?

The gold base of XAU (the old) was/is 2.26g. I don't know if that was affected by the RICO ...
The gold base of XAUR (the new) is 0.00039864737g.

Well if 1 gold bar is 1kg then you need 1000/2.26 = 442.47787610 XAU or 1000/0.00039864737 = 2508482.62212290 XAUR.

You surely can exchange XAU or XAUR for their gold base, however, given the fact that XAU/XAUR price is way higher than its gold base value, it may be better to sell it or hold it Wink.



Yes, you're right. Holding for long time add more waitage in gold for sure. You can sell it at higher price or exchange for higher amount of gold later.

Maloppo
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August 18, 2016, 12:44:53 PM
 #590

any news about an exchanges?
when and where xaur will be listed ?
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August 18, 2016, 01:14:28 PM
 #591

sorry if i missed this information but how many XAU is equivalent to 1gold bar? is it possible to exchange xau to gold bar?

The gold base of XAU (the old) was/is 2.26g. I don't know if that was affected by the RICO ...
The gold base of XAUR (the new) is 0.00039864737g.

Well if 1 gold bar is 1kg then you need 1000/2.26 = 442.47787610 XAU or 1000/0.00039864737 = 2508482.62212290 XAUR.

You surely can exchange XAU or XAUR for their gold base, however, given the fact that XAU/XAUR price is way higher than its gold base value, it may be better to sell it or hold it Wink.



Yes, you're right. Holding for long time add more waitage in gold for sure. You can sell it at higher price or exchange for higher amount of gold later.

The gold value will rise quicker if the price on the exchange is higher. I'm keeping my XAUR.

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August 18, 2016, 01:25:07 PM
 #592

Some information regarding our organization of gold reserves, specifically the arrangement between Xaurum, Nadir and Loomis:

The gold bars we're buying from Nadir are 1 Gram Fine Gold Bullion Bar 999.9 Nadir Gold Lbma cards, that are more expensive than larger quantities. To store our gold reserves made up of 1g cards, we've arranged so that Loomis stores the gold in kilogram bars in order to cut storage costs. When we need the gold, we simply ship the kilogram bars back to Nadir, and they provide us with the 1g gold bars in a short period of time. The Loomis digital open account, where everyone will be able to verify the quantity of Loomis stored part of gold reserves, will be availiable this week. The rest of gold reserves, exactly 7371 of 1 Gram Fine Gold Bullion Bar 999.9 Nadir Gold Lbma cards are stored in Slovenia, in the vaults of banks A banka and Gorenjska banka. This 7371 grams are in Slovenia for faster melting procedure. We hope this additional steps for transparency will make exchanges more willing to list us.

We have contacted Bittrex with the required gold compliance information, and hope to be listed on their exchange soon.


Nice. Just waiting for XAUR to be added to exchanges. XAU in c-cex has skyrocketed recently as well.



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August 18, 2016, 01:35:16 PM
 #593

Keep Patient waiting Xaurum listed in exchanges,,I see many people asked about when is Xaurum will be get on exchanges.and me actually Cheesy But im pretty sure is The Dev still working hard there for build this Xaurum and make Xaurum will be great in the future

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August 18, 2016, 03:34:41 PM
 #594

 any update on listing on exchanges


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klarki
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August 18, 2016, 05:43:56 PM
 #595

When Xaur will come to the exchange?
Indicative dates for?

.
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Aurum Project
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August 18, 2016, 06:28:15 PM
 #596

A quick update

While we're nearing the end of our transition, we've updated our website to match the current information, to conclude it, we're all waiting for the listing on exchanges so we can update the coinmarketcap data, and Xaurum can really begin in its new phase.

Regarding the much anticipated exchanges; C-CEX listing is confirmed and will presumably happen sometime before sunday, this will include a swap between the existing XAU to XAUR on their platform. Bittrex is now doing their internal review of our project and will decide wheter to list us on that basis, we're confident this will be the case.

... sic manet gloria mundi.
emersonlogan62
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August 18, 2016, 06:36:42 PM
 #597

A quick update

While we're nearing the end of our transition, we've updated our website to match the current information, to conclude it, we're all waiting for the listing on exchanges so we can update the coinmarketcap data, and Xaurum can really begin in its new phase.

Regarding the much anticipated exchanges; C-CEX listing is confirmed and will presumably happen sometime before sunday, this will include a swap between the existing XAU to XAUR on their platform. Bittrex is now doing their internal review of our project and will decide wheter to list us on that basis, we're confident this will be the case.
Great news, looking forward for c-cex listing

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August 18, 2016, 06:44:39 PM
 #598

Thanks for this update, it seems there has been information gap between Xaurum team and the investors recently, surely this news is sweet and I hope Bittrex add Xaurum because I don't see much difference between Xaurum token and DigixDao, they are both Gold backed token and also on thesame Ethereum platform.


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Apriand
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August 18, 2016, 07:15:28 PM
 #599

A quick update

While we're nearing the end of our transition, we've updated our website to match the current information, to conclude it, we're all waiting for the listing on exchanges so we can update the coinmarketcap data, and Xaurum can really begin in its new phase.

Regarding the much anticipated exchanges; C-CEX listing is confirmed and will presumably happen sometime before sunday, this will include a swap between the existing XAU to XAUR on their platform. Bittrex is now doing their internal review of our project and will decide wheter to list us on that basis, we're confident this will be the case.

Thanks for update, cant wait XAURUM on the exchange. And hope bittrex will listed XAURUM soon.

Thanks and good luck dev

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kaicrypzen
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August 18, 2016, 07:23:51 PM
 #600

I don't see much difference between Xaurum token and DigixDao, they are both Gold backed token and also on thesame Ethereum platform.

One main difference is that DigixDao is a digital representation of a physical asset (gold), the quantity of gold it represents will never increase, whereas Xaurum's base gold quantity is meant to increase with the use and coinage of Xaurum.

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