[ANN] Xaurum [XAUR]

[batfink68]

"we are buying a physical gold to backing all exsisting Xaurums...and than normaly gold backing pushing the price up."

No, there isn't an automatic equalizer- there have been times when there has been a three cent difference between xaur price on exchanges and xaur production price. Also, the price on c-cex is sometimes 3 cents lower than the highest exchange.

With these 3 cent differences it's only a matter of time before a program is made to buy xaur from the cheapest exchange in order to sell on a different exchange and that creates artificial trade volumes- you can't claim the marketing is working when machines are doing the buying and selling.

I'd like the dev's to enquire as to who is buying xaur right now so that if required, an alteration can be made in order to steer in the right direction.

[zrjawkn]

there are some other crypto that also said to be backed by gold but XAURUM is different, it is one of those stable coins today, there are some dumping and pumping but still the path is upward and stable.

that's the difference of this project even we see downfall there's still a lots of support which is buying the coin back to its value
community is not letting the big drop down still allowing the project move slowly but surely to meet the progress and sole
purpose of why its been created, gold and xaurum combined.

That s wright....but you will see next months it not gona move slowly any more.

What is Xaurum devs, funs, active community thinking....we don t like to pumping the price up...we are making the Xaurum gold backing higher and higher....

There gona be more and more coins burning in the future not just because of transaction fee...but from new projects in xaurum concept.

So the only way is gold backing up per each Xaurum...the price will be a result of that...

[megashira1]

I feel the last 2 mints have gone relatively unappreciated.

Mint 18

Gold increased: 8927.761467889915  g
Xaurum issued: 5737991.357415545  XAUR
Xaurum Ratio: 0.0005704672756172883
1 g can be melted for: 1752.9489293104941  XAUR
Total Xaurum money supply: 98563459.57706025 XAUR
Total Xaurum gold reserves: 56227.22826034028 g

Gold dividend total:  6003.96 g
Gold dividend per 1000 XAUR:  0.0609 g
Percent of dividend: 10.6%

Mint 19

Gold increased: 10160.8971962617  g
Xaurum issued: 5436349.875157679  XAUR
Xaurum Ratio: 0.0006383495271585252
1 g can be melted for: 1566.5398930446202  XAUR
Total Xaurum money supply: 103999646.952218 XAUR
Total Xaurum gold reserves: 66388.12545660192 g

Gold dividend total:  7059.74 g
Gold dividend per 1000 XAUR:  0.0679 g
Percent of dividend: 10.6 %

The last 2 mints added over 19kilos of gold to our Xaurum reserves.



That's over $770kUSD worth of new value backing the Xaurum currency!

[zrjawkn]

I feel the last 2 mints have gone relatively unappreciated.

Mint 18

Gold increased: 8927.761467889915  g
Xaurum issued: 5737991.357415545  XAUR
Xaurum Ratio: 0.0005704672756172883
1 g can be melted for: 1752.9489293104941  XAUR
Total Xaurum money supply: 98563459.57706025 XAUR
Total Xaurum gold reserves: 56227.22826034028 g

Gold dividend total:  6003.96 g
Gold dividend per 1000 XAUR:  0.0609 g
Percent of dividend: 10.6%

Mint 19

Gold increased: 10160.8971962617  g
Xaurum issued: 5436349.875157679  XAUR
Xaurum Ratio: 0.0006383495271585252
1 g can be melted for: 1566.5398930446202  XAUR
Total Xaurum money supply: 103999646.952218 XAUR
Total Xaurum gold reserves: 66388.12545660192 g

Gold dividend total:  7059.74 g
Gold dividend per 1000 XAUR:  0.0679 g
Percent of dividend: 10.6 %

The last 2 mints added over 19kilos of gold to our Xaurum reserves.



That's over $770kUSD worth of new value backing the Xaurum currency!

The world have a gold standard again, yeee✔✔✔ #Xaurum

[megashira1]

Also, perhaps Xaurum can look at becoming one of the ERC20 tokens to be supported by the new Tokencard VISA.

http://tokencard.io/

Enhancing Every Token  TokenCard allows you to spend ERC20 tokens at VISA® terminals around the world. This is revolutionary: you can buy groceries in DGX, ETH, DAI XAUR or any other ERC20 token. You can even spend multiple tokens in a single transaction, and even autonomously maintain a desired portfolio allocation within your Contract Wallet while you do it.

Increased liquidity = Increased transaction fees being burnt = Increased gold reserves per XAUR = instant rebate on our purchases with XAUR!

It truly would be liquid gold!

[nmrcngrb]

Also, perhaps Xaurum can look at becoming one of the ERC20 tokens to be supported by the new Tokencard VISA.

http://tokencard.io/

Enhancing Every Token  TokenCard allows you to spend ERC20 tokens at VISA® terminals around the world. This is revolutionary: you can buy groceries in DGX, ETH, DAI XAUR or any other ERC20 token. You can even spend multiple tokens in a single transaction, and even autonomously maintain a desired portfolio allocation within your Contract Wallet while you do it.

Increased liquidity = Increased transaction fees being burnt = Increased gold reserves per XAUR = instant rebate on our purchases with XAUR!

It truly would be liquid gold!

Will this card support all tokens or devs must do something for the card to support it?

[zrjawkn]

Also, perhaps Xaurum can look at becoming one of the ERC20 tokens to be supported by the new Tokencard VISA.

http://tokencard.io/

Enhancing Every Token  TokenCard allows you to spend ERC20 tokens at VISA® terminals around the world. This is revolutionary: you can buy groceries in DGX, ETH, DAI XAUR or any other ERC20 token. You can even spend multiple tokens in a single transaction, and even autonomously maintain a desired portfolio allocation within your Contract Wallet while you do it.

Increased liquidity = Increased transaction fees being burnt = Increased gold reserves per XAUR = instant rebate on our purchases with XAUR!

It truly would be liquid gold!

One step closer to become more friendly to all users.

#greatJOB

#XaurumFORallpeopleAROUNDtheWORD

[Bagwell]

I feel the last 2 mints have gone relatively unappreciated.

Mint 18

Gold increased: 8927.761467889915  g
Xaurum issued: 5737991.357415545  XAUR
Xaurum Ratio: 0.0005704672756172883
1 g can be melted for: 1752.9489293104941  XAUR
Total Xaurum money supply: 98563459.57706025 XAUR
Total Xaurum gold reserves: 56227.22826034028 g

Gold dividend total:  6003.96 g
Gold dividend per 1000 XAUR:  0.0609 g
Percent of dividend: 10.6%

Mint 19

Gold increased: 10160.8971962617  g
Xaurum issued: 5436349.875157679  XAUR
Xaurum Ratio: 0.0006383495271585252
1 g can be melted for: 1566.5398930446202  XAUR
Total Xaurum money supply: 103999646.952218 XAUR
Total Xaurum gold reserves: 66388.12545660192 g

Gold dividend total:  7059.74 g
Gold dividend per 1000 XAUR:  0.0679 g
Percent of dividend: 10.6 %

The last 2 mints added over 19kilos of gold to our Xaurum reserves.



That's over $770kUSD worth of new value backing the Xaurum currency!

The world have a gold standard again, yeee✔✔✔ #Xaurum

That's awesome..

Best coin I ever seen! 

[wwzsocki]

Please explain this coin in simple language.
Who owns stored gold  How it is with mining  Why price dropped if there is so much gold in reserve
 
I am reading all available info on website and forum about this project but simple explanation would be nice  

[Borut]

I made a research for my case. I bought XAUR approx. 1 year ago. If I now melt these XAUR for 1g gold bars and sell the gold (36.5EUR per 1g bar at local dealer), I will get more money than I invested 1 year ago. And the gold base behind XAUR can only get bigger. This means that the only possibility to lose my money is a big crash in gold price, which is very unlikely.
Of course, melting is the worst-case scenario as selling the XAUR on the market is currently much more profitable than melting it.
What I am trying to say is that buying XAUR was a great investment. 

[FandangledGizmo]

What is the current total dollar value of the gold currently backing your $18 million CAP.

I'm trying to ascertain if XAUR will be able to maintain something close to its current value even during a significant BTC correction. Thanks

[megashira1]

What is the current total dollar value of the gold currently backing your $18 million CAP.

I'm trying to ascertain if XAUR will be able to maintain something close to its current value even during a significant BTC correction. Thanks

Total Xaurum gold reserves: 66388.12545660192 g

$2632284.2usd

[FandangledGizmo]

What is the current total dollar value of the gold currently backing your $18 million CAP.

I'm trying to ascertain if XAUR will be able to maintain something close to its current value even during a significant BTC correction. Thanks

Total Xaurum gold reserves: 66388.12545660192 g

$2632284.2usd

Thanks, looks like a good project and it held up very well in the latest BTC rise. However given the gap between gold holdings and the current valuation it seems it could also fall significantly albeit by less than other alts (with nothing backing them) in a big market correction.

[Puhi]

What is the current total dollar value of the gold currently backing your $18 million CAP.

I'm trying to ascertain if XAUR will be able to maintain something close to its current value even during a significant BTC correction. Thanks

Total Xaurum gold reserves: 66388.12545660192 g

$2632284.2usd

1g gold bar can never be valued the spot gold price. 1g gold bar is always more expensive.
All Xaurum gold is nominated in 1g 999,9 LBMA gold bars.

take a look at ebay prices: http://www.ebay.com/sch/i.html?_from=R40&_trksid=p2050601.m570.l1313.TR0.TRC0.H0.X1g+gold+bar.TRS0&_nkw=1g+gold+bar&_sacat=0

[zrjawkn]

Please explain this coin in simple language.
Who owns stored gold  How it is with mining  Why price dropped if there is so much gold in reserve
 
I am reading all available info on website and forum about this project but simple explanation would be nice  

Take a look what happened from March 2015 to May 2017 with  Xaurum. Watch the INFLATION vs. GROWING GOLD RESERVES.

http://imgur.com/a/Cn3Ng

[Aurum Project]

The new gold reserves from Mint 18, have already arrived at our storage in Loomis.
The additional gold from Mint 19 will be transported there in one week and visible to everyone on our account.
As you know, all the gold reserves are bought and delivered to users in case of melt as 1g bars of gold, and stored as 1 kg bars to save our costs of storage.
Be sure to subscribe to our mailing list and help us audit the Xaurum commonwealth gold reserves.

Here are some pictures of the new reserves and the order:

[Topknotbam]

The new gold reserves from Mint 18, have already arrived at our storage in Loomis.
The additional gold from Mint 19 will be transported there in one week and visible to everyone on our account.
As you know, all the gold reserves are bought and delivered to users in case of melt as 1g bars of gold, and stored as 1 kg bars to save our costs of storage.

Dev , This is great news)))

[nmrcngrb]

Please explain this coin in simple language.
Who owns stored gold  How it is with mining  Why price dropped if there is so much gold in reserve
 
I am reading all available info on website and forum about this project but simple explanation would be nice  

Take a look what happened from March 2015 to May 2017 with  Xaurum. Watch the INFLATION vs. GROWING GOLD RESERVES.

very nice summary

Really Woow
Great explanation of where this thing is going
Top!

[ampco]

Please explain this coin in simple language.
Who owns stored gold  How it is with mining  Why price dropped if there is so much gold in reserve
 
I am reading all available info on website and forum about this project but simple explanation would be nice  

Take a look what happened from March 2015 to May 2017 with  Xaurum. Watch the INFLATION vs. GROWING GOLD RESERVES.

https://i.imgur.com/ilXZv16.jpg

very nice summary

Thanks for an excellent explanation. Very interesting calculation.

[valov88]

The new gold reserves from Mint 18, have already arrived at our storage in Loomis.
The additional gold from Mint 19 will be transported there in one week and visible to everyone on our account.
As you know, all the gold reserves are bought and delivered to users in case of melt as 1g bars of gold, and stored as 1 kg bars to save our costs of storage.
Be sure to subscribe to our mailing list and help us audit the Xaurum commonwealth gold reserves.

Here are some pictures of the new reserves and the order:

Wow..great informations-good for xaurum transparency
I am very happy that I have invested