I recently found out about this SLVR alt coin which is set to IPO by the end of the month. Their website is slvrmine.com, I think it is very sketchy though as they said that their altcoin is backed by real silver. According to the website 1 token is equal to 16oz of silver. Sounds too good to be true. I also cant find their company registered in any jurisdiction. Anyone here can validate this altcoin?
It really looks like shitcoin just because:
1. Unknown jurisdiction;
2. ICO is ongoing but there is no information about already made contributions. It looks very shady...
3. Low support of community and bad marketing.