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Author Topic: Smart Gold is a gold-backed token.  (Read 49 times)
GameOverMachine
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March 09, 2018, 03:08:50 PM
 #1

With the introduction into our life of crypto-economics, more and more crypto-intuizators began to create their projects based on a new token, the value of which is supported by the value of the project. The more demanded the service of the project, the higher the cost of the token, as the demand for it constantly grows. Projects can solve a variety of tasks, from the sale of virtual gifts to carrying out operations within a very real cryptobank. But very often the token is the equivalent of some virtual value.
At all times, gold was the hardest and most liquid currency. It was appreciated in all cities and countries, regardless of the geopolitical situation in the world. And in times of financial crisis, gold is the most desirable means for preserving financial assets.
And now, during the next round of economic development with the advent of new crypto-economic trends, the introduction of blockchain technology and smart contracts into the market, the blocking asset SGT is based on real gold mining. The cost of 1 SGT token is 1 gram of gold 999.95 samples.
Smart Gold conducts crowdsdale to attract investments for the construction of a gold recovery plant and launch of gold-bearing concentrate production in Tanzania. The idea is to sell 1 000 000 STG tokens, the total value of which is equivalent to 1 ton of gold mined. The owner of the STG token automatically becomes the owner of the contract for the supply of 1 gram of gold. And gold can be obtained in physical form according to the mechanism defined in the White Paper project. Subject to the competent implementation of the idea, according to the calculations of the team, the project will pay off in less than 2 years. At the same time, the region's legislation provides for the absence of a profit tax in the first 5 years. This factor should have a very positive impact on the further development and scaling of the Smart Gold project, which is described in detail in the technical documentation. The delivery of precious metal under the contract is planned to be carried out in the period from 12.2018 - 03.2020.
Currently, the official website contains links to specific documents for the implementation of the project, these are contracts for the purchase of raw materials, licenses, contracts.

In my opinion Smart Gold is a very interesting project whose assets will be backed by gold.
It is noteworthy that the sale of tokens is conducted on the basis of a new, but already proven Universa platform, which should add confidence to investors in the Smart Gold project. Interested in this project, carefully study the strategy, technical documentation, the team. The decision to invest your money must be weighed.

Cost of 1 SGT = 18 USD

The timing of the main sale of SGT token may change, you can read them on the project website.
ftp://
Project advisors deserve special attention.

✅ Web-Site https://smartgold.so/

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2fresh
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March 09, 2018, 11:57:57 PM
 #2

With the introduction into our life of crypto-economics, more and more crypto-intuizators began to create their projects based on a new token, the value of which is supported by the value of the project. The more demanded the service of the project, the higher the cost of the token, as the demand for it constantly grows. Projects can solve a variety of tasks, from the sale of virtual gifts to carrying out operations within a very real cryptobank. But very often the token is the equivalent of some virtual value.
At all times, gold was the hardest and most liquid currency. It was appreciated in all cities and countries, regardless of the geopolitical situation in the world. And in times of financial crisis, gold is the most desirable means for preserving financial assets.
And now, during the next round of economic development with the advent of new crypto-economic trends, the introduction of blockchain technology and smart contracts into the market, the blocking asset SGT is based on real gold mining. The cost of 1 SGT token is 1 gram of gold 999.95 samples.
Smart Gold conducts crowdsdale to attract investments for the construction of a gold recovery plant and launch of gold-bearing concentrate production in Tanzania. The idea is to sell 1 000 000 STG tokens, the total value of which is equivalent to 1 ton of gold mined. The owner of the STG token automatically becomes the owner of the contract for the supply of 1 gram of gold. And gold can be obtained in physical form according to the mechanism defined in the White Paper project. Subject to the competent implementation of the idea, according to the calculations of the team, the project will pay off in less than 2 years. At the same time, the region's legislation provides for the absence of a profit tax in the first 5 years. This factor should have a very positive impact on the further development and scaling of the Smart Gold project, which is described in detail in the technical documentation. The delivery of precious metal under the contract is planned to be carried out in the period from 12.2018 - 03.2020.
Currently, the official website contains links to specific documents for the implementation of the project, these are contracts for the purchase of raw materials, licenses, contracts.

In my opinion Smart Gold is a very interesting project whose assets will be backed by gold.
It is noteworthy that the sale of tokens is conducted on the basis of a new, but already proven Universa platform, which should add confidence to investors in the Smart Gold project. Interested in this project, carefully study the strategy, technical documentation, the team. The decision to invest your money must be weighed.

Cost of 1 SGT = 18 USD

The timing of the main sale of SGT token may change, you can read them on the project website.
ftp://
Project advisors deserve special attention.

✅ Web-Site https://smartgold.so/



All gold backed coins and tokens I have seen so far have all failed.
Why not just trade the real thing.
warningsigns
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March 10, 2018, 04:15:00 AM
Merited by pinkflower (1)
 #3

Never invest on new unknown tokens on the strength of that token developer’s word alone. There is nothing that proves that there are actual and real gold reserves held by an independent precious metals custodian backing up this token. Such custodians must be certified, audited and legitimate escrow providers operating in a developed economy with verifiable credentials and escrowed assets.

The above is an example of a token to avoid. Anyone can come up with a token idea and introduce it as something lucrative by using sophisticated words and impressive roadmaps. It’s all part of the big con. Do not fall for it.

pinkflower
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March 10, 2018, 04:41:47 AM
 #4

Never invest on new unknown tokens on the strength of that token developer’s word alone. There is nothing that proves that there are actual and real gold reserves held by an independent precious metals custodian backing up this token. Such custodians must be certified, audited and legitimate escrow providers operating in a developed economy with verifiable credentials and escrowed assets.

The above is an example of a token to avoid. Anyone can come up with a token idea and introduce it as something lucrative by using sophisticated words and impressive roadmaps. It’s all part of the big con. Do not fall for it.

Yeah, and having an "X backed" token is counterintuitive of how cryptocurrencies should be. Bitcoin was invented so that we would ge able to trust no one in the network and be able to verify the transactions ourselves.

An "X backed" token is no better than Paypal where you must trust a website to hold your "X".
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