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Author Topic: [ANN] Pyrrhos Gold (PGOLD) - The Crypto Currency Backed By Gold  (Read 283 times)
block_zebra
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January 13, 2020, 08:49:10 PM
 #1





Pyrrhos Gold token is a new era digital asset classified as stablecoin and backed by real gold bars stored in secure and auditable vault storage. The token is based on Ethereum blockchain (ERC-20 standard), so transparency, privacy, security, and stability is exactly what we offer to the crypto community and precious metals investors.

1,000 Pyrrhos Gold in exchange will be backed by 1 gram certified gold of 999.9 purity and will be exchangeable for Gold globally if you wish to.
Pyrrhos Gold token is issued and operated by Pyrrhos Trust Company incorporated in Germany. Our team consists of a highly skilled and experienced group of experts in finance, banking, legal, wealth management,

IT AND BLOCKCHAIN INDUSTRY

The company's mission is to build a highly liquid, easy to use and stable digital asset on the Ethereum ecosystem backed by physical gold (where 1000 PGOLD token equals 1 gram of physical gold). We intend to become an all-in-one solution that enables investors to hedge against market volatility, make free of charge instant payments and private investments in precious metals.

Our company is dedicated to following a Fiat-less business model. Pyrrhos Gold works with cryptocurrencies and gold assets only while avoiding fiat currencies such as USD or EUR altogether. This enables us to minimize risks, expenses, keep down commissions and provide bullet-proof liquidity and storage solutions to PYR token holders.

SECURITY PRECAUTIONS

In the process of Pyrrhos Gold implementation, we have obtained professional advice from industry experts in legal, technology and finance fields. Our team has taken unprecedented security measures in the development of smart-contract after several stages of deep testing.

Smart-contract was created by the world-famous company that developed over 100 products in the blockchain and trading platforms sector.
Access to smart-contract management is available only to qualified Pyrrhos Gold top management team members. In any case, an open and transparent control through blockchain allows each client to ensure that 100% of PGOLD tokens in circulation are backed by physical gold. Additional emission of PGOLD tokens without sufficient value of gold bullion in vault storage is impossible.

More




Contact us:
Website: https://backed-by-gold.com
Email: contact@backed-by-gold.com
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January 13, 2020, 09:30:47 PM
 #2

Gold is good, but why do I need a token secured with gold? Does your project have a technological breakthrough or know-how? I think no. As a result, the cost of the token will increase several times? I think no.

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January 14, 2020, 06:59:33 AM
 #3

Gold is good, but why do I need a token secured with gold? Does your project have a technological breakthrough or know-how? I think no. As a result, the cost of the token will increase several times? I think no.

I think that will make the token value-able... you can redeem the real gold if you don't want to trade the token anymore!

So this project just make the digital gold trading decentralized ?

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January 14, 2020, 09:57:35 AM
 #4

Gold is good, but why do I need a token secured with gold? Does your project have a technological breakthrough or know-how? I think no. As a result, the cost of the token will increase several times? I think no.

I think that will make the token value-able... you can redeem the real imaginary gold if you don't want to trade the token anymore!


Fixed it for you.
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January 14, 2020, 04:53:24 PM
 #5

They been caught in using plagiarize content in their whitepaper, So nothing else to see here and i highly doubt anyone in their right mind will invest in this half baked project.

 
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January 15, 2020, 05:08:26 AM
 #6

If you're planning to invest into this project ! Stay away from it!

There's an accusation to this coin https://bitcointalk.org/index.php?topic=5217356.0
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January 15, 2020, 08:18:33 AM
 #7

Aside from that, their Co-Founder linkedin profile has only 7 connections without photo? Something shady here. Just fresh account created for this project? Does he have any other profile aside from linkedin?


 
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January 15, 2020, 09:54:59 AM
 #8

They been caught in using plagiarize content in their whitepaper, So nothing else to see here and i highly doubt anyone in their right mind will invest in this half baked project.

Oops! dead on arrival, i mean if a project can not even have a decent white paper to represent their brand what else could be expected of such project! they plan to have their token baked by gold yet can't even write a white paper, good thing they are caught in their lies before people fall victim.

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January 15, 2020, 04:23:04 PM
 #9

Hey guys,
I am the co-founder of the project.
I'm a little surprised that you say our project is a scam ... it is absolutely not!
This is a completely new project and we really have no intention of scaming anyone!
We are only a very small team and that's why I ask you not to go so hard with us.

About the white paper:
Since we are a small company that is just starting out with your project, we of course do not have such a well-developed white paper!
But that will follow in the course of time and we will keep updating it, I promise.
And yes, to our shame we copied something from other projects that do similar things.
But I don't think that's so bad.

To my Linkedin profile:
Why is it so bad when I only have 9 contacts?
I don't work with LinkedIn that much and I focus more on other things and programming than connecting with people.

About the gold deposits:
We actually plan to deposit every coin with real gold.
It should not be a "pump and dump" project.
The project is intended for a long time and is intended as a way to keep gold in a tokenized form.

I hope you are not so hard and to stamp the project as a "scam" right from the start.
We are in our initial phase and are working really hard on this project!
Of course we are not yet as big as our competitors and in some things not quite as professional,
but we are really professional when it comes to programming and the backend of the project!

Best wishes,
Tim from Pyrrhos Gold
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January 16, 2020, 07:14:50 AM
 #10

~snip~
About the white paper:
Since we are a small company that is just starting out with your project, we of course do not have such a well-developed white paper!
But that will follow in the course of time and we will keep updating it, I promise.
And yes, to our shame we copied something from other projects that do similar things.
But I don't think that's so bad.
~snip~

Having an small team is not a reason to copy someone else work. If you dont have the team or the capacity to write your own original content then why people should invest in your project.

This is the reason why most DT users tag the company as a scam. Iam afraid once your project has been tag as a scam them its will forever mark as a scam in this forum.

If you are confident with your copy paste project then push through with it and only time will tell if your project can be survive.

 
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January 16, 2020, 11:03:01 AM
 #11

~snip~
About the white paper:
Since we are a small company that is just starting out with your project, we of course do not have such a well-developed white paper!
But that will follow in the course of time and we will keep updating it, I promise.
And yes, to our shame we copied something from other projects that do similar things.
But I don't think that's so bad.
~snip~

Having an small team is not a reason to copy someone else work. If you dont have the team or the capacity to write your own original content then why people should invest in your project.

This is the reason why most DT users tag the company as a scam. Iam afraid once your project has been tag as a scam them its will forever mark as a scam in this forum.

If you are confident with your copy paste project then push through with it and only time will tell if your project can be survive.


Hey,
we did not copy the entire white paper, but took it as a template and rewrote it.
Of course, some parts are similar, I'm very sorry! But I promise that we will write a completely new and
completely new one in the next few weeks if it has become a little quieter here!
When we have the new white paper ready, I will of course publish it here immediately.

But where it matters, the code of the token is of course not copied;)
It is based on Ethereum but we have rewritten it and changed it so that it fits our project.
This code can also be viewed on Github.

I hope of course not that we are listed here as "scam" ... that would be a shame, since we really put a lot of work into it, and will put a lot of work and energy into it!

We will handle it this way for now; we will let the development and programming
continue as normal at 100%, rewrite the white paper and then inform you here!

Best wishes,
Tim
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January 16, 2020, 11:12:36 AM
 #12

~snip~
About the white paper:
Since we are a small company that is just starting out with your project, we of course do not have such a well-developed white paper!
But that will follow in the course of time and we will keep updating it, I promise.
And yes, to our shame we copied something from other projects that do similar things.
But I don't think that's so bad.
~snip~

Having an small team is not a reason to copy someone else work. If you dont have the team or the capacity to write your own original content then why people should invest in your project.

This is the reason why most DT users tag the company as a scam. Iam afraid once your project has been tag as a scam them its will forever mark as a scam in this forum.

If you are confident with your copy paste project then push through with it and only time will tell if your project can be survive.

There is an alternative even if none of the small member has the ability to write a paper, higher someone who can, as long as the content is representing your brand, you can't not plagiarize someone else content and expected to be taken seriously,
that is a big offense and i expect a project owner to know this, this is not the first project claiming to be backed with Gold, none has been able to push it through, am certain this won't be any difference.

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January 16, 2020, 11:20:41 AM
 #13

~snip~
About the white paper:
Since we are a small company that is just starting out with your project, we of course do not have such a well-developed white paper!
But that will follow in the course of time and we will keep updating it, I promise.
And yes, to our shame we copied something from other projects that do similar things.
But I don't think that's so bad.
~snip~

Having an small team is not a reason to copy someone else work. If you dont have the team or the capacity to write your own original content then why people should invest in your project.

This is the reason why most DT users tag the company as a scam. Iam afraid once your project has been tag as a scam them its will forever mark as a scam in this forum.

If you are confident with your copy paste project then push through with it and only time will tell if your project can be survive.

I don't think the problem is with having a small team as you've rightfully pointed out, the problem is there was never an original thought to base any content on in the first place or even be bothered with researching the existing. Just another rushed attempt at a cash grab.

If a WP = Blueprint, then there's no reason to dick around with the thing that will be used to build YOUR product - not another person's product.

Also, "not a scam" tends to be the famous last words of every scam outted


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CARTESI📱 
LINUX INFRASTRUCTURE FOR DAPPS

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Rikafip
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January 16, 2020, 11:22:11 AM
Last edit: January 16, 2020, 12:02:16 PM by Rikafip
 #14

Beside all that plagiarism issues that you simply can't defend and there is no excuse whatsoever for doing that, what do you have to say about your 2 team members (CEO and Business Manager)?


Their CEO Rene Cosmos was involved in one older scam from 2018, Oratium, that was discovered by @ICOEthics
https://bitcointalk.org/index.php?topic=5075489.0



Also, what about your business manager Steph Lam? Why was her name Stella Elech  in that scam, Oratium?

They used 1 more member from Oratium. Steph Lam, Pyrrhos business manager  was also  known as Stella Elech









Tim Markus
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January 16, 2020, 12:06:02 PM
 #15

Of course we do our best not to fail with our project;)

We also want to implement the exchange of tokens for real gold on our website.
Of course, this presupposes that we also hold real gold as equivalent to the token!
Our goal is to get better than our competitors!
But we are still at the beginning and have a lot to do,
but we are also working intensively on this project and that full time!

To the LinkedIn profiles:
Of course, that's another thing ... To be listed by Ethereum or Eherscan, you need a few employees whose LinkedIn profiles have over 500 contacts ...!
Since no normal person has more than 500 contacts on LinkedIn, there is really no other option than to buy these profiles;)
Ethereum only accepts LinkedIn, if, for example, Facebook would be accepted ... most of my employees and colleagues have more than 500 friends there, but FB is unfortunately not accepted, only LinkedIn.

Or for example the number of business contacts in the real world! But that doesn't count in the online world Wink
Unfortunately, nobody asks how you are connected in the real world and what contacts you have there... thats a bummer...

So you are forced to buy something or "cheat" as a small company ...
You can't just stop your project because you don't have 500 Linkedin friends.
I don't think that's a good move from ethereum-foundation!

But I think that's not only with us, it would have to be with almost every Ethereum project to be listed ...
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January 16, 2020, 12:18:29 PM
 #16

Aside from that, their Co-Founder linkedin profile has only 7 connections without photo? Something shady here. Just fresh account created for this project? Does he have any other profile aside from linkedin?

https://i.ibb.co/hD6TPs3/Screen-Shot-2020-01-15-at-4-13-07-PM.png

In my Linkedin Profile, there is a photo of myself!
And i have more contacts on other platforms and in the real business world!
But I will now ask my contacts if they have a linkedin profile and can add me Wink

https://www.linkedin.com/in/tim-markus/

You can also find a photo of me on the website - https://backed-by-gold.com/member/tim-markus/

best regards,
Tim
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January 16, 2020, 11:02:30 PM
 #17

Beside all that plagiarism issues that you simply can't defend and there is no excuse whatsoever for doing that, what do you have to say about your 2 team members (CEO and Business Manager)?


Their CEO Rene Cosmos was involved in one older scam from 2018, Oratium, that was discovered by @ICOEthics
https://bitcointalk.org/index.php?topic=5075489.0



Also, what about your business manager Steph Lam? Why was her name Stella Elech  in that scam, Oratium?

They used 1 more member from Oratium. Steph Lam, Pyrrhos business manager  was also  known as Stella Elech





this is not looking good for the pyrrhos company. is there no other way but to "cheat" so as to fulfil some requirements? now that some bad decisions are exposed, how can they expect people will trust them to have gold in possession? are they going to "cheat" again about their assets? the co-founder has a lot of things to prove here because of the bad choices for this project. in this community, you need to work hard to vindicate yourself from initial allegations.

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nira09
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January 17, 2020, 02:35:34 AM
 #18

Getting fraud charges is a bad thing for your project, and you should fix it if you can. I see you have several partnerships, can you prove to us that they really support your project? I would like to see an official announcement from each of your partnerships.\

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January 17, 2020, 03:38:03 AM
 #19

In my Linkedin Profile, there is a photo of myself!
~Snip~
You can also find a photo of me on the website - https://backed-by-gold.com/member/tim-markus/

best regards,
Tim

The photo will not prove anything. Maybe be a video speaking about your project will add some confidence for your project.

Getting fraud charges is a bad thing for your project, and you should fix it if you can. I see you have several partnerships, can you prove to us that they really support your project? I would like to see an official announcement from each of your partnerships.\


Most probably its all for a show to sugar coat their project with sweet promises for their investors. None of them are aware that their logo is being used by unknown entity.

 
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Bowtiesarecool
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January 17, 2020, 12:08:07 PM
 #20

Aside from that, their Co-Founder linkedin profile has only 7 connections without photo? Something shady here. Just fresh account created for this project? Does he have any other profile aside from linkedin?



In my Linkedin Profile, there is a photo of myself!
And i have more contacts on other platforms and in the real business world!
But I will now ask my contacts if they have a linkedin profile and can add me Wink

https://www.linkedin.com/in/tim-markus/

You can also find a photo of me on the website - https://backed-by-gold.com/member/tim-markus/

best regards,
Tim

Your contacts and pictures are simply what that they are - yours. There's nobody to attest to or disprove the veracity of the identity provided. And while getting your irl business contact to add you on linkedin sounds like a "positive" narrative, adding folks on linkedin/buying adds is one lucrative industry that most of us are aware of. The fact that none of the team background points to anything gold prior to this offering just throws more shades on the whole affair. And don't get me started on someone creating a telegram channel and asking people to post their input/comments/suggestions there. You can't post on channels, only in group. Topnotch marketing department there


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CARTESI📱 
LINUX INFRASTRUCTURE FOR DAPPS

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