Silvering (SLVG) (from june +50%) holding program

[serjent05]

I really like the idea, but the problem is with the credibility. We already seen many attempts to create gold-backed tokens, but all of them ended as a scam. The only trusted gold-backed coin seems to be PAX-gold.

I don't know about PAX-gold.  But if it was verified by a trusted bank like what Janus101 said,

Unless there are trusted bank to audit and verify your whatever-asset-backed cryptocurrency, this is going to become slate very fast.

then good for you.

Anyway, as long as there is no documentation that tallies the silver holding value and the amount of token value as stated by the project owner, it is still in the area of the shady and scammy project.  I won't believe anything about x backed token since there are lots of projects like this that turned out to be nothing-backed at all.

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[btcltcdigger]

Wow, this is beyond badly done.
Just checked the website, and you can see it was done in a rush without any checks. Spelling is bad/inconsistent.

Overall, i'd stay away

[AltcoinNForum]

Nice concept! are you planning to run any bounty or airdrop campaign in future?

Silvering (SLVG) as silver backed cryptocurrency with real worth does not planning bounty or airdrop campaigns. Project need to save priority of traders.
No any free Silvering.

Hello OP, you have not stated the correlation between your project and blockchain, because silver is a not a type of metal that is so difficult to get and the demand for silver is not so high to encourage the demand for the token itself.
Also, you do not have a bounty in the plan. Who then are those that will be selling on the exchange? Also, do you have an active market that has the liquidity to support buy and sell at any time, without waiting?
How do you intend maintaining the price of you token and for it to be in correlation with the price of silver in the silver market? That is if there is truly a market for it.

It is clearly on website:
Selling and buying back currency
Please see first page.
Thanks.

[AltcoinNForum]

I really like the idea, but the problem is with the credibility. We already seen many attempts to create gold-backed tokens, but all of them ended as a scam. The only trusted gold-backed coin seems to be PAX-gold.

I don't know about PAX-gold.  But if it was verified by a trusted bank like what Janus101 said,

Unless there are trusted bank to audit and verify your whatever-asset-backed cryptocurrency, this is going to become slate very fast.

then good for you.

Anyway, as long as there is no documentation that tallies the silver holding value and the amount of token value as stated by the project owner, it is still in the area of the shady and scammy project.  I won't believe anything about x backed token since there are lots of projects like this that turned out to be nothing-backed at all.

- Buying back orders every day on exchange

- Proof of silver will be posted on website next days

[AltcoinNForum]

Wow, this is beyond badly done.
Just checked the website, and you can see it was done in a rush without any checks. Spelling is bad/inconsistent.

Overall, i'd stay away

Website will be upgraded., but I think content is clear.
Proof of silver will be added next days.
New branch offices will start in july (Canada) and august (South-Africa).

[AltcoinNForum]

NEW!!!
Redeem your SLVG tokens for .999 1 oz silver coin!

Click here and see details
https://www.silvering.biz/Redeem-SLVG-for-Silver-Coin.php

[btcltcdigger]

Is this meant to be a picture of your office?

[AltcoinNForum]

Is this meant to be a picture of your office?

It is a plan of meeting room.
Silvering now has two offices ín USA and Austria.
New offices in Canada and South-Africa will be open in July and August.

[btcltcdigger]

Is this meant to be a picture of your office?

It is a plan of meeting room.
Silvering now has two offices ín USA and Austria.
New offices in Canada and South-Africa will be open in July and August.

Whats the address of the one in Austria?
Would love to check it out in person

[AltcoinNForum]

Is this meant to be a picture of your office?

It is a plan of meeting room.
Silvering now has two offices ín USA and Austria.
New offices in Canada and South-Africa will be open in July and August.

Whats the address of the one in Austria?
Would love to check it out in person

You can see all contact informations on the website.

[AltcoinNForum]

Redeem Your SLVG Tokens For .999 1 Oz Silver Coin!
Prices:

1 oz silver coin = 62.2069536 SLVG + 19,99 SLVG handling charges

Delivery fees (worldwide)

1-5 silver coins = 99 SLVG

6-10 silver coins = 180 SLVG



Silver Coins from Austria, Canada, Australia (all .999 purity and 1 oz)



Wiener Philharmoniker (Austria)

5 dollars (Canada)

1 dollar (Australia)

https://www.silvering.biz/Redeem-SLVG-for-Silver-Coin.php

[AltcoinNForum]

Silvering token (SLVG) was listed on TRUST Wallet.

(official cryptocurrency wallet of Binance)

https://trustwallet.com/

Silvering token (SLVG) was listed on MEW Wallet

https://www.myetherwallet.com/

Silvering token (SLVG) was listed on GoinGecko

https://www.coingecko.com/hu/coins/silvering

[AltcoinNForum]

Total supply: 6220695.32 SLVG

Circulation supply: 43544.86752 SLVG

Each Silvering token in circulation supply has 100% real silver coverage!

1 SLVG = 0.5 g .9999 purity silver

62.2069536 SLVG = 1 oz .9999 purity silver

[slashz9]

in fact it is not very important in backing up by what, the most important is the project itself, many devs are only concerned with backing up without making a reason why the project was created, backing up is not very reliable if the project is bad.

[AltcoinNForum]

in fact it is not very important in backing up by what, the most important is the project itself, many devs are only concerned with backing up without making a reason why the project was created, backing up is not very reliable if the project is bad.

Yes, you are totally right and thank you for your comment.

Buying back guarantee is a very important for traders. Somethimes happen that someone needs a money very quickly and most of cryptocurrencies worth somethimes falls big (10-20% a day). Silvering currency much more stable and predictable.
This requires collateral and money to ensure that the buying back is always safe at daily rate.

Silvering is good for short- and medium-term investments.
Plus Silvering will launch merchants program to accept SLVG as paying currency in many sectors.

[AltcoinNForum]

Redeem Your SLVG Tokens For .999 1 Oz Silver Coin!




Silver Coins from Austria, Canada, Australia (all .999 purity and 1 oz)



Wiener Philharmoniker (Austria)

5 dollars (Canada)

1 dollar (Australia)

https://www.silvering.biz/Redeem-SLVG-for-Silver-Coin.php

[iTradeChips]

This is a good concept and good project, knowing well that silver, even though it is plentiful, is still considered a precious metal. Silver has very good electrical conducting properties, it does not rust, and it also has good anti-bacterial features. Also it is a bit a rare metal if you would say.

What would be the overall global strategy of the said project? Would there be a possibility that it would also venture in the South East Asian region? I would definitely suggest considering to have offices in Asia as most Asians are gold and silver fans. Will check out the features of the website and would definitely be watching.

[AltcoinNForum]

This is a good concept and good project, knowing well that silver, even though it is plentiful, is still considered a precious metal. Silver has very good electrical conducting properties, it does not rust, and it also has good anti-bacterial features. Also it is a bit a rare metal if you would say.

What would be the overall global strategy of the said project? Would there be a possibility that it would also venture in the South East Asian region? I would definitely suggest considering to have offices in Asia as most Asians are gold and silver fans. Will check out the features of the website and would definitely be watching.

Thank you.

Yes, we are working to start new branch offices (Canada, South-Africa), and will start soon in Asia too.
You will be informed here, and on website.

Global strategy has two parts:

1. Silvering as investment (short and medium period)

2. Silvering as paying currency for merchants

[Pecunia non olet]

Do you know what is missing here? A big company that would ensure the credibility to this backed cryptocurrency. Because for now, we can´t provide decentralized gold/silver backed cryptocurrencies. Or maybe the Synthetix assets are the future? 

[bitgolden]

Yes, we are working to start new branch offices (Canada, South-Africa), and will start soon in Asia too.
You will be informed here, and on website.

Why not in your ANN topic? I mean where is your announcement topic for this project? Please link that into OP as well. I just checked your post history but I am not finding any of your posts into altcoin announcement board. That means, this project is not having any proper ANN topic? This is just a discussion board and listing your coin's activities and all other related things here, are kind of breach of forum rules.

How your coin is getting value similar to silver? Just by your assumption? Can you prove the amount of silver bars you are holding for backing all the total number of tokens and circulating tokens as well.

Also, why there is a big differences between total supply and circulating supply?

In the past, there were many coins tried to scam people here in the name of gold backed coins. This is first time I am seeing silver being used instead of that. Operating your topic on this board instead of announcement board itself a shady behavior which is common among scammers.