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Author Topic: [ANN] Gold Minerals Network - GMN - Gold backed Token  (Read 95 times)
GoldMineralsNetwork (OP)
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October 29, 2022, 10:23:55 AM
 #1

Gold Minerals Network - GMN is a token backed by Gold Mineral Deposits.

GMN is ERC20 based token in Ethereum Chain.


4 billion tokens have been created, each backed with 1 Euro worth of gold mineral deposits.

Source code: https://etherscan.io/address/0xe4de696ded2997b7d3f526940ddd0505932fd18e#code

Official Explorer: https://etherscan.io/address/0xe4de696ded2997b7d3f526940ddd0505932fd18e


Website and Whitepaper will be released later.
Man0fKnight
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October 30, 2022, 07:27:35 PM
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OK.  So I don't like how you worded "4 billion tokens have been created, each backed with 1 Euro worth of gold mineral deposits"

Gold Mineral Deposit is traditional gold rich ground (before any mining has been accomplished)...if this is the case, what is the 1 Euro's worth based off of...lease price...ebay price?  Because if you buy the stuff on ebay 1 Euro worth of dirt might net you a penny worth of gold, if you're lucky.

Who is backing you with the funding that you supposedly have 4 billion Euros worth of mineral?
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