Gold-Backed cryptocurrency with Passive Income

[yarik0409]

Hi guys, what do you think about our new crypto that is backed by gold???

I believe that money should be a clear representation of the value of work done. If you work hard, producing something amazing or providing best quality service, you should be paid well regardless of the type of job. I believe in equality of opportunity. But today we are all enslaved and working hard for the useless paper which elites print daily to keep us enslaved. GRC brings back the gold standard and revolution against the slavery of all people in the world. Real money for real people. It's time to wake up and stand up against the global tyranny. We should stop fighting each other and unite. Only together we can create a global change and build a new world on real values.



🌏🔥🚀 GLOBAL RESERVE COIN 🌏🔥🚀

Contract Address: 0x8e4653Ef0f8Ce731653192bb642D5347Ccec2c6a

☀️ GRC is a First BEP20 (BSC) Gold-Backed token with BUSD automatic rewards. GRC has 10%BUY/12%SELL tax rate:

💸3%/4% - BUSD rewards to Holders
💰2%/3% - LP-generating
🏆2% - Gold Reserves
🎯3% - Marketing

🧑‍💻TEAM DOXXED!!!
🔐100% of liquidity is locked on PinkSale! (https://www.pinksale.finance/pinklock/detail/0x506c7212EdBb5CE1f4Ee022F1b7189f6e865CD77)
💼Audited by Cyberscope! (https://github.com/cyberscope-io/audits/blob/main/2-grc/audit.pdf)
✅️Listed on CMC! (https://coinmarketcap.com/currencies/global-reserve-coin/)
👨‍👩‍👧‍👧Only 240 HODLERS, VERY EARLY!
🏛 Listing on Azbit Exchange is Coming🟢

🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥

💎 Purchase $GRC with your Credit Card Today!!! 💳💸💎🔥🔥🔥🔥🔥

🟢 Via Flooz 👇
https://flooz.xyz/trade/0x8e4653Ef0f8Ce731653192bb642D5347Ccec2c6a?network=bsc

🏛 Via Official $GRC Website 👇
globalreservecoin.org

⚡️JOIN  OUR  TG  GROUP 👇
https://t.me/globalreservecoin

[crwth]

You do know what happened to the Gold-Backed Fiat System right? I think that's what's gonna happen to this, be obsolete or something.

If you are introducing something new, it's better to put it in the Announcement section.
https://bitcointalk.org/index.php?board=159.0

[yarik0409]

I know what happened to it, exactly. American government established world dominance and all other countries depended on it. So, America decided why should we be limiting ourselves to gold supplies. Let's just print paper and exchange it for goods, and if we run out of USD we just print more. And since USD was a closed global system - available and accessible everywhere - it still works today. Until the end of this year. The bubble will eventually pop, same as the realestate bubble. So, 2024 will be the beginning year of bringing gold-backed currency back.

[Rampagoe004]

This is a great project. I look forward to your hard work. I've opened your website at globalreservecoin and I see you have a white paper and a solid plan. But getting this coin equivalent to gold has been a pain when I've looked at some of the previous projects.

I have take your words on "Buying $GRC doesn't mean you are buying gold. We dedicated some funds to purchase gold. This is done for three reasons" That's sound good. But what about the number of coins or transparency you will offer?

[cryptoaddictchie]

Not bad for a shitcoin to have a concept but why list on Pinksale? Im sure that you are aware that launchpad platform onky list memecoin like different types of pepe and inu tokens. Mostly they are swarming the bsc and eth network with dozens of new release. Although the website and concept is good. Its quite hard to retain an idea like this especially you incorporate a gold back tokens. People will get suspicius if this is real or what. So in the end it doesnt do any good.

[yarik0409]

This is a great project. I look forward to your hard work. I've opened your website at globalreservecoin and I see you have a white paper and a solid plan. But getting this coin equivalent to gold has been a pain when I've looked at some of the previous projects.

I have take your words on "Buying $GRC doesn't mean you are buying gold. We dedicated some funds to purchase gold. This is done for three reasons" That's sound good. But what about the number of coins or transparency you will offer?

Thank you for your kind review. Our gold wallet, marketing wallet and liquidity are transparent on BSC Scan. You can see all the values there. There are 100 billion tokens and all of them are in circulation. Developers have nothing. Liquidity is locked on Pinksale for 6 months. Then I will relock it. My face and voice are on GRC official Youtube Channel. My full name, place of residence and age are verified. If I do something illegal, the investors can find me. I'm not anonymous. The contract is audited as well. And it's good you have doubts, which means you can distinguish between millions of shitcouns and GRC. In terms of other projects in the past. I can only say I'm built different and I'm here for a long run, we are talking decades and nothing can dissuade me, as I believe this is the futuelre. Only time will show how serious I am. Thank you for your comment👍

Not bad for a shitcoin to have a concept but why list on Pinksale? Im sure that you are aware that launchpad platform onky list memecoin like different types of pepe and inu tokens. Mostly they are swarming the bsc and eth network with dozens of new release. Although the website and concept is good. Its quite hard to retain an idea like this especially you incorporate a gold back tokens. People will get suspicius if this is real or what. So in the end it doesnt do any good.

It's not listed on Pinksale. It's listed on Pancakeswap. We locked 100% of liquidity for 6 months at Pinksale. We listed on Pancakeswap because we are bsc token. We chose bsc network because for token with a tax, bsc offers very cheap transaction fees and it's a widely adopted blockchain.

I agree it's hard to retain an idea these days, but I'm from Russia, and trust me I'll die for an idea that can help people get out of USD useless paper slavery. I'm ready to take the greatest risk for people. And those who join me will contribute to the project and our rebellion against the global tyranny. We are very close to a reset and gold currency is necessary for it to begin.

So I don't agree with your assessment of GRC being one of the shitcoins.

Thanks for your comment 👍

[AmoreJaz]

Not bad for a shitcoin to have a concept but why list on Pinksale? Im sure that you are aware that launchpad platform onky list memecoin like different types of pepe and inu tokens. Mostly they are swarming the bsc and eth network with dozens of new release. Although the website and concept is good. Its quite hard to retain an idea like this especially you incorporate a gold back tokens. People will get suspicius if this is real or what. So in the end it doesnt do any good.

It's not listed on Pinksale. It's listed on Pancakeswap. We locked 100% of liquidity for 6 months at Pinksale. We listed on Pancakeswap because we are bsc token. We chose bsc network because for token with a tax, bsc offers very cheap transaction fees and it's a widely adopted blockchain.

I agree it's hard to retain an idea these days, but I'm from Russia, and trust me I'll die for an idea that can help people get out of USD useless paper slavery. I'm ready to take the greatest risk for people. And those who join me will contribute to the project and our rebellion against the global tyranny. We are very close to a reset and gold currency is necessary for it to begin.

So I don't agree with your assessment of GRC being one of the shitcoins.

Thanks for your comment 👍

well, let's see if some people from the forum will join you on this cause. because for most users here, we have seen so many gold-backed projects way back, and you can only count like a couple of them that are really legit, you can search here in the forum. don't know how you can prove that you have actual gold, but this scenario is not new. one project before even attached all the gold certificates they have. and few months down the road, they got abandoned, because they were fake. if you think you can make a difference, then, you have all the resources to prove the community is wrong. but don't expect that some people from here will jump on this ship, because i don't think, they will.

[cryptoaddictchie]

It's not listed on Pinksale. It's listed on Pancakeswap. We locked 100% of liquidity for 6 months at Pinksale. We listed on Pancakeswap because we are bsc token. We chose bsc network because for token with a tax, bsc offers very cheap transaction fees and it's a widely adopted blockchain.

So you mean you didnt raise money on pinksale? How come you have a 100% locked there, since its a launchpad platform for memecoins. Obviously you generated a token sale there. Im not saying you arent dedicated but that platform is known for memecoins, so some could get the idea of it being a memecoin instead of a serious project.

So I don't agree with your assessment of GRC being one of the shitcoins.

Okay it depends on one justification but being listed on cmc and coingecko does it mean the project is already legit. Maybe a few more authencity of legitness might make the public invest on that. Maybe will wait for more development? The concept is very sensitive and Im sure you are aware that there are some previous projects like yours that died in the process. Of course public want a 100% guaranteed safe platform.

Are you working alone on this one?

[Xal0lex]

This project has several factors that should alert any experienced investor.

• The smart contract is deployed in the BSC network, where the largest number of different scam tokens appear
• The token is launched on some dubious lunchpad
• The coin is listed on some unknown exchange

How many of these gold-backed tokens have already tried to conquer the market? One more?

[X-ray]

The passive income will be only applied to you as the contract creator and the traders of your coins were only stupid people who regularly pay tax for you. 
That's enough man. I have experienced a bunch of shit tokens since bitcoin was on the bottom. Your title was actually BS. Where the fuck gold backed crypto able to generate passive income?

It's a red flag.

No liquidity and did you just dump your own token? People must not be stupid enough to know that. 
The only stupid people without knowledge about crypto that will buy your token.

Another scam token. 

[yarik0409]

well, let's see if some people from the forum will join you on this cause. because for most users here, we have seen so many gold-backed projects way back, and you can only count like a couple of them that are really legit, you can search here in the forum. don't know how you can prove that you have actual gold, but this scenario is not new. one project before even attached all the gold certificates they have. and few months down the road, they got abandoned, because they were fake. if you think you can make a difference, then, you have all the resources to prove the community is wrong. but don't expect that some people from here will jump on this ship, because i don't think, they will.

It's sad to hear that you guys have been scammed many times. I understand that most people are very sensitive these days. And that's very good, because they are now cautious about their money and don't trust anyone. I answered all the security questions above, I'm not anonymous and I'm transparent. I don't deny that this coin is based on Trust as I will be storing the gold on behalf of community. I welcome everyone from this forum to go on our official Youtube channel and watch me explain the coin and the idea in extensive videos that I made.

Guys, please DYOR and I'm happy to answer any questions here.

[yarik0409]

So you mean you didnt raise money on pinksale? How come you have a 100% locked there, since its a launchpad platform for memecoins. Obviously you generated a token sale there. Im not saying you arent dedicated but that platform is known for memecoins, so some could get the idea of it being a memecoin instead of a serious project.

So I don't agree with your assessment of GRC being one of the shitcoins.

Okay it depends on one justification but being listed on cmc and coingecko does it mean the project is already legit. Maybe a few more authencity of legitness might make the public invest on that. Maybe will wait for more development? The concept is very sensitive and Im sure you are aware that there are some previous projects like yours that died in the process. Of course public want a 100% guaranteed safe platform.

Are you working alone on this one?

I didn't raise money on PinkSale. I launched providing liquidity myself. And then I locked liquidity on PinkSale. PinkSale is not my launchpad. I didn't use any launchpads.

I just listed you so many reasons why investors can trust me and Global Reserve Coin, so I'm not sure what do you mean by "one justification". I didn't even mention CMC in my reasons... So please address the reasons I provided to you in my previous response.

More guarantee will be visible once we purchase our first 2 oz 999.9 Gold Bar from Melbourne mint and we will store it there. So, only purchasing more gold and time will create more trust. You don't have to rush and buy in, if you are still afraid. You can wait a few months and see. I'm not here for pump and dump.

Yes, I'm working alone and in full control of the project.

[yarik0409]

This project has several factors that should alert any experienced investor.

• The smart contract is deployed in the BSC network, where the largest number of different scam tokens appear
• The token is launched on some dubious lunchpad
• The coin is listed on some unknown exchange

How many of these gold-backed tokens have already tried to conquer the market? One more?

First factor is true, and I agree it should alert anyone, so research is a MUST for every BSC token you guys want to invest in. The reason why we chose BSC, because we have complex tokenomics and that's why Etherium transactions would cost users a fortune.

Second factor is not true at all. The token wasn't laucnh on any launchpads. I provided 100% of liquidity of the token and locked it on PinkSale. I didn't use PinkSale as a launchpad, it only serves GRC as a lock.

Third factor: PancakeSwap is not that unknown, is it? You may say that there are 99% of scam tokens on Pancakeswap, but that's a different argument. PancakeSwap is very well known, and you can trust that exchange.

I didn't know that there were many gold-backed crypto, but I'm sorry to hear that they were all scams. I can't go back in time and change that history of gold-backed tokens, but I'm here to change the history now.

[coin-investor]

It's a red flag.

No liquidity and did you just dump your own token? People must not be stupid enough to know that. 
The only stupid people without knowledge about crypto that will buy your token.

Another scam token. 

It really is a red flag, this token is crashing if you're an early buyer and you're still holding this token you are losing your investment.
There is also a warning by Coinmarketcap

Smart contract of the following asset can be modified by the contract creator (for example: disable selling, change fees, mint new tokens, or transfer tokens). Please exercise caution before taking any action

https://coinmarketcap.com/currencies/global-reserve-coin/

If you have these two signs the price is crashing and there's a warning from the market aggregator the best that you can do is to ignore or dump this token they don't even have a website where to see details about this project.

[yarik0409]

The passive income will be only applied to you as the contract creator and the traders of your coins were only stupid people who regularly pay tax for you. 
That's enough man. I have experienced a bunch of shit tokens since bitcoin was on the bottom. Your title was actually BS. Where the fuck gold backed crypto able to generate passive income?

It's a red flag.

No liquidity and did you just dump your own token? People must not be stupid enough to know that. 
The only stupid people without knowledge about crypto that will buy your token.

Another scam token. 

? The first sentence doesn't make sense to me, sorry. You can read the contract and check all contract transactions. The passive income in the form of BUSD goes to token holders. More coins you hold, more passive income you get. Many early holders already got their investment back, you can ask for testimonies. Moreover, as a creator I don't possess any coins. I locked all 100% of coins when I launched. And we have antiwhale mechanism at the moment. You can only own 4% of the total supply. That's why we don't have whales who can dump the price.

I'm sorry about your bad experience in crypto, but that just means that you made poor choices and didn't do your research properly, investing in scam tokens, instead of legit projects.

We are generating passive income from tax. All info is transparent on the website.

No liquidity? We went from $300 to $5k in a month with 0 advertising. I know it's not much, but we only starting. The time will show, if we are legit don't rush.

And no I can't dunp the coin, because I don't have any.

[yarik0409]

It really is a red flag, this token is crashing if you're an early buyer and you're still holding this token you are losing your investment.
There is also a warning by Coinmarketcap

Smart contract of the following asset can be modified by the contract creator (for example: disable selling, change fees, mint new tokens, or transfer tokens). Please exercise caution before taking any action

https://coinmarketcap.com/currencies/global-reserve-coin/

If you have these two signs the price is crashing and there's a warning from the market aggregator the best that you can do is to ignore or dump this token they don't even have a website where to see details about this project.

Are these comments automatically generated?🤣

"Token is crashing" ok mate. There is $5k in liquidity with $300 initial liquidity. People are buying and selling as they wish. Bitcoin and bnb also crashing ay?🤣 GRC can't crash with 240 holders. There is nothing to crash🤣

In regards to CMC warning. Yes, the contract fees can be modified by me. I explain extensively why so in my Youtube Channel and Whitepaper. Mainly, so in the future I can leave only gold tax and remove other taxes to make coin more tradable.

I'm not even going to comment on "They don't have a website". It's right there in my Topic post 🤔

[serjent05]

The transaction tax is very discouraging.

GRC is a First BEP20 (BSC) Gold-Backed token with BUSD automatic rewards. GRC has 10%BUY/12%SELL tax rate:

💸3%/4% - BUSD rewards to Holders
💰2%/3% - LP-generating
🏆2% - Gold Reserves
🎯3% - Marketing

 Imagine the moment I buy the token I already lost 10% of my holdings.  Then another 12% if I sell it.  This is a typical shitcoin feature.  Sorry for the term but I think this is a broad-day robbery.  You already get our money when we buy the token then why do you get our token to fund the suppose to be your expenses in developing the product?  Where will you use the money you get from sales then?  Isn't the collection supposed to be the one to support these plans?

[yarik0409]

The transaction tax is very discouraging.

GRC is a First BEP20 (BSC) Gold-Backed token with BUSD automatic rewards. GRC has 10%BUY/12%SELL tax rate:

💸3%/4% - BUSD rewards to Holders
💰2%/3% - LP-generating
🏆2% - Gold Reserves
🎯3% - Marketing

 Imagine the moment I buy the token I already lost 10% of my holdings.  Then another 12% if I sell it.  This is a typical shitcoin feature.  Sorry for the term but I think this is a broad-day robbery.  You already get our money when we buy the token then why do you get our token to fund the suppose to be your expenses in developing the product?  Where will you use the money you get from sales then?  Isn't the collection supposed to be the one to support these plans?

This seems to me like either it's a template response or you a new to cryptocurrency, sorry for the term.

I have no idea what you mean by "you already get our money when we buy the token". I put 100% of tokens into liquidity when I launched a token. I didn't do farilaunch or presale, I put my own money into it. So when people buy GRC, it all goes into liquidity. I get 0. So, I get 0 from sales. That's why there is a marketing tax, so I can use some funds for marketing.

All these taxes are awesome in their own way. Holders get passive income, GRC price stabilises and increases through lp generation, GRC gold reserves always grow and back the token and marketing funds used to spread awareness and increase the token price by increasing number of holders.

So the rest of your paragraph has no meaning.

Moreover, I left the tax modifiable so I can reduce it in the future, and leave only gold reserves tax.

[yarik0409]

Not bad for a shitcoin to have a concept but why list on Pinksale? Im sure that you are aware that launchpad platform onky list memecoin like different types of pepe and inu tokens. Mostly they are swarming the bsc and eth network with dozens of new release. Although the website and concept is good. Its quite hard to retain an idea like this especially you incorporate a gold back tokens. People will get suspicius if this is real or what. So in the end it doesnt do any good.

It's not listed on Pinksale. It's listed on Pancakeswap. We locked 100% of liquidity for 6 months at Pinksale. We listed on Pancakeswap because we are bsc token. We chose bsc network because for token with a tax, bsc offers very cheap transaction fees and it's a widely adopted blockchain.

I share with you the dislike of memecoins. But, I don't agree with your assessment of GRC being one of the shitcoins.

All the information about the security of token and gold is on the official website and my identity is not anonymous. I'm the founder of the token and I'm the only one running this project.

Thanks for your comment 👍

[cryptoaddictchie]

More guarantee will be visible once we purchase our first 2 oz 999.9 Gold Bar from Melbourne mint and we will store it there. So, only purchasing more gold and time will create more trust. You don't have to rush and buy in, if you are still afraid. You can wait a few months and see. I'm not here for pump and dump.

Yes, I'm working alone and in full control of the project.

Oh so are you planning to have this documented or visible on the public too? Like purchase order and the facility reveal? I think thats a lot of money to spend, yeah definitely will need to wait for that progress to see the full dedication first.

You dont have a team working on this? Only you, how can you possibly make this successful alone.

[yarik0409]

More guarantee will be visible once we purchase our first 2 oz 999.9 Gold Bar from Melbourne mint and we will store it there. So, only purchasing more gold and time will create more trust. You don't have to rush and buy in, if you are still afraid. You can wait a few months and see. I'm not here for pump and dump.

Yes, I'm working alone and in full control of the project.

Oh so are you planning to have this documented or visible on the public too? Like purchase order and the facility reveal? I think thats a lot of money to spend, yeah definitely will need to wait for that progress to see the full dedication first.

You dont have a team working on this? Only you, how can you possibly make this successful alone.

Yes, all purchases of gold will be documented and visible to the public. How can you do it any other way. I must be transparent, otherwise it doesn't work.

I'm leading this project alone, as the project will be so big and important. I cannot trust anyone and there can't be any conflict of interest. That's why projects like this can only be lead alone. I take full responsibility for my holders. But, I'm not doing this project alone. I've got many people I can trust and who do a lot for this project, because they believe in the cause. You can meet them in the TG group. These holders are with me from day 1. And they don't care about the price going down at the moment. Up or down is good for GRC, because we got more money for buying gold and holders get more passive income in BUSD.

[cryptoaddictchie]

Yes, all purchases of gold will be documented and visible to the public. How can you do it any other way. I must be transparent, otherwise it doesn't work.

Okay thats nice. But thats off chain activity.

How about this one?

💼Audited by Cyberscope! (https://github.com/cyberscope-io/audits/blob/main/2-grc/audit.pdf)

If this was audited how come a popular smart contract auditor and one of the biggest defi security project found a lot of bugs on the smart contract? Good thing I always used this particular feature of them to check for vulnerabilities.

https://de.fi/scanner/contract/0x8e4653ef0f8ce731653192bb642d5347ccec2c6a?56

Click the link and check the flaws of the grc smart contract. Theres a finding that it can be modified to a honey pot. Can you explain why too many red flag on the contract?

[yarik0409]

Yes, all purchases of gold will be documented and visible to the public. How can you do it any other way. I must be transparent, otherwise it doesn't work.

Okay thats nice. But thats off chain activity.

How about this one?

💼Audited by Cyberscope! (https://github.com/cyberscope-io/audits/blob/main/2-grc/audit.pdf)

If this was audited how come a popular smart contract auditor and one of the biggest defi security project found a lot of bugs on the smart contract? Good thing I always used this particular feature of them to check for vulnerabilities.

https://de.fi/scanner/contract/0x8e4653ef0f8ce731653192bb642d5347ccec2c6a?56

Click the link and check the flaws of the grc smart contract. Theres a finding that it can be modified to a honey pot. Can you explain why too many red flag on the contract?

All the flaws that Defi Security mentioned are not flaws but potential risks. Dextools and other sites give 100% reassurance that it's not a honeypot. The function for honeypot that is mentioned on Defi Security is the following: if I renounce a contract, which I will never do, the creator of a contract can add liquidity pairs to my token. That is important to continue for the coin to exist and add new liquidity pairs to tax exception when they are created. That is only if I renounce a contract, which I will never do.

In regards to blacklist: that was important for presale/fairlaunch, but we never did it. We provided liquidity straight away, so that function is useless for me.

Taxes can be modified. That's true. Max taxes that can be set is 15% on buy and sell. I will never increase the taxes, only decrease.

Max wallet is currently set to 4% of total supply to protect against the whales dumping price, since our liquidity is low. We will be increasing that percentage as we get more liquidity.

And liquidity is low, because we started with $300 in liquidity and now it's around $5000. Moreover, 2/3% tax goes to liquidity generating which is over $1.3k. So that means if everybody sells now, our liquidity will be around $2k, which is still awesome. So we are never afraid of people selling.

[Xal0lex]

This project has several factors that should alert any experienced investor.

• The smart contract is deployed in the BSC network, where the largest number of different scam tokens appear
• The token is launched on some dubious lunchpad
• The coin is listed on some unknown exchange

How many of these gold-backed tokens have already tried to conquer the market? One more?

Third factor: PancakeSwap is not that unknown, is it? You may say that there are 99% of scam tokens on Pancakeswap, but that's a different argument. PancakeSwap is very well known, and you can trust that exchange.

I can not fully trust PancakeSwap due to the fact that this exchange has already been hacked once, after that my trust in it disappeared. I also can not trust projects that are listed on PancakeSwap and nowhere else. From my personal observations, most of these projects are low-liquidity junk tokens that no one wants. So why are they so often concentrated on the PancakeSwap exchange? It's very simple, because of the ease of listing on this platform, anyone can place their coin there and completely anonymously. Perfect conditions for scammers of all kinds.

[cryptoaddictchie]

So why are they so often concentrated on the PancakeSwap exchange? It's very simple, because of the ease of listing on this platform, anyone can place their coin there and completely anonymously. Perfect conditions for scammers of all kinds.

Some projects that are startup are really gonna depend on dex like pancakeswap since the payment for cex is so high and expensive. You are right that mostly project can easily list there so as to other dexes on other chain. Since its a dex, a decentralized one format. If theres too much restriction or requirement we cant call it decentralized like big cex are doing upon listing. I may not comfortable with the project he have but he got a point about pancakeswap. No dex on bsc can match this, and it pretty well known on the altcoin ecosystem which I am aware too. Ive been using it eversince so I knew it is the top dex for bsc and its pretty popular even its swarmed by scammers.

[disconnectme]

There have been several Gold backed projects in the space before, tokenized Gold, the one that comes to mind is Xarum. Gold is more like a stable coin, if I want to hold gold, I will rather buy in the market than hold all these useless Shitcoins that are not backed by any gold, even if the Gold are real, how in the world am I going to retrieve them. Xarum team then claimed they have these Gold, but the project just vanished from Crypto space maybe the team has cart away our Gold bar.

[yarik0409]

There have been several Gold backed projects in the space before, tokenized Gold, the one that comes to mind is Xarum. Gold is more like a stable coin, if I want to hold gold, I will rather buy in the market than hold all these useless Shitcoins that are not backed by any gold, even if the Gold are real, how in the world am I going to retrieve them. Xarum team then claimed they have these Gold, but the project just vanished from Crypto space maybe the team has cart away our Gold bar.

In terms of retrieving gold, I explained in Youtube videos, where I'm the founder of GRC, talking about gold reserves. At this stage in time it's not possible to exchange GRC for gold, as there are so many anti crypto regulations in different countries  especially USA. But I can see with the current economic trends (decline of USD, hyperinflation in Western countries, global housing crisis, wars, rise of BRICS nations) that starting from next year, gold reserved currency will return. All the federal banks over the world are stacking up on gold at the moment in 2023. So, I see that I would be able to open up stores where people can exchange GRC for gold in the near future.

Until then, I can use gold (only if holders vote for it) in the next bear market to buy back coins and stabilise the price of GRC, so it doesn't go down with other coins, making GRC more stable and secure.

In terms of your example, I understand that prople have been scammed a lot. I also invested in rugpulls before and lost my money. You say Xarum team. Do you know the team's full legal names, age, where they live, how do they look like and how does their voice sound? If you do, you can report them to police and start investigation and return the money. If they were anonymous, I don't know why would anyone invest in them. Our investors have all the information I just mentioned about me. If anything goes wrong with the project or gold reserves, the police can find me easily. So, that's how I prove that I don't have any malicious intentions.

[Xal0lex]

So why are they so often concentrated on the PancakeSwap exchange? It's very simple, because of the ease of listing on this platform, anyone can place their coin there and completely anonymously. Perfect conditions for scammers of all kinds.

Some projects that are startup are really gonna depend on dex like pancakeswap since the payment for cex is so high and expensive. You are right that mostly project can easily list there so as to other dexes on other chain. Since its a dex, a decentralized one format. If theres too much restriction or requirement we cant call it decentralized like big cex are doing upon listing. I may not comfortable with the project he have but he got a point about pancakeswap. No dex on bsc can match this, and it pretty well known on the altcoin ecosystem which I am aware too. Ive been using it eversince so I knew it is the top dex for bsc and its pretty popular even its swarmed by scammers.

It is also worth bearing in mind that if a project originally appeared on DEX at the same level as pancake, it is unlikely it will be further traded on the top centralized services. This happens very rarely. If you initially had no budget to launch it on a well-known exchange, it is unlikely that this budget will appear in the future. I can not remember a single well-known project, which would have started its path, first with DEX of the same level as pancake, and then got a listing on binans, kukoin, etc.

[cryptoaddictchie]

This happens very rarely. If you initially had no budget to launch it on a well-known exchange, it is unlikely that this budget will appear in the future. I can not remember a single well-known project, which would have started its path, first with DEX of the same level as pancake, and then got a listing on binans, kukoin, etc.

Oh I think theres a lot out there started with dex like pancake, and uniswap got started with dex. Especially some memecoins or some airdrop retro projects with literally have potential or honestly speaking got some monster volume. Its all about huge volume. Right now, there are potential projects that are gonna list with the likes of Binance with no charge. Ive been staying on dex mostly so I knew which one is started there and suddenly listed on big cex. Mask, people, shiba, pepe, bkex, yfi, comp, ape, crv and many more. These are highly unknown before and only lurking on dex. So how come it rarely happened. These projects rarely pay off listing fee and only listed by cex on their own accord. Want some potential listing insight? You heard of pendle finance? Not listed on major cex but only on dexes. Im not gonna suprise, one day Binance will list and other big ones. Its not just about how they start but how impactful they leave marks on community. Thats how hype and potential projects on dex become a cex aces.

[Xal0lex]

This happens very rarely. If you initially had no budget to launch it on a well-known exchange, it is unlikely that this budget will appear in the future. I can not remember a single well-known project, which would have started its path, first with DEX of the same level as pancake, and then got a listing on binans, kukoin, etc.

Oh I think theres a lot out there started with dex like pancake, and uniswap got started with dex. Especially some memecoins or some airdrop retro projects with literally have potential or honestly speaking got some monster volume. Its all about huge volume. Right now, there are potential projects that are gonna list with the likes of Binance with no charge. Ive been staying on dex mostly so I knew which one is started there and suddenly listed on big cex. Mask, people, shiba, pepe, bkex, yfi, comp, ape, crv and many more. These are highly unknown before and only lurking on dex. So how come it rarely happened. These projects rarely pay off listing fee and only listed by cex on their own accord. Want some potential listing insight? You heard of pendle finance? Not listed on major cex but only on dexes. Im not gonna suprise, one day Binance will list and other big ones. Its not just about how they start but how impactful they leave marks on community. Thats how hype and potential projects on dex become a cex aces.

I agree, there are some projects which start their way on DEX and end their way on Binance. For example, PEPE project made such way just recently and it took only 1 month to do it. This is an incredible result. We are talking about individual cases that break the standard perceptions, but if you look at the whole situation, many projects that start their way on DEX, they end up there, or go to CEXs, which are little-known compared to those CEXs that we are used to hearing about.

[Godday]

Crypto currency backed by gold is indeed a good project. But my question here is how can all of this be trusted and transparent? And speaking of hype and community, to be honest I still haven't found any community for your project (let me know if I missed one). Because if a project has built a solid community base, it's only a matter of time for the project to enter the big market.

[yarik0409]

This happens very rarely. If you initially had no budget to launch it on a well-known exchange, it is unlikely that this budget will appear in the future. I can not remember a single well-known project, which would have started its path, first with DEX of the same level as pancake, and then got a listing on binans, kukoin, etc.

Oh I think theres a lot out there started with dex like pancake, and uniswap got started with dex. Especially some memecoins or some airdrop retro projects with literally have potential or honestly speaking got some monster volume. Its all about huge volume. Right now, there are potential projects that are gonna list with the likes of Binance with no charge. Ive been staying on dex mostly so I knew which one is started there and suddenly listed on big cex. Mask, people, shiba, pepe, bkex, yfi, comp, ape, crv and many more. These are highly unknown before and only lurking on dex. So how come it rarely happened. These projects rarely pay off listing fee and only listed by cex on their own accord. Want some potential listing insight? You heard of pendle finance? Not listed on major cex but only on dexes. Im not gonna suprise, one day Binance will list and other big ones. Its not just about how they start but how impactful they leave marks on community. Thats how hype and potential projects on dex become a cex aces.

I agree, there are some projects which start their way on DEX and end their way on Binance. For example, PEPE project made such way just recently and it took only 1 month to do it. This is an incredible result. We are talking about individual cases that break the standard perceptions, but if you look at the whole situation, many projects that start their way on DEX, they end up there, or go to CEXs, which are little-known compared to those CEXs that we are used to hearing about.

I agree with you, that if we use probabilities, then statistically 99% of projects listed on DEX are scams or have no strategies to build up their project. However, you chose this criteria to analyse my project. I think this criteria means nothing and doesn't help analysis, because you can say that any project that lists on DEX first is useless. It's a lazy way to do research. As a psychologist, such an approach is most common among people, as they prefer easy automatic processing.

Instead, it's important to check all the information about the project, people behind it, roadmap, watch explanation videos made by developers (there are hours of content about our project explaining every little detail) and ask developers doubting questions. Weigh the info against the statistics and then make your own decision. This is a harder way, but critical thinking will help you find real gems and avoid scams.

[yarik0409]

Crypto currency backed by gold is indeed a good project. But my question here is how can all of this be trusted and transparent? And speaking of hype and community, to be honest I still haven't found any community for your project (let me know if I missed one). Because if a project has built a solid community base, it's only a matter of time for the project to enter the big market.

Regarding how this project can be trusted, please see my comment below yours. I replied to someone else about how you can research any project and this one in particular.

Otherwise, you asked about the community, you can also ask all your doubting questions in a community chat and I'm sure you will find the answers there. Join any time: https://t.me/globalreservecoin

[cryptoaddictchie]

We are talking about individual cases that break the standard perceptions, but if you look at the whole situation, many projects that start their way on DEX, they end up there, or go to CEXs, which are little-known compared to those CEXs that we are used to hearing about.

Oh yeah. Anyway if you are using dex on uniswap, pancakeswap and other popular one its not hard to get which one is next on binance target for listing. Im pretty sure I mentioned particular one here. Im not a saint but pretty obvious, that they will list them anytime sooner.

Want some potential listing insight? You heard of pendle finance? Not listed on major cex but only on dexes. Im not gonna suprise, one day Binance will list and other big ones. Its not just about how they start but how impactful they leave marks on community. Thats how hype and potential projects on dex become a cex aces.

Surely I did mentioned it and look they just did.

https://twitter.com/binance/status/1675752423057489921?t=V2-R9y9efS0mdKAR11Hl8w&s=19

Well I can see a lot of others like this potential on binance too. Some are even memes and very early on dexes too. Anyway will just keep it for myself, as dont want to make some speculation and blame me for you said it will get list. Just do your own. I can sense 3 to 5 projects that are good on dexes now including that. Well its up to anyone to find that out. So I disagree with you about dex project rarely got listed. You just need to look for those potential. Surely you know that not all are capable of that but why look on those shitty one observed those potential ones. If I could see few of them then its not so rare to happen after all.

[Xal0lex]

I agree, there are some projects which start their way on DEX and end their way on Binance. For example, PEPE project made such way just recently and it took only 1 month to do it. This is an incredible result. We are talking about individual cases that break the standard perceptions, but if you look at the whole situation, many projects that start their way on DEX, they end up there, or go to CEXs, which are little-known compared to those CEXs that we are used to hearing about.

I agree with you, that if we use probabilities, then statistically 99% of projects listed on DEX are scams or have no strategies to build up their project. However, you chose this criteria to analyse my project. I think this criteria means nothing and doesn't help analysis, because you can say that any project that lists on DEX first is useless. It's a lazy way to do research. As a psychologist, such an approach is most common among people, as they prefer easy automatic processing.

I'm not saying that all projects that run on DEX are useless. That's not the point. The point is that most projects that start with DEX end up there, too. These projects can contain a unique concept, a great product and other useful features. The problem with such projects, for all their usefulness, is the lack of funding. Without funding, any project, even with the most useful functions, is doomed to the fact that it will have weak support from investors, and therefore will have low liquidity. This is what we see with tokens that are listed on DEX and nowhere else. At the same time, a completely useless project can have a huge capitalization and be popular with investors, if this project has a budget from the beginning.

[yarik0409]

I agree, there are some projects which start their way on DEX and end their way on Binance. For example, PEPE project made such way just recently and it took only 1 month to do it. This is an incredible result. We are talking about individual cases that break the standard perceptions, but if you look at the whole situation, many projects that start their way on DEX, they end up there, or go to CEXs, which are little-known compared to those CEXs that we are used to hearing about.

I agree with you, that if we use probabilities, then statistically 99% of projects listed on DEX are scams or have no strategies to build up their project. However, you chose this criteria to analyse my project. I think this criteria means nothing and doesn't help analysis, because you can say that any project that lists on DEX first is useless. It's a lazy way to do research. As a psychologist, such an approach is most common among people, as they prefer easy automatic processing.

I'm not saying that all projects that run on DEX are useless. That's not the point. The point is that most projects that start with DEX end up there, too. These projects can contain a unique concept, a great product and other useful features. The problem with such projects, for all their usefulness, is the lack of funding. Without funding, any project, even with the most useful functions, is doomed to the fact that it will have weak support from investors, and therefore will have low liquidity. This is what we see with tokens that are listed on DEX and nowhere else. At the same time, a completely useless project can have a huge capitalization and be popular with investors, if this project has a budget from the beginning.

This is a myth. Shiba inu haven't spent a dollar on marketing until last year and they managed to get to top 10 cryptocurrencies at some stage before that. Actually, you are outlining a big problem. People think that a project with brilliant idea without a bidget is doomed. Actually, it just takes time for that project to grow. But coins with budget like Pepe, they buy their way in, but they are absolutely useless. So, they are pump and dump projects. If that's what you are looking for and you are a trader, that should be your strategy. However, if people are looking at serious projects to invest long-term they should always be looking at a team behind the project. So, if I see projects list on CEX, I would be more reluctant to invest in it, because they most likely paid their way in and don't have anything to offer.

Regards to your second point that projects start in dex die in dex. Statistically you can generalise like that as it's true for majority of cases. However, the implication you make from that is a myth, as I just explained above.

[Xal0lex]

I'm not saying that all projects that run on DEX are useless. That's not the point. The point is that most projects that start with DEX end up there, too. These projects can contain a unique concept, a great product and other useful features. The problem with such projects, for all their usefulness, is the lack of funding. Without funding, any project, even with the most useful functions, is doomed to the fact that it will have weak support from investors, and therefore will have low liquidity. This is what we see with tokens that are listed on DEX and nowhere else. At the same time, a completely useless project can have a huge capitalization and be popular with investors, if this project has a budget from the beginning.

This is a myth. Shiba inu haven't spent a dollar on marketing until last year and they managed to get to top 10 cryptocurrencies at some stage before that.

Of course, they got there for free Shiba Inu allocated very big money for the promotion of their project in various social networks, and even in tik tok. Memcoins are becoming famous for only one reason. Because someone gives a lot of money to promote this coin in the community and mentions about the coin goes viral. Nothing is free. Influencers, bloggers, and other opinion leaders never work for free. The fact that many people found out about Shiba Inu is precisely the result of marketing, or rather the cost of marketing. Judging by where SHIB is now, we can say that the costs have paid off in full.

[yarik0409]

I'm not saying that all projects that run on DEX are useless. That's not the point. The point is that most projects that start with DEX end up there, too. These projects can contain a unique concept, a great product and other useful features. The problem with such projects, for all their usefulness, is the lack of funding. Without funding, any project, even with the most useful functions, is doomed to the fact that it will have weak support from investors, and therefore will have low liquidity. This is what we see with tokens that are listed on DEX and nowhere else. At the same time, a completely useless project can have a huge capitalization and be popular with investors, if this project has a budget from the beginning.

This is a myth. Shiba inu haven't spent a dollar on marketing until last year and they managed to get to top 10 cryptocurrencies at some stage before that.

Of course, they got there for free Shiba Inu allocated very big money for the promotion of their project in various social networks, and even in tik tok. Memcoins are becoming famous for only one reason. Because someone gives a lot of money to promote this coin in the community and mentions about the coin goes viral. Nothing is free. Influencers, bloggers, and other opinion leaders never work for free. The fact that many people found out about Shiba Inu is precisely the result of marketing, or rather the cost of marketing. Judging by where SHIB is now, we can say that the costs have paid off in full.

Pepe allocated lots of money for promotion. Shiba Inu haven't spent a cent on promotion until the beginning of last year. I know the developer, we talk. So, I don't know where you get your info from. Shiba Inu community was so powerful, every exchange wanted to list Shiba Inu to gain their community members.

[yarik0409]

More guarantee will be visible once we purchase our first 2 oz 999.9 Gold Bar from Melbourne mint and we will store it there. So, only purchasing more gold and time will create more trust. You don't have to rush and buy in, if you are still afraid. You can wait a few months and see. I'm not here for pump and dump.

Yes, I'm working alone and in full control of the project.

Oh so are you planning to have this documented or visible on the public too? Like purchase order and the facility reveal? I think thats a lot of money to spend, yeah definitely will need to wait for that progress to see the full dedication first.

You dont have a team working on this? Only you, how can you possibly make this successful alone.

Everything will be visible for sure, including purchase documents. Can't do it it anonymously.

Only me leading the way and in charge of all processes. There are people that help me and there are those who I outsource. There is no room for clash of interests between part owners for the big project like this.

[cryptoaddictchie]

Everything will be visible for sure, including purchase documents. Can't do it it anonymously.

Only me leading the way and in charge of all processes. There are people that help me and there are those who I outsource. There is no room for clash of interests between part owners for the big project like this.

Let see. Just do it first mate, Im not judging you for all the project sake. Its gonna be shown if its really have potential. Actually dont mind the liquidity itself, if you arent worried. Pretty sure that you spend your own money on this, but be prepared to lose more since developing a project in crypto doesnt come cheap if you are dead serious about innovation especially you are relating your project with gold back currency.

[yarik0409]

Everything will be visible for sure, including purchase documents. Can't do it it anonymously.

Only me leading the way and in charge of all processes. There are people that help me and there are those who I outsource. There is no room for clash of interests between part owners for the big project like this.

Let see. Just do it first mate, Im not judging you for all the project sake. Its gonna be shown if its really have potential. Actually dont mind the liquidity itself, if you arent worried. Pretty sure that you spend your own money on this, but be prepared to lose more since developing a project in crypto doesnt come cheap if you are dead serious about innovation especially you are relating your project with gold back currency.

I'm not worried brother. This project will stand time as I'm dead serious about it. Nevertheless, I don't like big talk. Let the time be the judge of my words and let my actions be my mouth. I must remark though for everyone else, the earlier you invest in this project, the higher your return will be. High risk = high return. If you want to wait and see and buy later, no problem. Don't expect high returns then, but at least you will feel confident and secure with your investment👍🔐

[abel1337]

Everything will be visible for sure, including purchase documents. Can't do it it anonymously.

Only me leading the way and in charge of all processes. There are people that help me and there are those who I outsource. There is no room for clash of interests between part owners for the big project like this.

Let see. Just do it first mate, Im not judging you for all the project sake. Its gonna be shown if its really have potential. Actually dont mind the liquidity itself, if you arent worried. Pretty sure that you spend your own money on this, but be prepared to lose more since developing a project in crypto doesnt come cheap if you are dead serious about innovation especially you are relating your project with gold back currency.

I'm not worried brother. This project will stand time as I'm dead serious about it. Nevertheless, I don't like big talk. Let the time be the judge of my words and let my actions be my mouth. I must remark though for everyone else, the earlier you invest in this project, the higher your return will be. High risk = high return. If you want to wait and see and buy later, no problem. Don't expect high returns then, but at least you will feel confident and secure with your investment👍🔐

Let's see how the forum and the market will react on your project. I see that you are confident with your project but people won't be contented in that, they need results and product that seems profitable. If you are advertising your project as a high risk - high return project, it sounds sketchy to be honest, it's like a shitcoin way of advertising. It's exactly how thise shitcoin advertise their tokens. Let's see how your project develops over the time and if you can make a significant impact to the market given that your project concept is backed by gold.

[yarik0409]

Let's see how the forum and the market will react on your project. I see that you are confident with your project but people won't be contented in that, they need results and product that seems profitable. If you are advertising your project as a high risk - high return project, it sounds sketchy to be honest, it's like a shitcoin way of advertising. It's exactly how thise shitcoin advertise their tokens. Let's see how your project develops over the time and if you can make a significant impact to the market given that your project concept is backed by gold.

I'm not advertising my project as high risk. I say on early stages with low liquidity and not listed on major exchanges, people may perceive high risk in my project, because price is very volatile.

If you do research, there is no question of a scam or rugpull, because 100% of liquidity is locked for 6 months and I'm not anonymous. My identity is fully verified: my legal name, place of residence, my voice and face. There is no security risk.

On early stages of this project because of low liquidity the price is very volatile, which makes it a high risk investment, however if you see the foundation and future of the project, it is evident that that the high risk will be paid off with high return in the future.

Now, as we grow we will become low risk, just because our liquidty will grow and so, the number of holders. I'm fine if you guys want to invest in the future, because everybody will be investing then. Don't expect to make high return though, because the price will be much more stable.

Every high return project is high risk. That's the law of business. That's why you need to do research about the project to understand if it's legit or not.

[tengui]

I won't say "wow" because this project is not the only crypto project backed by gold (I mean I've come across several times). I suggest that you innovate by offering some advantages that other projects don't have, that way this project will attract a lot of investors' attention. apart from all that i am quite interested in crypto projects backed by gold.

[yarik0409]

I won't say "wow" because this project is not the only crypto project backed by gold (I mean I've come across several times). I suggest that you innovate by offering some advantages that other projects don't have, that way this project will attract a lot of investors' attention. apart from all that i am quite interested in crypto projects backed by gold.

You've heard of others that failed or something like PAX gold. If they weren't scams, I wouldn't make GRC. And the only indicator of how trustworthy is this project will be time. There is no need for utility or innovation. Gold stand the time and never failed unlike any other currency. So, we will see you on the other side.

[Xal0lex]

I'm not saying that all projects that run on DEX are useless. That's not the point. The point is that most projects that start with DEX end up there, too. These projects can contain a unique concept, a great product and other useful features. The problem with such projects, for all their usefulness, is the lack of funding. Without funding, any project, even with the most useful functions, is doomed to the fact that it will have weak support from investors, and therefore will have low liquidity. This is what we see with tokens that are listed on DEX and nowhere else. At the same time, a completely useless project can have a huge capitalization and be popular with investors, if this project has a budget from the beginning.

This is a myth. Shiba inu haven't spent a dollar on marketing until last year and they managed to get to top 10 cryptocurrencies at some stage before that.

Of course, they got there for free Shiba Inu allocated very big money for the promotion of their project in various social networks, and even in tik tok. Memcoins are becoming famous for only one reason. Because someone gives a lot of money to promote this coin in the community and mentions about the coin goes viral. Nothing is free. Influencers, bloggers, and other opinion leaders never work for free. The fact that many people found out about Shiba Inu is precisely the result of marketing, or rather the cost of marketing. Judging by where SHIB is now, we can say that the costs have paid off in full.

Pepe allocated lots of money for promotion. Shiba Inu haven't spent a cent on promotion until the beginning of last year. I know the developer, we talk. So, I don't know where you get your info from. Shiba Inu community was so powerful, every exchange wanted to list Shiba Inu to gain their community members.

You expect me to believe this nonsense about marketing a multi-billion dollar asset costing nothing, while in 2021 SHIB was being advertised all over tik tok and YouTube, and that you got your information from the developer of SHIB himself? All successful projects have a marketing budget, that's what differentiates successful projects from non-successful ones. The difference is having money for community promotion.

Can you confirm your information that you were told this by the developer himself? I can also say that I talked to satoshi in 2008

[yarik0409]

I'm not saying that all projects that run on DEX are useless. That's not the point. The point is that most projects that start with DEX end up there, too. These projects can contain a unique concept, a great product and other useful features. The problem with such projects, for all their usefulness, is the lack of funding. Without funding, any project, even with the most useful functions, is doomed to the fact that it will have weak support from investors, and therefore will have low liquidity. This is what we see with tokens that are listed on DEX and nowhere else. At the same time, a completely useless project can have a huge capitalization and be popular with investors, if this project has a budget from the beginning.

This is a myth. Shiba inu haven't spent a dollar on marketing until last year and they managed to get to top 10 cryptocurrencies at some stage before that.

Of course, they got there for free Shiba Inu allocated very big money for the promotion of their project in various social networks, and even in tik tok. Memcoins are becoming famous for only one reason. Because someone gives a lot of money to promote this coin in the community and mentions about the coin goes viral. Nothing is free. Influencers, bloggers, and other opinion leaders never work for free. The fact that many people found out about Shiba Inu is precisely the result of marketing, or rather the cost of marketing. Judging by where SHIB is now, we can say that the costs have paid off in full.

Pepe allocated lots of money for promotion. Shiba Inu haven't spent a cent on promotion until the beginning of last year. I know the developer, we talk. So, I don't know where you get your info from. Shiba Inu community was so powerful, every exchange wanted to list Shiba Inu to gain their community members.

You expect me to believe this nonsense about marketing a multi-billion dollar asset costing nothing, while in 2021 SHIB was being advertised all over tik tok and YouTube, and that you got your information from the developer of SHIB himself? All successful projects have a marketing budget, that's what differentiates successful projects from non-successful ones. The difference is having money for community promotion.

Can you confirm your information that you were told this by the developer himself? I can also say that I talked to satoshi in 2008

https://i.ibb.co/2dWdNfr/Screenshot-20230710-073324.jpg

https://i.ibb.co/BZMVMbp/Screenshot-20230710-073435-Twitter.jpg

https://i.ibb.co/8XxsKDt/Screenshot-20230710-073502-Twitter.jpg

[SlimShadyMmp]

Hmmh Gold-backed currencies with passive income wow So who is keeping the Gold Storage and why is the paasive income included Is the reserved gold going to be traded to make profit and who is trading it This just like something that doesnt make sense at all Like a plot of soon to be bad movies

[Ngemmeng]

Hmmh Gold-backed currencies with passive income wow So who is keeping the Gold Storage and why is the paasive income included Is the reserved gold going to be traded to make profit and who is trading it This just like something that doesnt make sense at all Like a plot of soon to be bad movies

basically stored gold will produce because the price of gold will continue to increase over time. well the movement does tend to be very slow but gold is the most popular and safest investment at the moment. and it is quite possible that gold backed crypto can be the safest investment or crypto asset today.

[yarik0409]

Hmmh Gold-backed currencies with passive income wow So who is keeping the Gold Storage and why is the paasive income included Is the reserved gold going to be traded to make profit and who is trading it This just like something that doesnt make sense at all Like a plot of soon to be bad movies

It's either a plot of a bad movie, or it's an absolutely genius project as it seems illogical to the extent that it feels like a bad movie. Please read the whole thread, there were some good questions and answers. Your questions are answered there.

[wxa7115]

I won't say "wow" because this project is not the only crypto project backed by gold (I mean I've come across several times). I suggest that you innovate by offering some advantages that other projects don't have, that way this project will attract a lot of investors' attention. apart from all that i am quite interested in crypto projects backed by gold.

You've heard of others that failed or something like PAX gold. If they weren't scams, I wouldn't make GRC. And the only indicator of how trustworthy is this project will be time. There is no need for utility or innovation. Gold stand the time and never failed unlike any other currency. So, we will see you on the other side.

Gold has indeed passed the test of time, but not your coin, if someone is worried about what is to come and they do not want to take a risk by holding their fiat then they might as well buy gold and hold it themselves.

By letting others hold their gold and instead by just holding a promise of such gold being stored somewhere else they are taking a massive risk for no gain to themselves, except yourself, and since that is the case then it will take you a massive amount of effort to convince other people to hold your coin.

[yarik0409]

I won't say "wow" because this project is not the only crypto project backed by gold (I mean I've come across several times). I suggest that you innovate by offering some advantages that other projects don't have, that way this project will attract a lot of investors' attention. apart from all that i am quite interested in crypto projects backed by gold.

You've heard of others that failed or something like PAX gold. If they weren't scams, I wouldn't make GRC. And the only indicator of how trustworthy is this project will be time. There is no need for utility or innovation. Gold stand the time and never failed unlike any other currency. So, we will see you on the other side.

Gold has indeed passed the test of time, but not your coin, if someone is worried about what is to come and they do not want to take a risk by holding their fiat then they might as well buy gold and hold it themselves.

By letting others hold their gold and instead by just holding a promise of such gold being stored somewhere else they are taking a massive risk for no gain to themselves, except yourself, and since that is the case then it will take you a massive amount of effort to convince other people to hold your coin.

Risk could be real or it could be perceived. To distinguish between the two, people have to strain their brains, do research, ask questions and critically analyse the idea. So, no point discussing risk of the project unless you have done all the above steps. I'm not here to change your percieved (imagined/assumed from previous experience) risk. Once you analyse the project and all the information available about it, then we can discuss whether you should invest or not. Until then, it's just a small chat which comes from laziness and automatic processing of infromation which is so attractive for human nature. That's why there are not many successful people in the world.

[yarik0409]

I won't say "wow" because this project is not the only crypto project backed by gold (I mean I've come across several times). I suggest that you innovate by offering some advantages that other projects don't have, that way this project will attract a lot of investors' attention. apart from all that i am quite interested in crypto projects backed by gold.

You've heard of others that failed or something like PAX gold. If they weren't scams, I wouldn't make GRC. And the only indicator of how trustworthy is this project will be time. There is no need for utility or innovation. Gold stand the time and never failed unlike any other currency. So, we will see you on the other side.

Gold has indeed passed the test of time, but not your coin, if someone is worried about what is to come and they do not want to take a risk by holding their fiat then they might as well buy gold and hold it themselves.

By letting others hold their gold and instead by just holding a promise of such gold being stored somewhere else they are taking a massive risk for no gain to themselves, except yourself, and since that is the case then it will take you a massive amount of effort to convince other people to hold your coin.

Heads up guys! Listing on Coinsbit aexchange on the 4th of August, don't miss ou!