GOLD BACKED COIN (GBC)
WORLD'S BEST VIRTUAL CURRENCY FULLY BACKED BY GOLDhttp://www.gbc.is/res/gbc_betalogo.png
ANNOUNCINGSimply stated,
Gold Backed Coin (GBC) is a revolution in its field. Its 100 % backing by physical gold adds a new dimension to the term cryptocurrency:
There will be price stability downwards, while upwards there is no limit, and the free market defines the price.
ISSUINGDriven by a new concept, GBC differs from all other virtual currencies. Gold Backed Coins are
issued following a book building process in which their current price is to be defined. Prospective holders hand in their orders by choosing a price within a given span. The maximum order volume will be calculated to serve the demand – and it may well be that the individual user gets GBC for a price cheaper than ordered. The first book building will take place from April 9, 2014 15:00 (CET) to April 22, 2014 15:00 (CET).
TRADINGGold Backed Coins are
tradable online within the Ripple network. Existing since 2011, this is an advanced system for trading currencies safely and quickly against each other worldwide. The prime place for trading GBC is the
GBC/BTC market integrated in the Ripple network – but users can easily create new markets in which to buy or sell GBC against other currencies.
MINIMUM PRICE GUARANTEEInterventions on the GBC/BTC market will happen,
should the market price drop below the backed value of the coin. The physical gold reserves will be used to guarantee investors this important advantage.
AMOUNT OF COINSThe exact amount of GBC in circulation
will depend on the specific demand during the book building processes. In any case, all GBC will be backed by one tenth of an ounce of gold per coin.
SPECSCurrency code: GBC
Value: Backed by one tenth of an ounce of gold per coin
Issuance: Via book buildings on
http://www.GBC.isTrading place: Ripple network (mainly GBC/BTC market)
Requirements: On Ripple grant trust to the correct issuer
Issuer address: rG52A1pZBGER9tCvTdVh3zf1WJokjjVfJu
Options: Tradable against all currencies on Ripple
Guarantee: Price guarantee active below gold backed value
Maximum: Defined by demand
SPECIAL ADVICEBecome a lucky winner: Register an account or subscribe to our newsletter in order to take part in the competition! 13 GBC will be the prize for the winners. Find more details on our website!
MORE INFORMATIONHomepage: http://www.gbc.is- Info:
http://www.gbc.is/info- News:
http://www.gbc.is/news- Tutorial:
http://www.gbc.is/tutorial- Order:
http://www.gbc.is/order- FAQ:
http://www.gbc.is/faq - Register:
http://www.gbc.is/register - Newsletter:
http://www.gbc.is/newsletterContact: support@gbc.isOther Sources: - Facebook:
https://www.facebook.com/pages/GBC-Gold-Backed-Coin/273646059461457?fref=ts- Twitter:
https://twitter.com/GoldBackedCoin - iOS App:
https://itunes.apple.com/us/app/gbc-gold-backed-coin/id841402612?mt=8Take part in the book building! We are looking forward to serving your orders for Gold Backed Coins.
