Topic: 📢🔥[ANN]🚀 eGOLD MINING - Earn a Growing Monthly Passive Income📢🔥 - page 2. (Read 712 times)

10% of net profits will be used to buy gold ETFs, these will be put into an escrow account and will only be available in case EGM goes out of business.

How this helps you is your tokens base value is getting insured by these gold ETFs so it gives your token a real FIAT minimum value. And as we keep backing it with more gold ETFs, your investment will keep getting more and more insured.
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That makes sense, thanks!

10% of net profits will be used to buy gold ETFs, these will be put into an escrow account and will only be available in case EGM goes out of business.

How this helps you is your tokens base value is getting insured by these gold ETFs so it gives your token a real FIAT minimum value. And as we keep backing it with more gold ETFs, your investment will keep getting more and more insured.

You are going to be a registered security token in the United States?

I hope you don't mind me flairing your project. I love the whole concept! By the way this is Jason from telegram lol.

I like your idea, at least what I understood from the white paper. I am an investor in IRM and they have done a terrible job so I'm not too keen on mining ICOs. I see you are going to back your tokens with gold ETF? How do you plan on doing that? How does this help me out as an investor?

The coins we will be mining will be converted to ETH and paid directly to the eGM token holders wallet address.

All KYC/AML procedures must be followed by the exchanges we will be listing on (per SEC rules) so there should be no worry about manipulation. Besides, this is a token you want to hold for a long time as that's how you make the most money out of it.

that's not the problem in my opinion, but whether the coin can be mined now and we can pull and sell.
indeed transparency is needed, but I hope there is no manipulation at the end of the story

Quick heads up! I had this ANN thread made by the person above using fiverr (have proof if needed). I am not affiliated with him in anyway, but eGold Mining is my company and is legit. Feel free to come to our telegram group to talk - t.me/egoldmining




Great questions! There's a number of reasons why we are better than these other companies.

1) Based in USA - cannot run this operation without compliance with the law which we are currently undertaking. This is why we are NOT accepting any investments currently.

2) Diversification of Mining - we are going to be mining several different algorithms so we are not solely dependent on just one. This is a way to ensure profits for token holders.

3) Timing of Mining - we will be mining at a time where hardware is inexpensive. Compare this to a few months ago, and the machines coming out now are better and cheaper.

If you join our telegram chat - https://t.me/egoldmining, you will realize that we are completely transparent and are required to be so by USA security laws.

I used to be an investor in these mining companies. I saw what they did wrong. I took out everything I hated about all these companies and made a plan that will beat out all these companies in the future. One of the main things is transparency. No one in the mining industry is completely open about their operation and I want to set a new standard for that.