Topic: [ANN] Garnex | Return to the gold standard - page 29. (Read 3777 times)
You are holding a contest with a prize of $ 1,500. When will the prize draw be held?
Will all funds received from the sale of tokens be used for exploration and mining of precious metals?
If I understand correctly, all the money will be directed to geological exploration, production and the creation of a token
The mining industry requires high costs for geological exploration. But after the extraction of precious metals it pays off at times
The funds are being used to scale the development of the mine, build out our blockchain capabilities and payments network, secure new partnerships.
Do you plan to mine gold in countries other than the United States? Do you have partners in Africa or Latin America?
Will the cost of 1 AU token be equal to 1 gram of gold?
This information is indicated on the project website.
Garnex leverages real-world assets to provide price stability to digital assets. Based on 1:1 (1/1000 oz/AU) gold/ounce allocation from all Garnex mined gold, GLD creates a true store of value and extends this offering to the international market creating one of the first globally accessible on-ramps for investors and speculators to gain exposure to above-ground gold & commodities.
That is, for each purchased token, you redeem gold and will keep it in the bank?
Garnex does not need to buy gold, they have it in storage
That is, roughly speaking, you are selling your gold reserves for tokens? Why do you think the price of your token will rise?
When does the main token sale begin? In what currency do you most often accept investments?
What is the difference between AU and GLD tokens?
1 ounce of gold is 1000 AU tokens
That is, the price of the AU token will always depend on the price of the token? This will make the AU token one of the most stable assets that can be used as a means of payment.
Cryptocurrencies are highly volatile. Garnex creates a token supported by gold. This will contribute to the popularity of the token in many areas of business.
What is the difference between AU and GLD tokens?
1 ounce of gold is 1000 AU tokens
That is, the price of the AU token will always depend on the price of the token? This will make the AU token one of the most stable assets that can be used as a means of payment.
Will the cost of 1 AU token be equal to 1 gram of gold?
This information is indicated on the project website.
Garnex leverages real-world assets to provide price stability to digital assets. Based on 1:1 (1/1000 oz/AU) gold/ounce allocation from all Garnex mined gold, GLD creates a true store of value and extends this offering to the international market creating one of the first globally accessible on-ramps for investors and speculators to gain exposure to above-ground gold & commodities.
That is, for each purchased token, you redeem gold and will keep it in the bank?
Garnex does not need to buy gold, they have it in storage
I like that you create a token whose price will be stable. Does this mean that when I trade in a token, I trade in gold?
In order to realize your ideas you need to attract at least $ 1 million?
In early 2020, do you want to create a charity fund? What projects do you plan to finance?
Will all funds received from the sale of tokens be used for exploration and mining of precious metals?
If I understand correctly, all the money will be directed to geological exploration, production and the creation of a token
The mining industry requires high costs for geological exploration. But after the extraction of precious metals it pays off at times
The funds are being used to scale the development of the mine, build out our blockchain capabilities and payments network, secure new partnerships.
Will you buy gold to provide backing GLD tokens?
Can I buy your tokens using pay pal?
How to get payment details?
Yes. You can register on the site and buy tokens through pay pal
Garnex accepts paypal, fiat, bitcoin and ethereum
What is the difference between AU and GLD tokens?
1 ounce of gold is 1000 AU tokens
Can I buy your tokens using pay pal?
How to get payment details?
Yes. You can register on the site and buy tokens through pay pal
What will be the value of transactions in the blockchain?
Why do you use the Ethereum blockchain to create a token?
This blockchain is currently experiencing scaling issues.
If the Ethereum blockchain performs all the tasks set by the Garnex project, then there is no point in looking for something else
Will all funds received from the sale of tokens be used for exploration and mining of precious metals?
If I understand correctly, all the money will be directed to geological exploration, production and the creation of a token
The mining industry requires high costs for geological exploration. But after the extraction of precious metals it pays off at times
Are you planning to create and issue your debit card?
Yes. The team announced the release of its debit card. Perhaps on the card it will be possible to automatically convert tokens to fiat
Will the cost of 1 AU token be equal to 1 gram of gold?
This information is indicated on the project website.
Garnex leverages real-world assets to provide price stability to digital assets. Based on 1:1 (1/1000 oz/AU) gold/ounce allocation from all Garnex mined gold, GLD creates a true store of value and extends this offering to the international market creating one of the first globally accessible on-ramps for investors and speculators to gain exposure to above-ground gold & commodities.
That is, for each purchased token, you redeem gold and will keep it in the bank?
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