I am curious for more information. I hope it will not be just a simple ICO coin as so many over the last weeks.
FROM FACEBOOK OCT2017 : GCR will be exchanged for COINXION GOLD-BACKED ERC20 TOKEN:
"Anupkumar Bairagi
12 October at 22:18
Latest Update
--CoinXion is a Crypto Currency peer to peer ecommerce application that is to say you will be able to buy and sell things directly using crypto currency.
— GCR will be exchanged for a new ERC20 token at a ratio of 1:1 (you give 1 GCR you get 1 new token). There will be a 24 month (2 year) term where the exchange between GCR and the new token will be available, however, if the GCR network fails or all the GCR is bought up before that period the exchange between the two tokens will become unavailable.
—The new token will be pegged to 1 gram of gold on the website however it will take some time to stabilize, the rate at which it stabilizes is dependant upon the users. The more the site is used the quicker this price will stabilize. Make sure you have things ready to sell on the site; pictures, prices, shipping costs etc.
—Don't lose sight of how important this application is in the Crypto Currency community, it is not just about getting rich for holding GCR... You are responsible for keeping up to date with information and are lucky to be in the position to even receive information about such a project.
—Launch is tentatively set for Dec. 31 2017 it may take longer it may be shorter but the fact is it will launch when its ready to be launched. Everyone will be notified when the site is ready to be used.
—The CoinXion competition has ended and winners will be notified in due time, please dont ask if you're submission has been received or when winners will be chosen.
—Please keep conversations limited to the CoinXion application ex; Your products for sale, Your goals you hope to achieve, Your plans to support and grow the site, What you are hoping to buy.
—If you are looking for recent updates and are using Telegram on your phone please do the following: 1. Tap "COINXION" at the top center of the page and a drop down menu will open. 2. The very first icon on the left of the drop down menu is labeled "Search" with a magnifying glass image, click on that. 3. In the resulting text box type "!Update" without the parethesis. 4. It will allow you to cycle through all tagged posts using the up and down arrows just above your keyboard on the left hand side.
—Please refer newcommers or people with common questions to this post
Do you think that will help at all if we point people to read that post when they have questions?"