I often encounter projects that are backed up by gold with stable prices following the price of gold but that in exchanges not match reality.
one question for the team is how to keep Metalblock prices stable following the gold price if the buyer wants a price below what is offered
Topic: [ANN] Metal Block ⚡ A Token Backed by Gold ⚡ (Read 264 times)
The Metalblock project is REAL. Every single documentation can be checked and double-checked on the official sourses. The person, who was hired to do white paper probably took some parts from net. Since, exist similar projects. And he is already facing the consequences, be sure. But the fact is – not white paper, it’s about documentation and proofs. And all of them are disclosed in a clear and transparent way. Thank you for your comment. We appreciate it and will fix immediately.
One thing I admire after going through there website is that they are doing this in collaboration with government of ivory coast and have reserved some funds for development of local infrastructure. Lets hope something good comes out of this project for deprive people of ivory coast, whose wealth are greatly abused by big powers in the past.
We defiantly need tokens that are backed by some real thing like gold/USD. There are countless coins coming in the market that a just coins (payment system) and they neither have any real world use case nor have backing of any physical stuff.
I personally think that pegged coins like this one will have big success in future.
I personally think that pegged coins like this one will have big success in future.
Don't get me wrong for I'd just be asking. Isn't projects like pegged by gold often a scam?
Several projects like this in the past had been subject to being centralize that whenever there is the need for audit, the centralize nature of it will cause doubts to its investors.
How do we Work
For every token, we have equivalent reserve of gold with the license for 100 hectars. The token is issued with total supply of 5,000,000 tokens to give investors the opportunity to invest in this project at a big discount in order to help us facilitate the gold mining processes. 1 MTBK = 0.02 grams of gold, which is approximately 1$.There is no way we can verify reserve gold and hectars in the contract where it physically exist of not, which is why its going to fail.
We understand your concern and your concerns are already clarified in our following videos. please check and lets us know if you have any more query.
To know more about our license and collaboration with government, please refer to our documentation section. https://metalblock.io/documents/
Don't get me wrong for I'd just be asking. Isn't projects like pegged by gold often a scam?
Several projects like this in the past had been subject to being centralize that whenever there is the need for audit, the centralize nature of it will cause doubts to its investors.
How do we Work
For every token, we have equivalent reserve of gold with the license for 100 hectars. The token is issued with total supply of 5,000,000 tokens to give investors the opportunity to invest in this project at a big discount in order to help us facilitate the gold mining processes. 1 MTBK = 0.02 grams of gold, which is approximately 1$.There is no way we can verify reserve gold and hectars in the contract where it physically exist of not, which is why its going to fail.
We offer a Safe, Stable and Profitable ERC20 GOLD - BACKED TOCKEN, pegged to the price of gold. Gold is mined directly from Ivory Coast, Western Africa. We are present in Trust Wallet. Find Metalblock MTBK ERC20 to check.
How do we Work
For every token, we have equivalent reserve of gold with the license for 100 hectars. The token is issued with total supply of 5,000,000 tokens to give investors the opportunity to invest in this project at a big discount in order to help us facilitate the gold mining processes. 1 MTBK = 0.02 grams of gold, which is approximately 1$.
Metal Block FIRST IEO ROUND STARTS ON MARCH, 10 2020
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Contact Address
Kotia Hedge LTD: Company number
11839880 Registered office
address71-75 Shelton Street, London,
Greater London, United Kingdom, WC2H 9JQ
Kotia Hedge LTD: Company number
11839880 Registered office
address71-75 Shelton Street, London,
Greater London, United Kingdom, WC2H 9JQ
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