Topic: [ANN] numistoken.com - Collectable Coins on Ethereum (Read 100 times)

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[Reserved for questions]

Introducing NumisToken, the worlds first digital numismatic coin storage service.


We take physical collectable ("numismatic") coins, attach them to an ERC-721 non fungible token and provide secured, insured and audited vaulting for a low fee. As ERC-721 is a non fungible token and directly attached to physical assets we do not classify this as an ICO but rather a physical asset sale coupled with ongoing management. Under Australian Financial Services legislation we do not believe NumisToken qualifies as a Managed Investment Scheme.

This allows you to own numismatic coins while;

• Being able to transfer digital ownership, 24 hours per day, 7 days per week
• Retaining a digital asset directly attached to a secured physical asset
• Allow physical redemption of your coins on demand
• Display your digital coin collection at meets knowing they remain securely vaulted

Base Terms

• We collect an amortised storage fee equivalent to 1% per year of the physical coins value
• All physical coins are individual numbered with validation certificates
• All ERC-721 mint events are coupled with unique Physical Asset Identity Documentation
• All physical coin stocks are audited yearly and compared with on-chain data - results are published
• All physical coins are insured for their fair replacement value
• All initial purchases include a refundable 5 years storage prepaid, stored within your tokens ETH balance
• All initial purchase an redemption requestors must pass Australian KYC & AML identity verification requirements

How does it work?

• 1. Purchase Ethereum from your local exchange
• 2. Deposit your committed ethereum
• 3. We acquire your physical asset and assign it's unique identifier within our ERC-721 contract
• 4. We register Physical Asset Identity Documentation (PAID) for your token via the ethereum chain
• 5. When charging storage fees we draw down on your token's ETH balance

Status: Pre Registration Open!

To register your interest in this service please visit our site at: https://www.numistoken.com/

We encourage any questions you might have in this thread and look forward to hearing from you soon.

Currently Available Tokens
Mini Roo 2018 0.5g Gold Coin with 0.0095 included ETH: 0.19 ETH
Diwali Festival 2018 1g Gold Coin with 0.015 included ETH: 0.3 ETH
Chinese Astrological Series 2018 'Prosperity' 1/5oz Gold Coin with 0.1025 included ETH: 2.05 ETH
Royal Wedding 2018 1/4oz Gold Coin with 0.1175 Included ETH: 2.35 ETH
End of WWI 100th Anniversary 2018 1/4oz Gold Coin with 0.1175 Included ETH: 2.35 ETH
Australian Kangaroo 2018 1oz Gold Coin with 0.4375 Included ETH: 8.75 ETH
Pink Panther 2018 10oz Pink Gold Diamond Ingot with 8.5 Included ETH: 170 ETH

About NumisToken
NumisToken is the trading name for Bitcoin Vault Ptd Ltd, a subsidiary of Biza Pty Ltd. NumisToken verifiably acquires, securely stores and provides administration of precious numismatic coins. We currently use the services of an established Australian vaulting provider, trustworthy product suppliers and a worldwide insurer to manage your digital ownership of physically secured precious metal assets.

About Me
Hi, my name is Stuart Low. I've been a member of BitcoinTalk since 2012 and hail from Australia. I am the Co-Founder & CEO of Biza Pty Ltd, a company founded in 2017 focused on blockchain opportunities within nascent blockchain & cryptocurrency sectors. While we have an enterprise software focus, while developing our software products we have established multiple retail blockchain offerings including The Blockchain Wallet, XBass/io and Numis Token