[ANN] xEUR - an EURO backed Erc20 Token, exchangeable and redeemable at any time

frogpoet

member

Activity: 140

Merit: 11

I hope this forum is still alive - there has been no activity for at least 120 days.

congratulations - you all were listed on CoinMarketCap today!

so because of that, I've added a slot for your coin to the voting page for my book. I'm writing a book called Altcoin Investigation 2019-08, and the contents are determined by votes. People vote on which coins they want to be included in the book, and then I try to include as many as I can that get the most votes, because there's no way I could possibly find the time to cover them all. Anyways, I try to update the book every day, and it is currently free. Every time I update it you can go back and download the latest at no charge.

you can vote for xEUR here : http://altcoininvestigation.com?utm_source=bitcointalk&utm_medium=xEUR. just find the button that correspond to xEUR and click on it to cast a vote - you can vote as many times as you like. the download link for the book is on the same page. If you choose to download the book, you will see a price slider after clicking on the link - just slide it all the way to the left to get it for free. (or if you are feeling generous, you could always pay whatever you want for it

)

rosstechldn

newbie

Activity: 49

Merit: 0

ok, so -> redeemable --> means you can ask ALL SHARES to redeem the xEUR token within 48 hours for fiat (SEPA, SWIFT), or for cryptocurrencies (BTC, ETH, etc)

Where are these tokens redeemable exactly? Lets say I buy 200,000 today and in 2 months time i want to redeem for EUR 200,000 where can this be done exactly and who will assign a value of 1 eur for every 1 of your tokens?

If you can go into your business model a bit that would be great

BMH

newbie

Activity: 21

Merit: 0

Quote from: rosstechldn on June 21, 2018, 11:00:08 AM

hmmm, ok so how is this backed by a euro per token exactly, can you please break it down nice and simple so a dummy like me can understand..because i dont after reading your intro

also please clarify exactly what (exchangeable and redeemable at any time) means, exchange into what and redeem against what?

Hi rosstechldn,

exchangeable --> means you can exchange the token freely with anyone (OTC, exchanges)
redeemable --> means you can ask ALL SHARES to redeem the xEUR token within 48 hours for fiat (SEPA, SWIFT), or for cryptocurrencies (BTC, ETH, etc)

With tether or trueusd, 1 token = 1 dollar on a bank account.
vs
With xEUR, 1 token = 1 euro equivalent in euro bonds on a brokerage account.

I think there is as many business models as stable coins.
Of course all have advantages and disadvantages.

rosstechldn

newbie

Activity: 49

Merit: 0

hmmm, ok so how is this backed by a euro per token exactly, can you please break it down nice and simple so a dummy like me can understand..because i dont after reading your intro

also please clarify exactly what (exchangeable and redeemable at any time) means, exchange into what and redeem against what?

BMH

newbie

Activity: 21

Merit: 0

Sure Janasey, you can be involved (advisor or partner) in this project.
Can you send me a PM.

Janasey

newbie

Activity: 172

Merit: 0

The project is very interesting. I would be happy to be involved in this project. Good luck!

BMH

newbie

Activity: 21

Merit: 0

I accept that you have little or no trust (how could it be different, you do not know me, I just post few words on this thread, you live on another continent).
I am here to present the project and receive feedbacks. You are welcome.

Trust needs time to build.

BMH

newbie

Activity: 21

Merit: 0

@CryptoTamer

Hi, thanks for your reply.

Quote

Is there an exchange that supports CryptoCurrencies trading pair with xEUR? If you don't have it then that means you are too early to make that claim. Do not claim something big if your project has not reached it!

Currently there is no exchange where you can negociate xEUR token.
I am working on it, I would like firstly popularize the idea of an euro stable coin because as you know liquidity is very important for exchanges.
The xEUR can exist even without been listed on exchanges (OTC transactions only).

Quote

-, Please explain what can make me believe in this PDF file? I think you need to think about ways to provide strong evidence about the company capital because it's important for transparency and we need to compare it with xEUR Circulating supply

The company existence and capital can be verified with the french official Trade and Companies Register website.
You can also verify the Articles of Incorporation, and see the name of the statutory auditor.

(links are in french)
- https://www.infogreffe.fr/entreprise-societe/835404567-black-moon-holding-750118B051950000.html
- https://www.infogreffe.fr/entreprise-societe/838679199-all-shares-750118B109340000.html

I will publish every month statment of my broker and/or statment of my statutory auditor about the holdings.

Quote

please give me more information or proof that we can redeem xEUR for FIAT

For an investor willing to redeem the xEUR token, the process is:
- fill this form and send bank account details by email
- send the tokens to an adress I will provide
- bank wire (SEPA or SWIFT) is done within 48 hours

CryptoTamer

full member

Activity: 364

Merit: 101

Quote from: BMH on June 21, 2018, 04:58:23 AM

@CryptoTamer

What exactly do you expect from an ERC20 stable coin token to trust it?

It's simple, just need to prove that your project claims are true;

Quote from: BMH on June 19, 2018, 09:42:37 AM

The xEUR token is:
- redeemable at any time for cryptocurrencies or fiat (SEPA or SWIFT transfer)

Is there an exchange that supports CryptoCurrencies trading pair with xEUR? If you don't have it then that means you are too early to make that claim. Do not claim something big if your project has not reached it! because it's the same as nonsense
and please give me more information or proof that we can redeem xEUR for FIAT

Quote from: BMH on June 21, 2018, 03:51:07 AM

company capital : Articles of Incorporation

-, Please explain what can make me believe in this PDF file? I think you need to think about ways to provide strong evidence about the company capital because it's important for transparency and we need to compare it with xEUR Circulating supply

BMH

newbie

Activity: 21

Merit: 0

Quote from: QueenOfCrypto on June 21, 2018, 05:39:49 AM

I still didn't understand which mechanism would ensure that the tokens would be really backed by Euros. Doesn't seem a trustless mechanism, on the contrary!

It's very technical.
A xEUR token represents the pledge (non-possessory security right) of an ALL-001 share.
The shares ALL-001 are invested in euro zone bonds (Share Classes).
An independent auditor ensures the continuous monitoring of the accounts (check investments, calculate net asset value).
Of course, trust is necessary - we do not pretend to have the ultimate solution but to be a company with a product that meets a need -
It's a centralized and private financial service (like tether, trueusd, etc).

@Rati24
Thanks for your interest!

Rati24

full member

Activity: 462

Merit: 103

I was very interested in the project. Slightly read white paper how many plans, just eyes scatter. But I think that in time the team will be able to realize all this, because it already shows how the guys work and what they are striving for. And even not very wealthy people, due to the bounty and the project's referral programs, can multiply their capital. I follow all their news. The project is very promising and will make a good profit.

QueenOfCrypto

full member

Activity: 564

Merit: 104

I still didn't understand which mechanism would ensure that the tokens would be really backed by Euros. Doesn't seem a trustless mechanism, on the contrary!

cryptonitro

full member

Activity: 348

Merit: 119

Quote from: CryptoTamer on June 21, 2018, 04:56:00 AM

Quote from: cryptonitro on June 20, 2018, 04:29:33 AM

Quote from: BMH on June 20, 2018, 04:22:51 AM

I will list today the token xEUR on Forkdelta

you just suicide yourself ! and proove you are scam

backed FIAT cant be legaly on dex ...

tu devrais avoir honte

You are right cryptonitro, and for BMH I think you need to know that this forum is not a good place to promote a scam project bro, and You better stop making jokes in this forum! Scam projects like this are very classic, I've found a lot of nonsense about FIAT that backed ERC20 tokens

i Didnt say its scam , we can't took attive conclusion , i'm french and i checked , the company is legit and registred from april .
You cant really stole money or scam people, like in scammy MN project or else , when you have a capital dedicated to warranty investor backup and a registred company , it would be suicide to try a scam with a legit company in france.

Then it will depend which way this project go. as i told BMH , i think traders, even european ones , trade vs usd on fiat trade,and when we want Euro we go for exchange to fiat directly , like kraken ... and Euro is in a bad way actually.
And probably hard to hit big exchange , and there is other project going for crypto eur backed 1:1, like jibrelnetwork will try to do with jcash on many fiat. even theter with EURT

BMH

newbie

Activity: 21

Merit: 0

@CryptoTamer

What exactly do you expect from an ERC20 stable coin token to trust it?

CryptoTamer

full member

Activity: 364

Merit: 101

Quote from: cryptonitro on June 20, 2018, 04:29:33 AM

Quote from: BMH on June 20, 2018, 04:22:51 AM

I will list today the token xEUR on Forkdelta

you just suicide yourself ! and proove you are scam

backed FIAT cant be legaly on dex ...

tu devrais avoir honte

You are right cryptonitro, and for BMH I think you need to know that this forum is not a good place to promote a scam project bro, and You better stop making jokes in this forum! Scam projects like this are very classic, I've found a lot of nonsense about FIAT that backed ERC20 tokens

BMH

newbie

Activity: 21

Merit: 0

Quote from: ranggenga on June 21, 2018, 04:29:23 AM

Since it's backed by the EURO currency, does this means it will have the same exchange value as the EURO currency itself?
How about the exchange value between this xEUR and another currency?

Hi ranggenga,

Price of the xEUR token is backed by euro bonds investments:

iShares Core € Govt Bond UCITS ETF 30.00 %
iShares € Inflation Linked Govt Bond UCITS ETF 30.00 %
Vanguard EUR Corporate Bond UCITS ETF 30.00 %
Cash 10.00 %

To start, the price is 1 xEUR token = 1 euro.
Guaranteed by ALL SHARES, if you want to redeem 1000 xEUR tokens, you will receive 1000 euros on your bank account (minus fees).
The price may then fluctuate slightly depending on the market demand and the performance of the underlyings (the euro bonds)

xEUR can be exchanged with crypto and others currencies simply at the market rate when the transaction takes place.

ranggenga

sr. member

Activity: 714

Merit: 250

Since it's backed by the EURO currency, does this means it will have the same exchange value as the EURO currency itself?
How about the exchange value between this xEUR and another currency?

BMH

newbie

Activity: 21

Merit: 0

0xfed0bf9521790bca5b8eceed0d195dcbcf2ef0b8 adress is the wallet of ALL SHARES.
This adress is only used to distribute tokens to buyers. Tokens stocked on this address have no concrete value and can no way be considered as circulating supply.

I understand that you would have preferred that the creation of tokens be realized as and when they are distributed?

cryptonitro

full member

Activity: 348

Merit: 119

Quote from: BMH on June 21, 2018, 03:51:07 AM

I know what is DEX.
Where is it written that a token backed on fiat value cant be on decentralised exchange?

About the company capital : Articles of Incorporation

You cant back 500,000 if you have only 111 000....

BMH

newbie

Activity: 21

Merit: 0

I know what is DEX.
Where is it written that a token backed on fiat value cant be on decentralised exchange?

About the company capital : Articles of Incorporation

cryptonitro

full member

Activity: 348

Merit: 119

Quote from: BMH on June 20, 2018, 04:33:14 AM

What?

legaly usdt / tusd and this sort of token backed on fiat value cant be on decentralised exchange (DEX), and Forkdelta is one.
You dont know what dex mean ? ...promising....

send your company information , just to see your capital

BMH

newbie

Activity: 21

Merit: 0

I'm not sure I understand. I see a lot of skepticism in the posts.
What exactly do you expect from a stable coin token to trust it?

BMH

newbie

Activity: 21

Merit: 0

What?

cryptonitro

full member

Activity: 348

Merit: 119

Quote from: BMH on June 20, 2018, 04:22:51 AM

I will list today the token xEUR on Forkdelta

you just suicide yourself ! and proove you are scam

backed FIAT cant be legaly on dex ...

tu devrais avoir honte

BMH

newbie

Activity: 21

Merit: 0

I will list today the token xEUR on Forkdelta

BMH

newbie

Activity: 21

Merit: 0

Quote from: magentarendro11 on June 19, 2018, 02:28:42 PM

roughly how much xEUR price when listing is exchanged, I am very curious to want to find out, if you know it is amazing

Price will be 1 xEUR token = 1 euro.
Guaranteed by ALL SHARES, if you want to redeem 1000 xEUR tokens, you will receive 1000 euros on your bank account (minus fees).
The price may then fluctuate slightly depending on the market demand and the performance of the underlyings (euro bonds)

There is strict equality among the xEUR token holders - nobody can get it at a discounted price -.

magentarendro11

newbie

Activity: 154

Merit: 0

roughly how much xEUR price when listing is exchanged, I am very curious to want to find out, if you know it is amazing

BMH

newbie

Activity: 21

Merit: 0

@rgsnedds
I can see that the initial creation of all the tokens is a problem for you.
Do you mean that you would have preferred that the creation of tokens be realized as and when they are distributed?

@proo7
Of course, although it is very popular the tether token is questionable, so alternatives are necessary.

proo7

jr. member

Activity: 210

Merit: 6

Quote from: BMH on June 19, 2018, 02:03:21 PM

Quote

so Black Moon Holdings has €111,111 in shares.
yet you want to create a token backed 1:1 on €uro and you have 500Million tokens.

there is a shortfall of €499,888,889

Yes, that's right.
500 000 000€ is the max potential and it's a legal limitation for my type of company.

I start with low circulating supply and I plan to increase slowly the distribution of tokens.
If you check Tether token started with 251,000 USD of circulating supply in 2015 (link).
Today they have a total capitalization of more than 2,5 billions USD.

My question is : do investors/traders/companies need a stable token pegged to the euro?
I think the answer is yes that is why I incorporated this company.

Then this is not backed by EURO,
it is backed by 'potential'.
If Thether is your role model ....this is no good at all Roll Eyes

BMH

newbie

Activity: 21

Merit: 0

Quote

so Black Moon Holdings has €111,111 in shares.
yet you want to create a token backed 1:1 on €uro and you have 500Million tokens.

there is a shortfall of €499,888,889

Yes, that's right.
500 000 000€ is the max potential and it's a legal limitation for my type of company.

I start with low circulating supply and I plan to increase slowly the distribution of tokens.
If you check Tether token started with 251,000 USD of circulating supply in 2015 (link).
Today they have a total capitalization of more than 2,5 billions USD.

My question is : do investors/traders/companies need a stable token pegged to the euro?
I think the answer is yes that is why I incorporated this company.

rgsnedds

member

Activity: 952

Merit: 17

raskul

Quote from: BMH on June 19, 2018, 10:47:35 AM

@gobisirom

Quote

i don't see any €.. all i see are self-made tokens.

I can understand trust (and proofs) is very important for you.
I will publish every month statment of my broker and/or statment of my statutory auditor about the holdings.

You can see how much money there is in the company currently by reading the Articles of Incorporation.
I am very transparent with that.

Do you ask questions because you could be a user of this token or are interested in the idea of stable coin?

so Black Moon Holdings has €111,111 in shares.
yet you want to create a token backed 1:1 on €uro and you have 500Million tokens.

there is a shortfall of €499,888,889

BMH

newbie

Activity: 21

Merit: 0

@gobisirom

Quote

i don't see any €.. all i see are self-made tokens.

I can understand trust (and proofs) is very important for you.
I will publish every month statment of my broker and/or statment of my statutory auditor about the holdings.

You can see how much money there is in the company currently by reading the Articles of Incorporation.
I am very transparent with that.

Do you ask questions because you could be a user of this token or are interested in the idea of stable coin?

rgsnedds

member

Activity: 952

Merit: 17

raskul

Quote from: gobisirom on June 19, 2018, 10:32:17 AM

Quote from: BMH on June 19, 2018, 09:56:17 AM

Quote

please prove that you hold half a billion €.

Hi, good point.

0xfed0bf9521790bca5b8eceed0d195dcbcf2ef0b8 adress is the wallet of ALL SHARES.
This adress is only used to distribute tokens to buyers. Tokens stocked on this address have no concrete value and can no way be considered as circulating supply.

I have checked in eth and right your wallet contains half a billion euros. and I want to ask, what is the purpose of your project?

i don't see any €.. all i see are self-made tokens.

BMH

newbie

Activity: 21

Merit: 0

@gobisirom

Quote

I have checked in eth and right your wallet contains half a billion euros. and I want to ask, what is the purpose of your project?

I haven't start to distribute the xEUR token yet and indeed this adress hold all the tokens (the supply).

The purpose of the token is to create an euro stable coin backed by real assets, exchangeable and redeemable for crypto/fiat at any time.

It's very similar to the trueusd project but with euros.

BMH

newbie

Activity: 21

Merit: 0

@ron992
Why you say it's a scam?
If there is something in my presentation or project that makes you think that it is a scam, it is important for me to know it and to be able to solve this problem.

gobisirom

sr. member

Activity: 436

Merit: 250

Quote from: BMH on June 19, 2018, 09:56:17 AM

Quote

please prove that you hold half a billion €.

Hi, good point.

0xfed0bf9521790bca5b8eceed0d195dcbcf2ef0b8 adress is the wallet of ALL SHARES.
This adress is only used to distribute tokens to buyers. Tokens stocked on this address have no concrete value and can no way be considered as circulating supply.

I have checked in eth and right your wallet contains half a billion euros. and I want to ask, what is the purpose of your project?

ron992

newbie

Activity: 52

Merit: 0

scam

BMH

newbie

Activity: 21

Merit: 0

Quote

please prove that you hold half a billion €.

Hi, good point.

0xfed0bf9521790bca5b8eceed0d195dcbcf2ef0b8 adress is the wallet of ALL SHARES.
This adress is only used to distribute tokens to buyers. Tokens stocked on this address have no concrete value and can no way be considered as circulating supply.

rgsnedds

member

Activity: 952

Merit: 17

raskul

Quote from: BMH on June 19, 2018, 09:42:37 AM

xEUR - an EURO backed Erc20 Token, exchangeable and redeemable at any time

xEUR Contract: Etherscan
Max supply is 500 000 000 xEUR

PS : no bullshit ICO, bounty program.
xEUR is a security token dedicated to professionals with expertise in the use of crypto-assets.

please prove that you hold half a billion €.

BMH

newbie

Activity: 21

Merit: 0

xEUR - an EURO backed Erc20 Token, exchangeable and redeemable at any time

xEUR is the first euro stable token.
It is an alternative to USD stable coins like Tether, TrueUSD, DAI, bitUSD, etc.

The xEUR token has been created by the company ALL SHARES, a legit french financial company.

The xEUR token is:
- 100% backed by Euro zone bonds (we can expect its value to increase steadily over time)
- freely exchangeable with third parties (OTC transactions, exchanges, ...)
- redeemable at any time for cryptocurrencies or fiat (SEPA or SWIFT transfer)
- totally independant from any bank, exchange, or consortium
- no registration needed

Accounts of the Company are audited by a statutory advisor.

Fees are:
- buy the xEUR token with fiat 0%
- buy the xEUR token with crypto 2.5%
- exchange the xEUR token with third parties 0%
- redeem the xEUR token for fiat 0.5%
- redeem the xEUR token for crypto 3.0%
- 0.125% / month or 1.5% / year management fees

Token redemption is guaranteed within 48 hours by ALL SHARES.

xEUR Contract: Etherscan
Max supply is 500 000 000 xEUR

Feel free to send contact us for any question or to ask for an xEUR transaction.
Email: [email protected]
Telegram: https://telegram.me/allshares

PS : no bullshit ICO, bounty program.
xEUR is a security token dedicated to professionals with expertise in the use of crypto-assets.

Topic: [ANN] xEUR - an EURO backed Erc20 Token, exchangeable and redeemable at any time (Read 4345 times)