[ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token - page 20.

Antearth

newbie

Activity: 53

Merit: 0

Quote from: basil-usa on September 01, 2018, 12:21:17 PM

2007-2008 was so devastating for a lot of people. Only those who had solid investment in gold were able to sail through.
The Great Recession boosted the price of gold, although it declined in the very aftermath of the Lehman Brothers’ bankruptcy, probably due to the forced sales in order to raise cash. However, it quickly rebounded and ended 2008 in positive territory. And in 2009 and 2010 it really shined, outperforming many other assets
Lesson learned? Gold will never let you down,gold backed assets will never let you down. Invest in Goldma today! Especially until the token price is went to the moon!

They truly have an opportunity to re-introduce the gold standard. Backing a currency by gold provides a self-regulating and stabilizing effect on the economy. It discourages inflation as well as government budget deficits and debt Wink

basil-usa

jr. member

Activity: 182

Merit: 1

2007-2008 was so devastating for a lot of people. Only those who had solid investment in gold were able to sail through.
The Great Recession boosted the price of gold, although it declined in the very aftermath of the Lehman Brothers’ bankruptcy, probably due to the forced sales in order to raise cash. However, it quickly rebounded and ended 2008 in positive territory. And in 2009 and 2010 it really shined, outperforming many other assets
Lesson learned? Gold will never let you down,gold backed assets will never let you down. Invest in Goldma today! Especially until the token price is went to the moon!

nyatso88

newbie

Activity: 59

Merit: 0

Quote from: tonyhawk909 on August 31, 2018, 04:06:30 PM

As Zimbabwe is extremely rich in terms of Gold reserves, cooperation with this country is very reasonable and good for the investors

Yes, Zimbabwe is very rich in Gold, particularly where Goldma is mining, The geological exploration conducted by MINXCON indicated that there is close to 6.2 billion worth of Gold on just one mining claim. Now imagine the whole country

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Cryptocotrader

copper member

Activity: 123

Merit: 0

I like the concept of backing a cryptocurrency with real tangible assets, and there is no better asset to back it up with than real gold.

Plenamola

newbie

Activity: 99

Merit: 0

Quote from: SMCrypto on August 31, 2018, 06:00:33 PM

Digging deeper I have discovered that this could be a potential 'gold mine' for investors. Literally.

Yes. You are right. And that is what makes this project attractive

Plenamola

newbie

Activity: 99

Merit: 0

Their fully licensed and fully operational small scale gold mine has produced over a quarter million dollars of Gold. It is amazing

SMCrypto

copper member

Activity: 51

Merit: 0

Digging deeper I have discovered that this could be a potential 'gold mine' for investors. Literally.

tonyhawk909

newbie

Activity: 224

Merit: 0

As Zimbabwe is extremely rich in terms of Gold reserves, cooperation with this country is very reasonable and good for the investors

AwanishSu1

newbie

Activity: 131

Merit: 0

It is a great concept that will make all together the investors in gold mining sector globally

AwanishSu1

newbie

Activity: 131

Merit: 0

Quote from: mikeormike on August 31, 2018, 12:01:41 PM

To empower future and prospective developers who have the aim of launching and realizing their gold mining projects under the expertise of Goldma team and features of their platform, Goldma uses Waves blockchain platform Wink

What is Waves blockchain platform?

eleonora0x

newbie

Activity: 119

Merit: 0

Quote from: mikeormike on August 31, 2018, 12:01:41 PM

To empower future and prospective developers who have the aim of launching and realizing their gold mining projects under the expertise of Goldma team and features of their platform, Goldma uses Waves blockchain platform Wink

There are several more reason to use Waves, but all of it sounds reasonable

mikeormike

jr. member

Activity: 182

Merit: 1

To empower future and prospective developers who have the aim of launching and realizing their gold mining projects under the expertise of Goldma team and features of their platform, Goldma uses Waves blockchain platform Wink

Hendrix_Coin

newbie

Activity: 97

Merit: 0

Quote from: JackJackD on August 31, 2018, 11:20:49 AM

Goldchip Investments is in a strong position in Zimbabwe. President Emmerson Mnangagwa was very clear when he spoke at Davos that “Zimbabwe is open for business”. And Goldma makes all this possible

More to add, GMA will introduce a greater level of transparency, eliminate monotonous and time-consuming procedure, reduce the level of required paperwork, and completely eliminate discrimination against small investors. GMA is based on the Waves blockchain platform and will utilise Waves features and strengths to create a platform comprised of developers and investors who will take the gold mining industry to the next level

JackJackD

newbie

Activity: 122

Merit: 0

Goldchip Investments is in a strong position in Zimbabwe. President Emmerson Mnangagwa was very clear when he spoke at Davos that “Zimbabwe is open for business”. And Goldma makes all this possible

johntravolta63

newbie

Activity: 111

Merit: 0

Quote from: anvelaflora on August 31, 2018, 06:39:54 AM

ICO still runs until October and now this softcap already reached and stayed in promoting projects to maximize only so that more and more investors who join with this project

Because it is a great opportunity to invest!

Frankly speaking, I love that Goldma returns value back into money. And talking about return on investments, they pay several times a year, if I am not mistaken, so all great with that

anvelaflora

newbie

Activity: 70

Merit: 0

ICO still runs until October and now this softcap already reached and stayed in promoting projects to maximize only so that more and more investors who join with this project

Because it is a great opportunity to invest!

log63amg

newbie

Activity: 113

Merit: 0

Quote from: SellnBuy037 on August 29, 2018, 05:35:18 PM

Usually it is a coin mining ICO that will pay you a share from the coins that they mine, but in this case it is an actual mine and you can get a payout just from holding those tokens. Great return on your investment so Goldma is a really worthy ICO Wink

Exactly! The team is looking really working hard to educate more and more people about the concept of real money and real value. This type of security token is very unique and not seen anywhere else. Especially because we already have an operational mine producing gold on a daily basis. This makes it very simple to understand that one should expect a return on their investment and also expect the value of the token to increase over time with little risk of the coin of never going to zero

XxX_ZORG_XxX

newbie

Activity: 99

Merit: 0

Quote from: EMSbitKHAN on August 31, 2018, 04:54:50 AM

Looking at the economic model of this project what would happen if the value of gold went up / down in price? Would this effect the amount of ethereum that would be passed on to the investors and hodlers or is there some type of buffer to keep the amount fairly stable?

This is a very good question. It would only impact it in regards to the margin earned (a small bit) because gold does not experience extreme volatility like crypto.That is the good thing about gold, the reasonably stable price. I would guess that the goldma price will rise with the value of gold as the profits will increase so more investors will come on board. Also current investors will buy more to gain more profits from their holdings. So, gold is really stable Wink

EMSbitKHAN

newbie

Activity: 107

Merit: 0

Looking at the economic model of this project what would happen if the value of gold went up / down in price? Would this effect the amount of ethereum that would be passed on to the investors and hodlers or is there some type of buffer to keep the amount fairly stable?

nyatso88

newbie

Activity: 59

Merit: 0

Quote from: IconOfMilenium on August 30, 2018, 05:07:08 PM

Of all the minerals mined from the Earth, none is more useful than gold. Its usefulness is derived from a diversity of special properties. Gold conducts electricity, does not tarnish, is very easy to work, can be drawn into wire, can be hammered into thin sheets, alloys with many other metals, can be melted and cast into highly detailed shapes, has a wonderful color and a brilliant luster. Gold is a memorable metal that occupies a special place in the human mind. And it will always be so!

That's very true, people underestimate the use of Gold. Most people are under the impression that it's just used to make jewelry but gold has many industrial purposes as well. Also, a significant amount of the world's reserves are in gold. So it's a product that doesn't really need market adoption

Topic: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token - page 20. (Read 46474 times)