Topic: [ANN][PRE-ICO] removed (Read 182 times)
Looking forward to the the development of the project, can see a excellent potential in the idea of this project.
In General, I would like to translate it into Russian, together with a technical document, for any reward, send me a private message if you're interested, Illustrated all images will be taken from your website
You must be kidding me. At 58% off? People should buy these tokens fastly at this discount!
It looks like 58% off but when I crunched numbers it plays out to about a 16% annualized return for 5 years. That's still a good return for the time frame but I, too, am curious about how to physically take delivery of gold and what kind of security would be involved. A nice thing about trustless transactions in blockchain is that you don't typically have to trust who you're doing business with, but when dealing with a physical commodity, and particularly a high value one, like gold, paying attention to chain of custody, physical security, and insurance are no longer luxuries but become essential.
The white paper makes sense, A forward contract for physical delivery of gold.
Is this normal for the mining industry?
The example you provided helps.
Buyer purchases 1 ounce of gold on February 1st. The price of gold was $1,341.35 (USD)/oz. This forward contract value on that day was discounted at 40.8% price as percent to FMV, so the price of the TGLD Forward Contract would have been $547.27 (USD)/oz or $17.59/g (USD). Promised delivery date on December 1, 2023 FOB Anchorage, AK.
Can I buy gold right now, or do I have to wait for the token to be launched and when do you anticipate launching the token?
How do I take delivery of the gold if I am not in Anchorage,AK?
The video of the ship is impressive. when do you expect to launch?
Is this normal for the mining industry?
The example you provided helps.
Buyer purchases 1 ounce of gold on February 1st. The price of gold was $1,341.35 (USD)/oz. This forward contract value on that day was discounted at 40.8% price as percent to FMV, so the price of the TGLD Forward Contract would have been $547.27 (USD)/oz or $17.59/g (USD). Promised delivery date on December 1, 2023 FOB Anchorage, AK.
Can I buy gold right now, or do I have to wait for the token to be launched and when do you anticipate launching the token?
How do I take delivery of the gold if I am not in Anchorage,AK?
The video of the ship is impressive. when do you expect to launch?
You must be kidding me. At 58% off? People should buy these tokens fastly at this discount!
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