Topic: Building a new Token Backed by actual silver redeemable by the bearer (Read 295 times)
February 09, 2018, 12:37:20 AM
Is it possible to exchange tokens for natural metal? I think it's worth starting with the opening of a small online store for silver trading for tokens and gradually increase the volume.
August 31, 2017, 10:29:12 AM
Hey all,
We have a new technology for hard rock mining that cleans up the environment while extracting the precious metals.
We have contracts set up with some of the largest mines in North America and many sites that have toxic materials left scattered in tailings (Mining waste) and polluting the water table.
Our systems extract the metals from the clean up at a profit. (Without government subsidy)
We are giving the public an opportunity to support this transition to an ethical ecological practice of mining that will be profitable for everyone and improve the environment where it is employed.
Our offering is to sell 100% of the tokens in the offering and keep none for the management. Everything will be transparent and the tokens will be offered below spot price for silver and represent an oz of pure silver.
If we do not meet our target our smart contract will repay all purchases of the token in the offering.
Most of the work has been done on the assets and mining technology side but we need Devs and are building a team around this project for a Silver backed currency (SilverBack) hosted on the Ethereum network.
Our intention is not to compete with other fast transaction tokens or create a commodity of exchange token, but rather a store of value token that is backed by something tangible and recognized by the world for it's stability and value.
President Kennedy tried to create a silver backed currency as well which has not succeeded to date.
We can carry on this legacy and give the community something it needs.
Questions and suggestions are welcome.
The primary function of this project is to serve and give value to the community and clean up one of the dirties most toxic practices in modern industry.
We have a new technology for hard rock mining that cleans up the environment while extracting the precious metals.
We have contracts set up with some of the largest mines in North America and many sites that have toxic materials left scattered in tailings (Mining waste) and polluting the water table.
Our systems extract the metals from the clean up at a profit. (Without government subsidy)
We are giving the public an opportunity to support this transition to an ethical ecological practice of mining that will be profitable for everyone and improve the environment where it is employed.
Our offering is to sell 100% of the tokens in the offering and keep none for the management. Everything will be transparent and the tokens will be offered below spot price for silver and represent an oz of pure silver.
If we do not meet our target our smart contract will repay all purchases of the token in the offering.
Most of the work has been done on the assets and mining technology side but we need Devs and are building a team around this project for a Silver backed currency (SilverBack) hosted on the Ethereum network.
Our intention is not to compete with other fast transaction tokens or create a commodity of exchange token, but rather a store of value token that is backed by something tangible and recognized by the world for it's stability and value.
President Kennedy tried to create a silver backed currency as well which has not succeeded to date.
We can carry on this legacy and give the community something it needs.
Questions and suggestions are welcome.
The primary function of this project is to serve and give value to the community and clean up one of the dirties most toxic practices in modern industry.
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