A gold-backed coin is an interesting idea, but I think I say something like that before here.
If people want to buy physical gold/silver without worrying about trust, they can buy NEM silver and gold coins: http://forum.nemcoin.com/index.php?topic=2368.msg4541#msg4541
see also: http://altnemo.com/
Right now gold is just under spot price if you buy with the NEMstake NXT asset.
Topic: GOLD BACKED COIN (GBC) new book building opens soon! (Read 909 times)
what a creative way to create scamcoin!
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GOLD BACKED COIN (GBC)
WORLD'S BEST VIRTUAL CURRENCY FULLY BACKED BY GOLD
http://www.gbc.is/res/gbc_betalogo.png
ANNOUNCING
Simply stated, Gold Backed Coin (GBC) is a revolution in its field. Its 100 % backing by physical gold adds a new dimension to the term cryptocurrency: There will be price stability downwards, while upwards there is no limit, and the free market defines the price.
ISSUING
Driven by a new concept, GBC differs from all other virtual currencies. Gold Backed Coins are issued following a book building process in which their current price is to be defined. Prospective holders hand in their orders by choosing a price within a given span. The maximum order volume will be calculated to serve the demand – and it may well be that the individual user gets GBC for a price cheaper than ordered. The first book building will take place from April 9, 2014 15:00 (CET) to April 22, 2014 15:00 (CET).
TRADING
Gold Backed Coins are tradable online within the Ripple network. Existing since 2011, this is an advanced system for trading currencies safely and quickly against each other worldwide. The prime place for trading GBC is the GBC/BTC market integrated in the Ripple network – but users can easily create new markets in which to buy or sell GBC against other currencies.
MINIMUM PRICE GUARANTEE
Interventions on the GBC/BTC market will happen, should the market price drop below the backed value of the coin. The physical gold reserves will be used to guarantee investors this important advantage.
AMOUNT OF COINS
The exact amount of GBC in circulation will depend on the specific demand during the book building processes. In any case, all GBC will be backed by one tenth of an ounce of gold per coin.
SPECS
Currency code: GBC
Value: Backed by one tenth of an ounce of gold per coin
Issuance: Via book buildings on http://www.GBC.is
Trading place: Ripple network (mainly GBC/BTC market)
Requirements: On Ripple grant trust to the correct issuer
Issuer address: rG52A1pZBGER9tCvTdVh3zf1WJokjjVfJu
Options: Tradable against all currencies on Ripple
Guarantee: Price guarantee active below gold backed value
Maximum: Defined by demand
SPECIAL ADVICE
Become a lucky winner: Register an account or subscribe to our newsletter in order to take part in the competition! 13 GBC will be the prize for the winners. Find more details on our website!
MORE INFORMATION
Homepage: http://www.gbc.is
- Info: http://www.gbc.is/info
- News: http://www.gbc.is/news
- Tutorial: http://www.gbc.is/tutorial
- Order: http://www.gbc.is/order
- FAQ: http://www.gbc.is/faq
- Register: http://www.gbc.is/register
- Newsletter: http://www.gbc.is/newsletter
Contact: [email protected]
Other Sources:
- Facebook: https://www.facebook.com/pages/GBC-Gold-Backed-Coin/273646059461457?fref=ts
- Twitter: https://twitter.com/GoldBackedCoin
- iOS App: https://itunes.apple.com/us/app/gbc-gold-backed-coin/id841402612?mt=8
Take part in the book building! We are looking forward to serving your orders for Gold Backed Coins.
WORLD'S BEST VIRTUAL CURRENCY FULLY BACKED BY GOLD
http://www.gbc.is/res/gbc_betalogo.png
ANNOUNCING
Simply stated, Gold Backed Coin (GBC) is a revolution in its field. Its 100 % backing by physical gold adds a new dimension to the term cryptocurrency: There will be price stability downwards, while upwards there is no limit, and the free market defines the price.
ISSUING
Driven by a new concept, GBC differs from all other virtual currencies. Gold Backed Coins are issued following a book building process in which their current price is to be defined. Prospective holders hand in their orders by choosing a price within a given span. The maximum order volume will be calculated to serve the demand – and it may well be that the individual user gets GBC for a price cheaper than ordered. The first book building will take place from April 9, 2014 15:00 (CET) to April 22, 2014 15:00 (CET).
TRADING
Gold Backed Coins are tradable online within the Ripple network. Existing since 2011, this is an advanced system for trading currencies safely and quickly against each other worldwide. The prime place for trading GBC is the GBC/BTC market integrated in the Ripple network – but users can easily create new markets in which to buy or sell GBC against other currencies.
MINIMUM PRICE GUARANTEE
Interventions on the GBC/BTC market will happen, should the market price drop below the backed value of the coin. The physical gold reserves will be used to guarantee investors this important advantage.
AMOUNT OF COINS
The exact amount of GBC in circulation will depend on the specific demand during the book building processes. In any case, all GBC will be backed by one tenth of an ounce of gold per coin.
SPECS
Currency code: GBC
Value: Backed by one tenth of an ounce of gold per coin
Issuance: Via book buildings on http://www.GBC.is
Trading place: Ripple network (mainly GBC/BTC market)
Requirements: On Ripple grant trust to the correct issuer
Issuer address: rG52A1pZBGER9tCvTdVh3zf1WJokjjVfJu
Options: Tradable against all currencies on Ripple
Guarantee: Price guarantee active below gold backed value
Maximum: Defined by demand
SPECIAL ADVICE
Become a lucky winner: Register an account or subscribe to our newsletter in order to take part in the competition! 13 GBC will be the prize for the winners. Find more details on our website!
MORE INFORMATION
Homepage: http://www.gbc.is
- Info: http://www.gbc.is/info
- News: http://www.gbc.is/news
- Tutorial: http://www.gbc.is/tutorial
- Order: http://www.gbc.is/order
- FAQ: http://www.gbc.is/faq
- Register: http://www.gbc.is/register
- Newsletter: http://www.gbc.is/newsletter
Contact: [email protected]
Other Sources:
- Facebook: https://www.facebook.com/pages/GBC-Gold-Backed-Coin/273646059461457?fref=ts
- Twitter: https://twitter.com/GoldBackedCoin
- iOS App: https://itunes.apple.com/us/app/gbc-gold-backed-coin/id841402612?mt=8
Take part in the book building! We are looking forward to serving your orders for Gold Backed Coins.
The next book building of Gold Backed Coin (GBC) will be from August 29 to September 1
Find more information about the leading alternative cryptocurrency on http://www.gbc.is
Find more information about the leading alternative cryptocurrency on http://www.gbc.is
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