Gold-Backed cryptocurrency with Passive Income

yarik0409

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Quote from: wxa7115 on July 11, 2023, 11:17:32 PM

Quote from: yarik0409 on July 06, 2023, 07:09:10 AM

Quote from: tengui on July 05, 2023, 06:26:23 PM

I won't say "wow" because this project is not the only crypto project backed by gold (I mean I've come across several times). I suggest that you innovate by offering some advantages that other projects don't have, that way this project will attract a lot of investors' attention. apart from all that i am quite interested in crypto projects backed by gold.

You've heard of others that failed or something like PAX gold. If they weren't scams, I wouldn't make GRC. And the only indicator of how trustworthy is this project will be time. There is no need for utility or innovation. Gold stand the time and never failed unlike any other currency. So, we will see you on the other side.

Gold has indeed passed the test of time, but not your coin, if someone is worried about what is to come and they do not want to take a risk by holding their fiat then they might as well buy gold and hold it themselves.

By letting others hold their gold and instead by just holding a promise of such gold being stored somewhere else they are taking a massive risk for no gain to themselves, except yourself, and since that is the case then it will take you a massive amount of effort to convince other people to hold your coin.

Heads up guys! Listing on Coinsbit aexchange on the 4th of August, don't miss ou!

yarik0409

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Quote from: wxa7115 on July 11, 2023, 11:17:32 PM

Quote from: yarik0409 on July 06, 2023, 07:09:10 AM

Quote from: tengui on July 05, 2023, 06:26:23 PM

I won't say "wow" because this project is not the only crypto project backed by gold (I mean I've come across several times). I suggest that you innovate by offering some advantages that other projects don't have, that way this project will attract a lot of investors' attention. apart from all that i am quite interested in crypto projects backed by gold.

You've heard of others that failed or something like PAX gold. If they weren't scams, I wouldn't make GRC. And the only indicator of how trustworthy is this project will be time. There is no need for utility or innovation. Gold stand the time and never failed unlike any other currency. So, we will see you on the other side.

Gold has indeed passed the test of time, but not your coin, if someone is worried about what is to come and they do not want to take a risk by holding their fiat then they might as well buy gold and hold it themselves.

By letting others hold their gold and instead by just holding a promise of such gold being stored somewhere else they are taking a massive risk for no gain to themselves, except yourself, and since that is the case then it will take you a massive amount of effort to convince other people to hold your coin.

Risk could be real or it could be perceived. To distinguish between the two, people have to strain their brains, do research, ask questions and critically analyse the idea. So, no point discussing risk of the project unless you have done all the above steps. I'm not here to change your percieved (imagined/assumed from previous experience) risk. Once you analyse the project and all the information available about it, then we can discuss whether you should invest or not. Until then, it's just a small chat which comes from laziness and automatic processing of infromation which is so attractive for human nature. That's why there are not many successful people in the world.

wxa7115

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Bitcoin is GOD

Quote from: yarik0409 on July 06, 2023, 07:09:10 AM

Quote from: tengui on July 05, 2023, 06:26:23 PM

I won't say "wow" because this project is not the only crypto project backed by gold (I mean I've come across several times). I suggest that you innovate by offering some advantages that other projects don't have, that way this project will attract a lot of investors' attention. apart from all that i am quite interested in crypto projects backed by gold.

You've heard of others that failed or something like PAX gold. If they weren't scams, I wouldn't make GRC. And the only indicator of how trustworthy is this project will be time. There is no need for utility or innovation. Gold stand the time and never failed unlike any other currency. So, we will see you on the other side.

Gold has indeed passed the test of time, but not your coin, if someone is worried about what is to come and they do not want to take a risk by holding their fiat then they might as well buy gold and hold it themselves.

By letting others hold their gold and instead by just holding a promise of such gold being stored somewhere else they are taking a massive risk for no gain to themselves, except yourself, and since that is the case then it will take you a massive amount of effort to convince other people to hold your coin.

yarik0409

newbie

Activity: 37

Merit: 0

Quote from: SlimShadyMmp on July 09, 2023, 05:01:53 PM

Hmmh Gold-backed currencies with passive income wow So who is keeping the Gold Storage and why is the paasive income included Is the reserved gold going to be traded to make profit and who is trading it This just like something that doesnt make sense at all Like a plot of soon to be bad movies

It's either a plot of a bad movie, or it's an absolutely genius project as it seems illogical to the extent that it feels like a bad movie. Please read the whole thread, there were some good questions and answers. Your questions are answered there.

Ngemmeng

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SOL.BIOKRIPT.COM

Quote from: SlimShadyMmp on July 09, 2023, 05:01:53 PM

Hmmh Gold-backed currencies with passive income wow So who is keeping the Gold Storage and why is the paasive income included Is the reserved gold going to be traded to make profit and who is trading it This just like something that doesnt make sense at all Like a plot of soon to be bad movies

basically stored gold will produce because the price of gold will continue to increase over time. well the movement does tend to be very slow but gold is the most popular and safest investment at the moment. and it is quite possible that gold backed crypto can be the safest investment or crypto asset today.

SlimShadyMmp

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COMBO 2.0

Hmmh Gold-backed currencies with passive income wow So who is keeping the Gold Storage and why is the paasive income included Is the reserved gold going to be traded to make profit and who is trading it This just like something that doesnt make sense at all Like a plot of soon to be bad movies

yarik0409

newbie

Activity: 37

Merit: 0

Quote from: Xal0lex on July 09, 2023, 10:59:08 AM

Quote from: yarik0409 on July 04, 2023, 04:47:08 PM

Quote from: Xal0lex on July 04, 2023, 11:10:16 AM

Quote from: yarik0409 on July 03, 2023, 04:33:44 PM

Quote from: Xal0lex on July 03, 2023, 11:27:55 AM

I'm not saying that all projects that run on DEX are useless. That's not the point. The point is that most projects that start with DEX end up there, too. These projects can contain a unique concept, a great product and other useful features. The problem with such projects, for all their usefulness, is the lack of funding. Without funding, any project, even with the most useful functions, is doomed to the fact that it will have weak support from investors, and therefore will have low liquidity. This is what we see with tokens that are listed on DEX and nowhere else. At the same time, a completely useless project can have a huge capitalization and be popular with investors, if this project has a budget from the beginning.

This is a myth. Shiba inu haven't spent a dollar on marketing until last year and they managed to get to top 10 cryptocurrencies at some stage before that.

Of course, they got there for free Grin

Shiba Inu allocated very big money for the promotion of their project in various social networks, and even in tik tok. Memcoins are becoming famous for only one reason. Because someone gives a lot of money to promote this coin in the community and mentions about the coin goes viral. Nothing is free. Influencers, bloggers, and other opinion leaders never work for free. The fact that many people found out about Shiba Inu is precisely the result of marketing, or rather the cost of marketing. Judging by where SHIB is now, we can say that the costs have paid off in full.

Pepe allocated lots of money for promotion. Shiba Inu haven't spent a cent on promotion until the beginning of last year. I know the developer, we talk. So, I don't know where you get your info from. Shiba Inu community was so powerful, every exchange wanted to list Shiba Inu to gain their community members.

You expect me to believe this nonsense about marketing a multi-billion dollar asset costing nothing, while in 2021 SHIB was being advertised all over tik tok and YouTube, and that you got your information from the developer of SHIB himself? All successful projects have a marketing budget, that's what differentiates successful projects from non-successful ones. The difference is having money for community promotion.

Can you confirm your information that you were told this by the developer himself? I can also say that I talked to satoshi in 2008 Wink

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Xal0lex

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Quote from: yarik0409 on July 04, 2023, 04:47:08 PM

Quote from: Xal0lex on July 04, 2023, 11:10:16 AM

Quote from: yarik0409 on July 03, 2023, 04:33:44 PM

Quote from: Xal0lex on July 03, 2023, 11:27:55 AM

I'm not saying that all projects that run on DEX are useless. That's not the point. The point is that most projects that start with DEX end up there, too. These projects can contain a unique concept, a great product and other useful features. The problem with such projects, for all their usefulness, is the lack of funding. Without funding, any project, even with the most useful functions, is doomed to the fact that it will have weak support from investors, and therefore will have low liquidity. This is what we see with tokens that are listed on DEX and nowhere else. At the same time, a completely useless project can have a huge capitalization and be popular with investors, if this project has a budget from the beginning.

This is a myth. Shiba inu haven't spent a dollar on marketing until last year and they managed to get to top 10 cryptocurrencies at some stage before that.

Of course, they got there for free Grin

Shiba Inu allocated very big money for the promotion of their project in various social networks, and even in tik tok. Memcoins are becoming famous for only one reason. Because someone gives a lot of money to promote this coin in the community and mentions about the coin goes viral. Nothing is free. Influencers, bloggers, and other opinion leaders never work for free. The fact that many people found out about Shiba Inu is precisely the result of marketing, or rather the cost of marketing. Judging by where SHIB is now, we can say that the costs have paid off in full.

Pepe allocated lots of money for promotion. Shiba Inu haven't spent a cent on promotion until the beginning of last year. I know the developer, we talk. So, I don't know where you get your info from. Shiba Inu community was so powerful, every exchange wanted to list Shiba Inu to gain their community members.

You expect me to believe this nonsense about marketing a multi-billion dollar asset costing nothing, while in 2021 SHIB was being advertised all over tik tok and YouTube, and that you got your information from the developer of SHIB himself? All successful projects have a marketing budget, that's what differentiates successful projects from non-successful ones. The difference is having money for community promotion.

Can you confirm your information that you were told this by the developer himself? I can also say that I talked to satoshi in 2008 Wink

yarik0409

newbie

Activity: 37

Merit: 0

Quote from: tengui on July 05, 2023, 06:26:23 PM

I won't say "wow" because this project is not the only crypto project backed by gold (I mean I've come across several times). I suggest that you innovate by offering some advantages that other projects don't have, that way this project will attract a lot of investors' attention. apart from all that i am quite interested in crypto projects backed by gold.

You've heard of others that failed or something like PAX gold. If they weren't scams, I wouldn't make GRC. And the only indicator of how trustworthy is this project will be time. There is no need for utility or innovation. Gold stand the time and never failed unlike any other currency. So, we will see you on the other side.

tengui

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#SWGT PRE-SALE IS LIVE

I won't say "wow" because this project is not the only crypto project backed by gold (I mean I've come across several times). I suggest that you innovate by offering some advantages that other projects don't have, that way this project will attract a lot of investors' attention. apart from all that i am quite interested in crypto projects backed by gold.

yarik0409

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Activity: 37

Merit: 0

Quote from: abel1337 on July 05, 2023, 12:31:44 PM

Let's see how the forum and the market will react on your project. I see that you are confident with your project but people won't be contented in that, they need results and product that seems profitable. If you are advertising your project as a high risk - high return project, it sounds sketchy to be honest, it's like a shitcoin way of advertising. It's exactly how thise shitcoin advertise their tokens. Let's see how your project develops over the time and if you can make a significant impact to the market given that your project concept is backed by gold.

I'm not advertising my project as high risk. I say on early stages with low liquidity and not listed on major exchanges, people may perceive high risk in my project, because price is very volatile.

If you do research, there is no question of a scam or rugpull, because 100% of liquidity is locked for 6 months and I'm not anonymous. My identity is fully verified: my legal name, place of residence, my voice and face. There is no security risk.

On early stages of this project because of low liquidity the price is very volatile, which makes it a high risk investment, however if you see the foundation and future of the project, it is evident that that the high risk will be paid off with high return in the future.

Now, as we grow we will become low risk, just because our liquidty will grow and so, the number of holders. I'm fine if you guys want to invest in the future, because everybody will be investing then. Don't expect to make high return though, because the price will be much more stable.

Every high return project is high risk. That's the law of business. That's why you need to do research about the project to understand if it's legit or not.

abel1337

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Quote from: yarik0409 on July 05, 2023, 06:06:15 AM

Quote from: cryptoaddictchie on July 05, 2023, 03:41:26 AM

Quote from: yarik0409 on July 04, 2023, 07:24:50 PM

Everything will be visible for sure, including purchase documents. Can't do it it anonymously.

Only me leading the way and in charge of all processes. There are people that help me and there are those who I outsource. There is no room for clash of interests between part owners for the big project like this.

Let see. Just do it first mate, Im not judging you for all the project sake. Its gonna be shown if its really have potential. Actually dont mind the liquidity itself, if you arent worried. Pretty sure that you spend your own money on this, but be prepared to lose more since developing a project in crypto doesnt come cheap if you are dead serious about innovation especially you are relating your project with gold back currency.

I'm not worried brother. This project will stand time as I'm dead serious about it. Nevertheless, I don't like big talk. Let the time be the judge of my words and let my actions be my mouth. I must remark though for everyone else, the earlier you invest in this project, the higher your return will be. High risk = high return. If you want to wait and see and buy later, no problem. Don't expect high returns then, but at least you will feel confident and secure with your investment👍🔐

Let's see how the forum and the market will react on your project. I see that you are confident with your project but people won't be contented in that, they need results and product that seems profitable. If you are advertising your project as a high risk - high return project, it sounds sketchy to be honest, it's like a shitcoin way of advertising. It's exactly how thise shitcoin advertise their tokens. Let's see how your project develops over the time and if you can make a significant impact to the market given that your project concept is backed by gold.

yarik0409

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Activity: 37

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Quote from: cryptoaddictchie on July 05, 2023, 03:41:26 AM

Quote from: yarik0409 on July 04, 2023, 07:24:50 PM

Everything will be visible for sure, including purchase documents. Can't do it it anonymously.

Only me leading the way and in charge of all processes. There are people that help me and there are those who I outsource. There is no room for clash of interests between part owners for the big project like this.

Let see. Just do it first mate, Im not judging you for all the project sake. Its gonna be shown if its really have potential. Actually dont mind the liquidity itself, if you arent worried. Pretty sure that you spend your own money on this, but be prepared to lose more since developing a project in crypto doesnt come cheap if you are dead serious about innovation especially you are relating your project with gold back currency.

I'm not worried brother. This project will stand time as I'm dead serious about it. Nevertheless, I don't like big talk. Let the time be the judge of my words and let my actions be my mouth. I must remark though for everyone else, the earlier you invest in this project, the higher your return will be. High risk = high return. If you want to wait and see and buy later, no problem. Don't expect high returns then, but at least you will feel confident and secure with your investment👍🔐

cryptoaddictchie

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Fully Regulated Crypto Casino

Quote from: yarik0409 on July 04, 2023, 07:24:50 PM

Everything will be visible for sure, including purchase documents. Can't do it it anonymously.

Only me leading the way and in charge of all processes. There are people that help me and there are those who I outsource. There is no room for clash of interests between part owners for the big project like this.

Let see. Just do it first mate, Im not judging you for all the project sake. Its gonna be shown if its really have potential. Actually dont mind the liquidity itself, if you arent worried. Pretty sure that you spend your own money on this, but be prepared to lose more since developing a project in crypto doesnt come cheap if you are dead serious about innovation especially you are relating your project with gold back currency.

yarik0409

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Activity: 37

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Quote from: cryptoaddictchie on June 26, 2023, 12:22:59 AM

Quote from: yarik0409 on June 25, 2023, 04:35:06 PM

More guarantee will be visible once we purchase our first 2 oz 999.9 Gold Bar from Melbourne mint and we will store it there. So, only purchasing more gold and time will create more trust. You don't have to rush and buy in, if you are still afraid. You can wait a few months and see. I'm not here for pump and dump.

Yes, I'm working alone and in full control of the project.

Oh so are you planning to have this documented or visible on the public too? Like purchase order and the facility reveal? I think thats a lot of money to spend, yeah definitely will need to wait for that progress to see the full dedication first.

You dont have a team working on this? Only you, how can you possibly make this successful alone.

Everything will be visible for sure, including purchase documents. Can't do it it anonymously.

Only me leading the way and in charge of all processes. There are people that help me and there are those who I outsource. There is no room for clash of interests between part owners for the big project like this.

yarik0409

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Quote from: Xal0lex on July 04, 2023, 11:10:16 AM

Quote from: yarik0409 on July 03, 2023, 04:33:44 PM

Quote from: Xal0lex on July 03, 2023, 11:27:55 AM

I'm not saying that all projects that run on DEX are useless. That's not the point. The point is that most projects that start with DEX end up there, too. These projects can contain a unique concept, a great product and other useful features. The problem with such projects, for all their usefulness, is the lack of funding. Without funding, any project, even with the most useful functions, is doomed to the fact that it will have weak support from investors, and therefore will have low liquidity. This is what we see with tokens that are listed on DEX and nowhere else. At the same time, a completely useless project can have a huge capitalization and be popular with investors, if this project has a budget from the beginning.

This is a myth. Shiba inu haven't spent a dollar on marketing until last year and they managed to get to top 10 cryptocurrencies at some stage before that.

Of course, they got there for free Grin

Shiba Inu allocated very big money for the promotion of their project in various social networks, and even in tik tok. Memcoins are becoming famous for only one reason. Because someone gives a lot of money to promote this coin in the community and mentions about the coin goes viral. Nothing is free. Influencers, bloggers, and other opinion leaders never work for free. The fact that many people found out about Shiba Inu is precisely the result of marketing, or rather the cost of marketing. Judging by where SHIB is now, we can say that the costs have paid off in full.

Pepe allocated lots of money for promotion. Shiba Inu haven't spent a cent on promotion until the beginning of last year. I know the developer, we talk. So, I don't know where you get your info from. Shiba Inu community was so powerful, every exchange wanted to list Shiba Inu to gain their community members.

Xal0lex

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Quote from: yarik0409 on July 03, 2023, 04:33:44 PM

Quote from: Xal0lex on July 03, 2023, 11:27:55 AM

I'm not saying that all projects that run on DEX are useless. That's not the point. The point is that most projects that start with DEX end up there, too. These projects can contain a unique concept, a great product and other useful features. The problem with such projects, for all their usefulness, is the lack of funding. Without funding, any project, even with the most useful functions, is doomed to the fact that it will have weak support from investors, and therefore will have low liquidity. This is what we see with tokens that are listed on DEX and nowhere else. At the same time, a completely useless project can have a huge capitalization and be popular with investors, if this project has a budget from the beginning.

This is a myth. Shiba inu haven't spent a dollar on marketing until last year and they managed to get to top 10 cryptocurrencies at some stage before that.

Of course, they got there for free Grin

Shiba Inu allocated very big money for the promotion of their project in various social networks, and even in tik tok. Memcoins are becoming famous for only one reason. Because someone gives a lot of money to promote this coin in the community and mentions about the coin goes viral. Nothing is free. Influencers, bloggers, and other opinion leaders never work for free. The fact that many people found out about Shiba Inu is precisely the result of marketing, or rather the cost of marketing. Judging by where SHIB is now, we can say that the costs have paid off in full.

yarik0409

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Activity: 37

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Quote from: Xal0lex on July 03, 2023, 11:27:55 AM

Quote from: yarik0409 on July 02, 2023, 04:52:25 PM

Quote from: Xal0lex on July 02, 2023, 06:43:02 AM

I agree, there are some projects which start their way on DEX and end their way on Binance. For example, PEPE project made such way just recently and it took only 1 month to do it. This is an incredible result. We are talking about individual cases that break the standard perceptions, but if you look at the whole situation, many projects that start their way on DEX, they end up there, or go to CEXs, which are little-known compared to those CEXs that we are used to hearing about.

I agree with you, that if we use probabilities, then statistically 99% of projects listed on DEX are scams or have no strategies to build up their project. However, you chose this criteria to analyse my project. I think this criteria means nothing and doesn't help analysis, because you can say that any project that lists on DEX first is useless. It's a lazy way to do research. As a psychologist, such an approach is most common among people, as they prefer easy automatic processing.

I'm not saying that all projects that run on DEX are useless. That's not the point. The point is that most projects that start with DEX end up there, too. These projects can contain a unique concept, a great product and other useful features. The problem with such projects, for all their usefulness, is the lack of funding. Without funding, any project, even with the most useful functions, is doomed to the fact that it will have weak support from investors, and therefore will have low liquidity. This is what we see with tokens that are listed on DEX and nowhere else. At the same time, a completely useless project can have a huge capitalization and be popular with investors, if this project has a budget from the beginning.

This is a myth. Shiba inu haven't spent a dollar on marketing until last year and they managed to get to top 10 cryptocurrencies at some stage before that. Actually, you are outlining a big problem. People think that a project with brilliant idea without a bidget is doomed. Actually, it just takes time for that project to grow. But coins with budget like Pepe, they buy their way in, but they are absolutely useless. So, they are pump and dump projects. If that's what you are looking for and you are a trader, that should be your strategy. However, if people are looking at serious projects to invest long-term they should always be looking at a team behind the project. So, if I see projects list on CEX, I would be more reluctant to invest in it, because they most likely paid their way in and don't have anything to offer.

Regards to your second point that projects start in dex die in dex. Statistically you can generalise like that as it's true for majority of cases. However, the implication you make from that is a myth, as I just explained above.

Xal0lex

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Quote from: yarik0409 on July 02, 2023, 04:52:25 PM

Quote from: Xal0lex on July 02, 2023, 06:43:02 AM

I agree, there are some projects which start their way on DEX and end their way on Binance. For example, PEPE project made such way just recently and it took only 1 month to do it. This is an incredible result. We are talking about individual cases that break the standard perceptions, but if you look at the whole situation, many projects that start their way on DEX, they end up there, or go to CEXs, which are little-known compared to those CEXs that we are used to hearing about.

I agree with you, that if we use probabilities, then statistically 99% of projects listed on DEX are scams or have no strategies to build up their project. However, you chose this criteria to analyse my project. I think this criteria means nothing and doesn't help analysis, because you can say that any project that lists on DEX first is useless. It's a lazy way to do research. As a psychologist, such an approach is most common among people, as they prefer easy automatic processing.

I'm not saying that all projects that run on DEX are useless. That's not the point. The point is that most projects that start with DEX end up there, too. These projects can contain a unique concept, a great product and other useful features. The problem with such projects, for all their usefulness, is the lack of funding. Without funding, any project, even with the most useful functions, is doomed to the fact that it will have weak support from investors, and therefore will have low liquidity. This is what we see with tokens that are listed on DEX and nowhere else. At the same time, a completely useless project can have a huge capitalization and be popular with investors, if this project has a budget from the beginning.

cryptoaddictchie

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Quote from: Xal0lex on July 02, 2023, 06:43:02 AM

We are talking about individual cases that break the standard perceptions, but if you look at the whole situation, many projects that start their way on DEX, they end up there, or go to CEXs, which are little-known compared to those CEXs that we are used to hearing about.

Oh yeah. Anyway if you are using dex on uniswap, pancakeswap and other popular one its not hard to get which one is next on binance target for listing. Im pretty sure I mentioned particular one here. Im not a saint but pretty obvious, that they will list them anytime sooner.

Quote from: cryptoaddictchie on June 30, 2023, 12:44:07 PM

Want some potential listing insight? You heard of pendle finance? Not listed on major cex but only on dexes. Im not gonna suprise, one day Binance will list and other big ones. Its not just about how they start but how impactful they leave marks on community. Thats how hype and potential projects on dex become a cex aces.

Surely I did mentioned it and look they just did.

https://twitter.com/binance/status/1675752423057489921?t=V2-R9y9efS0mdKAR11Hl8w&s=19

Well I can see a lot of others like this potential on binance too. Some are even memes and very early on dexes too. Anyway will just keep it for myself, as dont want to make some speculation and blame me for you said it will get list. Just do your own. I can sense 3 to 5 projects that are good on dexes now including that. Well its up to anyone to find that out. So I disagree with you about dex project rarely got listed. You just need to look for those potential. Surely you know that not all are capable of that but why look on those shitty one observed those potential ones. If I could see few of them then its not so rare to happen after all.

Topic: Gold-Backed cryptocurrency with Passive Income (Read 545 times)