Hi friends! Finally, I can lift the veil. Today I want to tell you about the upcoming events. The Main Event -
Blockchain WeekThe conference, which will be in October 5 - 8th in Barcelona. On this conference will set new standard in the field of cryptocurrencies for the first time in history.
This standard we will achieve a new model of coverage cryptocurrencies. We use the deposit cryptocurrencies
BITBULLION (BB) and Silver Standard IEC (SS IEC) which are covered with gold and silver.
BB and SS IEC is not another coin. It only index that will be available only on our Ivugeo Exchange.
OVENS INVESTMENT S.L is one of the main sponsors of this conference and we will present all possibilities of this new currency there. This currency will not fluctuate as other currencies, its movement will be only in the framework of the percent. This will ensure its balance. This currency is also an option for people who have bitcoins. They can save it to the real value that we have in switzerland deposit banks.
The gold standard is a new approach to ensure that the value of bitbullion, which you always are going to keep the price of gold. The connection between Bitbullion (cover currency) and currency IEC will be through silver standard (SS IEC). The exchange rate between this two currencies (SSIEC – BB) is 55 SSIEC = 1 BB. For current members of the IVUGEO PROJECT, which have classic IEC will be exchangerate 50 SSIEC = 1 BB (it is an advantage for our members).
The price 1 SSIEC = 50 IEC. This price is variable according to the current exchange rate IEC on the exchange. The Ovens Investment SL converts their IEC to gold reserves and kept it in the vault. It will be important for the growth of the value on the exchange. The exchange will be in this values:
First reserve
- 1 BB = 3300 IEC
- 10 000 BB = 33 000 000 IEC
Second reserve
- 1 SSIEC = 50 IEC
- 360 000 SS IEC = 18 000 000 IEC
This value IEC will be given to two hedge currencies and so reduce risk financial fluctuations. The two pillars of the monetary provide real value of IEC and therefore is this currency interesting tender between actual cryptocurrencies. In the reserve fund will be stored 51 000 000 IEC ( 51% all of IEC) that will ensure a constant value. This steps are for people who have a fear of premine.
One of the main relevant options and to ensure that the BB has become in the real world very interesting. Therefore it will be possible change BB for the gold bars, coins, that will have gold certificate.
We prepare gold credits cards. Cardholders will have to account for the gold, they will pay in gold. The conversion will be according to the current exchange rate.
Another news is mobile app, where will pay with BB. The BB advantage is that this currency cannot lose. All transactions are protected and can be tracked.
Stay tuned and be patient. Have a nice day, everyone!