When you are looking for a really profitable investment, you can certainly count knowing the market very well. The market changes every day with the increasingly huge number of companies that are appearing on the blockchain market every day. Because of this, it can be a great idea for you to inform yourself as best as you can before you actually invest.
Our blog’s main mission is to help investors like you when you are looking for the right investment in this huge and mainly unexplored market. Because of this, you can count on our blog to review the most interesting companies and cryptocurrencies so you can know everything about the blockchain and cryptocurrency market. Today, we are going to review a new cryptocurrency company called Xaurum.
What is Xaurum?
Xaurum is the name of a company and of a new cryptocurrency which has been released in the market some time ago. The most important distinction between Xaurum and the other cryptocurrencies is not a technological one, but an economic one: Xaurum has its price based on gold.
The company states that buying Xaurum can be a great idea for people who want to invest in a stable cryptocurrency that, unlike Bitcoin, will not lose a great share of its value in a single day. Because of this, it might be more profitable in the long term to buy a cryptocurrency which has been backed by some sort of asset.
The more that Xaurum is used, the more that it will be valued in gold because more gold will be bought. This means that the value of the cryptocurrency will inflate and that it will be more profitable to hold this cryptocurrency in the future than it is today.
How Does Xaurum Work?
Xaurum is a cryptocurrency based on the Ethereum blockchain which is backed by gold stored by the company that owns this cryptocurrency. Every transaction will have a small cost and this money will be used to buy gold.
A part of this tokens which were used in the transaction will be burned. This means that the quantity of gold will only increase while the number of coins will slowly diminish. This will make the holders of Xaurum tokens more and more rich. Basically, every transaction adds value to the coin via diminishing the number of coins that exist. Every holder benefits from every transaction.
These steps ensure that Xaurum is a secure and scalable cryptocurrency which will be very valuable in the future. In fact, if you wish to stop using this cryptocurrency, you will be able to exchange it for real gold whenever you want.
How to Invest in the Xaurum XAUR ICO?
To invest in Xaurum, you will have to buy its XAUR tokens. The company does not have an Initial Coin Offering (ICO) planned at the moment because its tokens are already in circulation, so you will have to buy in the “old fashioned way”, going to an exchange and acquiring them using your current tokens. Be sure that you have a compatible cryptocurrency wallet.
You can also join the company’s saving program which consists of depositing a regular quantity of money every month in the company’s account. This money will be converted into XAUR tokens.
If you are interested in buying this company’s tokens, it is important for you to perceive that the value of these XAUR tokens will probably increase with time, so it will be a good idea to buy them soon if you are interested because you probably pay more for them if you wait too much time.
The Xaurum XAUR ICO Verdict
Is this a good investment for you? Certainly. Xaurum might never get to be the most popular cryptocurrency, but it will certainly be a very valuable one after some time. This happens because the action of diminishing the tokens while making the gold intact is an excellent tactic to keep the value of this cryptocurrency high.
If you like Xaurum and you want to invest in this cryptocurrency, do not think twice. This can be a great investment for you, so go to a trade and buy some tokens. You will see that they will be way more valuable some months in the future.