Tiberius: at the junction of the cryptocurrency and metals markets

in #ico6 years ago (edited)

Tiberius eng top.PNG

The cryptocurrency market has one very interesting feature: virtually any digital coin repeats bitcoin's schedule. Whatever technology is behind a certain coin, it somehow is still attached to the first cryptocurrency of the world. The market indicator can be safely taken bitcoin because the fluctuation in its rate often leads to similar fluctuations of top altcoins. This on the one hand plays a cruel joke with many traders and investors. Partly it happens, you got some part of the coins, like with the good technology behind it, when bitcoin started to move down and your investment portfolio followed it. The situation is not fun especially if your portfolio has tens or hundreds of thousands of dollars. More stable and liquid in this regard is considered the market of industrial metals, which is considered to be a tool for hedging inflation.

To solve similar problems in the field of cryptocurrency, Tiberius Coin project was conceived. This project is connected with the market of technical metals, which has a capitalization of 34 trillion dollars. Tiberius Coin is a completely new approach in the cryptocurrency world, it will be directly linked and reinforced with physical metals used in various technological sectors such as robotics, Internet of things (IoT) and telecommunications, transport, and space industry. This approach allows the project token to always have value in the market and never fall to zero price values. By exchanging Tiberius Coin for dollars, you will really affect the metal market, which is quite liquid. Thus, this market will absorb the strong volatility of the cryptocurrency market providing a stable price level while maintaining the growth potential. In addition, Tiberius Coin may fall only to a limited amount with a bear market, this is one of the main advantages of a coin because the market value of the token is supported by the intrinsic value of the underlying metal. Looking at these facts, an opinion is formed about a safe and stable long-term asset.

Tiberius is a global asset manager, mining operator, metals trader, and investor in Commodities Technology (ComTech) based in Switzerland. Each investor of the project will become the owner of a special basket of metals (a full basket is equal to 1,000,000 coins, holders of such baskets will have the function of exchanging tokens for metal or cash). That is, the project's token is tied to the property. If the investor decided to purchase the metal for any purpose, then the equivalent of tokens in proportion to its basket value is destroyed. This is protection against token inflation. The presence of tokens will be equal to the presence of metal. Participants and investors of the project will have to undergo the procedure of KYC and AML, as well as conclude three contracts, which in the future will be safely stored. The agreement on sale, storage, and the third agreement on the transfer of property - these documents fully have legal force, and the owner of the coins at any time has the right to demand their originals.

The project is based on the blockchain technology. A decentralized network will eliminate the risk of theft of tokens, as well as increase overall security, trust between participants, and transparency of the entire system. Thanks to smart contracts, fast and reliable transactions will be carried out around the world.

Advantages:

  • Project token is a valuable asset fixed by physical metals.
  • Decentralized system.
  • The prospect of the project for a long time: metal is a growing asset that will be used almost always.
  • Stability: the price factor remains always stable, even in a bad market relative to trade.
  • Security: even if several cryptocurrency markets or metals are closed, metal will not lose in value, which means that your invested funds are always protected.
  • For traders: T-coin will be an excellent enrichment tool as auto giants always need metal and offer cash for it, thereby increasing the demand for metal-coins leading its course to growth.
  • The presence of partners who have succeeded in the business of the cryptocurrency world (plus the Swiss exchange Lykke).

Token and ICO details

Ticker: TCX.
Total number of coins: there will be no restriction, coins will be issued from the amount of purchased metal and similarly to be burned from its sale.
Standard: ERC20 (Ethereum)
Price of the token: 0,7 $.
Date of main sales: October 1 - October 21, 2018.
Hard cap: $ 70 million.
Soft cap: None.

To learn more about the details of this project, as well as to participate in the purchase of platform tokens, visit the official website https://www.tiberiuscoin.com/ and read the whitepaper: https://www.tiberiuscoin.com/wp.pdf

Author Cryptozond: https://bitcointalk.org/index.php?action=profile;u=1190894
ERC-20 wallet: 0xE09319CEB0C8cf2029e27F85E1Bcb1159c63aF8e

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