Ethereum-based gold-backed token. Xaurum is a representative cryptocurrency based on an increasing amount of gold. It is designed as a store of value on the ledger, and uses distribution of profit of money creation (seigniorage) to achieve its goal. Regardless of the technology of its implementation, Xaurum could be summed up as an economic game with the next economic agents: the commonwealth gold reserves, traders, users, money creators, money destroyers and the foundation. Increase of the commonwealth gold provides the basis of unity of interests of all economic agents, this is the main systemic function of seigniorage, its other functions are used to regulate the particularity of the interests of economic agents into unity.

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Coin’s Details

  • Market Capitalization

    3 239 630.30

  • Volume 24H

    11.21%

  • Blockchain

  • Circulating supply

    76 758 813.96

  • Total suplly

    76 758 813.96

  • Proof type

  • Algorithm

  • Team Location

  • First announced

Xaurum (XAUR) News