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Silvertoken

Ended
Ended: Nov 30, 2017

Silvertoken is a secure currency able to store the labor, wealth, and value of our past, present and future creating a bridge between the intangible ecosystem of cryptocurrencies and the enduringly tangible world of Silver.

Silver + Crypto = Stable and Secure

Website

silvertoken.com

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ICO Details

Ticker Symbol:
SLVT
Platform
Ethereum (ERC20)
Country:
USA

Public Crowdsale

Ended
Date Sale:
Nov 1, 2017 — Nov 30, 2017 @ 29 days

ICO Overview

Silvertoken is a secure currency able to store the labor, wealth, and value of our past, present and future creating a bridge between the intangible ecosystem of cryptocurrencies and the enduringly tangible world of Silver.

About Silvertoken We aim to calm the volatility of the cryptocurrency market: thus, Silvertoken. Silvertoken is a receipt for the purchase of silver giving the token intrinsic value, and it is built on the Ethereum decentralized blockchain using ERC-201 standards. Because Silvertoken functions as a digital token receipt for the purchase of physical silver, it carries more stability and less price volatility than other cryptocurrencies that are not supported by a precious metal. Every time a transaction takes place, a fee is collected. Parts of this fee fund storage and operating costs, while the rest is reinvested into buying more silver. So, as Silvertoken gains usage and the overall amount of purchased silver increases, the amount of silver represented by each token increases. This means each token will grow in value while purchasing power remains stable or increases. Just as fiat currencies once could be exchanged for the precious metals that backed them, Silvertokens can be redeemed for their physical silver. We plan to achieve our aim of steady, long-term growth by increasing Silvertoken’s value through this reinvestment into physical silver, as well as additional investment into future technological improvements. Silvertoken is a new and unique cryptocurrency created by linking physical silver to a digital token.

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