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Xaurum Xaurum XAUR

Xaurum Xaurum XAUR

Looking for Xaurum? Find XAUR Price, Exchanges, Reviews, Chart, Historical Data & XAUR Token Marketcap

XAUR

Xaurum

 XAUR

 Rank 621

 Token   Ethereum


Good   Ratings 4/5

$ 0.040493 (0.68%) 

VOTE:      1 
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Xaurum XAUR Xaurum Resources

Today XAUR Price: $0.040493 (0.68%)      XAUR Market & Trading Data

Today Price: $0.040493 (0.68%) 

Market Cap Current Supply Volume (24h) Price %(1h) Price %(24h) Price %(7d)
$4M 98,684,366 $23.16K 0.68%  5.00%  6.33% 
Market Cap:
$4M
Current Supply:
98,684,366
Volume (24h):
$23.16K
Total Supply:
98,684,366
Price %(1h):
0.68% 
Price %(24h):
5.00% 
Price %(7d):
6.33% 

Xaurum (XAUR) Ranked 621 in Coin Market Daddy Currencies Index. Xaurum (XAUR) price is $0.040493. It has a current circulating supply of 98,684,366 XAUR and a Marketcap of $4M. Today Xaurum price is up (0.68%). $23.16K worth of Xaurum (XAUR) has been traded in the past 24 hours. Xaurum (XAUR) currency type is token (Ethereum). XAUR trading is available in number of exchanges. Exchanges information is updated automatically. Stay tuned to check updated information. If you find any error on this page, please Contact Us to update Xaurum (XAUR) and contribute to CMD Cryptocurrency Encyclopedia.

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Xaurum (XAUR) is a smart contract & token system built on Ethereum. It was developed from the previous PoS  blockchain, Xaurum (XAU) which was migrated to the Ethereum platform to lower costs and inflation associated wwith mantaining a Proof of Stake 2.0 cryptocurrency.

Xaurum is gold backed crypto asset, that derives its value from the gold reserves maintained by the Auresco Institute, a non-profit organization created by the Xaurum team. Xaurum is ment to be used as a store of value since the gold base that backs Xaurum is always growing.

The former cryptocurrency, Xaurum (XAU) had an ICO period, in which 1016 XAU coins were sold. In the RICO period, these XAU coins are exchangeable for XAUR at a 1-8000 rate. During this RICO period, anyone was also allowed to send cryptocurrencies and fiat currencies to the Auresco Institute to recieve newly created XAUR. 

In this smart contract system, the old PoS XAU coins that were swapped and the ones that were minted in the RICO period will be in circulation (all of these coins have been backed by gold), and the remaining supply is locked (the locked supply is not backed by gold). Xaurum users have two ways of acquiring tokens, you can earn them in the "Goldmine" or Mint them. 

When mining on the Goldmine, users are exchanging their hashpower in a multipool. The earned coins from staking and mining these cryptocurrencies is used to buy more gold and to release Xaurum that was previously locked into circulation, by backing it with the newly bought gold. The proceeds from the Multipool can also be used to buy Xaurum in an exchange and pay the miners, depending on the market value of Xaurum, mined cryptocurrencies and the gold itself. 

when Minting new coins, users are allowed to send fiat currencies directly to the Auresco Institute in exchange for new coins. These users are called Masternodes but they do not mantain the blockchain. Instead, they are required to have a 1000 XAUR collateral (like Dash masternodes), in order to create new coins. This ensures that any fraud attempt would not be profitable for the Xaurum masternodes.

Profits from running the PoW multipool and from the Minting process are sent to the Commonwealth wallet, and allow the Xaurum system to increase their gold supply at a must faster pace than the XAUR supply itself.

Xaurum Social & Community Metrics
Good   Ratings 4/5
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[XAURUM FACTS] #Xaurum is easily transferable, mobile and borderless. Its short liquidation time means everyone can… https://t.co/aRj0KKOjWK

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20 November, 2018

[Xaurum's Weekly Report] Here are Xaurum's statistics for previous week. If you want to check #Xaurum independent a… https://t.co/qLqwLRCJ3s

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19 November, 2018

Where gold speaks, every tongue is silent. For more about Xaurum visit: https://t.co/BOqhKAGnbC. #Xaurum #goldhttps://t.co/YwmfdZG2HG

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17 November, 2018

How #XAURUM works? It is the first digital asset with a continuously growing #gold base. Together with the… https://t.co/u0pDgDhEbE

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16 November, 2018

"Luck follows the brave." #Xaurum was the first digital asset with continuously growing #gold base and it's not afr… https://t.co/JfLHkksB05

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15 November, 2018

Check Xaurum Review - Cryptocurrency Guide

1 Points     6     Share
14 October, 2018

Xaurum Wiki

2 Points     1     Share
25 August, 2018

LOOL! Each XAUR is now 130% backed by gold :D

3 Points     1     Share
14 July, 2018

HitBTC Withdraw Fee Is Now 167 XAUR from 150 XAUR?

4 Points     1     Share
10 May, 2018

Correction: Xaurum Is Not Under Investigation.

4 Points     0     Share
09 May, 2018
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Recent Xaurum (XAUR) Reviews

Helping peoples to know other views before trading or investing in Xaurum (XAUR)
Good Over all 4/5 Ratings based on 1 Review

Xaurum (XAUR)

  Romeo

 01 June 2018

Good   Ratings 4/5

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 betwee... Read More

Good   Ratings 4/5

Gold-Backed Digital Asset Cryptocurrency

Xaurum is the name of a company and of a new cryptocurrency which has been released in the market so... Read More

Current Price
$0.040493
VOTE:      1 
         
Xaurum Social & Community Metrics
Good   Ratings 4/5
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