July 28th, 2017 (Mexico City, Mexico): SLVR, a new digital currency provider has invested more than 28 million dollars of its own capital to secure product success. This significant capital investment went into modernizing a silver mine near the capital of Mexico. SLVR now possesses sophisticated mining equipment and infrastructure coupled with approximate reserves of 80 million ounces.
SLVR will be launching their ICO August 1st, 2017 via a crowdfund that is based on the token price of $10 USD that will pay more than a 60% return at the outset if silver prices hold at $16.50 per ounce. Each digital coin with a trading symbol of SLVR is backed by one ounce of .99% pure silver.
“This is an incredibly rare opportunity for investors to use a worldwide digital currency that is stable and backed by a hard asset. These digital coins will be reinforced by the silver being collected from our own mines.” - Robert D. Scott (COO of SLVR).
This is a first in the crypto currency sphere and is bound to garner serious support from precious-metals enthusiasts who do not think crypto currency holds any real value. Every ounce of silver will be stored in secure vaults with audits being performed by a professional accounting practice.
The tokens will utilize the Ethereum block chain to secure smart contracts. Clients may request physical delivery of assets from the vaults via web interface through the SLVR homepage. Token holders would need to log in and cash their tokens for “hard” silver. All “hard” silver will be shipped through insured air carriers. As an incentive for early purchase SLVR will be hosting a tour of the mining facility for 50 of the largest token holders.
For more information on SLVR or its crowdfund information, please visit SLVR’s homepage (www.slvrmine.com). Make sure to join the slack channel to speak directly with the SLVR Team.