What is Tiberius Coin
Tiberius Coin (TCX) is an asset-backed coin. The developers claim that each token represents the ownership of the following metals: technology metals (25g copper, 5g tin), electric vehicle metals (25g aluminum, 6g nickel, 1g cobalt), stability metals (3mg gold, 1.5mg platinum). When metal is purchased, Tiberius Crypto Ltd. (TIC) leaves the metal under custody in a warehouse. The latter then issues a receipt that represents the underlying commodity. The individual warehouse receipts are replaced with a global certificate by TIC. The purchaser gets dynamic co-ownership of the global certificate equivalent to their share in the underlying warehouse receipts.
Details
Public sales: Oct 01, 2018 – Oct 21, 2018
Soft cap: 10,000,000USD (fiat)
Legal
Blockchain Platform: Ethereum
Registration country: Switzerland
Token info
Ticker: TCX
Type: Security
Token price in USD: 1 TCX = 0.7 USD
Accepted currencies: USD BTC ETH XRP BCH