RE: The Silver Penny Project: Whoa! This Keeps Getting Better! Steem is Up!
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I would like to Buy more SLVP but before I do I would like to Ask You if You have a Back UP Plan in case Something Happens to you ?? If something happens to you God Forbid There would not be anyway anyone Holding SLVP Tokens would be able to Collect Real Silver in Exchange if You are Not Here........I Hope You can give us a Full Explanation of How We Would be Protected as Investors in Your token in case of a tragic event...........@thesilverpenny
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Excellent question! @stokjockey
The safest way to ensure the value of your SLVP tokens would be to exchange them for the physical silver coins. Like most tokens which are redeemable for a tangible item, in the unlikely (but unfortunate) demise of the issuer, there is no guarantee of exchange. However, the silver quarters are accessible by other people and would be exchanged on demand by them. They have access to the quarters, keys and discord login.
I've limited this initial phase of the project to 40 silver quarters, so the total value of SLVP will never exceed the value of 40 silver quarters . If you were able to acquire all 1000 issued tokens, it would not exceed a value currently $128 USD + numismatic value. (As of February 13th, 2020)
IF you haven't joined already, check out our discord channel:
https://discordapp.com/invite/2AhM2qE
Posted via neoxian.city | The City of Neoxian
Thank You for Your Response much Appreciated. I like the Fact that You have a Back UP