SLVR is the digital currency that is fully backed by Company's 4,892 acres silver producing mine located in one of the richest world deposits in the Sultepec Mining District outside of Mexico City. With the purchase of each coin Investor will be able to trade it for real silver from a designated account holding their silver reserve at Company's 3rd party storage facility.
04.08.2017 — 04.09.2017
The initial crowd sale of the SLVR Tokens will be sold at $10.00 per Token. Each Token is backed by one 99% pure 1 ounce of pure. At the start of this ICO silver is trading at around $16.00 per ounce (per KITCO Aug.1st). There will be a capped total of 23,000,000 tokens after 15 years. The supply of SLVR is initially limited to 7 million tokens for 5 years, after which point and when the reserves are in excess of 100%, new SLVR can be minted by the team according to the amount of excess silver in reserve. The maximum supply of SLVR after 5 years will be 14 million, after 10 years the maximum supply will be 19 million. Finally, after 15 years the SLVR team will be able to mint and sell the remaining supply of SLVR up to 23 million.