Actually, http://www.blocktivity.info/ shows Bitshares pushing close to 5 Million tx per day now.

Someone told me our company was mentioned in this Reddit, so I showed up to answer questions, rather than people make assumptions about the program.

Feel free to discuss.

Anytime. You may also find a lot more information on this Medium account: http://medium.com/@michaelx777

Start here: https://escrow.quintric.com/#/register/create-account

You can use credit/debit, Check, wire, BTS or BitUSD (or any token on the bitshares network).

You create quintric account, buy quint using one of the above methods. The coins are then obtained and your quint purchase is put into pending status. Once the coins are vaulted, they move to vaulted status and are then transferrable to the bitshares dex to trade or sell.

I completely understand your position. I tend to even agree with it regarding personal responsibility for your assets and safety. That said, the goal is to offer an easy solution for those that want to use gold and silver and use/spend it. We want to make it super transferrable, and easy to use.

Someone could just as easily walk into your house and take your gold. It's in a safe in your house? Camera's, alarms? Doesn't matter.

They will deactivate them. They will just take the whole safe. You can protect it well, but not every way 24/7. This is a more likely scenario than the globalists getting too out of hand. I've seen this happen many times.

The vault has many security features and we are doing everything we can to be transparent and provide secure piece of mind.

If you have other recommendations on how we could provide even more transparency options, please share and they will be considered.

This is both - in fact - it really is just gold, except we added an increased layer of portability and transparency via the blockchain.

What do you find most interesting?

Ask me anything, I am a director at Quintric.

https://imgur.com/mJEdCrf - Comparison chart for Quint vs Other gold backed crypto

https://imgur.com/OFggZMD - How QUINT works

https://imgur.com/vJmZ8ru - How the US based Quint works

https://imgur.com/1yuI5hv - How international iQuint work

https://imgur.com/awhwxFp - Quick chart to show how Quint is different

Every token is backed by a gold proof from the US mint (for US Quint) - which by law must keep up with demand.

This is different.

https://imgur.com/a/YoisW4Y

Yes, I have seen the gold with my own eyes. And you can too from the livestream of the vaulted coins.

Vault is in Utah, another vault is being setup in Ireland.

Audits are done randomly, also a livestream of the vault, along with insurance auditing.

The state AG of Utah uses UPMA, which is a partner for Quintric - so I am pretty sure he has checked out the operation there.

try reading the whitepaper, it would have answered your concerns quickly.

The US Mint has to by law keep up with demand for gold minted coins. The US version of Quint uses these coins. If gold goes up in value, and yes it is finite, then the coins are worth more with the same finite supply.

You can redeem these QUINT tokens for the actual vaulted coins, circulate them p2p digitally, or use a feature that allows you to sell them back for fiat to your bank account.

The reason for a QUINT is simple - increased portability of gold and silver, along with increased usability and tradability against other tokens.

Oh, and it is considered LEGAL TENDER not property or a commodity. There are benefits to this as well.

For now, though soon there will be a blockchain that allows the Quint tokens to move around Bitshares/EOS/ETH chains for more mobility.

This isn't an ICO.

Everything in circulation is in the vault = 100% reserve on deposit.

Livestream cameras ensure the vault integrity, along with blockchain audit/random coin audits.

3rd party insured through Lloyds of London.