The New Silver Standard,
Enabled as Modern Money SilverDollar (SLVD),
was created for easy real-world use.
The price of a SLVD is always redeemable for $1 USD of silver.
SilverDollars are private money.
Because of it's stable value it is easy to use as money.
SilverDollar represents $1 USD, so it's value moves with the USD,
SilverTokens represent silver, so it provides protection against inflation.
The value of a SilverDollar is always $1 USD of silver.
Because of this stablity it,
provides an easier and more reliable way than Bitcoin to calculate the cost of purchases.
SilverDollars are more stable than cryptocurrencies backed by Dollars, Euros or Yen.
There’s a sound reason.
When a digital token is backed with government money, the problems of inflation and the erosion of purchasing power remain.
On the other hand, with SilverDollars are always redeemable for $1 USD of silver.
Silver is the cornerstone of the SilverToken organization. So It’s vital that all our vaulted silver meets or exceeds specific standards. For example, the silver content in "Sterling Silver" isn’t pure enough to meet our standards.
At SilverToken, we only vault 99.9% pure investment-grade silver.
It’s critical that the silver represented by SilverTokens and SilverDollars is recognized in the international markets for precious metals.
The international standards for silver are defined by the London Bullion Market Association (LBMA). These standards are commonly referred to as the “Good Delivery” requirements.
Although we do not agree with the entire philosophy of the LBMA, we abide by its standards, because we believe they are a good standard for miners, minters, refiners and SilverToken.
As a result, you can always trust the value of the SilverTokens and SilverDollars.