Market Overview

Netcoins Lists Gold Legal Tender Token (Quint); Launches Listing as a Service (LaaS) Business Model for Coins

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VANCOUVER, BC, Aug. 02, 2018 (GLOBE NEWSWIRE) -- GAR Limited. d/b/a/ Netcoins ("NETC" or the "Company") (CSE:NETC) (OTC:GARLF) is pleased to announce that it has listed Quint, available for purchase on August 7th, via our OTC Private Brokerage Services Business. Quint is our third in a series of tokens, which includes recently listed Pareto and Komodo, to be listed by Netcoins. Quint is also our first precious metals coin to be listed. Quint will also be available via our 21000+ retail locations in Australia, Europe and Canada on August 7th. To purchase Quint, please contact Netcoins at (844)-515-COIN or OTC@goNetcoins.com.

Quint offers the stability of gold, the accountability of crypto, and the legality of fiat.  Each token constitutes a cryptographic fractional interest in real, fully insured, gold coinage held on a 100% reserve basis in a live-streamed vault.  When you hold Quint, you hold American Eagle/Buffalo legal tender gold coin, payable to the bearer on demand in 1,000 token minimum increments.  Quint is neither a security, nor an unbacked cryptocurrency, whose price typically rides on market speculation.  Each Quint possesses the stable, reliable value of one 1/1000th of a troy ounce of fine gold, with perpetual pre-paid vaulting and insurance included.

Learn more about Quint here: www.gonetcoins.com/Quint

Lawrence Hilton, Quintric's General Counsel said,"Quintric is thrilled with its new partnership with Netcoins, which will allow an unprecedented level of access to Gold Legal Tender - unseen for nearly a century." Of note, Mr. Hilton conceptualized the Specie Legal Tender Act adopted by Utah in 2011 and emulated by Oklahoma, Arizona and Wyoming.

"The Quint Token is another excellent addition to our platform, giving our user base and resellers access to a Gold Legal Tender coin," said Netcoins CEO Mark Binns. "The ongoing exposure that Netcoins provides each coin, as we list them, offers tremendous value and we look forward to adding more coins quickly."

Netcoins is receiving $25,000 USD from Quintric as a listing fee, which is also a recurring annual fee, launching our LaaS (Listing as a Service) business model for coin listings. Netcoins is the first exchange globally, to our knowledge, to launch a recurring fee based coin listing model. 

About the Company
The Company is in the business of developing software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor through brokerage services. Netcoins enables crypto transactions via 21,000+ retail locations in Canada, Europe and Australia and an Over-The-Counter (OTC) trading desk.

ON BEHALF OF THE BOARD OF DIRECTORS

"Mark Binns"

Mark Binns
CEO and Director

For Investor Relations Inquiries please contact Skanderbeg Capital Advisors at 604 687 7130 or email ir@gonetcoins.com 

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding "Forward-Looking" Information
This information release contains certain forward-looking information. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by statements herein, and therefore these statements should not be read as guarantees of future performance or results. All forward-looking statements are based on the Company's current beliefs as well as assumptions made by and information currently available to it as well as other factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

 

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