Can the Aramco Coin Concept be applied to Other Global Commodities?

Friends, the Aramco coin has its origins from the idea of having a strong currency that has a backing on raw materials … namely crude oil. Aramco has dual headquarters in Saudi Arabia and the UK. The ARM digital coin ICO will begin with 3 phases 1) Phase I - Pre-sale on April 24th, 2018. The pre-sale will run until May 8th, 2018. The incentive for investors during this time is a 15% bonus on all purchases. 2) Phase II - -1 sale on May 9th 2018. The Stage-1 sale will run until May 23th 2018. The incentive for investors during this time is a 10% bonus on all purchases, and 3) Phase 3 -2 sale on May 24th 2018. The Stage-2 sale will run until June 7th 2018. The central question is whether other ARM-like Cryptocurrencies backed by specific commodities or raw materials such as natural gas, copper or platinum are viable – even as niche markets and applications – in the global economy? Let us know your comments. Lawrence, CryptocurrencyAcademy (https://cryptocurrencyacademy.blogspot.com)