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Home Spotlight

Themis Ecosystem is Preparing the Second Auction for a Gold-Plated PP8 Bullion Coin

by News Room
March 15, 2023
in Spotlight
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Themis Ecosystem is set to celebrate the first stage of the public opening of the Online Industrial Exchange (OIX) in March 2023 with an auction of a gold-plated bullion PP8 coin. This item is unique, and only early supporters of Project Phoenix8 received it. The coin was issued in a very limited quantity. Every bullion coin comes with a special certificate and its unique number. Therefore, it has a high collectible value.

The upcoming event will be the second public auction for the PP8 gold-plated coin. The company has provided more details about the procedure, valid for early PP8 supporters who own the coin only.

A unique event dedicated to the Online Industrial Exchange (OIX) launch

The event will happen in two steps. In the first one, the company randomly selects one of the coin’s owners. The owner will have a chance to put it up for an auction or to decline the offer.

If he agrees, the team will proceed with the second stage, an auction. If not, the team will draw another number and repeat the procedure with the second person. And then with another one, if necessary, until they find the owner prepared to part with his bullion coin.

The owner’s decision to sell the coin could be quite intriguing for many of them. The first similar coin, contributed by the company, was auctioned last year. The price achieved the whooping US $20.000, and the company gave all the money to charity.

The fact that the coin was sold for that high, astronomic amount can give owners a second thought. If the PP8 gold-plated bullion coin is so valuable, why not keep it for a while and sell it later on for an even higher price? It is most likely that its price will rise in the future.

More about the draw and auction

The company launched a campaign in January and February to check which early supporters had not yet received their PP8 bullion coin. After assuring all of them get one, the team will draw a lucky winner among all the numbers that represent bullion coins. A random number generator will do this. To assure maximal fairness, all employees will be exempt from the process – even if they legally own the PP8 golden-plated bullion coin.

A special committee will control the procedure to ensure the process is legit and fair to all coin owners. The lucky winner will be contacted to decide whether to contribute the coin to the auction or not.

The team assumes that the lucky owner will gladly contribute his coin. But they will be prepared to repeat the procedure as often as necessary to find someone willing to sell the coin. After that, there is no turning back. The owner agrees to sell the coin to the highest bidder, regardless of price.

After selecting the coin, the second stage will emerge. The team will invite interested parties and collectors to bid on the coin. Bidders can examine the coin upfront and only then decide if they want it and for what price.

After the auction, the buyer will transfer the agreed amount of money directly to the seller or wherever the seller wants to, for example, to a selected charity.

The highest bidder will take care of the payment of taxes and commissions on his side, while the seller will take care of the payment of taxes and commissions for himself.

The starting price was not revealed yet, but it would be, we assume, at least US $1.000,00. That way, the coin owner can get at least that amount.

Another important fact is that Themis Ecosystem will not charge commissions or take final price shares. “For us, this is a charity activity, and everybody involved is more than happy to do their job for free,” announced Roberto Hroval, the founder of the Themis Ecosystem.

On the question, if the lucky owner is obligated to give money to charity, he responded: “No, not at all. We did that on the first auction, and it would be great if that tradition continued. But we will not tell anybody what to do with the money.”

The beginning of the OIX era

The upcoming auction of the PP8 gold-plated bullion coin is an excellent opportunity for collectors to own a rare and valuable coin and celebrate the year of the Themis Ecosystem’s European Launch.

The ceremony is just the first of the many events planned for 2023. However, it differs from others by its charity note that We4Next Nation – a Themis Ecosystem’s movement – is known for.

It sounds like a winning combination; a successful company, charity work, and a lot of publicity for the upcoming Online Industrial Exchange (OIX) opening.

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