The Commission Token – The Blockchain Backed by Gold: Leaping Into The Future, Bridging Hard Assets and DeFi Phase One – Yahoo Finance

When Asset backed crypto? NOW.
NEW YORK, NY / ACCESSWIRE / April 25, 2022 / The Commission Token (CMSN-USD) has released an updated roadmap outlining plans for entering the DeFi space as the first token to both have a Gold treasury contract. In addition The Commission will allow holders to stake for Pax Gold in the next 48 hours as well as Asset Backed, augmented reality based NFT's coming in May, a revolutionary concept. "This week will mark a milestone in the history of Decentralized Finance" said Seth Weiser, strategist at The Commission Global LLC. "The commission, which launched on April 6th 2022, has already has achieved goals in 3 weeks which most companies in Blockchain or corporate, achieve in a year" said Weiser.
The first major milestone was CMSN's agreement with Saitama (Saitmama-USD). This allows Saitama to benefit from the tokenomics of the Commission by having money flow daily into their marketing and development wallet. In return, The Commission will be able to utilize Saitama's expertise, and leverage their world class team's depth of experience in the world of DeFi, the future of finance. Using the tie-up with Saitama, it quickly became time for The Commission to develop an individual utility. Given the teams extensive experience in global commodity markets it was decided hard assets are the way go to. This idea has been not only well received by the community, it has been welcomed by more traditional investors as well. This week the commission will allow all all holders to stake their CMSN tokens and earn ROI in PAX GOLD, a novel idea in the space. The commission has now been approached by several other large tokens to develop a blended staking contract. This method of staking will cause tremendous demand for the already limited Commission token as the other projects will have to buy CMSN in order to stake for Gold. In addition, large private (accredited) investors and hedge funds will be investing directly into The Commissions Treasury, which gives the contract the asset backing of Gold. As per the commissions roadmap gold is just one asset The Commission will be investing in. Other hard assets, including tokenized land, other metals, Co2 credits and other Blockchain projects will all be a part of the Commissions treasury.
Why Gold?
Over the last few years a debate has developed regarding BTC -vs- GOLD. We see both sides of the coin, but frankly the debate is just wrong inherently. We strongly believe these two assets can and will be used symbiotically. The Commission views BTC/other large tokens as portable Gold. However, The CMSN also believes at the same time it is optimal to combine the hard asset of Gold with tokenization, and that is precisely what they are doing. The fact is history has shown that Gold is the asset of choice during times of inflation, war and fiat currency declines. This is precisely the current situation. By combining crypto and Gold, one receives the speculative leverage of The Commission Token, strengthened by the most prized historical asset: GOLD.
Over the next weeks and months, the commission will hold "Live Gold Liquidity Injection Events", where holders will in real time be able to see money flowing into the commissions treasury contract, in a graphically unique way. The stated goal is to have over $100 Million USD in Gold in the treasury contract by the end of Q3. Each event will be accompanied with community participation, major marketing , and interviews with investors and major players in the gold and crypto space.
The commission is committed to helping those in need. As such we have already made our first donation to The Buried Alive Project and every week our community will be voting on a new charity in a Twitter Vote. All charities voted on must accept crypto as payment for maximum transparency to our community and investors.
"This is the first pitch of inning one for the Commission" said Weiser. As other tokens strive to find any actual use case, 99 percent have zero and will end up at zero, the Commission IS Gold. There are so many things in the short to medium term pipeline from multiple Tier One Exchange listings , to a Commodity Based Tokenized DEX to partnerships with major corporations. The Commission's holders are in for some pleasant surprises that only two weeks ago seemed unattainable.
From a compliance perspective, the Commission has been speaking to and starting to retain only A+ lawyers only in the space. The Commission has and will abide with all current and new state and federal legislation. Lawyers on full retainer will be announced this week as well.
About The Commission:
The Commission is an ETH blockchain DeFi project that has developed a new and innovative marketing concept built around the direct participation of its community. There will be weekly trials where its members will vote and make a decree on the Saitamask "token of the week" (which will receive 1% of taxes to buy/burn their token), as well as votes to decide charitable donations, contest winners, and much more. Furthermore, 4% of The Commission's overall tax structure will always go to funding Saitama's marketing wallet, on top of the decreed Saitamask "token of the week's" 1% buy & burn. This unique concept, in addition to an official partnership with Saitama, is truly what sets The Commission apart from all other communities and tokens. The Commission will provide two different opportunities for its holders to invest and obtain gold. One of the options will be to stake CMSN tokens, while the other will allow investing in The Commission PAXG Gold Treasury vault. Please see this new concept in our "staking" section below. Lastly, CMSN will be investing in other projects in return for gold as partial collateral. The contract of The Commission cannot be modified since it has been renounced, which provides greater security to investors. Holders are the basis of decision making for implementation of new marketing strategies ABOUT and platforms.
The key members of The Commission team are fully Doxxed to Saitama and some publicly. The Commission is committed to ultimate transparency.
Disclaimer regarding forward looking statements:Certain information set forth in this presentation contains "forward-looking information", including "future-oriented financial information" and "financial outlook", under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company's business, projects, and joint ventures; (iv) execution of the Company's vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company's projects; (vi) completion of the Company's projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company's current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
SOURCE: The Commission

View source version on–The-Blockchain-Backed-by-Gold-Leaping-Into-The-Future-Bridging-Hard-Assets-and-DeFi-Phase-One

Gold futures fall Monday, settling at their lowest since late February with prices unable to benefit from a flight to quality as the U.S. dollar surges.
(Bloomberg) — Stocks in Asia looked set for a cautious start Tuesday after bonds rallied amid concerns that China’s Covid-afflicted economy will sap the global recovery. The nation’s central bank took steps to bolster the yuan.Most Read from BloombergElon Musk Lands Deal to Take Twitter Private for $44 Billion‘Weak Sauce’: Elon Musk’s 2018 Feud With Saudi Fund RevealedAnger in Japan as Ukraine Links Emperor Hirohito to Adolf HitlerMusk Nears $43 Billion Deal for Twitter as Soon as MondayStocks
(Bloomberg) — Fears about the economic toll of China’s strict Covid Zero policy intensified Monday, as news that lockdowns were spreading to Beijing sent stocks, commodities and the yuan tumbling. Most Read from Bloomberg‘Weak Sauce’: Elon Musk’s 2018 Feud With Saudi Fund RevealedAnger in Japan as Ukraine Links Emperor Hirohito to Adolf HitlerUkraine Latest: U.S. Vows to Step Up Weapons for KyivUkraine Latest: Zelenskiy Says Top U.S. Officials to Visit KyivStocks Tumble as China Lockdowns Rattl
The Dow bounces back as investors shake off early weakness tied to China's expanded COVID-19 lockdowns and the Fed's aggressive rate-hike plans.
Gold is 1.3% lower this morning, as it is trading the lowest since late March. What about the other precious metals?
(Bloomberg) — U.S.-listed Chinese stocks whipsawed Monday to end the day higher, as investors weighed the economic ramifications of the country’s expanded Covid measures in major cities.Most Read from BloombergElon Musk Lands Deal to Take Twitter Private for $44 Billion‘Weak Sauce’: Elon Musk’s 2018 Feud With Saudi Fund RevealedAnger in Japan as Ukraine Links Emperor Hirohito to Adolf HitlerMusk Nears $43 Billion Deal for Twitter as Soon as MondayStocks Set for Cautious Open on China Covid Worr
Global oil markets seeking direction due to China lockdown
The stock market fell Monday morning as oil stocks led decliners on fears that a Covid lockdown in China will spread.
The gold markets have fallen a bit during the trading session on Monday to threaten a major support level.
Important chart recovery action is now needed to bring the idea back to a point of some credibility. All the major equity indexes closed at or near their intraday lows with all but one chart breaking support, thus turning all near-term trends negative except for one. Market breadth weakened further and is now negative on all the indexes.
While the Dow Jones closed higher, concerns of a slowdown amid the Covid outbreak in China sent both interest rates and oil stocks lower.
Silver settled below the support at $23.70 and is testing the next support level at $23.50.
(Bloomberg) — U.S. equity index futures signaled further losses on Monday as investors fretted over monetary tightening and risks from China’s Covid-19 lockdowns, while technology stocks remained under pressure from higher bond yields ahead of a big week for earnings.Most Read from Bloomberg‘Weak Sauce’: Elon Musk’s 2018 Feud With Saudi Fund RevealedAnger in Japan as Ukraine Links Emperor Hirohito to Adolf HitlerUkraine Latest: U.S. Vows to Step Up Weapons for KyivUkraine Latest: Zelenskiy Says
U.S. stocks finished higher Monday as tech stocks bounced from correction territory to lead gains on Wall Street following Elon Musk's successful $44 billion 'take private' bid for social media group Twitter . The late-afternoon moves reversed sharp earlier to declines, triggered by bets on faster Federal Reserve rate hikes and China's accelerating Covid crackdown, which could trigger new business and travel restrictions in the capital of Beijing. The Dow Jones Industrial Average, which had fallen by nearly 500 points by mid-day, ended 238 points higher, while the S&P 500 gained 24 points and the tech-focused Nasdaq Composite rallied 141 points.
Stock futures slump on China Covid worries, fed rate bets; Week Ahead: earnings, inflation and GDP in focus; Twitter shares higher on report of takeover talks with Elon Musk; Tesla shares slip as Shanghai extends Covid lockdown, Beijing orders testing and AT&T shares edge higher on Goldman 'buy' rating
European stocks slid to a one-month low and commodity prices dropped on Monday on renewed concerns about rising interest rates and China's sputtering economy, while Wall Street shares rose, reversing losses after Twitter agreed to be bought by billionaire Elon Musk. Fears over China's COVID-19 outbreaks spooked investors already worried that higher U.S. interest rates could dent economic growth.
The price of oil (and global stocks) dropped for a second day on April 25 as China's efforts to contain an outbreak of COVID-19 — and the Federal Reserve's indication that it could raise interest…
Silver markets have fallen significantly during the trading session on Monday to break down through the 200 Day EMA. At this point, the market looks as if it is trying to break down much further. In the short term, I suspect that rallies will continue to be sold into.
India's benchmark 10-year bond yield saw its biggest single-day fall in nearly 20 months on Monday amid a drop in crude oil prices and as global risk-off sentiment prompted investors to cover their short positions. The rupee fell to a one-and-half month low, tracking falls in the domestic share market and other Asian peers on concerns that Beijing could join Shanghai in a strict COVID-19 lockdown which weighed on Chinese stocks and the yuan. India's benchmark 10-year bond yield closed trading at 7.04%, down 13 basis points on the day, its biggest single-day fall since Sept. 1, 2020.
The Western sanctions imposed on Moscow after it sent its troops to Ukraine on Feb. 24 put "tremendous pressure" on Polymetal in the first quarter, the London-listed company said. "The Board and management continue to actively explore options to adjust company asset ownership structure to preserve shareholder value and address the needs of other stakeholders," Vitaly Nesis, Polymetal's CEO said in a statement. Polymetal, Russia's second largest gold producer after Polyus, said it had rationalised its investment plans, with the result that its POX-2 project, a processing plant in Russia, will face a six-month delay due to supply chain challenges and is now expected to start production in the second quarter of 2024.