Exchanging other Currencies into EVO
Currencies that are NOT working according to the JMS-Template and which wish to exchange their Currency into the EVO can do that as follows.
Express the value of such other currency in either 1KG of Fine Gold (0,999GLD/ 24K) or 1 Troy Ounce of Fine Gold.
The following website can be used to calculate the rate of a currency in Gold: http://www.goldrate24.com/gold-prices/;
Then convert that value in Gold into EVO through setting that value in Fine Gold off against the New FIXED Gold Standard of the JMS.
EXAMPLE (1KG fine Gold):
USD$ 41,776.73* set off against EVO 40,000 >> USD$ 1 = EVO 0,957
EURO€ 31,279.41* set off against EVO 40,000 >> EURO€ 1 = EVO 1,278
*) Based on the amount of the currency that needs to be paid to purchase 1KG of Gold on August 19th 2014.
The EVO & JUST BANK
The EVO will be operated by "Just Bank", which banks with a 100% backing by REAL ASSETS. Therefore does the EVO also have that property, as well as the other Components of the JMS.
More about The EVO will be released later on.