MidasCoin Economic Data shows the value of MidasCoin in multiple currencies at all times, using the Guaranteed Value Algorithm
The value of MidasCoin is generated by dividing the gold reserve with the total amount of MidasCoins to be issued within 36 months (actually 20,000/ 7,611,236). The MidasCoin value is recalculated every 10 seconds, based on the daily increment.
The starting gold reserve is 20000 grams, and the guaranteed MINIMUM daily increase is 333 grams for the first 12 months, 666 grams for months 12 to 24, and 1500 grams for month 24 to 36.
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