Drachm Coin DRACHM is available only with DWECOIN. DRACHM is redeemable with silver ounces on our marketplace. Example: DRACHM trading at .10 cents you can request .10 cents of silver, of course, there is no silver coin that is .10 cents, so we ask that you wait until you have enough to trade for one ounce of silver. The ounces of silver are stored by a trusted custodian (preferably third party) and can be traded with other coin holders. This will be stated in our white paper.
DRACHM has a max supply of 10,000,000 Coins backed by pure silver ounces.
Our name comes from Silver Tetradrachms
Valued at 4 Drachms, these large silver coins formed the backbone of Macedonian silver currency.