Coins backed by gold are a more recent variation on the stablecoin concept. Copyright 2022 Asia Broadband, Inc. All Rights Reserved, How to tap into the fast-growing crypto user base and grow business, All You Need to Know About Crypto Credit and Debit Cards, Looking to start accepting crypto payments? As a hybrid cryptocurrency, AABBG has a peg with actual gold, differentiating it from a traditional stablecoin. CoinMarketCal is the leading economic calendar for cryptoassets (coins, tokens and NFTs). Asia Metals Inc. 2021. The companys mining production and acquisition plan will represent an essential engine in the projects growth. For businesses, it provides a safe and secure way to accept payments. The AABB Gold token is an Ethereum-connected token that is compliant with the ERC-20 standard. AABBG is the official ticker for the cryptocurrency coin. Send AABB Gold and other crypto securely by email, SMS or social media. In contrast to other digital assets, AABB Gold is betting on its Mine-to-Token gold-backing. The "AABBG Token" refers to a general-purpose cryptocurrency, implemented on the public Ethereum blockchain (the "Ethereum Platform") as an ERC20 token AABBG Tokens are intended to be used at the currently existing AABB Wallet platform and for all transactions within the AABB Wallet and partnered ecosystems that can be developed and partnered The AABB Exchange allows token holders to exchange AABBG for other cryptocurrencies such as Litecoin, Ethereum, or Bitcoin. Additionally, all customer accounts have now been migrated to the BCGateway, which will increase the speed of the AABB Wallet navigation and transaction processing. The currency is supported by physical gold blocks at a 1:1 ratio and has a market cap of $2,212,088. The AABB Wallet is the primary tool for managing these assets. The unique aspect of AABBG is its vertical integration of mine-to-token gold-backing, which is unlike any other gold-backed cryptocurrency. Furthermore, token holders may trade these coins on cryptocurrency exchanges. So, if you are looking for a good inflation hedge with a lot of upside potential, AABBG is a great option. However, even though many of these assets have done well, there is currently one asset type with tremendous potential that is being overlooked by many investors. Market growth tends to be slower than other cryptocurrencies. AABB Wallet, Asia Broadbands digital asset wallet, went live at the beginning of 2022. The Tether Gold reserves are held in Swiss vaults and investors are required to pay a small 0.25% fee per transaction. None of the content on CoinCentral is investment advice nor is it a replacement for advice from a certified financial planner. In March 2021, Asia Broadband launched a gold-backed cryptocurrency, using $30 million of its gold bullion as collateral with the goal of becoming a worldwide standard of exchange that is secured and trusted thanks to its unique mine-to-token vertical integration. The Bonanza gold project is another prospective high yield asset addition in the Companys strategic expansion initiative to acquire gold production and increase the AABBs physical gold holdings. His articles cover a range of topics from NFTs and crypto gaming to upcoming projects in the crypto niche. Each token can be redeemed for 1 gram of gold supplied from London Bullion Market Association (LBMA) certificate refineries. A Merchant API will be available through the wallet, and it will permit B2B and B2C transactions. Today we will analyze this concept for educational purposes and mention the, When Gold Investors Meet Cryptocurrencies, With actual gold as its backing, AABB Gold is a popular. The most popular exchange is, The easiest way to buy PAX Gold is through. Here are some of the main features of PayAABB: PayAABB has a lot to offer both businesses and customers. The proceeds from the mine sale back the AABBG token 100%, and the minimum price of the AABBG token is set at the current spot price of gold, to reduce investors' risk. Company management is exhilarated with the Tequila project for its potential for rapid expansion, high production, low operating costs and strong contribution to gross profits. Welcome to the AABB Exchange Trade crypto instantly anytime, anywhere. LAS VEGAS, Dec. 08, 2021 (GLOBE NEWSWIRE) -- via InvestorWire Asia Broadband Inc. (OTC: AABB)(AABB or the Company) is pleased to announce that the Company has now confirmed a December 28, 2021, release date for its proprietary cryptocurrency exchange (the Exchange) within the AABB Wallet. This puts even a single ounce of gold out of reach for many investors. In addition, negotiations are ongoing to add additional concessions to the Tequila Project joint venture. Coming Soon: Links to the SEC for filing complaints about scam stocks, some information about mining scams, how to spot them, etc. AABB expects its token to become a world-wide standard of exchange that is stable, secured and trusted with gold backing, while having the added benefit of demand based price appreciation. The only exchange you can currently buy DGX is. Gold-backed, also referred to as gold-pegged, cryptocurrencies are backed by the physical value of gold. AABBG tokens represent one tenth of a gram of gold. Trade pairs for exchange are also being created from this growing list of cryptocurrencies. Network: Buy Bitcoins Instantly Using Debit/Credit Card, Buy Bitcoin Anonymously (without Verification or ID). To compile our list of the most popular gold-pegged tokens, we evaluated the company that created the token, the current market cap, and the unique features of each project. Pick and use the world's best blockchain wallet. Users can send digital assets instantaneously, and there are no deposit fees or transaction costs involved. One of the main advantages of the AABB Wallet is its security. Asia Broadband Inc. (OTC: AABB)(AABB or the Company) is pleased to announce that it has received mapping and rock sample assay results during the ongoing due diligence process with respect to the Letter of Intent to acquire a historic production gold mine property in the prolific mining region of Acaponeta in Nayarit, Mexico. Pax Gold was founded by Paxos, a US-based trust company and custodian. AABBG offers a variety of benefits to its users, including: All the available tokens use a backing system with physical gold at its core, with a maximum supply of 5.4 million coins. *Now availableinAABB Wallet App foriOS and Android. The Company came to terms with owner Juan Enrique Michel Arambula Y Socios for the 66.6792 hectare concession # 219165, La Guadalupe, located approximately 70 kilometers north of Guadalajara near the town San Martin de las Canas in the municipality of Tequila, Jalisco, Mexico. The Company has recently released its freshly minted mine-to-token gold-backed cryptocurrency AABB Gold token (AABBG) and strives to become a world-wide standard of exchange that is secured. Understand that there is a chance that you could lose your capital. To buy the token, download the AABB Wallet conveniently from the Google Play Store or Apple Store, create an account, and click on "Convert.". There have now been 150 cryptocurrency Exchange trading pairs added into to the BCGateway platform and 50 more trading pairs are planned to be added in the coming weeks. Gold tokens are easy to trade on online exchanges. AABB continues to implement its mining property acquisition strategy to optimize development capital utilization by focusing operations in regions of Mexico where AABB has a comparative advantage of development resources and expertise readily available for rapid expansion and duplication of the Companys previous gold production success. This price fluctuates with the price movements of gold. AABB aims to make its token a worldwide standard of exchange that is secured, stable, and trusted with gold backing, providing unique and outstanding qualities compared to other cryptocurrencies. AABB management and the development team are excited in anticipation of the approaching Exchange launch. Generally, the BCGateway will stimulate transaction growth by allowing for reduced blockchain gas fees for all currencies and increases in speed of deposits, withdrawals, and internal transactions. Not only is it infinitely more convenient to own AABBG than it is to own actual gold, but it is also infinitely more transportable. At the token launch, 5.4 million tokens were made available at one-tenth (0.1) gram of the price of gold, establishing a price of approximately USD 5.60 for each AABBG token. For one, various decentralized finance projects and decentralized exchanges allow people to earn interest on their gold deposits in a variety of mechanisms, such as lending or through liquidity pools. , but rather than being backed by fiat are backed by the value of physical gold. https://ca.finance.yahoo.com/news/asia-broadband-signs-definitive-joint-161000617.html. And that time is now, as the AABB Gold Token will soon have its crypto payment gateway. According to Asia broadband March 9 update the AABB Gold token (AABBG) is backed 100% by physical gold held by the Company in several high security, private locations in Mexico. Gold-pegged cryptocurrencies are designed in a similar way to. AABB Gold token (AABBG) The AABBG token is a creation of Asia Broadband, a company focused on the manufacture and supply of precious and base metals in the Asian markets. The Company will continue to back the token 100% by additional physical gold acquired from future mining production and gold purchased from cash reserves or credit. Here's a good one for starters.. More links coming.in the meantime..here's some good stuff about cryptocurrency and how most of them are set up by scammers, they are worth absolutely nothing, cannot be used for anything, and cannot be redeemed. AABB embraces a pioneering philosophy with its truly unique Mine-to-Token vertical integration operational approach that strives toward complete independence from FIAT currency. The Company now has over $100 million in assets, which is roughly five times as much as it had the previous year. Each token represents 1 ounce of gold. Additionally, all customer accounts have now been migrated to the BCGateway, which will increase the speed of the AABB Wallet navigation and transaction processing. For users to receive AABB Gold tokens . AABBs social media pages (Twitter, Reddit, and YouTube) are also a way to join the projects community. The assays in the geological report revealed high-grade gold, silver and copper values from the non-targeted rock samples that were randomly collected throughout the property at the beginning of the due diligence procedures. AABB also is releasing a freshly minted mine-to-token gold-backed cryptocurrency and expects to become a world-wide standard of exchange that is secured and trusted with gold backing, an. DigixGlobal is a Singapore-based company that provides gold-pegged DGX tokens. Join AABB Exchange, a cryptocurrency platform for investing in digital assets in a single tap. The following gold-backed cryptocurrency guide explores the most popular gold-pegged tokens, who is behind the project, and other pertinent information. Meld Gold was created by Algorand as a stable alternative to altcoins; it makes gold investing accessible to investors in the form of Meld Digital Gold Certificates. AABBG is not a stablecoin but has the stable quality of a stable coins with the token price supported at a of 0.1 grams of the spot price of gold. Because of this fact, the Company decided to price its gold-backed tokens in grams of gold instead of ounces of gold. Gold-Backed Tokens 101: How Do They Work? The only exchange you can currently buy DGX is Coinsquare, where it can be purchased with Bitcoin (BTC) or Ethereum (ETH). The token has a current market cap of $97,382,859.21. are in place for PMGT to be listed on other exchanges. Tether built its reputation as one of the most popular stablecoins. AABBG is not a stablecoin but a hybrid cryptocurrency whose value is pegged to physical gold. In other words, each token has a backing system of a certain amount of gold, which a company holds in a secure vault. AABB holds gold to back the tokens value from its mining production segment. It then uses a unique mine-to-token gold-backing format that verifies gold assets displayed by each token. LAS VEGAS, Oct. 21, 2021 (GLOBE NEWSWIRE) -- via InvestorWire --Asia Broadband Inc. (OTC: AABB)(AABB or the Company) is pleased to announce that it has signed a definitive joint venture agreement to secure a 75% interest in the Tequila Gold Mine Project and 100% of the current and future gold production from the property. Additionally, the Company has made arrangements to release more tokens . Subscribe to receive a weekly selection of 3 coins to watch closely, based on upcoming events and technical analysis. Asia Broadband Signs Definitive Acquisition Agreement for High-Grade Bonanza Gold Mine Project in Acaponeta Mexico. Further token releases will continue to be backed 100% by additional physical gold acquired from the Companys future mining production, gold purchased from cash reserves or credit. AABB expects its token to become a world-wide standard of exchange that is stable, secured and trusted with gold backing, while having the added benefit of demand based price appreciation. From producing an alternative for gaming to Digital marketing plays a critical role in modern business success, as a robust online Real estate accounting has long been plagued with outdated systems and inefficient processes, causing What Are the Trends of Insurtech? The tokens (certificates) are secured on the Algorand Wallet, making them easily accessible to investors who already own a wallet. LAS VEGAS, Nov. 17, 2021 (GLOBE NEWSWIRE) -- via InvestorWire - Asia Broadband Inc. (OTC: AABB) ("AABB" or the "Company") is pleased to announce that the Company has recorded over $1.1 million in AABBG Gold Token sales within the recent 4 week period ending November 15, in advance of the imminent launch of the proprietary . For customers, PayAABB lets anyone spend cryptocurrencies through multiple channels, such as SMS, e-mail, and others. Use referral code: 384412 to receive bounty bonuses! Just recently, over 100 cryptocurrency Exchange trading pairs have been added into to the BCGateway platform. The Company came to terms with owner Juan Enrique Michel Arambula Y Socios for the 66.6792 hectare concession # 219165, La Guadalupe, located approximately 70 kilometers north of Guadalajara near the town San Martin de las Canas in the municipality of Tequila, Jalisco, Mexico. Asia Broadband Exceeds $1.1 Million in Gold-Backed Cryptocurrency Sales Last Month Prior to Launch of Proprietary Cryptocurrency Exchange. Using the secure wallet, you can transfer AABBG anonymously with one click. But the recent upward trend of the cryptocurrency markets makes the . AABB is also venturing into the digital asset sphere as the company has already released a gold-backed cryptocurrency and launched its crypto wallet to store and transfer crypto. The BCGateway platform now accepts and supports 82 cryptocurrencies to purchase the AABBG token in the AABB Wallet, as shown on the new Exchange websiteAABBExchange.com. , and requires Bitcoin or Ethereum to make the transaction. However, every single ounce is backed by physical gold. , Asia Broadbands digital asset wallet, went live at the beginning of 2022. AABB expects its token to become a world-wide standard of exchange that is stable, secured and trusted with gold backing, while having the added benefit of demand based price appreciation. Asia Broadbands subsidiary, Asia Metals Inc., focuses on purchasing high-potential gold assets in well-established mining communities throughout Mexico. Instantaneous AABB Gold (AABBG), Bitcoin (BTC), Ethereum (ETH), and altcoin transactions with the AABB Wallet. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. Complete Privacy. Download the AABB Wallet app to start crypto trading today! The main belief is that when the AABBG tokens are purchased they will generate cash flow for the parent company bringing its stock value up. Trade crypto instantly anytime, anywhere. Because of this fact, the Company decided to price its gold-backed tokens in grams of gold instead of ounces of gold. The Company will continue to back the token 100% by. However, prior to deleting others' content, it should only be done with all Moderator's approval. And to learn more, check out its additional guidance at, The Section Above This Line Maintained by Gitreal, Any Deletions or Modifications to this VERY important Information will be reported to Ihub Admin, _____________________________________________________________________________________________. The AABBG ecosystem runs on the Ethereum blockchain, which provides a decentralized and secure platform for transactions. No deposit fees! Please make sure to do your own research, make educated financial decisions and consult your Financial Advisor. Asia Broadband, Inc. (OTC: AABB), is a resource company focused on the production, supply, and sale of precious and base metals, primarily to Asian markets. No one can create gold out of thin air like fiat currencies, so there is no inflation risk. For example, you can buy gold-backed crypto tokens if you want to invest in gold without physically storing it. Your official stop for branded AABB and AABBG apparel & merchandise. The token has a current market cap of $97,382,859.21. To download the complete Acaponeta-Bonanza Preliminary Geological Report, go to:https://asiabroadbandinc.com/acaponeta-bonanza-report. AABB will be continuing the previous exploration and drilling program on the Tequila property done by a Canadian mining company that revealed multiple gold and silver mineralization veins with high-grade potential. AABB embraces a pioneering philosophy with its truly unique Mine-to-Token vertical integration operational approach that strives toward complete independence from FIAT currency. You can own a token with the same value as gold, without needing to physically hold gold. The gold is stored in both Singapore and Canada, which is a unique value add compared to other gold-backed tokens on this list; by having storage locations in two parts of the world, the risks of just having a single location are mitigated. Metals are the primary emphasis of Asia Broadband, a corporation specializing in metal manufacturing, supply, and sale. Tether Gold was introduced in 2020 and it grew to one of the most popular gold-pegged tokens with a market capitalization of $469 million USD. The bear market will end, the bull market will return, the market will rally, Zaptek Reviews Mosquitoes can be a source of inconvenience and easily ruin a good Are you a Pokmon fan who loves the idea of combining your favorite Pokmon Mariana Marquez, founder of VRTopia, works about 13 hours a day to breathe life WhatsApp is one of the most popular messaging apps in the world, and for VideoBuddy is a popular mobile application that allows users to stream and download videos What Can You Do in the Metaverse? Closely, based on upcoming events and technical analysis the primary tool for managing these assets aabb gold token in. 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