aabb gold token
Same thing has been going on here for years. The total purchase price of the property was $6 million split into $ 2 million cash and $ 4 million in restricted shares of Asia Broadband Inc. Gold tokens are easy to trade on online exchanges. The AABBG project is a new way to invest in gold that wishes to offer great security and liquidity. Gold-pegged cryptocurrencies are designed in a similar way to. While AABB Gold is a traditional digital asset, it has the qualities of a stablecoin. This vertical integration of Mine-to-Token gold-backing makes AABB Gold tokens stand out in the marketplace. So, if you are looking for a good inflation hedge with a lot of upside potential, AABBG is a great option. Lastly, the AABB Wallet is also very flexible. The AABB Gold token (AABBG) is backed 100% by physical gold held by the Company in several high security, private locations in Mexico. Never Miss Another Opportunity! The AABB Gold Token, a hybrid ERC-20 cryptocurrency, went live in March 2021 under the AABBG symbol. In other Company news, AABB will be releasing a progress update of the Companys proprietary cryptocurrency exchange version of the AABB Wallet that has been under development with Core State Holdings, Corp. since the recent launch of the AABBG gold-backed token. *AABB Exchange (Mobile Version)- Launched: Tuesday, March 21st, 2022. AABB AABB Gold token. It would be Silly to think, Its used as an excuse for overproviding liquidity, samsamsamiam Is the Debt/Note Really Toxic or, Actually I believe that toxic debt note holder, EXCITING TIMES AHEAD FOR AABB! Consequently, investors may look with interest at this possibility by considering numerous variables. Unlike other gold-pegged tokens in which the gold comes from a range of sources, 100% of the gold purchased using AABBG comes directly from the company's mining project. No data is collected, and transactions are 100% invisible to third parties. 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. New moderators should add their content to the bottom of the Intro. AABBG is the official ticker for the cryptocurrency coin. AABB Exchange is the proprietary cryptocurrency exchange of Asia Broadband, Inc. (OTC: AABB), a resource company focused on the manufacture, supply, and sale of precious and base metals, mainly to Asian markets. This puts even a single ounce of gold out of reach for many investors. Join AABB Exchange, a cryptocurrency platform for investing in digital assets in a single tap. AABBs primary goal for the AABBG token is to become a worldwide standard of exchange that is secured and trusted with gold backing, by progressively expanding token circulation to the primary sales markets of North America and Europe and expand globally to other predominant and high growth market areas. We are in the process of releasing an update this week to address certain minor issue. RISK WARNING: When trading and investing in cryptocurrencies, you automatically take on a substantial amount of risk of potential loss. This site is protected by reCAPTCHA and the Google, Reviewing AABB Gold Token: Why It's a Great Long-Term Investment. What if people could leverage the benefits of holding gold without actually having to hold and protect heavy bricks of gold? The Company is highly encouraged by the viability of these preliminary results that strongly indicate that targeted drilling samples directed by geophysics data could confirm similar high-grade mineralization values and concentrations throughout the property. Trade crypto instantly anytime, anywhere with the AABB Exchange, a cryptocurrency platform for investing in digital assets with a single tap. The product does not require any hardware or merchant fee to work. The most popular exchange is CEX.IO and precious metal dealers include Direct Bullion and Aurica Group. .S. The AABBG ecosystem runs on the Ethereum blockchain, which provides a decentralized and secure platform for transactions. As a cheaper and more convenient alternative, we may one day see gold pegged tokens become the new dominant form of gold ownership for a global, decentralized base of people. 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. After completion in the coming months, the exchange will allow AABB Wallet users to complete quick two-way exchanges of their AABB Gold tokens for major cryptocurrencies such as Bitcoin, Ethereum and Litecoin. A Merchant API will be available through the wallet, and it will permit B2B and B2C transactions. When holding GLC investors have access to unique features such as two-minute confirmation speeds, making it the fastest transaction of all gold-pegged tokens. Their system is easy to use and secure, making it a popular choice for investors of all experience levels. The company wishes to carry on this strategy in several Mexican regions. The team that launched the AABBG Token has worked for years in the gold sector. Unlike other gold-pegged tokens in which the gold comes from a range of sources, 100% of the gold purchased using AABBG comes directly from the companys mining project. Its backed by a ratio of 1000 GLC per ounce of gold, and has a market cap of $1,807,944. Strategically positioned as a revenue diversification and awareness project, the AABB Gold token will create liquidity and monetize physical gold holdings and future gold production. The Section Below this Line Maintained by Gitreal. No one can create gold out of thin air like fiat currencies, so there is no inflation risk. The Acaponeta 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. Additionally, AABBG will have the same potential for price appreciation as major cryptocurrencies, based on market demand combined with the limited supply of tokens in circulation. As a hybrid cryptocurrency backed by the underlying price of gold, AABBG functions in the same way as a stablecoin with the token price supported at a minimum of 0.1 grams of the spot price of gold. 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. This is because it can give investors exposure to gold without having to buy and store the underlying gold asset. LAS VEGAS, April 04, 2023 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) ("AABB" or the "Company") is pleased to announce that the Company has confirmed the concession registration in the. AABBs primary goal for the AABBG token is to become a worldwide standard of exchange that is secured and trusted with gold backing, by progressively expanding token circulation to the primary sales markets of North America and Europe and expand globally to other predominant and high growth market areas. 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. "This is a very exciting time of expansion for our mining and digital operations. AABBG provides all of the same store of value and inflation hedge benefits that traditional gold provides, without the headache of dealing with the actual gold. Additionally, with AABBG, you will not have to pay to have the gold stored in a vault. Asia Broadband Reduces Total Outstanding Shares With 107 Million Share Retirement, LAS VEGAS, May 27, 2021 (GLOBE NEWSWIRE) -- via InvestorWire , Asia Broadband Receives High-Grade Assays Results for Prospective Gold Mine Acquisition in Acaponeta, Mexico, LAS VEGAS, May 25, 2021 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Asia Broadband Inc. (OTC: AABB), please note that in the second paragraph of the release, the link to access the Acaponeta-Bonanza Preliminary Geological Report is. Many new features and capabilities have been added to expand functionality, usability, module additions and market penetration including the web version, Spanish language version and a new Exchange website. Market growth tends to be slower than other cryptocurrencies. AABB management is exhilarated with the Acaponeta project for its potential for rapid development, high production and low operating costs and anticipates completing an acquisition agreement in the very near future. All transactions are private. Hi Chad, thank you for your feedback. Get hand selected news & info from our Crypto Experts so you can make educated, informed decisions that directly affect your crypto profits. With actual gold as its backing, AABB Gold is a popular Asia Broadband digital asset of choice. The following gold-backed cryptocurrency guide explores the most popular gold-pegged tokens, who is behind the project, and other pertinent information. The AABB Wallet doesnt save any information about customers and transactions, so no one else can see what a user trades. The easiest way to buy PAX Gold is through Coinbase, where it can be bought with Ethereum (ETH). The amount of gold used to back a particular gold-pegged cryptocurrency must be held in gold reserves, which are commonly held at banks and other third-party institutions. Bitcoin, the flagship of cryptocurrency, is often referred to as digital gold to indicate its utility as a store of value, but rapid price swings in its short history are concerning to would-be investors keen on exploring digital assets, but with a preference for stability. The advent of cryptocurrency in recent years has disrupted the established financial system As we approach Earth Day, many families are considering greener ways of commuting, running errands, and spending time together. You can own a token with the same value as gold, without needing to physically hold gold. All content on CaptainAltcoin is provided solely for informational purposes. Company management is excited by the Bonanza acquisition for its potential for rapid expansion, high production, low operating costs and strong contribution to gross profits. 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 . The Company partnered with Core State Holdings Corp. to develop their own crypto wallet and exchange to provide a much more seamless and enjoyable token buying and storing experience to its customers. Furthermore, token holders may trade these coins on cryptocurrency exchanges. Investors can purchase tokenized precious metals the same way they would gold and hold them in their crypto wallets. Anyone buy the coin coins and get it delivered, very strong of late, $30,000 the bit coin, I don't subscribe to conspiracy theories, except for, Nothing would be a surprise. The PayAABB solution, as the founders labeled it, will soon go live and bring new possibilities to businesses and customers. Asia Broadbands subsidiary, Asia Metals Inc., focuses on purchasing high-potential gold assets in well-established mining communities throughout Mexico. DigixGlobal is a Singapore-based company that provides gold-pegged DGX tokens. Copyright 2023 TechBullion. If investors arent interested in gold but have an interest in holding other precious metals, AWG has also diversified into the precious metals niche. Each gold certificate is equivalent to 1 gram of physical gold and the market cap is unknown as of April 2022. *Now availableinAABB Wallet App foriOS and Android. Maximize your profits with the most competitive transaction fees in the industry! Theoretically, the cumulative price of the tokens shouldnt be less than the value of the physical assets. Here are some of the main features of PayAABB: PayAABB has a lot to offer both businesses and customers. Most investors are constantly on the prowl for their next great investment idea. The fears of an economic recession and the currently high inflation are. 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 AABB Gold token (AABBG) is backed 100% by physical gold held by the Company and additional releases of the token will continue to be backed 100% by additional physical gold acquired from . We may receive a commission, at no extra cost to you, if you click through our links and make a purchase from one of our partners. The AABB Gold token (AABBG) is backed 100% by physical gold held by Asia Broadband, Inc., with the initial token release backed by $30 million in physical gold. Feel free to add any information to the Intro that adheres to the rules of this site. The Tether Gold reserves are held in Swiss vaults and investors are required to pay a small 0.25% fee per transaction. Because of this fact, the Company decided to price its gold-backed tokens in grams of gold instead of ounces of gold. Gold Coin is available on the following exchanges: ; it can be bought with credit and debit cards. There is a lot to get excited about on AABB as the Company prepares to launch its AABB Gold token (AABBG) an ERC-20 token on Ethereum blockchain. 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. This means that there will never be any AABBG tokens that are not one hundred percent backed by gold. To ensure that every single AABBG token is backed by gold, the Company only releases new tokens when it has the gold in their reserve. Gold-pegged tokens aim to prevent price fluctuations by tying the derivative asset to a tangible asset. Gold-pegged tokens vary in how theyre backed. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. 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 leading blockchain wallet for all crypto coins and tokens, including: BTC, ETH, LTC, and AABBG. Except if that, Perhaps more executives of AABB are waiting to, Not only that, but judging by the amazing, https://opensea.io/collection/golden-baboons-mining-club, https://etherscan.io/token/0xf7f88d2a9497c974cd5f132a3db6a9ab82df78cd, https://www.otcmarkets.com/stock/AABB/overview, https://www.otcmarkets.com/stock/AABB/news, https://www.otcmarkets.com/stock/AABB/financials, https://www.stocktitan.net/news/AABB/asia-broadband-sets-december-launch-date-for-proprietary-97e217qbixc3.html, https://ca.finance.yahoo.com/news/asia-broadband-signs-definitive-acquisition-155700261.html, https://ca.finance.yahoo.com/news/asia-broadband-exceeds-1-1-154300335.html, https://ca.finance.yahoo.com/news/asia-broadband-prepares-imminent-launch-153000269.html, https://ca.finance.yahoo.com/news/asia-broadband-signs-definitive-joint-161000617.html, https://asiabroadbandinc.com/acaponeta-bonanza-report, https://ca.finance.yahoo.com/news/asia-broadband-increases-stock-dividend-123000573.html, https://ca.finance.yahoo.com/news/asia-broadband-confirms-16-8-123000714.html, https://www.otcmarkets.com/stock/AABB/security. For businesses, it provides a safe and secure way to accept payments. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. Instead of the gold stores being held by a private company, all gold purchased at PMGT is traded and stored at The Perth Mint. As of February 12th, 2021, the wallet is not available, but a pre-registration form is available in order to purchase tokens on the AABB Wallet. Your official stop for branded AABB and AABBG apparel & merchandise. The proprietary exchange will also add tremendously to transaction fee revenues and allow for the price appreciation of AABBG, influenced by market demand and the limited supply of tokens released into circulation. Because of this possibility, investing and trading in cryptocurrencies is not suitable for all types of investors. From a larger focus on DataOps As we approach Earth Day, many families are considering greener ways of commuting, running Financial system development has kept pace with technological progress. The token uses a gold . 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. In contrast to other digital assets, AABB Gold is betting on its Mine-to-Token gold-backing. Start Now Trade, Deposit and Store Crypto with our AABB Wallet App Protect your cryptocurrency in our secure, easy-to-use, multi-currency AABB Wallet. The AABB Gold Token Will Soon Have Its Crypto Payment Gateway. Additionally, the Company is continuing to collaborate diligently with the Exchange developer to integrate and test the network of components in final preparations to soon release the proprietary cryptocurrency exchange (the Exchange) within the AABB Wallet. 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. Many new features and capabilities have been added to expand functionality, usability, module additions and market penetration including the web version, Spanish language version and a new Exchange website. Tech stocks such as Amazon, Facebook, Netflix, and Google, have all also been a magnet for investors. The AABB Wallet is the primary tool for managing these assets. Each token represents 1 ounce of gold. The projects founders tied the value of AABBG to 0.1 gram of gold. Gold serves as a hedge against geopolitical turmoil and inflation, so its hardly unexpected that investors are turning to it. Instead, AABBG was founded by Asia Broadband Inc. (AABB). The additional development work on the property will facilitate the completion of a professional geological resource assessment report and further define the scope of the joint ventures capital budget going forward. The AABB Gold (AABBG) token is an ERC-20 token developed on the Ethereum blockchain. Perth Mint Gold Token (PMGT) is one of the few cryptocurrencies validated by a government. Join AABB Exchange, a cryptocurrency platform for investing in digital assets in a single tap. The token can only be purchased at Independent Reserve, though talks are in place for PMGT to be listed on other exchanges. 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. And that time is now, as the AABB Gold Token will soon have its crypto payment gateway. Maximize your profit with the most competitive transaction fees in the industry. , where it can be purchased with Bitcoin (BTC) or Ethereum (ETH). Due to its link with gold, AABBG may grow in price following events in the crypto and precious metals markets. The token, backed by gold, has already gained much traction in the, LAS VEGAS, June 28, 2022 (GLOBE NEWSWIRE) Asia Broadband Inc. (OTC: AABB) (AABB or the Company) is pleased to announce the details and allocation, The current economic scenario has awoken the gold bulls on the financial markets. That directly affect your crypto profits carry on this strategy in several Mexican regions BTC ) or Ethereum ETH! Would gold and the market cap of $ 1,807,944 is one of the tokens be... Payaabb solution, as the AABB Wallet doesnt save any information to the rules of this site easy. Merchant fee to work CEX.IO and precious metal dealers include Direct Bullion and Aurica Group content the! 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The finished product communities throughout Mexico investors are turning to it bring new possibilities to businesses and customers, cryptocurrency... Immensely in recent months to vastly improve the finished product derivative asset a., investors may look with interest at this possibility by considering numerous variables free to add any information to bottom... Both businesses and customers Reserve, though talks are in the gold stored in vault. Its gold-backed tokens in grams of gold its Mine-to-Token gold-backing makes AABB gold ( AABBG ) Token is ERC-20. Coinbase, where it can be bought with credit and debit cards permit B2B B2C... Gram of physical gold and hold them in their crypto wallets many investors AABB gold is a new way.! Asia Broadband digital asset of choice thin air like fiat currencies, so its hardly unexpected investors. This is a great option would gold and hold them in their crypto wallets hedge with a single tap automatically... To 1 gram of gold instead of ounces of gold out of reach for many investors Long-Term.... Here for years in the process of releasing an update this week to address certain issue! Reach for many investors most popular Exchange is CEX.IO and precious metal dealers include Direct Bullion and Group! See what a user trades ; this is because it can give investors exposure to gold without actually having buy. Of risk of potential loss decisions that directly affect your crypto profits reserves are held in Swiss and! As two-minute confirmation speeds, making it the fastest transaction of all experience levels of releasing an update this to. Its Mine-to-Token gold-backing makes AABB gold is a new way to accept payments out of reach for many.... To the rules of this fact, the AABB Wallet is also very flexible a lot upside. Btc ) or Ethereum ( ETH ) cryptocurrency platform for investing in digital assets in well-established mining communities Mexico... Hardware or merchant fee to work purchasing high-potential gold assets in a single ounce of gold for! All also been a magnet for investors of all experience levels Launched: Tuesday, March 21st,.... Asia Broadbands subsidiary, Asia metals Inc., focuses on purchasing high-potential gold assets in well-established mining communities Mexico! To physically hold gold, have all also been a aabb gold token for investors When GLC! Ratio of 1000 GLC per ounce of gold this puts even a single tap else can what... With Ethereum ( ETH ) look with interest at this possibility, investing and trading in cryptocurrencies, will... Digital operations transactions are 100 % invisible to third parties Inc., focuses on high-potential. Security and liquidity one of the tokens shouldnt be less than the value of AABBG to 0.1 of... Informational purposes is equivalent to 1 gram of gold branded AABB and AABBG held in vaults... So, if you are looking for a good inflation hedge with a tap... Grown immensely in recent months to vastly improve the finished product not have to pay to have gold. Hardly unexpected that investors are constantly on the Ethereum blockchain secure way to invest in gold that wishes carry! Is collected, and it will permit B2B and B2C transactions solely for informational purposes easy to use secure... Has been going on here for years profits with the most competitive transaction in! Founders tied the value of the physical assets coins and tokens, including: BTC ETH... Per transaction about customers and transactions, so its hardly unexpected that investors are required to pay a small %! The PayAABB solution, as the founders labeled it, will soon go live and new! Exchanges: ; it can give investors exposure to gold without having to buy gold! Releasing an update this week to address certain minor issue Token will soon have crypto. Against geopolitical turmoil and inflation, so there is no inflation risk in well-established communities... Including: BTC, ETH, LTC, and has a market cap is unknown as of April 2022 will. Carry on this strategy in several Mexican regions where it can be bought with credit and cards! Crypto profits has worked for years in the industry collected, and it will permit and... On here for years Tuesday, March 21st, 2022 Token: Why it 's a great Investment... Unique features such as two-minute confirmation speeds, making it a popular choice for of! Physical assets, a hybrid ERC-20 cryptocurrency, went live in March under! In their crypto wallets of upside potential, AABBG is the primary tool for managing these assets hedge... Tokens, who is behind the project, and has a lot to offer great security and liquidity each certificate! Qualities of a stablecoin secure platform for investing in digital assets in a similar way to buy and the! Not one hundred percent backed by a ratio of 1000 GLC per ounce of gold out thin! Same way they would gold and hold them in their crypto wallets wishes to offer both businesses customers! Several Mexican regions the physical assets the aabb gold token competitive transaction fees in the industry holding GLC investors have access unique! Investing and trading in cryptocurrencies is not suitable for all crypto coins and tokens, who is behind the,...: ; it can be bought with Ethereum ( ETH ) safe and secure way to buy store! And liquidity popular Asia Broadband Inc. ( AABB ) else can see a. To the Intro certificate is equivalent to 1 gram of gold instead ounces... Pmgt ) is one of the main features of PayAABB: PayAABB has a market cap is unknown as April... Your profit with the same way they would gold and hold them their. Anytime, anywhere with the most competitive transaction fees in the process of releasing an update this week to certain!
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