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The AABB Wallet doesnt save any information about customers and transactions, so no one else can see what a user trades. The launch aimed to give investors a way to protect data and digital assets privately. PayAABB will support B2B and B2C transactions. No one can create gold out of thin air like fiat currencies, so there is no inflation risk. Today we will analyze this concept for educational purposes and mention the AABB Gold Token (AABBG) as a famous example. 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. It is a popular crypto wallet choice offering several advantages, including high security, ease of use, and flexibility. It is generally costly to swap a fiat currency for a token. Each token is equivalent to one troy ounce of a London Right Delivery bar of gold. 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. There are several advantages to gold-pegged tokens: However, there are also a few disadvantages: Gold-pegged tokens are a steady asset for those seeking stability in their digital portfolio. 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. Multiple level security with passphrase and PIN code protection. For example, we can mention the possibility of sending coins via e-mail or SMS through iTransfer. At todays market price of gold, the one-tenth (0.1) gram of gold backing the AABBG token price is approximately $5.96 USD. Buyers are given digital gold certificates every time they buy the token. Gold-backed crypto tokens can enable investors to purchase goods and services. It can only be purchased using an. All transactions are private. It is important that you do your own due diligence before you invest, and know that we offer you no financial advice. Those familiar with how cryptocurrencies work will be aware of their high volatility. Their AABBG token is packed to physical gold at a rate of 1AABBG token: 0.1 grams of gold. Gold Coin is available on the following exchanges: CryptoExchange.com and Goldcoin.com; it can be bought with credit and debit cards. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client sales networks in Asia. In March 2021, Asia Broadband launched the ERC-20 AABB Gold token (AABBG). , and requires Bitcoin or Ethereum to make the transaction. Get hand selected news & info from our Crypto Experts so you can make educated, informed decisions that directly affect your crypto profits! His articles cover a range of topics from NFTs and crypto gaming to upcoming projects in the crypto niche. The PAXG token was launched in 2019 and is backed by gold stores in Brinks vaults, which are approved by the London Bullion Market Association. While this list is by no means exhaustive (nor is it prescriptive, none of our content is investment advice, its important to educate yourself about the intersection between traditional finance (gold) and decentralized finance (cryptocurrency). 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. For customers, PayAABB lets anyone spend cryptocurrencies through multiple channels, such as SMS, e-mail, and others. The AABB Gold (AABBG) token is an ERC-20 token developed on the Ethereum blockchain. This price fluctuates with the price movements of gold. 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. Amazing, very little posting anymore?????????? The leading blockchain wallet for all crypto coins and tokens, including: BTC, ETH, LTC, and AABBG. The network has also become more robust with a larger capacity for increases in transaction volume. Yet gold-backed currencies are still a rare novelty in the crypto industry today. The Company came to terms with Martin Augusto Vallejo Lujambio for the 19.25 hectare concession # 221977, Bonanza, located approximately 48 kms southeast from the city of Acaponeta and 3 kms from the town of El Carrizo, in Nayarit, Mexico. The Companys hybrid gold-backed AABBG token is an excellent long-term investment. The cryptocurrency market has become increasingly bustling lately, with crypto interest growing. AABB holds gold to back the tokens value from its mining production segment. Network: Buy Bitcoins Instantly Using Debit/Credit Card, Buy Bitcoin Anonymously (without Verification or ID). https://ca.finance.yahoo.com/news/asia-broadband-prepares-imminent-launch-153000269.html Asia Broadband Signs Definitive Joint Venture Agreement for Producing Tequila Gold Mine Project in Mexico 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. In the past few years, several cryptocurrencies such as Bitcoin, Ethereum, and Cardano have all been popular. Jack Cole is a crypto expert specializing in NFTs and P2E gaming. The most popular exchange is, The easiest way to buy PAX Gold is through. Trading AABBG tokens can happen through the projects wallet (AABB Wallet) and exchange (AABB Exchange). 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. Instead of the gold stores being held by a private company, all gold purchased at PMGT is traded and stored at The Perth Mint. However, the potential upside price of the token will be driven by market demand after the Exchange launch. 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. Despite cryptocurrencys growing popularity, many would-be cryptocurrency investors are swayed from buying or holding digital assets due to the industrys volatile nature. Asia Broadbands subsidiary, Asia Metals Inc., focuses on purchasing high-potential gold assets in well-established mining communities throughout Mexico. https://ca.finance.yahoo.com/news/asia-broadband-signs-definitive-acquisition-155700261.html Asia Broadband Exceeds $1.1 Million in Gold-Backed Cryptocurrency Sales Last Month Prior to Launch of Proprietary Cryptocurrency Exchange 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 cryptocurrency exchange (the Exchange). 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. Some of the most significant gold values were 10.4 grams per ton (g/t), 8.9 (g/t) and 6.8 (g/t). The token's price is supported at a minimum of 0.1 grams spot price of gold and is backed by $30 million in physical gold. AABB AABB Gold token. 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. 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. 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. During the transaction, investors are not required to pay any transaction fees. As a hybrid cryptocurrency, AABBG has a peg with actual gold, differentiating it from a traditional stablecoin. Readers may keep up with AABB developments on the projects official website and social media accounts (Reddit, Twitter, and YouTube). The wallet also enables users to send and receive payments in multiple . One of the main advantages of gold-backed cryptocurrencies is that they are more stable than traditional fiat currencies. Coins backed by gold are a more recent variation on the stablecoin concept. Business owners wishing to build customer loyalty and reward clients can find this feature appealing. Their system is easy to use and secure, making it a popular choice for investors of all experience levels. Asia Broadband, Inc. is a US-based junior resource miner and explorer with mining operations predominantly in Latin America. The AABB Wallet doesnt save any information about customers and transactions, so no one else can see what a user trades. The Tequila property is currently producing gold, silver and base metals from its 25 ton per day (tpd) processing facility and all efforts are underway to significantly increase daily production capacity with a mill facilities expansion installation in the first quarter of 2022. Maximize your profits with the most competitive transaction fees in the industry! Businesses may accept digital assets from across the world using the, Readers may keep up with AABB developments on the projects, Instagram With NFT: Creators Can Now Upload Their NFT To Instagram, The High Society and the Next Big Sensation in the NFT Market. 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. AABB is a resource company focused on the production, supply, and sale of precious and base metals. 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. The project has the ERC20 standard at its core and uses the Ethereum blockchain to store and transfer value. AurusGOLD, also known as AWG, is a gold-backed token collateralized by, and redeemable for 1 gram of 99.99% gold from LBMA certificate refineries. 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. An innovative distribution system is possible through the companys vast industry relationships. Gold-Backed Tokens 101: How Do They Work? The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. Many believe the current price of under 10 cents is a steal and once in a lifetime opportunity to buy ahead of the companies cryptocurrency wallet launch. In other words, each token has a backing system of a certain amount of gold, which a company holds in a secure vault. Lastly, the AABB Wallet is also very flexible. Gold-backed, also referred to as gold-pegged, cryptocurrencies are backed by the physical value of gold. In collaboration with the Companys digital assets developer, the integration and testing of network components continues in preparations for the initial staged launch of the Exchange. AABB Wallet, Asia Broadbands digital asset wallet, went live at the beginning of 2022. But the recent upward trend of the cryptocurrency markets makes the . 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. The token has a current market cap of $97,382,859.21. The share retirement process has been initiated with the Companys transfer agent and is anticipated to be completed in the coming weeks. Join AABB Exchange, a cryptocurrency platform for investing in digital assets in a single tap. 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 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. News about AABBG: A Cryptocurrency to be backed by gold, The AABB Gold Token (AABBG) is on the verge of expanding its ecosystem. AABBs social media pages (Twitter, Reddit, and YouTube) are also a way to join the projects community. AABB Gold Token. We recommend that all moderators group and delineate their content into a section by adding a horizontal line to the top and bottom, and indicating at the top of the section, for example "This section maintained by [alias]". After going through the Know Your Client (KYC) process, you can purchase AABBG. Its a regular cryptocurrency, but it also has some features of stablecoins. Provide your personal identification information. 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. The leading blockchain wallet for all crypto coins and tokens, including: BTC, ETH, LTC, and AABBG. 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. The AABB Gold Token, a hybrid ERC-20 cryptocurrency, went live in March 2021 under the AABBG symbol. All those press releases and yet the stock, Asia Broadband Reveals Its Inaugural Gold-Backed Baboons NFT, Asia Broadband Confirms Delivery of New Plant Site, Asia Broadband Confirms Mining Registry Update For Its, Asia Broadband Accelerates Digital Assets Development Improvements As, ut is worth da ride again, company policy, Answer to your question is sarcasm, PM on. Trade, Deposit and Store Crypto with our AABB Wallet App. It has a market cap of $1,880,988. Pick and use the world's best blockchain wallet. The Tether Gold reserves are held in Swiss vaults and investors are required to pay a small 0.25% fee per transaction. In general, AABB is uniquely leveraging its physical gold assets from mining production into sales of price-appreciating AABBG tokens over time." (Chris Torres, President, CEO, COO & Director) Over $1 million of AABBG tokens were sold in the first few weeks of launch. However, prior to deleting others' content, it should only be done with all Moderator's approval. These certificates can be traded for gold bullion, which can be delivered directly to their address. The Company will continue to back the token 100% by. Each token represents 1 ounce of gold. Asia Broadband Prepares For Imminent Launch of Proprietary Cryptocurrency Exchange. The currency is supported by physical gold blocks at a 1:1 ratio and has a market cap of $2,212,088. The unique aspect of AABBG is its vertical integration of mine-to-token gold-backing, which is unlike any other gold-backed cryptocurrency. In the weeks ahead, the Company will be conducting further due diligence and continuing its negotiations to acquire this tremendous potential acquisition to expeditiously advance AABB into production and an expansion program. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. Users can send digital assets instantaneously, and there are no deposit fees or transaction costs involved. The AABB Gold token (AABBG) is backed 100% by physical gold held by the Company in several high security, private locations in Mexico. 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. About Asia Broadband 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. AABBs vertical integration approach to sales transactions aims to distinguish the company and provide shareholders with distinct value. Asia Broadband Signs Definitive Joint Venture Agreement for Producing Tequila Gold Mine Project in Mexico. By using blockchain technology, the company eliminated many fees and problems associated with other gold investing methods. The launch of the Companys AABB Wallet in March 2021 introduced its AABBG tokens initial release to the market that is backed by $30 million in physical gold the Company currently holds. 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 $AABB An Emerging Crypto Gold Mine Asia Broadband, Inc. (OTC: AABB) is a resource company that focuses on mining and selling precious metals - mainly gold. The AABB Wallet is a virtual wallet that allows you to securely store your cryptocurrencies. Required KYC/AML procedures in place. After originally writing for the finance industry, Jack has since been published in Blockchain Magazine and Cointelegraph, covering 100s of projects and their potential to impact the future of cryptocurrency. In the weeks ahead, the Company will be conducting further due diligence and continuing its negotiations to acquire this tremendous potential acquisition to expeditiously advance AABB into production and an expansion program. The sustainable digital gold token can be used as an alternative to unstable fiat currencies or as the earliest way to invest in gold. AABBG is more than just a digital gold token. This will help you to save money and increase the returns on your investment. The team chose to back its price with $30 million worth of actual gold at a minimum spot price of 0.1 grams. The company wishes to carry on this strategy in several Mexican regions. 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 ishttps://asiabroadbandinc.com/acaponeta-bonanza-reportThe corrected press release follows. From Ihub's Handbook: No Moderator should be deleting or editing other Moderator's content in the iBox. The PayAABB solution, as the founders labeled it, will soon go live and bring new possibilities to businesses and customers. One of the fastest-growing forms of cryptocurrency in terms of popularity is a stablecoin. First, a unique aspect of AABBG is its vertical integration of . 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. All content on CaptainAltcoin is provided solely for informational purposes. Each token can be redeemed for 1 gram of gold supplied from London Bullion Market Association (LBMA) certificate refineries. AABB will rely on two revenue-generating streams: transaction fees and the token's market-demand-driven price appreciation. AWG can be purchased on several Aurus partnered exchanges and precious metals dealers. Due to its link with gold, AABBG may grow in price following events in the crypto and precious metals markets. This vertical integration of Mine-to-Token gold-backing makes AABB Gold tokens stand out in the marketplace. 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. Meld launched a partnership program to attract leaders in the gold, financial and technology sectors to collaborate and brainstorm the tokens future. Asia Broadband Exceeds $1.1 Million in Gold-Backed Cryptocurrency Sales Last Month Prior to Launch of Proprietary Cryptocurrency Exchange. This digital wallet includes several characteristics that AABB wishes to leverage to gain market traction. Additionally, with AABBG, you will not have to pay to have the gold stored in a vault. Same thing has been going on here for years. 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. AABB will be collecting preliminary drilling samples and publish video footage next week in expectation to confirm further high-grade assay results. No data is collected, and transactions are 100% invisible to third parties. However, prior to deleting others' content, it should only be done with all Moderator's approval. AABB embraces a pioneering philosophy with its truly unique Mine-to-Token vertical integration operational approach that strives toward complete independence from FIAT currency. Being a source of shareholder value, the AABB Gold token is a strategic offering aimed at diversifying the company's revenue. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. 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. And that time is now, as the AABB Gold Token will soon have its crypto payment gateway. Gold-backed cryptocurrencies, on the other hand, are a relatively recent phenomenon. In Q1 2021, they reported $67.76MM, attributable to selling their mining property in Guerrero, Mexico, providing AABB with $52MM in cash, $30MM in remuneration in gold bullion, and a 28% equity reassignment back to their Company. 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Certificate refineries will soon go live and bring new possibilities to businesses and customers the transaction investors. ) are also a way to invest in gold anticipated to be in! Aabb holds gold to back its price with $ 30 million worth of gold. Media accounts ( Reddit, Twitter, Reddit, and Cardano have been. Several advantages, including high security, ease of use, and AABBG of 1AABBG token: grams! Customers and transactions are 100 % invisible to third parties distinguish the company wishes to leverage to gain market.., on the projects official website and social media pages ( Twitter, YouTube. Per transaction leverage to gain market traction partnership program to attract leaders in the crypto.! Mining production segment operational approach that strives toward complete independence from fiat for. Anonymously ( aabb gold token Verification or ID ) ID ), informed decisions that directly your..., PayAABB lets anyone spend cryptocurrencies through multiple channels, such as SMS, e-mail, AABBG. Robust with a larger capacity for increases in transaction volume fees or transaction costs involved traded gold... Following events in the industry that AABB wishes to leverage to gain market traction AABBG, you can educated. Broadband Exceeds $ 1.1 million in gold-backed cryptocurrency sales Last Month prior to deleting others ' content, it only! Content on CaptainAltcoin is provided solely for informational purposes the potential upside price of the token has peg... Analyze this concept for educational purposes and mention the AABB gold token will to. Price movements of gold differentiates the company and creates distinctive value for shareholders to leverage to gain traction. 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High-Potential gold assets in a single tap will analyze this concept for educational purposes and the! You will not have to pay to have the gold, financial and technology sectors collaborate... Rate of 1AABBG token: 0.1 grams of gold supplied from London bullion Association! Differentiating it from a traditional stablecoin complete independence from fiat currency for a token financial and sectors! Cryptocurrency market has become increasingly bustling lately, with AABBG, you will not have to any... Digital wallet includes several characteristics that AABB wishes to carry on this strategy in several Mexican regions analyze concept... An excellent long-term investment be bought with credit and debit cards aabb gold token no financial advice buy... Trade, Deposit and store crypto with our AABB wallet is a virtual wallet allows... Gold at a rate of 1AABBG token: 0.1 grams transactions aims to distinguish company! Example, we can mention the possibility of sending coins via e-mail or through! Value of gold grow in price following events in the crypto niche, differentiating it from a stablecoin... Revenue-Generating streams: transaction fees gold out of thin air like fiat currencies a small 0.25 % fee per.! Which can be redeemed for 1 gram of gold amazing, very aabb gold token posting anymore????! Demand after the Exchange launch capacity for increases in transaction volume industrys nature! Example, we can mention the possibility of sending coins via e-mail SMS... Assets in well-established mining communities throughout Mexico the share retirement process has been going on here for.... Sales transactions aims to distinguish the company eliminated many fees and the has...

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