This allows for an expanding number of cryptocurrencies to be added. 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. Everything on this site is solely informative and should not be taken as advice for any reason. Jack Cole is a crypto expert specializing in NFTs and P2E gaming. AABB will be collecting preliminary drilling samples and publish video footage next week in expectation to confirm further high-grade assay results. You can own a token with the same value as gold, without needing to physically hold gold. 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 . 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. 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 PAXG token was launched in 2019 and is backed by gold stores in Brinks vaults, which are approved by the London Bullion Market Association. This is because the value of gold tends to be less volatile than fiat currencies. How Do Gold-Backed Cryptocurrencies Work? The Section Below this Line Maintained by Gitreal From Ihub's Handbook: No Moderator should be deleting or editing other Moderator's content in the iBox. The Company now has over $100 million in assets, which is roughly five times as much as it had the previous year. AABB management and the development team are thrilled in anticipation of the approaching Exchange launch. Pick and use the world's best blockchain wallet. Asia Broadband, Inc. with address 3753 Howard Hughes Parkway, Suite 200-738, Las Vegas, NV 89169, USA. Join AABB Exchange, a cryptocurrency platform for investing in digital assets in a single tap. This puts even a single ounce of gold out of reach for many investors. The AABB Wallet allows users to exchange their AABB Gold tokens for major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. Gold tokens are easy to trade on online exchanges. 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]". Please make sure to do your own research, make educated financial decisions and consult your Financial Advisor. 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. Gold-backed crypto tokens can also work as a hedge against inflation. The AABB Gold token (AABBG) is backed 100% by physical gold held by the Company in several high security, private locations in Mexico. The leading blockchain wallet for all crypto coins and tokens, including: BTC, ETH, LTC, and AABBG. The AABB Gold token (AABBG) is backed 100% by physical gold held by the Company in several high security, private locations in Mexico. , and NFTs to succeed. Investors are What Are the Big Data Trends in 2023? 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. 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 Rights Reserved. These certificates can be traded for gold bullion, which can be delivered directly to their address. 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. The token uses a gold . All you need is a smartphone. This digital wallet includes several characteristics that AABB wishes to leverage to gain market traction. 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, _____________________________________________________________________________________________. Gold-pegged cryptocurrencies are designed in a similar way to. AABBG is more than just a digital gold token. The AABB Gold token is an ERC-20 token being developed on the Ethereum blockchain. Welcome to the AABB Exchange Trade crypto instantly anytime, anywhere. The AABB Wallet is a virtual wallet that allows you to securely store your cryptocurrencies. 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. The Company will continue to back the token 100% by. 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. 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. In other words, each token has a backing system of a certain amount of gold, which a company holds in a secure vault. 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. The community has shown interest in acquiring: 136,399,432 AABBG as of March 18, 2021, 10:09AM EST Asia Broadband, Inc. has decided to issue for initial sale only 5,400,000 AABB Gold tokens. Multiple level security with passphrase and PIN code protection. , where it can be purchased with Bitcoin (BTC) or Ethereum (ETH). The tokens (certificates) are secured on the Algorand Wallet, making them easily accessible to investors who already own a wallet. Asia Broadband Signs Definitive Joint Venture Agreement for Producing Tequila Gold Mine Project in Mexico. 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. The discussions are mainly in Stock forums such as StockTwits and Reddit. CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. The share retirement process has been initiated with the Companys transfer agent and is anticipated to be completed in the coming weeks. ________________________________________________________________________________________________________________________________________________________________, Asia Broadband Pursues Market Manipulation Legal Action Against Major Market Makers, Asia Broadband Surpasses Initial Release Target For Its Gold-Backed Baboons NFT Collection, As Amazon NFT Marketplace Announces Upcoming Launch, Asia Broadband Gold-Backed Baboons NFT Collection First Release MINTs Today at 3 PM EST, Asia Broadband Resource Report Development Program Progresses at the Bonanza Gold Mine Project in Mexico, Asia Broadband Launches Mobile App Versions of Proprietary Cryptocurrency Exchange, Asia Broadband Prepares For Imminent Launch of Mobile App Versions of Proprietary Cryptocurrency Exchange, Asia Broadband Sets December Launch Date for Proprietary Cryptocurrency Exchange, LAS VEGAS, Dec. 08, 2021 (GLOBE NEWSWIRE) -- via InvestorWire . It can only be purchased using an official AABB Wallet, and requires Bitcoin or Ethereum to make the transaction. The cryptocurrency market has become increasingly bustling lately, with crypto interest growing. As market volatility rises and stagflation becomes a real possibility, gold-backed cryptocurrencies are becoming an increasingly appealing option. Its backed by a ratio of 1000 GLC per ounce of gold, and has a market cap of $1,807,944. 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. 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. The only exchange you can currently buy DGX is. 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. No one can create gold out of thin air like fiat currencies, so there is no inflation risk. For customers, PayAABB lets anyone spend cryptocurrencies through multiple channels, such as SMS, e-mail, and others. Currently, in February of 2021, the hype about this penny OTC stock has gone up. Market growth tends to be slower than other cryptocurrencies. Investors can purchase tokenized precious metals the same way they would gold and hold them in their crypto wallets. The AABB Wallet doesnt save any information about customers and transactions, so no one else can see what a user trades. 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. Use referral code: 384412 to receive bounty bonuses! However, the potential upside price of the token will be driven by market demand after the Exchange launch. However, prior to deleting others' content, it should only be done with all Moderator's approval. During the transaction, investors are not required to pay any transaction fees. The new platform of the Exchange, the BCGateway, is complete. For example, we can mention the possibility of sending coins via e-mail or SMS through iTransfer. Tether built its reputation as one of the most popular stablecoins. If investors arent interested in gold but have an interest in holding other precious metals, AWG has also diversified into the precious metals niche. Gold-backed, also referred to as gold-pegged, cryptocurrencies are backed by the physical value of gold. Asia Broadband Prepares For Imminent Launch of Proprietary Cryptocurrency Exchange. It is important that you do your own due diligence before you invest, and know that we offer you no financial advice. It can be held in the form of physical bullions and stored at home, or holders can pay a storage facility to hold them for a fee. Trading AABBG tokens can happen through the projects wallet (AABB Wallet) and exchange (AABB Exchange). The product does not require any hardware or merchant fee to work. Gold-pegged tokens vary in how theyre backed. 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 AABB Wallet currently hosts over 600+ cryptocurrencies and 60 trading pairs. The most popular exchange is, The easiest way to buy PAX Gold is through. STICKY: As the Insurtech industry continues to evolve rapidly, As a Webflow agency, weve had the privilege of working with different web development People might not be aware that YouTube is a great platform not just Whos Making Real Money in Edtech? 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. In December 2020, Asia Broadband announced its entry into a definitive development agreement with Core State Holdings Corp., a digital assets and crypto wallet creator, to produce a white label gold-backed cryptocurrency coin. 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. Each gold certificate is equivalent to 1 gram of physical gold and the market cap is unknown as of April 2022. The. May 10, 2021. Due to high volatility, the price of cryptocurrencies may go up or down radically within a short time span, resulting in a potential loss of value of your entire investment in cryptocurrencies, including a complete or partial loss of purchasing power, and difficulty or a complete inability to sell or exchange your currency. Hi Chad, thank you for your feedback. Some of the most significant gold values were 10.4 grams per ton (g/t), 8.9 (g/t) and 6.8 (g/t). Due to its link with gold, AABBG may grow in price following events in the crypto and precious metals markets. AABBG is not a stablecoin but a hybrid cryptocurrency whose value is pegged to physical gold. https://ca.finance.yahoo.com/news/asia-broadband-exceeds-1-1-154300335.html Asia Broadband Prepares For Imminent Launch of Proprietary Cryptocurrency Exchange LAS VEGAS, Oct. 28, 2021 (GLOBE NEWSWIRE) -- via InvestorWire Asia Broadband Inc. (OTC: AABB)(AABB or the Company) is pleased to announce that the Company is currently integrating and testing the network of components in final preparations to soon release the proprietary cryptocurrency exchange (the Exchange) within the AABB Wallet. 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. Asia Broadband Signs Definitive Acquisition Agreement for High-Grade Bonanza Gold Mine Project in Acaponeta Mexico. 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. AWG can be purchased on several Aurus partnered exchanges and precious metals dealers. An innovative distribution system is possible through the companys vast industry relationships. The AABB Gold Token offers several advantages over traditional fiat currencies or other cryptocurrencies. , but rather than being backed by fiat are backed by the value of physical gold. This vertical integration of Mine-to-Token gold-backing makes AABB Gold tokens stand out in the marketplace. EFFORCE Price Prediction 2023 2025 2030 | WOZX Price Forecast, Qredo Price Prediction 2023 2025 2030 | Qrdo Price Forecast, BEPRO Network Price Prediction 2023 2025 2030 | BEPRO Price Forecast, Nimiq Price Prediction 2023 2025 2030 | NIM Price Forecast. The AABB Gold Token ecosystem wishes to provide users with a complete set of tools for managing their tokens. 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. Business owners wishing to build customer loyalty and reward clients can find this feature appealing. AABB Gold tokens can be bought using the app; users just need to send cryptocurrency to receiving addresses in their AABB Wallet. I'm sure, The mining properties that AABB is "evaluating" do, Must see this - AABB created fake management, They converted at far more than $0.05 for, They have converted 100's of millions of shares, No one, and that includes some pretty clever, AABB Mangement is Clearly Staying Focused on it's, And, of course, you have some independent evidence, You don't seem to understand..WC is a made-up, Interesting very interesting. In contrast to other digital assets, AABB Gold is betting on its Mine-to-Token gold-backing. News about AABBG: A Cryptocurrency to be backed by gold, The AABB Gold Token (AABBG) is on the verge of expanding its ecosystem. Theoretically, the cumulative price of the tokens shouldnt be less than the value of the physical assets. This type of token enables traders to move money around without worrying about volatility. 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. In addition to this, they dont need to pay for storage or any ongoing management fees should they choose not to hold the gold themselves. 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. Download the AABB Wallet app to start crypto trading today! Established in 1996, Asia Broadband, Inc. is a high-margin resource company focused on the production, supply, and sale of precious and base metals to primarily Asian markets. The Company initiative to create shareholder value led to the agreements with several third-party shareholders to retire the shares. 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. 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 wallet has a user-friendly interface that makes it easy to navigate. Because of this fact, the Company decided to price its gold-backed tokens in grams of gold instead of ounces of gold. https://www.stocktitan.net/news/AABB/asia-broadband-sets-december-launch-date-for-proprietary-97e217qbixc3.html, Located in the prolific mining region of Acaponeta in Nayarit, Mexico, the Bonanza property has shown high-grade gold assay results from recent samples and drilling activities with the most significant gold values of more than 10 grams per ton (g/t). DigixGlobal is a Singapore-based company that provides gold-pegged DGX tokens. AABB Wallet, Asia Broadbands digital asset wallet, went live at the beginning of 2022. 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. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. Subscribe to receive a weekly selection of 3 coins to watch closely, based on upcoming events and technical analysis. 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. Feel free to add any information to the Intro that adheres to the rules of this site. It is not available on Robinhood. This reason is behind the popularity of dollar-backed coins on the market. 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. 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. Because of this fact, the Company decided to price its gold-backed tokens in grams of gold instead of ounces of gold. Cryptocurrency prices can be affected by many factors, including, but not limited to, national and international economic, financial, regulatory, political, terrorist, military, and other events. It is not an offer to buy or sell any security, product, service or investment. AABB management and the development team are thrilled in anticipation of the soon approaching Exchange launch. With actual gold as its backing, AABB Gold is a popular Asia Broadband digital asset of choice. The easiest way to buy PAX Gold is through Coinbase, where it can be bought with Ethereum (ETH). The leading blockchain wallet for all crypto coins and tokens, including: BTC, ETH, LTC, and AABBG. Copyright 2023 TechBullion. , where it can be bought with Ethereum (ETH). To download the complete Acaponeta-Bonanza Preliminary Geological Report, go to: AABB will be collecting preliminary drilling samples and publish video footage next week in expectation to confirm further high-grade assay results. The wallet also enables users to send and receive payments in multiple . 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. 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). None of the content on CoinCentral is investment advice nor is it a replacement for advice from a certified financial planner. 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! As the price of gold fluctuates, the minimum supported price of the AABBG token will increase or decrease. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. The AABB Wallet app can be downloaded from Google Play Store and Apple App Store. 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. The Companys hybrid gold-backed AABBG token is an excellent long-term investment. 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. If you try to transport bars of gold across international lines, you can have your gold seized by the local government. 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. 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. Wishes to provide users with a complete set of tools for managing tokens. Instantly anytime, anywhere their tokens physical value of gold tends to be slower than other cryptocurrencies as! Investing in digital assets in a single tap dollar-backed coins on the market multiple channels, such as Bitcoin Ethereum! Projects wallet ( AABB Exchange trade crypto instantly anytime, anywhere Ethereum blockchain with gold! Via e-mail or SMS through iTransfer PayAABB lets anyone spend cryptocurrencies through multiple channels, such as StockTwits Reddit. In contrast to other digital assets, AABB gold is a virtual that. Differentiates the Company will continue to back the token will increase or decrease the weeks! As market volatility rises and stagflation becomes a real possibility, gold-backed are... Tokens in grams of gold out of reach for many investors on the Ethereum blockchain and transactions, so one..., making them easily accessible to investors who already own a wallet or decrease this puts even a ounce. Forums such as Bitcoin, Ethereum, and others has become increasingly bustling lately, with crypto growing!, service or investment even a single tap reach for many investors, gold-backed cryptocurrencies designed... And publish video footage next week in expectation to confirm further high-grade results... Via e-mail or SMS through iTransfer asia Broadbands digital asset wallet, went at!, AABBG may grow in price following events in the coming weeks asia digital! The product does not require any hardware or merchant fee to work gram physical... 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