Theoretically, the cumulative price of the tokens shouldnt be less than the value of the physical assets. Instead, AABBG was founded by Asia Broadband Inc. (AABB). Asia Broadbands subsidiary, Asia Metals Inc., focuses on purchasing high-potential gold assets in well-established mining communities throughout 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. Currently, Etrade offers the purchase of AABB OTC stock. 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. AABB Gold (AABBG) Token Tracker on Etherscan shows the price of the Token $0.00, total supply 500,000,000, number of holders 70 and updated information of the token. Instant crypto transactions and anonym 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. Gain deeper trading insights by using our platform on your Windows or MacOS device. The team that launched the AABBG Token has worked for years in the gold sector. Pick and use the world's best blockchain wallet. In addition, negotiations are ongoing to add additional concessions to the Tequila Project joint venture. AABBG tokens are backed by grams of gold instead of ounces, making it more affordable for the everyday investor Currently, the price of gold is around $1,900. Tech stocks such as Amazon, Facebook, Netflix, and Google, have all also been a magnet for investors. 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. , and requires Bitcoin or Ethereum to make the transaction. The PayAABB solution, as the founders labeled it, will soon go live and bring new possibilities to businesses and customers. 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. Additionally, with AABBG, you will not have to pay to have the gold stored in a vault. , Asia Broadbands digital asset wallet, went live at the beginning of 2022. This method lets people invest in an asset that tracks the price of gold without buying physical gold from a dealer. AABB expects to retire additional shares to the Company treasury in the near future with the ongoing plans to continue the shareholder value initiative. Gold-backed, also referred to as gold-pegged, cryptocurrencies are backed by the physical value of gold. DigixGlobal is a Singapore-based company that provides gold-pegged DGX tokens. However, the future of gold pegged tokens may look completely different. The sustainable digital gold token can be used as an alternative to unstable fiat currencies or as the earliest way to invest in gold. Each gold certificate is equivalent to 1 gram of physical gold and the market cap is unknown as of April 2022. AABBs vertical integration approach to sales transactions aims to distinguish the company and provide shareholders with distinct value. This means that there will never be any AABBG tokens that are not one hundred percent backed by 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. AABB management and the development team are thrilled in anticipation of the approaching Exchange launch. , a hybrid ERC-20 cryptocurrency, went live in March 2021 under the AABBG symbol. 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? 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. Lastly, the AABB Wallet is also very flexible. 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. 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. AABB embraces a pioneering philosophy with its truly unique Mine-to-Token vertical integration operational approach that strives toward complete independence from FIAT currency. 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. Another advantage of gold-backed cryptocurrencies is that they offer a way to invest in gold without physically owning it. Not only is it infinitely more convenient to own AABBG than it is to own actual gold, but it is also infinitely more transportable. Digital tokens backed by gold are a new way to make the best out of the two different markets. Their system is easy to use and secure, making it a popular choice for investors of all experience levels. The AABB Gold Token ecosystem wishes to provide users with a complete set of tools for managing their tokens. If you do decide to trade or purchase/short cryptocurrencies, please make sure you are allocating only that portion of funds that you can risk and can afford to lose. AABB Gold Token. Gold-pegged cryptocurrencies are designed in a similar way to. LAS VEGAS, Nov. 30, 2021 (GLOBE NEWSWIRE) -- via InvestorWire Asia Broadband Inc. (OTC: AABB)(AABB or the Company) is pleased to announce that it has signed a definitive purchase agreement to acquire a 100% interest in the Bonanza Gold Mine Project. AABB management and the development team are thrilled in anticipation of the approaching Exchange launch. 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. CaptainAltcoin.com does not offer any sort of financial or investment advice. This reason is behind the popularity of dollar-backed coins on the market. His articles cover a range of topics from NFTs and crypto gaming to upcoming projects in the crypto niche. 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. Here is how to do it without fearing market volatility, 5 ways crypto payment gateways can transform your business. The amount of gold used to back a particular gold-pegged cryptocurrency. News about AABBG: A Cryptocurrency to be backed by gold, The AABB Gold Token (AABBG) is on the verge of expanding its ecosystem. Its a regular cryptocurrency, but it also has some features of stablecoins. It is not available on Robinhood. The projects ecosystem relies on the AABB Gold token. To buy the token, download the AABB Wallet conveniently from the Google Play Store or Apple Store, create an account, and click on "Convert.". The following gold-backed cryptocurrency guide explores the most popular gold-pegged tokens, who is behind the project, and other pertinent information. , but rather than being backed by fiat are backed by the value of physical gold. AABB Gold's most unique aspect that sets it apart from other digital assets is its vertical integration of Mine-to-Token gold-backing. AABB Wallet / AABB Exchange / AABBGold Token (AABBG). By using blockchain technology, the company eliminated many fees and problems associated with other gold investing methods. One token represents one fine troy ounce of gold on a London Good Delivery bar. Gold tokens are easy to trade on online exchanges. AABB has created a revolutionary way to invest in the gold market with their AABBG token. Feel free to add any information to the Intro that adheres to the rules of this site. 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. The AABB Wallet is the primary tool for managing these assets. Each token can be redeemed for 1 gram of gold supplied from London Bullion Market Association (LBMA) certificate refineries. Tether built its reputation as one of the most popular stablecoins. The Company initiative to create shareholder value led to the agreements with several third-party shareholders to retire the shares. In other words, each token has a backing system of a certain amount of gold, which a company holds in a secure vault. The leading blockchain wallet for all crypto coins and tokens, including: BTC, ETH, LTC, and AABBG. AABBs social media pages (Twitter, Reddit, and YouTube) are also a way to join the projects community. All transactions are private. 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. 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. The token can only be purchased at Independent Reserve, though talks are in place for PMGT to be listed on other exchanges. 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. Amazing, very little posting anymore?????????? The Company will continue to back the token 100% by. Low transaction fees for crypto-to-crypto, and withdrawal. It is generally costly to swap a fiat currency for a token. Because a system connects the tokens to real gold, they are reportedly less prone to significant price changes. 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. Here are some of the main features of PayAABB: PayAABB has a lot to offer both businesses and customers. The token will continue to be backed 100% by additional physical gold acquired from future mining production, gold purchased from cash reserves or credit. It has a market cap of $1,880,988. 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. Transactions using gold tokens are fast and secure. 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. 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. 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]". 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. Recently, it has received mapping and rock sample assay results 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. Gold-backed crypto tokens can enable investors to purchase goods and services. Instead of the gold stores being held by a private company, all gold purchased at PMGT is traded and stored at The Perth Mint. 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. 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. ________________________________________________________________________________________________________________________________________________________________, 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 . Required KYC/AML procedures in place. Get free cryptos by joining our referral program. Never Miss Another Opportunity! "This is a very exciting time of expansion for our mining and digital operations. According to the AABBs wallet website, the AABB Gold (AABBG) token is an ERC-20 token developed on the Ethereum blockchain, and as of February 12th, 2021 more than 17 million AABBG Tokens are reserved to be bought on the wallet. 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. 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. This site is protected by reCAPTCHA and the Google, Reviewing AABB Gold Token: Why It's a Great Long-Term Investment. One of the fastest-growing forms of cryptocurrency in terms of popularity is a stablecoin. 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. Token holders can benefit from both gold and cryptocurrency features, leading to the potential for price appreciation in both markets. AABBG is not a stablecoin but a hybrid cryptocurrency whose value is pegged to physical gold. It is not an offer to buy or sell any security, product, service or investment. 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. This puts even a single ounce of gold out of reach for many investors. 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. .S. Buyers are given digital gold certificates every time they buy the token. Asia Broadband Signs Definitive Joint Venture Agreement for Producing Tequila Gold Mine Project in Mexico. The AABB Wallet doesnt save any information about customers and transactions, so no one else can see what a user trades. None of the content on CoinCentral is investment advice nor is it a replacement for advice from a certified financial planner. The share retirement process has been initiated with the Companys transfer agent and is anticipated to be completed in the coming weeks. Metals are the primary emphasis of Asia Broadband, a corporation specializing in metal manufacturing, supply, and sale. They plan on releasing a total of 500 million AABBG tokens, the official name being AABB Gold and ticker AABBG. The fears of an economic recession and the currently high inflation are. Using the secure wallet, you can transfer AABBG anonymously with one click. For example, we can mention the possibility of sending coins via e-mail or SMS through iTransfer. This price fluctuates with the price movements of gold. 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. AABB buys high-potential gold mines in Latin America with its broad worldwide sales network and subsequently distributes metals. , which are commonly held at banks and other third-party institutions. After going through the Know Your Client (KYC) process, you can purchase AABBG. Both gold and gold-backed token are an excellent investment option right now due to the rapid monetary expansion that is happening around the world. Your official stop for branded AABB and AABBG apparel & merchandise. The projects founders tied the value of AABBG to 0.1 gram of gold. The new platform of the Exchange, the BCGateway, is complete. Although gold can protect from the downsides, it historically doesnt carry similar returns to cryptocurrencies as BTC or ETH. 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 Broadband Signs Definitive Acquisition Agreement for High-Grade Bonanza Gold Mine Project in Acaponeta Mexico. , where it can be purchased with Bitcoin (BTC) or Ethereum (ETH). For example, some tokens are backed at a ratio of 1:1, in which 1 token is equivalent in value to 1 gram of gold, whereas others will use different ratios. It's an ecosystem that allows users to buy, sell, and store their gold securely and conveniently. Gold Coin (GLC) is an ERC-20 coin developed by Digital Gold LTD. 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. This digital wallet includes several characteristics that AABB wishes to leverage to gain market traction. Welcome to the AABB Exchange Trade crypto instantly anytime, anywhere. 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 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. Gold Coin is available on the following exchanges: ; it can be bought with credit and debit cards. Readers may keep up with AABB developments on the projects official website and social media accounts (Reddit, Twitter, and YouTube). The team at CaptainAltcoin.com only recommends products and services that we would use ourselves and that we believe will provide value to our readers. 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). 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 and trusted with gold backing, an outstanding quality relative to other cryptocurrencies. This cuts out the middleman, and ensures investors get their gold directly from the source. For example, you can buy gold-backed crypto tokens if you want to invest in gold without physically storing it. 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. The AABB Wallet doesnt save any information about customers and transactions, so no one else can see what a user trades. Use referral code: 384412 to receive bounty bonuses! The AABB gold token Crypto is for real, and a lot of "gold-backed" crypto projects have recently emerged, looking to play on the fact that many traditional investors would now like to hold the. Join AABB Exchange, a cryptocurrency platform for investing in digital assets in a single tap. AABB holds gold to back the tokens value from its mining production segment. *Now availableinAABB Wallet App foriOS and Android. Trade, Deposit and Store Crypto with our AABB Wallet App. As the world increasingly moves towards digital payments, it was only a matter of time before crypto entered the fray. 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. (embed to video). 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? Before starting to trade cryptocurrencies, make sure that you are mindful and fully understand the complexity, risks, and nature or trading cryptocurrencies. 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. Please note that some links on CaptainAltcoin.com are affiliate links. Thank you for your patience. Trade crypto instantly anytime, anywhere. The token tracker page also shows the analytics and historical data. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. 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. Due to its link with gold, AABBG may grow in price following events in the crypto and precious metals markets. The project has the ERC20 standard at its core and uses the Ethereum blockchain to store and transfer value. The AABB Wallet is a virtual wallet that allows you to securely store your cryptocurrencies. AWG can be purchased on several Aurus partnered exchanges and precious metals dealers. 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. This is because it can give investors exposure to gold without having to buy and store the underlying gold asset. You may visit the projects website for more information about how to get started investing in gold through cryptocurrencies. The company anticipates that an increase in the token circulation will boost the revenue . The Company will continue to back the token 100% by. The launch aimed to give investors a way to protect data and digital assets privately. Gold-Backed Tokens 101: How Do They Work? Gold-backed crypto tokens can also work as a hedge against inflation. 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 . AABBG is the official ticker for the cryptocurrency coin. 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. ; s best blockchain Wallet be any AABBG tokens, who is behind the Project, and other pertinent.. And use the world increasingly moves towards digital payments, it historically doesnt carry similar to... 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