, where it can be bought with Ethereum (ETH). The token price is tied to and supported by the Company at the market price of gold at a minimum. The company wishes to carry on this strategy in several Mexican regions. The company wishes to carry on this strategy in several Mexican regions. Transactions using gold tokens are fast and secure. Because of this possibility, investing and trading in cryptocurrencies is not suitable for all types of investors. AABBG is not a stablecoin but a hybrid cryptocurrency whose value is pegged to physical gold. This allows for an expanding number of cryptocurrencies to be added. Perth Mint Gold Token (PMGT) is one of the few cryptocurrencies validated by a government. 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. All Rights Reserved. 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. 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? AABB will be collecting preliminary drilling samples and publish video footage next week in expectation to confirm further high-grade assay results. 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. Gold is a universally accepted store of value. 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. 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. The AABB Gold (AABBG) token is an ERC-20 token developed on the Ethereum blockchain. AABB Gold token (AABBG) The AABBG token is a creation of Asia Broadband, a company focused on the manufacture and supply of precious and base metals in the Asian markets. The Company 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. Their system is easy to use and secure, making it a popular choice for investors of all experience levels. 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. Transactions are not visible to third parties, AABB Gold tokens and other cryptos can be sent by email, SMS, or social media with iTransfer, Enhanced security with passphrase and PIN code protection, Multi-level security with passphrase and PIN code protection. Provide your personal identification information. In no event shall AABBGoldToken.com, AABBExchange.com, its digital assets (AABB Wallet, AABB Gold, and AABB Exchange), and its parent company Asia Broadband, Inc. be liable to any loss or damage of any kind incurred as a result of the use of these sites or the services presented by the company. After going through the Know Your Client (KYC) process, you can purchase AABBG. 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 . Most investors are constantly on the prowl for their next great investment idea. For example, we can mention the possibility of sending coins via e-mail or SMS through iTransfer. New moderators should add their content to the bottom of the Intro. Due to its link with gold, AABBG may grow in price following events in the crypto and precious metals markets. AABB Gold Token. 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. What if people could leverage the benefits of holding gold without actually having to hold and protect heavy bricks of gold? Yet gold-backed currencies are still a rare novelty in the crypto industry today. 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. , Asia Broadbands digital asset wallet, went live at the beginning of 2022. Pick and use the world's best blockchain wallet. 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? The main belief is that when the AABBG tokens are purchased they will generate cash flow for the parent company bringing its stock value up. The AABB Gold Token offers several advantages over traditional fiat currencies or other cryptocurrencies. 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. 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. Coins backed by gold are a more recent variation on the stablecoin concept. Each gold certificate is equivalent to 1 gram of physical gold and the market cap is unknown as of April 2022. 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. , and requires Bitcoin or Ethereum to make the transaction. Additionally, all customer accounts have now been migrated to the BCGateway, which will increase the speed of the AABB Wallet navigation and transaction processing. "This is a very exciting time of expansion for our mining and digital operations. After working as a copywriter for 3 years, Jack was introduced to the crypto industry and hasnt looked back. Welcome to the AABB Exchange Trade crypto instantly anytime, anywhere. AABB management and the development team are thrilled in anticipation of the soon approaching Exchange launch. 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 system allows users to securely store their tokens and track their balance and transactions. Furthermore, token holders may trade these coins on cryptocurrency exchanges. 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 AABB Gold Token, a hybrid ERC-20 cryptocurrency, went live in March 2021 under the AABBG symbol. Asia Broadband Prepares For Imminent Launch of Proprietary Cryptocurrency Exchange. are in place for PMGT to be listed on other exchanges. 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 Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. Each token can be redeemed for 1 gram of gold supplied from London Bullion Market Association (LBMA) certificate refineries. Required KYC/AML procedures in place. News about AABBG: A Cryptocurrency to be backed by gold, The AABB Gold Token (AABBG) is on the verge of expanding its ecosystem. 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. 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. AABB aims to make its token a worldwide standard of exchange that is secured, stable, and trusted with gold backing, providing unique and outstanding qualities compared to other cryptocurrencies. AABB management and the development team are excited in anticipation of the approaching Exchange launch. 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. DigixGlobal charges a 1% fee per exchange and assumes the demurrage (shipping) fee. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com. 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. It allows you to store various cryptocurrencies in one place and is fully compatible with the AABB Exchange portal. PayAABB will support B2B and B2C transactions. As the value of gold increases, so should the price of a token, making it a more stable investment than other cryptocurrencies. , a hybrid ERC-20 cryptocurrency, went live in March 2021 under the AABBG symbol. However, every single ounce is backed by physical 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. Asia Broadband, Inc. is a US-based junior resource miner and explorer with mining operations predominantly in Latin America. 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. AABB Gold tokens (AABBG) are available on the market through this wallet system. Pick and use the world's best blockchain wallet. 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. The AABBG project is a new way to invest in gold that wishes to offer great security and liquidity. *Now availableinAABB Wallet App foriOS and Android. The AABBG ecosystem runs on the Ethereum blockchain, which provides a decentralized and secure platform for transactions. 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. 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. For customers, PayAABB lets anyone spend cryptocurrencies through multiple channels, such as SMS, e-mail, and others. Gold Coin is available on the following exchanges: CryptoExchange.com and Goldcoin.com; it can be bought with credit and debit cards. 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. The AABB Wallet is a virtual wallet that allows you to securely store your cryptocurrencies. Here are some of the main features of PayAABB: PayAABB has a lot to offer both businesses and customers. AABB Gold Token Ready to Expand Its Ecosystem, Asia Broadband Confirms Stock Dividend For September Shareholders of Record, Gold Market on the Rise AABBG Token and the Gold Crypto Opportunity. 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. 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 AABB Exchange allows token holders to exchange AABBG for other cryptocurrencies such as Litecoin, Ethereum, or Bitcoin. Most gold-backed tokens allow investors to redeem tokens for gold, similar to how dollar-pegged stablecoins generally can be traded for their $1.00 equivalent in fiat. Asia Metals Inc. 2021. The leading blockchain wallet for all crypto coins and tokens, including: BTC, ETH, LTC, and AABBG. Copyright 2023 TechBullion. His articles cover a range of topics from NFTs and crypto gaming to upcoming projects in the crypto niche. Asia Broadband Signs Definitive Acquisition Agreement for High-Grade Bonanza Gold Mine Project in Acaponeta Mexico. In addition, the AABB Gold Token offers investors an opportunity to participate in the growth of the gold market. Investors can purchase tokenized precious metals the same way they would gold and hold them in their crypto wallets. AABB continues to implement its mining property acquisition strategy to optimize development capital utilization by focusing operations in regions of Mexico where AABB has a comparative advantage of development resources and expertise readily available for rapid expansion and duplication of the Companys previous gold production success. 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. However, the potential upside price of the token will be driven by market demand after the Exchange launch. AWG can be purchased on several Aurus partnered exchanges and precious metals dealers. Another advantage of the AABB Wallet is its ease of use. 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. CaptainAltcoin.com 2022 - All Rights Reserved An innovative distribution system is possible through the companys vast industry relationships. The network has also become more robust with a larger capacity for increases in transaction volume. Golds value is less prone to price fluctuations, Its a more straightforward route into the commodities market. 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. 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. Join AABB Exchange, a cryptocurrency platform for investing in digital assets in a single tap. AABB Gold Token. PayAABB is a new crypto payment service offering users several features and benefits. But the recent upward trend of the cryptocurrency markets makes the . To access to the Desktop version of the, Nothing has changed, everything is On-Track! Jack Cole is a crypto expert specializing in NFTs and P2E gaming. 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). Because a system connects the tokens to real gold, they are reportedly less prone to significant price changes. The Company will continue to back the token 100% by. Maximize your profit with the most competitive transaction fees in the industry. 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. Gold-pegged cryptocurrencies are designed in a similar way to. 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]". One of the main advantages of the AABB Wallet is its security. 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. AABB continues to implement its mining property acquisition strategy to optimize development capital utilization by focusing operations in regions of Mexico where AABB has a comparative advantage of development resources and expertise readily available for rapid expansion and duplication of the Companys previous gold production success. Just recently, over 100 cryptocurrency Exchange trading pairs have been added into to the BCGateway platform. 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. Although gold can protect from the downsides, it historically doesnt carry similar returns to cryptocurrencies as BTC or ETH. This vertical integration of Mine-to-Token gold-backing makes AABB Gold tokens stand out in the marketplace. AABBG is more than just a digital gold token. AABB embraces a pioneering philosophy with its truly unique Mine-to-Token vertical integration operational approach that strives toward complete independence from FIAT currency. Is fully compatible with the AABB Exchange, a hybrid cryptocurrency whose value less... Hold and protect heavy bricks of gold at a minimum the industry it! For investing in digital assets in a similar way to invest in gold that wishes to on... And hold them in their crypto wallets trading pairs have been added into to the AABB Exchange Trade instantly! Or Ethereum to make the transaction ( shipping ) fee AABBG may grow in price events. Certificate is equivalent to 1 gram of physical gold and gold-backed token are an investment. 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