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Mining Company Offers First-Ever “Mine-to-Token” Cryptocurrency to Investors Looking for Exposure to Gold

Cryptocurrencies are extremely risky property. Even Bitcoin, essentially the most invaluable cryptocurrency on the earth by market capitalization, is nonetheless topic to 20% to 30% swings in value on any given day.

This regardless of the actual fact it is the pioneering crypto mission accountable for birthing your entire blockchain expertise trade starting with the publishing of the unique Bitcoin whitepaper by Satoshi Nakamoto method again in 2008.

Today, cryptocurrencies provide traders and customers all types of advantages and built-in utility, together with self-executing good contracts, decentralized finance initiatives that pay out a better annual yield than a centralized financial institution would ever give to a buyer, non-fungible tokens that present homeowners with social standing and the potential for big income, and extra.

Although every of the above advantages of cryptocurrencies stretches nicely past a primary decentralized peer-to-peer cost system like Bitcoin, they don’t essentially match the targets of each investor. There is an in-between investor that also desires their cryptocurrencies backed by real-world property corresponding to treasured metals.

That’s the place Asia Broadband (OTC: AABB) is available in.

Why Clients Are Choosing Asia Broadband

Asia Broadband provides each treasured and base metals mined in Mexico to shoppers throughout Asia. The firm is in its 25th 12 months of doing enterprise. It is publicly listed within the United States and permits shoppers to profit from the vertical integration of its worth chain.

The firm’s transfer into cryptocurrency marks an journey into uncharted waters. But for shoppers, it marks a chance to profit from the pliability, safety, and transparency supplied by cryptocurrencies whereas giving them publicity to maybe essentially the most tried, examined, and true hedging instrument in all of human historical past; Gold.

Given gold’s history and the truth that blockchain expertise is now in its 13th 12 months of existence, tokenizing treasured metals is not a brand new idea. There are a number of different rivals serving clients within the gold-backed crypto market. So why are traders selecting Asia Broadband over different choices?

It’s as a result of not like different gamers available in the market, Asia Broadband is not a crypto-first firm.

It’s a publicly traded mining firm out there to traders through the over-the-counter market below the inventory image AABB with over $100 million in assets. That means it’s one in every of if not the one firm within the gold-backed token sector of the crypto market that provides traders entry to gold in a “mine-to-token” vogue. All of this is accessible by means of the AABB Gold Token, which lives on the Ethereum blockchain and is ERC-20 compliant.

Why The AABB Gold Token is Both the Present and the Future of Gold-Backed Cryptocurrencies

The minimal value of the AABB Gold Token is all the time linked to the spot value of gold at any given second. Investors frightened in regards to the potential of forex debasement coming to fruition due to exorbitant cash printing by governments all over the world in response to the coronavirus pandemic now have a method to separate themselves from that risk.

Not solely is Asia Broadband actively mining treasured metals simply the best way it has been for the final 25 years, but it surely additionally maintains a minimal of $30 million USD price of bodily gold in its reserves at any given time.

The firm is pledging to use third-party sources for gold solely when it is vital, with its personal bodily reserves and mining operations providing traders treasured metals publicity whereas they maintain the token and profit from any enhance in market demand.

The undeniable fact that the token is 100% backed by gold and traders will profit from the vertical integration of Asia Broadband affords a really clear worth proposition no different market participant can. The overwhelmingly constructive reception of the token is a mirrored image of that.

Over $1 million price of tokens have been bought within the first two weeks of the token’s launch and greater than 9,000 lively customers are at the moment holding over 245,000 tokens.

Asia Broadband is committing wholeheartedly to giving traders a wholly new method to steadiness their curiosity in each cryptocurrency and gold. The time to profit from a one-of-a-kind “mine-to-token” mission like AABB Gold is now.

 

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