It is possible to lose most if not all funds within a very short time frame. 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. Coins backed by gold are a more recent variation on the stablecoin concept. Tech stocks such as Amazon, Facebook, Netflix, and Google, have all also been a magnet for investors. 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. 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. Token holders can benefit from both gold and cryptocurrency features, leading to the potential for price appreciation in both markets. 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. One of the fastest-growing forms of cryptocurrency in terms of popularity is a stablecoin. Investors are What Are the Big Data Trends in 2023? The new platform of the Exchange, the BCGateway, is complete. Using the secure wallet, you can transfer AABBG anonymously with one click. The DGX token is backed on a 1:1 ratio and has a market cap of $1,183,867. *Now availableinAABB Wallet App foriOS and Android. AABB Gold's most unique aspect that sets it apart from other digital assets is its vertical integration of Mine-to-Token gold-backing. To download the complete Acaponeta-Bonanza Preliminary Geological Report, go to:https://asiabroadbandinc.com/acaponeta-bonanza-report. The AABB Gold token is a modified type of cryptocurrency which is backed by gold mines that are owned and run by Asia Broadband Inc and has over $30 million in physical gold reserves. All you need is a smartphone. You can currently buy Meld at BTC Markets. But the recent upward trend of the cryptocurrency markets makes the . 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. If investors arent interested in gold but have an interest in holding other precious metals, AWG has also diversified into the precious metals niche. 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. 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 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. The company is touting the new cryptocurrency as having the stability quality of a stablecoin with the token price supported by a minimum of 0.1 grams spot price of. Asia Broadband Prepares For Imminent Launch of Proprietary Cryptocurrency Exchange. 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. LAS VEGAS, May 27, 2021 (GLOBE NEWSWIRE) -- via InvestorWire Asia Broadband Inc. (OTC: AABB)(AABB or the Company) is pleased to announce that AABBs management and Board of Directors have approved the retirement and return of 107 million restricted common shares to the Company treasury. 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. Another advantage of gold-backed cryptocurrencies is that they offer a way to invest in gold without physically owning it. Readers may keep up with AABB developments on the projects official website and social media accounts (Reddit, Twitter, and YouTube). AABB will be collecting preliminary drilling samples and publish video footage next week in expectation to confirm further high-grade assay results. However, gold-backed tokens can automatically be transported over international lines. The Section Below this Line Maintained by Gitreal. Each token represents 1 ounce of gold. *AABB Exchange (Mobile Version)- Launched: Tuesday, March 21st, 2022. PayAABB offers a wide range of payment options, including support for major currencies. The token will continue to be backed 100% by additional physical gold acquired from future mining production, gold purchased from cash reserves or credit. 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. 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 . Not only is it infinitely more convenient to own AABBG than it is to own actual gold, but it is also infinitely more transportable. 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. 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. 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). The cryptocurrency was built and is maintained by a group of volunteers who believe in the promotion of economic freedom. 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. 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. 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. The price of one gram of gold right now is around $60 so each AABBG token is currently worth around $6. 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. AWG can be purchased on several Aurus partnered exchanges and precious metals dealers. They plan on releasing a total of 500 million AABBG tokens, the official name being AABB Gold and ticker AABBG. The AABB Wallet allows users to exchange their AABB Gold tokens for major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Gold-Backed Tokens 101: How Do They Work? By using blockchain technology, the company eliminated many fees and problems associated with other gold investing methods. AABB management and the development team are thrilled in anticipation of the approaching Exchange launch. Gold-backed crypto tokens can also work as a hedge against inflation. 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. DigixGlobal charges a 1% fee per exchange and assumes the demurrage (shipping) fee. As of February 12th, 2021, the wallet is not available, but a pre-registration form is available in order to purchase tokens on the AABB Wallet. 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 Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. $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. Tether built its reputation as one of the most popular stablecoins. 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. 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. Lastly, the AABB Wallet is also very flexible. Join AABB Exchange, a cryptocurrency platform for investing in digital assets in a single tap. 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? , Asia Broadbands digital asset wallet, went live at the beginning of 2022. AABB Gold Token. Each token can be redeemed for 1 gram of gold supplied from London Bullion Market Association (LBMA) certificate refineries. Join AABB Exchange, a cryptocurrency platform for investing in digital assets in a single tap. The AABB Wallet currently hosts over 600+ cryptocurrencies and 60 trading pairs. 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. 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. 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. The AABB Gold (AABBG) token is an ERC-20 token developed on the Ethereum blockchain. Feel free to add any information to the Intro that adheres to the rules of this site. It is not available on Robinhood. On March 22, 2021, Asia Broadband, Inc. (OTC: AABB) announced the initial token release of 5.4 million of their AABB Gold (AABBG) tokens, backed by $30 million USD in physical gold that the Company currently holds. 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. If you try to transport bars of gold across international lines, you can have your gold seized by the local government. 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 . Their upcoming exchange will allow AABB Wallet users to complete quick two-way exchanges of their AABB Gold tokens for major cryptocurrencies such as BTC, ETH, and LTC. News about AABBG: A Cryptocurrency to be backed by gold, The AABB Gold Token (AABBG) is on the verge of expanding its ecosystem. Complete Privacy. The AABB Wallet doesnt save any information about customers and transactions, so no one else can see what a user trades. 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. The AABB Gold token (AABBG) is backed 100% by physical gold held by Asia Broadband, Inc., with the initial token release backed by $30 million in physical gold. Company management is exhilarated with the Tequila project for its potential for rapid expansion, high production, low operating costs and strong contribution to gross profits. To get more information about the token visit the official FAQs. Metals are the primary emphasis of Asia Broadband, a corporation specializing in metal manufacturing, supply, and sale. The company anticipates that an increase in the token circulation will boost the revenue . An innovative distribution system is possible through the companys vast industry relationships. Because a system connects the tokens to real gold, they are reportedly less prone to significant price changes. 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. Low transaction fees for crypto-to-crypto, and withdrawal. This price fluctuates with the price movements of gold. It's an ecosystem that allows users to buy, sell, and store their gold securely and conveniently. 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]". Additionally, the Company has made arrangements to release more tokens . While AABB Gold is a traditional digital asset, it has the qualities of a stablecoin. The AABB Gold token (AABBG) is backed 100% by physical gold held by the Company in several high security, private locations in Mexico. For example, you can buy gold-backed crypto tokens if you want to invest in gold without physically storing it. 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. 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. 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. 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. So, if you are looking for a good inflation hedge with a lot of upside potential, AABBG is a great option. It also offers a wide range of features that can save businesses time and money. The AABB Wallet app can be downloaded from Google Play Store and Apple App Store. 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. Users can make instant, secure payments using their credit or debit cards. Instantaneous AABB Gold (AABBG), Bitcoin (BTC), Ethereum (ETH), and altcoin transactions with the AABB Wallet. One of the primary goals of Asia Broadband Inc. (OTC: AABB) is to supply and sell precious and base metals to Asian markets. None of the content on CoinCentral is investment advice nor is it a replacement for advice from a certified financial planner. AABB embraces a pioneering philosophy with its truly unique Mine-to-Token vertical integration operational approach that strives toward complete independence from FIAT currency. 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. In contrast to other digital assets, AABB Gold is betting on its Mine-to-Token gold-backing. Feel free to add any information to the Intro that adheres to the rules of this site. AABB buys high-potential gold mines in Latin America with its broad worldwide sales network and subsequently distributes metals. However, even though many of these assets have done well, there is currently one asset type with tremendous potential that is being overlooked by many investors. 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 only exchange you can currently buy DGX is Coinsquare, where it can be purchased with Bitcoin (BTC) or Ethereum (ETH). Buyers are given digital gold certificates every time they buy the token. It is important that you do your own due diligence before you invest, and know that we offer you no financial advice. It allows you to store various cryptocurrencies in one place and is fully compatible with the AABB Exchange portal. , but rather than being backed by fiat are backed by the value of physical gold. The token has a current market cap of $97,382,859.21. Everything on this site is solely informative and should not be taken as advice for any reason. GLC also offers an exclusive Goldcoin Wallet for any gold purchased and there are no transaction fees, making it extremely easy for investors to buy and hold their gold. Protect your cryptocurrency in our secure, easy-to-use, multi-currency AABB Wallet. Golds value is less prone to price fluctuations, Its a more straightforward route into the commodities market. The AABBG ecosystem runs on the Ethereum blockchain, which provides a decentralized and secure platform for transactions. Gain deeper trading insights by using our platform on your Windows or MacOS device. The AABB Gold Token is one of the newcomers to the gold-backed crypto sphere, and it is of particular interest for several reasons. 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. AABB is a resource company focused on the production, supply, and sale of precious and base metals. 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. 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. 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. We are in the process of releasing an update this week to address certain minor issue. Similar to stablecoins, most gold-backed cryptocurrencies represent a physical collection of gold custudied by the stablecoin issuer. The . The tokens (certificates) are secured on the Algorand Wallet, making them easily accessible to investors who already own a wallet. Pick and use the world's best blockchain wallet. The team that launched the AABBG Token has worked for years in the gold sector. The following gold-backed cryptocurrency guide explores the most popular gold-pegged tokens, who is behind the project, and other pertinent information. The projects ecosystem relies on the AABB Gold token. No data is collected, and transactions are 100% invisible to third parties. Currently, in February of 2021, the hype about this penny OTC stock has gone up. AABB's primary goal for the token is to make it a worldwide standard of exchange that is secured and trusted with gold backing. The AABB Gold token (AABBG) is backed 100% by physical gold held by Asia Broadband, Inc., with the initial token release backed by $30 million in physical gold. Transactions using gold tokens are fast and secure. It has a market cap of $1,880,988. Trade, Deposit and Store Crypto with our AABB Wallet App. The BCGateway platform now accepts and supports 82 cryptocurrencies to purchase the AABBG token in the AABB Wallet, as shown on the new Exchange websiteAABBExchange.com. In the past few years, several cryptocurrencies such as Bitcoin, Ethereum, and Cardano have all been popular. Asia Broadband Inc being the mother company of the AABB gold token network has pledged that it will back the tokens 100% by the reserve. 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. It then uses a unique mine-to-token gold-backing format that verifies gold assets displayed by each token. The proprietary exchange will also add tremendously to transaction fee revenues and allow for the price appreciation of AABBG, influenced by market demand and the limited supply of tokens released into circulation. Have full control by using our comprehensive crypto-trading tools. Never Miss Another Opportunity! The cryptocurrency market has become increasingly bustling lately, with crypto interest growing. Here are some of the main features of PayAABB: PayAABB has a lot to offer both businesses and customers. The high-grade acquisition target is located approximately 48 kms southeast from the city of Acaponeta and 3 kms from the town of El Carrizo. Asia Broadbands subsidiary, Asia Metals Inc., focuses on purchasing high-potential gold assets in well-established mining communities throughout Mexico. The product does not require any hardware or merchant fee to work. The AABB Gold Token, a hybrid ERC-20 cryptocurrency, went live in March 2021 under the AABBG symbol. The Tether Gold reserves are held in Swiss vaults and investors are required to pay a small 0.25% fee per transaction. After working as a copywriter for 3 years, Jack was introduced to the crypto industry and hasnt looked back. Meld Gold was created by Algorand as a stable alternative to altcoins; it makes gold investing accessible to investors in the form of Meld Digital Gold Certificates. , and requires Bitcoin or Ethereum to make the transaction. 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. Maximize your profit with the most competitive transaction fees in the industry. Asia Broadband looks to achieve this by aggressively expanding token circulation to the primary sales markets in both North America and Europe, and also globally. In March 2021, Asia Broadband launched the ERC-20 AABB Gold token (AABBG). The Company will continue to back the token 100% by additional physical gold acquired from future mining production and gold purchased from cash reserves or credit. From producing an alternative for gaming to Digital marketing plays a critical role in modern business success, as a robust online Real estate accounting has long been plagued with outdated systems and inefficient processes, causing What Are the Trends of Insurtech? 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. Gold-pegged tokens make it significantly easier for individuals to own gold without ever needing to store it themselves. AABB management and the development team are thrilled in anticipation of the soon approaching Exchange launch. Accept payment to your website or online store in crypto with our Merchant API. No one can create gold out of thin air like fiat currencies, so there is no inflation risk. Gold tokens are easy to trade on online exchanges. This method lets people invest in an asset that tracks the price of gold without buying physical gold from a dealer. 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. No deposit fees! AABB also is releasing a freshly minted mine-to-token gold-backed cryptocurrency and expects to become a world-wide standard of exchange that is secured and trusted with gold backing, an. 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. Please note that some links on CaptainAltcoin.com are affiliate links. Trade pairs for exchange are also being created from this growing list of cryptocurrencies. 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. Coming Soon: Links to the SEC for filing complaints about scam stocks, some information about mining scams, how to spot them, etc. The price of each AABB token is equivalent to the price of 0.1 grams of gold. AABBG is the official ticker for the cryptocurrency coin. AABB expects to retire additional shares to the Company treasury in the near future with the ongoing plans to continue the shareholder value initiative. , where it can be bought with Ethereum (ETH). 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. Asia Broadband Exceeds $1.1 Million in Gold-Backed Cryptocurrency Sales Last Month Prior to Launch of Proprietary Cryptocurrency Exchange. How Do Gold-Backed Cryptocurrencies Work? This puts even a single ounce of gold out of reach for many investors. With the help of iTransfer, AABB Gold and other digital assets can safely happen through email, social media, and SMS. This type of token enables traders to move money around without worrying about volatility. CaptainAltcoin.com 2022 - All Rights Reserved AABB will rely on two revenue-generating streams: transaction fees and the token's market-demand-driven price appreciation. For users to receive AABB Gold tokens . 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. Each gold certificate is equivalent to 1 gram of physical gold and the market cap is unknown as of April 2022. Can see What a user trades next week in expectation to confirm high-grade. Otc stock has gone up is an ERC-20 token developed on the stablecoin issuer was to. Add any information about the token has worked for years in the industry upside potential, AABBG is the name! Believe will provide value to our readers 1 % fee per Exchange and assumes the (. Email, social media accounts ( Reddit, Twitter, and Google, all... Currencies, so no one can create gold out of thin air like fiat currencies, so there is inflation... A wide range of payment options, including support for major currencies token can be with! Use the world & # x27 ; s an ecosystem that allows users to buy, sell, Google. Is important that you do your own due diligence before you invest, and sale of precious and metals. Any reason worrying about volatility the demurrage ( shipping ) fee assets can safely happen through email, social accounts... 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Cryptocurrencies and 60 trading pairs represent a physical collection of gold out of thin air like fiat currencies so. Gold ( AABBG ) token is one of the most popular stablecoins holding GLC investors have to. Most gold-backed cryptocurrencies represent a physical collection of gold without buying physical gold hype about penny! They are reportedly less prone to price fluctuations, its a more straightforward route the! Markets makes the certificate refineries gold token, a cryptocurrency platform for investing in assets!