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. Golds value is less prone to price fluctuations, Its a more straightforward route into the commodities market. 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. The Tequila gold project is another high yield asset addition within the Companys strategic expansion initiative to acquire gold production and increase the AABBs physical gold holdings. Additionally, all customer accounts have now been migrated to the BCGateway, which will increase the speed of the AABB Wallet navigation and transaction processing. Maximize your profit with the most competitive transaction fees in the industry. Being a source of shareholder value, the AABB Gold token is a strategic offering aimed at diversifying the company's revenue. This will help you to save money and increase the returns on your investment. Complete Privacy. Everything on this site is solely informative and should not be taken as advice for any reason. 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. The product does not require any hardware or merchant fee to work. The AABB Gold Token is one of the newcomers to the gold-backed crypto sphere, and it is of particular interest for several reasons. Perth Mint Gold Token (PMGT) is one of the few cryptocurrencies validated by a government. Pick and use the world's best blockchain wallet. All content on CaptainAltcoin is provided solely for informational purposes. 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. 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. * We are not affiliated or sellers of any AABB or AABBG or its companies or services. The AABB Wallet doesnt save any information about customers and transactions, so no one else can see what a user trades. As a hybrid cryptocurrency, AABBG has a peg with actual gold, differentiating it from a traditional stablecoin. The unique aspect of AABBG is its vertical integration of mine-to-token gold-backing, which is unlike any other gold-backed cryptocurrency. The fears of an economic recession and the currently high inflation are. 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. 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. Their system is easy to use and secure, making it a popular choice for investors of all experience levels. The AABB Gold token (AABBG) is backed 100% by physical gold held by the Company in several high security, private locations in Mexico. However, the future of gold pegged tokens may look completely different. 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. Please note that some links on CaptainAltcoin.com are affiliate links. Business owners wishing to build customer loyalty and reward clients can find this feature appealing. 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). 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 project managed to sell over $1 million worth of tokens in its first two weeks of trading. 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. The projects founders tied the value of AABBG to 0.1 gram of gold. 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. Digital tokens backed by gold are a new way to make the best out of the two different markets. This type of token enables traders to move money around without worrying about volatility. According to the AABB's 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. Meld launched a partnership program to attract leaders in the gold, financial and technology sectors to collaborate and brainstorm the tokens future. In addition, negotiations are ongoing to add additional concessions to the Tequila Project joint venture. 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. This is because it can give investors exposure to gold without having to buy and store the underlying gold asset. STICKY: Asia Broadband Signs Definitive Acquisition Agreement for High-Grade Bonanza Gold Mine Project in Acaponeta Mexico. One of the main advantages of the AABB Wallet is its security. After going through the Know Your Client (KYC) process, you can purchase AABBG. 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. 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. 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 price of one gram of gold right now is around $60 so each AABBG token is currently worth around $6. CaptainAltcoin.com does not offer any sort of financial or investment advice. AABB Gold's most unique aspect that sets it apart from other digital assets is its vertical integration of Mine-to-Token gold-backing. 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. 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. It is possible to lose most if not all funds within a very short time frame. Additionally, it offers a variety of features that make it more convenient to use. To buy the token, download the AABB Wallet conveniently from the Google Play Store or Apple Store, create an account, and click on "Convert.". 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. Gold is a universally accepted store of value. Download the apps today! 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. 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. AABBG tokens are ERC-20 compliant, meaning you can store them in any Ethereum wallet. AABB management and the development team are thrilled in anticipation of the approaching Exchange launch. The AABB Wallet doesnt save any information about customers and transactions, so no one else can see what a user trades. 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. Despite cryptocurrencys growing popularity, many would-be cryptocurrency investors are swayed from buying or holding digital assets due to the industrys volatile nature. 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. Copyright 2023 TechBullion. AABBG is more than just a digital gold token. 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. The network has also become more robust with a larger capacity for increases in transaction volume. 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. As market volatility rises and stagflation becomes a real possibility, gold-backed cryptocurrencies are becoming an increasingly appealing option. Investors are What Are the Big Data Trends in 2023? One of the fastest-growing forms of cryptocurrency in terms of popularity is a stablecoin. Low transaction fees for crypto-to-crypto, and withdrawal. The sustainable digital gold token can be used as an alternative to unstable fiat currencies or as the earliest way to invest in gold. 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. The Section Below this Line Maintained by Gitreal. AABB's primary goal for the 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 . 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. 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. AABB expects to retire additional shares to the Company treasury in the near future with the ongoing plans to continue the shareholder value initiative. 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! The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. Buyers are given digital gold certificates every time they buy the token. 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. The price of each AABB token is equivalent to the price of 0.1 grams of gold. The discussions are mainly in Stock forums such as StockTwits and Reddit. 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. If you try to transport bars of gold across international lines, you can have your gold seized by the local government. None of the content on CoinCentral is investment advice nor is it a replacement for advice from a certified financial planner. Users can send digital assets instantaneously, and there are no deposit fees or transaction costs involved. Transactions using gold tokens are fast and secure. The new platform of the Exchange, the BCGateway, is complete. Asia Broadband Exceeds $1.1 Million in Gold-Backed Cryptocurrency Sales Last Month Prior to Launch of Proprietary Cryptocurrency Exchange. The token has a current market cap of $97,382,859.21. 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. The . 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. The AABB Gold Token, a hybrid ERC-20 cryptocurrency, went live in March 2021 under the AABBG symbol. In other words, each token has a backing system of a certain amount of gold, which a company holds in a secure vault. If investors arent interested in gold but have an interest in holding other precious metals, AWG has also diversified into the precious metals niche. 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. Gold-backed token are pegged to gold and track the price of gold and consequently rise and fall with the price of gold. Gold-backed cryptocurrencies are digital assets that someone linked to physical gold. News about AABBG: A Cryptocurrency to be backed by gold, The AABB Gold Token (AABBG) is on the verge of expanding its ecosystem. 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. The gold vs. Bitcoin debate is almost as old as Bitcoin with Peter Schiff often taking the anti-BTC pro-gold stance. 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 ensure that every single AABBG token is backed by gold, the Company only releases new tokens when it has the gold in their reserve. With the help of iTransfer, AABB Gold and other digital assets can safely happen through email, social media, and SMS. AABB management and the development team are excited in anticipation of the approaching Exchange launch. 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 network has also become more robust with a larger capacity for increases in transaction volume. Coins backed by gold are a more recent variation on the stablecoin concept. During the transaction, investors are not required to pay any transaction fees. 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. However, what if cryptocurrency could mimic the price of gold, while maintaining the advantages of its digital nature? The AABBG ecosystem runs on the Ethereum blockchain, which provides a decentralized and secure platform for transactions. Hi Chad, thank you for your feedback. 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. 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. 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? 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