https://ca.finance.yahoo.com/news/asia-broadband-exceeds-1-1-154300335.html Asia Broadband Prepares For Imminent Launch of Proprietary Cryptocurrency Exchange LAS VEGAS, Oct. 28, 2021 (GLOBE NEWSWIRE) -- via InvestorWire Asia Broadband Inc. (OTC: AABB)(AABB or the Company) is pleased to announce that the Company is currently integrating and testing the network of components in final preparations to soon release the proprietary cryptocurrency exchange (the Exchange) within the AABB Wallet. The network has also become more robust with a larger capacity for increases in transaction volume. However, the future of gold pegged tokens may look completely different. Similar to stablecoins, most gold-backed cryptocurrencies represent a physical collection of gold custudied by the stablecoin issuer. Copyright 2023 TechBullion. The AABB Gold token (AABBG) is backed 100% by physical gold held by the Company in several high security, private locations in Mexico. It is important that you do your own due diligence before you invest, and know that we offer you no financial advice. All transactions are private. It's an ecosystem that allows users to buy, sell, and store their gold securely and conveniently. In March 2021, Asia Broadband launched the ERC-20 AABB Gold token (AABBG). You can own a token with the same value as gold, without needing to physically hold gold. .S. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. His articles cover a range of topics from NFTs and crypto gaming to upcoming projects in the crypto niche. The AABBG project is a new way to invest in gold that wishes to offer great security and liquidity. 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. 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. 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. As the world increasingly moves towards digital payments, it was only a matter of time before crypto entered the fray. This puts even a single ounce of gold out of reach for many investors. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. 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. To download the complete Acaponeta-Bonanza Preliminary Geological Report, go to:https://asiabroadbandinc.com/acaponeta-bonanza-report. 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. Gold-backed cryptocurrencies, on the other hand, are a relatively recent phenomenon. 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. Cryptocurrency scams have soared 1,000% since October FTC Tips to Protect Yourself From Cryptocurrency Scam. 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. 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. Pick and use the world's best blockchain wallet. Join AABB Exchange, a cryptocurrency platform for investing in digital assets in a single tap. 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. Get hand selected news & info from our Crypto Experts so you can make educated, informed decisions that directly affect your crypto profits. If investors arent interested in gold but have an interest in holding other precious metals, AWG has also diversified into the precious metals niche. A Merchant API will be available through the wallet, and it will permit B2B and B2C transactions. This type of token enables traders to move money around without worrying about volatility. All Rights Reserved. Instantaneous AABB Gold (AABBG), Bitcoin (BTC), Ethereum (ETH), and altcoin transactions with the AABB Wallet. One token represents one fine troy ounce of gold on a London Good Delivery bar. The price of one gram of gold right now is around $60 so each AABBG token is currently worth around $6. Tech stocks such as Amazon, Facebook, Netflix, and Google, have all also been a magnet for investors. Here is how to do it without fearing market volatility, 5 ways crypto payment gateways can transform your business. All you need is a smartphone. After working as a copywriter for 3 years, Jack was introduced to the crypto industry and hasnt looked back. 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. The unique aspect of AABBG is its vertical integration of mine-to-token gold-backing, which is unlike any other gold-backed cryptocurrency. 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 company's mining project. PayAABB is a new crypto payment service offering users several features and benefits. Despite having a reputation for being one of the safer investments, owning physical gold isnt particularly easy. Another advantage of gold-backed cryptocurrencies is that they offer a way to invest in gold without physically owning it. 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. Subscribe to CoinCentral free newsletter now. CaptainAltcoin.com does not offer any sort of financial or investment advice. Is there an advantage to choosing a crypto payment gateway over conventional gateways? STICKY: AABBG is the official ticker for the cryptocurrency coin. To access to the Desktop version of the, Nothing has changed, everything is On-Track! This is because it can give investors exposure to gold without having to buy and store the underlying gold asset. 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. But the recent upward trend of the cryptocurrency markets makes the . $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. While AABB Gold is a traditional digital asset, it has the qualities of a stablecoin. The AABB Gold Token offers several advantages over traditional fiat currencies or other cryptocurrencies. 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. The DGX token is backed on a 1:1 ratio and has a market cap of $1,183,867. Digital tokens backed by gold are a new way to make the best out of the two different markets. Maximize your profits with the most competitive transaction fees in the industry! 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. 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 ecosystem wishes to provide users with a complete set of tools for managing their tokens. 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. *AABB Exchange (Mobile Version)- Launched: Tuesday, March 21st, 2022. The Tequila property is currently producing gold, silver and base metals from its 25 ton per day (tpd) processing facility and all efforts are underway to significantly increase daily production capacity with a mill facilities expansion installation in the first quarter of 2022. The network has also become more robust with a larger capacity for increases in transaction volume. AABB is also venturing into the digital asset sphere as the company has already released a gold-backed cryptocurrency and launched its crypto wallet to store and transfer crypto. This site is protected by reCAPTCHA and the Google, Reviewing AABB Gold Token: Why It's a Great Long-Term Investment. The Companys hybrid gold-backed AABBG token is an excellent long-term 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. 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 cryptocurrency market has become increasingly bustling lately, with crypto interest growing. 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. These certificates can be traded for gold bullion, which can be delivered directly to their address. The new platform of the Exchange, the BCGateway, is complete. First, a unique aspect of AABBG is its vertical integration of . 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. As a hybrid cryptocurrency, AABBG has a peg with actual gold, differentiating it from a traditional stablecoin. Jack Cole is a crypto expert specializing in NFTs and P2E gaming. 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. Download the AABB Wallet app to start crypto trading today! 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. "This is a very exciting time of expansion for our mining and digital operations. Additionally, all customer accounts have now been migrated to the BCGateway, which will increase the speed of the AABB Wallet navigation and transaction processing. 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. There are several advantages to gold-pegged tokens: However, there are also a few disadvantages: Gold-pegged tokens are a steady asset for those seeking stability in their digital portfolio. The currency is supported by physical gold blocks at a 1:1 ratio and has a market cap of $2,212,088. CoinMarketCal is the leading economic calendar for cryptoassets (coins, tokens and NFTs). AABB management and the development team are thrilled in anticipation of the soon approaching Exchange launch. Use referral code: 384412 to receive bounty bonuses! The AABBG ecosystem runs on the Ethereum blockchain, which provides a decentralized and secure platform for transactions. You may visit the projects website for more information about how to get started investing in gold through cryptocurrencies. Offer your customers Bitcoin, Ripple, Ethereum, Litecoin, AABBG & more as a payment option on your website. 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. The Company now has over $100 million in assets, which is roughly five times as much as it had the previous year. The AABB Wallet allows users to exchange their AABB Gold tokens for major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Join AABB Exchange, a cryptocurrency platform for investing in digital assets in a single tap. 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. Lastly, the AABB Wallet is also very flexible. 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. 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. Today we will analyze this concept for educational purposes and mention the AABB Gold Token (AABBG) as a famous example. Download the apps today! The cryptocurrency was built and is maintained by a group of volunteers who believe in the promotion of economic freedom. Accept payment to your website or online store in crypto with our Merchant API. However, prior to deleting others' content, it should only be done with all Moderator's approval. 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. 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-Backed Tokens 101: How Do They Work? 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 . 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 token can only be purchased at Independent Reserve, though talks are in place for PMGT to be listed on other exchanges. 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. And that time is now, as the AABB Gold Token will soon have its crypto payment gateway. AABB will rely on two revenue-generating streams: transaction fees and the token's market-demand-driven price appreciation. 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. Transactions using gold tokens are fast and secure. However, what if cryptocurrency could mimic the price of gold, while maintaining the advantages of its digital nature? The Company will continue to back the token 100% by. No deposit fees! AABB holds gold to back the tokens value from its mining production segment. Gold-backed crypto tokens can also work as a hedge against inflation. With actual gold as its backing, AABB Gold is a popular Asia Broadband digital asset of choice. 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. Affiliate partners cannot pay CaptainAltcoin to guarantee favorable review or higher ratings on the website. Multiple level security with passphrase and PIN code protection. This reason is behind the popularity of dollar-backed coins on the market. AABB management and the development team are excited in anticipation of the approaching Exchange launch. , where it can be bought with Ethereum (ETH). The wallet has a user-friendly interface that makes it easy to navigate. This means that there will never be any AABBG tokens that are not one hundred percent backed by gold. AABB embraces a pioneering philosophy with its truly unique Mine-to-Token vertical integration operational approach that strives toward complete independence from FIAT currency. 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. Gold-backed token are pegged to gold and track the price of gold and consequently rise and fall with the price of gold. AABBG is more than just a digital gold token. The company anticipates that an increase in the token circulation will boost the revenue . The product does not require any hardware or merchant fee to work. 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). You must be logged in to give a plus1 award. 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 launch aimed to give investors a way to protect data and digital assets privately. Gold Coin is available on the following exchanges: CryptoExchange.com and Goldcoin.com; it can be bought with credit and debit cards. It is not available on Robinhood. As a cheaper and more convenient alternative, we may one day see gold pegged tokens become the new dominant form of gold ownership for a global, decentralized base of people. They plan on releasing a total of 500 million AABBG tokens, the official name being AABB Gold and ticker AABBG. 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 . Their system is easy to use and secure, making it a popular choice for investors of all experience levels. 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. Network: Buy Bitcoins Instantly Using Debit/Credit Card, Buy Bitcoin Anonymously (without Verification or ID). 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. 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. To Exchange their AABB gold token experience levels, without needing to physically hold.... Having a reputation for being one of the two different markets is a new way to invest in through. Economic freedom very flexible on two revenue-generating streams: transaction fees in the crypto industry hasnt! The tokens value from its mining production segment the advantages of its nature. Their AABB gold token will soon have its crypto payment service offering users features! 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