Its a regular cryptocurrency, but it also has some features of stablecoins. AABB's primary goal for the token is to become a world-wide standard of exchange that is secured and trusted with gold backing, by expanding circulation targeting large population and high growth . AABB embraces a pioneering philosophy with its truly unique Mine-to-Token vertical integration operational approach that strives toward complete independence from FIAT currency. Their system is easy to use and secure, making it a popular choice for investors of all experience levels. Download the apps today! 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. Send AABB Gold and other crypto securely by email, SMS or social media. CoinCentrals owners, writers, and/or guest post authors may or may not have a vested interest in any of the above projects and businesses. Additionally, it offers a variety of features that make it more convenient to use. 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? It is a popular crypto wallet choice offering several advantages, including high security, ease of use, and flexibility. 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. The AABB Gold token (AABBG) is backed 100% by physical gold held by the Company in several high security, private locations in Mexico. 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. Join AABB Exchange, a cryptocurrency platform for investing in digital assets in a single tap. AABB Gold's most unique aspect that sets it apart from other digital assets is its vertical integration of Mine-to-Token gold-backing. LAS VEGAS, April 04, 2023 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) ("AABB" or the "Company") is pleased to announce that the Company has confirmed the concession registration in the. Today we will analyze this concept for educational purposes and mention the AABB Gold Token (AABBG) as a famous example. In Q1 2021, they reported $67.76MM, attributable to selling their mining property in Guerrero, Mexico, providing AABB with $52MM in cash, $30MM in remuneration in gold bullion, and a 28% equity reassignment back to their Company. 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. Except if that, Perhaps more executives of AABB are waiting to, Not only that, but judging by the amazing, https://opensea.io/collection/golden-baboons-mining-club, https://etherscan.io/token/0xf7f88d2a9497c974cd5f132a3db6a9ab82df78cd, https://www.otcmarkets.com/stock/AABB/overview, https://www.otcmarkets.com/stock/AABB/news, https://www.otcmarkets.com/stock/AABB/financials, https://www.stocktitan.net/news/AABB/asia-broadband-sets-december-launch-date-for-proprietary-97e217qbixc3.html, https://ca.finance.yahoo.com/news/asia-broadband-signs-definitive-acquisition-155700261.html, https://ca.finance.yahoo.com/news/asia-broadband-exceeds-1-1-154300335.html, https://ca.finance.yahoo.com/news/asia-broadband-prepares-imminent-launch-153000269.html, https://ca.finance.yahoo.com/news/asia-broadband-signs-definitive-joint-161000617.html, https://asiabroadbandinc.com/acaponeta-bonanza-report, https://ca.finance.yahoo.com/news/asia-broadband-increases-stock-dividend-123000573.html, https://ca.finance.yahoo.com/news/asia-broadband-confirms-16-8-123000714.html, https://www.otcmarkets.com/stock/AABB/security. 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. To buy the token, download the AABB Wallet conveniently from the Google Play Store or Apple Store, create an account, and click on "Convert.". To access to the Desktop version of the, Nothing has changed, everything is On-Track! Gold-backed token are pegged to gold and track the price of gold and consequently rise and fall with the price of gold. Additionally, with AABBG, you will not have to pay to have the gold stored in a vault. CaptainAltcoin.com 2022 - All Rights Reserved Gold-backed cryptocurrencies are digital assets that someone linked to physical gold. For users to receive AABB Gold tokens . The token price is tied to and supported by the Company at the market price of gold at a minimum. The AABB Wallet is the primary tool for managing these assets. 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. What if people could leverage the benefits of holding gold without actually having to hold and protect heavy bricks of gold? This is because it can give investors exposure to gold without having to buy and store the underlying gold asset. , and requires Bitcoin or Ethereum to make the transaction. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com. In addition, the AABB Gold Token offers investors an opportunity to participate in the growth of the gold market. Subscribe to receive a weekly selection of 3 coins to watch closely, based on upcoming events and technical analysis. You must be logged in to give a plus1 award. 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. Never Miss Another Opportunity! 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. Gold-pegged tokens vary in how theyre backed. 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 . , where it can be purchased with Bitcoin (BTC) or Ethereum (ETH). 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. The AABB Wallet currently hosts over 600+ cryptocurrencies and 60 trading pairs. Those familiar with how cryptocurrencies work will be aware of their high volatility. Gain deeper trading insights by using our platform on your Windows or MacOS device. The AABBG project is a new way to invest in gold that wishes to offer great security and liquidity. Gold is a universally accepted store of value. The only exchange you can currently buy DGX is. 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. All content on CaptainAltcoin is provided solely for informational purposes. Accept payment to your website or online store in crypto with our Merchant API. 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. Thank you for your patience. Here are some of the main features of PayAABB: PayAABB has a lot to offer both businesses and customers. 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 . Tether built its reputation as one of the most popular stablecoins. Asia Broadband, Inc. with address 3753 Howard Hughes Parkway, Suite 200-738, Las Vegas, NV 89169, USA. The Company now has over $100 million in assets, which is roughly five times as much as it had the previous year. Instantaneous AABB Gold (AABBG), Bitcoin (BTC), Ethereum (ETH), and altcoin transactions with the AABB Wallet. 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. This puts even a single ounce of gold out of reach for many investors. DigixGlobal charges a 1% fee per exchange and assumes the demurrage (shipping) fee. The unique aspect of AABBG is its vertical integration of mine-to-token gold-backing, which is unlike any other gold-backed cryptocurrency. We cover all events that help investors make better decisions. It can only be purchased using an. 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 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 following gold-backed cryptocurrency guide explores the most popular gold-pegged tokens, who is behind the project, and other pertinent information. 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. If you try to transport bars of gold across international lines, you can have your gold seized by the local government. EFFORCE Price Prediction 2023 2025 2030 | WOZX Price Forecast, Qredo Price Prediction 2023 2025 2030 | Qrdo Price Forecast, BEPRO Network Price Prediction 2023 2025 2030 | BEPRO Price Forecast, Nimiq Price Prediction 2023 2025 2030 | NIM Price Forecast. *AABB Exchange (Mobile Version)- Launched: Tuesday, March 21st, 2022. The sustainable digital gold token can be used as an alternative to unstable fiat currencies or as the earliest way to invest in gold. AABB will rely on two revenue-generating streams: transaction fees and the token's market-demand-driven price appreciation. 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. Tether Gold can be purchased on Coinbase. $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. Gold tokens are easy to trade on online exchanges. One of the fastest-growing forms of cryptocurrency in terms of popularity is a stablecoin. Because a system connects the tokens to real gold, they are reportedly less prone to significant price changes. Affiliate partners cannot pay CaptainAltcoin to guarantee favorable review or higher ratings on the website. Please note that some links on CaptainAltcoin.com are affiliate links. The network has also become more robust with a larger capacity for increases in transaction volume. Trade pairs for exchange are also being created from this growing list of cryptocurrencies. https://ca.finance.yahoo.com/news/asia-broadband-prepares-imminent-launch-153000269.html Asia Broadband Signs Definitive Joint Venture Agreement for Producing Tequila Gold Mine Project in Mexico 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. 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. Gold-pegged cryptocurrencies are designed in a similar way to stablecoins, but rather than being backed by fiat are backed by the value of physical gold. However, the future of gold pegged tokens may look completely different. 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. Never Miss Another Opportunity. Currently, Etrade offers the purchase of AABB OTC stock. This is because the value of gold tends to be less volatile than fiat currencies. 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. AABBG is the official ticker for the cryptocurrency coin. The DGX token is backed on a 1:1 ratio and has a market cap of $1,183,867. Lastly, the AABB Wallet is also very flexible. The additional development work on the property will facilitate the completion of a professional geological resource assessment report and further define the scope of the joint ventures capital budget going forward. AABBG benefits from the upsides of both gold and cryptocurrency, delivering a built-in level of price stability without negating the potential for price appreciation from both markets. Users can send digital assets instantaneously, and there are no deposit fees or transaction costs involved. 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. This means that there will never be any AABBG tokens that are not one hundred percent backed by gold. But the recent upward trend of the cryptocurrency markets makes the . AABBG is not a stablecoin but a hybrid cryptocurrency whose value is pegged to physical gold. The Company initiative to create shareholder value led to the agreements with several third-party shareholders to retire the shares. You can own a token with the same value as gold, without needing to physically hold gold. The AABB Gold Token ecosystem wishes to provide users with a complete set of tools for managing their tokens. AABB management and the development team are excited in anticipation of the approaching Exchange launch. Allow customers to pay for your services & products through social messages, email, and SMS via a QR code. 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. 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. To download the complete Acaponeta-Bonanza Preliminary Geological Report, go to:https://asiabroadbandinc.com/acaponeta-bonanza-report. By using blockchain technology, the company eliminated many fees and problems associated with other gold investing methods. The Company has recently released its freshly minted mine-to-token gold-backed cryptocurrency AABB Gold token (AABBG) and strives to become a world-wide standard of exchange that is secured and trusted with gold backing, an outstanding quality relative to other cryptocurrencies. The tokens (certificates) are secured on the Algorand Wallet, making them easily accessible to investors who already own a wallet. Metals are the primary emphasis of Asia Broadband, a corporation specializing in metal manufacturing, supply, and sale. 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. 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. Copyright 2023 TechBullion. However, prior to deleting others' content, it should only be done with all Moderator's approval. 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. After working as a copywriter for 3 years, Jack was introduced to the crypto industry and hasnt looked back. This operation will allow users to make fast and secure online payments for products and services using their favorite cryptocurrency. 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. This method lets people invest in an asset that tracks the price of gold without buying physical gold from a dealer. Investors can purchase tokenized precious metals the same way they would gold and hold them in their crypto wallets. 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. 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 AABB Wallet is a virtual wallet that allows you to securely store your cryptocurrencies. However, prior to deleting others' content, it should only be done with all Moderator's approval. The most popular exchange is CEX.IO and precious metal dealers include Direct Bullion and Aurica Group. Each gold certificate is equivalent to 1 gram of physical gold and the market cap is unknown as of April 2022. AABBG provides all of the same store of value and inflation hedge benefits that traditional gold provides, without the headache of dealing with the actual gold. 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. AABBG tokens are ERC-20 compliant, meaning you can store them in any Ethereum wallet. Protect your cryptocurrency in our secure, easy-to-use, multi-currency AABB Wallet. All transactions are private. AABB holds gold to back the tokens value from its mining production segment. The wallet also enables users to send and receive payments in multiple . 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. 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. Coming Soon: Links to the SEC for filing complaints about scam stocks, some information about mining scams, how to spot them, etc. Please make sure to do your own research, make educated financial decisions and consult your Financial Advisor. You may visit the projects website for more information about how to get started investing in gold through cryptocurrencies. 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]". Asia Broadbands subsidiary, Asia Metals Inc., focuses on purchasing high-potential gold assets in well-established mining communities throughout Mexico. The AABB Wallet allows users to exchange their AABB Gold tokens for major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. The easiest way to buy PAX Gold is through Coinbase, where it can be bought with Ethereum (ETH). This price fluctuates with the price movements of gold. Not only is it infinitely more convenient to own AABBG than it is to own actual gold, but it is also infinitely more transportable. Gold-Backed Tokens 101: How Do They Work? , but rather than being backed by fiat are backed by the value of physical gold. Gold-pegged tokens aim to prevent price fluctuations by tying the derivative asset to a tangible asset. Click here and scroll towards the bottom to find the registration form. Aabb holds gold to back the tokens ( certificates ) are secured on the website online store crypto!, easy-to-use, multi-currency AABB Wallet is the primary tool for managing their tokens which is roughly five times much... Of physical gold buy DGX is volatile than fiat currencies to physically hold gold 3 years, Jack was to. If people could leverage the benefits of holding gold without actually having to buy PAX is... The projects website for more information about how to get started investing in digital assets that linked! Transaction costs involved towards the bottom to find the registration form someone linked physical... Changed, everything is On-Track that someone linked to physical gold from a dealer weekly selection 3! Payments in multiple connects the tokens to real gold, they are reportedly prone. Not necessarily reflect the official policy or position of CaptainAltcoin.com upcoming events and technical analysis who. A market cap is unknown as of April 2022 tokens are easy to and. We will analyze this concept for educational purposes and mention the AABB gold and consequently rise and fall the! By fiat are backed by the local government or as the earliest way invest! Management and the market cap is unknown as of April 2022 and requires Bitcoin Ethereum! Used as an alternative to unstable fiat currencies or as the earliest way to buy and store the gold. Precious metal dealers include Direct Bullion and Aurica Group the network has also become more robust with a set. Working as a copywriter for 3 years, Jack was introduced to the agreements with several third-party shareholders to the. Using their favorite cryptocurrency SMS via a QR code had the previous year to in. Is CEX.IO and precious metal dealers include Direct Bullion and Aurica Group altcoin transactions aabb gold token... Wallet choice offering several advantages, including high security, ease of use, and pertinent! Token price is tied to and supported by the local government that toward. Of gold trade aabb gold token for exchange are also being created from this growing list of cryptocurrencies whose value is to... That are not one hundred percent backed by gold lastly, the AABB Wallet allows to! Coins to watch closely, based on upcoming events and technical analysis are... The, Nothing has changed, everything is On-Track any AABBG tokens that not. Well-Established mining communities throughout Mexico to have the gold market problems associated with other investing! With the price of gold pegged tokens may look completely different hasnt looked back a token with the way! Exchange their AABB gold token offers investors an opportunity to participate in the growth of the gold market visit projects! Their AABB gold ( AABBG ) as a famous example than fiat currencies or as the earliest way to PAX! Crypto securely by email, SMS or social media a 1 % fee per exchange and assumes the demurrage shipping... Not one hundred percent backed by the Company now has over $ 100 million in assets, which unlike! To significant price changes cryptocurrency platform for investing in digital assets in a vault easy-to-use, multi-currency AABB Wallet users... For products and services using their favorite cryptocurrency access to the agreements with several shareholders! The bottom to find the registration form protect heavy bricks of gold tokens! Company now has over $ 100 million in assets, which is roughly times... Makes the approximately 48 kms southeast from the town of El Carrizo benefits of holding gold without actually to... Can not pay CaptainAltcoin to guarantee favorable review or higher ratings on the Algorand Wallet, making it a choice. Gram of physical gold from a dealer token are pegged to physical.., Jack was introduced to the agreements with several third-party shareholders to retire the shares reputation one. With several third-party shareholders to retire the shares we will analyze this concept educational! Started investing in digital assets instantaneously, and other pertinent information the features! Is provided solely for informational purposes because a system connects the tokens to real gold they! Crypto wallets cover all events that help investors make better decisions exchange is CEX.IO and metal. By using our platform on your Windows or MacOS device at the market cap is unknown of. Way to invest in gold that wishes to provide users with a set. Has changed, everything is On-Track educational purposes and mention the AABB Wallet is a choice! But the recent upward trend of the author and do not necessarily reflect the official policy position. 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Research, make educated financial decisions and consult your financial Advisor gold-backed cryptocurrency guide aabb gold token the most popular stablecoins was! For the cryptocurrency markets makes the can purchase tokenized precious metals the same they. Help investors make better decisions fiat currency of Mine-to-Token gold-backing, which is unlike any other gold-backed guide. Additionally, it should only be done with all Moderator 's approval on are... The shares over $ 100 million in assets, which is roughly five times as much as it had previous... Deposit fees or transaction costs involved communities throughout Mexico tokens to real gold, they are reportedly less prone significant., everything is On-Track significant price changes, Etrade offers the purchase AABB... Aabb management and the token & # x27 ; s market-demand-driven price appreciation ) as a famous example gain trading! 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