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

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AABB Gold

Cryptocurrencies are highly volatile assets. Even Bitcoin, the most valuable cryptocurrency in the world by market capitalization, is still subject to 20% to 30% swings in price on any given day.

This despite the fact it is the pioneering crypto project responsible for birthing the entire blockchain technology industry beginning with the publishing of the original Bitcoin whitepaper by Satoshi Nakamoto way back in 2008.

Today, cryptocurrencies offer investors and users all kinds of benefits and built-in utility, including self-executing smart contracts, decentralized finance projects that pay out a higher annual yield than a centralized bank would ever give to a customer, non-fungible tokens that provide owners with social status and the potential for huge profits, and more.

Although each of the above benefits of cryptocurrencies stretches well beyond a basic decentralized peer-to-peer payment system like Bitcoin, they don’t necessarily fit the goals of every investor. There is an in-between investor that still wants their cryptocurrencies backed by real-world assets such as precious metals.

That’s where Asia Broadband (OTC: AABB) comes in.

Why Clients Are Choosing Asia Broadband

Asia Broadband supplies both precious and base metals mined in Mexico to clients across Asia. The company is in its 25th year of doing business. It is publicly listed in the United States and allows clients to benefit from the vertical integration of its value chain.

The company’s move into cryptocurrency marks an adventure into uncharted waters. But for clients, it marks an opportunity to benefit from the flexibility, security, and transparency offered by cryptocurrencies while giving them exposure to perhaps the most tried, tested, and true hedging instrument in all of human history; Gold.

Given gold’s history and the fact that blockchain technology is now in its 13th year of existence, tokenizing precious metals is not a new concept. There are several other competitors serving customers in the gold-backed crypto market. So why are investors choosing Asia Broadband over other options?

It’s because unlike other players in the market, Asia Broadband is not a crypto-first company.

It’s a publicly traded mining company available to investors via the over-the-counter market under the stock symbol AABB with over $100 million in assets. That means it’s one of if not the only company in the gold-backed token sector of the crypto market that gives investors access to gold in a “mine-to-token” fashion. All of this is accessible through the AABB Gold Token, which lives on the Ethereum blockchain and is ERC-20 compliant.

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

The minimum price of the AABB Gold Token is always linked to the spot price of gold at any given moment. Investors worried about the potential of currency debasement coming to fruition because of exorbitant money printing by governments around the world in response to the coronavirus pandemic now have a way to separate themselves from that possibility.

Not only is Asia Broadband actively mining precious metals just the way it has been for the last 25 years, but it also maintains a minimum of $30 million USD worth of physical gold in its reserves at any given time.

The company is pledging to use third-party sources for gold only when it is necessary, with its own physical reserves and mining operations offering investors precious metals exposure while they hold the token and benefit from any increase in market demand.

The fact that the token is 100% backed by gold and investors will benefit from the vertical integration of Asia Broadband offers a very clear value proposition no other market participant can. The overwhelmingly positive reception of the token is a reflection of that.

Over $1 million worth of tokens were sold in the first two weeks of the token’s launch and more than 9,000 active users are currently holding over 245,000 tokens.

Asia Broadband is committing wholeheartedly to giving investors an entirely new way to balance their interest in both cryptocurrency and gold. The time to benefit from a one-of-a-kind “mine-to-token” project like AABB Gold is now.

 

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Mr Beast Joins MetaWars’ Stellar Army of Backers

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Mr Beast Joins MetaWars’ Stellar Army of Backers

MetaWars is ready to launch to the stars after raising $2.3 million in seed capital, with none other than major YouTube star Mr Beast completing the stellar list of seed investors.

The hugely popular American content creator and philanthropist has been growing his cryptocurrency investment portfolio this year, and so the MetaWars team is especially delighted to have received his backing alongside seasoned venture capital firms after closing their strategic round.

Mr Beast joins ABV, Raptor Capital, CinchBlock, x21, CoinUnited.io, Double Peak, Magnus Capital, Everse Capital, Infinity Gainz, and Icetea Labs in providing the funding for the ambitious and exciting MetaWars project.

With these highly influential backers and their considerable reach onboard, the MetaWars team is expertly positioned to hit the marketing stratosphere and can fully focus on building the best space game in the blockchain.

The Massive Potential of MetaWars

MetaWars is a multiplayer sci-fi strategy game set in the future that will require both skill and strategy to master. A multi-layered, key tactical battlefield is the intergalactic setting for players to profit from the game’s war economy in a space exploration scenario.

Inside the game, players will need to find new universes, solve mysteries, claim territory, and defend their earned riches from adversaries in the metaverse. Anyone can build their own unique experience with the ability to exert control over the game’s ecosystem.

Players can wager, play-to-earn, and accumulate NFT collectibles through challenges, all while acquiring MetaWars’ utility tokens ($WARS) as profit, and in-game currency ($GAM) to help maximize that profit. The best players will also become the richest, according to the game’s design.

The Right Space To Be In

Video games have brought unprecedented growth to the cryptocurrency industry this year, with upwards of $50 billion reportedly raised in the first half of the year alone through investments, acquisitions, and public offerings in the blockchain gaming sector.

This is more than four times the number produced in 2020, catalyzed by a similar surge in the growth and popularity of non-fungible tokens (NFTs), which now play central roles in any video game title launched on the blockchain in the second half of 2021.

Following the advent of Decentralized Finance (DeFi) in the last two years, GameFi – which is simply the merging of DeFi and gaming – is already changing the way major stakeholders and investors find value.

In short, users can earn financial profits by playing video games. This is particularly important for projects aiming to serve large communities who want a loyal vase of users to utilize their tokens and engage with their products. And so the term Play-to-Earn was coined.

It is no great surprise, then, that Mr Beast – one of the largest YouTubers on earth with 71.6 million subscribers and a public passion for video games – chose to invest in MetaWars, one of the most promising titles that intend to maximize all of the capabilities of GameFi. His own personal interest in gaming makes his investment in the next huge trend a no-brainer.

Preparing For The WARS To Come

MetaWars is currently hosting an NFT auction for the public to gear up with mechas and additional resources. The prizes are valuable resources that would assist players in-game. To know more about the auction, visit here.

With $2.3 million seed funding secured, the next step for MetaWars will be preparing for its WARS public sale on three top launchpads.

MetaWars will conduct its public offering on GameFi, Red Kite, and Polylauncher on October 27th before listing on PancakeSwap, the leading decentralized exchange on Binance Smart Chain, on the same day.

Follow MetaWars’ official channels for more information and to stay up to date with developments.

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Crypto Platform Crypto.com Collaborated with Matt Damon and Water.org

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Crypto Platform Crypto.com Collaborated with Matt Damon and Water.org