Trending

Stories

Asia Broadband to Offer First-ever “Mine-to-Token” Cryptocurrency to Investors Eyeing Gold

Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

WP Rocket - WordPress Caching Plugin

Must Read

Babafemi Adebajo
Babafemi Adebajohttps://www.definitionsbyadebajo.com

Femi is a freelance content writer with adequate experience creating content for online and offline media across different niches including technology. When he is not writing, you can find him trying out new technology or reading.

Asia Broadband mining company may have started offering the first of its kind “Mine-to-Token” crypto to investors who are interested in gold.

As we already know, cryptocurrencies are very unstable kinds of assets. And even Bitcoin, which is arguably the most notable and valuable cryptocurrency in the world by market capitalization, still experiences some 20% to 30% fluctuations in price daily. All this instability with Bitcoin, despite the fact that it is solely responsible for pioneering the blockchain technology industry as we have it today since Satoshi Nakamoto first published the original Bitcoin whitepaper in 2008.

Also Read

Cryptocurrencies today offer a wide range of benefits for investors and even more, but they do not necessarily cater to the needs of every investor in the business. There is a group of investors who wants whatever amount of crypto assets they amass, backed up with precious real-world assets like Gold, and that’s exactly where Asia Broadband (OTC: AABB) comes in.

Why are investors choosing Asia broadband?

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

Asia Broadband has been mining and supplying both precious and base metals to clients across Asia for roughly 25 years. The company is also publicly listed in the United States, thus allowing its clients to enjoy the benefits of its value chain being integrated.

While Asia Broadband’s venture into cryptocurrency seems like a journey into a strange land, it surely is a welcome idea to clients who wants to enjoy the best of both worlds of virtual assets and the real world’s most tested and trusted asset in human history; Gold.

Surely, this will not be the first time of heard about the concept of tokenizing precious metals. And, given gold’s history, several competitors have also served clients in the gold-backed crypto market over the last 13 years of blockchain technology’s existence. So why exactly are investors being particular about Asia Broadband?

The reason is simple. Quite unlike most others, Asia Broadband is not originally a crypto company.

Using the AABB stock symbol, Asia Broadband is publicly traded and has over $100 million in assets.

It is also the only company in the gold-backed crypto market that allows investors to have access to gold in a “mine-to-token” manner.  The AABB Gold Token can be found on the Ethereum blockchain and is ERC-20 compliant.

In the first two weeks of launching, more than $1 million worth of AABB Gold tokens were sold and at the moment of writing this report, over 9,000 active users are currently in possession of over 245,000 tokens.

iThemes WordPress Hosting

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

Latest

Stories

- Advertisement -
- Advertisement -

Latest

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.
Elementor

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.

Kinsta

Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.

OptinMonster

OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.

Related

- Advertisement -
- Advertisement -
OnePlus First-ever Tablet Launching in India Today ChatGPT Reaches 100 Million Users in Two Months Microsoft’s Teams Get OpenAI-Based Features WhatsApp New Feature that Allows Users to Create Calling Shortcuts Instagram Working On Twitter-like Paid Verification Feature OnePlus Ace 2 Specs Exposed Online Realme GT Neo 5 Full Specs Revealed  Samsung Galaxy S23 Ultra: The New Android King Twitter To End Free API February 9 MLS Season Pass Now Available On Apple TV App
OnePlus First-ever Tablet Launching in India Today ChatGPT Reaches 100 Million Users in Two Months Microsoft’s Teams Get OpenAI-Based Features WhatsApp New Feature that Allows Users to Create Calling Shortcuts Instagram Working On Twitter-like Paid Verification Feature OnePlus Ace 2 Specs Exposed Online Realme GT Neo 5 Full Specs Revealed  Samsung Galaxy S23 Ultra: The New Android King