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What is AurusGOLD?

AurusGOLD (AWG) is a 100% gold-backed token on the Ethereum blockchain that is minted by a network of esteemed traders from the traditional gold market.

Full description of AurusGOLD

AurusGOLD (AWG) is a 100% gold-backed Token (?) on the Ethereum Blockchain (?) that is minted by a network of esteemed traders from the traditional gold market. Each AWG token is fully collateralized by, and redeemable for 1 gram of 99.99% gold (sourced from LBMA-accredited refineries), stored in fully audited and insured vaults. Aurus Technologies, the company behind AurusGOLD (AWG), was founded in 2018 and is replicating the traditional gold market in a digital way. Aurus offers a blockchain protocol that interacts with a semi-decentralized network of gold providers, vaults and distribution channels that work in synergy to autonomously tokenize physical bullions into AurusGOLD (AWG). Aurus is setting out to deliver a stable value to the Crypto (?) space, a highly liquid and global investment solution to the financial markets and ultimately, an alternative to mainstream payment methods.
  • Exchange symbol (?): AWG
  • Cryptocurrency type (?): Token (?)

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 Source: NOMICS

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