Asia Broadband Inc. (OTC: AABB) is pleased to announce its recent alliance with Platinum Crypto Academy and Cryptonaire Weekly Magazine to share news of their recent crypto-related products.
AABB is US-based resource company focused on the production, supply, and sale of precious and base metals primarily to the Asian markets. In March 2021, the company recently launched their gold-backed crypto, the AABB Gold token, along with their AABB Wallet.
In September 2021, the company is expecting to launch their proprietary crypto exchange, which will allow AABB Wallet users to quickly exchange their AABB Gold tokens for major cryptocurrencies such as Bitcoin, Ethereum and Litecoin.
Benefits of Gold-Backed Crypto:
Gold has spent thousands of years as a reliable store of value, such that central banks and governments around the world own gold as a reserve asset. Up until the 1970s, even the US dollar was backed by gold. This haven asset has been stored, mined, and traded as a scarce commodity.
In the spirit of merging gold stability with crypto innovation, AABB has created the hybrid cryptocurrency AABB Gold (AABBG), backed by 100% physical gold.
These gold-backed tokens can benefit from both gold and cryptocurrency features while maintaining the potential for price appreciation from both markets. As gold slowly increases in price, so does AABBG, making it ideal for storing investments and making sale or purchase-related transactions.
What Makes Asia Broadband (AABB) Gold Tokens Unique?
– Maximum supply of only 5.4 million tokens
– Backed by $30 million worth of physical gold
– Each token is backed by 0.1 grams of gold
– Within the first 2 weeks of launch, over $1 million tokens were successfully sold
“AABB is working diligently to achieve an all-time high in sales this year in 2021. As the company’s gold mining operations move forward rapidly and the AABBG proprietary cryptocurrency exchange launch occurs in the coming months, revenues and gross profits are expected to be strong in 2021 and surpass our previous year’s achievement,” states Chris Torres, CEO of Asia Broadband, Inc.
“Our partnership with Platinum Crypto Academy will enable us to expand the reach of our AABBG token and AABB Wallet. We’re excited about leveraging Platinum Crypto Academy’s crypto community and knowledge to educate users on our leading gold-backed crypto products,” continues Chris Torres.
Unlike most gold-backed token projects, Asia Broadband, Inc. brings a wealth of experience about the precious metal industry to the table. Involvement in the production process, beginning with mining, provides a unique network that spans from the acquisition of gold projects in Mexico to extensive client sales networks in Asia.
Karnav Shah CEO of Platinum Crypto academy is well versed in various asset classes and is very excited to provide exposure for a company like Asia Broadband Inc which is based in Las Vegas, United States. AABB’s primary goal for the token is to become a worldwide standard of exchange that is secured and trusted backed 100% by physical gold held by the Company. The public resource company is focused on the production, supply, and sale of precious and base metals to primarily Asian markets. The Platinum Marketing and Promotion division look forward to working with Asia Broadband, Inc. on maximizing their exposure of their AABB Gold token & AABB Wallet to the crypto community.” We say look forward to the upcoming edition of Cryptoniare weekly to find out more about AABBG tokens.
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