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Author Topic: A NEW FINANCIAL SYSTEM WHERE YOU PLAY A ROLE  (Read 3764 times)

Offline Kryptarion

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A NEW FINANCIAL SYSTEM WHERE YOU PLAY A ROLE
« on: April 11, 2020, 02:27:49 PM »


A new Gold Standard is arising and it will revolutionise the use of gold as money.

The means to transfer value across board is an essential part of day-to-day life. Naturally, anything that facilitates the transactional channel for the transfer of value applies a fee; payment cards such as MasterCard, Visa, PayPal are a well-established example of this. Like payment cards, all other channels that facilitate the transfer of funds tends to typically benefit only a few and this is an obvious truth about today’s monetary system..

Aureus Nummus, is a novel fintech startup that is creating a new Ethereum blockchain-backed transactional channel that does not only re-establishes the gold standard, but will also create a channel where value transfer will involve everyone to play a role.

Take Your Role In A Monetary System
The fundamental aim of the Aureus Nummus project is to build a new standard for Gold — one which aligns with the functionalities of money in the digital age.Through ethereum blockchain core, the protocol tokenises gold and peg it at a stable equivalent of real gold.



Aureus Nummus is simply the protocol and ecosystem that has built a platform where people can transact and use gold to pay for transactions without incurring fees. Also people can as well purchase gold tokens that are equal to one gram of 99.99% FINE gold that is stored in the company’s vaults.

The Process And the Gateway

The first step in the Aureus Nummus monetary system is the creation of the tokenized gold. There will be no control from the government or any centralized entity; instead, people will have the ability to use Eth, BTC or USDT to buy the physical gold in form of Gold tokens directly from the marketplace on Simplexx gateway.

Aureus Nummus project has collaborated with Simplexx  to create an instant marketplace where people can easily buy ANG coin. This marketplace allow users to simply fill out form



On Simplexx, users can easily swap other cryptocurrencies such as Eth, BTC and USDT for the ANG coin. This has created a fluid and hassle free medium to trade these tokens for gold. Beside the marketplace within on Simplexx, the ANG coin will also be listed on other big crypto exchanges

Creating the ANG coin

Due to the abolishment of the past Gold Standard, people have become too used to keeping gold. This has resulted in gold becoming a store of value rather than a means of transferring value. Therefore, to ensure a shift in mindset of the people, ANG coin was created.

The ANG coin exists for the purpose of encouraging people to utilize tokenized gold as a currency rather than a store of value. ANG coin is a digitised gold that can be used to hold value and transfer value. ANG coin is designed to allow people use it to pay for transaction fees. The kind of strategic deployment of Aureus Nommus project is necessary for any disruptive new technology

The new Standard that Digital Gold project is setting will allow every member of the cryptocurrency community to play a role

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« Last Edit: May 07, 2020, 03:50:15 PM by CryptoBull »

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A NEW FINANCIAL SYSTEM WHERE YOU PLAY A ROLE
« on: April 11, 2020, 02:27:49 PM »

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Offline AbinSur

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Re: A NEW FINANCIAL SYSTEM WHERE YOU PLAY A ROLE
« Reply #1 on: April 16, 2020, 10:29:57 AM »
An interesting article to read. Digital gold seem like a big deal. The fact that the digital gold will be pegged against real life gold makes it a stable digital coin. @CryptoBull Do you think that this project will get huge adoption?

Offline Kryptarion

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Re: A NEW FINANCIAL SYSTEM WHERE YOU PLAY A ROLE
« Reply #2 on: April 16, 2020, 12:13:08 PM »
An interesting article to read. Digital gold seem like a big deal. The fact that the digital gold will be pegged against real life gold makes it a stable digital coin. @CryptoBull Do you think that this project will get huge adoption?
Thanks for your comment. The project has a very determined and committed team. Their proposition dog digitising gold is a good innovation. I'm sure it will be met with good adoption
#AbinSur. From time long ago, gold has carried value across centuries. It has helped stored wealth without loosing value, this is because gold is immune to inflation. Tokenising Gold provIdes people with opportunity to store value without the fear of inflation or depreciation.

 

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