Topic: 21-02-2018 PRESS RELEASE - WORLD'S FIRST FUNCTIONAL CRYPTO (Read 102 times)

For Immediate Release: February 21, 2018
Contact: Corey Paul, [email protected]

World’s First Functional Precious Metal Cryptocurrency. Available Now and 100% Redeemable in Pure Precious Metals. 

Available now at Assetbase.io and coming soon to trade on yobit.net crypto exchange. 

– Assetbase is now offering five (gold, silver, platinum, rhodium, and palladium) precious metal crypto currencies for purchase through their online store. Each precious metal crypto is tied to one gram of vaulted and verified metal. Metals are purchased through reputable vaults and all are insured by Lloyd’s of London and verified by Bureau Veritas. Assetbase uploads full audit reports giving anyone the ability to quickly verify its vault contents.

Corey Paul is the Project Lead for Assetbase and is excited about its potential utility within the crypto space as a whole. "We are working to expand the number of exchanges you will be able to trade your asset tokens," says Mr. Paul. As an early crypto currency adopter, Mr. Paul was looking for a stable crypto currency to trade into during times of steep decline, as well as a crypto to store profits gained during the wild upswing in alternative currencies. "Asset redeemable tokens offer stability in the crypto space unlike any other crypto available today.” Each token is 100% redeemable, and since tokens are held by the community-controlled foundation, they can be held anonymously until the asset token-holder choses to redeem the metal.

Redemption is simple and quick; transactions can be completed within 24 hours and can be picked up locally, or shipped to your doorstep. In order to purchase precious metal crypto coins, you must be a Prime Donor Token (PDT) holder; only five million PDT tokens are currently available in circulating supply (of 100 million total). (Total supply will be made available over time by vote of the foundation’s council.)  Anyone who owns 10,000 PDTs will have a voice in the direction of the council and vote on when to offer more PDTs in order to raise funds for the foundation’s operating expenses. Block one is now available at the following donation rate: 1 ETH = 2500 PDT; PDTs will never be offered cheaper than this current rate. 

Paul continues, “There are many precious metal backed projects that are in various stages of development in the crypto space; however, we are the only one that has asset redeemable coins available now. We have first-mover advantage, and we are excited about our comprehensive marketing plan to dominate the space. Currently in beta, we aim to tokenize physical assets such as land, art, cars, etc. Our Proof of Secure Asset Protocol is in development and will expand Assetbase into the premier choice when it comes to tokenizing assets on to the blockchain. We see a golden future.”

To learn more about AssetBase redeemable precious metals cryptocurrency, visit Assetbase.io.