AurusGOLD (AWG) is a 100% gold backed cryptocurrency. It’s a sustainable, global currency that can be used as an alternative to unstable FIAT currencies or as the easiest way to invest in gold.
Why does AWG stick to the price of gold? COMING SOON!AWG is minted by esteemed gold traders that can arbitrage between the AWG and bullion gold markets, keeping the price of AWG in line with spot gold price: stable.
Stored in the safest vaults The gold backing AWG is only stored in fully audited, fully insured vaults around the world.
Auditing on the blockchain We’re developing smart contracts that can be used to audit the supply of gold in vaults backing AWG. We use a third token, an ERC-721 to track billions within partnered vaults.
The most liquid form of gold AWG is an ERC-20 token on the Ethereum blockchain that’s 100% gold backed. This means you can send cents worth of gold around the world, instantly.
Great for hedging volatility Gold is one of the most stable assets in the world. It’s kept it’s value for thousands of years now, making AWG a great hedge to volatile markets, from the day to day crytpo craze to unstable FIAT currencies.
Built as a global currency The blockchain enables owners of AurusGOLD (AWG) to make transactions globally in an instant. Gold has a universally recognised, stable value, making it a great means of remittence.
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