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CoinTable - AurusGOLD (AWG)

AurusGOLD
AWG

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%
Change 24h
Market Cap
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Volume 24h
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Total Supply
10,000,000
AWG

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Description
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.