Crypto Investor, Inc. announces the launch of the GoldCrypto.io AuX Token Pre-ICO as the first cryptocurrency to be uniquely backed by the ongoing production of physical gold bullion to create an accretive gold reserve backing the AuX Tokens. This paves the way for the establishment of a better than “Gold Standard” cryptocurrency.
The major advantage of the GoldCrypto.io approach is that physical gold is pre-purchased from production ready projects while it is still in the ground, at a steep discount to market price. This steep discount is in turn passed on to all participants in the Pre-ICO and ICO providing an extraordinary entry level opportunity that will not be repeated following the close of the Pre-ICO and ICO.
The initial AuX Token gold backing is approximately US$1.70 per AuX Token. With the Pre-ICO or ICO discounts applied, AuX Tokens present the opportunity of securing a gold position (as the Tokens are gold backed) at up to around a 50% discount to the gold market.
Finally, as 45% of delivered gold bullion is progressively reinvested in further gold pre-purchases, the gold deliveries incrementally and continuously increase the AuX gold-backed reserve.
With regard to the AuX Token cryptocurrency market opportunity, there has been much recent commentary regarding the potential demise of fiat currencies and the lack of any assets or true value backing the numerous cryptocurrencies that have entered the market, including market leader Bitcoin (BTC), which has traded through record levels exceeding US$8,200 per BTC over the past 24 hours.
Against this background, the GoldCrypto.io AuX Token is a game-changer that will reintroduce trust in currencies through the establishment of a new digital currency that is cryptographic, transparent, accountable, and backed by gold, all immutably validated on the blockchain. Further, holders of AuX Tokens will have total control over the way they store, spend, exchange, or remit AuX Tokens.
Crypto Investor, Inc, the Service Operator/Administrator of GoldCrypto.io, has entered into a gold pre-purchase agreement with Scottsdale based Key Capital Corporation to acquire gold bullion on an ongoing basis that on delivery will be stored in recognized industry vaults to back the AuX Tokens. Key Capital will monitor the ongoing pre-purchased gold production and mine performance of each project pursuant to its Agreement and in the interests of GoldCrypto.io AuX Token holders. Key Capital will also continue to source new gold production projects to increase the physical gold bullion reserves backing the GoldCrypto.io AuX Tokens. Key Capital is supported by a core team of proven expert resource industry specialists across all mining disciplines. See: www.keycapitalgroup.com.
The GoldCrypto AuX Token is the ‘Future of Money’ and has the potential to over time become a global Reserve currency.
For further information:
See: www.goldcrypto.io
Crypto Investor, Inc.: info@cryptoinvestorinc.co
Peter Bartleet: info@cryptoinvestorinc.com
Christopher Nichols: info@keycapitalgroup.com
