ETH Î |. Enter LODE, the bullion-backed cryptocurrency system designed to hold, protect and make available the value of gold and silver. Yet, they can be used electronically and digitally just like other cryptocurrencies. LODE (Switzerland) AG Fund Managers and Traders of digital currencies and blockchain assets. Created by the people, for the people. “Advisors Magazine” recently caught up with two ambassadors from LODE, a new cryptocurrency that turns “idle silver” into electronic tokens. The built-in price floor on silver-backed stablecoins makes their prices highly static, opening up the stablecoin for everyday use as a medium of exchange due to little volatility. BTC â¿ – LODE Project in LODEPay Media. Tokens are divisible down to 0.01g. LODE provides new and current Silver enthusiasts the opportunity to put idle silver assets to work for themselves and others. The emergence of distributed ledger technology inspires us to imagine a new paradigm, one where silver is once again utilized to settle trade and leverage commerce. The birthplace of the honest money revolution. Barter Networks can find access to a new customer base through the LODE Barter Marketplace. But they come at the cost of high volatility. Beyond making financial freedom accessible to all, allow me to explain how joining the project can solidify Tesla’s role as an innovator in the digital economy. But that previous high was accompanied by a precipitous drop within the month, and already we have seen Bitcoin now fall back to just below $30k. The LODE Community has been creating what they hope to be the "future of money." USD $ – All this, despite the equally record breaking number of closing businesses and unemployed and the increasingly somber reality of more aggressive Covid-19 Variants. LTC Å – In mid-2020, BBVA launched OpenPay in Colombia, where it expected to reach a market share of 5 percent. Thatâs the dream of one bullion backed community: LODE. Trillions spent in emergency assistance has helped keep stock values of major companies high (at the low price of hiking up massive debt). The Latest News on LODE and AGX as we build the future of money. BTC â¿ – When facing down currencies struggling with trillions of stimulus spending, and cryptocurrencies seeking higher peaks and hitting lower troughs, the answer may well be in a cryptocoin backed by the most traditional value holders around: gold and silver. The entire market is like the wild west, and there is so much b.s, fomo and fud out there. AGX Retail Price: They will never fall below the underlying asset price but can eclipse the spot price depending on the coin’s popularity and trade volume. The LODE System is built on blockchain technology to ensure transparency and unparalleled security. More information. Lode Silver-Backed Cryptocurrency Published on Sep 15, 2019 A new, silver-backed cryptocurrency aims to combine precious metals and blockchain into one reliable investment. With such firm anchors in real world value, and the long reach of cryptocurrency adoption and flexibility, LODE stands to make a name for itself, and a secure and stable currency 2021 badly needs. GBP £ – by Advisors Magazine. Contributors in silver exchange traded funds (ETF’s). EUR ⬠– Silver-backed vs. Gold-Backed Cryptocurrency E-Gold emerged in the 1990s as a digital currency backed by gold. And according to some reports, many at this point are pessimistic. Cryptocurrency. Each AUX Coin represents a one (1) milligram weight of vaulted, audited, insured, and verifiable gold bullion. Because the government had stepped in to help. But they come at the cost of high volatility. Gold and silver is backed by centralized banking system, where the core basis of cryptocurrency is that it is decentralized. Each Silverlink token (LNKS) is backed by 1g of 0.999 fine certified silver. Because unlike with bitcoin, if the company wants to set prices in these alternative currencies it can do so with confidence. Digital asset backed tokens solve the problem of purchase, storage, and exchange of commodities that exist in the real world. Followers. Cryptocurrencies seem like an ideal place to store and spend value in the year ahead, far away from the risk from fiscal injections and currency weaknesses. The LODE Community is Collectively Organized Distributed Ecosystem separate from any government or corporate systems. Public and private silver mining companies may deliver and exchange their silver into the LODE System. GBP £ – Thatâs why LODE, an innovative stable currency community, is changing the game by combining cryptocurrency and bullion. The decentralized nature of blockchain makes it subject to the whims of its users, not the government. Lode.one has been developing the world's first, at least one to one silver-backed, blockchain crypto for some time now and from everything I can see, they look to be setting themselves up to become a pretty big player once everything goes down. CAD $ – The âCircularâ Smart Ring Crowdfunding project - a ring that monitors your steps, This weird scheduling hack keeps the CEO of Twitter uber-productive, Born2Invest uses cookies in order to improve your experience and make further customizations to how we present our content. This gold-backed cryptocurrency was to target Muslim nations. LODEPay Media. AGX Coin is digital silver that restores real value to your money. CAD $ – Much maligned for its steep value drop off in 2018, the emblematic cryptocurrency is seeing a return to unconquered heights. The silver will then be tokenized and made available to their industrial clients, employees, suppliers/merchants, vendors and any other number of groups or silver enthusiasts. Contributors receive micro-payouts of newly minted AGX Coins for participation in the community as it grows. It is a community of degenerates (little guys) much like the Wallstreetbets Community. With coins representing concrete amounts of silver and gold (they can be redeemed for the equivalent in hard metal) their value is safely pegged to the bullion. Press Release. AGX Silver Cards The Fast, Flexible and Secure way to buy AGX. MXN $ – And, despite downwards recovery since, the price of both saw a steady increase to new heights since, and has proved resilient to the overall market slump of the last few days. MXN $ – Jun 15, 2020. LTC Å – Each AGX Coin represents a one (1) gram of vaulted and verifiable silver bullion held in the LODE Reserves. | The AGX Coin is a cryptocurrency that is 100% backed by physical silver. EUR ⬠– But traditional cryptocurrencies like Bitcoin and Etherium have significant risk attached, while basic bullion is impractical for the fluid markets of the internet era. Welcome to the LODE Community. â Daniela CamboneEditor in Chief, Kitco, â David SmithSenior Analyst, Morgan Report. As a result, alternative value storage methods, like Cryptocurrency or precious metal bullion (gold and silver), have seen an explosion of interest. LODE is building the world’s first completely socialized global payments system, compliant with international finance law and regulation, backed by gold and silver. The list of gold-backed currency has been growing steadily, with new crypto gold options launched almost every day. His proficiency in internet culture rivals his obsession with artificial intelligence and gaming developments. Gold is one of the six ribawi commodities. Your tokens can be held in any normal ERC20 wallet. Owning digital silver is owning physical silver. USD $ – 2. A global system built with real money. As an essential service provider, precious metal bullion dealers and retailers can align with LODE and discover new customers through the buying and selling of silver to the LODE Community. ETH Î | Despite the global pandemic bringing many businesses to a standstill, global economies are still turning, if more slowly. For one, there has been a return to traditional methods of storing value, notably gold and silver. AGX Coin, the silver-backed stablecoin produced by the LODE Project, is soon to be listed on Hotbit, a leading exchange with approximately $100,000,000 in daily trading volume, according to Coin Market Cap. __(Featured image by Public Domain Pictures via Pixabay). And, they did it because they wanted to appeal to the Muslim nations. From LODE: “It is exciting to be able to work with the Blockchain Foundry team on a deeper level as LODE comes to life.BCF’s technical expertise with solution design and development in the blockchain arena is exactly what is needed to take LODE to the next level,” said Ian Richard of Interfix Corporation, General Contractor to the LODE Project. Contributors then receive a LODE Token in a digital wallet as a receipt for the vaulted silver. Itâs as easy as 1-2-3. In an investor call today the La Jolla, California based bank revealed it accepted $586 million in cryptocurrency deposits in Q3 2020, … These coins are backed by real world assets which can include things like the US Dollar or even precious metals like gold and silver. LODE Token assets may present an additional opportunity for silver investors that have experience trading in ETFs, silver stocks and the Paper Silver market. Please review our disclaimer for more information.This article may include forward-looking statements. Indeed, that fundamental weakness is shared with the same âvulnerableâ world currencies investors are starting to flee, making it a poor choice for keeping their wealth safe. The goal is to make buying, selling, trading, and holding silver as easy as purchasing any ERC20 token. The platform proved to be very popular during its heyday, but is now a shadow of its former self after authorities cracked down on co-founder Daniel Jackson. SIL is a 1-to-1 ratio coin and 100% backed by pure silver, 1 digital SIL = 1g physical Silver. Unlike other digital-assets, the LODE Silver-Money System is backed by physical investment-grade silver bullion. Better yet, what if it could be a new currency, with a return to moneyâs rootsâhonest metal. This is one of its biggest challenges when crossing over to the main stream. The new year, and decade, have gotten off to a rough start. But there are alternatives out there, cryptocurrencies whose value is anchored in some of the oldest and most reliable value storage systems: precious metals like silver and gold. They can do this in exchange for AGX coins. Simply enter the dollar amount of your choice, provide payment details, and an Electronic Gift Card … said Jag Sidhu, CTO of Blockchain Foundry Inc. ? Introducing SilverCoin - an ERC-20 silver-backed cryptocurrency that is built on the Ethereum network. Purchase silver instantly in a safe, secure and anonymous method that gives you total economic control and freedom. Appenzell Ausserrhoden, Switzerland, Copyright © 2021 LODE (Switzerland) AG,All Rights Reserved. Why? Silver-Backed Stablecoins vs. CAD $ – In particular, the financial world continued to stretch ever upwards, with major stock indexes reaching record-breaking heights in January. Newer means of storing and using value have seen a sharp increase in interest, notably cryptocurrencies. MXN $ – Lode Silver-Backed Cryptocurrency. The serological method, called Scovam is a fluorescence-based assay that allows simultaneous detection of IgM and IgG antibodies in a... Of the 889 weekly markets located in rural areas, 822 are open and distributed among 792 rural municipalities or more... Fintech scandal: Exporo kicks out Upvest and switches to Tangany, Bitcoin’s price bounces off the resistance zone again, Berdac closes one million euro round led by Big Sur Ventures, Rotamundos seeks to create a hotel chain in Mexico with fundraising efforts. While the British, South African, and Brazilian variants of Covid-19 race against the vaccine, businesses everywhere are struggling to cope with the virusâs economic burden. 5 Asset Backed Cryptos to Watch. When you buy SilverTokens, they’re valued 1:1. The silver is then digitally recorded on the blockchain as AGX Coins. Lode One Mining AGX Coin & LODE Coin Cryptographic Silver Money. Cryptocurrencies seem like an ideal place to store and spend value in the year ahead, far away from the risk from fiscal injections and currency weaknesses. They will see growth in their own wealth as the silver is put to use as a new, fluid but solid, honest currency. GBP £ – Much needed stimulus money has been essential to keeping individuals afloat, but it also buoyed companies even more. Jeremy Whannell loves writing about the great outdoors, business ventures and tech giants, cryptocurrencies, marijuana stocks, and other investment topics. 9100 Herisau 2021 will crave reliability and stability. The proceeds from selling AGX Coins are used to buy more silver, which is then used to mint more AGX Coins. Built on … At anytime can you get your physical silver via collection/delivery. Each SilverToken is equal to 1 ounce of investment-grade silver. Overinflated values which are now potentially starting to pop, revealing that these fiscal injections have, unfortunately, also contributed to further decoupling from reality our two primary systems for storing value: currencies and stocks. Create a LODE account and become a LODE Contributor – buying or delivering silver through LODEâs verified vaulting partners. Once you have completed your profile, click buy or deliver to start reserving your … Among the more âsurprisingâ headlines of late 2020 and early 2021 has been the meteoric return of Bitcoin. LODE Token positions may afford an opportunity to invest in a new asset class that provides a platform for further diversification, new types of security instruments and lower administrative costs for trading, exchanging and transacting. While cryptocurrencies offer a strong alternative to fragile fiat currencies, they have some significant weaknesses as well. Therein however, lies its biggest problem. Bitcoin, which as of the start of the month had more than doubled its previous high of $15,000 seen in 2017, managed to surpass $40,000. JPY Â¥ – Government solutions have often been heavy spending on necessary stimulus packages, and Biden seems set to expand the US one further. Daniela Cambone Interviews David Morgan - Why the LODE project? Funds and vulnerable individuals alike tend to steer clear of Bitcoin because it is not anchored to any particular value. ?LODE presents a bridge between silver-backed money and cryptocurrency. At the time of writing of this article, the list includes the following: AgAu AgAu is a cryptocurrency that gets its name from the chemical symbols for gold (Au) and silver (Ag). Securely buy, sell, trade and store silver that only you control. LODEâs insightful innovation goes one step beyond even many of the other so-called stablecoins which some analysts are already hyping. An Overview Of SilverCoin One ounce of fine pure silver bullion is worth 100 SilverCoins. The LODE Silver reserves are insured and audited by a third party. This was the very first coin to take on this concept of gold backing. Understanding Crypto Backed by Precious Metals. Gold and silver, on the other hand, offer stability but little practicality. Silverlink: The Silverlink token (LKNS) is equal to one gram of 0.999 certified silver. LTC Å – While that kind of vulnerability and volatility may appeal to the casual speculator, it scares serious investors away. AGX Coins are then enabled through options such as POS, tap and pay apps, ATM networks, prepaid debit cards, barter networks, and exchanges. EUR ⬠– Cryptocurrency often catches flak for lacking an objective value, so could a silver-backed token be the way forward? AUX Coin is digital gold that restores real value to your money. The Digital Silver Standard has arrived! JPY Â¥ – Every public and private company across the world can join the LODE network to lode one grade silver into the LODE/AGX system. This essentially means there are more buyers and sellers of Gold than Silver.
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