AgAu represents direct ownership of silver and gold bullion allocated in Switzerland. We aim to be the easiest way to transact redeemable physical LBMA quality precious metals. FINMA (Swiss Financial Market Supervisory Authority) classified AgAu tokens as a payment token recognizing that it is an asset but not a security as of June, 2020.
The True Alternative to Fiat
AgAu tokens represent the digital direct ownership of 1 gram of 99.99% quality gold for AgAu Gold (AGLD) and 1 gram of 99.99% quality silver for AgAu Silver (ASLV). All precious metals are held in the form of London Bullion Market Association (LBMA) Good Delivery bars in secure private vaults, in stable jurisdictions with respect to private property and privacy laws.
Thierry ARYS RUIZ
“In the spirit of the initial Blockchain community, we created AgAu the Peer-to-Peer, Electronic Money System backed by Silver (Ag) and Gold (Au) in Switzerland”
Allocated and Segregated
AgAu offers only tokens backed 100% by physical and allocated bullion. It is estimated that around 95% of the gold market traded in the financial system is unallocated gold. Buying unallocated gold or silver turns the buyer into a creditor, i.e. the Financial Institution owes the customer the precious metals which he does not own.
Redeemable Direct Ownership
AgAu’s token holder is the direct owner of the underlying physical bullion stored in secure private vaults. Tokens can be redeemed at any time against the associated allocated precious metal or can be exchanged against fiat currencies.
AgAu uses the Ethereum Blockchain which is the most popular and decentralised Blockchain with the largest ecosystem. This serves the vision of AgAu to spread as a permision-less global money system, making it the perfect medium of exchange, store of value and unit of account tradable internationally.
Secure and Transparent Trading
Blockchain technology ensures cryptographic security. Transactions are verified in a matter of seconds in an immutable ledger providing full transparency and security to all participants. AgAu is a secure, flexible and cost effective way to utilise gold and silver as payment and as an asset. You can use it however you want.
AgAu tokens are tradable 24/7, 365 days a year and are not limited to traditional exchanges. AgAu can be exchanged at any time through crypto exchanges, peer to peer (from wallet to wallet) and other venues. AgAu tokens may enjoy more liquidity than other cryptocurrencies due to its stable backing and the possibility for redemption. At first, price discovery will be ensured using traditional pricing references precious metals being one of the most liquid commodities.
Privacy and Security
The blockchain allows a relatively anonymous ownership. While all blockchain transactions are published and transparent, the ownership of the crypto wallet is theoretically anonymous. This allows to transact in multiple accounts emulating banking secrecy since nothing publicly links the account to the account holder. Only the private key can identify and transact in each account.
- ERC20 compatible wallet
- Easy API integration
- Transact AgAu tokens for BTC, ETH or any fiat currency
- Develop economies by banking the unbanked
- Increase global competitiveness by having more transparent pricing
Use a gold and silver standard globally
- Convenient for merchants