Are the precious metals protected of confiscation?

Are the precious metals protected of confiscation?

August 17, 2021By
AgAu is based in Switzerland which is a rare case of direct democracy. This makes the country the safest jurisdiction in terms of private property laws and constitutional protection. At AgAu we believe that in order to mitigate political tail risk such as confiscation or prohibition, the choice of a neutral jurisdiction with a rule...
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How AgaAu ensures financial privacy?

August 17, 2021By
While all blockchain transactions are published and transparent in the public ledger, the ownership of the account /crypto wallet is virtually anonymous, emulating the banking secrecy available in certain jurisdictions. Moreover, the distributed ledger technology is efficient in eliminating central points of failure. AgAu tokens based on gold and silver are self-sovereign; no government has...
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What are the 7 layers of certification proving?

August 17, 2021By
The first layer is that during the Token Generation Ceremony (TGC), all assets need to be proven by the Vault issuing a Stock report An independent auditor or assayer must certify both the quality and quantity. A notary must sign therefore providing an extra independent party to reduce operational risk as well as making sure...
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How can the users prove that the assets are backed by LBMA quality allocated physical precious metals?

August 17, 2021By
Through AgAu’s Matching Ledger, AgAu establishes the direct property of the physical metal which makes it much easier for users to audit and inspect their own possessions. Through the AgAu System, the user has 7 layers of certification proving that the assets are backed by allocated LBMA quality physical precious metals.
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How does AgAu system work?

August 17, 2021By
The AgAu System and approved partners can mint AgAu tokens and request a Token Generation Event (TGE). The user has access to 7 layers of certification proving that the assets are backed by allocated LBMA quality precious metals: Tokens can be created when a set of specific requirements are fulfilled (Proof of Asset Authentication process)....
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How can I ensure maximum security of my account?

August 17, 2021By
As AgAu we have put great security measures to keep your account safe. For account logins, we follow a 2-Factor Authentication process with SMS and email confirmation. We recommend you to keep your AgAu registered email on a separate device other than your phone with the registered number which you receive SMS codes, this way...
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Is it possible to buy AgAu Tokens with fiat money?

August 17, 2021By
Yes.  AgAu tokens will be listed on the Ethereum platform and can be bought and transferred by fiat-to-crypto and crypto-to-crypto exchanges. Users will be able to store the Tokens in their Ethereum wallets.
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Where are the physical metals (Gold & Silver) represented by AgAu Tokens stored?

August 17, 2021By
AgAu tokens underlying will be stored and insured in secured vaults primarily in Switzerland and Liechtenstein. Our Partners are listed in the “Partners” section.
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What is the transaction fee?

August 17, 2021By
Similar to the gas fee paid on ethereum, AgAu has a transaction fee to ensure the continuous support and development of the system.  The transaction fee rate fluctuates within a range defined by the higher bound and the lower bound. The Higher Bound will initially be set at: 0.399% The Lower bound will initially be...
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How does the storage fee work?

August 17, 2021By
The storage fee is taken on the basis of how much time the gold token has been held in order to be as just as possible with a “pay per usage”. Wallets are debited automatically of their storage fees and users can see their available balances Upon sending or receiving transactions, a storage fee is...
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