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/biz/ - Business & Finance

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29898721 No.29898721 [Reply] [Original]

Anyone here have any insight on the AABB Gold Token being shilled periodically here on /biz/?
www.aabbgoldtoken.com/aabb-gold-token/

Is it really gold-backed and is it true that it has a limited supply? If so how will it track gold properly and not just sky rocket once all coins are distributed?

>> No.29898749

>PAXG

>> No.29898806
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29898806

>>29898721
would anyone like to kis my bonir?

>> No.29899075

>>29898749
thanks anon.

look at PAXG market cap compared to what AABBG (before it has even released?!).

PAXG = $125,500,000.00
AABBG = $227,100,000.00 (39,770,498 AABBG reserved at $5.712 USD as of February 25, 2021, 9:44AM EST)

okay wow...

>> No.29899405

>>29898721
>>29898749

Just doing some DD. Apparently AABB owns a literal gold mine... This is literally gold-backed unlike PAXG.

>> No.29899531

>>29898721
I have a bag of AABB stock and put in a preorder for AABBG. They have a lot going for them this month, look into the stock too. The token will be used as a store-of-value (with 0.1G of gold as the pegged value) and will be the first mine-to-mint crypto.

>> No.29899861
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29899861

>>29899531
Thanks for the info anon.