Article Summary, Automatically Generated By AI
About AurusX
Key Points
- AurusX (AX) is an Ethereum token with a total supply of 30 million.
- AurusX can be used to create and vote on proposals governing Aurus and earn a portion of transactions fees.
- AurusX tokens are scarce, and the more you own, the higher percentage of rewards you receive and voting power you have.
- AurusX can be bought from various Aurus partnered exchanges with multiple fiat and crypto trading pairs available.
Numbers and Figures
- 30 million: Total supply of AurusX tokens.
- 50%: Percentage of AurusX reserved for investors.
About AurusX: Pioneering a New Era in Digital Assets
Introducing AurusX (AX): A Revolutionary Cryptocurrency
AurusX (AX) is a capped Ethereum token, boasting a total supply of 30 million, which fuels the Aurus Ecosystem, a decentralized network of tokens backed by precious metals. This token empowers users to create and vote on proposals governing Aurus, while also enabling staking to earn a share of transaction fees, comprising 50% from tGOLD (tXAU) and 30% from both tSILVER (tXAG) and tPLATINUM (tXPT).
The Advantages of AurusX: Unlocking a New Era of Investment
AurusX (AX) tokens are scarce and embody a stake in the Aurus ecosystem, with a limited total supply of 30 million tokens. Notably, only 50% of AurusX is allocated for investors.
The greater the quantity of AurusX tokens you possess, the higher the percentage of rewards you receive and the greater your voting power.
Where to Acquire AurusX: A Comprehensive Guide
AurusX can be readily acquired from a diverse range of Aurus-affiliated exchanges, offering a multitude of fiat and cryptocurrency trading pairs.
Exchanges: Notable listings include MEXC (AX/USDT), AscendEX (AX/USDT), and CEX.IO (AWX/EUR), further expanding our global reach.
Aurus: A Pioneering Venture in Gold-Backed Cryptocurrencies
Aurus, the pioneering company behind AurusX (AX), was established in 2018 with a vision to bridge the gap between traditional precious metals businesses and financial institutions, and the innovative realm of decentralized finance (DeFi) and Web3 applications. The Aurus platform serves as a catalyst, empowering a global network of precious metals providers, vaults, and dealers to independently tokenize physical gold, silver, and platinum bullions into tGOLD, tSILVER, and tPLATINUM, respectively.
Aurus is pioneering a paradigm shift in the precious metals market, striving to create a more inclusive and efficient ecosystem that democratizes access to gold, silver, and platinum for both retail and institutional investors.
Accumulate Rewards in the Form of Valuable Metals: Gold, Silver, and Platinum
AurusX (AX) holders are entitled to a proportion of the fees generated within the Aurus Ecosystem. As global traders engage with Aurus’ precious metals-backed tokens, a percentage of the fees accrued are redistributed among AurusX token holders, denominated in gold (tGOLD), silver (tSILVER), and platinum (tPLATINUM). *→ Stake AurusX and claim rewards via the Aurus Mobile App
Cast Your Vote on Ecosystem Proposals
AurusX confers upon its holders the privilege of governance voting, empowering community members with a vested interest in the ecosystem to shape its future. By exercising their voting rights, stakeholders can influence the trajectory of the Aurus ecosystem, ensuring that their voices are heard.
→ Harness the power of democracy via the Aurus Mobile App, coming Q2 2024
The Aurus Ecosystem: A Harmonious Convergence of Innovation and Luxury
The Aurus Ecosystem constitutes a highly scalable, self-sustaining global network of esteemed precious metals providers, vaults, and distributors, which seamlessly interact with the Aurus blockchain platform to facilitate the independent minting and global distribution of precious metals-backed tokens.
Aurus: Revolutionizing the Precious Metals Industry with a Novel Value Proposition
B2C – Historically, investing in precious metals entailed purchasing from a bullion dealer at a premium, accompanied by storage fees, or through an exchange-traded fund (ETF). However, ETFs merely provide price exposure, without granting ownership of physically allocated metals, and cannot be redeemed. Aurus harnesses the power of blockchain technology to facilitate: seamless 24/7 trading; fiat and cryptocurrency exchange listings; secure peer-to-peer transfers; and instantaneous settlement of all transactions.
B2B – Aurus fosters synergy with traditional precious metals industry players, granting access to cutting-edge products, a vast addressable market, and passive revenue streams. By empowering bullion dealers to introduce novel digital offerings and facilitate seamless, instantaneous settlements, Aurus enables them to venture into uncharted market territories and demographics, unlocking new, recurring revenue streams that transcend traditional one-off premiums.
Meet the Visionaries Behind Aurus
Aurus is spearheaded by a seasoned team of commodity and financial industry experts, boasting a wealth of experience and expertise.
See full team here.
Leadership Team:
Notable Directors:
* Guido van Stijn, Managing Director
* Mark Gesterkamp, Head of Business Development
* Dan Cearnau, Chief Technology Officer
* Jonathan Boyd, Head of Global Institutional Markets
Board of Non-executive Advisors: * Tony Dobra – With a distinguished 40-year tenure in the precious metals industry, Tony has worked as a physical and derivatives trader in prominent financial hubs, including London, Frankfurt, Hong Kong, and Luxembourg. He subsequently served as Director of the UK’s largest gold refinery, Baird & Co., for a decade. * Jason Toussaint – Jason brings extensive expertise in asset management, precious metals, and fintech industries. Notably, he was CEO of SPDR Gold Shares (GLD), the world’s largest gold ETF, where he spearheaded growth in assets to over $78 billion. He also held the position of Managing Director and Global Head of Investment at the World Gold Council. * Grant Angwin – A 30+ year veteran of the precious metals industry, Grant has held senior management positions at Johnson Matthey, including President of the North American gold and silver business. He also served as President of Asahi Refining and held various roles at global industry associations, including Chairman of the LBMA. * Rex Johnson – Rex boasts extensive experience in the Finance industry, having held numerous senior trading and broking positions. He has been involved in multiple cryptocurrency start-ups and was previously a board member of an FCA-regulated physical Gold trading company.