Aureus Nummus Gold ANG Price

What is Aureus Nummus Gold (ANG)?

Aureus Nummus Gold (ANG) is a cryptocurrency that aims to combine the stability of gold with the advantages of blockchain technology. Launched in 2021, ANG is backed by physical gold, with each token representing a specific amount of gold stored in secure vaults. This feature aims to provide users with a stable digital asset that is less volatile compared to traditional cryptocurrencies. The ANG token operates on the Ethereum blockchain, enabling smart contracts and facilitating seamless transactions. The project emphasizes transparency and security, making use of blockchain's immutable ledger to track gold reserves and ensure that each token is fully backed by physical assets.

Who are the Founders of Aureus Nummus Gold?

The founders of Aureus Nummus Gold are a team of experienced professionals with backgrounds in finance, technology, and precious metals. The key figure behind the project is William Quigley, a well-known entrepreneur and cryptocurrency expert who has been involved in various blockchain initiatives. Alongside him, the founding team includes experts in economics, blockchain development, and asset management. This diverse expertise allows the team to navigate the complexities of both the cryptocurrency and precious metals markets effectively.

How does Aureus Nummus Gold Work?

Aureus Nummus Gold operates on a dual-layer structure that integrates gold reserves with blockchain technology. The process begins with the acquisition of physical gold, which is then stored in secure vaults. Each ANG token is pegged to a specific quantity of this gold, ensuring that the value of the token is directly linked to gold prices. Users can purchase ANG tokens through various exchanges or directly from the platform, and they can redeem their tokens for physical gold if desired.

The tokenomics of ANG includes a minting process, where new tokens can be created as additional gold reserves are acquired. This minting is governed by smart contracts, ensuring that the supply of ANG is always backed by tangible gold. Furthermore, the project incorporates a transparent audit system, allowing users to verify the gold backing their tokens through regular audits conducted by third-party firms. Transactions involving ANG tokens are processed quickly on the Ethereum blockchain, facilitating efficient trading and transfers.

Top Use Cases of Aureus Nummus Gold

• Digital Gold Investment: ANG serves as a digital alternative for investors looking to gain exposure to gold without the challenges of physical storage.
• Hedging Against Inflation: As a stable asset, ANG can be used to hedge against inflationary pressures, similar to traditional gold investments.
• Smart Contracts: The integration with Ethereum allows users to create smart contracts for various financial agreements, enhancing the utility of ANG in decentralized finance (DeFi).
• Cross-Border Transactions: ANG facilitates fast and low-cost cross-border transactions, appealing to users in regions with less access to banking services.
• Charitable Donations: ANG can be used as a method for donations, providing a transparent and secure way to transfer value to charitable organizations.

How to Keep your Aureus Nummus Gold Safe?

To ensure the safety of your Aureus Nummus Gold (ANG), consider the following best practices:

• Use Secure Wallets: Store your ANG tokens in reputable wallets that support ERC-20 tokens. Hardware wallets, like Ledger or Trezor, provide added security against online threats.
• Enable Two-Factor Authentication (2FA): Always enable 2FA on any platform where you hold or trade ANG tokens to add an extra layer of security.
• Keep Software Updated: Regularly update your wallet and any software associated with your cryptocurrency holdings to protect against vulnerabilities.
• Beware of Phishing Attacks: Always verify the authenticity of websites and communications related to ANG. Avoid clicking on links from unknown sources.
• Consider Cold Storage: For long-term holding, consider transferring your ANG tokens to cold storage solutions that are not connected to the internet.