Asia Broadband Gold-Backed Cryptocurrency Token Development Update
LAS VEGAS, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) is pleased to announce that cryptocurrency wallet and token developer Core State Holdings, Corp. (CSHC)
is continuing to modify the set-up and move through the final stages of testing of the iOS and Android AABB Wallet applications, including the implementation of an application interface to allow
users to see the real-time exchange rate of gold that backs the price of the AABB Gold token set at one-tenth of a gram or approximately $5.80 USD. Due to the overwhelming public response and high
volume of inquiries about the token received recently by AABB, CSHC has scaled-up the processing capacity and expanded the testing protocols to ensure seamless and robust transaction processing
when the token becomes available for sale. Also, the vigorous demand for the token has led the Company and CSHC to setup a support system to administrate and facilitate communications.
Subsequently, the added development time required to be fully equipped to allow the token to be available for sale has extended the go live launch date of AABB Gold (AABBG) into March and the
Company will announce further details on the token release as they become available.
Additionally, CSHC has continued to enhance the AABBGoldToken.com website for the Company to add clarity and usability. The token website will be the go-to knowledge base for all information concerning the soon-to-be launched AABB Wallet and AABB Gold token (AABBG). CSHC has also commenced the creation of the cryptocurrency exchange that will allow users to quickly exchange their AABB Gold tokens for cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. In the future, CSHC plans to implement a crypto-to-FIAT exchange; allowing for users to exchange the cryptocurrencies for FIAT currencies such as USD, EUR or CAD. The Company’s advanced collaboration with CSHC continues to finalize a marketing strategy and campaign surrounding the AABB Gold token, AABB Wallet and expansion of the corporate brand. The marketing efforts are aimed to expand brand exposure and reputation, increase the use of the AABB Gold token and the AABB Wallet, and amplify general public and investment community awareness of the Company.