Asia Broadband Specifies Characteristics Of Gold-Backed Cryptocurrency Token - Seite 2

The Company is currently developing, with CHSC, its own proprietary cryptocurrency Exchange that will allow AABB Wallet users to quickly exchange their AABB Gold tokens for major cryptocurrencies such as Bitcoin, Ethereum and Litecoin. AABB embraces a pioneering philosophy with its truly unique Mine-to-Token vertical integration operational approach that strives toward complete independence from FIAT currency.

Strategically positioned as a revenue diversification and awareness project, the AABB Gold token will create financial leverage, liquidity, and monetize physical gold holdings and future gold production. The revenue model of the AABB Gold token will be driven by two streams; transaction fees and demand driven price appreciation. The primary stream for AABB will be transaction fee revenue that will expand significantly as token circulation increases. Additionally, the potential token price appreciation and sales price upside could be substantial, due to the limited release of tokens combined with the expanded use and velocity of token exchanges. The Company will begin the preparation of financial projections from token revenues after the proprietary cryptocurrency Exchange has been added to the AABB Wallet and operating for several months.

AABB’s primary goal for the token is to become a worldwide standard of exchange that is secured and trusted with gold backing, by progressively expanding token circulation targeting large population and high growth markets globally including China and East Asia. The Company’s advanced collaboration with CSHC continues to plan the roll out of an international marketing campaign for the AABB Gold token, AABB Wallet and development of the corporate brand. The marketing efforts are aimed to proliferate 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.

The Company will announce the token release and its availability for sale imminently, when the final stages of testing are complete.

About Asia Broadband

Asia Broadband Inc. (OTC: AABB) is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. The Company is also releasing its freshly minted mine-to-token gold-backed cryptocurrency AABB Gold token (AABBG) and expects to become a world-wide standard of exchange that is secured and trusted with gold backing, an outstanding quality relative to other cryptocurrencies.