Aureus Nummus takes the world currency ambition to next level with the Gold Standard
The Aureus Nummus Gold System (Aureus Nummus, symbol: ANG) is an ambitious fintech project that has set itself a goal of providing a highly exchangeable gold based crypto currencya to the world.
The Aureus Nummus Gold is based on simple and easy to understand exchange-anytime system, that centers on one fixed exchange ratio: 100,000 (hundred thousand ANGs are always equal to 1 ounce of bullion gold). Therefore holders of ANG tokens don’t need to worry anymore about price fluctuations. The system is said to encompass all financial markets, stimulate the velocity of capital movement, and resolve the problems that hamper the overarching adoption of cryptocurrencies.
The key elements of the Aureus Nummus Gold Monetary System
The Aureus Nummus Gold Blockchain Network (ANG) lies at the heart of this emerging monetary system. For the technical standpoint, it is a fork of the ERC 20 Ethereum blockchain, which is known for possessing such properties as ultra-fast remittances that take no longer than 5 seconds, versatility, and compatibility with any of the current payment systems. The Aureus Nummus Gold blockchain serves as the foundation for a simple general payment and savings system.
Aureus Nummus Gold Mint is a functional feature that allows clients to receive real gold coins in exchange for their tokens, with the symbol of Aureus Nummus Gold engraved on it.
Aureus Nummus Gold Financial Network is in the process of developing a physical debit card compatible with the MasterCard and Visa payment service.
Key features of the Aureus Nummus Gold
The Aureus Nummus or also Aureus Nummus Gold (symbol: ANG) is a digital currency and asset, which is backed by physical gold or gold equivalent and serves as a global payment and savings instrument. The gold backing provides the Aureus Nummus with significantly higher intrinsic value and stability than compared to other currencies and payment systems.
The Aureus Nummus is a digital currency based on 1:1 allocated physical gold or gold equivalent. Allocated means that for each Aureus Nummus that is sold to the public a respective amount of gold or gold equivalent will be put into a trust account or safe storage.
The holders of Aureus Nummus collectively own the gold or gold equivalent, which is held in reserve in a trust account in order to back the value of the Aureus Nummus. The holders of Aureus Nummus can request that their Aureus Nummus coins be converted back into gold or gold equivalent, subject to our Terms and Conditions. The conversion rate always remains the same and is independent from any market price fluctuations on secondary markets: 100,000 ANG= 1 ounce of gold bullion.
The minimum price of the Aureus Nummus is permanently set at the price of gold bullion. There is no upper price limit and the Aureus Nummus can freely appreciate to the upside, but the underlying software ties the Aureus Nummus to the price of gold bullion.
The Aureus Nummus does not require users to have a bank account or a line of credit such as a credit card in order to own any of the Aureus Nummus cryptocurrency — they simply have to convert money, other cryptocurrencies or precious metals into or out of the Aureus Nummus to use it.
The Aureus Nummus is completely decentralized. Not one single entity or authority can change or influence the constitution of the Aureus Nummus or its smart contracts. As the Aureus Nummus is based on an Ethereum smart contract, it runs exactly as programmed without any possibility of downtime, censorship, fraud, and third-party interference.
CONCLUSION — The key takes away
I believe it cannot be overstated enough that the Aureus Nummus Gold provides real liquidity for its investors, something with which even bigger exchanges still are struggling.