World’s First Secure Cryptocurrency
Gold-Backed and Increasing
AuX Tokens Replaced if Stolen
- Soft Cap
- To Date
- 1 AuX token – US$0.20 equivalent
Contributed USD 0
AUX sold 0
|Unit of Account||YES - gold-backed||NO - far to volatile|
|Stable value store||YES - gold-backed||NO - speculative|
|Scalable||YES - 1,000s per second||NO - 5 per second|
|Security||YES||NO - prone to hacking|
GoldCrypto AuX Token Features:
- The only ASSET-BACKED SECURE Cryptocurrency
- Unprecedented token security
- If hacked (unlikely) – stolen AuX tokens replaced
- Backed by physical gold – 150% on ICO close
- Highly scalable – 1,000s transactions per second
- Better than gold-standard
- Gold backing continually increases
- Transparent and accountable blockchain
- Decentralized and nationless
- Wallets/card available for use at ATMs and stores worldwide
- Option to exchange AuX tokens for physical gold
- As a cryptocurrency - Better than Bitcoin
GOLD BACKED UTILITY CRYPTOCURRENCY
Each GoldCrypto AuX token is 150% backed by pre-purchased gold. At ICO closing, physical gold backing is positioned at over US$0.30 equivalent per AuX token.
Initial 150% AuX token gold backing to continuously increase through re-investment process in gold pre-purchases on highly attractive terms.
AuX tokens are blockchain accounted and supported on the industry’s most secure Platform through CryptoSecure.com ensuring that hackers have nothing to hack, and providing instant mitigation of any ransomware, viruses, trojans, botnets and other malware.
AuX tokens provide the ultimate stable safe-haven cryptocurrency as they are backed by physical gold, a true Unit of Account.
CONVENIENT AND FAMILIAR
Gold is globally recognized and accepted. Gold-backed AuX tokens will become just as familiar and but far more convenient and globally accessible than any fiat or cryptocurrency.
AuX token wallets/cards will be able to be used at ATMs, for instant cryptocurrency settlements and for payments, transfers and purchases online or in stores worldwide.
AuX Cryptocurrency Tokens –
THE FUTURE OF cryptocurrency!
|Fiat||Increasing Debt Levels||Subject to inflation|
|Bitcoin||Zero||Highly susceptible to hacking|
|GoldCrypto||150% Gold and Increasing||Safe and Secure|
- Many investors and industry analysts predict exponential growth for cryptocurrencies.
- AuX tokens are the ideal cryptocurrency – their gold backing exceeds the traditional Gold Standard and will ever increase.
- AuX tokens are highly scalable and will be the safest and most secure cryptocurrency.
Why A Gold Backed Cryptocurrency?
It is just a matter of time before the US dollar ceases to be the world’s Reserve currency. AuX tokens have been specifically designed as a true cryptocurrency incorporating security, scalability, and value (unit of Account and store of value). AuX tokens are secure, backed by increasing physical gold, accountable, transparent, immutable on blockchain, and represent the ideal cryptocurrency.
Why Act Now?
Physical gold serves as protection against inflation and fiat currency collapses. Having nationless AuX tokens with an ever-increasing gold backing is far more compelling than holding fiat currencies. Gold has been the world’s most stable and enduring currency for over 5,000 years and at ICO entry level the AuX token currency presents a ground-floor opportunity for participation in a unique new gold-backed global currency.
There is no better asset-backing than physical gold!
AuX tokens are digitized Gold Standard cryptocurrency utility tokens.
In the current global market of economic uncertainty, terrorism, political instability and many other threats, the case for establishment of a gold backed, decentralized and secure cryptocurrency is an imperative to preserve wealth and value. Given that US Dollars and the world’s 180 fiat currencies are predominantly backed by debt, and most cryptocurrencies have no tangible asset backing or hope of achieving sustainability in the mid or long term, safe and secure gold-backed AuX tokens are an obvious value proposition.
AuX Tokens have all the components of the ideal global currency:
- Value – 150% gold-backed and then ever increasing, AuX token value is irrefutable and not based on speculation.
- Cryptocurrency – A global nationless digital currency that recognizes no borders.
- Safe and Secure – If hacked (unlikely) then AuX tokens are replaced.
- Counterfeiting – Cannot be counterfeited as AuX tokens are fully accounted on blockchain.
- Trust – Backed by verifiable increasing gold.
- Scalability – Can be transacted at 1,000s transactions per second.
- Transferable – Can be used for payments, remittances, be bought or sold or used in stores worldwide.
- Authenticity – AuX token authenticity can always be validated and verified.
- Portability – AuX tokens are globally portable. Through GoldCrypto wallets/cards, can be realized in multiple countries and fiat currencies, instantly exchanges with other cryptocurrencies and used in stores worldwide.
- Fungibility – Able to be used for exchange of most any value services or products and/or for physical gold which is itself highly fungible.
- Durability – As a digital currency, AuX token durability exceeds that of all fiat currencies.
- Divisibility – Provide for divisibility that will enhance global usage as and when required commensurate with its growth traction as a cryptocurrency.
However, for any cryptocurrency to emerge as a true global currency of choice its security, usage value, scalability, recognition, and acceptance needs to be unquestioned and unanimous worldwide. Further it will need to address market-share capacity as Bitcoin, even with value of over US$7,000 per coin, is still a very small player in the global currency market.
Putting things into perspective, Bitcoin has a current market capitalization of around a mere US$115 billion within a global market where all fiat currencies total US$90.4 trillion of which only US$7.6 trillion is in printed or minted form.
Notably, gold reserves amount to US$7.7 trillion, stock market assets US$73 trillion, property assets US$217 trillion, and hanging over all this is a derivatives market of well over US$500 trillion, and total global debt of $215 trillion.
Clearly, a run on any major fiat currency or assets liquidation would be cataclysmic.
- Demand – There is a clear demand for an efficient, highly scalable, transparent, and portable asset backed cryptocurrency.
- Value – Through their unique structure, AuX tokens ever increase in gold backing.
- Acceptance – AuX tokens, as a scalable, true value cryptocurrency, have unlimited potential.
- Widespread Use – Being gold backed, verifiable, validated, tradable, used for payments and remittances, accepted by ATMs and stores (in fiat) worldwide positions AuX tokens as the ideal value cryptocurrency.
- Security – If hacked any stolen AuX tokens are replaced.
MARKET FOR AUX TOKENS
- Globally: For anyone wanting access anywhere in any currency at ATMs or in stores or online world-wide – at minimal cost.
- Cryptocurrency Buyers: As a Gold Standard cryptocurrency ever increasing in gold-backing, AuX tokens will appeal as a decentralized global cryptocurrency.
- Hedge Buyers: If concerned with inflation, political instability, economic uncertainty, gold as a bullion product, AuX tokens provide attractive options.
- Institutional Buyers: Safe and secure Gold Standard AuX cryptocurrency tokens convertible to physical gold, represent a highly attractive option for gold acquisition.
- Bullion Buyers: Being backed by ever increasing physical gold, AuX tokens provide a most advantageous leveraged gold position opportunity.
Gold is pre-purchased at a significant discount (around half market value) while still in the ground and following mining it is minted by Scottsdale Mint and then delivered as bullion. This provides for a starting gold backing of over US$0.30 equivalent per AuX token (a minimum 50% premium without factoring in any ICO bonuses).
As physical gold is delivered, up to 65% may be reinvested in further gold pre-purchases, 5% is reserved for CrypDonate.org an emerging non-profit social enterprise, and a minimum 30% is transferred to secure bullion vaults.
This ongoing leverage assures the gold backing of AuX tokens will ever increase.
The unprecedented CryptoSecure Platform security provides GoldCrypto layered protocols that include access control, network security, Proof of Identity, Authority, and Stake. This will be further enhanced through deploying Jentu network software to create the industry’s strongest security ensuring that hackers have nothing to hack and providing instant mitigation of any ransomware, viruses, trojans, botnets and other malware. This network solution meets all 20 of the SANS Critical Security Controls and has recently been audited by the US Government and approved for government installations.
As well as having the ERC20 standard AuX tokens on the public blockchain, GoldCrypto uses a permissioned ledger interface that validates and authorizes all transactions. This interface, provided through the CryptoSecure Platform, seamlessly assures that transactions are between KYC validated parties as well as identifying the smart contract tokens being transacted. This safeguard provides for all transaction identification, compliance and tracking where ever required.
GoldCrypto AuX tokens are first created through the permissioned ledger with all associated transactional and recording proceeded through ERC20 standard smart contracts on the public blockchain. This ground-breaking GoldCrypto security provision for its AuX tokens is being customized through the CryptoSecure Platform.
Note: For clarity re tokens being claimed to be hackproof: This is only applicable to tokens to be listed and trading on a CryptoSecure Platform Exchange and held in CryptoSecure enabled wallets. The CryptoSecure Platform and Exchange operations networks are managed by servers that deliver mirrored images to endpoints (the operational computers) that don’t have hard drives. No hard drives means Nowhere for hackers to hack. AuX tokens will be the first to be listed on this secure Exchange.
Should any AuX tokens be stolen, they will immediately be voided on the permissioned ledger and on the blockchain, and then be subject to replacement.
Finally, AuX tokens will only be able to be traded between parties that are KYC compliant. It is important however to recognize that no KYC information is openly shared with, or provided to any regulator, or third party, except through formal demand from authorities that may be investigating serious illicit activities such as arms dealing, drug running, terrorism, slavery, or similar. Basically, issues concerning serious AML/CTP activities. Therefore, parties involved in any of these types of activities are discouraged from participating in AuX tokens.
In summary, with CryptoSecure.com AuX token breakthrough security measures in place, hacking of AuX tokens becomes futile as any stolen tokens are rendered valueless and useless. They will be unable to be legitimately transferred or used ever, and hackers will be identified and prosecuted.
Darcy Johnston coordinates and manages all GoldCrypto gold pre-purchases in the interests of the GoldCrypto economy. He also manages social media and other public relations related initiatives for GoldCrypto incubator and Service Operator, Crypto Investor Inc. He is a proven marketing executive having strong IT skills and a conviction for Bitcoin, altcoins, and industry applications for blockchain, cryptocurrencies and crypto-security. Darcy is also the CEO of CryptoSecure which provides the security solution platform for GoldCrypto AuX tokens.
Ryan has over 12 years of extensive experience in the regulated financial services industry. He has led investment initiatives, spoken at numerous seminars, and mentored other professionals. Ryan particularly excels with business development and has successfully commercialized and assisted in bringing many projects to market. Ryan has excellent relationship management skills and his ability to listen, adapt and apply the issues of all stakeholders, make him a successful and vital component of key projects. At GoldCrypto Ryan leads institutional introduction and participation and co-ordinates all the GoldCrypto economy participation relationships.
Evgeny Rozhnov is the Crypto Investor Inc. Lead Technical Advisor and oversees all GoldCrypto and CryptoSecure development. Evgeny excels at managing distributed project teams optimizing costs and working with some of the best of talent across the world. He has managed and overseen numerous projects throughout Europe, and in USA, South Africa, Russia, Ukraine, Singapore, India, Malaysia, and Brazil, with a number being multi-jurisdictional developments. Significant major projects include managing the T-mobile Software Development Center of 130 developers working on large complex projects accruing over 120 man-years of development effort. He led the turnkey construction of Russia’s largest data center for linxdatacenter winning the Datacenter Dynamic award for Innovation in Mega Datacenters in 2011 joining previous winners of the prestigious award including Barclays, Microsoft and Fujitsu. Evgeny provides and manages all GoldCrypto and CryptoSecure programming for the incorporation and integration of the CryptoSecure Cryptocurrency Platform.
Larry commenced his career with Electronic Data Systems working on major contracts for companies including MCI/Worldcom, Hewlett Packard, and Bank of America. He worked with Canada Games in Nova Scotia, and then with Research in Motion throughout Canada, and in Singapore and Australia. Larry is the Founder / CTO for Quantus Technical Solutions, the CTO at preCharge, and the Co-Founder / CISO for Jentu Technologies Inc. Jentu / Quantus provide the first global network security solution incorporating 20 SANS Critical Security Controls. At GoldCrypto Larry provides consulting and advisory services working closely with management in the development of the CryptoSecure Platform products and AuX token security solutions, especially focusing on and leading integrative relationships and Platform security initiatives.
Brian Golter, BSc, is responsible for all GoldCrypto and CryptoSecure IT and management support for product development and operations. He is highly qualified and recently retired from the US Air Force where he led Software Operations for the $20 billion Joint Surveillance Target Attack Radar System (JSTARS). JSTARS provided daily software intelligence and cryptographic updates to 17 aircraft systems globally supporting over 3,200 combat flights. Brian also led eight major software updates during the second Gulf War, and in recent years, he was JSTARS Software Division Chief overseeing the JSTARS program, operations, software enhancement, testing and implementation, database management and software configuration and control.
Christopher Nichols is the President and CEO of Key Capital Corporation through which GoldCrypto physical gold is pre-purchased. Christopher provides consulting services where required, especially in relation to gold pre-purchase arrangements and operations where the Key Capital resource industry team will be responsible for monitoring production of pre-purchased gold right through to bullion delivery to GoldCrypto vaults. Additionally, Key Capital consultants support the on-going development and enhancement of the CryptoSecure Platform security technologies.
Iman Bahrani coordinates online marketing optimization through his specialized SEO skills. Iman is an entrepreneur with over 12 years of extensive SEO and market optimization experience, having led numerous campaigns for major corporates and Fortune 500 companies in the Middle East, USA, Canada, UK, and Australia.
Peter Bartleet provides relationship support for GoldCrypto. in the interests of the GoldCrypto economy. He has extensive management and organizational experience including over 15 years as Singapore/Malaysia Managing Director of international business consulting group, PA Consulting. Previously he served as an Investment Manager with Western Australia’s largest venture fund, and as Chief Executive of a listed telecommunications group. Peter has an Honors Engineering degree.
CRYPTO INVESTOR INC – SERVICE OPERATOR
GoldCrypto incubator, Crypto Investor, Inc., is a Belize corporation and governed under English Common Law, augmented by local legislation. Crypto Investor also serves as the GoldCrypto Service Operator in managing and coordinating all actions and activity required to meet the objectives of the GoldCrypto economy.
Following the AuX token ICO, the Service Operator on behalf of the GoldCrypto economy will finalize the gold pre-purchase agreements with Key Capital for the first identified gold mining operations. Gold pre-purchases will NOT EXCEED 25% of the identified recoverable gold in any specific mining operation.
The Service Operator, as well as providing for the gold pre-purchase agreements and management thereof, will also provide the additional mechanism to effectively materialize any actions required for the benefit of the predominantly autonomous AuX economy interests. In this manner, the Service Operator will act as a manager, or trustee. This provides for ready interaction wherever it may be required with Key Capital and/or any other entities, private, corporate, or governmental. Should the Service Operator at any time become incapable of providing this service or resign from any aspect of its service operation, Crypto Investor Inc will appoint an alternative party to act for GoldCrypto. Should, for any reason, any formal licensing or similar be required in any global jurisdiction in which the in which the GoldCrypto economy interest desires to operate, the Service Operator will seek such licensing and/or approvals as required for and on behalf of the GoldCrypto economy interests. The Service Operator does not and will not claim or register any kind of property, trademark or other rights pertaining to GoldCrypto for its own interest. All GoldCrypto related assets, property, intellectual property rights, trademarks, branding and other rights will remain exclusively the property of the GoldCrypto economy, regardless of if they are held in trust and/or on account for GoldCrypto by the Service Operator.
SCOTTSDALE MINT LLP – MINT
Scottsdale Mint, an ISO 9001-2008 certified US Company is globally recognized for its integrity, quality, standards and security of its bullion products. Scottsdale Mint is proposed by Key Capital as the GoldCrypto bullion mint. Additionally, to the Scottsdale Mint certification and identification of all bullion, the AuX gold will also be blockchain identified and, thus, be able to be immutably tracked and identified, (see www.scottsdalesilver.com)
GOLD BULLION VAULT STORAGE
GoldCrypto proposes to use world class bullion storage partners such as Singapore Precious Metals Exchange, and Byzantium International Ltd. Cayman Islands. (see: www.byzantium.ky and www.sgpmx.com ). Each operates high security bonded storage facilities providing the epitome of secured bullion facilities. This level of accountability is further enhanced through all holdings and/or transactions being identifiable and trackable through the GoldCrypto blockchain.
INTERACTIVE BROKERS GROUP, INC. (IB) – TRADING DESK
To the extent that the GoldCrypto economy may benefit from currency or gold hedging and/or equity positioning, or from gold futures sale or purchase, or similar transactions, then all such transactions are proposed to be conducted through an IB account. Greenwich, Connecticut headquartered Interactive Brokers (IB) conducts its broker/dealer and trading businesses in over 100 markets worldwide. The IB Group and its affiliates execute nearly 1,000,000 trades per day, have over 1,100 employees and are regulated by the SEC, FINRA, NYSE, FCA and other regulatory agencies around the world. (see: www.interactivebrokers.com).
MODULUS FINANCIAL ENGINEERING, INC. –
FUNDS MANAGEMENT PLATFORM
Should the management of any surplus GoldCrypto economy funds or other accumulated assets be deemed or required at any time to be held on account, then GoldCrypto intends to use a Modulus platform which is a market leading, industry proven, robust product, fully supported by a 200+ developer team. Scottsdale based Modulus has provided advanced technology products and services to clients since 1997, including NASDAQ Stock Market, J.P. Morgan Chase, Bank of America, Credit Suisse, Barclays Capital, Goldman Sachs, Merrill Lynch, Fidelity, TD Ameritrade, IBM, Microsoft, Yahoo, Google, Cisco, Adobe, Ford Motor Company, SAS Institute, Rutgers University, the University of Chicago, and thousands of other corporate, educational, governmental, and non-profit institutions, throughout 94 countries. (see: www.modulusfe.com).
The groundbreaking security of the CryptoSecure Platform and products is a world-first solution designed specifically to resolve the security and scalability issues of the cryptocurrency market. The Platform security is delivered through layered protocols that include access control, network security, Proof of Identity, Authority, and Stake, and further enhanced through deployment of Jentu software providing the industry’s strongest security by, ensuring that hackers have nothing to hack, and providing instant mitigation of any ransomware, viruses, trojans, botnets and other malware.
The GoldCrypto data centers and servers are to be security enhanced through Jentu Technologies Inc. Should there be any breach, Jentu provides for instant immediate mitigation of ransomware, viruses, trojans, botnets and other malware. It is secure, lightning fast and stable. Jentu software addresses all 20 SANS Critical Security Controls. This means additional airtight infrastructure security and advanced breach mitigation capabilities. Jentu offers 20x network acceleration and can provide 10,000x increased performance and reduced latency with unlimited scalability and record-breaking stability/reliability.
Quantus Technical Solutions led by Larry Cameron, our Security Specialist and Advisor has an extensive cyber security, infrastructure, IT, blockchain and hacking background. Quantus provides product security auditing, consulting, hardening, implementation, integration, support and project management services. The extensive Quantus team experience and expertise helps GoldCrypto assure best practice IT management solutions that mitigate security risk and threats.
GoldCrypto through the CryptoSecure Platform uses industry trusted and proven preCharge as its core Wallet and Card provisioner and for the security enhancement and payments processing of its Exchange being launched in Q1, 2019. Never hacked in over 10 years of operation settling multi-billion dollars in electronic transactions. PreCharge, as an industry pioneer, has used Distributed Ledgers for compliance, Proof-of-Identity and Proof-of-Authority for over a decade, as well as introducing token transactions over the same period.
Technical Development Team
The powerhouse team that ties it all together for GoldCrypto and through CryptoSecure product development and IT is provided through a contracted team of highly experienced industry professionals comprising some 40 software engineers, programmers, blockchain developers, front and backend developers and engineers. The team has extensive industry experience and expertise in all aspects of development and programing, including within the blockchain and cryptocurrency market. The team works with both GoldCrypto and CryptoSecure and their other technical specialists in the development of all security initiatives and integrations.