Market Cap
24h Vol
3065
Cryptocurrencies
20913
Markets
Description

Description


PAX Gold (PAXG) is an asset-backed token where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company. Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold.

PAXG gives customers the benefits of actual physical ownership of specific gold bars with the speed and mobility of a digital asset. Customers are able to have fractional ownership of physical bars. On the Paxos platform, customers can convert their tokens to allocated gold, unallocated gold, or fiat currency (and vice versa) quickly and efficiently, reducing their exposure to settlement risk. PAXG is also available for trading on Paxos’ itBit exchange. PAXG will also be available on other crypto-asset exchanges, wallets, lending platforms and elsewhere within the crypto ecosystem.

Full Name PAX Gold (PAXG)
Start Date N/A
Algorithm ETH Token
Proof Type N/A
Website https://www.paxos.com/paxgold/
Twitter @PaxosGlobal
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


ICO Status Upcoming
Token Supply 2800000000
Start Date 2019-07-22
End Date 2019-09-30
Fund Raised (BTC) N/A
Fund Raised (USD) N/A
Start Price (USD) N/A
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction N/A
Legal Advisers N/A
Blog https://medium.com/paxos
White Paper https://ezys-cdn.s3.us-east-2.amazonaws.com/images/pdfPaper/WhitePaperEzyStayz16july.pdf