Source. Crypto info.com
What is AurusGOLD?
AurusGOLD (AWG) is a 100% gold-backed token on the Ethereum blockchain that is minted by a network of esteemed traders from the traditional gold market. Each AWG token is fully collateralized by, and redeemable for 1 gram of 99.99% gold (sourced from LBMA-accredited refineries), stored in fully audited and insured vaults.
Aurus Technologies, the company behind AurusGOLD (AWG), was founded in 2018 and is replicating the traditional gold market in a digital way. Aurus offers a blockchain protocol that interacts with a semi-decentralized network of gold providers, vaults and distribution channels that work in synergy to autonomously tokenize physical bullions into AurusGOLD (AWG).