A payment/asset token backed by the Wealth of the Earth.
Introducing Edelcoin, a groundbreaking payment/asset token backed by the abundance of the Wealth of the Earth. This unique hybrid token ushers in a new era of real-world assets on the blockchain. It is designed as a Swiss-compliant digital means of payment for goods and services. With its meticulously curated basket of existing precious and base metals, Edelcoin falls under the widely recognized category of «stablecoin.»
Unlike a single asset-backed token, the diversified composition of metals supporting Edelcoin ensures reduced volatility, making it a stable and reliable store of wealth. It operates independently from inflationary fiat currencies and monetary policies.
The Edelcoin token is issued as an ERC-20 token on the Ethereum blockchain on the primary market, with plans for expansion to additional EVM-compatible chains. It can be traded on centralized and decentralized crypto exchanges (secondary market), providing users a wide range of options.
An over-collateralization of pre-existing metals backs each Edelcoin to enhance its stability further. This means each coin possesses a surplus of backing metals, totalling 125% of the actual metal reserves. The reserves undergo regular independent verification, evaluation, and disclosure, ensuring transparency and accountability.