Lode One: AGX Coin & LODE Coin Cryptographic Silver Money?
The introduction of blockchain technology inspires us to imagine a future where physical weights and measures of pure silver are restored to the economic world as a superior and sound money system.
It also makes us imagine of a world in which the supply is transparent an verifiable to all stakeholders at all times and in which certain rights and claims upon the supply are represented by encrypted “tokens” that are controlled uniquely and individually within a private and secure ecosystem.
Now, take a second to imagine that the blockchain system is open for everyone around the globe to join. It provides an opportunity for everyone to buy, sell, barter trade, save, or borrow a token and use it for value exchange, purchasing power, or for insuring wealth and well-being for all.
The blockchain technology is yielding innovative new business models and many experts believe that it will empower new monetary systems, and even disrupt the usurious money employed and mandated by today’s centralized institutions.
That is where LODE One comes into play—LODE is the future.
How Lode One Works
Both public and private silver mining companies are invited to commit LODE one grade silver into the LODE/AGX system in exchange for AGX coins. This happens as a means to speculate on the future physical silver bullion requirements and to improve purchasing power with the merchant network. AGX coins may flow between miners and vendors, or may serve as a form of payment for employees and contractors.
Lode One Members
Contributing members of the Lode One network may wish to maintain a relationship with silver bullion by holding one or both cryptographic assets from the LODE community. The first asset is the LODE coin, which provides a transformative opportunity for owners of investment-grade silver bullion to leverage their holdings and exchange real silver for a valuable stake in the LODE project.
For LODE coin owners, they will receive rewards as LODE Interfix system mines and monetizes more silver bullion into the present vaulted reserves, all at a margin to the retail price for investment-grade silver bullion. The rewards will be in the form of AGX Pay.
Lode One Mining AGX Coin & LODE Coin Cryptographic Silver Money
Every public and private company across the world can join the LODE network to lode one grade silver into the LODE/AGX system. They can do this in exchange for AGX coins.
Every AGX Coin represents a one-gram weight and measure of the vaulted and verifiable vaulted LODE silver held in reserve, and may be redeemed at any time, and from virtually anywhere, for physical investment-grade silver and gold bullion via affiliate LODE Bullion Dealers.
Lode One Merchants
Merchants and small business owners can activate a free wallet and easily accept AGX Coin payments from Community members seeking to purchase goods and services. Every AGX Coin transmission is verified within seconds, at minimal cost, and leaves a verifiable and immutable transaction receipt on the blockchain.
In addition, merchants can be confident that their AGX Coin holdings are 100% secured by the Lode One silver reserves, and may exchange their digital assets for investment-grade silver and gold bullion at any time, and from virtually anywhere, through affiliated Bullion Dealers.
Besides, merchants can exchange the AGX Coins for other cryptocurrencies such as Bitcoin through authorized exchange dealers. AGX Coins may provide merchants, small business owners, and entrepreneurs with confidence and security, as well as means to protect wealth and guard against depreciating fiat currency.