Content Neutrality Network CNN to PAX Gold PAXG Exchange

Crypto Pair Details: CNN to PAXG

Content Neutrality Network CNN

Content Neutrality Network (CNN) Platform introduces several mechanisms/protocols related to content creation, distribution, circulation and revenue share. CNN Platform combines personalized recommendation with the community votes to distribute the most relevant content to each user. CCM (Content Circulation Mechanism) is designed to stimulate seamless circulation of content among different communities. CNN is an integral and indispensable part of the CNN Platform, because in the absence of CNN, there would be no common unit of exchange to pay for these costs or provide the incentive for certain desirable behavior, thus rendering the ecosystem on the CNN Platform unsustainable.

PAX Gold PAXG

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. At any time, PAXG holders can lookup the serial number, value and physical characteristics of their vaulted gold just by entering their Ethereum wallet address on the PAXG lookup tool on Paxos.com/paxgold.

SOURCE: COINGECKO

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