PAX Gold PAXG to ChatCoin CHAT Exchange

Crypto Pair Details: PAXG to CHAT

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.

ChatCoin CHAT

OpenChat is an open source organization founded by Google former employees. The main definition of blockchain based chat protocol Bimp. In the traditional XMPP protocol adds a digital asset can be transmitted in each IM function. BeeChat will give its full support to all OpenChat projects. BeeChat is a decentralized application that runs under the protocol framework provided by OpenChat. BeeChat uses financial incentives to bring other digital services and applications into the decentralized OpenChat ecosystem in the form of communications & wallets. The OpenChat Reward Engine will provide ChatCoin as a natural incentive for digital service providers. In addition to ensuring common ethics and legitimacy of content and transactions, the ecosystem does not impose any unnecessary restrictions or charges on monetization strategies, which in turn encourages new partners to join the initiative. BeeChat now has hundreds of millions of users around the world, and BeeChat is committed to providing full support for the development of OpenChat, and OpenChat will continue to conduct a full range of decentralized research using BeeChat's support.

SOURCE: COINGECKO

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