World’s First Ammolite Backed Crypto Token Released by GEMXX Corp. November 30, 2021 November 30, 2021 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsNovember 30, 2021 by Kelly Cromley

World’s First Ammolite Backed Crypto Token Released by GEMXX Corp.

GEMXX Corporation (OTC Pink: GEMZ) announced the global launch of the Ammolite Cryptocurrency Token (AMML). The business launched a limited-edition token with a total quantity of 1,388,000 tokens in 2021. The GEMXX token may be purchased using the GEMXX wallet.

GEMXX is a publicly listed, mine-to-market gemstone and jewellery company with mineral resources, manufacturing facilities, and operational assets. The corporation is involved in every step of its activities, from gemstone extraction through jewellery manufacture and worldwide distribution.

The executive team is comprised of industry leaders with a combined expertise of 160 years in the Ammolite gemstone and jewelry sector. The team’s knowledge spans all facets of the Ammolite business, guaranteeing complete control over product development, quality control, and profitability. GEMXX produces more finished ammolite of superior quality than any other ammolite company.

Core State Holdings, Corp. is a Canadian software development firm specializing in the blockchain and cryptocurrency space. The business established and developed the cryptocurrency wallet PTPWallet, which is regarded to be one of the most sophisticated wallets accessible in the crypto field today after significant study. Since January 2019, over 2,081,100 accounts have been established on the PTPWallet platform, with over 43,223,700 transactions done. Core State Holdings, Corp. (CSHC), a wallet and currency creator, has also announced that the GEMXX Wallet apps are now complete and ready for download on iOS and Android devices through their respective App stores.

The ‘GEMXX Wallet’s’ key characteristics

  • Simple to install
  • Swift transactions
  • Extremely secure
  • Numerous ways of sending crypto token

The business is very delighted to announce the launch of the world’s first Ammolite-backed cryptocurrency token, the only currency tied to the current GEMXX wholesale market price of Ammolite and backed by Ammolite gemstone resources.

“While the introduction of this Token benefits GEMXX, it also benefits the broader Ammolite business. Offering Ammolite in digital form may be as crucial to the gemstone as it acquiring formal gem designation in 1981, and we are delighted to bring it to market,” says Jay Maull, President and CEO of GEMXX.

Due to the fact that the Ammolite-backed cryptocurrency token is connected to the wholesale price of Ammolite, it exhibits stable coin characteristics. The GEMXX Ammolite token is perfectly positioned as a revenue diversification and brand awareness initiative for the firm. It will provide liquidity and commercialize the company’s Ammolite resource holdings, hence supporting corporate expansion and potential large-scale Ammolite production.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.