The emergence of blockchain technology inspires us to imagine a future where physical weights and measures of pure silver are restored to the global economic system as a superior and sound form of money.
This transformation requires a supply of silver that is transparent and verifiable to all stakeholders at all times, and that certain rights and claims upon the silver are represented by encrypted “tokens” that are controlled uniquely and individually upon a public and secure distributed ledger.
Now imagine that anyone can join the LODE Community from anywhere on earth and buy, sell, or exchange for a token and enable it for value exchange, or hold it for insuring future wealth and well being.
Simply put, LODE is The Future of Money.
The “mother-lode” is a principal vein or zone of veins of gold or silver ore. The term is also used colloquially to refer to the origin of something valuable or in great abundance.
LODE Coin provides a revolutionary opportunity for owners of investment-grade silver bullion to leverage their holdings and exchange real silver for a valuable stake in the LODE Monetary System.
LODE Coin owners will receive rewards as the system mines and then monetizes more and more silver bullion into the existing silver reserves, all at a margin to the retail price for investment-grade silver bullion.
Rewards are known as AGX Pay and will flow to LODE stakeholders in the form of AGX Coins, if and when, the marginal silver exceeds the number of grams required to secure each and every AGX Coin in circulation.
AGX Coins may be used to transact for value when loaded on to a debit card enabled digital wallet and then spent at affiliated participating merchants worldwide. AGX Coins are digital assets and, as such, may be traded or exchanged on authorized affiliate crypto-exchanges for value.
Over time, the LODE Coin exchange rate will increase and it will require more silver to acquire a LODE Coin if available to issue. The LODE Monetary System utilizes a “scarcity-rule”, and a “discipline-by-ratio” model for the LODE Coin creation events.
Public and private silver mining companies are invited to load doré grade silver into the LODE/AGX System in exchange for AGX Coins as well as a means to speculate on future physical Silver bullion requirements and/or to enhance purchasing-power with the Merchant Network. AGX Coins may flow between miners and vendors, or may be utilized as a form of payment for employees and contractors.
Every AGX Coin represents a one (1) gram weight and measure of the vaulted and verifiable 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.
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.
Additionally, merchants can be confident that their AGX Coin holdings are 100% secured by the LODE silver reserves, and may exchange their digital assets for investment-grade silver and gold bullion at any time, and from virtually anywhere, via affiliated Bullion Dealers.
AGX Coins also may be exchanged for other crypto assets 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.
Industrial users of silver may also wish to maintain a LODE Coin relationship and buy, exchange, or earn AGX Coins to secure future supplies of industrial silver, or to lock-in a future claim upon investment-grade silver bullion.
Modern-day industrial uses for silver range from electrical switches and solar panels to chemical-producing catalysts - silver is an essential component in many industries. Its unique properties make it nearly impossible to substitute and its uses span a wide range of applications. Almost every computer, mobile phone, automobile (gas and electric) and appliance contains silver. It is the perfect substance for coating electrical contacts – like those in printed circuit boards – because of its high electrical conductivity and durability.
Every AGX Coin in circulation represents a one (1) gram weight and measure of the vaulted and verifiable LODE silver bullion held in reserve, providing the holders with a valuable utility for commerce within the affiliate Merchant Network.
AGX Coins may be redeemed for physical, investment-grade silver and/or gold bullion products at any time, and from virtually anywhere via affiliate LODE Bullion Dealers or at LODE.One.
The AGX Coin exchange-rate will be posted in real-time, and in multiple fiat and other popular cryptocurrencies, to provide a baseline for users and merchants who choose to settle commerce with their AGX Coins.
Transmissions between users and merchants are confirmed within seconds, at minimal cost, and with all parties assured of a verifiable and immutable transaction receipt on the blockchain. AGX Coins are Cryptographic. Silver. Money.