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.
The LODE Community consists of silver investors and sound money advocates with a common vision to cause the creation of a Centrally Organized Distributed Entity (C.O.D.E.) that will organize, arrange, manage and provide oversight for two unique cryptographic representations of reserved and vaulted silver bullion.
Distributions of AGX Coins enable more silver bullion for the LODE reserves
LODE community members recognize that silver can serve as an affordable, veriﬁable, safe, and secure store of value, and that when “tokenized” upon blockchain architecture, may become a superior medium of exchange, one that returns to the economic system a fungible, private, resilient, and autonomous unit of account.