Los Angeles, CA, July 28, 2022 (GLOBE NEWSWIRE)-TiENGOLD is the first to use NFTs to offer digitization of gold mine assets in partnership with Axis Technologies Group, a wholly owned subsidiary of Inc. It will be an ESG compliance platform. (OTC Pink: AXTG). By partnering with TiENGOLD, our team has been working on the digitization of physical gold assets using NFTs. The first offering will consist of digitized gold trial orders and will facilitate real trading (including physical gold delivery if the gold NFT buyer wishes) within the next three months. .. Upon completion of this Trial Digitized Gold NFT Program, TiENGOLD will continue to issue future Gold NFTs that will offer clients the same terms (including physical delivery of gold as needed) up to a total of US $ 1 million per month. ..
TiENWORLD will benefit from project transaction fees, such as casting TIENGOLD NFTs and trading these TiENGOLD NFTs on Opensea. There are already 1,000 TIENGOLD NFTs cast in OpenSea, and 600 units of these TIENGOLD NFTs have been reserved for this trial order by the actual gold buyer, TiENGOLD LLC, and a letter of credit has been issued. .. The remaining 400 TIENGOLD NFT units have been designated to fund the logistics and preparation of gold mining sites in Arizona and to obtain the NI 43-101 report on 200 acres of designated mining claims. These mining claims shall be prepared for ESG compliant gold mining by the fourth quarter of 2022.
This project aims to create an ESG compliance blockchain ecosystem for the global distribution, storage and ownership of gold. The project will create a new environment that not only increases transparency but also reduces transaction costs in terms of high intermediary costs by linking three products: GOLD, Carbon credits and blockchain-based tokens. Useful for creating.
By procuring and adding new gold from ESG-compliant mining facilities, such NFTs will eventually compete, thanks to the underlying assets that the socially responsible investment community calls “green gold.” It will be superior to other companies’ NFTs. Digital Green Gold has many additional benefits, including streamlining legal compliance, reducing operating costs at source mines, and the opportunity to qualify for carbon offsets. Carbon offsets have the potential to add value to such NFTs by providing an unprecedented source of revenue. Available in this future digital asset class. “
Axis Technologies Group, Inc.:
Axis Technologies Group, Inc. (OTC Pink: AXTG) is a publicly traded holding company focused on promotion, development, management and marketing of various aspects of the business surrounding all aspects of decentralized finance (DeFi). Through acquisitions, strategic investments, and current holdings, AXTG seeks to support, develop and leverage a variety of fintech, blockchain, DeFi, NFT, carbon offset digitization, metaverse projects, opportunities and initiatives. .. For more information, please visit our site www.AXTG.us.
About TiENGOLD LLC:
TiEN GOLD PTE LTD is the parent company of TiENGOL DLLC. It is engaged in the tokenization of physical gold assets that meet environmental and social compliance (ESG) gold mines contained in gold deposits in the United States.
About TiENWORLD LLC:
TiENWORLD LLC, a subsidiary of Axis Technologies Group, Inc. (OTC Pink: AXTG), is a global provider of digital assets such as controversial reality (AR) and NFT media displayed in virtual reality VR. A digital asset gaming and metaverse platform. TiENWORLD Metaverse platform.
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Axis Technologies Group, Inc.
Twitter: @ AXTG2021