Edelcoin is an innovative payment and asset token that leverages the abundant resources of the Earth's wealth. This distinctive hybrid token marks the beginning of a new era for real-world assets on the blockchain, functioning as a Swiss-compliant digital payment method for goods and services. Edelcoin is categorized as a “stablecoin” due to its carefully selected basket of precious and base metals.
Unlike traditional single asset-backed tokens, Edelcoin's diversified metal composition minimizes volatility, providing a stable and dependable store of wealth. It is designed to operate independently of inflationary fiat currencies and monetary policies. The Edelcoin token is issued as an ERC-20 token on the Ethereum blockchain, with plans to expand to additional EVM-compatible chains. It is available for trading on both centralized and decentralized crypto exchanges.
To further bolster its stability, each Edelcoin is over-collateralized with existing metals, ensuring that each token has a backing reserve totaling 125% of the actual metal reserves. These reserves are subject to regular independent verification and evaluation, guaranteeing transparency and accountability.
