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Trullion-e
Trullion-e is a token backed by 100% physical gold assets. With 1 Trullion-e (Tru-e) token matched 1:1 against the market value of gold, providing a secure and fully redeemable token to use as a trading medium and store of value.
Contents
History
For thousands of years, gold has been a crucial store of wealth for people across the world, providing a safe haven asset with a price performance that is on the most part independent from stock and bonds. As with all markets, the gold market is subject to speculation and volatility, but compared to other precious metals used for investment, gold has proven to be the most effective hedge and safe haven due to its characteristics.
The emergence of technology over the past decade has contributed to the evolution of finance and investing with both blockchain technology and cryptocurrency driving the way forward for financial transactions across the world.
With both gold and cryptocurrency regarded by investors as an alternative to Fiat, it’s clear that the future of digital currency requires a combination of both blockchain technology and the stability of asset-backed cryptocurrency tokens providing users & organizations with a secure, transparent, decentralized method of processing transactions along with the stability of being backed by physical asset with a global market value, free from speculation and high volatility.
Trullion-e Description
Trullion-e (Tru-e) is the latest digital cryptocurrency pegged 1:1 to the value of gold, combining both the historical stability of gold, with the modern efficiency of digital currency. It is a token backed by 100% physical gold assets, providing a secure, stable and fully redeemable digital asset to use as a trading medium and store of wealth in today’s digital environment.
Developed by a core team of experienced precious metals traders and blockchain experts, the Trullion-e platform facilitates the purchasing, vaulting and tokenizing of physical gold into proprietary digital asset allowing for wealth transfers and investment purposes, providing high stability and long-term store of value.
As a digital currency fully backed by physical gold with 999.9 fineness, the amount of Trullion-e tokens in circulation will always match the amount of allocated gold in the vaults. Once allocated, all gold is subject to scheduled audits. As a token 100% backed by gold assets, the market value will be synchronized 1:1 with market rate of gold, updated twice daily.
All allocated gold stored in the vaults is 100% insured against losses by global insurance company, with certificates available for viewing via our website to provide full transparency and accountability to all Trullion-e holders.
Storage and management of Trullion-e (Tru-e) token can be easily accessed using Everus Wallet App, benefiting from the latest in security features plus smart contracts combined with intuitive interface via both app and desktop web browser.
Trullion-e (Tru-e) is a currency with all-time intrinsic value for wealth transfers, payment of goods and investment purposes. It has financial traits of gold providing high stability and long-term store of value, making it the ideal choice of currency for those seeking a medium of trade and store of wealth.
| Trullion-e Token Details | |
|---|---|
| Description | ERC-20 Token with extended standards (ERC621) means the total supply of Trullion-e (Tru-e) in circulation will increase & decrease based on the amount of gold allocated."
Fully backed by 100% tangible physical gold |
| Value | 100% Based on Market rates |
| Exchange Rate | 1 Trullion-e (Tru-e) = 1 gram of 999.9 Gold |
| Circulation | Variable (Based on amount of allocated gold in vault) |
| Transaction Fees | 1% Per Transaction during Purchase & Settlement |
| Settlement Options | Fiat currency, cryptocurrency or physical gold as per allocated amount in vault (Shipping charges apply and vary based on user location) |
Wallet
Storage and management of Trullion-e (Tru-e) token can be easily accessed using Everus Wallet App, benefiting from the latest in security features plus smart contracts combined with intuitive interface via both app and desktop web browser.
Transaction Fees
From as low as 1%* transaction fees covering the cost of administration, insurance and storage of physical vaulted gold.
| 1% | 2% | 3% |
|---|---|---|
| Transactions above USD$100,000 | Transaction between USD$10,000 - USD$100,000 | Transactions below USD$10,000 |
External links
- Trullion-e Website
- Trullion-e on Facebook
- Trullion-e on Instagram
- Trullion-e on Twitter
- Trullion-e on Telegram
- Trullion-e on LinkedIn
