11::11 is growing
Unveiling 11::11 Coin: The Future of Gold-Backed Digital Assets on the ALLTRA SmartChain
In the dynamic world of cryptocurrency, volatility has long been a double-edged sword. While it offers the potential for significant gains, it also presents considerable risks, making many hesitant to fully embrace digital assets as a stable store of value. What if there was a way to combine the timeless stability of gold with the innovative power of blockchain?
Enter 11::11 Coin, a groundbreaking digital asset introduced by Ozz Metals Co. Pty Ltd., poised to redefine how we perceive and interact with gold in the digital era.
What is 11::11 Coin?
At its core, 11::11 Coin is an innovative cryptocurrency meticulously backed by physical fine gold. Designed as a stable token, each 11::11 Coin is precisely equivalent to 1/1000 of a troy ounce of fine gold, with its value directly tethered to the London Spot gold price via a reliable oracle. With a total supply capped at 1,000,000 tokens, it offers a scarce and valuable digital representation of a tangible asset.
The Power Behind the Gold
The integrity of 11::11 Coin lies in its robust gold backing mechanism:
Substantial Physical Reserves: The coin is initially backed by an impressive 100,000 ounces of physical fine gold.
Strategic Forward Purchase Agreement: This backing is secured through a comprehensive 10-year forward purchase agreement with Melan Golden Assets, a reputable gold extractor. This agreement includes a significant advance of 550,000,000 AUSDT (USD-tethered cryptocurrency) from Ozz Metals, ensuring a consistent and reliable supply.
Guaranteed Delivery & Refinement: The agreement outlines initial deliveries of 10 kg of 99% purity refined gold within 150 days, processed by Precious Metals Technology (PMT) in Australia. Post-pre-production, gold deliveries are scheduled bi-monthly.
Future Expansion: Ozz Metals Co. Pty Ltd. is not stopping there. Funds are strategically allocated to acquire additional low-volume commercial gold mines, further enhancing redemption guarantees and solidifying the project's gold reserves.
Key Features That Set 11::11 Coin Apart
Redeemability: A pivotal feature, 11::11 Coin offers stated redeemability for physical gold or its cash equivalent, with redemptions slated to commence on December 25, 2025. This provides a crucial bridge between the digital and physical worlds.
Hyper-Barter Exchange Integration: 11::11 Coin serves as the gold standard foundation for Ozz Metals' pioneering "Hyper-Barter Exchange." This innovative platform empowers businesses to trade goods and services using ALLTRA coins, reducing cash expenditures, diversifying income streams, and accessing a broader market.
ALLTRA SmartChain Foundation: Built on the robust ALLTRA SmartChain (also leveraging the Ethereum Mainnet), the project benefits from a secure, transparent, and efficient blockchain infrastructure.
AUSTRAC Registration: Ozz Metals Ltd T/A Hyper-Barter Exchange and the 11::11 token are registered with AUSTRAC, underscoring a strong commitment to transparency, accountability, and adherence to Australian financial reporting requirements.
Why 11::11 Coin Matters
In a financial landscape increasingly seeking both stability and innovation, 11::11 Coin offers a compelling proposition:
Stability in Volatility: It provides a digital asset anchored by the enduring value of gold, offering a hedge against market fluctuations.
Transparency & Trust: Blockchain technology ensures immutable records and verifiable transactions, while regular proof of reserves will build confidence.
Real-World Utility: Its integration with the Hyper-Barter Exchange gives it practical application for businesses, fostering a new economic paradigm.
Accessibility: It democratizes access to gold ownership, allowing fractionalized investment without the complexities of physical storage.
The 11::11 Coin represents a forward-thinking solution for those seeking exposure to gold in a digital, blockchain-native format, offering a distinct and innovative alternative to traditional gold investment vehicles.
Join the Future of Gold
We invite you to learn more about the 11::11 Coin and become part of a community that is shaping the future of finance. Explore our whitepaper, stay tuned for updates, and discover how gold-backed digital assets can transform your financial journey.
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