blog

Introducing Ozz Metals Co. And the 11::11 Fractionalized distribution of gold project.

This team has been together since 2016, Paul and I had already seen the potential of Block chain early in the 2000s.

We brainstormed the Idea that with our experience in the Business development sector of the Barter industry it would be possible to take something of value such as gold and fractionalise the ownership of it down to very small fractions and give more people the opportunity to own a piece of it.

Allowing us to lower the gold investment entry cost and provide investment in gold to a wider sector of the community again, at lower entry price.

Then by applying the law of the “Gold Standard” in a way that allows each and every 11::11 Token Buyer to support and issue their own Promissory contract against the gold they own, in the form of a Defi token Called HYBX. And as we are about to learn HYBX has some great benefits, and supports growth in Areas of Wealth, Health and Well Being. Business and Life.

What is HYBX.

The Hyper Barter Exchange is a decentralized marketplace platform where users can buy and sell goods and services using the function of HYBX token. As a cross chain token ETH and very sone ALL Network, the platform utilizes smart contract technology to enable secure, transparent and decentralized transactions and interactions between buyers and sellers.

HYBX (Hyper Barter Exchange token)

- is a cryptocurrency that can be used to buy and sell commercial and retail goods and services. The token is minted when trading members Purchase 11:11 Coin. Which is 100% backed by fine Gold meaning that the value of the token is pegged to the value of gold.

The HYBX is the special token allowing you to trade the value of the gold purchased, HYBX can be swapped or traded on selected exchanges or can be used to aid in the commercial trading of Products and services. This helps to provide stability and security for the MEE, as gold is a traditional store of value and has been used as a medium of exchange for thousands of years.

Exchanges serve as the bookkeeper for barter transactions, which is helpful to the members. Exchanges use their own trade dollars, to bank (keep) money for businesses that don't have an immediate place to spend it. For example, let's say someone wants to barter with you for your consulting services. You can bank the barter dollars you receive, but you don't have to spend them immediately. If later you find you need a website done, you can use the barter dollars you earned earlier

The Hyper Barter Exchange aims to provide a more efficient and cost-effective alternative to traditional online marketplaces and payment systems, while also enabling users to participate in the growing DeFi ecosystem.   

Share :