Gold Cryptocurrency Coin
During the past year, the world’s UHNW (ultra high net worth) population reached an all-time high of 199,235 individuals and a combined wealth of US$27.8 trillion and these investors understand a gold backed cryptocurrency coin.
Growth was largely due to North America and Europe, with the two regions responsible for a net gain of nearly 10,000 UHNW individuals and a total increase in wealth of US$1.5 trillion. An economic slowdown in the emerging markets has led to declines of UHNW population and wealth in China and Brazil, the fourth and seventh wealthiest UHNW nations in the world respectively. ICON has identified 2,170 billionaires globally, with a total net worth of US$6.5 trillion, equal to 23 percent of the world’s UHNW total wealth. While the United States currently leads, Asia is expected to have a larger population by the year 2032, and to have a greater total UHNW wealth in 2024.
The current themes in UHNW and Family Office wealth management include, a significant distrust of incumbent large institutional offerings and a renewed focus on offshore investing strategies. Traditional jurisdictions like Switzerland, Lichtenstein, Luxembourg and many British colonies are suffering from shifting regulatory environments and headline fatigue and as a result, there is an exodus of UHNW assets to receptive jurisdictions like Singapore and Panama, both of whom are the recipients of massive inflows. Given the assumption that AUREALS™ are initially targeting 0.000005% of UHNW with secure and discreet asset transfer and a store of value, this would suggest that UHNW and Family Offices would represent an initial issuance of $140 million worth of AUREALS™.
ICON (ICON: G4 – GXG Markets London) is a financial software company led by a management team with international finance, risk management, digital cryptography, governance and gold trading experience. In addition to a fully regulated listing in Europe, the Company has a near term goal of passporting its common shares to the OTC in New York via a 12g3-2(b) exemption.
ICON is launching AUREALS™ as a decentralized, digital method of exchanging value. Each AUREAL™ is denominated as a 1 gram weight and measure of physical gold, creating the most trusted exchange of value utilizing the most trusted store of value for 6000 years.
AUREALS™ represent an historic breakthrough in applied mathematics and cryptography. They are sophisticated, proprietary DIGITAL BEARER BONDS™ built on the open source, ledger book protocols called the block chain that have been battle tested for 6 years.
Creators and custodians of significant wealth can seamlessly transfer value into AUREALS™, which can be securely and discreetly transferred anywhere in the world, in seconds. The AUREALS™ denominated as a 1 gram weight and measure of gold, can be held as a store of value or exchanged for any other asset of value including currencies or allocated physical gold, which is stored in non-bank vaults in free zones around the world including, but not limited to, Hong Kong, Shanghai, Singapore and Switzerland.
Learn more about ICON by clicking here.
Cryptocurrency Coin Image credit unknown