VeraOne: A Token Backed by Physical Gold

Introducing VeraOne, also known as VRO, a unique token fully supported by physical gold that is securely stored. Unlike other cryptocurrencies, VeraOne provides stability and can be utilized as an arbitrage tool or a valuable store.

The Benefits of VeraOne

One of the primary advantages of VeraOne is its absolute backing by physical gold, which undergoes regular audits to ensure verification. This guarantees the token's reliability and traceability. Additionally, VeraOne serves as a currency for exchanges, allowing for the issuance or receipt of securities instantly and at a reduced cost.

Moreover, VeraOne offers a secure asset that maintains its value due to the digital nature of the token. It also presents a convenient payment method through a debit card payment system.

VeraOne: The "GOLD" Stablecoin

VeraOne: Your Ownership of Gold

Distinguishable from other stablecoins, VeraOne is secured by physical gold, ensuring that the token always retains its value. Even in scenarios of bankruptcy or the disappearance of the VeraOne structure, the gold remains the property of the token holder.

VeraOne: A Tangible Coin

VeraOne is not solely a digital token; it can also be obtained in the form of a solid gold coin. Through a partnership with the Gibraltar Ministry of the Economy, VeraOne is the singular token that can be materialized upon request. The coin proudly bears a face value of 2 Gibraltar pounds (GIP) and consists of one gram of LBMA guaranteed gold.

VeraCash: The Wallet and Payment Card

VeraCash, an established company since 2017, provides a wallet and payment card for VeraOne. These accounts exist outside the conventional banking system and are accessible to individuals and companies within the European Economic Area (EEA). By purchasing precious metals, the account is replenished, and euros are converted into VeraCash Units (VRC).

VeraOne: Use Cases

Exchange Currency: VeraOne permits instantaneous and cost-effective transfers of value, making it an optimal solution for individuals and businesses operating in regions with limited currency convertibility or significant volatility.

Hedging: VeraOne functions as a stablecoin that aids in hedging positions and mitigating market volatility.

Storage Costs and Cashback

To maintain the integrity of the gold storage facilities and cover associated management expenses, VeraOne portfolios are subject to fees. These fees ensure that the gold is managed appropriately and that the platform remains operational. However, the custodial costs are flexible to accommodate various use cases of the VeraOne solution.