ICO PAZEUM

PAZEUM (PAZ) is defined as a digital currency backed by 999.9 fine gold that uses strong cryptography which is developed to fulfill all the functions of money in accordance as a peer-to-peer payment system. Pazeum offers an efficient and secure online method to buy, sale, hold, earn, spend, send, and redeem 99.99 fine gold coin. PAZEUM (PAZ) has secure token minting and burning procedures so that each PAZEUM (PAZ) token is fully backed by five grams of 999.9 gold which is exclusively provided by LBMA member refineries.

PAZEUM ‘s mission is to enable an investment opportunities using cryptocurrency, A global second type of money where the information is passed around as money that is redeemable for actual (five grams) of 999.9 fine gold coin.

PAZEUM (PAZ) is a breakthrough in the stablecoin space defined as a digital currency supported by 999.9 fine Gold based on a powerful cryptography system designed to perform all the functions of a good gold coin in a p2p payment system. This method works effectively as a secure online method of buying, selling, owning, receiving, spending, sending, and buying 99.99 fine gold coins Also, this mechanism allows to circulate gold through an electronic mechanism such as PCs, tablets, Smartphone, magnetic cards, and wearable devices.

The value of the PAZEUM (PAZ) is always tied to the daily spot price of gold. Consequently, the value of PAZEUM (PAZ) as expressed in terms of the national currency will fluctuate based on the change in the spot price of gold + 7%.

PAZEUM (PAZ) has secure minting and burning procedures for tokens so that each PAZEUM (PAZ) token is fully backed by five grams of 999.9 gold exclusively provided by LBMA member refineries. Only approved Provider Partners (professional gold traders of the highest integrity) are capable of initiating the PAZEUM (PAZ) Token minting process, and new tokens are only minted after the gold is audited and accepted by approved Vault Partners. When gold is withdrawn from the PAZEUM (PAZ) Token system, the appropriate numbers of PAZEUM (PAZ) are burned.

PAZEUM is simply a paradigm shift in the stablecoin space and the world of investment in gold.