Edelcoin EDLC

1. Summary

Ranks

Liquidity

-

Developer

-

Social

66

Momentum (beta)

0

Stack Rank™

-

Price

$3.62 -6.1%

Market Cap

$0.00 (#12188)

Supply

0.00 / 5.52B

Tags

Ethereum Ecosystem

More Metrics

Price
52W High price	$8.86
52W High date	1st Dec 2024 (5 months ago)
All Time High (ATH) Date	30th Nov 2024 (6 months ago)
ATH Price	$38.92
% From ATH	-89.57%
All Time Low (ATL) Date	29th Jan 2025 (4 months ago)
ATL Price	$0.01
% From ATL	36165.85%

Supply & Trading Volume
Trading Volume (24h)	$12,374.00
Total Supply	5.52B
Max Supply	5.52B

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Description

Edelcoin is a groundbreaking payment/asset token backed by the abundance of the wealth of the Earth. This unique hybrid token ushers in a new era of real-world assets on the blockchain. It is designed as a Swiss compliant digital means of payment for goods and services. With its meticulously curated basket of existing precious and base metals, Edel...

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Edelcoin is a groundbreaking payment/asset token backed by the abundance of the wealth of the Earth. This unique hybrid token ushers in a new era of real-world assets on the blockchain. It is designed as a Swiss compliant digital means of payment for goods and services. With its meticulously curated basket of existing precious and base metals, Edelcoin falls under the widely recognized category of «stablecoin».

Unlike a single asset-backed token, the diversified composition of metals supporting Edelcoin ensures reduced volatility, making it a stable and reliable store of wealth. It operates independently from inflationary fiat currencies and from monetary policies. The Edelcoin token is issued as an ERC-20 token on Ethereum blockchain on the primary market, with plans for expansion to additional EVM-compatible chains. It can be traded on both centralized and decentralized crypto exchanges (secondary market), providing users with a wide range of options.

To further enhance its stability, each Edelcoin is backed by an over-collateralization of pre-existing metals. This means that each coin possesses a surplus reserve of backing metals, totalling 125% of the actual metal reserves. The reserves undergo regular independent verification, evaluation, and disclosure, ensuring transparency and accountability.

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