Paxos have been organizing a PAXG give away content, which they further extended until June 12, 2020, EDT. Participants are to extend the share their “PAXG Fact” for a chance to win $1000 in Gold. Those who are on Twitter will be able to participate by tweeting an accurate fact about PAXG.
The users were asked to create content in areas like What is PAXG, why trust PAXG, Where they can get PAXG, and about how they can use PAXG. The users were to follow the rules listed for participation, like making the content factually correct; it should include why PAXGold and PaxosGlobal. More importantly, the tweet should not consist of the names of other digital coins.
Sydney Ifergan tweet 1: “What is PAXG: PAXGold from PaxosGlobal is a regulated digital asset first of its kind which represents premium gold.”
Sydney Ifergan tweet 2: “Why Trust PAXG: 1 PAXG = 1 fine troy oz of gold.”
Sydney Ifergan tweet 3: “Where can they get PAXG: From where they sell it.”
Sydney Ifergan tweet 4: “How can they use PAXG: Investors will be able to trade simultaneously, divide, move and leverage the allocated physical Gold.”
Sydney Ifergan tweet 5: “Just trying to tweet! I am not a serious participant, and I don’t have a Paxos account. However, Paxos tweeted that PAX is now available on Bitstamp with no trading fees till September!”
While the prize is good, for all the hard work and time spent in tweeting, it is bad that they choose randomly than focusing on the quality. Probably, they are trying to create some organic SEO for their major keywords.
PAXG Tied to Real Gold
The good thing is thatPAXG work with premium partners for “London Good Delivery Gold” sources and stores (which are LBMA certified). Where one token represents one troy ounce London Good Delivery gold bar, and the value is tied to the real-time real-time market value of physical gold.
Some investors are already happy; they comment, stating, “I asked last week, and you guys have delivered.”
Paxos are becoming creative in their mission to modernize finance by mobilizing their assets at the speed of the internet. They are committed to transparency. They are innovating to build open and decentralized financial systems.
Charles Cascarilla, CEO of PAXG, have stated that they proudly have stated that their product managers are the conductors for the orchestra.
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