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About TXAG

Eacht SILVER token represents full ownership and can be redeemed for 1 gram of 99.9% silver, sourced from LBMA-accredited refineries.Aurus is a UK foundation that provides the software, network and crypto infrastructure for global precious metals businesses to merge with the future of finance, in the form of DeFi and Web3 applications - giving them high-tech products, a huge addressable market and passive rewards.The Aurus ecosystem is a highly scalable network made up of precious metals providers, vaults and distribution partners that interact with the Aurus blockchain infrastructure, and work in synergy to mint and distribute precious metals-backed tokens to the broader market.The protocol reward-sharing mechanism allows the Aurus ecosystem to be completely self-sustaining. Ecosystem participants are incentivized to tokenize their precious metals by earning a proportional share of the rewards generated from the usage of tGOLD, tSILVER and tPLATINUM tokens. Bullion providers receive 50% of the rewards generated from tGOLD and 70% from tSILVER and tPLATINUM. The other rewards are equally distributed to the stakers of the ecosystem token, AurusX.The ecosystem's foundations were designed to align the interests of its participants, encouraging the production, distribution and adoption of the precious metals tokens. It is non-exclusive and equally fair to every participant, enabling the entire precious metals market to join and benefit from it.

tSILVER (TXAG) is a cryptocurrency launched in 2021. TXAG has a current supply of 2.10M with 0 in circulation. The last known price of TXAG is 0.754914666297 USD and is -0.053619295016 over the last 24 hours. It is currently trading on active market(s) with $553.27 traded over the last 24 hours. More information can be found at https://aurus.io/.

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TXAG Price Statistics
TXAG’s Price Today
24h Price Change
-$0.0536192950166.63%
24h Volume
$553.2717.49%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#6654
TXAG Market Cap
Market Cap
$0
Fully Diluted Market Cap
$1.58M
TXAG Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
TXAG Supply
Circulating Supply
0
Total Supply
2.10M
Max Supply
0
Updated Oct 09, 2024 5:47 am
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TXAG
tSILVER
$0.754914666297
$0.053619295016(-6.63%)
Mkt Cap $0
There's nothing here for now
Decentralized Science Movement Aims To Reform Peer Review System
Decentralized Science Movement Aims To Reform Peer Review System
According to Cointelegraph, the decentralized science (DeSci) movement is gaining traction among those who believe that the current scientific publishing system is overly centralized and lacks proper incentivization. One prominent supporter of this movement is Charles Hoskinson, co-founder of Cardano. Hoskinson has been vocal about his criticisms of traditional scientific publishing, describing it as 'terribly broken.' He argues that blockchain-based DeSci can address these issues, particularly in the peer review process. Peer review is a critical component of scientific research, where qualified scientists evaluate the work of their peers to ensure its accuracy. Ideally, this process helps to identify and correct mistakes, miscalculations, or errors. However, critics argue that the peer review system is often flawed and can be easily manipulated. Concerns have been raised about who qualifies as a 'peer' and whether the review process is sufficiently fair and diverse to represent the full spectrum of scientific research. One proposed solution to these issues is the publication of research as 'pre-prints.' This allows scientists to share their work with the public without undergoing the costly and sometimes biased peer review process. However, this approach has its drawbacks, as the claims made in pre-prints may go unverified. The DeSci movement seeks to address these challenges by creating a system that incentivizes the participation of qualified reviewers. Unlike traditional for-profit scientific journals, which centralize assets and control, DeSci relies on a decentralized autonomous organization (DAO) to manage the group's protocols and funds. Proponents of DeSci argue that this model eliminates the need for monolithic journals by creating an economy where both research and peer review are valued and incentivized. By leveraging blockchain technology, DeSci aims to create a more transparent, fair, and efficient system for scientific publishing. This could potentially revolutionize the way scientific research is conducted and shared, ensuring that valuable contributions are recognized and rewarded appropriately.
Oct 09, 2024 5:03 am

Frequently Asked Questions

  • What Is tSILVER (tXAG)?

    tSILVER (tXAG) is a silver-backed stablecoin on the Ethereum blockchain that is minted by a network of esteemed traders from the traditional precious metals market. Each tSILVER token is 1:1 collateralized by, and redeemable for 1 gram of 99.99% LBMA-accredited silver, stored in fully audited and insured vaults. 30% of the transaction fees generated by tSILVER are distributed to the holders of AurusX (AX).

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  • What are the benefits of tSILVER?

    tSILVER is a highly portable, transferable, and liquid digital asset. It has the advantages of physically allocated silver, but does not have the drawbacks of limited transportability or high storage costs usually associated with it. Instead, it has the divisibility, fungibility, and tradability of any digital asset like Bitcoin.

    Free of recurring storage or management fees, tSILVER offers investors of any size a convenient and cost-effective alternative to traditional silver products, with the additional benefits of real-time 24/7 trading, cryptographically secure instant settlements, and fewer intermediaries.

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  • What makes tSILVER Unique?

    tSILVER was created with sustainability in mind. tSILVER tokens are independently minted by a global network of established precious metals refineries, vaults and traders that participate in the Aurus Ecosystem. Aurus’ decentralized approach to tokenization ensures that the company can never “touch” or influence the silver traded or vaulted, meaning investors are not subject to a single point of failure.

    Aurus embraces the decentralized nature of blockchain: DeFi. Holders can (soon) earn a yield on their silver (tSILVER) holdings by providing liquidity to decentralized exchanges (DEX) trading pools. This, for the first time, positions silver as a productive, yield-bearing asset.

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  • Where Can You Buy tSILVER?

    tSILVER can be bought from various Aurus partnered exchanges and precious metals dealers, with multiple fiat and crypto trading pairs available. Visit the Aurus Marketplace.

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  • What Is Aurus?

    Aurus the company behind tSILVER (tXAG), was founded in 2018 and provides the software, network and blockchain infrastructure for global precious metals businesses and financial institutions to merge with the future of finance, in the form of DeFi and Web3 applications. The Aurus platform empowers a global network of precious metals providers, vaults and dealers to autonomously tokenize physical gold, silver, and platinum bullions into tGOLD, tSILVER and tPLATINUM.

    Aurus is setting out to create a more inclusive and efficient precious metals market - democratizing access to gold, silver, and platinum for retail and institutional investors alike.

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  • What is the all-time high price of tSILVER (TXAG)?

    The all-time high of TXAG was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of tSILVER (TXAG) is 0. The current price of TXAG is down 0% from its all-time high.

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  • How much tSILVER (TXAG) is there in circulation?

    As of , there is currently 0 TXAG in circulation. TXAG has a maximum supply of 0.

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  • What is the market cap of tSILVER (TXAG)?

    The current market cap of TXAG is 0. It is calculated by multiplying the current supply of TXAG by its real-time market price of 0.754914666297.

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  • What is the all-time low price of tSILVER (TXAG)?

    The all-time low of TXAG was 0 , from which the coin is now up 0%. The all-time low price of tSILVER (TXAG) is 0. The current price of TXAG is up 0% from its all-time low.

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  • Is tSILVER (TXAG) a good investment?

    tSILVER (TXAG) has a market capitalization of $0 and is ranked #6654 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze tSILVER (TXAG) price trends and patterns to find the best time to purchase TXAG.

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