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About CryptoAUREX

CryptoAUREX describes itself as a system in which each unit, labeled AUREX, represents one gram of fine gold purchased and held in custody, with each backing purchase recorded on a public chain. The project's stated purpose is to provide a gold-backed digital asset whose movements are permanently registered and independently verifiable, rather than relying on algorithmic promises or other cryptocurrencies. According to the website, the currency already circulates within a platform called Zapizapi, where it can be obtained by scanning fiscal receipts and transferred in fractions. The site states that AUREX is intended to be an internationally regulated cryptocurrency backed by gold, to be commercialized by registered brokers and agents, with transactions occurring via Bitcoin. The page also presents a white paper, manifesto, simulator, and a mailing list for project updates.