Arizona Mining Collective and SNS Processing have officially launched out new token on the erc20 Ethereum network named "GOLD" to be utilized in the future of our ventures.

Tokens backed by assets, also known as asset-backed tokens, are digital tokens whose value is tied to tangible or financial real-world assets (RWAs). This process, called tokenization, transforms ownership rights of an asset into a digital format on a blockchain. The underlying assets can include real estate, precious metals, commodities, and fiat currency. 

Stay tuned for more news on "GOLD" as we start defining its contracts and assets!