AURING

Would you rather buy Gold?
Or buy the gold that keeps producing more Gold?

A gold market-backed, fully collateralized cryptocurrency, AURING, will be launched by a Dubai investment firm with a proven track record in gold trading.

Phoenix Asset Investment LLC (based in Dubai, hereinafter “PAI”), a firm specializing in providing comprehensive financial services to gold mining, refining, and trading businesses across Africa and the Middle East, has overseen the establishment of Auring Ltd., a BVI-registered entity. Auring Ltd. is set to launch a gold-backed stablecoin, AURING, and prior to this launch, will offer a limited sale of its mother token, AURING+, which will continuously generate AURING.

ABOUT AURING / AURING+

Riding the upward trend of Gold’s relative value: AURING is a fully collateralized stablecoin, exchangeable for USDT at the prevailing Gold market rate.

Throughout history, gold has been the ultimate safeguard for wealth preservation. In today’s volatile world—where traditional financial instruments like stocks and currencies are subject to the unpredictable influences of global events, including conflicts and pandemics—diversifying into gold, which remains resilient, is increasingly recognized as a cornerstone of a robust asset portfolio. Consequently, the demand for gold and its price trajectory continues on an upward trend.


AURING, a next-generation cryptocurrency, offers the same asset value as gold while eliminating gold’s inherent inconveniences, such as physical storage, cross-border transport, and conversion, thereby providing enhanced convenience in exchange and storage.

Although gold is absolute in terms of value, it has significant drawbacks, including the security costs associated with storage, taxes and restrictions on cross-border transport, and the difficulty of converting it outside of specific exchanges.


AURING is a token pegged to the mass of gold, ensuring it is correlated with the gold market and retains the same value as physical gold, while overcoming the drawbacks of conversion, transport, and storage, making it a stable token with both asset value and convenience.


AURING+, the mother token that continuously generates AURING, will be available for a limited time until October 10th.

In advance of the AURING launch, we are offering a limited-time sale of the mother token, AURING+. This token can be exchanged for AURING at any time from 2025 onward and generates AURING dividends simply by being held. The sale will run from August 2024 until October 10, 2024, at a price of 100 USDT per 1 AURING+.

Starting from the end of April 2025, AURING+ can be exchanged for AURING. AURING can be traded for USDT at the prevailing gold market rate on DEX, ensuring parity with the value of 1 gram of gold.

Funds raised from the sale of AURING+ will be managed by PAI, which invests in gold refinery operations in Dubai. Returns generated from both the rising gold prices and the profits from these gold refinery operations will be distributed to AURING+ holders in the form of AURING.


AURING will be regularly airdropped to AURING+ holders’ wallets starting December 31, 2024.

In addition to the capital gains from the rising gold price, holders can expect long-term income gains through the regular airdrops of AURING, making this a highly advantageous token for long-term stable holding.


About the Issuer

AURING and AURING+ are issued by Auring Ltd., a BVI entity supervised by Phoenix Asset Investment LLC (PAI).
(PAI is a Dubai-based Sheikh family fund primarily investing in proven gold refining and trading operations.)
(Gold refinery operations involve purchasing raw 18-22 karat gold (gold nuggets), refining it to 24-karat bars, and selling it on the Dubai Gold Exchange, generating stable profits.)

Auring Ltd. will regularly disclose the gold reserve status, objectively verified, backing AURING, ensuring the security and guaranteed value of the token. These asset-backed assurances will support the stable appreciation of the token’s future value.

Phoenix Asset Investment LLC. WEBSITE

Details

Issuer: Auring Ltd.
Managed and Supervised by: Phoenix Asset Investment LLC
Sale Period: From August 2024, until 10th November 2024
AURING+ Distribution: End of November 2024
AURING airdrop to AURING+ holders: Begins end of January 2025, every 1months
AURING+ to AURING exchange period: From June 2025
Initial Sale Price: 100 USDT per 1 AURING+
Minimum Purchase: 100 AURING+
Exchange Guarantee Rate: USDT equivalent to 1 gram of gold = 1 AURING
AURING+ to USDT exchange starts: End of April 2025
Exchange: DEX Markets
lockchain: Ethereum

Auring Ltd.

Rodus Building, P.O. Box 3093, Road Town,
Tortola, VG1110, British Virgin Islands.
+12844426412