Overview
Project Existence
Africa/Johannesburg
English
The KrugerRand Silver 2020 Project is a pioneering initiative that combines physical precious metals with cutting-edge blockchain technology. The project was created to provide secure, verifiable, and divisible ownership of Krugerrand Silver coins through digital tokens.
At its core, the project holds 10 authentic Krugerrand Silver coins. These coins serve as the underlying collateral for the KrugerRand Silver 2020 Tokens (XAG), which are minted on the Polygon blockchain. A total of 100,000 tokens were issued, with 10,000 tokens representing each silver coin, allowing fractional ownership and digital liquidity.
At its core, the project holds 10 authentic Krugerrand Silver coins. These coins serve as the underlying collateral for the KrugerRand Silver 2020 Tokens (XAG), which are minted on the Polygon blockchain. A total of 100,000 tokens were issued, with 10,000 tokens representing each silver coin, allowing fractional ownership and digital liquidity.
Project Existence
Why This Project Exists
Investing in physical silver traditionally requires storage, insurance, and logistics. The KrugerRand Silver 2020 Project solves these challenges by:- Tokenizing real silver assets for easy digital ownership.
- Providing transparent, verifiable collateralization for every token.
- Enabling participation in secondary markets where tokens can be bought, sold, or traded.
- Offering a bridge between tangible wealth and modern decentralized finance.
Long-Term Vision
The KrugerRand Silver 2020 Project aims to:- Make precious metal investments accessible to everyone.
- Introduce a secure, blockchain-based system for tracking ownership and trading.
- Build a trusted ecosystem of tokenized tangible assets that can expand to other metals or collectibles in the future.
- Empower investors to hold real-world value digitally, without compromising security or transparency.
Key Advantages
Vision- Polygon Blockchain — Low fees, fast transactions, and eco-friendly.
- Fractional Ownership — Anyone can own a portion of real silver.
- Asset-Backed Security — Tokens are fully backed by physical coins.
- Liquidity — Tradable in secondary markets without requiring physical delivery.
- Transparency — Complete traceability of token supply and backing assets.
Token Details
Token Name: KrugerRand Silver 2020
Symbol: XAG
Type: Asset-Backed (Secondary Market Token)
Blockchain: Polygon
Backing Asset: 2020 Krugerrand Silver Coins
Utility: Fractional Ownership & Liquidity