Business
GEMXX CORPORATION COMPLETES DEVELOPMENT AND RELEASES AMMOLITE-BACKED CRYPTOCURRENCY TOKEN TO THE PUBLIC
GEMXX CORPORATION COMPLETES DEVELOPMENT AND RELEASES AMMOLITE-BACKED CRYPTOCURRENCY TOKEN TO THE PUBLIC.
About this update from Gemxx Corp.
[{"type":"text","content":"\n LAS VEGAS, NV, Nov. 30, 2021 (GLOBE NEWSWIRE) -- GEMXX Corporation (OTC Pink: GEMZ) is pleased to announce the launch of the world’s first Ammolite Cryptocurrency Token (AMML). TODAY the company is releasing the token in limited supply with only 1,388,000 tokens available in 2021. In addition, the team has completed development and testing of the ‘GEMXX Wallet’ that will manage the sale and transactions using the token on iOS and Android platforms. The GEMXX token is available for purchase through the GEMXX wallet.  Direct links to the iOS and Android application can be found at www.Ammolitetoken.com. The token website will be the go-to knowledge base for all information concerning the GEMXX Wallet and GEMXX Ammolite token (AMML).  Wallet and currency developer, Core State Holdings, Corp. (CSHC) has also confirmed that the GEMXX Wallet applications are completed and available for download TODAY on iOS and Android devices through their respective App stores. Key features of the ‘GEMXX Wallet’ Easy to set upQuick transactionsVery secureMultiple ways to send crypto With the website and wallet complete, the company is very pleased to introduce the world’s first Ammolite-backed cryptocurrency token, the only currency to be pegged to the current GEMXX wholesale market price of Ammolite and backed by Ammolite gemstone resources.  “The launch of this Token is good for GEMXX, but it is also good for the entire Ammolite industry.  Offering Ammolite in digital form may be as significant to Ammolite as the gemstone receiving official gem status in 1981, and we are pleased to bring it to market” says Jay Maull, GEMXX President and CEO. The unique Ammolite backed cryptocurrency token has stable coin properties due to being pegged to the wholesale value of Ammolite gemstone.  Strategically positioned as a revenue diversification and awareness project for the company, the GEMXX Ammolite token will create liquidity and monetize Ammolite resource holdings, funding corporate growth and future large scale Ammolite production.  ABOUT GEMXX CORPORATION GEMXX is a public traded, mine to market gemstone and jewelry producer that owns mining resources, production facilities, and operating assets. The company controls each stage of its operations including gemstone...