Tiberius Token: Chance to Ride the Technology Metals Wave

The Tiberius project is among the few aiming to tokenize a real-world trend and effectively provide exposure to valuable physical assets. Importantly, each minted Tiberius token is linked to purchases of a portfolio of physical metals, so its value cannot sink to zero.

“We’ve created the most liquid digital asset ever issued, one that can never hit zero, and one you can trust,” says the Tiberius team.

Each token is backed by a ratio of technology metals as follows: 1.5 mg platinum, 3 mg gold, 1g cobalt, 6g nickel, 25g aluminum, 5g tin, and 25g copper. The project team notes:

“We handpicked these seven metals because they are the catalysts behind all the exciting new electric vehicle and battery technology, and they offer the stability you need.”

As the company points out, cashing out is not always possible even for successful coins, and prices slide easily when selling activity picks up. This would not be a problem with the Tiberius digital asset, which is backed by the liquidity and demand on metals markets.

The project has already devised the process for switching between tokens and metals. It takes place in the Tiberius wallet and is fully automated by a smart contract. Once the tokens are burned, the person gets custody of the metals. The possibility to cancel tokens may also act to create scarcity as it results in variable supply.

In case the tokens are canceled, the first year of storage is covered upfront, with a small fee owed afterward for the storage of the actual physical metals. In effect, users who decide to burn the tokens will own a portfolio of commodities.

“The less than 2% annual cost of carry of the metal is below long term inflation targets for developed economies, justifying the warehouse fees as necessary in protecting the notional value of your holdings over the long term (protection against inflation),” according to the team.

The Tiberius project is supportive of regulation in the crypto space, believing it to ensure more transparent usage of tokens and thus allow a wider audience direct entry into investments.

If you are interested in the project, visit the official website for more information or subscribe to its channels on Twitter or Telegram to receive updates.