Real-Life Example of a Gold-Token Property Transaction
Example: Buying a luxury villa in Monaco with Gold-Tokens (XAUT)
A luxury villa in Monaco is listed exclusively with Gold-Token (XAUT) payment options. The seller is a forward-thinking property owner interested in attracting investors who prefer asset-backed digital currencies.
The buyer, an experienced crypto investor from Germany, agrees to pay the 5,000,000 EUR price fully in Tether Gold (XAUT). They agree on the current XAUT-to-EUR exchange rate at the time of the deal, referencing live market prices.
To ensure security, the parties use a trusted third-party escrow service specialized in handling gold-backed token transactions. The buyer transfers the agreed amount of XAUT tokens from their Ethereum wallet to the escrow wallet. After confirming the token transfer on the blockchain, the escrow releases the tokens to the seller.
Simultaneously, the property ownership is transferred through Monaco’s notarial system, with all legal documents digitally signed and stored. This method combines the stability of gold with blockchain transparency, streamlining the international real estate transaction while avoiding traditional banking delays and currency conversions.
A luxury villa in Monaco is listed exclusively with Gold-Token (XAUT) payment options. The seller is a forward-thinking property owner interested in attracting investors who prefer asset-backed digital currencies.
The buyer, an experienced crypto investor from Germany, agrees to pay the 5,000,000 EUR price fully in Tether Gold (XAUT). They agree on the current XAUT-to-EUR exchange rate at the time of the deal, referencing live market prices.
To ensure security, the parties use a trusted third-party escrow service specialized in handling gold-backed token transactions. The buyer transfers the agreed amount of XAUT tokens from their Ethereum wallet to the escrow wallet. After confirming the token transfer on the blockchain, the escrow releases the tokens to the seller.
Simultaneously, the property ownership is transferred through Monaco’s notarial system, with all legal documents digitally signed and stored. This method combines the stability of gold with blockchain transparency, streamlining the international real estate transaction while avoiding traditional banking delays and currency conversions.
