While cryptocurrencies began largely as experiments in the cryptography and technology space, the rise of ICO’s has attracted the attention of many companies who are seeking to utilize blockchain technology in new and novel ways. Silberpfeil is one of those taking a novel approach by introducing a new token, AMG, which is backed on a roughly one to one ratio with the company’s energy drinks. The advantage of their strategy is primarily based on their existing business as a purveyor of energy drinks throughout Austria, Switzerland, Germany, and Turkey, with expansion plans already slated for as many as 23 countries.
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Silberpfeil – Tokens Backed by Real-world Assets
