Ardorgate and the new AEUR token

The Ardor ecosystem makes one step further to the implementation of the blockchain technology for small and medium companies. Jelurida has partnered with Ardorgate to deliver an Ardor based Euro pegged child chain token named AEUR.

The new AEUR token provides a quick and simple entry point into the crypto world using Euro. Each AEUR token will always equal precisely €1, and this is guaranteed and backed by Ardorgate, which has partnered with MISTERTANGO bank as the payment processor.

Using AEUR token users can trade assets on the Ardor platform and easily exchange AEUR into ARDR or a Child Chain token.

“I decided to start this project because I see huge potential in eliminating additional steps for people trying to exchange crypto to fiat, selling items for crypto, or doing an ICO, etc. Thanks to Ardorgate, many use cases will become available making them faster and easier.” — says Martynas Bacevicius (@martis), one of the loyal members of the Ardor and Nxt community, Blockchain Engineer and Founder of Ardorgate.

This new Ardor child chain token, AEUR, is directly pegged to the Euro, and provides a quick and simple way for users to purchase cryptocurrency in the Ardor ecosystem.

The new AEUR tokens can be used to trade any of the assets existing on the Ardor platform and can be exchanged for ARDR or any other Child Chain tokens. This provides a quick and simple entry point into the Ardor and cryptocurrency world using Euro. As each AEUR token will always equal exactly €1, this token will have inherent stability guaranteed and backed by Ardorgate and their strategic partner, Mistertango Bank, with the bank serving as the payment processor.

The AEUR child chain represents an important use case and a milestone in the growth of the Ardor platform. It enables easy conversion of Fiat to Crypto, allows buying and selling of items with prices denominated in Euro, trading of Blockchain assets, and paying dividends in Euro. It also makes participation in ICOs with prices based on Euro more accessible for all users.

Learn more about AEUR, and learn how to purchase it using your Mistertango Bank Account this tutorial.

“As a businessman who has been dealing with Crypto for a long time, I fully understand the challenges new users are faced with when trying to enter the Crypto world. The AEUR token provides a simple and affordable solution for them, and a robust tool for businesses to transfer funds quickly between their real-world projects and the Ardor platform. This is a one of a kind solution, which opens the door for many future enhancements.”
— Martynas Bacevicius, Founder of Ardorgate.
“The entry point into Crypto has always been a problem for our European customers. Using the AEUR Ardor Child Chain, we now have a simple solution to convert between the Euro and our tokens. We are excited to work with Ardorgate to deliver the best user experience in the blockchain industry.”
—Lior Yaffe, Co-founder and Managing Director at Jelurida.

About Ardorgate

Ardorgate is a gate between the Euro and the Ardor Ecosystem. Ardorgate is one of the first Ardor Child Chains, and its token AEUR is directly pegged to the Euro. It provides a quick and simple way for users to purchase cryptocurrency using a Mistertango Bank account.

About Jelurida

Jelurida is a Blockchain software company that enables enterprises to develop Blockchain applications using the Nxt and Ardor technologies. Using Jelurida’s Nxt and Ardor Blockchain platforms, companies can quickly and easily join the Blockchain revolution and develop decentralized applications enabling third parties to cooperate without the need to trust each other. Jelurida offers the Proof-of-Stake consensus and Parent/Child solutions built on top of four years of software development, IT experience, and technological leadership.