TheBitGold — USEFUL PROJECTS FOR OLD AND NEW INVESTORS AROUND THE WORLD.

in #bitgold2 years ago

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Blog Introduction: Have you ever heard of NFTs? No, not the kind you get from your doctor. NFTs, or non-fungible tokens, are digital assets that cannot be duplicated or exchanged for other assets of the same type. In other words, each NFT is unique and has a specific value. So what does this have to do with gold? Well, BitGold is a platform that delivers computerized gold as an innovative NFT. This means that the digital gold provided by BitGold is very secure and will not allow control or duplication due to the use of NFT conventions.

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BitGold is an innovative step because it uses the NFT convention to help make digital gold that is safe and universally available to everyone. So by leveraging the NFT conventions and with an insightful framework, BitGold actually wants to provide digital gold that is secure, uncontrollable, and of course movable wherever the client prefers.

How Does BitGold Work?
BitGold works by allowing users to purchase gold with fiat currency or cryptocurrency. Once the user has purchased gold, they can then transfer or “mint” the gold into an NFT. The process of minting involves creating a unique code that represents the gold on the blockchain. Once the code has been minted, it cannot be changed or duplicated, which adds an extra layer of security for the user.

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Additionally, since the NFT is stored on the blockchain, it can be transferred to anyone in the world instantaneously and without any fees. This makes it a great option for those looking to invest in gold but don’t want to deal with the hassle of physically storing it. Plus, since BitGold is built on top of Ethereum, users can also take advantage of Ethereum’s decentralized applications (dApps).

Why Use BitGold?
There are many reasons why someone would want to use BitGold over other options when it comes to investing in gold. As mentioned before, one of the main benefits is security. Since each NFT is unique and stored on the blockchain, it cannot be duplicated or stolen. Additionally, another benefit of using BitGold is that it offers universal availability. Anyone in the world with an internet connection can access BitGold and purchase gold.

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Plus, since BitGold is built on Ethereum, users have access to a wide range of dApps that they can use in conjunction with their Gold tokens. There are dApps for everything from lending and borrowing to social media and gaming. So whether you’re looking for a safe and secure way to invest in gold or you want to take advantage of all that Ethereum has to offer, BitGold is definitely worth checking out!

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In conclusion, Bitgold is a platform thst provides computerized gold as an NFT which makes it secure against duplication and controllable by whoever owns it at the time. It’s built on top of Ethereum which allows users to interact with decentralized applications (d Apps) in addition o just holding their Gold tokens securely . All these factors considered make Bitgold si good investment platform if you’re looking into expandig your crypto portfolio past just holding Ethereum .

More Information:
Website: https://thebitgold.com
Buy $BGT Token: https://buy.thebitgold.com
Twitter: https://twitter.com/thebitgold
Facebook: https://web.facebook.com/thebitgold
Instagram: https://www.instagram.com/thebitgold
Telegram: https://t.me/thebitgoldgroup
Youtube: https://www.youtube.com/channel/UCwyQuLzu6ACPeJN7XyqzuGg
Github: https://github.com/thebitgold

Author:
Bitcointalk Unsername : Monkeybut
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=3410893
Telegram Unsername : @Monkeybutcok
BEP-20 Address : 0x09dBD32662627a0De3D56f58bfD88055A727f7DF

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