DIGITAL GOLD: PRESENTS STABLECOIN WITH REAL-TIME ASSETS PROOF AND INTEGRATED MARKETPLACE.

in #digital5 years ago (edited)

INTRODUCTION

Hi, the great crypto enthusiasts and traders. I believe everything is going fine and how are you doing? I love coming up with modern investigations and well-analyzed subjective projects. Today I have brought a new and interesting project to your doorstep just, as usual, this project that I will be writing about a revolution and number one blockchain tech platform currently on the space. The project that I will briefly be writing about is called DIGITAL GOLD! This very project has a well-secured, reliable, transparent platform. Since blockchain technology has emerged, there have been a lot of great projects that have changed human life. These projects are beyond what humans envisaged in their ancient days. Through blockchain, there have been a lot of improvements in financial relations, industrial sector, banking sector, educational system, oil and gas and even to the globe of communication via smart gadgets.

DIGITAL GOLD is a new stablecoin asset-backed up by physical gold. It is related to other stablecoin in such a way that the price doesn’t devalue but different in pegging their token with physical Gold assets, unlike other stablecoin that do peg price with the dollar. This mode of DIGITAL GOLD is far better than that of others.

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The mission of DIGITAL GOLD Company is to come up with simple to use, a highly liquid, and non-volatile token that will be on the Ethereum blockchain and backed by real physical Gold. This project provides a platform that is serving as the main approach in providing a comprehensive solution that gives investors an opportunity to always hedge their crypto assets against crypto instability as well as the opportunity to invest directly in Digitalized Gold.

The main reason for the existence of this project is to tokenize and digitize Gold assets to optimize blockchain usage thereby enabling humans to be in a position to buy physical Gold with the Digital Gold token. Creating safe means with flexible transactions is the purpose of this DIGITAL GOLD whereas your risk will no longer be available when trading with its native token. This token will make the process more flexible and much easier for Gold trading transactions.
Therefore, the application of blockchain technology to create new systems is embraced in the Gold exchange.

HISTORY OF GOLD

I think it would be nice we should return to the starting point of the Gold market so that everyone reading this can fully understand the impact of Gold. The Gold history began in 3000 BC, when the ancient Egyptians created jewelry; it was only in 560 BC that gold was considered a currency. At that very time, merchants wanted to create a standard and an easy-to-exchange form of currency that could simplify purchases. As a matter of fact, Gold jewelry has been widely recognized and used across the globe.

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WHY BUYING INTO THE IDEA OF DIGITAL GOLD?

There are challenges facing the stablecoin that do peg with normal fiat, some of these are highlighted below;

i. Investors don't like investing in it because it does not attract much profit. It is just like what you invest there is what you will take back i.e no profit to be benefitted by investors as such.

ii. Most times, there is low trading volume, no liquidity and many investors do get stock in the market.

DIGITAL GOLD is the feasible and sustainable solution to the above-mentioned issues as the team has created a platform that issued a stablecoin coin that was pegged on the exact price of the physical Gold. And what this means is that; any cryptocurrency that you convert into stablecoin through the DIGITAL GOLD platform is equivalent to the exact price of a pure Gold. Isn’t this mind-blowing? I am sure it is for you just as it is for me too!

Please note that buying of physical Gold with Gold token entice no switch fees, meaning that you can properly make limitless payments without any restriction i.e the charges that you pay for executing a transaction is only the one the Ethereum community deduct as a transaction has fees which otherwise called gas fee.

By the reason of DIGITAL GOLD platform, a buyer can easily secure Gold ownership as it helps you to impervious a dependable supplier and all paperwork because potential users may not be patient enough to endure all the stress of filling paperwork before they will have access to buy grams of gold.

The DIGITAL GOLD platform gives its users the opportunity to diversify their portfolios in a safe country for the reason that cryptocurrency rate is volatile in the market. What this does for you is that it restricts the fee of concern and hazard of dropping your investment.

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INTERESTING FACTS TO KNOW OF THE GOLD TOKEN

It is not just a stablecoin but it is also an;
a. Token used as a means of payment;
b. Used as savings;
c. An asset that is of Valued.
d. Used as an investment;
e. Gold token can finally be used for hedging cryptocurrency risks.

As at the time of writing this article, GOLD token is already trading well at its official platform at https://gold.storage/ with other crypto like BTC, ETH etc as pairing.

Likewise, the GOLD token has been listed and readily available for trading on LiveCoin https://livecoin.net exchange in the pairing of GOLD/BTC and GOLD/ETH.

ROADMAP

By definition, Roadmap is a plan or strategy intended to achieve a particular goal. That is to say, the DIGITAL GOLD Roadmap is a step-by-step means by which the mission of the project is to be fully achieved.
Below is a pictorial representation of the DIGITAL GOLD Roadmap:

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CONCLUSION

It won’t be out of place to let you know that DIGITAL GOLD is not just a new project that is trying to raise funds. In fact, Gold earrings have cheaper manufacturing costs. DIGITAL GOLD has gone beyond that stage and is an already existing project that its token is trading well even on popular cryptocurrency exchange platforms. The team at DIGITAL GOLD has in place different business models already in operation. Do yourself well today by joining the moving train of the DIGITAL GOLD project now…

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For more information about the DIGITAL GOLD project and participation, kindly get connected with these links:

Website Whitepaper ANN Thread Telegram Marketplace

Twitter Facebook Medium Reddit

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WRITER'S DETAILS
BitcoinTalk Username: doglasslim
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2265600;sa=summary
ETH Address: 0xC89b8Dd7e3E137DB108575EeAse301E52b6C72d9F

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