DIGITAL GOLD: INDEPTH ANALYSIS OF THE DIGITAL GOLD PROJECT

adeyod (42)in #digitalgold • 5 years ago

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INTRODUCTION

HELLO, before focusing on the Digital Gold project in-depth, it is appropriate to give a bit of perspective on why digitized gold is highly relevant for the cryptocurrency market. Currently, the financial market holds several huge gold exchange-traded funds (ETFs), with enormous amounts of funds. For instance, the SPDR Gold Shares (GLD) currently has a market cap of over $36 billion, thus proving that gold remains an attractive asset for people worldwide. The total value of the gold market cap is difficult to determine, yet it exceeds the $100 billion threshold. The sheer amount of capital invested into these funds, when compared to the amount of gold that is purchased and stored, leads to a simple conclusion: The general public is not keen on buying, storing and transacting physical gold. The reasons backing this claim vary, yet many users are already accustomed to the financial market as it is. Buying and storing actual gold leads to complications, such as following strict legal procedures, and ensuring security measures. Therefore, consumers prefer hiring a third party to handle these aspects for them.

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The Digital Gold undertaking was made so as to encourage a simple, powerful and proficient buy framework for gold market. The Digital Gold commercial center will likewise fill in as a road for purchasing and selling of Gold token. In Digital Gold commercial center, the valuing data of gold will be shown for anyone passing by to view. The Digital Gold commercial center is extremely secure and they are prepared to offer ordinary client administrations to the clients of the stage. The commercial center was intended to suit web base and furthermore be perfect with portable applications.

The part of bad investment, economic problem and bank saving not guarantee good return till date was the reason why the Digital Gold Storage team create Gold StableCoin an advanced concrete utilized, great concept and totally decentralized world blockchain-based digital currency technology payment asset, good for storage of value, superior risk free investment and ever appreciating in terms of value/price.

Gold StableCoin is project implemented to bridge the lapses which the governments, institutions(Banks), old and new stable asset in the crypto market are unable to fix and to make having real gold easier for every individual. Besides, Gold StableCoin is a complete bulletproof project, tested ok and it is an Ethereum ERC20 based token backed and pegged with real physical gold stored in Bullion Star secure vault.

However, each token consists of one gram of vault-stored 99.99% fine purity grade gold and it is another way of owning purity gold without the exposing of your private identity.

Gold StableCoin posed the attribute of quality security, no transfer fees(yes, you don’t need to pay any fee when making payment or transaction), privacy and high liquidity. Besides, the additional feature of this token is to provide fast transaction, sound profit, convenient and quick protection against the fluctuation in the price of the crypto market and making gold easy for everyone to own.

Gold StableCoin is already working/live project. You can buy and sell Digital Gold at the project digital marketplace and at the supporting exchange site. It can be transferred and stored as an addition to your portfolio.

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