MELECOIN - The World's First Trustless Stablecoin

Cryptocurrency as we know is the latest trend in this era (Digital) today. It is a type of currency which is made virtual. It is otherwise called digital cash. The first of it kind, Bitcoin is the most popular cryptocurrency today.

Cryptocurrency has helped move the world economic and financial sector to a new level. It impact can also be felt in other sector in the world. With cryptocurrency, transactions has been made easier, faster and secured. Moreso, cross border transaction has been made possible a little or no cost. It has proven to be a genuine form of currency.

Although it value is been affected by high volatility, inflation, political and economic turmoil. Just like during the Covid-19 early days.
This issue has really affected the interest rate of people towards cryptocurrency. Though cryptocurrency is secured, it value is not stable.

Gold is a precious metal to man. It usefulness and importance has been hatched in the history of man. It has been a store of wealth for man for a very long time. In the olden days the wealth of a man was determined by the quantity of gold he has.

This is because gold is a very stable asset, it value rarely depreciate. And it is not affected by volatility, inflation, economic or political turmoil. Also countries central bank back their currency with gold.

A Cryptocurrency backed by a tangible asset such as Gold is what is needed at this moment in the cryptocurrency ecosystem. A cryptocurrency such as that would surely boost the interest and morale of people towards cryptocurrency.

I present to you MELECOIN

MELECOIN is a blockchain technology company which specialize in banking, investment and e-commerce. Melecoin is registered in Saudi Arabia.
The Melecoin ecosystem is made up of an e-commerce, banking, real estate, gaming, mining and loyalty program platform.

Melecoin has developed a stable cryptocurrency backed by 99.9% pure gold called Melecoin Gold Token. The Melecoin gold token is an erc-20 token built on the ethereum blockchain.

The price of the Melecoin token directly depends on the market fixing price of gold.
Melecoin token provides physical gold ownership which is free from risk of personal storage, mobility cost and no paperwork. With the Melecoin token, physical gold mobility, liquidity and trading from anywhere in the world is made seamlessly possible.

The Melecoin token can be used for different purposes ranging from performing remittance, point of sale payment, making financial transaction, to payment on online shopping platform.

Melecoin allows for exchange or trading of melecoin token for other cryptocurrencies, fiat currency or even gold.

Melecoin guarantees the security and privacy of transaction details on it platform as it utilizes the blockchain technology to achieve that.

The safety of the gold used to back Melecoin token is taken care of by LBMA bullion and it is also insured. With Melecoin token, it holders is guaranteed unlimited trade in any amount of gold from anywhere in the world at anytime.

To encourage the continuous usage of gold via Melecoin token, Melecoin has issued a Debit Card which will enable users to quickly and easily perform transactions with their token.

Roadmap
To view melecoin roadmap. Click the link below
https://melecoin.net/#road

Conclusion
Gold is a very important asset in the financial market due to it stable value.
And cryptocurrency provides a secured way of performing transaction, also it is safe currency free from centralization.
Melecoin provide an avenue where we can make use of these two valuable asset together through the Melecoin gold token. A currency such as melecoin token serves as an excellent store of wealth and would surely boost the interest and morale of people towards cryptocurrency ecosystem.

To know more about Melecoin visit our
Website: https://melecoin.net/
Whitepapper: https://melecoin.net/images/wp/EN.pdf
Telegram group: https://t.me/Melecoincommunity
Twitter: https://twitter.com/melecoin
Facebook: https://www.facebook.com/MELECurrency
Medium: https://medium.com/@melecoin.net
LinkedIn: https://www.linkedin.com/company/melecoin

Author Details
Bitcointalk profile username; Assam Kingsley
Bitcointalk profile link; https://bitcointalk.org/index.php?action=profile;u=2676658;sa=summary
Proof of Authentication: https://bitcointalk.org/index.php?topic=5293754.msg55742249#msg55742249