Digital Gold (GOLD) - The Reliable Cryptocurrency for Saving Wealth.

in #stablecoin5 years ago

Introduction

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Blockchain has the potential to disrupt almost every industry. The use of Blockchain technology aims to create a new payment system that is decentralized, transparent, secure, and fast by using cryptocurrency as an exchange tool.

Cryptocurrency got the attention of investors, not a few investors competing to collect and save cryptocurrency. Not without reason, it is caused because cryptocurrency (Bitcoin for example) has experienced a price increase of up to thousands of times.

However, the value of most cryptocurrency always fluctuates and revolves around speculation. Cryptocurrency investors will be able to become millionaires overnight, then lose most of their wealth in the next few days.

Then, a number of cryptocurrencies arise which are pegged at a ratio of 1: 1 with fiat currencies such as US dollars or Euros known as Stablecoin. The presence of Stabecoin based on fiat money is gaining attention in the crypto-market because it is far more certain than normal cryptocurrency.

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However, the cryptocurrency whose value is pegged on fiat money has been surrounded by much controversy. Suspicion arises that the number of tokens in circulation is greater than the amount of fiat money available as a reserve, this is due to the absence of audits that are released transparently. Therefore, GOLD-token is here to overcome all problems related to cryptocurrency values.

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About

GOLD-token is a cryptocurrency developed and published by DIGITAL GOLD LTD - a company based in St. Vincent and the Grenadines. DIGITAL GOLD LTD consists of individuals who are highly skilled and experienced in finance, banking, law, wealth management, IT and also the blockchain industry.

DIGITAL GOLD LTD aims to build digital assets that are very liquid, easy to use and stable by issuing GOLD-token. This is believed to minimize risk, expenses, reduce commission, and provide a secure liquidity and storage solution for GOLD-token holders.

GOLD-token is cryptocurrency classified as Stablecoin backed by pure gold. Each GOLD token has the same price as one gram of 99.99% of pure gold stored in a safe company vault.

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DIGITAL GOLD LTD in partnership with BullionStar - a leading safe storage service based in Singapore. The value of gold bars can be verified in real-time with BullionStar Direct Audit Reports. This was done as a step of transparency and an effort to guarantee the total number of GOLD tokens in circulation was the same as the total value of physical gold bars stored.

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GOLD-token is built on Ethereum blockchain (ERC-20 standard), which can provide many benefits such as; instant transactions, eternity, security, automatic records, and smart contracts that function to ensure that additional emissions from GOLD-token without sufficient gold bullion value in vault storage are impossible.

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GOLD smart contracts have gone through several stages of in-depth testing. Also, the GOLD smart contract is audited by ChainSecurity - one of the leading and well-known Swiss companies specializing in blockchain security. The audit report states that the GOLD smart contract is completely safe to use, there are no security breaches in the GOLD smart contract.

Benefits offered

GOLD-token offer many benefits, GOLD-token holders will get many benefits which include; value, free transfer fees, security, privacy, and high liquidity. All the benefits offered by GOLD-token are summarized in the following picture:

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Marketplace

To facilitate the liquidity of GOLD-token, the DIGITAL GOLD LTD Company was created its own market called the DIGITAL GOLD Marketplace. This is done to provide easier options and allow users to make transactions directly.

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Furthermore, in an effort to provide liquidity for GOLD tokens, the DIGITAL GOLD LTD Company listing GOLD tokens on more cryptocurrency exchanges. At present the GOLD token has been listed on Cryptex. Meanwhile, further listings on several other exchanges is on negotuation.

Summary

GOLD-token is digital crypto-assets which also act as transparent financial instruments with the support of physical assets that have a very stable value.

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Acting as a Stablecoin with gold support, GOLD-token can be very reliable by crypto-investors as a hedge against market volatility and a smart way to diversify portfolio than a type of Stablecoin that is bound to fiat money.

The support of physical gold that is stored securely and can be matched in real-time makes GOLD-token the best means and solution for saving wealth. In addition, GOLD-token is a good opportunity for investors who want to invest in gold in a more efficient way through stable digital assets.

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Final words: With all the aspects that are owned, GOLD-Token is very feasible to be your next investment choice.

Find more about GOLD-token by visiting the link below:
Website: https://gold.storage/
Whitepaper: https://gold.storage/wp.pdf
Medium: https://medium.com/@digitalgoldcoin
Facebook: https://www.facebook.com/golderc20
Twitter: https://twitter.com/gold_erc20
Telegram: https://t.me/digitalgoldcoin
Reddit: https://www.reddit.com/r/golderc20/

Author : dyslexia
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