Digital Gold — The Future Of Gold With Blockchain
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Digital Gold is a project that utilizes blockchain technology designed to encourage digitalization of the financial market through GOLD Token under the ethereum (ERC-20) network. The use of gold-based blockchain is indeed not a new concept. This concept offers a more economical, efficient and effective transaction without forgetting aspects of transparency and security. Customers can buy GOLD Token instantly, with each GOLD Token value equal to one gram of 99.99% fine gold stored in the company deposits. This indirectly allows all users to use gold as a payment medium, saving assets in other interests without having to save physical gold so that it is safer and more comfortable. The GOLD Token is currently pegged to the value of spot gold prices and makes users protected from the price volatility of the cryptocurrency and makes it possible to take profit in the long term as the value of gold is always increasing from year to year.
The Digital Gold Project is not an Initial Coin Offering where there are no crowdfunding or fundraising from the public. All operating costs are self-funded, so each Gold Token acquisition results in the purchase of instant physical gold based on the smart contract. The GOLD Token community can now take advantage of the Digital Gold Marketplace to sell and buy GOLD Token instantly without a large fee. With GOLD Token, the gold undergoes a fundamental change in function. Not only as a medium of investment or saving wealth, but can be used as a medium of payment that is generally accepted throughout the world. This is certainly good news for all of us, especially gold lovers.
GOLD is a token compliant with the ERC20 protocol of the Ethereum infrastructure. A GOLD token provides coverage to one gram of fine investment-grade gold of 99% purity. This makes it easy to make small-sized investments in gold without the hassles of irrelevant paperwork, allowing for the instant and anonymous purchase of gold.
Since GOLD only provides coverage of the amount of gold purchased, the real gold which backs the GOLD token is physically committed to the company’s vault, hence, whenever GOLD tokens are purchased, an equivalent amount of gold is vaulted. Regular audits of GOLD and the amount of gold in the company’s vault is taken by the reputable BullionStar — a partner of the project. DIGITAL GOLD is a liquidity-provider, therefore institutional grade investors and large capital investors can make large GOLD purchases without the fear of insufficient gold supply.
Why you should purchase GOLD
GOLD provides holders with the security of purchasing gold while ensuring that tokens do not serve as just a store of value, unlike gold. GOLD holders can easily benefit from the price stability, long-term appreciation in the value of gold, as well as benefit from the use of the token for daily expenses and purchases. Some of the major benefits of the use of GOLD include:
Seamless, anonymous, and instant purchase of gold: Gone are the days of lengthy procedures and incessant paperwork just to purchase gold. Using cryptocurrencies like Bitcoin and Ether, investors can easily and instantly purchase gold through GOLD. This eliminates unnecessary third-parties while making gold ownership easy and anonymous.
Secure storage of gold: Any investor looking to invest in gold has to have appropriate storage in place in order to ensure its security. GOLD token holders need not worry about such as the physical gold is securely stored in the DIGITAL GOLD company’s vault, ensuring asset safety at all times.
Access to fraud-free global markets: The gold market is a global one with numerous governments holding gold in its reserves. The gold market which is predominantly accessible to large capital individuals and institutions is made easily accessible to all cadres of investors through GOLD.
GOLD can also be used to hedge against various cryptocurrencies, providing capital security in the case of high volatility cryptocurrency market conditions due to its price stability.
How to purchase GOLD
Purchasing GOLD could not be any easier, the DIGITAL GOLD platform is a fully functional ecosystem which has its own marketplace. GOLD tokens can easily be exchanged for cryptocurrencies like Bitcoin and Ether.
The marketplace is equipped with basic tools to assist with market analysis and price projection. The purchase and sale system is controlled by smart contracts, allowing for seamless transactions. Customer support is also readily available to assist individuals with queries and other relevant information on accessing the marketplace and other features of the platform.
In order to facilitate further liquidity for GOLD, it will be listed on more exchanges. GOLD is also available for purchase on Cryptex.
PRICE INFORMATION FROM GOLD TOKEN
BTC ETH
Spot 0.0044107 0.20972754
Purchase 0.00458278 0.21806181
Redemption 0.00440131 0.20942656
Prices shown for 1 GOLD token, which is equivalent to 1 gram of physical gold. Purchase and exchange prices include currency conversion fees and can fluctuate depending on market conditions.
Author : antoarwadi
Wallet : 0x59a78fa8bb20291986D8E506Ae38f21A3368F404
