Gold Stablecoin - First 100% Liquid Stablecoin Backed By Gold

Digital Gold is design utilising the blockchain technology to birth the Digital Gold Token(GOLD) which is hoard in a safe and guarded Digital Gold vault affiliating with the famous gold company Bullionstar who is responsible for auditing all the transactions carried out in the treasury. The Digital Gold token is erc-20 supported token which is build to replace physical golds to solve the issues associated with the acquiring and securing of physical golds.

If you have read the book “The Cashflow Quadrant” by Robert Kiyosaki, attended a seminar on how to make investments, or read a book on how to become a large-income earner, you most likely have come across the image above.

For an individual to become a business owner or an investor and become financially independent, one should have multiple sources of passive income. This can easily be achieved by investing in businesses or assets with a healthy growth potential. Undoubtedly, one of such assets is gold.

What gold is and why you should buy some

Gold has always being a sought-after asset for investors and consumers alike; for investors — it provides a means to grow their investment over time and serve as a store of wealth, for consumers, however, it provides one of the finest materials for making luxury items — from cars to wristwatches, jewelry, and other Veblen goods. These have served to further increase the demand for the precious metal.

Gold over the years has proved itself a worthy investment. Over the past ten years, it has appreciated in value by over 97% making it one of the most desired items for luxury goods collectors.

Digital Gold aim to create a digital ecosystem whereby users will be able to sell, buy, transfer, store or transfer their investment grade gold on a platform with privacy, security and transparency in the transactions carried out on the Digital Gold platform.

The Digital Gold erc20 tokens are backed directly with physical gold i.e for every transaction of Digital gold, a real gold is replace with it in the company depository which is manage by bullionStar.

The application of blockchain technology in Digital Gold makes it possible for users to enjoy the following benefits on the platform quick and low fee charge transactions, maximum security, smart contracts functionality, endorsing and supporting all other erc-20 tokens, transparency in its transactions and trading of the Digital Gold on other exchanges.

Digital Gold as a liquidity platform allow users to transact as they wish without limiting them to transactions with no added charges expect the gas fee which is charge for transactions and the yearly service due use for the maintenance of the platform.

Users on the platform get link to a smart contract whose function is to balance the ratio of tokens sold and tokens in vault to prevent liquidity issues on the platform.

FEATURES OF THE DIGITAL GOLD

★Low cost token

Clients on digital gold will be able to send their tokens out of the wallet without experiencing the fluctuating transfer fees since all transfer on Digital Gold is free, though gas fee will be charge for transactions on the platform since it is run on the Ethereum network. Also service fees will be charge on the platform for sustainability and maintenance of the platform.

★Secure gold ownership

The process involve in securing physical gold is a usually long, stressful and chivvy for clients. To purchase physical gold, the seller must be valid and dependable to avoid fraud, negotiation between the both parties, and an agreement must be reached between them before the seller get the gold. Storing gold in banks is a good idea but the process too is time consuming. Digital Gold tends to overcome these problems encounter when acquiring physical golds by allowing its clients to purchase its GOLD tokens with real physical gold which is being guide by the company in secure vaults. These physical gold are insured, therefore any risks to the golds are cover with full insurance value.

★Clients privacy

Transactions made with physical gold merchants demands clients to provide full details about themselves according to the national regulatory compliance on Gold. The Digital Gold LTD aims to gap this bridge by ensuring its clients identity remain anonymous.

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.

Conclusion

GOLD provides individuals looking to benefit from investing in gold with a highly liquid option which also provides them with an opportunity to leverage the benefits of blockchain technology which allows for trustless immutable transactions.

DIGITAL GOLD provides individuals with low-investment capital looking to invest in the gold and cryptocurrency markets for profits. It also creates a viable solution which facilitates the transitioning of individuals from employees to investors, enabling them to make investments and build themselves a passive source of income from the appreciation in the value of gold.

Useful links to Digital Gold project

Website: https://gold.storage/

Facebook: https://www.facebook.com/golderc20

Twitter: https://twitter.com/gold_erc20

Medium: https://medium.com/@digitalgoldcoin

Telegram: https://t.me/digitalgoldcoin

Author by acepro

Eth Address : 0x570fe0fFca57D9E367305fD17BeB822F33fFDF93