A warm homage to my ever-intriguing audience. I am happy and excited to meet you again. I have always looked for moments, where we could share some thought on happenings, developments, innovations and ideas. most especially in the crypto space. I would like to give you a brief insight into Digital Gold. Thanks for the times given to reading my blogs.
The crypto market general has been dangling and driving to and fro. There have been a lot of happenings, such as cash-outs, sell-off of different cryptos. This has further heightened the rate of volatility. For this reason, investors are not just looking for the usual method market succour, which is the normal Stablecoin but looking for that Stablecoin that is backed by a commodity that has value and can be physically traced.
Stablecoins have been rising to prominence and have long been predicted to be the deliverer against market volatility. It has actually been trending before now. However, it's usage is on the increase, due to market fluctuations. This is why different means have been explored, most especially that which could be more secured and without or with very limited controversy.
Gold has a long history among other metals. Ever since it has been in use, it has never lost its value, rather it keeps increasing on a yearly basis. Almost everyone is looking forward to possessing one and the ways to secure one is either by purchasing it and storing with experts in the field on storage or by purchasing and storing by yourself. Investors are now gradually drifting away from the old or traditional system of gold acquisition. Which used to be the physical gold. Just because of the different challenges attributed to it, they have now decided to opt for Digital Gold, which is the Gold Stablecoin. This is because of its ease of acquisition and ability to provide more liquidity. It can easily be kept safe, without any cost implication.
Digital Gold in partnership with reputable companies
The partnership of Digital Gold company with BullionStar, Singapore's world-renowned global gold and silver supplier, has brought immense growth and trust in the system operation. This is what has been my initial driving force, even before noticing other notable qualities about Digital Gold company. They were able to create an ERC20 old Stablecoin and gave strong backing to it, by 100% of the physical gold. This has made it much easier to buy, sell and easily store gold. Just some weeks back, I was able to gift out Gold Stablecoin to a friend, who appreciated it, because, despite its ability to maintain its value, it got an increase, which was in correlation with the latest price of 1 gram of gold in the gold market. In a bid to ascertain the authenticity and the transparency of this project, one of the leading and world-renowned Swiss software development companies in Zurich, Switzerland, has made it a point of duty to audit the Gold token smart contract. There is, therefore, a correlation between the amount of gold token issued and the physical gold kept in the vault. Every investor will have easy access to the purchase and sale of the gold token at any given time. This is to tell you that the website is operational 24/7.
The progressive mission of Digital Gold
The team of this project is working to ensure that the project becomes a world-class project. There is, therefore, progressive growth in this project, as the team has bought and added 192 bars of physical gold, kept in the vault, making the present total supply to be 17,163, which also makes the total amount of tokens already minted, to be 17,193 GOLD.
I have always believed in the team of this project. Also, their recent move has also made me believe them more. Digital Gold project is reliable and has been found to be truly a Stablecoin coin, backed up by physical gold.
For more information about Digital Gold project, you can visit the following links:
Website: https://gold.storage/home
Facebook: https://www.facebook.com/golderc20
Ann: https://bitcointalk.org/index.php?topic=5161544
Medium: https://medium.com/@digitalgoldcoin
Whitepaper: https://gold.storage/wp.pdf
My Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2150171
Bitcointalk Username: pedpedped101
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