DIGITAL GOLD - The first 100% Liquid stablecoin backed by Gold

INTRODUCTION

Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin,there have been rigorous efforts to apply the blockchain to several aspects of the global business process, Blockchain technology has been described as having the potential to disrupt many industries with low-cost transaction, immutability, and enhanced security. In the years that have followed, many other blockchain implementations have been developed with each one exhibiting unique features tailored to specific use-cases.

Blockchain has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, these assets can be given economic value in order to initiate and validate several transactional processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions.

_STABLECOINS are cryptocurrencies designed to minimize the volatility of the price of the stablecoin. Basically, a “stable coin” is a cryptocurrency pegged to another stable asset, like gold or the U.S. dollar.

Stablecoins work as a connection between the world of fiat and cryptocurrencies. Many companies make use of centralized authorities, which are supposed to support every coin with the one-to-one equivalent in Crypto or USD and controls the price volatility. Companies like Tether that offer this have been fraught with fraud and shady deals.

Many people are still skeptical if stablecoins like tether and the likes of it are actually stable. The high volatility nature of Bitcoin has led to the formation of stablecoins._

Gold has been used to preserve wealth throughout thousands of years.
The stability of gold’s long-term purchasing power is unprecedented and superior to any fiat currency.

GOLD Ethereum-based ERC20 token is a convenient and instant way to store, buy, sell or transfer investment grade gold.

GOLD token is exactly what you need to purchase gold and store it digitally with complete anonymity and guaranteed protection of your assets from high volatility and loss of value.

ABOUT DIGITAL GOLD

The Digital GOLD stablecoin is a digital crypto asset backed up by physical gold, which is bought each time a token is issued and stored in a secure vault in Singapore.

GOLD stablecoin is an ERC20 token based on Ethereum blockchain, It is an easy and fast way to store, purchase, sell or transfer investment grade gold. GOLD token is actually what an investors need to purchase gold and digital storage with complete anonymity and secure your assets from high volatility and quick loss of value.

DIGITAL GOLD is a future blockchain-based project that will go to all the exchanges on the best cryptocurrency market and this is one of the best productive breakthroughs for investment exchanges in your future. Digital Gold will be one of the same fiat currencies with pure gold. It is expected to achieve this by enabling users to buy coverage in physical gold, through the ERC-20 based GOLD ERC-20 token.

The Digital Gold Project This project has many advantages for its users, the gold market, but also for the overall blockchain technology, allowing users to quickly buy and save the GOLD Tokens that you need to buy gold and store it digitally with complete anonymity and guaranteed protection of your assets from high volatility and will not lose value, a consumer only needs to place a Gold Token to conduct monetary transactions, or use it as a method of storing wealth.

FEATURES OF DIGITAL GOLD

High Liquidity

Token issuer company is a liquidity provider allowing purchase and sale of huge amount of tokens exceptionally close to market rates. Token holder can immediately buy or redeem tokens online or partner exchanges.

No transfer fees

Zero fees on transactions. Investors can make as much payments as they like.

Low Cost

Low service costs comparable to the cost of storing gold at a bank, with no hassle of actually dealing with precious metals storage related issues.

Secure

100% backed by physical gold. The quantity of physical gold stored can be equated with the total number of tokens real-time. All transfers are irreversible and there is no way to froze or restrict your account because of decentralized structure of blockchain technology.

Privacy

Own GOLD while staying private. All other gold ownership options involve unveiling your identity at the time of possession or redemption. To buy or sell any quantity of GOLD, you simply need to give a receiving wallet address.

1 TOKEN = 1 GRAM OF GOLD 99.99 PURITY

All GOLD tokens are backed by physical gold stored in a secure vault. The gold stored is audited in real-time and can be verified online.

Every GOLD token is issued using Ethereum smart contract and the amount of tokens in circulation always equals the total amount of gold bullion held in vault.

WHAT MAKES DIGITAL GOLD UNIQUE

GOLD can be bought and sold instantly on a number of exchanges or at DIGITAL GOLD WEBSITE This enables GOLD holders to be in and out of positions in a matter of seconds, a feat that is impossible to accomplish with physical gold located in a secure vault.

Now you may store value in something that has a thousand year long track record while staying firmly in control.

To achieve the high market liquidity GOLD representatives hold significant positions as market maker on major exchanges around the world. Such strategy allows our customers to buy and sell large amounts of GOLD with guaranteed low spread and no slippage.

THE TOKEN

The Gold token is a native token that is issued by the Digital Gold Team, It is based on the Ethereum Blockchain, This ensures its safety and also makes it faster and certainly makes it more efficient because of the smart contract technology in Ethereum Blockchain technology can do hundreds of transactions in one second, this makes gold tokens meet the criteria to become standard tokens that represent Gold Assets in the cryptocurrency world. Gold tokens are backed up by real gold which makes the value will be in accordance with the gold assets owned by Digital Gold at this time, of course this makes it an alternative to investing in gold.

Gold tokens can also be exchanged instantly in their marketplace 24/7 without the need to bring physical gold like the traditional system used today. Besides making it more efficient, this makes it safer and they are also committed to ensuring liquidity with low spread and no slippage.

ROADMAP AND DEVELOPMENT PLAN

FOR MORE INFORMATION:

Website : https://gold.storage
Telegram : https://t.me/digitalgoldcoin
Twitter : https://twitter.com/gold_erc20
Whitepaper : https://gold.storage/wp.pdf

PUBLISHER

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