In Dubai, there will be a crypto-currency, secured by gold. This is written by NewsBTC.
The combination of tsyfrovoy currency and gold is quite an intriguing concept. Fintech, OneGram company in Dubai plans to create the world's first crypto currency, which will be provided with gold. For some investors, this will be a cryptoactive, combining the best of both worlds. Thanks to the partnership with GoldGuard, this project is expected to be implemented in the coming months.
Gold has always been a reliable asset in turbulent and unstable financial periods, and interest in the crypto currency is growing day by day. OneGram recognizes both trends and aims to provide the best of these two destinations to traders around the world.
OneGram cooperates with Sharia scholars to ensure full compliance with the requirements of Islamic finance. It is expected that in the coming months will be released 12 400 768 tokens OneGramCoin. Each coin will be equated to 1 g. Of gold, reserved in the GoldGuard storage. The program plans to attract $ 555 million in the process of crowdsdale. The price of the coin will be compared with the current exchange rate of gold.
The volume of the Islamic finance market at the moment is about 1% of world GDP and shows a steady growth of 20% annually.
But the question arises, but will there be a demand for such kind of tokens?
Investors should not forget about security and always be on their guard.