There are many metals on the planet Earth, but gold happened to be the most precious resources among them. Gold being a precious has given it an edge over other metals; no wonder people choose to store their assets in gold. Gold is very expensive and its has a value that is more than any fiat currency on the earth. The innovation of blockchain as the power to change things around including this ecosystem. The Digital Gold platform want to optimize this opportunity to digitalize this ecosystem. Therefore Digital Gold will launch a GOLD token which will offer a speedy and easy way to buy, sell, transfer and store digital gold.
AIM OF DIGITAL GOLD
The simple aim of Digital Gold is to digitalize the physical gold and its market, whereas the physical gold will be represented by a digital token (GOLD stablecoin). So therefore, instead of transferring the physical gold from home to home delivery, the digital gold will be transferred using smart contracts over the blockchain.
GOLD STABLECOIN
Digital Gold platform is now the easiest way to secure gold and also become a gold ownership. For people to easily acquire gold, the platform has launched a token called GOLD; It is a stablecoin built on ethereum blockchain. This is an opportunity for people to invest in gold with the GOLD stablecoin. Again, the physical gold market has been scanty and difficult for dealing once it comes to gold business; but Digital Gold has also launched a marketplace where people can buy, sell and also will be able to transfer GOLD in a swift way. The GOLD stablecoin was created based on ERC-20 token. This stablecoin will represent the real physical gold and smart contract will be used for its execution.
Before now, only a few gold investors do involve in doing gold business, but the emergence of Digital Gold platform is creating a new ecosystem for both physical gold investors and also crypto/blockchain investors to get involved in gold business. This measure will make both physical gold investors and cryptocurrency investors to get access to buy and exchange GOLD in the marketplace launched by the platform.
There is assurance for any investors that want to invest on GOLD token because it is the most reliable and trusted stablecoin. Investing in GOLD token which represents the physical gold is more commendable because it is more secure and have a high level of privacy, it is transparent and more guarantee. The introduction of GOLD stablecoins by Digital Gold will form a great bond between physical asset and a digital asset.
CONCLUSION
The GOLD token launched by Digital Gold has a stable price just like a physical gold. The GOLD stablecoin will increase just as the value of physical gold increase in the world market. The GOLD stablecoin is now the easiest way to store and transact gold now. The physical gold will be stored in BullionStar Vault sited in Singapore. Also, the number of GOLD stablecoin release depends on the numbers of gold deposited in the BullionStar Vault.
To learn more about Digital Gold, visit;
Website - https://gold.storage
Medium – https://medium.com/@digitalgoldcoin
Telegram – https://t.me/digitalgoldcoin
Twitter – https://twitter.com/gold_erc20
BitcoinTalk – https://bitcointalk.org/index.php?topic=5161544.0
Writer: Djovic999
Bitcointalk Profile link:
https://bitcointalk.org/index.php?action=profile;u=2648936