A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Digital Gold, a blockchain-based project, designed to encourage the digitalization of the financial markets, and their afferent investment instruments has arrived.
"Cryptocurrencies such as Bitcoin cost almost nothing to transfer around the globe and they promise to be easy to transact with (akin to using a credit card). If those digital tokens can be anchored to tangible gold and silver bars, they could be more compelling as a store of value.
With that being said, the GOLD token community can utilize the Digital Gold Marketplace to instantly purchase and/or sale the token. As the parent company is also a liquidity supplier, users are free to carry out as many transactions as they wish, 4 with no additional costs apart from the yearly service fee and the general ‘gas’ cost for Ethereum-based transactions.
Now that I have your attention, let’s get right to it.
What exactly is DIGITAL GOLD?
As depicted on the official whitepaper of Digital Gold, Digital Gold is a blockchain-based project, designed to encourage the digitalization of the financial markets, and their afferent investment instruments. It hopes to achieve this by enabling users to purchase coverage in physical gold, via the ERC-20 Ethereum-based GOLD token.
To create a safely store for gold assets and create a means of making payments with GOLD token. The blockchain has the feature that can safeguard digital assets more than the traditional system. The gold is expensive and adequate security is needed, therefore tokenizing the gold business is the best thing to encourage and that is one of the aims of this project. Instead of going to gold store with bags of money to buy gold, you will use the GOLD token in your wallet. This will make the process flexible and easier for gold business transaction.
Digital Token Marketplace
This is a platform that helps us to make the manner of buying or selling gold-backed token without difficulty and more efficiently. By the use of the Digital Gold market platform, when customers are interested in shopping for gold tokens or selling them, they only want to fill out the form on the website and when they end filling out the form, their machine will begin a clever contract automatically, after all the transaction strategies are completed, New gold tokens will be printed automatically. The cause of this Marketplace platform is to facilitate each transaction system for the instant buy or sale of Gold tokens barring the need to go through a intricate step, of direction this will make it more effective.
Their platform also gives us with information on gold expenses in the global market. With this feature, of course, it will provide clients to research viable gold charge developments at this time effectively and maximize their portfolio. Besides that they also grant a chart column feature for Gold charge lists in foremost Cryptocurrency such as Bitcoin (BTC) and Ethereum (ETH). Not solely giving us a market platform, Digital Gold also offers us vital elements such as the present day gold fee vogue chart, this makes it the all-in-one Gold Marketplace Platform.
The Benefits for Digital Gold holders
Minimal fee of change or transaction charges.
Since the Gold token is an ERC-20 based token, it ensures low price of transactions such as the 'gas' charge of ethereum Blockchain.
The Digital Gold token is of steady value, and no danger of protection and simple to change and trade.
The group offers excessive Liquidity of Digital Gold.
The token backer company DIGITAL GOLD LIMITED guaranteeing its consumer a High liquidity all the time regardless of economic situations and time.
Services will be handy day in and day out (24/7).
Boundless payment with no transfer charges.
Chances to secure wealth thru an improved portfolio.
Gold token also gives sufficient liquidity strategy.
Affirmation of high liquidity through the digital gold commercial center and accomplice exchanges.
Effectively secure gold proprietorship which is as a rule completely assured with the aid of Chubb Insurance Company in Singapore.
Gold token takes into consideration private bodily gold proprietorship.
GOLD can be purchased and sold in a split 2nd on more than a few exchanges or at digital Gold site. This empowers GOLD holders to be in and out of positions in in basic terms seconds, an accomplishment that is difficult to gain with physical gold situated in a protected vault.
GOLD is a digital crypto asset backed up by way of physical gold, which is purchased each and every time a token is issued and stored in a impervious vault in Singapore. GOLD is a safe, convenient and quick answer that serves many purposes from funding and portfolio diversification to invulnerable transactions and gift to your relatives.
GOLD is a obvious monetary instrument, the place physical gold purchased by means of our organization is without problems matched real-time in opposition to the amount of issued tokens.
The Advantages of Digital Gold Platform
Digital Gold is backed by physical gold
Every single GOLD token are backed by physical gold held in an extremely secure vault. The gold hang on is inspected in period and might be checked on-line. Every GOLD token is issued abuse Ethereum smart contract and furthermore the amount of tokens available for use perpetually rises to the general amount of gold bullion control in vault.
High Liquidity for gold business
Token organization could be a liquidity supplier endorsing buy and closeout of huge amount of tokens appallingly going to market rates. Token holder will quickly buy or reclaim tokens at this site or accomplice trades. Token establishment organization, DIGITAL GOLD will be a liquidity supplier authorizing buy and clearance of huge measures of tokens horribly going to market esteem.
No transaction/transo fees
No expenses on exchanges and you make as a few payments as you like. GOLD might be utilized as a piece of your day by day standard or normal business exchanges. Make payments in GOLD with totally no gathering activity charges. This suggests you essentially will make as few payments as you lean toward at whatever point you might want to, liberated from charge. GOLD will even be utilized for every day cash routine like installments to your companions and business exchanges. Administration costs are similar or lower to putting away gold at an establishment or bank, with no inconvenience or work. the worth could be a little % of GOLD holding charged day by day on your GOLD parity
The platform make every process become ease
Low administration costs reminiscent of the estimation of putting away gold at a bank, with no inconvenience of truly taking care of valuable metals stockpiling associated issues.
100% upheld by physical gold. Amount of physical gold hang on might be coordinated against the general assortment of tokens in period. All exchanges are irreversible and there's forget about it to square or confine your record on account of suburbanized structure of blockchain innovation. The protection covers all dangers at full substitution worth and is given by one in all the world's biggest protection cash guarantors, Chubb Insurance. Putting away physical gold all alone incorporates an assortment of natural perils/issues that might be dodged by misuse GOLD. Such threats grasp home lawful offense and security hazard intending to and from the bank, on the off chance that you select to store gold gathering or limited access on the off chance that you select to remain your gold at a bank.
GOLD token is a radiant possibility for speculators looking for a simple gratitude to buy gold bullion bars and stable computerized resources. the value of GOLD is pegged to gold market esteem and our stage enables you to get an unmistakable and stable advanced in addition to. Owning a GOLD token is practically equivalent to owning the physical gold as each GOLD token is upheld by gold bullion bars to ensure the value of issued tokens. Buy GOLD tokens takes just various minutes, that makes GOLD token one in all the most straightforward manners by which to rapidly put resources into genuine gold.
WHY YOU SHOULD CHOOSE DIGITAL COIN?
Protection from instability and portfolio expansion
You will have the opportunity to invest in gold tokenized and disentangled by GOLD
Dependable computerized in addition to for helpful capacity and secure exchanges
Option in contrast to antiquated FIAT-based stablecoins
Ideal advanced blessing with brilliant worth
Shield your reserve funds from swelling
Digital Gold Token
The GOLD token is a stablecoin implied for ordinary utilize even as particularly like for worth conservation capacities. after you buy GOLD, you get the comparing amount of physical gold bullion held at secure vault stockpiling.
Claim physical gold while staying individual
There is no should unveil your own information that is expected to get physical gold at bank or vault
Store worth in addition to with a set up journal of thousands of years
Gold's exceptional future getting power security has made it the asylum in addition to of option and fence against market unpredictability
Make free exchanges
No buy or deal limits
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
WHITE PAPER: https://gold.storage/wp.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=5161544
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.