Digital Gold - Revolution Of Gold

bangkecol (6)in #digitalgold • 4 years ago

In our modern fast-moving world is become popular to have a passive income and to invest money in many ways. For example:

Investment Growth

The Stock Market
Investment Bonds
Mutual Funds
Savings Accounts
Physical Commodities

But a big amount of investment tooks have high risks and you can lose all your money if you wont learn how to do it well. Also, there are low and stable investment tools.

Physical commodities

Physical commodities, such investments that you physically own, such as gold or silver. These physical commodities often serve as a safeguard against hard economic times.

To my mind it is one of the best way to save your money, because Gold grows every year, it is stable, it exists more than 7 thousand years, it resists from inflation and many other advantages of Gold I can count, but it doesn't matter, because it despite enormous of pluses we have 1 serious minus. No roses without thorns. I mean that we cant move gold easy and fast and everybody knows it…

Digital Gold – is a blockchain-based project, designed to encourage the digitization 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.

The GOLD token is pegged to the value of the gold spot price, thus also acting as a stablecoin. This makes it useful for protecting against market volatility on the cryptocurrency market, while also allowing users to benefit from long-term gold price uptrends.

On the project page https://gold.storage/en-US/audits everybody can easily find live audits reports with all detailed pieces of information about gold in the storage.

This is very easy to validate certificates because Digital Gold provides storage live audit data on the page and everyone can check everything carefully https://www.bullionstar.com/myaccount/audit.

Liquidity is ensured at all times, granted that independent live audits can be verified to cross-check the number of tokens in circulation, with the amount of vault-stored gold. The value of gold bullion can be verified in real-time with BullionStar’s Live Audit Reports.

A quarterly report by 3rd party auditor confirming the value of Digital Gold’s bullion portfolio at BullionStar vault storage will be also available by Q3, 2019. The GOLD token ensures high liquidity, since the token issuer company, DIGITAL GOLD LTD, also works as a liquidity supplier.

Users are permitted to instantly purchase and sell large amounts of tokens, via the Digital Gold Marketplace, or partner exchanges. Another benefit worth pointing out is that with Digital Gold, customers do not have to consider local business hours since the service is available 24/7. Liquidity is therefore available on-demand, and the rates always closely match current gold market prices.

We have to remember that thanks to its Ethereum ERC-20 support, customers can choose to send the GOLD token anywhere in the world, without having to worry about volatile transfer fees, since all transfers are free. Digital Gold users are also permitted to make unlimited payments, as the service does not impose account limits. Users should note that transfers still entail the ‘gas’ tax charged by the Ethereum network.

The GOLD token has been designed to act as a stablecoin, pegged to the price of gold. When it comes down to stablecoins, they are generally pegged to other assets or currencies, but are also collateralized. This means that the number of coins put into circulation is directly backed by assets that are stored in company reserves. This way, user tokens are protected against high-market volatility, whereas the value of the tokens remains stable through time. These aspects fully apply to the GOLD token, thanks to its stablecoin status.

Apart from being a stablecoin, the GOLD token is an ERC-20 compatible token that is based directly on the Ethereum blockchain. This means that users can expect to leverage all of the advantages associated with the Ethereum blockchain, including instant transactions, immutability, fund security, automatic records, and smart contract functionality. As such, any purchase of the GOLD token is carried out via Ethereum-based smart contracts. Additionally, smart contract functionality also ensures that the number of coins in circulation remains equal to the amount of gold being stored in the vaults.

GOLD smart-contract was audited by ChainSecurity – one of the leading and world-famous Swiss companies with well-experienced experts that specialize in blockchain security. And if all this was not enough to convince you all this gold stored in vaults is fully insured by a leading insurance company.

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.

GOLD can be bought and sold instantly on a number of exchanges or on our 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.

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

GOLD TOKEN – ALTERNATIVE TO TRADITIONAL FIAT-BASED STABLECOINS

GOLD token is exactly what you need if you would like to fixate the value of your crypto assets. Your assets will retain their value as every GOLD token is backed by physical gold stored in a secure vault facility. High volatility is unlikely to affect GOLD token as its price depends only on the market price of gold. Stability of long term gold price is unprecedented making GOLD a great alternative to USD or EUR-linked stablecoins.

HEDGE AGAINST MARKET VOLATILITY AND A GREAT WAY TO DIVERSIFY PORTFOLIO

GOLD token is a low volatility stable digital asset. GOLD is backed by physical gold and its price is pegged to the market price of gold. Additionally an excellent asset for portfolio diversification due to its transparency where anyone can match the number of issued GOLD tokens against the amount of physical gold in vault storage held by our company. The GOLD token is a true safe heaven for cryptocurrency investors in times of market volatility.

INVESTMENT IN GOLD TOKENIZED AND SIMPLIFIED BY GOLD

GOLD token is an excellent opportunity for investors looking for a simple way to purchase gold bullion bars and stable digital assets. The value of GOLD is pegged to gold market price and our platform enables you to purchase a transparent and stable digital asset. Owning a GOLD token is similar to owning the physical gold as each GOLD token is backed by gold bullion bars to ensure the value of issued tokens. The purchase of GOLD tokens takes just a few minutes, which makes GOLD token one of the easiest ways to quickly invest in real gold.

Digital Gold is a project worth our attention. The gold was just tokenized and now we can purchase and store gold anonymously using GOLD tokens without even leaving the home with a couple of clicks. Even better because we can sell them right away on Marketplace because is pegged to the gold price and liquidity is provided by the project operator.

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Physical commodities

Digital Gold - Revolution Of Gold