DIGITAL GOLD :- SAFEGUARD YOUR SAVINGS FROM INFLATION
It is very clear that the majority individuals usually store their wealth in gold. They invest their money in gold for a long time because the gold is the only viable investment that hardly depreciate and also have hedge over issues of inflation which use to battle with other investments like stocks and bonds. Those that put their savings in stocks or bonds are are always at risk of losing their savings if inflation or any economic crisis occurred. Gold investment happens to be the only means of storing values which have not affected by inflation or economic crisis.
With the record of stocks market falling and rising, bond is also shaking, while dollars do lost its value often and often, gold is champion for storing value and the only means to protect your savings from inflation or economic crisis. It always has a high purchasing power which is one of the reasons why its price usually goes higher.
GOLD TOKEN
The GOLD token was a token launched by Digital Gold to tokenize and stands as the bridge between physical gold and fiats or cryptocurrency. The GOLD token was created to provide an effective way of acquiring physical gold in a cost-efficient ways. The platform want the people that do save their values in gold to enjoy the benefits of blockchain and cryptocurrency. The GOLD token is an Erc-20 standard Ethereum token. It could be stored and transfer within ethereum wallet with the help of smart contracts. The GOLD token is also the only means the gold owners could pay only 1% as the annual storage fees.
The GOLD token has an advantage over all other blockchain assets in the sense that that are 100% backed by physical gold while others only depends on the market predictions. Since the value of physical gold usually stay stable, it shows the value of GOLD token will also be stable and it is going to be the most stable assets in the crypto market at large.
The GOLD token will be available on Digital Gold official website and also available at cryptocurrency exchange. All transactions that will be executed with GOLD token is totally free.
A CANDID ADVISE FOR CRYPTOCURRENCY INVESTORS
You must have been investing in cryptocurrencies without having rest of mind of what market might look like in the following day; listen, GOLD token is the real deal and the only alternative to other fiat based stablecoin. If you want to fix the value of your crypto investment, GOLD token is simply the answer. There is a tendency for your asset to maintain a higher value just as the value of physical gold keep rising. The GOLD token does not get affected with market volatility, rather the price maintain stability for long time just as gold has proved to us for some time now.
ADVANTAGES OF DIGITAL GOLD
- Your GOLD is Secured
The GOLD token is 100% backed by physical gold and the quantity of GOLD token released is equivalent to the real gold stored in the BullionStar vault. The gold stored in BullionStar vault are all insured with Chubb Insurance platform. So just as your gold is highly secured, it is also insured. Incase if there is any lost or disaster, the insurance will cover it and replacement it according to the value. We must embrace this ideology because if we decided to store gold in our home, we are risking it and thieves can burgle your home and take it away, while if we decided to store it in bank, we are to pay a huge some of money as storage fees.
- The GOLD market has High Liquidity
Liquidity is one of the challenges traders face while trading cryptocurrencies in a marketplace. But it is a total different case in Digital Gold ecosystem. There are a lot of market liquidity for investors to buy and sell GOLD token at any quantity of their choice. The market is available 24/7 to buy and sell the GOLD token without limitation of restrictions. Everybody can access the GOLD market so far you have a device that can connect to the internet.
- Privacy
The GOLD token is a privacy conscious of being a gold owners. The holders don't undergo the stress of showcasing their personal information as the case has been in that of acquiring physical gold. However, with this opportunity, you can own the physical gold and still remain anonymous or private.
HOW TO KNOW THE QUANTITY OF GOLD TOKEN OR PHYSICAL GOLD IN CIRCULATION
Individuals can view the quantity of GOLD token that is the circulation by checking ethereum blockchain explorer. The quantity of Gold release is equivalent to the value of physical gold stored in BullionStar vault which is located in Singapore.
You can as well know the quantity of gold in circulation by following up the audit update from BullionStar platform.
1 GOLD = 99.9% GRAM OF PURE GOLD
Currently, the GOLD token has a total 7200 tokens on circulation which worth about $345,672 dollars now. This is also means there are 7200 grams of physical gold now in the circulation which is worth the same price ($345,672)
GOLD TOKEN CAN BE USE TO GET A GIFT FOR YOUR LOVES ONE
You might be dreaming to gift a gold to your loved one, the GOLD token can be used rather. From your wallet, you can easily transfer the amount of gold you wish to send them.
IN SUMMARY,
If you want to protect your savings and investment from volatililty and portfolio diversification, just locate GOLD token. The GOLD token is a simple way of investing in gold tokenization. The GOLD token is the most reliable assets that can be easily store and secure for transactions.
You can get more knowledge about this platform from these links
Official Website: https://gold.storage
Whitepaper: https://gold.storage/wp.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5161544.0
Medium – https://medium.com/@digitalgoldcoin
Telegram Group: https://t.me/digitalgoldcoin
Twitter: https://twitter.com/gold_erc20
Reddit: https://www.reddit.com/r/golderc20/
Facebook: https://facebook.com/golderc20
Cryptex Exchange: https://cryptex.net/
Digital Gold Marketplace: https://gold.storage/market
Writer's Details:
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=2662044
Author: wjaytur
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