Introduction:

From centuries, purchasing and storing of assets have been a big part of a long-term property saving method. People from different cultures, backgrounds and geographical establishments have used different kinds of assets to store money for long term. Those assets could be anything from a small vase to a precious metal.
Among those precious metals, Gold have been the most used metallic existent for storing wealth. People that didn’t have enough wealth had probably stored other stuff, but the ones who could afford it, had always preferred Gold to be their long-term investment asset to buy and store.
Even though, the usage of the precious metal is huge from centuries, it still has a lot of factors that decreases the potential usage of it.

Digital GOLD is deemed to be the solution for all the hassles that doesn’t allow every single person from having access to the traditional precious metal.
Based and operated on the Ethereum public chain, and constructed using Ethereum smart-contracts, DIGITAL GOLD is an ERC-20 token that is backed with physical gold. Every single token in circulation equals to 1 gram of pure physical gold that is kept in physical vaults located in Singapore. So, if you own GOLD tokens, it indirectly means that you have the ownership of physical Gold safely stored for you in a very safe vault.

Salient Features:

• No Transfer Fees
  Having no account restrictions, a user can make as many transactions as they want without having to pay anything extra for doing so. Except, the network gas fees for Ethereum Blockchain that is used to reward the nodes for processing transactions.

• No Volatility
  Most of the times, a decentralized currency or a cryptocurrency has the nature of going up and down from its starting price, which makes it risky for an investor. With DIGITAL GOLD, there is no risk regarding that, since the price of the token is based on the market price of physical Gold at that exact time, and we all know that how stable the price of Gold is.

• Security
  The biggest problem of purchasing and storing physical gold is the security risks that include thefts and other kind of risks a person faces. But, there is no risk if your Gold is stored securely for you. All you do is buy tokens, and your physical Gold securely stored in the vaults. All the Gold kept in the vault are insured as well, which minimizes the risks even more.

• High Liquidity
  The in-built marketplace provides 24/7 liquidity opportunities for token holders. Users can buy or sell tokens, in almost the same price that the physical Gold marketplace is going at, anytime they want right from the Digital Gold website, or using exchanges that support the token.

• Privacy
  With traditional asset purchasing, a person would require to go through a very complicated and regulated process asking for personal information and all, but with DIGITAL GOLD, a user doesn’t need to do any of that. A person can now own Gold while being completely private about it.

Purchasing Tokens

The project has provided its consumers with a built-in marketplace for buying or selling GOLD Tokens.
The marketplace displays the prices of current physical Gold price, the price of purchasing of tokens, and the price of redemption. These prices are shown in both BTC and ETH.
A consumer would simply need to select the cryptocurrency they want to use for the purchase, then select the amount of tokens they want to purchase and then click on ‘Exchange’. A smart-contract would be generated in the background once the user completes the process following all the instructions, and they will have their tokens transferred in their ERC-20 wallet right after that.

Digital GOLD's Related Links:

Website: https://gold.storage/
Whitepaper: https://gold.storage/wp.pdf
Telegram Group: https://t.me/digitalgoldcoin
ANN Thread: https://bitcointalk.org/index.php?topic=5161544