Digital Gold - Digitalizing Real Gold & Redefining the Concept of StablecoinsteemCreated with Sketch.

in #stablecoin5 years ago

GOLD is a digital crypto currency asset (token) backed up by physical gold and issued on the etherum blockchain (ERC-20) which is purchased every time a token is issued and stored securely.

GOLD token is the safe, convenient and quick solution that serves many purposes from investment and portfolio diversification that I discussed earlier in a bid to ensure the security of every transactions you make as a crypto currency enthusiast as well as the gifts you send to your relatives.

GOLD is a transparent financial asset unlike the banking system with so many secrets, with Gold as a token, the physical gold purchased by the Gold company is easily matched in real time against the amount of issued Digital Gold tokens. And we only have atleast 7,200 Gold tokens minted for use.

Long Term Investment In DigitalGold

Digital gold investment is a suitable alternative for investors who want quick profits. Digital gold price fluctuations that are large enough cannot guarantee that investors will get large profits in a short time. As previously stated that the tendency of the price of gold to rise is a fairly long process, meaning that to benefit from the difference between the purchase price and high selling prices cannot be done in a short time. The fluctuations in the price of gold were also influenced by factors of national currency exchange rates against foreign currencies — which is now a hot conversation because it was allegedly going to match the events of 1998 where US $ 1 was equivalent. Another cause is the financial condition of the people of a certain area. When the community is in good financial condition, other investments that promise higher returns in a shorter period of time such as company stock investments look more attractive and promising.

Advantages of Investing in Digital Gold

  • A No Transfer Fee Mесhаnіѕm

Let me amaze you that any transfer of gold token within the platform is absolutely free without no fee no matter the worth of the token. This is absolutely amazing and it is one thing that many will want to explore and experience.

  • Frее Aѕѕеt Sесurіtу

Having this token means that you have real physical gold as I have indicated before that each token is being backed by 99.9% of real physical gold. Therefore with this, it means that you will be enjoying storage of their gold assets without paying for storage and security of it which cannot be found in traditional gold storage services. In this conventional platforms, you will have to pay huge fees to store your gold, charges and some hidden security services fees.

The advantages of the GOLD Stablecoin:

  • security Issues arise when you receive physical gold. You must find a safe enough place to hide your gold. Most investors hide their gold in secret compartments of a house we call a pillow. This is a big risk for your investment. If you hide your gold under your pillow, you will definitely make thieves very happy. In the new system created by Digital GOLD, you can sleep peacefully in your homes while the gold is stored in a reliable steel safe. Security should be a top priority in every investment.
  • If you keep your gold in the Bank, you pay high commissions for November each period. GOLD Stablecoin is the ethereum token based on the ERC-20. Whether you want a paper wallet or a hardware wallet, you can safely store your gold for free.
  • Buying and selling gold is a difficult business and when you perform this action through a Bank you have to pay high costs. Every time you transfer or buy or sell, banks take money from you called a fee. In the GOLD Stablecoin system, you can freely transfer your gold. If you want through your own website, you can easily buy and sell gold tokens through brokerage firms. Performing this action without liquidity issues will be quite enjoyable.
  • another important feature is the privacy that the Gold token will provide you. When you buy and sell gold in a jewelry store or Bank, everyone will know how much of your gold or who you are. GOLD Stablecoin allows you to quickly perform these operations without revealing your identity.

DigitalGold Marketplace

This platform is further creating a marketplace for gold business where investors can easily buy, sell and transfer gold. Right on the platform https://gold.storage/market, you will able to buy, sell and transfer gold with GOLD token. The platform also partner with other Exchange in buying and selling of GOLD i.e Cryptex (https://cryptex.net/). The Digital Marketplace are user-friendly and they offer adequate services to the users of the marketplace. This medium will be used to easily facilitate and effectively buy and sell Gold in ease.

How to purchase GOLD

Purchasing GOLD could not be any easier, the DIGITAL GOLD platform is a fully functional ecosystem which has its own marketplace. GOLD tokens can easily be exchanged for cryptocurrencies like Bitcoin and Ether.

The marketplace is equipped with basic tools to assist with market analysis and price projection. The purchase and sale system is controlled by smart contracts, allowing for seamless transactions. Customer support is also readily available to assist individuals with queries and other relevant information on accessing the marketplace and other features of the platform.

In order to facilitate further liquidity for GOLD, it will be listed on more exchanges. GOLD is also available for purchase on Cryptex.

Conclusion

This innovative Digital Gold platform offers an array of solutions to the issues of buying, selling and storing of gold assets and the service charges for doing those three core things are absolutely free. The platform also redefined the concept of stablecoin by creating a token that is backed by asset that don't depreciate with time thereby eliminating the risk of inflation. This is truly an amazing feat that will be with us for a very long time.

More Detail Information DigitalGold :

Website : https://gold.storage
Telegram : https://t.me/digitalgoldcoin
Twitter : https://twitter.com/gold_erc20
Whitepaper : https://gold.storage/wp.pdf
Medium : https://medium.com/@digitalgoldcoin

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