FIRST 100% LIQUID STABLECOIN BACKED BY GOLD
I am glad to live in this era and I really appreciate the efforts of people who have already done so much into contributing to improvements in technology; the benefits of which we are utilizing now and appreciate the technology itself, which allow us to present our ideas, and their transformation into a working product, to your cryptocurrency, is a revolutionary idea taking birth in the form of Bitcoin. It has now expanded to various genius ideas, providing opportunities to people improving the business ethicality, making the concept of the world as a global economy a truth, and much more.
From studies did in blockchain innovation it is demonstrated that investors an bounty hunters have been enduring in the possession of a few cryptos, after contributing on them through their ICO/IEO or working them through distribution via web-based networking media channels.
investors and bounty hunters consistently think that its hard to pick up from their speculation or endeavors in their distribution via web-based networking media channels, in light of the fact that after they completed their ICO/IEO when they list the coin on trade it exertion nothing.
For example, what befell my exceptionally self I worked for AZBI project, the task went on for one month, when the undertaking end I was paid 43,179 bits of AZBI token. As of now, the token is in return and my 43,179 bits of AZBI token are worthying 1.39 USD which extremely awful for investor and bounty hunters.
Since every one of these issues that investor and bounty hunters have been in the possession of digital currency GOLD STABLECOIN has started an extraordinary new creative thought that will destroy these issues referenced previously.
Mine follow investor and bounty hunters Gold stablecoin is a sort of undertaking will put resources into or work for, in light of the fact that in the wake of putting resources into or working for GOLD STABLECOIN you will all pick up your reward to a great extent as indicated by your speculation or work on GOLD stablecoin
WHY GOLD STABLECOIN
Why I think GOLD stablecoin is a reasonable and promising undertaking to put resources into or work is that gold for as far back as a large number of years gold has been utilized to put away riches around the world, and with gold one can simply become wealthy on the planet today due to it esteem within reach.
For this am very much happy to tell the whole world that one GOLD STABLECOIN is worthy one gram of gold 99.99% FINE if you convert it to USD it worthy 46 USD
In GOLD STABLECOIN there is no ICO or crowdfunding, it is just personal funding
BENEFITS OF GOLD STABLECOIN
A LOW-COST TOKEN THAT ENTAILS NO TRANSFER FEES
Thanks to its Ethereum ERC-20 support, customers can choose to send the token anywhere in the world, without having to worry about volatile transfer fees, since all transfers are free. 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.
To make the project sustainable, a service cost has been implemented. As such, GOLD token users can expect to have a small percentage of their holdings charged on a daily basis. It is important to consider that the service cost is designed to be either comparable or lower than the fees associated with storing gold at a depository or bank. Users can expect to pay a 0.99% annual storage fee.
SECURE GOLD OWNERSHIP
The challenges related to purchasing and storing gold have been briefly outlined above. The process generally involves quite a bit of hassle. To purchase gold, those who are interested need to find a reliable supplier, handle paperwork, and then proceed to secure the newly-purchased precious metal. Hosting it in a bank is a safe choice, yet it involves even more paperwork, alongside storage fees. The inherent dangers associated with storing gold at home are well-known, since to this day, burglary remains a problem that society has to protect against. These challenges can be disregarded with Digital Gold. With the GOLD token, customers purchase coverage in actual gold, stored by the company in secure vaults. All physical gold is insured, therefore the risks are minimal. All risks are covered at full replacement value. The insurance contract is currently provided by one of the world’s largest insurance underwriters, the Chubb Insurance Company. The insured gold is stored in Singapore, which is a perfectly-viable location thanks to its strong property rights. It is also relevant to mention that blockchain technology provides security against cyber-risks as well. So far, blockchain remains impenetrable, granted that no public blockchain ledger has been hacked to this day. Security on the user-side can be ensured as long as token users protect themselves against key-loggers and other forms of computer malware. However, no third party can gain access to a user account without discovering the wallet identifier and the associated private key. Additionally, blockchain immutability ensures that all transactions are permanent, thus token users face no chargeback risk. Lastly, 100% of purchased tokens are covered by physical gold. With this in mind, the total amount of GOLD tokens put into circulation can be confirmed via any Ethereum block explorer. The amount is equal to the value of physical gold that is purchased on behalf of consumers and stored in a BullionStarbased secure vault. Users are free to carry out their due diligence by verifying the BullionStar live audit reports. As such, a third-party audit report is issued on a quarterly basis, thus confirming the value of gold being stored.
High liquidity Digital Gold 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.
A PRIVATE GOLD OWNERSHIP EXPERIENCE
As briefly mentioned above, dealing with physical gold entails that users disclose personal information to remain in compliance with national regulatory frameworks. The general lack of standardization backed by the sheer amount of data collection has led to the appearance of a society that is more privacy-conscious. The GOLD token allows for physical gold ownership while remaining private.
GUARANTEED LONG-TERM LIFE EXPECTANCY OF PURCHASED GOLD
Most financial analysts agree that the life expectancy of gold vastly outweighs our own. This conclusion is backed by the Lindy Effect, a concept that describes how the future life expectancy of an asset is directly proportional to its current age. Gold’s prevalence for thousands of years guarantees that the precious metal will remain relevant for many years to come.
ROAD MAP
For information please follow GOLD STABLCOIN on the following social media channels
https://gold.storage/
https://twitter.com/gold_erc20
https://www.youtube.com/channel/UCUo-D88vDTvntg2QhxDqBGQ/
https://steemit.com/@digitalgoldcoin
https://www.reddit.com/r/golderc20
Author: youngemrys22
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2819186