Digital Gold And Crypto Revolution
INTRODUCTION
Cryptocurrencies are some of the amazing technological developments that have been tested by many financial experts over time and has been found to having a solid bedrock. It is in this vein therefore that many companies and organisations have adopted this massive movement not only to boost their businesses but it a form of finance tool that brings people together faster without having to involve a third party. Although, this would cause quite a lot of issues with already established financial key players in the fiat world. Daily, therefore, Cryptocurrencies that can achieve this great financial evolution as constantly rolling out ideas as it comes. However, a unique focus is placed on this project which is "Digital Gold". This article is therefore aimed at stimulating the mind on this powerful project.
What is Digital Gold any Spark?
Digital Gold is designed as a blockchain-based project, designed to encourage the digitalization of the money markets and their receptive investment instruments. It hopes to attain this by enabling users to get coverage in physical gold, via the ERC-20 Ethereum-based GOLD token. The project holds varied blessings for its users, the gold market, but also for blockchain technology as an entire. With this in mind, customers will use the platform to instantly purchase the GOLD token, every coin being capable one gram of ninety-nine .99% FINE gold that's stored within the company’s vaults. As such, the tokens alter users to indirectly use gold to form financial transactions or to leverage it as a wealth storage technique. This is achieved while not requiring users to follow sophisticated procedures.
Purpose for Existence
Before specializing in the Digital Gold project in-depth, it's applicable to administer a bit of perspective on why digitized gold is very relevant for the cryptocurrency market. Currently, the money market holds many large gold exchange-traded funds (ETFs), with huge amounts of funds. as an example, the SPDR Gold Shares (GLD) presently incorporates a market cap of over $36 billion, so proving that gold remains a gorgeous plus for individuals worldwide. the overall price of the gold market cap is troublesome to see, nonetheless, it exceeds the $100 billion thresholds.
Amazing Digital Gold Features
One of the many reasons a project makes wave is as a result of its features which would also serve as a selling point to potential investors. The current cryptocurrency market conditions sometimes involve volatile worth swings, so giving all purchases a bad issue. Most of the currentlyavailable coins don't seem to be trusty to stay their worth within the semipermanent, because the market is still in its nascency. However, gold represents a money quality that has control its price for thousands of years. With time, it gave holders access to unexampled buying power backed by stability.
The Digital Gold Market Place
To facilitate a straightforward, effective and economical purchase/sale system, the Digital Gold project has opted for the creation of a marketplace. By mistreatment the Digital Gold Marketplace, users will merely fill out a kind that initiates a sensible contract, which then transfers the newly-minted GOLD tokens. The Marketplace acts as the best selection for GOLD token purchases and sales because it permits users to hold out these transactions instantly.
Final Analysis
Digital gold is being designed to be a very secure crypto asset and has been established by the minds of experienced digital currency expert. What makes this project unique is seen in the value of the gold asset on its own. Which shows that this project has it in mind to be here for a very long time. It just goes to show as well that Cryptocurrencies are gaining more ground every day and has the lower to continue to shake the world as it's being created. However a close study of the projects white paper would be a very wise choice as more justice would be done in this regard to the projects knowledge.
Website: https://gold.storage/
ANN.: https://bitcointalk.org/index.php?topic=5161544
TWITTER: https://twitter.com/gold_erc20
TELEGRAM : https://t.me/digitalgoldcoin
WHITEPAPER: https://gold.storage/wp.pdf
Writer BTT: https://bitcointalk.org/index.php?action=profile;u=1223251
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