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5 лет назад

DIGITAL GOLD : ADDING VALUE TO A VALUABLE ASSET

DIGITIZING GOLD
For as long as man can remember gold has been a valuable asset, and a means of gathering wealth. Gold has continually increased in value even as the year runs into decades and decades into centuries.
The only issue confronting the trading of gold is the risk involved, this has made so many people to shy away from venturing into gold business. Mind you gold has not lost value and will not loose value, but the trading of gold is really poor, since no one would want to involve his/herself in an unnecessary risk.
But over the years,the digital ecosystem has experienced a smarter and more efficient storage system and management. There has been a couple of big changes in the digital ecosystem, and this change will take its place in the gold trading place.

What Is Digital Gold?

Since the trading of gold is highly risky, and though people are willing to trade but are shooed away by the risk involved, the Digital Gold project thought to themselves, why not make gold digital?. So they came out with this strategy, to make gold digital and effective enough to be used in trading. People gets discouraged to trade gold because they feel that it can't be monetized, so they just back off. So back to the question, what is Digital Gold? it is a project that is blockchain based and is designed to bring about the digitization of financial markets and their investment instruments. It will enable users to buy coverage in physical gold through the ERC-20 Ethereum-based GOLD token.

Digital Gold A Stablecoin

The Digital Gold token (GOLD token) is pegged to other assets and currencies, they are also collateralize, this simply means that the amount of coins in circulation is automatically backed up by the assets that are stored in several company reserves. This helps users protect their token against high-market volatility. During this time the value of the token remains stable.

Benefits Of Digital Gold

  • A low-cost token that entails no transfer fees : Via the help of Ethereum ERC-20 users all over the world can transfer and send token to any part ofthe world without the fear of paying an ambiguous price.

  • A private gold ownership experience : the Digital Gold Project will allow for a physical ownership even while keeping it private.

  • Guaranteed long-term life expectancy of purchased GOLD: the Digital Gold platform will ensure that the value of the gold bought will not depreciate but rather appreciates, since gold in itself has a long term span.

Wallets Where Gold token Can Be Stored

  • MetaMask : This wallet gives users the privilege to store Ether and tokens, it also grants them access to decentralized applications. NB; this wallet is mostly for users that prefers browser extensions.
  • Guarda : users are able to store, receive, send, transact and stake their coins with no restriction. This is easy because Guarda supports various cryptocurrency, that includes ERC-20 token.
  • Trezor : Trezor is another hardware wallet that supports GOLD token, this wallet grants users to have unrestricted access to secured services.
  • MyEther Wallet : this wallet offers a huge user interface, it also ensures the facilitation of token-based transactions, this also includes Smart Contracts. Mind you this wallet is considered one of the best ETH and token wallets.

  • Ledger Nano S : this hardware wallet supports the plethora of digital currencies and ERC-20 tokens.
    Features Of Digital Gold
  • High liquidity Digital Gold : the DIGITAL GOLD LTD is a token issuing company and it ensures high liquidity, it also serves as a liquidity supplier. The permission to instantly transact large number of tokens is given to users through the Digital Gold Market Place.
  • Secure gold ownership ; via the GOLD token users are able purchase and store gold without any fear of risk.
  • Opportunity to diversify portfolios, and keep wealth in safe haven : since gold is an asset that has maintained its value for dozens of years, digitizing it will make way for it to become a giant of improving value in the world.

Conclusion

An asset as gold has for a long time hold a strong place of value, not minding the fluctuation, inflation and deflation in several other precious metal, it has refused to move from its hold. With this the Digital Gold project decided to add more shine and shimmer to the already valuable asset.Since its hard to store and transaction with physical gold, Digital Gold made gold virtual to reduce the process of having to to fill some paper work, pay some money or saved the interrogation of the source of your gold, so Digital Gold is taking you to a safer marketplace for Gold.

Digital Gold ANN : https://bitcointalk.org/index.php?topic=5161544
Digital Gold Whitepaper : https://gold.storage/wp.pdf
Digital Gold Website : https://gold.storage/home
Digital Gold Bounty : https://bitcointalk.org/index.php?topic=5164058
Digital Gold Medium : https://medium.com/@digitalgoldcoin
Digital Gold Facebook : https://www.facebook.com/golderc20
Digital Gold Tewitter : https://twitter.com/gold_erc20
Digital Gold Telegram : https://t.me/digitalgoldcoin

Writers Details

BTT Username: Elmichaels
BTT link: https://bitcointalk.org/index.php?action=profile;u=1243790

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