DIGITAL GOLD- The New Gold Standard
As the financial markets keep growing, Gold and digital currencies are two assets that are today viewed as potential hedges against market breakdown, market panic and volatile markets. In some cases assets such as these are considered as safe havens in uncertain times like we experienced few months back that was caused by the global pandemic caused by COVID19. These assets mentioned above exist in two different worlds, just how different are they…. in simple terms one exists in a physical form that can be carried, stored in a vault and all what you would want to do with it and the other takes up a digital form. Another difference which could be a fun fact is gold is as old as the earth itself while the other almost getting to be a teenager. If we spoke of physical appearance one is shiny and the other assets exists in ones and zeros( binary or digital form if you like). With all these underlining differences is there a way to unite the two and bring two complete different worlds together and make them timeless assets? Well, our answer lies with project DIGITAL GOLD!!
What is Digital Gold you might ask? Digital Gold is a blockchain based project designed to bridge real world assets to digital assets by tokenization and the world assets here been GOLD. If you are are tech savvy and interested in fintech business you might know this that many first generation cryptocurrencies likw bitcoin are quite volatile because they have no backing and based on speculation but regardless this digital currency has a huge loyal community and what better way to tap into the blockchain technology using digital gold.
Unlike most cryptocurrencies, Digital Gold is a stable coin which means its backed by something in this case REAL Gold. Why gold and not other assets? Well, unlike most assets out there gold remains the most stable and reliable asset because its not exposed to high volatility which also guarantees investment safety.History has also shown us how volatile and unforgiving assets like the US dollar can be on financial markets, if the two assets are compared dating back from the 1900s records show the us dollar has fallen in price by 98%. while gold has increased by almost 54 times which is no brainer here GOLD WINS!!
WHY DIGITAL GOLD?
Getting your hands on physical gold has its on fair of problems like purchasing and storing real gold could expose you to legal compliance issues depending on your jurisdiction, disclosure of identities during operations, the risk of having accounts blocked in case of suspected money laundering, trade restrictions in some countries or the greater risks of storing gold at home can bring. To avoid all this opting for the digital gold is by all means the way to go.
HOW IT ALL WORKS
Interested parties can buy digital gold on the digital gold platform by means of a smart contract instantly from their comfort of their homes without disclosing their identities which is something you can not do with physical gold. Digital Gold coin users can confidentially store, buy and sell gold using the gold token and send it anywhere in the world without boarders to worry about or hiring security personnel. The gold token is based on the standard Ethereum ERC 20 token one of the longest smart contract blockchains.
Why You Should Get Digital Gold
-A low-cost token that entails no transfer fees
-You get the opportunity to diversify portfolios, and keep wealth in a digital safe that can be accessed at any given time.
-Secure gold ownership
-High liquidity Digital Gold
-A private gold ownership experience
-Guaranteed long term life expectancy of purchased GOLD
DIGITAL GOLD MARKETPLACE
You got some Digital Gold now you would be wondering where can you find a marketplace for your digital gold, well worry not there is an embedded marketplace found on the Digital Gold website which you can access this by going to the link provided https://gold.storage/market and other exchanges will have it listed either on a decentralized exchange or centralized exchange .
Market price is always shown which you can use to calculate how much your portfolio is worth.With all this information at your disposal visit the links below to learn more about the digital gold project.
MORE INFORMATION
WEBSITE : https://gold.storage/
WHITEPAPER : https://gold.storage/wp/White_paper_en.pdf
ANN : https://bitcointalk.org/index.php?topic=5161544
TELEGRAM : https://t.me/digitalgoldcoin
TWITTER : https://twitter.com/gold_erc20
AUTHOR INFORMATION
BITCOINTALK USERNAME : Woodie
