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Digital gold : evolving the gold market.

achimugu06Aug 31, 2019, 8:03:41 PM
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Digital gold an ethereum based block chain platform for storing and buying gold with a garuanted security.

The digital gold platform help consumers or interested investors who are keen in buying and storing gold but face complications such as strict legal procedures and process, adequate security and process of involving a third party, limited country availability, trading limits and invasive request for personal information to buy and store gold as digital gold tokens which can be done anonymously without much request for information.

WHY DIGITAL GOLD

some may ask why should I buy digital gold? Well the reason are simple ;

LOW COST STORAGE WITH NO TRANFER FEE

As with the normal conventional way were one has to go through a broker most time to purchase a gold which is usually associated with a broker fee the digital gold allows user to buy it gold it gold token and transfer them anywhere in the world with no additional transfer or transactions fees. Except the normal little gas tax charged by the ethereum block chain network and an annual storage fee of less than one percent.

SECURE GOLD OWNERSHIP

Owing the digital gold token comes with a guaranteed security by abolishing the hassle involved in purchasing the physical gold such as ;

1. were one has to find and locate A trusted and reliable gold supplier.

2. were one has to handle or solve the problem on long time consuming paper work process.

3. physically securing the acquired precious metal gold either by keeping it in the bank which still involves more paper work or at home with the risk of theft and burglary

With all the high problem alone it is safer to use the block chain in purchasing gold. In addition to it been immune to cyber risk as it has never been hacked before and will never be it also offer security at the user end so far the user follows the normal internet security guidelines.

HIGH LIQUIDITY DIGITAL GOLD

Having a high volume of activities associated with the digital gold token, users can acquire, store and sell huge amounts of gold token via it market place or exchange platform any time of the day, week, month and years. As it has no restrictions on on local business hours .

BEEN ANONYMOUS WITH OWNERSSHIP EXPERIENCES

Been more privacy conscious more than the physical gold with which customer has to disclose they personal information the gold platform allow user to purchase, store and sell gold while remaining private and anonymous.

OPPORTUNITY OF A DEVERSIFED PORTOFILIO

Digital gold a stable coin representing a financial asset that has been stable and kept it value for a thousands of years. This help user to predict purchasing power backed up with by stability as gold as gold is a major safe asset to own on earth for wealth storage .

It also come with the ability of instant trading adding to the power full customers Cryptocurrency portfolio

LONG LIFE EXPECTANCY FOR PURCHASED GOLD

Ever heard of lindy’s effect? well lindys is a concept that states that

“the future life expectancy of some non perishable things like technology or idea is directly proportional to it current age for that additional prove of survival. “

Applying these to the gold commodity which is no doubt has been in existence form time immemorial has stand a test of time an so it gruarantee that it will remain and coontunie to truce for thousands of years to come.

THE GOLD EXCHANGE AND PLATFORM

The gold token acting as stable coin pegged to to other assets and currency is an ER 20 token compactibke with ethereum block chain. The gold token with this leverage the the industry standard. for issuing digital asset and smart contact by conforming to the ER 20.

The gold token is also compactible with existing ethereum wallets and infrastructures such as my ether wallet, metamask, Gudar And also the hard wallet Trezor this also help eliminate the issue of distrust and security in addition to the Cryptocurrency security standard ISMS.

ROADMAP

Last quarter of 2018 the idea was born with teem formation and legal setup.

First quarter of 2019 was the development of a web based platform, smart contact and partnership with bullion star.

Second quarter withnessed the launch of. it official storage market with list of it first stage exchange and liquidity support .

Third quarter in hope to launch the gold wallet which will be available on both iOS and Android devices along with global localizations of web and mobile platform.

Fourth quarter will be listing of it second stage exchange with Annual audit.

2020 first quarter will exploring new markets and collaboration with existing leading block chain markets.

For more information visit;

Ann thread

https://bitcointalk.org/index.php?topic=5161544

Website ; https://gold.storage/

Facebook: https://www.facebook.com/golderc20

BitcoinTalk id ; Achimugu06

My BitcoinTalk link ;

https://bitcointalk.org/index.php?action=profile;u=2645244