DIGITAL GOLD | AN ERC20 TOKEN BACKED BY PHYSICAL GOLD

Good day everyone. I hope you all are having a great weekend. Has my usual norms is to bring to you new and amazing blockchain project out there as this days there are lots of fakes and scam projects who just want all your hard earned money. Today am bringing to you another interesting and important project.

Blockchain as it stands right now is believed to be the future of technology as it sees more and more grounds and set new records daily. Ever since the adoption of the blockchain technology have been dominating and growing fast. This days there are lots of businesses that are moving to the blockchain because of it massive productivity in every aspect. Blockchain has also contributed to problem solving technology as every of it usage creates an important positive impact.

Today I'm talking about DIGITAL GOLD. DIGITAL GOLD is a digital asset based on blockchain which is backed by physical Gold. As we all know that physical Gold is a precious material which is tradable to keep it valuable and over the past few years Gold price have increased tremendously putting it very high and everyone wanting to get it as quickly as possible because Gold price keeps increasing. Digital Gold has seen the difficulties in many faces the purchase of Gold as commodity with crytocurrencies and some other digital currencies.
Digital gold brings the opportunity for every one to easily purchase and sell gold at any time any where.

So how will Digital Gold works?

The main thing that will be working here is the GOLD token. GOLD token is built and developed on the Ethereum ERC20 standards, the token is pegged with the price of physical Gold and every other properties of physical Gold such as the circulating supply. 1GOLD ERC20= 1 gram of gold

GOLD token is backed by physical Gold which implies that the price of GOLD token will always be the same as physical Gold. So holding GOLD token is directly implies to as holding physical Gold. The team have built this system to be transparent and secure so as to ensure trust in it.

Also Digital Gold have if own platform which is secured and built with friendly user interface and UX to enable users tie easily understand and navigate through the platform. The platform enables anyone to easily purchase or sell GOLD to other cryptocurrency and digital currencies. The platform is also built with transparency. GOLD works in a unique way that when the company purchased physical gold then stored in the company's vault storage then it is matched in real-time against the amount of issued tokens.

Digital Gold is also certified and have every of it licenses that it token is backed by physical Gold.

CONCLUSION

As we've seen this days that the Cryptocurrency world is a very volatile one which price fluctuate at every second, to see a stable token at this time is a very huge and important one as investors no longer have to be afraid of investing their funds into cryptocurrency. Also this is a big one for the crypto space as this is the first time a token is backed by physical Gold. GOLD can be purchased anytime anywhere as the platform is opened 24/7. GOLD team are working every day to bring their new features in order to maintain it standard and integrity.

For more information about Digital Gold, kindly visit the links below ;

Website: https://gold.storage/home

Bitcointalk Thread: https://bitcointalk.org/index.php?topic=5161544.0

Telegram: https://t.me/digitalgoldcoin

Twitter: https://twitter.com/gold_erc20

Reddit: https://www.reddit.com/r/golderc20/

Medium: https://medium.com/@digitalgoldcoin

Author's Details

Bitcointalk Username: Oluwatimi
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=1916121