Digital Gold - The new generation for modern payments on the blockchain

in #gold5 years ago

Hello friend !!! Welcomee

Today, I choose to share a new task I come throughout to you all; the challenge is referred to as Digital Gold and it was constructed via teams that consists of exceedingly certified blockchain, executives, IT and reliable professionals in finance sectors.

Gold is a precious metal that is quite attractive to many people. How come? With an attractive shape, this jewelry has succeeded in capturing the attention of many people because it is known as an investment item with the certainty that it will benefit the owners. Not surprisingly, because gold investment has the main advantage where the price trend is always rising from year to year. This clearly benefits the owners, especially the difference between the purchase price and the selling price is quite large.

It is common knowledge if people make gold as a form of investment to reap the benefits in the future. Various forms of gold are in great demand, such as jewelry gold, Digital gold, in the form of bars, can also be a gold savings whose function is to fund education, health costs, for your future expenses, even to buy a house. https://gold.storage/

Long term investment in Digital Gold

Digital gold investment is a suitable alternative for investors who want quick profits. Digital gold price fluctuations that are large enough cannot guarantee that investors will get large profits in a short time. As previously stated that the tendency of the price of gold to rise is a fairly long process, meaning that to benefit from the difference between the purchase price and high selling prices cannot be done in a short time. The fluctuations in the price of gold were also influenced by factors of national currency exchange rates against foreign currencies - which is now a hot conversation because it was allegedly going to match the events of 1998 where US $ 1 was equivalent. Another cause is the financial condition of the people of a certain area. When the community is in good financial condition, other investments that promise higher returns in a shorter period of time such as company stock investments look more attractive and promising.

Positive impact and marketing property

Gold is a tender metal, but it solely melts at the temperature of 1065 two С. Many lots tougher metals have lower melting points. Further, gold is a very properly conductor of electrical energy and heat. Of course, you might not discover many heating radiators made out of gold, but it is frequently used as plating for electronic contacts.

Gold is surprisingly ductile: one ounce (less than 30 grams) of this steel can be stretched into a piece of wire 80 kilometers lengthy and ten instances thinner than a human hair. Natural gold thread is used for embroidery and weaving.

The density of gold is additionally high, although it's no longer the densest of metals. A kilogram of gold is a ball of roughly 4.5 centimeters in diameter.

An quantity of gold as massive as a matchbox is enough for gilding a entire tennis court. In theory, 1 gram of pure gold can be turned into a piece of semitransparent foil (blue-green when you keep it towards the light), that’s one rectangular kilometer in size .

Being soft, gold is challenge to bodily wearing. If you wear a high-karat gold ring all your life, it will turn out to be twice thinner after a few decades.

Human skin doesn't absorb gold, however woolen fabrics can accumulate its particles. There is a story about a French cashier who would always use a new piece of woolen cloth when he counted gold coins. At home, he would burn it in a frying pan — and ultimately gathered numerous grams of the treasured metal. 

Users are free to lift out their due diligence by means of verifying the BullionStar stay audit reports. As such, a 1/3 birthday party audit document is issued on a quarterly basis, for that reason confirming the price of gold being stored.

  • High liquidity Digital Gold

The GOLD token ensures high liquidity, considering that the token issuer company, DIGITAL GOLD LTD, also works as a liquidity supplier. Users are permitted to instantly buy and sell large amounts of tokens, by means of the Digital Gold Marketplace, or accomplice exchanges. Another advantage really worth pointing out is that with Digital Gold, customers do now not have to reflect onconsideration on local business hours, due to the fact that the carrier is on hand 24/7. Liquidity is therefore handy on demand, and the prices constantly intently healthy current gold market prices.

  • A personal gold possession experience

As briefly cited above, dealing with physical gold entails that customers expose private records to stay in compliance with countrywide regulatory frameworks. The frequent lack of standardization backed by the sheer amount of records collection, has led to the look of a society that is extra privacyconscious. The GOLD token allows for physical gold ownership while remaining private.

  • Guaranteed long-term life expectancy of purchased GOLD

Most financial analysts agree that the lifestyles expectancy of gold vastly outweighs our own. This conclusion is backed by the Lindy Effect, a idea that describes how the future lifestyles expectancy of an asset is immediately proportional to its modern-day age. Gold’s occurrence for heaps of years guarantees that the treasured metal will remain relevant for many years to come. 

Digital Gold uses the ERC20 Platform

DIGITAL GOLD is a future blockchain-based venture that will go to all the exchanges on the high-quality cryptocurrency market and this is one of the fantastic productive breakthroughs for funding exchanges in your future. Digital Gold will be one of the identical fiat currencies with pure gold. It is predicted to obtain this by means of enabling customers to purchase insurance in physical gold, via the ERC-20 primarily based GOLD ERC-20 token. The Digital Gold Project This venture has many advantages for its users, the gold market, however additionally for the typical blockchain technology, allowing customers to shortly buy and store the GOLD Tokens that you need to buy gold and keep it digitally with entire anonymity and assured protection of your assets from excessive volatility and will no longer lose value, a patron solely needs to area a Gold Token to habits financial transactions, or use it as a technique of storing wealth. https://gold.storage/market

Conclusion

Cryptocurrencies are consistently evolving. The GOLD-backed formulation of Digital Gold is a step in the proper direction. In the future, it would help investors, and indeed the crypto neighborhood has full control over the fee of their assets, even in bearish markets.

I do not have a doubt about the future dispositions of this project. Gold is one asset that would not trigger lots diminishing returns but instead will increase over time. On that note, I am confident that Digital Gold would reap its milestones and even do better in the coming months. 

Learn more about what are the investment weaknesses that you will choose, will prevent you from losses that may arise due to mismanagement of investment funds. By knowing what are the advantages and disadvantages that will be caused, can help you anticipate the possible losses incurred. So, interested in investing in gold?

USEFUL OFFICIAL LINKS

Official Website : https://gold.storage/
Whitepaper: https://gold.storage/wp.pdf
Official Twitter: https://twitter.com/gold_erc20
Official Facebook: https://www.facebook.com/golderc20
Official Telegram Group: https://t.me/digitalgoldcoin

Author's Details

Bitcointalk Username: bekti3
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1168479

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