DIGITAL GOLD Project, GOLD Token, and Instant Gold Marketplace

yenilmez86 (52)in #gold • 5 years ago

About the DIGITAL GOLD Project

The primary motivation behind the DIGITAL GOLD venture is that clients can undoubtedly purchase gold to make an Ethereum-based token so it can purchase, sell its gold whenever, trade gold with others, or store the Gold Token unit, which is what might be compared to its physical gold, in its computerized wallet. Every one of these tasks is performed easily and safely while keeping up client protection. It ought to likewise be noticed that the DIGITAL GOLD Token is upheld by physical gold put away in the organization's sheltered store box. Since liquidity is ensured, the token can be purchased and sold regularly, as the value depends straightforwardly on the present spot costs. The Ethereum blockchain stage, known for its ERC-20 token help and canny agreement usefulness, is valuable for DIGITAL GOLD. In that way, in the wake of acquiring a GOLD Token, clients utilize a brilliant agreement that guarantees that the measure of token available for use is constantly equivalent to the measure of gold bullion that the organization stores in its vault. Along these lines, clients won't encounter liquidity issues as there will be sufficient gold to cover all tokens available for use. Clients can undoubtedly purchase, sell, or trade their gold with different clients when they see fit. The GOLD Token enables clients to buy for 1 gram of gold, which is 99.99% unadulterated. As far as Gold Token costs, gold can be purchased at a value near current market rates, as the parent organization is the liquidity provider. A boundless number of exchanges are likewise permitted by blockchain innovation. GOLD Token met with BullionStar to ensure physical transparency in order to ensure public transparency of all gold obtained. The DIGITAL GOLD initiative likewise plans to be simple about the size of the available markers for use and the sum of the total physical sum thrown. BullionStar likewise leads the case to examine the total amount of gold to be set aside. Customers with Token can control live inspection and cash register notification with a real sense of peace.

About the GOLD Token

The GOLD Token is designed to function as a stable coin fixed to the gold price. Stable coins are usually linked to other assets or currencies and are also collateralized. That means that the specified number of tokens available is supported directly by assets stored in the company reserves. In this way, users' tokens are protected against high price imbalances while their values remain constant. These properties are completely true for GOLD Token thanks to their stable coin properties. In addition to being a stable coin, the GOLD Token is an ERC-20 compatible unit based directly on the Ethereum blockchain. That gives users features such as taking advantage of all the benefits associated with the Ethereum blockchain, including instant transactions, invariance, fund security, automatic registrations, and intelligent contract functionality. Therefore, those who want to buy GOLD Token quickly make their transactions through Ethereum-based smart contracts. Besides, smart contract functionality also ensures that the number of tokens in circulation is equal to the amount of gold stored in safes. The Ethereum-based blockchain provides credibility that many other cryptocurrencies cannot achieve. Ethereum is a system we've all known as an active network for a long time. Users around the world see Ethereum as a robust, reliable, and error-free platform. Open source code, based on the Ethereum blockchain, allows it to have even higher security with the inability to be directly controlled by any central organization once a token has entered circulation. The GOLD Token can be stored on a large number of compatible wallets, given that it works with the Ethereum blockchain.

About the GOLD Token Instant Marketplace

To facilitate a practical and efficient trading system, DIGITAL GOLD decided to create a market. Using the DIGITAL GOLD market, users can fill out the form that will initiate the smart contract, and then transfer the Gold Token. The market is considered the best option for Gold Token trading, as it allows users to make these transactions instantly. With this in mind, users must enter the ERC-20 Ethereum address where the amount and GOLD tokens they want to buy will be sent. Users are also allowed to enter optional details, such as return addresses, or email addresses for email-based confirmation of the purchase. Once fully functional, the market will become a place where GOLD Token trading is often performed. Potential customers will be able to see the current spot gold buying and selling price for both Bitcoin and Ethereum. A chart showing the development of the gold spot price over the past few days is also available in this area to facilitate a more intelligent analysis of the current gold market price changes.