Introducing Gold token and Digital Gold

Nguyen Lanh Lung
3 min readAug 19, 2019

As you all know, Gold has been used to preserve wealth throughout thousands of years. The stability of gold’s long-term purchasing power is unprecedented and superior to any fiat currency. GOLD Ethereum-based ERC20 token is a convenient and instant way to store, buy, sell or transfer investment grade gold. GOLD token is exactly what you need to purchase gold and store it digitally with complete anonymity and guaranteed protection of your assets from high volatility and loss of value. Let me briefly talk about Digital Gold to let you know, Digital Gold is a blockchain-based project, designed to encourage thedigitalization of the financial markets, and their afferent investment instruments. It hopes to achieve this by enabling users to purchase coverage in physical gold, via the ERC-20 Ethereum-based GOLD token. The project holds numerous advantages for its users, the gold market, but also for blockchain technology as a whole. And GOLD token is a new era digital asset classified as stablecoin and backed by real gold bars stored in secure and auditable vault storage. The token is based on Ethereum blockchain (ERC-20 standard), so transparency, privacy, security and stability is exactly what we offer to cryptocommunity and precious metals investors.

With advantages such as:

  • 1 TOKEN = 1 GRAM OF GOLD 99.99 PURITY: All GOLD tokens are backed by physical gold stored in a secure vault. The gold stored is audited in real-time and can be verified online. Every GOLD token is issued using Ethereum smart contract and the amount of tokens in circulation always equals the total amount of gold bullion held in vault.
  • HIGH LIQUIDITY: Token issuer company is a liquidity supplier enabling purchase and sale of large amount of tokens very close to market rates. Token holder can instantly purchase or redeem tokens at this website or partner exchanges.
  • NO TRANSFER FEES: No fees on transactions. Make as much payments as you like. GOLD can be used as part of your daily routine or regular business transactions.
  • LOW COST: Low service costs comparable to the cost of storing gold at a bank, with no hassle of actually dealing with precious metals storage related issues.
  • SECURE: 100% backed by physical gold. Amount of physical gold stored can be matched against the total number of tokens real-time. All transfers are irreversible and there is no way to block or limit your account due to decentralized structure of blockchain technology.
  • PRIVACY: Own GOLD while remaining private. All other gold ownership options involve disclosing your identity at the time of the purchase or redemption. To purchase or sell any amount of GOLD, you just need to provide a destination wallet address.
  • Each GOLD token is 100% backed by physical gold stored in secure vault. Amount of physical gold stored can be verified at any time. They guarantee GOLD token’s liquidity. Unlimited amount of GOLD can be purchased/redeemed at they website instantly 24/7.

With the above advantages, Digital Gold has set up a project roadmap because: Project roadmaps are essential for giving users insight on how companies plan to evolve in the short-term future. Here is the pre-planned roadmap of the Digital Gold project:

For more details:

TELEGRAM : https://t.me/digitalgoldcoin

WHITEPAPER : https://gold.storage/wp.pdf

TWITTER: https://twitter.com/gold_erc20

WEBSITE: https://gold.storage/

Author: likeface093

Bitcointalk Username : likeface093

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2552096

Eth address: 0x1260326d5D8A68ff0Aad26e3d55ca97e4eC2D395

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