Sandra Noun
4 min readSep 23, 2019

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Digital Gold Project - Buying, Storing, Selling The GOLD On The Blockchain

The new time, Digital Gold!

The digital tide in gold is at an early organize, with around two tons of gold put away at vaults on an exceptional premise, in spite of the fact that the complete number of shoppers using the electronic mode to purchase gold is evaluated at 80 million. This is because of the fungibility that the product offers and that there aren't any capacity bothers. It is an intriguing time in addition to digital must be the path ahead however it can't be about an administrative foundation that is holding tight a string that is free. Digital gold can, actually, become the biggest Ponzi conspire in India when a self-administrative component isn't surrounded straight away.

Purchasing gold digitally isn't just the least difficult yet additionally the least expensive approach to purchase gold. The reality, digital gold has nil stockpiling cost and it's as fungible likewise with gold. This implies you could sell it or maybe use it as a security. It's assessed that there are 80 million customers (there may be cover in light of the fact that there will be users executing through various projects) who've executed on a few unique platforms and by and large have authority of just about two tons of gold.

Digital Gold Project Is Here

What is Digital Gold Project? Digital gold is an imaginative project. This project is here to answer the certainty of a changing period from the customary route to a digital time.

Today, People need the simplicity and security of putting resources into gold. Numerous organizations out there offer digital gold yet the truth of the matter is regardless they utilize old techniques. Digital gold is not quite the same as others. Utilizing blockchain innovation to make purchasing and selling gold effectively.

Features of Digital Gold?

GOLD tokens make them intrigue highlights, as a rule, I will clarify as beneath:

Purchase Gold Instantly

To discover the method for acquiring the gold it is anything but a hard way. The GOLD token is the thing that you need, Using GOLD Token you can without much of a stretch store yours digitally with full secrecy and ensured insurance of yours from high instability and loss of its worth.

Digital GOLD issued a token that keeps running on Ethereum blockchain, it's an ERC20 token based. called GOLD Token. Each GOLD token made utilizing the Ethereum smart contract and the quantity of tokens available for use consistently rises to the aggregate sum of gold bullion held in the vault. Along these lines is an advantageous and moment route for putting away, purchasing, selling or do some exchange venture grade gold.

Secure and Real time Price

It's an assurance the worth that 1 TOKEN is equivalent to 1 GRAM OF GOLD 99.99 PURITY. This back for your security assets esteems. The GOLD token is really upheld by physical gold put away in a protected vault. The gold put away is inspected progressively and can be checked on the web. so no hazard and uncertainty for that.

Trusted and High liquidity

The token holder can promptly purchase or reclaim the token in the site. Token backer business is a liquidity supplier permitting deal and acquisition of a monstrous number of tokens close to market costs.

Zero exchange expenses

This is one of the upsides of Digital GOLD project. As I referenced over, The Gold Token keeps running on the ethereum blockchain along these lines causing no expenses on exchanges. User can make the same number of payments as they need to. GOLD Token can be utilized as a feature of your every day standard or ordinary business exchanges moreover.

Security insurance

Not every person is welcome with the attention, Even in gold proprietorship anybody wishes to keep the personality unpublished. This is for you,

The GOLD Token holder is private. To buy or sell any measure of GOLD, you simply need to give a goal wallet address, for this situation, you need an ethereum wallet. As straightforward as that!

This is the most ideal path for you to make a speculation. Gold is an extraordinary bit of leeway. extraordinarily fluid, yet rare - it is an extravagance decent to the extent a speculation. Gold is nobody's responsibility and passes on no counterparty hazard. Consequently, it might assume a basic job in a venture portfolio.

Useful links-

Kindly visit the below website for more in depth knowledge about the project

Website: https://gold.storage/

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

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

Twitter: https://twitter.com/gold_erc20

Telegram: https://t.me/digitalgoldcoin

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

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

Bitcointalk username: Bimbex
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2231422

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