Cache Gold is now listed & trading on Polarity.Exchange

Polarity.Exchange
Polarity.Exchange
Published in
4 min readApr 1, 2021

CACHE Gold is building a network of accredited gold vaults around the world storing gold bars backing the CACHE Gold token (CGT) with 1 gram of pure, investment-grade gold per token. CGT allows token holders to redeem tokens for physical gold on demand. CACHE brings a new smart contract solution to an old economic system. We are pleased to announce that CACHE Gold is now supported on Polarity.Exchange

Airdrop Details

This listing is coming with an airdrop for our community! You can find out all the details of the airdrop here: https://medium.com/@polarity.exchange/cache-gold-airdrop-details-709c9a2158f

For any questions or support regarding your Polarity.Exchange wallet and this token listing please contact our team in Telegram: https://t.me/polarityexchange

Cache Gold

Bitcoin’s beautiful philosophy of a fully distributed, trustless and radically transparent system has been threatened by the advent of questionably backed stablecoins. Such stablecoins have become widely adopted due to the difficulties in converting Bitcoin to fiat currency and the roadblocks created by the legacy banking system which has all too often blocked cryptocurrency related transactions.

Within this context, transparent, asset-backed tokens as the next logical evolution in blockchain technology will provide a reliable bridge between the physical and cryptocurrency worlds. Among physical assets, gold is an obvious choice with highly liquid markets and over $22 trillion USD in annual trading volume. CACHE Gold is now well positioned as an alternative to existing stablecoins.

CACHE set out to build a digital token 100% backed by one gram of pure, investment-grade gold and that’s exactly what CACHE Gold is; a fully redeemable token, fully backed by gold and stored in audited, insured, world class vaults around the world.

First-class vaulting and liquidity providers such as Brink’s, Dillon Gage, Loomis and Silver Bullion provide scalability to billions of dollars of gold backing. CACHE’s GramChain® asset tracking system provides real-time bar location, weight, purity, photograph and serial number enabling unparalleled transparency.

CACHE Gold offers the most efficient and transparent method to track asset locations and to conduct international trade and instant settlements using blockchain technology.

In 2021 CACHE Gold will have two focuses:

CACHE will focus upon growing the adoption of CACHE Gold and providing a reliable alternative to existing stablecoins. Of particular note is the launch of our CACHE Gold-backed Gold Savings Account (GSA) and the establishment of CACHE’s corporate Headquarters within The Reserve. The Reserve is a 180,000 square foot ultra-high-capacity vault and wealth management centre in Singapore. Locating CACHE’s offices within the reserve will provide unparalleled exposure to high-net-worth and ultra-high-net-worth individuals as well as wealth management professionals.

Interchain operability: with so many powerful blockchains being developed and deployed for different use cases, a bridging system is necessary to maintain relevance over time.

Social Links

Twitter: https://twitter.com/cache_gold
Medium: https://medium.com/cache-gold
Linkedin: https://www.linkedin.com/company/cache-gold/
YouTube: https://www.youtube.com/c/CACHEGold
GitHub: https://github.com/cache-token/docs
Telegram: https://t.me/CACHEGold

CACHE Gold Documentation

https://cache.gold/faq
https://github.com/cache-token/docs

Polarity.Exchange

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