When it comes to digital gold, maybe some of you are still wondering how a physical object can become a digital object where it can be traded like gold in general. Now, this is possible, with existing technology it will allow gold to be converted into digital form, which only changes its shape, its nature and value will not change because this digital gold is backed by pure gold which will create value. of digital gold is the same as physical gold. Nowadays, many people have invested in digital gold, because it has various advantages such as easy storage, no fees, no need to worry about the security of gold because it is based online, and transactions are much easier.
Introducing GOLD Ethereum-based ERC20
Seeing that investment in gold has been growing in recent times, GOLD Stablecoin is interested in becoming digital gold that will be owned by users globally. Just like gold in general, GOLD Stablecoin is gold but in a digital form whose value will adjust to the gold price in the market. In contrast to digital gold in general, GOLD Stablecoin is an ERC-20-based crypto token that will be backed directly by pure gold with a value of 1 GOLD ERC20 = 1 gram of gold 99.99% FINE. With this GOLD Stablecoin, it will become a digital asset that users can trade easily on the Ethereum network and users can check various documents related to GOLD Stablecoin on their website. Thus, GOLD Stablecoin will be able to become the latest standard for digital gold, which will allow people to be able to transact in gold easily and securely.
Features
GOLD Stablecoin has various features that are needed by global users. The features of GOLD Stablecoin consist of maintained purity, no fees, secure, high privacy, high liquidity, and lower fees compared to physical gold.
The holders of GOLD Stablecoin will be able to see that GOLD Stablecoin is the right choice for them to transact or invest in gold. Since GOLD Stablecoin can be owned by users globally, what users need is a wallet that supports the Ethereum network and that’s about it. Later, when the user has purchased the GOLD Stablecoin token on the marketplace, the system will send the token to the user directly to their wallet and this will not incur a fee, so when the user buys 1 GOLD Stablecoin they will get 1 GOLD Stablecoin which is equivalent to 1 gold gram.
When holding GOLD Stablecoin the identity of the holder will be maintained and will not allow unauthorized parties to know the identity of the user. This is because GOLD Stablecoin uses the Ethereum network, which has high privacy, and at the time of purchasing the GOLD, the Stablecoin platform will not ask for the identity of the users. Thus, users will be able to hold GOLD Stablecoin more securely and will not be known by anyone.
And compared to physical gold, it doesn’t cost much to store either. As long as the user keeps the GOLD Stablecoin in their wallet, then it will always be safe and will not allow hacking and it will not be charged. Unlike when having physical gold, the user has to rent a vault to protect their gold from thieves.
Tokenomics
GOLD is the name of the GOLD Stablecoin which will serve as a utility token that can be obtained by users from the marketplace on the website. Launched using the ERC-20 protocol, users will be able to use this token for various things they want, such as for transactions or long-term investments. This is digital gold which has a value equivalent to gold in general and is very suitable for users who want convenience, and because it makes this token have the prospect of growing in the future. So buying this token is a good thing.
Conclusion
To sum up, digital gold is gold that was launched the same as gold in general but in digital form, which can be owned by global users easily and securely. And GOLD Stablecoin is digital gold that is designed using the Ethereum architecture that can be used by users like gold in general. Designed using the Ethereum architecture, GOLD Stablecoin has various advantages which make it the best digital gold, such as being more secure, high privacy, no transaction fees, fully backed by gold and high liquidity. With the various advantages it offers, GOLD Stablecoin will be able to become digital gold that users can rely on for their transactions or long-term investments.
Connect
WEB: https://gold.storage/en/home
TELEGRAM: https://t.me/digitalgoldcoin
TWITTER: https://twitter.com/gold_erc20
Writer
BTT Username: lumbanrang
Telegram: @lumbanrang
