WANT TO INVEST IN GOLD? TRY THE DIGITAL GOLD PLATFORM


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Investments are one of the feasible ways to multiply income. It is saddening that many platforms for investments may not be as expected. If the investment opportunities are not shortchanging the investors, they would not be getting sufficient returns on their investments. Therefore, channeling the attention to gold became one of the most feasible methods of expanding wealth. Gold is not necessarily a “get rich quick” mechanism, but it has the potentials to grow over the years. Interestingly, investors in gold can be sure of vast returns on investments because of the high liquidity of the market.

CHALLENGES IN THE GLOBAL GOLD MARKET

There’s no doubt that gold is an asset that can grow over the years. The liquidity is high, and it can also bring massive returns. So, it doesn’t come as a surprise that many investors are looking to plow their funds to that end. That notwithstanding, the industry still has many challenges that tend to reduce the potentialities. So, highlighted below are the challenges and problems in the global gold market.

The first challenge is the security threats. Although gold is a valuable and highly liquid asset, it can also have many security threats that stem from the storage. For instance, gold is highly valued, and that on its part leads to increased tension about the security. The asset is either burgled away from the vault where it is stored or in the case of the digital backing variant, hacked from the platform responsible for the storage.

Generally, the highly-priced undertone to gold also breeds problems, such as theft and potential hacks as the case might be. That informs the reason why the Digital Gold platform is out there to make lives better for investors in the industry. With the premise on the Distributed Ledger Technology (DLT), and the varieties of architectures it has in place, users can be confident that the platform would be the one-stop place for transactions about gold.

ETHEREUM BLOCKCHAIN BASIS

Digital Gold ensures that the security concerns are addressed using the Ethereum blockchain. The network (Ethereum) is responsible for the provision of maximum security. Aside from that, it also issues the ERC-20 Ethereum token standard. The token issued in that instance is also a stablecoin. Therefore, the backing by the GOLD Token as paired with physical gold implies that the volatile nature of the market might not have many adverse effects on the investors’ gold-backed assets.

HOW TO PURCHASE GOLD VIA DIGITAL GOLD

If Digital Gold is all about gold transactions more accessible and more secured, then how can you purchase some? That question has a simple answer – you can buy physical gold through the Digital Gold platform when you have the required amount of the GOLD Token. The “digital” in the vocabulary of the project means that the investors can convert their digital assets (crypto coins and tokens) into the GOLD Token, which is the official and premium medium of a transaction on Digital Gold.

With that, they can be able to purchase many quantities of physical gold, which is offered by the company (Digital Gold) in collaboration with BullionStar.

OTHER HIGHLIGHTS OF THE PROJECT
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Digital Gold has additional features that would interest investors. Notable among that is the smart contract functionality that ensures the users verify the availability of the FINE gold before they invest. Moreover, the approach is geared towards the enhancement and the security of the investors’ assets using the double-checking on the proposed asset (physical) gold’s availability in the company’s vault. That way, Digital Gold would be able to reduce the high spate of liquidity issues that have been ravaging the gold industry.

Invest in Gold through Digital Gold

Gold has literally “gone digital,” and it takes those in that clime to grab the opportunity with both hands. You needn’t take the back seat as this revolutionary project; Digital Gold is here to change the face of the global gold industry. So, follow up on the project and start investing on time to be among the early beneficiaries.

USEFUL LINKS:

Website: https://gold.storage/

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

Telegram: https://t.me/digitalgoldcoin

Twitter: https://twitter.com/gold_erc20

AUTHORS DETAILS

Bitcointalk username- Uju4real

Bitcointalk profile link- https://bitcointalk.org/index.php?action=profile;u=2202971


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