Post
Topic
Board Bounties (Altcoins)
Re: [AIRDROP]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
Dinuxen
on 23/06/2018, 03:37:29 UTC
Goldma is combining the best attributes of gold and cryptocurrency. Thus, it resolves the issue of cryptocurrency not having intrinsic value by tying it to gold. But, we've taken it a bit further in our model. We are not storing any gold. We are immediately selling the gold to the Reserve Bank and buying Ether with the cash that we are paid. So, we don't have to worry about the security aspect of storing the gold.