Transparency in such a project is the key. Still, I haven't found one last answer to my question, which is: How is guarded access to stored gold?
What I mean is that a bad actor won't have access, for example, someone from the project and how is it secured? Who has access and how is it billed?
I just wonder and I'm afraid if there is such a possibility that someone from the project with access to the gold storage, will empty it and disappear one day.
Dear wwzsocki,
The assets are accessible only to leading top management of our company with serious liability conditions written and signed in the contract. Theoretically even low level employee in the bank has access to large amounts of funds and there is even higher risk to see him disappeared with money in safe box than financial top management at Digital Gold. We also have agreement about our business model with our partners - Bulllion Star. They know that we hold our customer's gold in the storage and will not approve quick and unusual withdrawal of assets from their vault storage. We also may assure you that nor developers, neither ordinary employees have access to Digital Gold assets in Singapore vault storage, we never did ICO or any of similar fundraising campaigns. Digital Gold platform was developed fully with funds of it's founders with global marketing, listing on exchanges and liquidity support strategies and will become more trusted and more popular month after month with each completed step of further development of Digital Gold platform. Any forms of illegal actions of company's top management are meaningless and have no sensewith our expansion plans at all
At the moment current value of gold in the storage is less than 0.5 Million US dollars. Once the amount exceeds 1 Million US dollar, we will start arranging some additional procedures with our storage partner Bullion Start to raise guarantees for GOLD holders. We are already thinking of possible options to make sure our customers will be satisfied and will have no reasons to worry about such risks at all. At the moment this issue is not relevant due to small amount of physical gold bought with Digital Gold founders own funds.
Regards,
Support Team @ Digital Gold
https://gold.storage (
https://gold.storage)