In addition to the blockchain-based projects, there are notable gold-backed cryptocurrencies that deserve attention. One such project is Bitxgold, a 100% gold-backed currency expected to be launched by Bitcoin billionaire Shahram Zandy Moghadam. What sets this project apart is its intention to register the project and company in the United Arab Emirates (UAE), which adds a layer of credibility and stability. The association with a prominent figure in the crypto space further enhances the potential for Bitxgold to make a significant impact in the market..
This is interesting, this is what the projects have become at the moment. Being associated with a famous personality in the cryptocurrency space is the best thing for the success of a project, and also registering the project in the UAE will increase its credibility.