Post
Topic
Board Tokens (Altcoins)
Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold
by
electronicash
on 10/12/2023, 17:51:57 UTC

GOLD is the first stablecoin with 100% liquidity. We have 7200 tokens secured with 7200 grams of gold in the vault. We are ready to redeem all tokens back at any time. If you know another token backed by gold with strong liquidity, please give us a link to that coin.
 
Digital Gold is token backed by physical gold. Digital Coin is not a gold mining facility. Please read the website and/or project description in the first post.
https://gold.storage (https://gold.storage)
Wow! I don't know that Gold is a stablecoin oh. And whenever gold is discussed I always discussed it as a natural resource or asset and not from the angle of cryptocurrency. If the Total number of token of gold is 7200 then the supply will be too small for investment for many. And I have not invested in this coin so I don't know how it works and the value of the coin. I normally see gold in trading view but I wasn't thinking that it was a coin.

Okay so the digital gold is with alongside with the digital gold then that means it is a Centralized project.

when it says backed by physical gold.  the investors wouldn't dive for that fact all because of a claim. especially when the storage is unknown and whoever holds the physical gold. people could be trading all year around not knowing the gold disappeared from the vault.

you'd only know when it's too late to sell.
who could you trust in this time of crisis when every government today wants to steal money from its citizens. stablecoins can even be frozen.