Another way to draw back peoples attention to precious metal investment, gold-backed cryptocurrency. what is your view on this?
Nice idea but you really think in so many years of cryptocurrency no one would have thought about it?? We already had currencies like Xauram, Deep Gold and many others which were backed by gold but they haven't been quite successful lately. Another great idea of crypto backed by silver came by the ICO SLVR which wasn't even able to meet its minimum cap. When it comes to real estate tokens there have been lot of tokens too. I don't think they have in any way helped in growth of metals back again.
Was going through an article and I came across few selected projects in the block chain technology that have successfully achieved the idea of real world asset backed and precious metal; and they are doing very great in the digital world.
Below are the list
1. Stable coin (Maker Dai which means, 1 dai=US$1)
2.(DGX backed by physical gold 1DGX=1gram of 99.9% LBMA standard gold.
3.One gram coin OGC designed to grow in value (in terms of gold).
4. Cedex backed by diamond
5. ATLANT real estate token
So what can you say about this?