[ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold

[wwzsocki]

snip

I see you are new member, so I will explain that you have made a mistake and applied in the announcement thread but should in the bounty thread.

Here a link to bounty thread, just apply there again and remove or edit this post because if not it will be removed by mods as spam or off-topic.

https://bitcointalk.org/index.php?topic=5164058

[GOLD_official]

I want to ask about the team ??

Why is the team not displayed on a white paper or website even though what I read is a very professional management team in a particular field.

Dear bassbity,

Our developers do not want to become "public figures" now, because they also invested in the Digital Gold company.

Regards,
Support Team @ Digital Gold
https://gold.storage (https://gold.storage)

[meanwords]

quote

This is the reason why GOLD will be able to succeed even in this harsh times. They have transparency, professionalism, the capability to communicate to the community, and is back by actual gold. They have the means in order to make this project a success.

[nreal]

As far as I know, gold supports the GOLD token of the project, stored in the bullionstar vault, I have a question, If I hold the GOLD token,
Can I convert them directly to physical gold?

[GOLD_official]

GOLD TOKEN HAS BEEN LISTED ON LIVECOIN EXCHANGE

Digital Gold team has started GOLD token listing process on large number of cryptocurrency exchnanges. We are happy to report that GOLD is now listed on LiveCoin https://livecoin.net exchange exchange. GOLD/BTC and GOLD/ETH pairs are now available for trading.

According to our market coverage and expansion schedule, GOLD will be listed on 4 more exchanges before October 10th including TOP10 exchange BitForex. In addition to listing on the exchanges our team will professionally handle liquitity support for highest stability on the market.

These days Bitcoin, Ethereum and most of major cryptocurrencies are too volatile in contrast with stablecoins pegged to physical gold price, so it's a great time to fix the value of your assets and protect from high volatility and loss of value by purchasing GOLD stablecoin until the next market growth starts.

[libert19]

Suppose, one buys gold token on exchange and holds it there to protect oneself from market volatility, then who will be paying the daily interest? I mean small amount that automatically gets deducted on regular basis.

[GOLD_official]

Suppose, one buys gold token on exchange and holds it there to protect oneself from market volatility, then who will be paying the daily interest? I mean small amount that automatically gets deducted on regular basis.

Dear libert19,

Digital Gold charges 0.99% annually for the management. Considering that gold is growing 3-5% per year, you are not paying, the market pays you, compared to the USDT. This is one of the GOLD token main advantages compared to any fiat stablecoins. For example, the GOLD token now costs 4-5% more than 3 months ago at the start. During this time, the service commission was only 0.25%.

Regards,
Support Team @ Digital Gold
https://gold.storage (https://gold.storage)

[libert19]

Suppose, one buys gold token on exchange and holds it there to protect oneself from market volatility, then who will be paying the daily interest? I mean small amount that automatically gets deducted on regular basis.

Dear libert19,

Digital Gold charges 0.99% annually for the management. Considering that gold is growing 3-5% per year, you are not paying, the market pays you, compared to the USDT. This is one of the GOLD token main advantages compared to any fiat stablecoins. For example, the GOLD token now costs 4-5% more than 3 months ago at the start. During this time, the service commission was only 0.25%.

Regards,
Support Team @ Digital Gold
https://gold.storage (https://gold.storage)

No, i meant if you hold gold token on exchange then who will be paying the charge?

[indika]

interesting where you keep that all gold.any secure valet or in a protected place

[ChrisPop]

interesting where you keep that all gold.any secure valet or in a protected place

You can check that on their website:

"100% of GOLD is backed by physical gold. Amount of physical gold stored can be matched against the total number of tokens in real-time. All physical gold stored in vault is fully insured, 100% of the time.
The insurance covers all risks at full replacement value and is provided by one of the world's largest insurance specie underwriters, Chubb Insurance. Storing physical gold on your own has a number of inherent dangers/problems that can be avoided by using GOLD. Such dangers include home burglary and security risk going to and from the bank, if you choose to store gold at home or limited access if you choose to keep your gold at a bank. "

Making a summary the gold is stored in a vault and it is insured by Chubb Insurance.

[lestherat]

The Digital Gold token is 100% backed by the real gold. Amount of physical gold stored can be verified at any time. We guarantee GOLD token's liquidity.

Unlimited amount of GOLD can be purchased/redeemed at our website instantly 24/7.


Regards,
Support Team @ Digital Gold
https://gold.storage (https://gold.storage)

I need to say, this is one of the projects that is capturing my attention last days, i also like the low supply of tokens, your webpage looks very proffesional, the idea is very old since 2015 a lot

of coin projects backed by gold exist, all failed or turn into scams, i have no intention to offended but what warranty we have if you or someone of your team run away with gold bullions,

all of us love our privacity, but with this kind of idea and if you want to be the only a most successful project of stable coin backed by gold, you need to show yourself, lot of investors

love to know who is behind projects, we want to know the face behind each project, examples we dont know who is Satoshi, but we know who is Vitalik Buterin, Charlie Lee, Sasha Ivanov,

a face is important for a lot of investors, more if you have totally control of that gold bullions, and i knock on wood, but if you die, who is the next on charge.

Love the idea of this coin, and for sure im gonna invest some, but i hope you take into account this tip.

Best of luck to your project.

[johnnywoo2015]

Guys, your project is interesting. I want to know what advantages the GOLD token has over classic tools like gold futures?

[GOLD_official]

Guys, your project is interesting. I want to know what advantages the GOLD token has over classic tools like gold futures?

Dear johnywoo2015,

First of all you can trade or invest using 100 times smaller initial deposit and you can be 100% anonymous. The second thing you can enter / exit a trade using crypto, not fiat money.

No, i meant if you hold gold token on exchange then who will be paying the charge?

Dear libert19,

We will clarify this and answer a little bit later.

I need to say, this is one of the projects that is capturing my attention last days, i also like the low supply of tokens, your webpage looks very proffesional, the idea is very old since 2015 a lot

of coin projects backed by gold exist, all failed or turn into scams, i have no intention to offended but what warranty we have if you or someone of your team run away with gold bullions,

all of us love our privacity, but with this kind of idea and if you want to be the only a most successful project of stable coin backed by gold, you need to show yourself, lot of investors

love to know who is behind projects, we want to know the face behind each project, examples we dont know who is Satoshi, but we know who is Vitalik Buterin, Charlie Lee, Sasha Ivanov,

a face is important for a lot of investors, more if you have totally control of that gold bullions, and i knock on wood, but if you die, who is the next on charge.

Love the idea of this coin, and for sure im gonna invest some, but i hope you take into account this tip.

Best of luck to your project.

Dear lestherat,

We answered some posts ealier here https://bitcointalk.org/index.php?topic=5161544.msg52562620#msg52562620

Regards,
Support Team @ Digital Gold
https://gold.storage (https://gold.storage)

[sockpuppet1911]

Yeah right, anonymous people selling tokenized gold, what could go wrong?
And we are supposed just to believe bunch of people who have probably rented virtual offices with a phone number have gold in their vaults instead of scamming us with worthless tokens?

[cryptothreads]

Guys, your project is interesting. I want to know what advantages the GOLD token has over classic tools like gold futures?

This coin can be liquidated immediately if you want and the value is always changing every 15 minutes so you can check the price of gold at their official website. The only advantage this project is using is that they use the ETH platform and that will make it easier for their clients to access the gold market. I used to buy some gold at this project and it was really a very strange experience for me.

Currently, Gold Stablecoin are being traded at big exchanges and this will surely make this project have more new investors in the future. I believe the development of this project will open up a new opportunity for gold lovers

[johnnywoo2015]

Guys, your project is interesting. I want to know what advantages the GOLD token has over classic tools like gold futures?

This coin can be liquidated immediately if you want and the value is always changing every 15 minutes so you can check the price of gold at their official website. The only advantage this project is using is that they use the ETH platform and that will make it easier for their clients to access the gold market. I used to buy some gold at this project and it was really a very strange experience for me.

Currently, Gold Stablecoin are being traded at big exchanges and this will surely make this project have more new investors in the future. I believe the development of this project will open up a new opportunity for gold lovers

If I understand correctly, unlike the classic tools of investing in gold, the project offers me the anonymity of my investments, which I do not need. In the matter of investment, I will choose the reliability of broker. Do you want anonymity?

[GOLD_official]

Guys, your project is interesting. I want to know what advantages the GOLD token has over classic tools like gold futures?

This coin can be liquidated immediately if you want and the value is always changing every 15 minutes so you can check the price of gold at their official website. The only advantage this project is using is that they use the ETH platform and that will make it easier for their clients to access the gold market. I used to buy some gold at this project and it was really a very strange experience for me.

Currently, Gold Stablecoin are being traded at big exchanges and this will surely make this project have more new investors in the future. I believe the development of this project will open up a new opportunity for gold lovers

If I understand correctly, unlike the classic tools of investing in gold, the project offers me the anonymity of my investments, which I do not need. In the matter of investment, I will choose the reliability of broker. Do you want anonymity?

Dear johnywoo2015,

We are talking about 2 different things. You can invest in gold using broker service, or you can invest in gold using digital assets. A reliable broker requires an average initial deposit of 5-10 thousand dollars. 5 billion people on the planet do not have this money. A reliable broker requires a broker account and this account should be deposited using the client's bank account. 5 billion people on the planet do not have a bank account. Therefore, if you have a lot of money you can use a broker. But if you belong to the remaining 5 billion people, the investments in gold through a broker are not available to you. But now they are available through the GOLD token.

Regards,
Support Team @ Digital Gold
https://gold.storage (https://gold.storage)

[wwzsocki]

interesting where you keep that all gold.any secure valet or in a protected place

I have already provided a detailed answer to this question on the previous page of this thread. It would be nice to read at least a couple of pages before jumping into asking questions.

I still keep reading about the Digital Gold project because I will fully understand how it works exactly and first what I thought about was the Gold of course, which has to be bought and stored.

... I started to look for the stored gold, of course, because this is the core of this project and was very happy to find this after literally two clicks on the Digital Gold website.



On the project page https://gold.storage/en-US/audits everybody can easily find live audits reports with all detailed pieces of information about gold in the storage.

As, I am completely unable to believe, to any assurances and always have to see tangible evidence, I was very happy to find out, that all audits are firmed by  https://www.bullionstar.com, very well known company which offers 600 different products across 10 different categories related to gold and one of them is Bullion Vault Storage, which Digital Gold project is using.

This is very easy to validate certificates because Digital Gold provides storage live audit data on the https://www.bullionstar.com/myaccount/audit page and everyone can check everything carefully.

[GOLD_official]

No, i meant if you hold gold token on exchange then who will be paying the charge?

Dear Libert19,

According to the agreement with exchanges, where Digital Gold has made a listing, the 0.99% fee is not taken. Any user can keep tokens in his exchange account for years and not pay 0.99% for management.

Regards,
Support Team @ Digital Gold
https://gold.storage (https://gold.storage)

[libert19]

No, i meant if you hold gold token on exchange then who will be paying the charge?

Dear Libert19,

According to the agreement with exchanges, where Digital Gold has made a listing, the 0.99% fee is not taken. Any user can keep tokens in his exchange account for years and not pay 0.99% for management.

Regards,
Support Team @ Digital Gold
https://gold.storage (https://gold.storage)

Excellent, thank you! Guess it would be better idea to just hold it on exchanges. And I also hope reputable exchanges like binance, bittrex provide gold pair (that's bit too much to hope for, I know).

It would make much more sense than the usdt pairs, as usd is supposedly backed by gold.