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

[hulla]

this one lived up to their standards. we have seen so many precious metal or gold backed projects but tell you what! you can count those projects that are real. maybe only 1-5% of them have real backing. or should i say 1 in 100! if this will continue in the next coming years, people will gonna resort to their platform to have gold holdings because they know if they can't possess it in physical form, at least have the virtual gold in portfolio.

People will definitely use this project soon when the market rally completely take over the market in other keep their profit intact and also posses physical gold virtually and with the team of this project so much experienced in IT, economy, blockchain technology, investment etc there's a chance in the future for the token to be swap for physical gold.

I support you, the use of cryypto with blokchain technology makes it easy to buy or sell, it's just that many people out there don't believe in using crypto they say that it's dangerous and high risk, they are just blind in the progress of the current era, that's is a mission that must be solved by the gold project inviting people out there who don't understand the blockchain technology to be able to trust and enjoy convenience

Aside the ease of buying/selling, there many benefit ones can get through crypto and an example is Gold which make holding of gold easy and anonymous.
With that been said, we can't totally blame people that somehow dont believe in crypto because they also have their own reason and our own duty is to open their eyes so they could ignore the FUD they heard about crypto.

I would like to know if buying Gold token through exchange site also have limited level of purchase per person?

No, the limits are only for the maximum amount we can sell you.
Regards,
Support Team @ Digital Gold
https://gold.storage
 

Thanks for the clarification.
I knew some limitation must be used to avoid price manipulation and to make sure the token maintain the same price to physical gold.

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[RAmenFSM]

I really like the idea of having the backing of GOLD. We don't need projects that just have tokens and that are backed by nothing. If any coin wants to have success in the future it must be backed by some physical product.
Can you please post stats of your ICO?

[hosseinimr93]

Can you please post stats of your ICO?

There wasn't any ICO. The project is self-funded. Physical golds were bought by the team behind the project. Then they sold tokens in the market (exchanges and their own marketplace.)
At the beginning of the project, they bought 7200 gram of gold and issued 7200 gold tokens. Until now, they have bought more gold, Now there are more than 11,000 gram of physical gold stored in BullionStar's vaults.

[Blue_oxen]

I really like the idea of having the backing of GOLD. We don't need projects that just have tokens and that are backed by nothing. If any coin wants to have success in the future it must be backed by some physical product.
Can you please post stats of your ICO?

This is a real gold project and is invested by the leaders in this field so no ICOs have appeared in the past. In my opinion, the value of Gold Stablecoins depends heavily on the current gold price and this is definitely a very good investment for you to consider in the near future. In addition, this year gold will increase very high because of increasing investment demand.

[Sterbens]

Can you please post stats of your ICO?

There wasn't any ICO. The project is self-funded. Physical golds were bought by the team behind the project. Then they sold tokens in the market (exchanges and their own marketplace.)
At the beginning of the project, they bought 7200 gram of gold and issued 7200 gold tokens. Until now, they have bought more gold, Now there are more than 11,000 gram of physical gold stored in BullionStar's vaults.

Wow This project is really funded by itself and does not rely on the others. There is no partnership that they run, but this project is able to develop well in the cryptocurrencies market, it seems that there will be a lot of interest in this token because it will be tantamount to holding its real gold.

[hulla]

Can you please post stats of your ICO?

There wasn't any ICO. The project is self-funded. Physical golds were bought by the team behind the project. Then they sold tokens in the market (exchanges and their own marketplace.)
At the beginning of the project, they bought 7200 gram of gold and issued 7200 gold tokens. Until now, they have bought more gold, Now there are more than 11,000 gram of physical gold stored in BullionStar's vaults.

Wow This project is really funded by itself and does not rely on the others. There is no partnership that they run, but this project is able to develop well in the cryptocurrencies market

Undoubtedly yes, the project was successful launch without any partnership and initial offering. Besides, it was well developed than all the project in the crypto market that claimed to be gold backed project and it all because this project team consist of individuals which are pretty good in the line of blockchain IT, Technology innovation, Economy, investment etc.

it seems that there will be a lot of interest in this token because it will be tantamount to holding its real gold.

Yes, the project is gaining more interest everyday which the reason why the project minted more gold.

[novaprime]

I really like the idea of having the backing of GOLD. We don't need projects that just have tokens and that are backed by nothing. If any coin wants to have success in the future it must be backed by some physical product.
Can you please post stats of your ICO?

You should take the time to research this project carefully as I have not heard of any ICO up to now. In fact, this project depends heavily on the value of real gold and not on the price of Bitcoin so this is an independent project. I have known this project for the past few months and I am very excited about how it works.

Hopefully I will see this coin in more places and should list it at big exchanges to let people know of the existence of this project.

[hulla]

I really like the idea of having the backing of GOLD. We don't need projects that just have tokens and that are backed by nothing. If any coin wants to have success in the future it must be backed by some physical product.
Can you please post stats of your ICO?

You should take the time to research this project carefully as I have not heard of any ICO up to now. In fact, this project depends heavily on the value of real gold and not on the price of Bitcoin so this is an independent project. I have known this project for the past few months and I am very excited about how it works.

Hopefully I will see this coin in more places and should list it at big exchanges to let people know of the existence of this project.

You make a good point but there's nothing complicated about this project and i believe RAmenFSM will understand the importance of this project if he read through their site.
Concern big exchange listing, Gold is already listed on some popular exchange site and capital market which i believe is still good at the moment.

[wwzsocki]

I think it is worth adding that the Digital Gold bounty campaign is managed very professionally and from the start, there were no problems at all.
The campaign manager is very responsive and helpful, all earned GOLD tokens are always paid on time and the value is always correct.
I have to say that this is always the case with great projects that their bounty campaigns work as supposed to and are managed with very high standards and professionalism.

The Digital Gold team is also very helpful and they are frequently posting in this thread, answering questions, really listen to community suggestions and applying them if possible.
From what I know this is the only project which is backed by real gold and has a good reputation from the start and no complaints at all.

I know that this is not the bounty thread, but it was worth mentioning, I assume and if I write it there nobody will read it because there is no real discussion.
Bounty thread works more as a maintenance thread for applications and bounty related problems, so no real discussion is obvious and nothing special.

Keep up like this Digital Gold because with every new day this project gets more credibility and trust. Just my 2 satoshis.

PS
I just want to add that lately I have found, that all news about the Digital Gold project are provided on the https://gold.storage/en/news website, which I really like.


https://gold.storage/en/news

[hosseinimr93]

The last time number of Gold tokens was announced here, that was 11,000 tokens which was equivalent to 11,000 gram of real gold.
I just checked BullionStar account of Digital Gold. Seems that more physical gold have been bought. Now 19,200 gram of gold is stored in BullionStar vault.
That can be verified through the following link.

https://www.bullionstar.com/myaccount/audit
(Account number: 17081)

[tippytoes]

The last time number of Gold tokens was announced here, that was 11,000 tokens which was equivalent to 11,000 gram of real gold.
I just checked BullionStar account of Digital Gold. Seems that more physical gold have been bought. Now 19,200 gram of gold is stored in BullionStar vault.
That can be verified through the following link.

https://www.bullionstar.com/myaccount/audit
(Account number: 17081)

Indeed this is one of the few projects that are really backed by gold. I remember the Xaurum project that they have real gold possessions also but I haven't followed their developments. This one maintains its active presence in the forum. And the gold holdings are not huge so it is really affordable for the team. And with the audit in place, you know that you are dealing with legit numbers.

[Bitcoin_Arena]

Indeed this is one of the few projects that are really backed by gold. I remember the Xaurum project that they have real gold possessions also but I haven't followed their developments. This one maintains its active presence in the forum. And the gold holdings are not huge so it is really affordable for the team. And with the audit in place, you know that you are dealing with legit numbers.

One step at a time, If i recall very well, they started off with 7200 grams of Gold and now they have 19200 grams. That's almost 3 times the initial number which is a good indicator of positive progress in just a period of less than a year.

[novaprime]

I really like the idea of having the backing of GOLD. We don't need projects that just have tokens and that are backed by nothing. If any coin wants to have success in the future it must be backed by some physical product.
Can you please post stats of your ICO?

You should take the time to research this project carefully as I have not heard of any ICO up to now. In fact, this project depends heavily on the value of real gold and not on the price of Bitcoin so this is an independent project. I have known this project for the past few months and I am very excited about how it works.

Hopefully I will see this coin in more places and should list it at big exchanges to let people know of the existence of this project.

You make a good point but there's nothing complicated about this project and i believe RAmenFSM will understand the importance of this project if he read through their site.
Concern big exchange listing, Gold is already listed on some popular exchange site and capital market which i believe is still good at the moment.

Most of these exchanges do not receive much attention from investors and very few choose to trade there, so I think the group should find a way to list at Huobi or Okex to promote the image of this project.

Anyway this is still a good way because Gold is being trusted by everyone here and if more people know more then any investor who enters this market will know the existence of this project.

[GOLD_official]

The last time number of Gold tokens was announced here, that was 11,000 tokens which was equivalent to 11,000 gram of real gold.
I just checked BullionStar account of Digital Gold. Seems that more physical gold have been bought. Now 19,200 gram of gold is stored in BullionStar vault.
That can be verified through the following link.

https://www.bullionstar.com/myaccount/audit
(Account number: 17081)

Dear hosseinimr93,

Yes. We added some more gold in the vault and soon we will announce more GOLD tokens minted.

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

[posi]

The last time number of Gold tokens was announced here, that was 11,000 tokens which was equivalent to 11,000 gram of real gold.
I just checked the BullionStar account of Digital Gold. Seems that more physical gold has been bought. Now 19,200 gram of gold is stored in BullionStar vault.
That can be verified through the following link.

https://www.bullionstar.com/myaccount/audit
(Account number: 17081)

Dear hosseinimr93,

Yes. We added some more gold in the vault and soon we will announce more GOLD tokens minted.

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

This is totally a good news 2,000 more Gold tokens were minted on 25/02/2020 and more is expected to be minted just in 13 days now i believe the token trading volume almost hit $20 Million daily record but it will be nice if the token is listed on exchange site like Binance and Kucoin.

[hulla]

The last time number of Gold tokens was announced here, that was 11,000 tokens which was equivalent to 11,000 gram of real gold.
I just checked the BullionStar account of Digital Gold. Seems that more physical gold has been bought. Now 19,200 gram of gold is stored in BullionStar vault.
That can be verified through the following link.

https://www.bullionstar.com/myaccount/audit
(Account number: 17081)

Dear hosseinimr93,

Yes. We added some more gold in the vault and soon we will announce more GOLD tokens minted.

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

This is totally a good news 2,000 more Gold tokens were minted on 25/02/2020 and more is expected to be minted just in 13 days now i believe the token trading volume almost hit $20 Million daily record but it will be nice if the token is listed on exchange site like Binance and Kucoin.

I'm honestly not surprised by the surprising reputation, trust, popular and liquidity this project is obtaining because the project has been outstanding right from day 1 which is the reason why I'm among the first people who choose to join their bounty ahead exchange and capital market listing.

Speaking if the new minted Gold tokens, with what i have here i believe it going to be 7,000 tokens is will be 17,194 tokens in total and 17,200 grams assets in Gold

[hosseinimr93]

Speaking if the new minted Gold tokens, with what i have here i believe it going to be 7,000 tokens is will be 17,194 tokens in total and 17,200 grams assets in Gold

Currently, there are 19,200 gram of gold stored in BullionStar vault. Number of Gold tokens in circulation is 17,200. So, 2000 gold tokens should be added.

[tbct_mt2]

This is totally a good news 2,000 more Gold tokens were minted on 25/02/2020 and more is expected to be minted just in 13 days now i believe the token trading volume almost hit $20 Million daily record but it will be nice if the token is listed on exchange site like Binance and Kucoin.

Any plan to list GOLD token on Binance? It will be cool for the GOLD platform and its future expansion. If GOLD token appears on Binance, many traders and investors will know about it. They can easily to trade and convert their money to Gold tokens from some crypto currencies (available for conversion at the moment on the GOLD marketplace).

Speaking if the new minted Gold tokens, with what i have here i believe it going to be 7,000 tokens is will be 17,194 tokens in total and 17,200 grams assets in Gold

Currently, there are 19,200 gram of gold stored in BullionStar vault. Number of Gold tokens in circulation is 17,200. So, 2000 gold tokens should be added.

Don't worry. The GOLD project has grown very gradually and sustainably as I see from their minted tokens. The team tend to be very carefully to expand their platform

[GOLD_official]

The last time number of Gold tokens was announced here, that was 11,000 tokens which was equivalent to 11,000 gram of real gold.
I just checked the BullionStar account of Digital Gold. Seems that more physical gold has been bought. Now 19,200 gram of gold is stored in BullionStar vault.
That can be verified through the following link.

https://www.bullionstar.com/myaccount/audit
(Account number: 17081)

Dear hosseinimr93,

Yes. We added some more gold in the vault and soon we will announce more GOLD tokens minted.

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

This is totally a good news 2,000 more Gold tokens were minted on 25/02/2020 and more is expected to be minted just in 13 days now i believe the token trading volume almost hit $20 Million daily record but it will be nice if the token is listed on exchange site like Binance and Kucoin.

Dear posi,

We do not plan a Binance listing. It has no economic meaning. Now the team bought gold for $1 mln. The listing costs around $0.5 mln.
Regards,
Support Team @ Digital Gold
https://gold.storage

[NeuroticFish]

The listing costs around $0.5 mln.

That's super expensive. Indeed, just keep up the good work and sooner or later the major exchanges will start listing the token. I guess that this is the best way to move forward.