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

[GOLD_official]

Will there be uniswap listing?

According to my research about this project. I dont see that happening because theres no need for it cause the project have their own native decentralized instant exchange site which is https://gold.storage/en/market

You can always trade on uniswap with contract address (perks of dex) but yeah there is no need of it.

Edit: possibly no liquidity either lol

Robert Kiyosaki has its bull thoughts for bitcoin, gold and silver.

Only if there was silver backed stable coin.

Gold official, you listening?

Yes we are listening. Silver backed stable coin looks good.

[wwzsocki]

Yes we are listening. Silver backed stable coin looks good.

Great to hear that you stay open-minded and listen to community suggestions.

I think it would be pretty complicated to add another stablecoin to the Digital Gold project and wonder if even possible?

Seems to me that it would be easier to start from scratch but of course, I can be wrong and in my imagination, I can see already a full suite of stablecoins backed by commodities like silver, platinum, aluminum, zinc, copper and many others under the Digital Gold hood.

[hosseinimr93]

Didn't see any news from this project for a long time and in their blog the latest news is from 01/07/2020. Interesting to know what happens right now in this project

Every thing is going as expected. You can buy and sell gold tokens easily in their marketplace at any time. The tokens are backed by real gold and you can verify this. (For information about the verification process, you can visit this link.
What else do you expect from this project? They are active here is this thread. Feel free to ask any question you have.

Also, I don't know what blog you are referring to. In addition to this thread in bitcointalk, they are active in telegram, reddit and steemit and give the updates if there is any need.

[GOLD_official]

Yes we are listening. Silver backed stable coin looks good.

Great to hear that you stay open-minded and listen to community suggestions.

I think it would be pretty complicated to add another stablecoin to the Digital Gold project and wonder if even possible?

Seems to me that it would be easier to start from scratch but of course, I can be wrong and in my imagination, I can see already a full suite of stablecoins backed by commodities like silver, platinum, aluminum, zinc, copper and many others under the Digital Gold hood.

Dear wwzsocki,

In theory, we can create several separate stablecoins like silver, platinum, aluminum, zinc, copper, etc. All of these coins can be managed by Digital Gold.
However, it will be a different business model. Now we tokenizing the most famous metal asset. We understand that the gold price will continue to grow against the US dollar.
But we do not if silver or aluminum continues to rise against the US dollar. Maybe they will rise but as we are professionals we do not know for sure. It will be more difficult to convince an ordinary investor that tokenized aluminum is more interesting than a tokenized US dollar or gold.

Moreover, we have another problem. The GOLD token is 100% backed by physical gold held in Singapore in the special vault. But we cannot store zinc or aluminum there.

If we go deeper into that question, we find a lot of other nuances. Therefore, now we are not interested in other commodity assets tokenization.

We’ll see what will happen in the next years. If banks and institutional investors massively come to crypto markets, it will be possible to create such assets. The banks can use such tokens for hedging, loans, and other financial operations.

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

[NeuroticFish]

This may be of interest for some of GOLD users and traders: Livecoin is in trouble, it looks like they've lost (at least) the control of their servers and "news channels" because of some attack.
I don't know about the user funds. Full story: https://www.coindesk.com/livecoin-crypto-exchange-hack
Maybe GOLD team can spread the news too.

[GOLD_official]

This may be of interest for some of GOLD users and traders: Livecoin is in trouble, it looks like they've lost (at least) the control of their servers and "news channels" because of some attack.
I don't know about the user funds. Full story: https://www.coindesk.com/livecoin-crypto-exchange-hack
Maybe GOLD team can spread the news too.

Dear NeuroticFish,

Thank you for that info. Yes, we know that problem. It seems that Livecoin was hacked for some reason. We are monitoring that situation.

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

[Btc_1856]

This may be of interest for some of GOLD users and traders: Livecoin is in trouble, it looks like they've lost (at least) the control of their servers and "news channels" because of some attack.
I don't know about the user funds. Full story: https://www.coindesk.com/livecoin-crypto-exchange-hack
Maybe GOLD team can spread the news too.

Dear NeuroticFish,

Thank you for that info. Yes, we know that problem. It seems that Livecoin was hacked for some reason. We are monitoring that situation.

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

Yes, we are seeing there are many problems with the Livecoin exchange, there are many complaints about the withdrawals are also not processing time. Maybe it is not with the server problems, they are hiding the information in order to close the exchange and people who are trading in Live coin exchange should be careful.

[aTriz]

This may be of interest for some of GOLD users and traders: Livecoin is in trouble, it looks like they've lost (at least) the control of their servers and "news channels" because of some attack.
I don't know about the user funds. Full story: https://www.coindesk.com/livecoin-crypto-exchange-hack
Maybe GOLD team can spread the news too.

Was GOLD listed there for trading? I hope GOLD users are safe.

This may be of interest for some of GOLD users and traders: Livecoin is in trouble, it looks like they've lost (at least) the control of their servers and "news channels" because of some attack.
I don't know about the user funds. Full story: https://www.coindesk.com/livecoin-crypto-exchange-hack
Maybe GOLD team can spread the news too.

Dear NeuroticFish,

Thank you for that info. Yes, we know that problem. It seems that Livecoin was hacked for some reason. We are monitoring that situation.

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

That's what they are claiming. that they were hacked. but I don't think that was an hack. I think it's an exist scam from them. they shut down the website and trying to make excuses and prove themselves innocent for being hacked.

[GOLD_official]

This may be of interest for some of GOLD users and traders: Livecoin is in trouble, it looks like they've lost (at least) the control of their servers and "news channels" because of some attack.
I don't know about the user funds. Full story: https://www.coindesk.com/livecoin-crypto-exchange-hack
Maybe GOLD team can spread the news too.

Was GOLD listed there for trading? I hope GOLD users are safe.

This may be of interest for some of GOLD users and traders: Livecoin is in trouble, it looks like they've lost (at least) the control of their servers and "news channels" because of some attack.
I don't know about the user funds. Full story: https://www.coindesk.com/livecoin-crypto-exchange-hack
Maybe GOLD team can spread the news too.

Dear NeuroticFish,

Thank you for that info. Yes, we know that problem. It seems that Livecoin was hacked for some reason. We are monitoring that situation.

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

That's what they are claiming. that they were hacked. but I don't think that was an hack. I think it's an exist scam from them. they shut down the website and trying to make excuses and prove themselves innocent for being hacked.

Dear aTriz,

On Livecoin exchange we hold GOLD token owned by Digital Gold. All that token are in the safe place.

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

[aTriz]

This may be of interest for some of GOLD users and traders: Livecoin is in trouble, it looks like they've lost (at least) the control of their servers and "news channels" because of some attack.
I don't know about the user funds. Full story: https://www.coindesk.com/livecoin-crypto-exchange-hack
Maybe GOLD team can spread the news too.

Was GOLD listed there for trading? I hope GOLD users are safe.

This may be of interest for some of GOLD users and traders: Livecoin is in trouble, it looks like they've lost (at least) the control of their servers and "news channels" because of some attack.
I don't know about the user funds. Full story: https://www.coindesk.com/livecoin-crypto-exchange-hack
Maybe GOLD team can spread the news too.

Dear NeuroticFish,

Thank you for that info. Yes, we know that problem. It seems that Livecoin was hacked for some reason. We are monitoring that situation.

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

That's what they are claiming. that they were hacked. but I don't think that was an hack. I think it's an exist scam from them. they shut down the website and trying to make excuses and prove themselves innocent for being hacked.

Dear aTriz,

On Livecoin exchange we hold GOLD token owned by Digital Gold. All that token are in the safe place.

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

Thanks for the update. I am glad to hear that the GOLD tokens are safe in safe hands. lots of other people lost so many other coins and tokens. lets hope there will open a way for them to get their funds back. everyone shall be safe from scammers and hackers.

[GOLD_official]

Dear Digital Gold community. From our team, we would like to wish you a Happy New Year! Let the next year will be successful for us in every sense, give us new opportunities and prospects for future development. We wish that in the New Year all desires come true, that all goals are achieved, and all successes multiplied tens of times!

[Leviathan.007]

Happy new year to all the team and community members. The project was super stable during this year, Keep up the good work and let's celebrate another year together.

[GOLD_official]

We have great news for you. Digital Gold LTD enters the Defi market.

The Gold Token was listed on Uniswap. https://info.uniswap.org/token/0x0d16450d347c12c086d6c94c76c5aaac35ea07e0

Listing on Uniswap makes our token more accessible and expands opportunities for our clients.

In order to find the GOLD token in Uniswap app, you must provide the GOLD token contract 0x0d16450d347c12c086d6c94c76c5aaac35ea07e0 in the search field.

Follow the news of our project.

[tbct_mt2]

It is a great partnership and great news to start the year of 2021. Congratulations for GOLD team for your first achievement in this year!

With the crazy bull run of Bitcoin, the transaction fee on bitcoin network is climbing very much. I don't say about killing fee that is too high in satoshi/byte but even with low satoshi/byte, the fee is increasing as a result of rise in USDT or USD.

Is it a time to consider about a third cryptocurrency for GOLD team to convert to? After Bitcoin, Ethereum, will the Gold marketplace has a third one? Litecoin?

[GOLD_official]

It is a great partnership and great news to start the year of 2021. Congratulations for GOLD team for your first achievement in this year!

With the crazy bull run of Bitcoin, the transaction fee on bitcoin network is climbing very much. I don't say about killing fee that is too high in satoshi/byte but even with low satoshi/byte, the fee is increasing as a result of rise in USDT or USD.

Is it a time to consider about a third cryptocurrency for GOLD team to convert to? After Bitcoin, Ethereum, will the Gold marketplace has a third one? Litecoin?

Dear tbct_mt2,

Right now we are not planning to add new coins to the marketplace. We should wait when the ETH 2.0 will be implemented. Commissions should be lower than.

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

[wwzsocki]

We have great news for you. Digital Gold LTD enters the Defi market.

The Gold Token was listed on Uniswap. https://info.uniswap.org/token/0x0d16450d347c12c086d6c94c76c5aaac35ea07e0

Great news Digital Gold team, this very important step forward, you just have to be on Uniswap if you are ERC-20 token, period.

Such DEX as Uniswap with such skyrocketing volumes can give GOLD token nice boost.

The more exchanges we are on the more places people can buy GOLD token the better, no question about that.

Good job team, thumbs up!

[Leviathan.007]

We have great news for you. Digital Gold LTD enters the Defi market.

The Gold Token was listed on Uniswap. https://info.uniswap.org/token/0x0d16450d347c12c086d6c94c76c5aaac35ea07e0

That's great!
Uniswap my favorite decentralized exchange where you can and liquidity to the token and users will be able to exchange GOLD to many other coins and tokens. The good this is we can now easily exchange USDT/GOLD because I saw someone added liquidity for it. Since the listing on Uniswap is done, the only thing remain is to adding more liquidity by the users and investors in the future. Listing on Uniswap was super awesome idea.

[Sparrow96]

Dear tbct_mt2,

Right now we are not planning to add new coins to the marketplace. We should wait when the ETH 2.0 will be implemented. Commissions should be lower than.

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

You can consider listing in new exchanges. Current exchanges eg. Cryptex, Bitforex isn't popular. Honestly, I heard their name the first time for Gold.

[posi]

Dear tbct_mt2,

Right now we are not planning to add new coins to the marketplace. We should wait when the ETH 2.0 will be implemented. Commissions should be lower than.

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

You can consider listing in new exchanges. Current exchanges eg. Cryptex, Bitforex isn't popular. Honestly, I heard their name the first time for Gold.

Right now i dont think theres need for that cause the token is decentralized, Bitforex is among the top 150 exchange listed on capital market and the uniswap listing with the inclusion of the exchanges you listed above is enough for the token to get better liquidity with exposure.

[Fujiati]

It is a great partnership and great news to start the year of 2021. Congratulations for GOLD team for your first achievement in this year!

With the crazy bull run of Bitcoin, the transaction fee on bitcoin network is climbing very much. I don't say about killing fee that is too high in satoshi/byte but even with low satoshi/byte, the fee is increasing as a result of rise in USDT or USD.

Is it a time to consider about a third cryptocurrency for GOLD team to convert to? After Bitcoin, Ethereum, will the Gold marketplace has a third one? Litecoin?

Dear tbct_mt2,

Right now we are not planning to add new coins to the marketplace. We should wait when the ETH 2.0 will be implemented. Commissions should be lower than.

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

It was a good decision, while this time people ruined by eth gas, people who trade between exchanges to another can't do much thing now.
The implementation will be this year, we just need an equanimity waiting for the new of the beginning.