Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 81. (Read 30634 times)

The project was officially launched acouple of weeks ago and I'm glad you have done some depth search about the project which captivated you.

I believe you're talking about trading pair of the token only BTC/ETH trading are still available and it all a gradual process for the project was just giving birth to.

Mind you, this project is decentralized but you can get more important information through there website.



The token is still available on a single exchange site but you can buy it through the site marketplace and as the team representative said more exchange are coming in few weeks.

I have an additional question about the project name.

I see here in the ANN thread and bounty GOLD as the main name for this project but on the website is Digital Gold used, which even looks better for me  .

I understand that the difference is practically very small, but would be good and is important to name it correctly.

So what is the exact name of this project?

Dear wwzsocki,

Thanks for the question, we will pass it on to the development team and publish the answer as soon as possible.

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

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.

There are so many scams in the crypto world that I just don't believe in empty words on a web page, only pure facts that I am able to check correctly.

So, 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.



Transparency in such a project is the key. Still, I haven't found one last answer to my question, which is: How is guarded access to stored gold?

What I mean is that a bad actor won't have access, for example, someone from the project and how is it secured? Who has access and how is it billed?

I just wonder and I'm afraid if there is such a possibility that someone from the project with access to the gold storage, will empty it and disappear one day.  

Dear coincap200,

Now we are listed on Cryptex.net. More exchanges will be announced soon.

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

How many exchange you listing in ?

Dear Plato,

About what switch you are talking about? Now you can buy GOLD using Bitcoin and Ethereum. You can check Cryptex to look about trading information. Our marketplace is a place where you can buy and sell the GOLD token.

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

I was introduced to this project by some friends, but what I'm worried about is I can switch to another crypto? I don't currently see any transaction history for this project. I am very interested in this project because this is the first gold project I know but if you give me more important information then maybe in the near future I will consider investing some gold to hold long term . I appreciate your development team's efforts, but the team should display investor trading information and make it more transparent.

Dear capcaypro,

We will post that information only all listing process will be finished. Follow us on social media.

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

Because Chain Security have reviewed the project’s design and architecture for compliance with best of their practices and assure the project is good to go in terms of security and to deliver the highest assurance guarantees.


Firstly, I want you to know that you can not manage people or an investment which glaring shows that the future is actually not promising or else you'll be badly affected. We both know that the reason why cryptocurrency was created was because of inflation/economic meltdown and you see a project which calm to be stable while their project was backed with the same national currency which was affected by inflation and you totally trust?
The digital gold token team is here to the crypto sphere and the world a better place.

You can audit it by your own (gold token supply and amount of gold stored in bullionstar wallet), transparency is the point.

https://gold.storage/en/audits

But why we should trust someone that he has the gold in the vault and the token is really backed up with real gold?
Look at Tether, they promised that they back every USDT 1:1 to USD. But now? They changed rules..  

So to be listed on the new exchange, are there any plans on which exchange to choose? Binance, Okex, Huobi?

Dear capcaypro,

The app development process is not currently commented on by the developers.

Listing on new exchanges will be announced soon.

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

Has it entered Q3, has the app launch been started or is it still in development?

And for the new GOLD exchange, when will it be public?

Dear bitlborg,

If you want to buy GOLD tokens it is safe. Because we have our own marketplace and the smart-contract audited by ChainSecurity - one of the leading and world-famous Swiss company with well-experienced experts that specialize in blockchain security. Each GOLD token is 100% backed by physical gold stored in a secure vault. That's why it is just like real gold buying.

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

I really interested in this project and I have a question. Is buying gold online actually safe?

It's great to see a stablecoin actually backed by real gold. This will bring a lot of confidence in the Financial Markets, especially with the way FIAT currencies globally are becoming more and more unstable and most are backed up by either fresh or debt, or actually BOTH at the same time, which creates a spiral that gets out of control and destroys the purchasing power for generations well into the future. Many of us have seen our wealth destroyed over the years and hence moving into digital currencies could be our last salvation and resort, because staying stuck in the old paradigms is just making us poorer and poorer. I hope to procure some of the Gold stablecoin and use it as a hedge against both inflation and also the devaluation of FIAT currency which has been our downfall, especially in the last 100 years with quantitative easing working on overdrive. This looks like one of the most interesting projects of 2019.

Dear xvids,

Thank you for the report. We are glad that your problem was solved.


Dear kynaz,

You can ask all your questions in the official ANN thread. Telegram chat is usually full of spam, stickers, and other not professional stuff.


Dear Xsidm,

We officially launched the 10th September. You can read the whole information on our website https://gold.storage

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