Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 61. (Read 31865 times)

Yeah, very expensive for a team that did not even carry out an ICO/IEO. The best thing is to gain traction and momentum and as time goes, i believe the exchange listing on bigger platforms will come in naturally

AFAIK, at this point in time, it's not possible because it involves some costs which makes no sense. But honestly, having the gold token has added benefits of being digital gold while at the same time it's pegged to the gold price

So tell me, and sorry if this has been asked before, but i didn't have time to read all the pages.
Can a person, holding your token, actually exchange it for physical gold bar?

When I saw the cost of listing on Binance (given by GOLD_official), I am shocked. With that expensive cost, we have to save that fund for other meaningful things. @NeuroticFish raised a good point, if we know that such an outdated coin like Dogecoin was listed on Binance (without developer team's actitivies after years), GOLD token has it chances, not only on Binance, but also on other good exchanges.

Exchanges get benefits from coins/ tokens that are good and listed on their exchanges, so they will do give free listings if they find potential of projects.

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.

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

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).
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

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.

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

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 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

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.

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.

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.

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)

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

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.

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.

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.

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

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.