Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 72. (Read 30263 times)

Dear hulla,

Usually people like when they can see development and serious team mood. It is much better to expect from the project what is written in its whitepaper.

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

I think people are expecting too much from the team which is the reason why they hardly view or examine the unique job and innovation done by the Gold token team cause it hard to see a project with no ICO,IEO, fund raising etc and able to provide a good liquidity, security and fast 24/7 market place done by the Gold token. But, I will like the team put the advice of Libert into consideration.

The exchange which the token was listed is not among top exchange site and the Gold team have once vows to list their token on top exchange which they have keep their promises due to their honesty. Aren't you the one that once said scam project operate in diverse ways and if the team proof their honesty and seriousness by getting the token listed on top exchange site I don't see something bad in it.

cool prioritizes quality and service, not in a hurry to do without ico, it means that gold has the funds to continue to do it slowly, ideas and unique ideas to create high-quality gold projects

Dear libert19,

We are moving forward and developing our service. There is a lot of work ahead. Our team is doing everything gradually and directionally. We do not do an ICO and we don’t need to immediately spread info about the token and quickly raise funds. Our main priorities now are good service quality and instant accessibility to the token.

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

Of course, that listing only on a couple of big and established exchanges is better as much smaller once but this is impossible to achieve, especially for such a new project.

First, you have to have enough volumes and liquidity on these smaller exchanges to convince bigger once to spend the time and effort to list the token.

Remember this costs a lot of time and money to maintain such a token on an exchange, so they have to have a lot of buying and selling to earn enough on fees to be willing to do this.

Imho, instead of many small tier exchanges just few top tier ones will be better.

Dear wwzsocki,

We are talking about four exchanges where we listed GOLD. Bitforex will be the fifth.

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

Thanks for this explanation but it should rather be addressed to @Tmfp because I know about this and tried to explain the exact same thing  .

My question was about the latest GOLD token listing on exchanges, not Digital Gold as a liquidity provider.

To which new exchanges has the GOLD token been recently added? That was my question   .

Dear wwzsocki,

We will provide liquidity in each exchange. It means that we will be ready to buy large volumes of GOLD tokens by the price close to nominal with a small spread. If you didn't see any orders on the exchange it means the integrations with the exchange still not finished. Right now, you can sell any amount of GOLD tokens through the marketplace on our website. Please do not rush us. We did not make an ICO. Now we are at the Digital Gold launch phase, We come on the market to work for a long time and it does not matter if somewhere the orders will be displayed earlier or later.

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

Ahh, I didn't realize that. Why do they need eight exchange listings? That's spreading liquidity unnecessarily thinly for such a token imo.


Yeah, that would be good. 

And I understand exactly what you ask (I think  ) and only provided Marketplace as an additional way to sell/buy instantly the GOLD token.

As I said already Digital Gold is a liquidity provider on exchanges were the GOLD token is listed actually.

According to exchanges question, as you see the announcement about the listing is really new and all exchanges you mentioned above were on the Digital Gold website from some time.

Digital Gold was already listed on 3 or 4 exchanges and yesterday added another four, but they didn't mention which once.

I hope we finally understand each other  .

You cropped/misunderstood the question. I know each token is supposed to represent 1g of gold, that's my point about liquidity provision.
Liquidity provision is easy with non linked tokens but, say there is a large sell order with no buyers, are GOLD going to absorb that selling and its cost themselves?


What do you mean? You asked


The answer I gave, based on a visit to their website and a quick search, was a list of the four exchanges they refer to here
and Bitforex will make five.


Yes, I understand how tokens are bought and sold. Liquidity provision is something else.

I subscribe that GOLD is not listed on the best exchanges out there, but still they are a great addition to the direct marketplace offered on their website. I think this project mostly needs awareness and listing on many exchanges where the Digital Gold team is providing liquidity on is just a big PLUS for me. Bitforex should attract more eyeballs on the asset and also provide the company with more profits from creating liquidity, thus creating a healthy ecosystem for the GOLD token.

Yes, it is and it was already explained a couple of times in this thread.

Here quote of my post:


All these exchanges you mentioned were already known, so it has to be some other exchanges.


Digital Gold is a liquidity provider for the GOLD token on actually listed exchanges which are accepted by the team and additionally they provide Marketplace where you can buy or sell GOLD tokens 24/7.

Als already explained in the thread:

I can only see a selection of shit exchanges on which this is currently listed. Apparently, according to that news link, they "carefully support" liquidity:

Livecoin. Trading around $48 with a couple of grand volume (CoinGecko listed)
Cat.ex. Nothing doing.
Coinsbit.io. Nothing doing.

Being listed on Coinsbit usually means a listing on P2PB2B as well, for what it's worth. Maybe that's exchange #4.
That whole setup is the source of severe doubt with some of us.

I'm a bit puzzled as to how they can provide liquidity to a coin, the main attraction of which is the fact that each token is linked to a physical amount of gold?

Edit:
Exchange #4 may be Cryptex?

This is great news and I only wonder why have you waited with announcement?

Such big news has to be shared immediately with supporters here but especially with bounty campaign participants, to let us share this great news in translated Digital Gold project ANN threads and our local groups. Without news and announcements, there is nothing to share  .

I am sure that many members check this thread for news and even never post anything. I do it very often because I will be not able to respond in all threads I read.

Anyways, great progress Digital Team, only it would be great to know which exchanges listed Digital Coin token GOLD and if you are also a liquidity provider for the GOLD token there?

Dear wwzsocki,

We listed GOLD on four exchanges already. But still we are working on Bitforex listing. We prepared airdrop and a special contest for the users. The team and the technical department continue to coordinate with the exchange devs. As soon as we list GOLD there, we will publish the information in the thread.

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

I see that after my last post all signature spammers run away from here and now this thread is almost dead with no organic discussion.

This is the problem of Bitcointalk that many threads catch almost no attention from the community despite the project is good and legit.
I don't know why this is happening but it looks like people are just not interested in new projects and after so many ICO scams they just can't believe anything is legit anymore.

Additionally, other services like Telegram offer a lot more flexibility and tools needed to moderate and communicate in real-time, so they choose to start the promotion there sometime even never introduce themself here. Even such projects like Digital Gold struggles to catch the attention and in the off-topic section, people are talking about nonsense all the time.

I spotted lately, that there are new projects which are like an exact copy of Digital Gold and I think we can see it as a success. I don't mention the tickers or names on purpose because this is DigitalGold thread but I can add that they will tokenize silver and diamonds, so if anybody is interested can search further for more information.

PS
If there are any new announcements or updates from the Digital Gold team then it would be great to hear but I suppose is still too soon.

I have just written a new article about the Digital Gold project and the GOLD token.

If anybody is interested in Digital Gold or wants to know how exactly all this works and how the GOLD token is used to tokenize real gold, then this article is for you.

GOLD TOKEN – ALTERNATIVE TO TRADITIONAL FIAT-BASED STABLECOINS