Regarding the audits, how authentic do you think are those? Is there no bias in undertaking such audits? I still have hesitations on this project as I remembered the Maya Preferred project. They have all the docs attached showing the metals owned by the team, yet, it turned out to be a huge scam.
I'm aware of the Maya scam situation but this project is different because the audit is already confirmed
Chain Security and a user has emailed them either for
proof. So, the case of Gold digital token is different and the project was launched without ICO,IEO etc.
As much as I have checked this is not fake and live audits are confirmed but BullionStar just like quoted above.
If you read this thread carefully I have written about this some time ago and posted all needed screens and links to all audits and websites.
Additonally, there are third-party audits that are made by service from outside Digital Gold and BullionStar companies.
Here you are my post one more time:
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.