Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 77. (Read 31858 times)

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.

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. 

i think they will be the market makers in all exchange that  listded this tokens and as you know that both the website you said above is a popular website that many people use it to trading
while the others is still not popular enough so the price/trading volume is lowest

if you want to focus on the values of your crypto resources. Your benefits can preserve its value, because each GOLD token is physical gold. GOLD, because its value depends on the value of gold. Gold is a phenomenal difference from stable coins in rubles or euros.

GOLD in the Catex and Coinsbit exchanges does not have a medium volume in Cryptex and Livecoin has a stable volume, so how do teams make GOLD in all exchanges having the same volume?

GOLD in the Catex and Coinsbit exchanges does not have a medium volume in Cryptex and Livecoin has a stable volume, so how do teams make GOLD in all exchanges having the same volume?

Dear safari88,

On each exchange where we made a listing contract, the price of the token will be almost equal to the price of gold. We will be market makers, placing buy orders. It takes a lot of time to integrate with the exchange.  Everyone has different APIs. All investors who wants to sell GOLD tokens can do that through the marketplace on our website https://gold.storage

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

wow now the tokens already has around 4 exchange and i hope the price for each token in the exchange don't go lower than we expected

The Gold digital token is also listed on Coinbit exchange today and to be list on BitForex in few days.

I am curious where will this project be after a year or couple of years. Can they really sustain this coin and be consistent that this is backed by gold?

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.

Yes, all the previous project who claim their token to be back with real were unable to maintain the price of their token but the Gold digital token is different cause the token is absolutely backed with pure gold and its price have been intact with the price of gold in the market so far.
I don't know how the team achieves this but they are prove to be totally competent right from the birth of this project.

I don't think it's possible that Bullionstar is a company with tight security, and I also have never heard that bullionstar is hacked, bullionstar is a physical gold storage area so it is not possible to hack through computers or have their data deleted.

I think this token will still be in the future if physical gold is still at bullionstar.

I have a question,

Let's assume the worst case scenario, BullionStar gets hacked and all funds get wiped out then what will happen to gold token?

I don't understand what your intention are but I found out that you posted the listing of another token the same day you post this message.
The question is, are you in touch with the team before you add the token?
 Cause the listing news are always post by BM

is that mean they will make the price more stable same thing with gold since its backed  i already see many project told they are backed by gold but they cant maintain the price.

Right, until now still waiting for the telegram channel to chat so that it can ask the team to be more efficient directly to investors, the team must hire CM to manage the telegram channel so that it is easy to interact with other investors.

I think the project official website still has some major issues and there aren't too many details available here. In my opinion should add the development team of the project and have a separate chat channel for investors because before buying gold they will tend to ask a lot. I personally love the way the project is developed but the current site is still very rudimentary and lacks professionalism in the design.

Dear hulla,

We will think about that and make some changes soon. Thank you.

Regards,

They actually do. The token is 100% backed by physical gold and is kept in a secure vault. Check out for details here to verify for yourself: https://gold.storage/en/audits

They actually do. The token is 100% backed by physical gold and is kept in a secure vault. Check out for details here to verify for yourself: https://gold.storage/en/audits

Dear hulla,

We will think about that and make some changes soon. Thank you.

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

Gold has been listed on https://logicdex.pro/#0x0d16450d347c12c086d6c94c76c5aaac35ea07e0-ETH

its a decentralized exchange !!