Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 82. (Read 31537 times)

When I was translating the content of the https://gold.storage/en-US/home website, I have already found all answers to the questions I had so far.

Anyways this is great that you provided all this info because it would be useful for other members interested in the Digital Gold project.

I am very happy that Digital Gold is so transparent and provide Live Audits feature which allows controlling stored gold bullion in the BullionStar vault in real-time.

Additionally, everything is fully insured and the vault is secured as good as possible. Everything is checked and audited and there is no threat and even if something will happen Digital Gold is fully covered by insurance.

Dear wwzsocki,

The assets are accessible only to leading top management of our company with serious liability conditions written and signed in the contract. Theoretically even low level employee in the bank has access to large amounts of funds and there is even higher risk to see him disappeared with money in safe box than financial top management at Digital Gold. We also have agreement about our business model with our partners - Bulllion Star. They know that we hold our customer's gold in the storage and will not approve quick and unusual withdrawal of  assets from their vault storage. We also may assure you that nor developers, neither ordinary employees have access to Digital Gold assets in Singapore vault storage, we never did ICO or any of similar fundraising campaigns. Digital Gold platform was developed fully with funds of it's founders with global marketing, listing on exchanges and liquidity support strategies and will become more trusted and more popular month after month with each completed step of further development of Digital Gold platform. Any forms of illegal actions of company's top management are meaningless and have no sensewith our expansion plans  at all

At the moment current value of gold in the storage is less than 0.5 Million US dollars. Once the amount exceeds 1 Million US dollar, we will start arranging some additional procedures with our storage partner Bullion Start to raise guarantees for GOLD holders. We are already thinking of possible options to make sure our customers will be satisfied and will have no reasons to worry about such risks at all. At the moment this issue is not relevant due to small amount of physical gold bought with Digital Gold founders own funds.


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

This is really good news for everyone because this project is finally listed at one of the top exchanges. Hopefully everything will go well and the project will attract more participants in the future because I appreciate this project and will buy some gold to hold in the long term because the current market is very volatility and greatly influence the psychology of investors

Thank you for this information. I already have found my answers yesterday but I was too tired in the night to post about it.

I am enrolled in the signature as everybody can see but also applied and was accepted to the translation campaign and that was the best thing to do.

When I was translating the website, I had to read all the content (every single sentence) couple of times and now I know everything about Digital  Gold and the GOLD token.

To be honest, I am surprised that I haven't heard about Digital Gold much earlier.

Dear wwzsocki,

GOLD is a token ticker. We use GOLD in the ANN and bounty thread because of limit in the thread name. The project name is Digital Gold.

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

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?