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Topic: [ANN] XLDZ - LD2: Silver Backed Cryptocurrency / Stablecoin (Read 145 times)

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Timeline
The LD2 ecosystem is being developed over a series of asset-backed cryptocurrencies, each with their own issuances.
Below is a timeline of our progress to date, as well as our plan to roll out the rest of the ecosystem in the coming months.



copper member
Activity: 4
Merit: 0
LD2.zero Information
Symbol: XLDZ
Decimals: 18
Maximum Supply: 10,000
Transaction Fee: None
Redemption Fee: Reasonable Shipping + Handling (cheaper than most bullion houses)
Audited: Monthly, by third party


What is LD2.zero?
LD2 is an asset-backed cryptocurrency that facilitates vaulted, physical ownership of precious metals. LD2 embodies the spirit, methodology, principles and community of the Liberty Dollar currency. Building on this predecessor, LD2 aims to function as a “stablecoin” – a globally liquid, value-stable, low-volatility, cryptocurrency, without a central bank, 100% backed by precious metals.

The LD2 cryptocurrency functions as a blockchain-based digital warehouse receipt, with the silver-backing on deposit with a third-party vault and an independent auditor providing a monthly audit of all holdings on deposit at the vault. The auditor works on behalf of token holders to verify that all issued tokens are backed by the specified amount of assets. For LD2.zero this third-party vaulting verification and independent auditing ensures there is exactly one troy ounce of .999 fine physical silver in the vault for each token issued at all times – independent of token ownership.  As a digital warehouse receipt, every LD2 token is redeemable through the third-party depository for the precious metal on deposit. Physical redemption not only structures LD2’s economics and value proposition but builds trust with token holders, something badly needed within the existing cryptocurrency market/ecosystem.


Important Links
WEBSITE  -  TEAM  -  WHITEPAPER  -  ONE-PAGER  -  LD2.ZERO SALE  -  REDEMPTION  -  FAQ


Contact the Team
Telegram  -  Twitter  -  Reddit  -  [email protected]


Contract Source (verified): https://etherscan.io/address/0x2f5cdc81a729b750f3b733cb95660e788441c71e#code
Token Contract: 0x2f5cdc81a729b750f3b733cb95660e788441c71e
Crowdsale Contract: 0x2f5cdc81a729b750f3b733cb95660e788441c71e
Issuer: 0xa048926f1d70ed931a99345fd80c3a35141775ee
Depository: 0xb890a5934f2fd3071730ce62c2c5a09ec188ab69
Auditor: 0x8208456acaaf96e28b7337ce3b164e954ad9577d

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