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Kolkata, India.
1 Level
261 Review
18 Karma

Review on Digital Gold by Amit Singh

Revainrating 3 out of 5

Great opportunity to own Digital Gold.

I was looking for a crypto project where I would get a facility like buying physical gold, after looking at the whole concept of Digital Gold I thought this is the project I was looking for. It speaks to a brave and inventive project, intended to overcome any barrier among gold and the advanced ecosystem. The project holds various preferences for its clients, the gold market, yet in addition for blockchain innovation in general.
The project takes into account a few imaginative features, including, however not restricted to moment, minimal cost transactions, generally speaking network security and insurance from digital assaults, smart contract usefulness, market straightforwardness, uphold for all wallets, and backing for trading the token on exchanges (although GOLD is only being traded on the BitForex exchange).
Nowadays the price of gold is increasing day by day, at this time everyone is thinking of buying more or less gold. Digital Gold is giving an opportunity to buy physical gold using GOLD token with less risk. Digital Gold is a project that has not been funded by any ICO or crowdfunding, they are managing the project with their own funds. I believe this type of project lasts a long time so investing in Digital Gold would not be a bad decision.



Pros
  • A minimal cost token that includes no transfer charges.
  • It enables customers to purchase consideration in genuine gold.
  • All actual gold is protected, thusly the risks are insignificant.
  • The token is fixed to the assessment of the gold spot esteem, as such going probably as a stablecoin.
Cons
  • Although GOLD's trading volume is very good, my concern is that the team needs to list GOLD on some other exchanges.