EGold is a blockchain-based platform that uses GOLD digital assets, which are 100% backed by delivery futures or physical gold. This means that one GOLD costs the same as one ounce of gold on the Chicago Mercantile Exchange. EGold stores physical gold in US Federal Reserve System banks and in Singapore SGPMX custodians, and with the intention that its gold reserves should constantly support or exceed the number of GOLD assets it has in circulation.
EGOLD gives you a cryptoasset (called GOLD) whose value is based on Gold. This asset runs on a decentralized blockchain and provides the following benefits:
It serves as a type of futures contract in that there is a legal agreement to buy or sell the gold at a predetermined price at a specified time in the future.
You can hedge cryptotrading risks.
If you invest in gold, you’ll find that GOLD benefits you in the following ways:
GOLD helps you use your gold-backed investments as credible collateral.
You’ll be able to trade gold quickly and easily.
You’ll gain higher returns from your gold funds as bullion prices rise.
EGOLD developers have a long history of working with gold and cryptocurrency. They also possess the marketing, programming, logical, technical, and operational skills needed to accomplish this project.
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CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert Rated on Jun 26, 2018
1
1
1
20%
Very little team ..... yet not passed kyc verification.
About vision lots of competition in the market right now .... I don't think this will be an good investment ... I don't think this project will give you any ROI ......
Entrepreneur | Data Analyst | Investor Relationship| ICO Marketing & ICO And Blockchain Consultant & Advisor Rated on Jun 26, 2018
1
1
1
19%
--- Not much good Team members and also advisor board.
--- Team KYC not passed
--- Whitepaper needs quality and improvements about project.
--- Roadmap doesn't look very well planed
--- Not a good investment.
Co-Founder & COO iXledger | Blockchain | MIT Media Lab Rated on Jul 13, 2018
2
2
1
13%
Team : No core team for the moment.
No MVP at this state, there is many projects with this idea.
Really strong potential market.
But the major difficulty is to create a proper partners to launch the business and I don't meet the strategy associate in the WP.
Current legal restrictions will create troubles for such project.
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