Stellar Gold (XLMG) is a stellar based token which aims to create a platform where people can easily convert their crypto assets to their country's fiat currency directly.
We’re reinventing the global equity blockchain – that will be a secure, smart and easy-to-use platform, where people can convert any crypto to their fiat currency very fast and without paying any conversion cost for the fiat.
Versatility issues have been around since the dispatch of Bitcoin in 2009. It exists in light of the breaking points of the most extreme measure of exchanges the bitcoin network can process. It is a result of the way that hinders in the blockchain are constrained to one megabyte in size. Thus, the current blockchain measure is 1 MB, the blockchain adaptability issue happens to be. Bitcoin blocks convey the exchanges on the bitcoin network since the last block has been made. Rather than Visa's pinnacle of 47,000 exchanges for each second, the bitcoin system's hypothetical most extreme limit sits at under 7 exchanges for every second. We need to enable the Satoshi's vision with Stellar Gold and instead of forking and hurting bitcoin framework, we will give an absolutely shared rendition of electronic money were adaptability issues are the matter of the past. we pick Stellar for propelling Stellar Gold since Ethereum has additionally plenty of inconveniences with respect to adaptability. 0.2 Our Vision: “Move Money Across Borders Quickly and Conversion of Crypto into Any International Fiat.” 0.3 What is Stellar Gold? Stellar Gold is a platform for the future of conversion of crypto to fiat easily. While existing solutions offer to solve just one problem at a time, our team is up to build a secure, useful, & easy-to-use product based on private blockchain. It will include easy cryptocurrency payments integration, and even a digital arbitration system. At the end, Our aims to convert the crypto currencies without any conversion cost like no deposit and withdrawal.
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Business Strategist and CEO Rated on Feb 27, 2019 Modified on Apr 18, 2019
3
3
2
25%
Team ★★★
Vision ★★★
Product ★★
The team finally has passed the KYC so I update my review.
The team is not large enough to handle a platform as they want to build, but it can be enough on this first stage.
The idea is interesting, the stellar blockchain is a good choice for this project and they will be able to get support and even funds from stellar.
But StellarGold needs a better and more detailed whitepaper. It is a very short document, there are not any business model and technical information about the platform.
The prototype is planned on June, after check it I will update my score.
ICOCROWD Editor-in-Chief - Blockchain + Strategic ICO Advisory Rated on May 10, 2019 Modified on May 10, 2019
4
5
5
18%
Finally a solid token project on the Stellar network with a strong vision to frictionlessly trade crypto into fiat. This is one I’m looking forward to be a additive part of the crypto ecosystem. The ease of development on the Stellar network gives me faith that a team does not need extensive dev capabilities to materialise a working stack.
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