The emergence of a new breed of cryptocurrency projects providing gold-backed assets has been gaining traction in the industry. No wonder gold-backed tokens have become a hot commodity, as they offer investors an alternative way to gain exposure to gold without the need for physical storage or transport.
The most popular projects in this space are PAX Gold (PAXG), Gold Coin (GLD) and Golteum (GLTM). Gold backed NFTs in particular have gained popularity as they present an innovative way to trade gold.
The Golteum Ecosystem
Through Golteum’s NFT platform, users will be able to effortlessly purchase, sell, redeem, and transfer physical gold backed NFTs bridging Web3 with the scarce precious metal. Unlock the power of $GLTM, an Ethereum-based utility token that makes Golteum platform users’ lives easier. With this beneficial asset, you receive remarkable discounts and rewards with even lower trading fees than before! Furthermore, token owners will be able to stake their holdings, have access to lending backed by their NFTs, along with many more exciting features all managed through the same system.
Another exciting fact is that Golteum has officially teamed up with Fireblocks. To support their mission in launching a top-tier trading platform, they’ve chosen to integrate the Fireblocks Web3 Engine. This includes custody services, treasury management, risk mitigation tools, and their highly anticipated tokenization mechanism for the handling of all gold NFTs.
PAX Gold (PAXG)
Step into the realm of gold-backed crypto with Pax Gold (PAXG). Launched by the same team that created Paxos Standard (PAX) in September 2019, PAXG is a streamlined way for traders to begin making investments in precious metals. Easily tradeable across numerous exchanges as an ERC-20 token on Ethereum blockchain, enjoy quick and secure transactions courtesy of this innovative technology. At the core of Pax Gold’s mission is to make gold more accessible, as it can be cumbersome and complicated to move or divide this physical asset.
Gold Coin (GLD)
Goldcoin (GLC) is an innovative peer-to-peer cryptocurrency launched on May 15, 2013. This open-source cash payment system allows for quick and easy transactions without any time delays or L2 solutions. Furthermore, Goldcoin’s incredible scalability enables users to send payments at lightning speed all around the globe with no additional cost if one chooses not to pay a transaction fee.
Golteum is revolutionizing the gold investment sector with its pioneering tokenization platform. It provides a safe, streamlined and cost-effective means of investing in physical gold that isn’t impacted by volatile crypto market conditions – transforming gold investments into simple and stress-free transactions. When deciding to invest in Golteum, you can trust that the process, team and smart contract have been thoroughly evaluated by Certik, one the most dependable professionals in the field.
In the beginning of the private sale, each token was only valued at 7 cents – now it’s worth 13 cents! That’s an incredible 85% increase in value. If you’re thinking of purchasing tokens during Public Sale Round 1, then you’ll be delighted to know that there is a special offer available: get 20% extra when buying them at this stage of the presale!
With PAX Gold (PAXG), Gold Coin (GLD) and Golteum (GLTM) leading the pack, the gold-backed blockchain world is surely starting to look very promising.
Find Out More About The Golteum Presale
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