For the first, let's talk about a brief history of digital gold currency....
The idea of a gold digital currency has always had an appeal for those looking for an alternative payment system. Not long after the internet went mainstream E-Gold emerged as first digital currency backed entirely by gold in 1995. At its peak, millions of people around the world were using this service until it was shut down. Other attempts to make a digital gold currency were also made, but this was before the age of Bitcoin and blockchain technology.
Now with blockchain technology established as a secure accounting method, and with Bitcoin becoming better known to the general public, a new era of gold-backed cryptocurrency is emerging. There is a proverbial (and literal) gold rush happening now in the crypto world, and even countries are looking to issue their own gold-based cryptocurrency.
Then here is Goldenugget...
Goldenugget is a combination of decentralized blockchain technology and the most antique, reliable, increasing value, and stable asset, namely Gold. Goldenugget is the first Crypto platform that allows Token holders (GNTO) to buy or auction Dutch Mined Gold.
Goldenugget want to revolutionize the industry. From the use of new eco-friendly non-toxic chemicals, and become the most environmentally friendly miners on the earth, respecting our neighbors and working with them to create and build infrastructure and services so that once the project is finished they will have something to prosper on.
GoldeNugget is a reality, with more than 3.000.000 Euros invested in West Africa for the earth moving machine for the gold industry. Where you can really feel the dust, noise, and smell of business. Where people really have goals, where people really see the actual results in their hands at the end of the day. Just call it the "Old Economy", but this business used to be the actual money value, the same money that currently still allows you to buy bread. So why not unite old but dirty businesses with new innovative industries like Crypto in Switzerland where buyers can rely on predictable legal frameworks.
The mission goldeNugget is to create a Gold purchasing platform. The Goldenugget platform allows the GNTO Token purchasers the possibility to purchase Gold directly or to participate at Dutch Auctions which will give them the interesting chance to acquire Gold at a favorable price.
ROADMAP
GNTO TOKEN INFORMATION
GNTO is a token that compatible with ERC20 token (base ethereum blockchain), minted to 30,000,000 units with 18 decimal places, the Blockchain Goldenugget are stores and tracks all operations from the Gold manufacturing website, the Reverse Auctions website, the paper tracking items to be sold, making it redeemable at any time. The goldenugget giving the possibility to every purchaser to exchange the GNTO with its value in physical gold gives value to the project, and mainly gives the possibility to the purchaser to get physical gold, extracted in our gold mines. below is the specification about GNTO token.
Token Name: Golde Nugget Tokens
Symbol Token: GNTO
Total GNTO amount: 30,000,000 GNTO
Available for IEO (Hard Cap): 19,500,000 GNTO
Conversion Rate: 1 GNTO = 1 USD $ or ETH equivalent
TOKEN DISTRIBUTION
65% IEO
1% Airdrops
1% Advisory
13% Company Reserve & Development
5% Team
15% Advisors, Founders
Ok, the post above is only overview about Goldenugget project, for more info please visit to all Goldenugget project resources below..
Website: https://www.goldenugget.ch/
Ann Thread: https://bitcointalk.org/index.php?topic=5143332.0
Facebook: https://www.facebook.com/Goldenuggetproject/
Twitter: https://twitter.com/GoldeNuggetCH
Reddit: https://www.reddit.com/user/GoldeNugget-Token/
Telegram: https://t.me/GoldeNugget_token & https://t.me/joinchat/HOSqCxeeaENO3pRd6H76og
Linkedin: https://www.linkedin.com/company/goldenugget/
Proof of authorship:
Username bitcointalk: kaconk
Profile link: https://bitcointalk.org/index.php?action=profile;u=822749
ETH address: 0x41f8145E60E771693B0b32246e9fB4e278e3B270