Harum93: GLDS token a new blockchain solution for gold mining of the digital standard

INTRODUCTION

Gold is the most flexible, all equal. Gold is an individual metal that changes and sits at the same table occasionally with silver and copper. The social affair where gold can be found is usually named after a group of metal coins because individuals are usually accustomed to making cash. Gold, to be honest, is one of the main metals known to humans with its roots going back to 3400 BC by the Egyptians.

However, this does not make it less attractive even today. Indeed, in addition to jewelry, gold is used in the space industry, and in medicine, and much more. Therefore, the demand for the extraction, purchase and use of gold in everyday life does not fall and sow the day. And you can even say it is growing. Since throughout the whole time, as statistics show, the cost per 1 gram of gold is constantly increasing. So it remains the same valuable asset in which people with special enthusiasm invest around the world.

Specificity of the GLDS project: general information
The company owns gold and placer deposits, which are located in the east of Kazakhstan. Exploration work has shown that gold reserves of approximately 800 kg are found in this area. Also, based on the results of the work, conclusions were drawn about the presence of gold sulfide-quartz-vein formation with a reserve of about 5-6 tons in categories P2 and P3.

Today, a plan for the extraction of precious metal for 2020–2023 has already been drawn up. Gold will be redeemed by the state bank of Kazakhstan. At the same time, the appearance of other large producers in this area is not expected in the coming years.

What does the project use in practice blockchain technologies? Due to the fact that the blockchain allows increasing transparency and traceability of gold mining and use, it can help in the fight against illegal methods of metal mining. Blockchain allows you to create a single database that everyone can familiarize yourself with, but no one will be able to modify or delete entries from the registry. Buyers will receive more truthful information about the gold they purchase.

But so that these investments also keep pace with the times, the founders of GoLd Digital are ready to offer all of us new, more transparent, reliable and safe tools for investing in the gold mining industry and gold in particular. And this tool is called GLDS. About which, in fact, in more detail, I want to tell you now.

GLDS Tokens: Digitally Gold
Tokens issued by the project are provided with gold at the rate of 0.02 grams of precious metal per 1 token. 1 gram of gold costs about $ 50, so the nominal price of 1 token is $ 1. Now, while the ICO lasts - the preliminary sale of tokens, they can be purchased at a discount. The first share of GLDS tokens will be sold with a 25% bonus.

A total of 15 million GLDS tokens have been issued. 14 million can be acquired by investors. It is planned to list GLDS on various cryptocurrency exchanges, after which the tokens can be bought, sold or exchanged for another cryptocurrency, as well as withdrawn in fiat money or in gold. From November 2020, the company will begin to redeem tokens at the market price every 3 months.

You can learn more about the project at the following resources: