Keywords: gold backed digital currency, asset backed securities, best crypto to invest in, gold backed currency, asset backed ico, digital gold currency, asset backed investments
Goldma is combining the best attributes of gold and cryptocurrency. Simply stated the GMA token is delivering a gold backed currency to the market. This digital gold currency aims to resolve the questions regarding cryptocurrency not having ‘intrinsic value’ by linking its value to gold.
This gold backed digital currency is set to create a new benchmark in the cryptocurrency industry as the best crypto to invest in. Also, people who firmly believe in using gold as a measure of value can find real value with this gold backed digital currency. This is a unique model that offers a two-in-one benefit to investors. It is one of the best asset backed securities and asset backed investments that ever existed in the cryptocurrency platform.
Although Goldma is considered as a gold backed digital currency, we do not store any gold; instead, we sell the gold to the Reserve Bank and use the proceeds to buy Ether. Consequently, there is no headache or any risks involved as we do not store gold.
As a novel digital gold currency, we digitize our value to the Blockchain that facilitates gold commodification, thereby we lessen the volatility of cryptocurrency and enable small investors to participate in the gold mining sector with the GMA token, our gold backed digital currency. Consequently, you are not saving only to have your value locked in some vault; your saving will give you an actual return from the net profits from the mine!
Goldma is offering the asset backed ICO to the market to enable interested investors to take advantage of this gold backed currency offer. Irrespective of the fluctuations in the crypto market, we will give each GMA token holder a 5% royalty from the net profits of the mine converted to Ether each quarter. This is equal toa 20% royalty from the net profits of the mine per year.
As a gold backed digital currency, Goldma adds immense value to the Blockchain ecosystem. It is, however, noteworthy to state that Gold Mining Assets (GMA) runs several gold mines, which are mining and selling thousands of grams of gold annually.
Our project aims to
1) Decentralize the opportunity to invest in a multi-million dollar gold mining projects;
2) Enable anyone to inexpensively and securely transfer value anytime, anywhere
3) Store value in an asset backed cryptocurrency;
4) Allow companies and investors a means of receiving and remitting investment/royalties/dividends anywhere, anytime without the barriers of cash
5) provide a means of GMA token holders to earn royalties on their investment into our gold mining company