🌟Goldenugget – The gold auction platform of the future!🌟

in blockchain •  5 years ago 

Many of us have long been familiar with the cryptocurrency market. Someone is its active user. Someone tried it once and got burned. And someone looks at it all from the outside and is afraid to try. Nevertheless, the market itself continues to grow and develop, forming a new layer of followers, as well as a number of other industries that want to help this direction.


Problems

But due to the presence of a large number of negative aspects, the cryptocurrency market is experiencing some difficulties, which prevent it from growing and developing at a double speed. This list of problems can easily include the high volatility of coins, and increased prices for electricity, which is so necessary for the entire mining industry, and the lack of any regulatory authorities to protect investors with their digital assets. Yes, what is there to dissemble, people are simply confused in all this variety of coins and do not know which of them are really worth something and represent some value, and which are completely empty.

Undoubtedly, all these factors form a kind of tangled bundle of problems, where each individual thread is a separate side of the issue. And that topic with coins really is a very serious confusion for many market participants, as they simply do not understand the difference between conventional utility tokens, security tokens or other stable tokens. If you are one of them, I literally in a nutshell, I will try to explain to you now, what is their significant difference. So:

  • In most cases, the utility token is a service coin, the use of which involves the payment of any digital services in a decentralized application.

  • If we talk about the security token, its main feature is that it is supported by various financial assets, which can be represented both in the form of some shares and bonds, and in the form of actual ownership of a small part of a company. Making it safer for investors from anywhere in the world.

  • The third type of marker is a stable marker, where the merger of the so-called two worlds, the world of cryptocurrency and blockchain technology, with the world of stable assets (real estate, precious metals and much more). This type of coins allows you to largely insure your investors from excessive market volatility and guarantee them a safer environment.

But as it turned out, there is another new type of token, which is designed to make a splash in the entire crypto-currency industry, demonstrating new standards of reliability and security for each of its investors. Interested to know the details? Then don't get lost and read my review until the very end.



About the project and its history

As you know, any token/token is based on the background he came from and the basis for the current token was a new resource-mining project called – Goldenugget. If you are careful enough, then against the background of the name you can already easily guess what will be discussed, but for those who are not too strong in deciphering the names explain. Goldenugget is a new cryptocurrency project that seeks to bring to the world not only qualitatively new guarantee tokens, but also to improve the entire gold mining industry. Why gold, because this precious metal is a high value as a hundred, two hundred, and even three hundred years ago, and now. Not to mention its future potential, which in principle only grows from year to year.

In fact, the basis of this project lay already operating company, founded back in 2011 year, which was engaged in the supply of earthmoving machines necessary for the extraction of gold on the African continent. According to its founders, Africa has a huge potential, which can be opened if desired, because its vast lands are full of various natural resources and gold is just a part of them. So at the junction of experience and knowledge, and modern technologies and tools originated Goldenugget new project.



Peculiar properties

After reading the previous two blocks, many of you can easily have such questions, and what is Goldenugget better than other existing blockchain projects that also specialize in gold?! And these questions have Goldenugget there are a couple of their answers. The first thing to start with is the fact that the entire mining industry Goldenugget will meet environmental standards. Goldenugget specialists have developed an innovative system for the extraction of gold from the rocks of our Land, as well as its further processing and enrichment. To describe fully all these stages, I now do not see the point, as more details about them you can read in the technical document of the project. However, in a nutshell, thanks to this system, they will be able to eliminate emissions of all harmful and chemical substances that are often used in the mining industry. As a result, they will be able to achieve the maximum environmentally friendly environment not only in the production zone, but also in its leaching processes.



This will reduce the use of water, which will reduce the depletion of local territorial waters, as well as not to disturb the existing flora and fauna in the district. Moreover, the founders of Goldenugget intend to use the sun as a constant source of energy, which will solve the problems with electricity consumption in local cities. As the excess of the self-energy, the founders Goldenugget intend to share with the local population and the nearby cities. Complement all of this list, are going to decent working conditions, as Goldenugget ready to give local people good working conditions in which they will be able to improve not only his own life but the lives of his family. Which I believe is extremely important and necessary for all countries in Africa.



Advantages

After carefully reading the above block, I think many of you are impressed by the high level of Goldenugget, as well as his approach to a very traditional in this field of Affairs. However, a clear advantage Goldenugget on existing blockchain projects is something else. And it is also directly related to the blockchain technology and its derived elements, expressed by the internal tokens of the system.

As you have already understood, each internal token will be backed by real gold mined. But as the project Goldenugget is not itself cryptohalite the stock exchange, to acquire your assets, you can only through the regular exchange or something better than Dutch auctions. These processes allow you to fully protect your investors from any fraudulent actions by Goldenugget, as well as to guarantee them a high level of reliability and stability of the project. Which, alas, is a rarity these days.


Token

As for the inner token of the project Goldenugget, he (GNTO) designed for the Protocol Ethereum and meets the ERC-20 standard. Its total minting amount will be only 30 million units, which will make it even more valuable and in demand in the society of interested investors. It is important to note that all transactions within the blockchain block will be checked every 30 seconds, as well as subject to state licensing and other authoritative consensuses. The equivalent of 1 GNTO is 1 USD.



Conclusion

One word Goldenugget deserves your attention. Since his principles of action are radically different from all his associates, and therefore he has all the chances to take a leading position in this sector. So do not waste your time in vain, read, study and get acquainted with Goldenugget in more detail. After all, for this I have specially prepared all the official social resources of the project, where you will find a lot of useful information. On this beautiful note, my article smoothly came to an end. I was glad to share with you useful information, good mood and see you soon!



The official resources of the project Goldenugget:

WEBSITE: https://www.goldenugget.ch/?hsLang=it-ch
TELEGRAM: https://t.me/GoldeNugget_token
WHITEPAPER: http://www.goldenugget-token.ch/Whitepaper%20Goldenugget.1.3%20.pdf
BITCOINTALK: https://bitcointalk.org/index.php?topic=5145425.0
FACEBOOK: https://www.facebook.com/Goldenuggetproject/
TWITTER: https://twitter.com/GoldeNuggetCH
ANN THREAD: https://bitcointalk.org/index.php?topic=5143332.msg51057493#msg51057493
REDDIT: https://www.reddit.com/user/GoldeNugget-Token/
LINKEDIN: https://www.linkedin.com/company/goldenugget/
YOUTUBE: https://www.youtube.com/channel/UC3rmIHUfUb_W_RZ4je-wkIQ/featured

AUTHORSHIP:
MY BITCOINTALK USERNAME: klimenok1991
MY BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=1238493
MY ETH ADDRESS: 0x90051516FC3451D7bF1b5e7D0A4486757FC81C32
UNIQUENESS 100%: https://text.ru/antiplagiat/5d8cf3a49abcc

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Thanks for the review! An interesting project, you will need to study it in more detail!

Nice review!

Great project idea! I'll keep an eye on him. Thanks for the review!

Great idea for the team! It remains to wish you success in the implementation of your plan!

Very interesting review! Definitely need to invest in their project!

Interesting idea! I am sure it will be implemented! Thank you for reviewing the project!