
Goldchainex Ou Announces The Launch Of Its Ieo Presale & Launch Of Goldchain Exchange In March 2022
Goldchainex Ou Announces The Launch Of Its Ieo Presale & Launch Of Goldchain Exchange In March 2022 Publish
GoldChain will change the world system in buying, selling and arbitrage trading of gold using a decentralized blockchain network.
The GoldChain Sukuk fills the gap between Islamic financing and global capital markets offering lower transaction costs through implementation of blockchain technology.
GoldChain Sukuk is a trust certificate initially issued as a Sukuk GC digital token. Later these Sukuk GC tokens will be converted to a utility token using TRC20 smart contract based on blockchain technology. This process is used as it is prudent to achieve the minimum Sukuk subscriptions prior to the ICO exercise and listing on the GoldChain exchange and XAUs tokens.
XAUs is a crypto token that is a stable coin, meaning they represent a physical asset, in this case gold. XAUs are an innovative crypto token as each represents a weight of gold. This provides XAUs with an intrinsic value to the holder, unlike many other crypto tokens that lack an intrinsic value. XAUs representing gold offers additional value as gold has stood the test of time for preserving wealth and is an acceptable method of payment throughout the world. A XAUs token represents 0.425grams of 22kt gold. By the design of the XAUs, can be exchanged for any gold products offered within the GoldChain ecosystem in addition to 10XAUs being exchangeable for an Islamic gold dinar coin standard. This makes XAUs attractive within global capital markets and the Islamic community for undertaking commercial transactions, investing, and gold arbitrage trading using XAUs as a standard margin. The Islamic Community population is estimated at 1.8 billion. XAUs offers a powerful instrument to arbitrage between different gold markets through the implementation of GoldChain’s unique single trading ecosystem utilizing crypto algorithms employed to manage variations in contract sizes, gold standards, prices, and currencies. XAUs are expected to be in strong demand from traders, market makers, gold producers, risk managers, and bankers throughout the world seeking to taking advantage of the powerful opportunities offered by XAUs upon listing on the major exchanges. XAUs High Level Workflow of Stable Coin Development:
XAUs are expected to be in strong demand from traders, market makers, gold producers, risk managers, and bankers throughout the world seeking to taking advantage of the powerful opportunities offered by XAUs upon listing on the major exchanges.
Allowing paring with all major fiat currencies and tradable across other crypto platforms.
Physical gold with weight providing intrinsic value to the holder
Decentralized blockchain network
combines state of the art software
GoldChain’s Trading Venue (USG) combines state of the art software and hardware components of matching engine technology that allows forex traders to match their trades through multiple liquidity providers.
USG trading venue is a game changing technology that allows the creation of a new generation of transparent, distributed, and independent ECN forex market where forex brokers can build liquidity basing on institutional LPs and retail clients’ orders.
GoldChain Exchange (GCex) is a crypto exchange accessible via the internet that allows users to sell or buy XAUs or other cryptocurrencies and convert the tokens back into fiat currency, commodity, or physical asset.
GoldChain Exchange (GCex) is a crypto exchange accessible via the internet that allows users to sell or buy XAUs or other cryptocurrencies and convert the tokens back into fiat currency, commodity, or physical asset. XAUs’ pricing and liquidity will be provided by the world class and trusted Uni Swap.The advantages of using the GCex are:
Every user’s personal information will be protected through encryption using MD5 technology.
The physical gold representation for each XAUs will be stored within Custodial Banks providing assurance of physical settlement when requested.
Transactions will be recorder in a secured ledger using a decentralized blockchain
GCex has been designed using the latest technology to offer users low transactions fees for deposits and withdrawals.
XAUs’s is designed to be offer low and competitive trading fees on the trading of cryptocurrencies in multi-network.
Providing Crypto Tokens
No hidden fees and minimum spreads providing users fair market price.
easy access to the physical gold stored in professionally managed and fully insured gold bank vaults
GC tokens are of equal value representing undivided share ownership of GoldChain’s assets and services based on an initial payment for a future anticipated gain in value. GC tokens will gain the benefits from the success of GoldChain ecosystem upon launching of its Sukuk bond.
GC tokens are utilized in subscribing to the Sukuk bond. TRC20 GC tokens are tradeable instruments providing profit-sharing and appreciation of the GoldChain ecosystem, much like traditional equity stocks but without the liability associated with company ownership. Sukuk launched by GC complies within Shariah Law. Sukuk can be defined as "certificates of equal value representing undivided shares in ownership of tangible assets and services based on a spot payment for a future return of the principal payment. The Sukuk issuance of GC will have no effect on the ownership of the company nor the control of the GoldChain ecosystem. The GoldChain Sukuk fills the gap between Islamic financing and global capital markets offering lower transaction costs through implementation of blockchain technology. Unlike traditional bonds that are debt instruments with an interest component, GC are tradeable instruments based on a profit-sharing and appreciate models, much like traditional equity stocks.
The funding of GoldChain ecosystem will be through crowdfunding. To provide value protection to investors, the number of GC tokens will be capped at 10 million. Depending on management decisions, surplus GC tokens may be “burnt”. A “burnt” token is permanently removed from circulation – unable to be transacted within the ecosystem. The phases to raise funds for the ecosystem are:
These funds will be raised to fund the established of the GoldChain ecosystem including the development of the GC Exchange, purchase gold inventory, the minting and launching of XAUs crypto stable coins, and securing the necessary licenses. To participate in the Sukuk GC, subscribers during the initial fund raising can purchase GC tokens priced at 10 USDT each. Future GC’s subscription price may increase depending on subscription demand. These funds will be applied to further develop the GoldChain ecosystem. The offered amount of GC in this phase will be set at 700,000 GC tokens with a minimum subscription of 350,000 before 30th December 2021. Funds will be returned to investors by the Trustee in the unlikely event the minimum subscription is not achieved by 30th December 2021.
A wallet is a physical item that holds a program storing the holder’s blockchain private and public keys. Private keys provide a holder to access their token account on the blockchain. While public keys provide access to the exchange or platform to undertake token transactions. The private key gives the holder control of their tokens stored on the blockchain. Therefore, it is vitally important for the holder to ensure the private keys are secured. If any other person gets hold of the private keys, they will lose ownership of their tokens on the blockchain. The private keys cannot be recovered by the blockchain. The GC Wallet will comply with Estonia regulations and compliance
Listing Some of Updates
Goldchainex Ou Announces The Launch Of Its Ieo Presale & Launch Of Goldchain Exchange In March 2022 Publish
NEWS PROVIDED BY RBP FINIVIS October 07, 2021, 10:18 GMT RBP through its Mego Pay App and United Capi
Goldchainex Ou Announces The Launch Of Its Ieo Presale & Launch Of Goldchain Exchange In March 2022 Thursda
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