Tag Archives: Gold

UK Financial LTD. Announces the Creation of its New Gold and Silver- Backed ERC-23 Token

U. K. Financial LTD. is proud to announce the arrival of its new gold and silver backed, Ethereum Classic-based token, Maya Preferred 223 (MAPR). The new token enjoys the elite distinction of being the first advanced ERC-223 token to be backed with approximately $18,500 USD worth of gold and silver per token, and is anticipated to become the cheapest, and ultimately most efficient and preferred, method of executing money transfers, and more
importantly, payments worldwide once its marketing plan is fully implemented. Continue reading UK Financial LTD. Announces the Creation of its New Gold and Silver- Backed ERC-23 Token

Bitcoin Price Could Crack $10 Million, Become New Gold Standard: Asset Management Firm

Throughout the 2017 crypto market bull run, bitcoin price predictions kept the crypto hype train fat and happy. Whether it was eccentric ICO promoter John McAfee promising to emasculate himself if bitcoin failed to reach $1 million within three years or Fundstrat setting a “conservative” price target at $25,000, every crypto influencer had a price target — and most represented significant upside, often in the extremely short-term. Continue reading Bitcoin Price Could Crack $10 Million, Become New Gold Standard: Asset Management Firm

Digix Stablecoin Seeks to Put Gold on the Ethereum Blockchain

The stablecoin is still an evolving concept, and there have been multiple approaches to it. Dai has algorithmic methods to keep it tied to the US Dollar, while the multitude of stablecoins – USDT, PAX, GUSD, TUSD, and USDC — all simply offer a 1:1 exchange ratio. The recently-rebranded Ampleforth offers an elastic supply so that the holder always gets the same value out of their investment, while they may have a different number of tokens depending on the market value of the token. Continue reading Digix Stablecoin Seeks to Put Gold on the Ethereum Blockchain