New Crypto Backed By Gold Bullion Makes Debut

New Crypto Backed By Gold Bullion Makes Debut
фото показано с : cryptodaily.co.uk

2018-9-21 00:00

Earlier this month, three stablecoins (Gemini, Paxos and Carbon) that are pegged 1:1 to the U. S. dollar launched with regulatory approval. But many investors don’t like the dollar’s inflationary features and some undoubtedly prefer value stored in precious metals.

This week, a Switzerland-based startup launched an ERC-20 token whose price is tied to gold, opening a crypto-investing avenue that appeals to traditionalists.

Eidoo’s (Ekon) coin is redeemable for one gram of 99. 9 percent fine gold.

Continue reading New Crypto Backed By Gold Bullion Makes Debut at Crypto Daily™.

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