Tether Gold

[ GLDT ]

1 GLDT = 1 Oz / 31.1 Grams

 .9999 AU GOLD 

About GLDT

What Is tether gold [ GLDT ]

 Tethers are a type of digital currency built on top of the Bitcoin blockchain. Each tether is backed 1-to-1 by Gold Bullion held in Tether Gold's Limited’s reserves. Accordingly, 1 GLD₮ is always equivalent to 1 Oz .999 Au Gold. Tether Gold lets you receive GLD₮ from a Bitcoin blockchain address and treat them as a GOLD equivalent  deposit. Similarly, you can withdraw funds to a Bitcoin blockchain address as GLD₮ 

Concept

 A digital token backed by Psychical Gold provides individuals and organizations with a robust and decentralized method of exchanging value while using a familiar accounting unit. The innovation of blockchains is an auditable and cryptographically secured global ledger. Asset­backed token issuers and other market participants can take advantage of blockchain technology, along with embedded consensus systems, to transact in familiar, less volatile currencies and assets. In order to maintain accountability and to ensure stability in exchange price, we propose a method to maintain a 1-1 reserve ratio between a cryptocurrency token, called tethers, and its associated real­ world asset, Gold. This method uses the Bitcoin blockchain, Proof of Reserves, and other audit methods to prove that issued tokens are fully backed and reserved at all times. 

Initial Crowd Sale



During our initial coin offering phase, contributors will finance the first GLDT tokens. These tokens will be distributed to exchanges for trading. Fees will be generated through the use of these GLDT tokens. These fees will be distributed as dividends to ICO partisipants. 


For opportunity / launch dates email

 

admin@tethergold.com

 

ICO info

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Contact Us

admin@tethergold.com

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Tether Gold

Pretoria, Pretoria, Gauteng 0182, South Africa

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