Easygold Token: Gold investment expertise meets blockchain technology
Gold investment – the remedy for rising inflation?
Gold is well known for being one of the most effective investment classes for those looking to hedge against inflation with little or no risk. Its scarcity and increasing cost of mining along with the increasing rate of currency printing in our monetary system are the most notable reasons for its reputation.
Nevertheless, investing in gold is not as easy as it seems. The precious metal is not immune to the forces that govern the financial markets, and for the inexperienced investor it can also spell disaster if the timing of the investment is not right.
The use of gold in the cryptocurrency market
In the early days of the cryptocurrency boom, ICOs and STOs, several projects tried to capitalize on the reputation of the precious metal and implement it in different configurations with different use cases. One of these concepts that proved sustainable was gold-backed stablecoins.
A stablecoin is, as the name suggests, a cryptocurrency that is stable in price. Stablecoins have several advantages in specific usage scenarios, such as when used for payments due to their price stability. They are widely used in the cryptocurrency market today, with a significant amount of crypto transaction pairs having at least one of the leading stablecoins such as USDT or BUSD.
To ensure a stable price of a stablecoin, it is an asset held in a reserve in a specific ratio to the total circulation of stablecoins. The most notable examples are currency-backed stablecoins, which in most cases maintain dollar reserves. However, the support agent can also be a commodity or a precious metal – for example gold.
However, blockchain technology and the gold sector offer many more synergies that go beyond simply protecting the price of a particular token. One of these advantages is the tokenization of gold assets, which can allow companies to fractionalize one financial instrument representing gold into several smaller parts (in the case of cryptocurrencies, these parts will be cryptotokens). This can greatly reduce the barriers for smaller investors who are otherwise restricted if they cannot meet the minimum amount of capital required.
The Easygold Token Project
The Easygold Token project takes it all a step further. The project not only lowers entry requirements by creating a security token that can be purchased for as little as €1.00 per unit, but also rewards holders with passive income in the form of annual dividends that can reach up to 50% for long-term holders.
The project follows a simple process that has been optimized over a long time and is dependent on a large network of suppliers and industry stakeholders. Raw gold is bought from suppliers directly from the producers in large lots at discounted prices. The gold is then transformed into high-quality gold bars using a highly sensitive but environmentally sustainable process. The bullion bars are sold on the open bullion markets such as the London Bullion Exchange at a net margin of 20% to 30%. The resulting income is then reinvested back into the same process, repeating it. This allows the business model to scale exponentially over time, which essentially leads to self-reinforcing cycles with a higher purchase amount of raw gold every next cycle and increasing income.
The EASG token
The EASG token is a security token. Unlike Utility Tokens which have historically been volatile and lose their value in 90% of cases due to the low level of regulation around the issuer, Security Tokens are similar to traditional stocks in terms of the regulatory requirements they must comply with. They must be approved by the financial authorities of the jurisdiction in which they are issued and require a prospectus if they are to be sold to non-accredited investors. This provides a much higher degree of investment security for stakeholders, and removes some of the concerns surrounding cryptocurrencies today, such as lack of accountability and volatility.
Furthermore, the EASG token uses the ERC1400 standard, which offers many additional technical features compared to the widely used ERC20 standard that most utility tokens are based on today. Some of these include whitelisting and blacklisting of certain addresses, delegation and forced transfer of tokens, stakeholder identity management, validation of on-chain transfers and many others that improve transparency for investors about their ownership rights and ensure a high degree of security.
The company behind Easygold Token
The Easygold Token project was created by the Hartmann & Benz company, which was established in 2019 by a team of experienced entrepreneurs, investors and financial experts. Shortly after its incorporation, the company introduced several innovative products for gold investors, allowing them to purchase physical gold in the form of high-quality gold LBMA-certified 999.9 gold bars with an initial capital of only EUR 10. The company managed to attract a customer base of over 1,000 investors and reached its break-even point just 10 months after its establishment.
Several German online media, TV channels and magazines such as Focus, Stern, Wallstreet Online, Welt, NTV and others featured Hartmann & Benz. The company was awarded with several certificates from various organizations such as the German Institute for Quality Assurance, marks from trusted review sites and companies such as eKomi and Trustami and many others.
The future of gold investing is right around the corner
Easygold Token plans to leverage its vast experience and partner network in the gold investment landscape to create a revolutionary investment class that makes gold investment seamless, more profitable and easily accessible to any investor.
The company will offer a 20% discount on all purchases made during the private token sale. To learn more about the Easygold Token project, visit www.easygold.io today and sign up for the whitelist.
