What Is LYFE GOLD? (LGOLD)
LYFE GOLD is is part of Lyfe program to create an asset-based stable token, backed-up by physical assets or commodities to complete market-based Lyfe Token ecosystem. LGOLD will introduce a new possibility and alternative of commodity trading using blockchain where real assets can be transferred in a decentralized distribution network. It will then improve the efficiency, transparency, and the cost of commodity trading.
Each LGOLD token will have an underlying asset of physical gold in our partner Custodian. LGOLD can be exchanged to Fiat according to physical gold price or even exchanged to certified gold bar directly. Lyfe is a rewards and gamification technology company. At Lyfe, they strive to promote the use of decentralised blockchain technology to everyone. They have a range of product in our ecosystem, from market-based token to asset-based stable token.
Important Points Table Of LYFE GOLD Coin
| Basic | Points |
|---|---|
| Coin Name | LYFE GOLD |
| Short Name | LGOLD |
| Total Supply | 19,997.00 LGOLD |
| Explorer | Click Here To View |
| Documentation | View Document |
| Website | Click Here To Visit |
How to Buy the NOOFT Coin & Trade On Exchange?
Gold based Digital Assets
Lyfe Gold is the first digital asset from Indonesia that is supported by gold commodity.
Gold Standard
Each LGOLD token will have an underlying asset of physical gold in our partner Custodian. LGOLD can be exchanged to Fiat according to physical gold price or even exchanged to certified gold bars directly.
Stability
LYFE GOLD is part of Lyfe program to create an asset-based stable token, backed-up by physical assets or commodities to complete market-based Lyfe Token ecosystem.
Future of Commodity
LGOLD will introduce a new possibility and alternative of commodity trading using blockchain. LGOLD will also path way for Lyfe future introduction of different type of commodity backed tokens.
The First Commodity backed token in Indonesia
LYFE GOLD is the first commodity backed token in Indonesia as part of Lyfe Ecosystem. LGOLD allows traders to buy and sell gold-backed token making the token a stable coin for safe-haven cryptocurrency trading. LGOLD provides the ease and speed of digital assets trading, where traders can buy and sell from exchanges while providing means to redeem the tokens into certified gold bars.
Endless possibility for alternative commodity trading
LGOLD will introduce a new possibility and alternative of commodity trading using blockchain where real assets can be transferred in a decentralized distribution network. It will then improve the efficiency, transparency, and the cost of commodity trading.
Be the Pioneer
Join the movement and be the pioneer of alternative commodity trading in Indonesia. Now you can enjoy the ease of Blockhain trading and the stability of Commodity trading with LGOLD.
Build to scale geared for mass adoption
LYFE GOLD is built on ERC20 network technology. The network, ecosystem, and maturity of ERC20 will help to accelerate the development and adoption of LGOLD in other related areas as well.
Where are the physical gold located?
For every token sold on the market, one gram of physical gold is secured in partner custodian. To ensure that the token price is stable, we work closely with partner custodian.
Will the price be the same as real-time gold price?
They have system in place that will monitor and guide the price in the market and our platform automatically according to the real time physical gold market price.
Where can buy LGOLD?
LYFE GOLD is created on ERC20 technology. So you can buy on official Exchange like Indodax or through platform.
Can use LGOLD to transfer gold?
Yes, LGOLD is as good as gold. You can transfer to your friends and families and have them sell, or even convert to physical gold.