Goldma
Information by TrustFinance researcher
Goldma is combining the best attributes of gold and cryptocurrency. Thus, it resolves the issue of cryptocurrency not having 'intrinsic value' by tying it to gold. But, they've taken it a bit further in their model. They are not storing any gold. They are immediately selling the gold to the Reserve Bank and buying Ether with the cash that they are paid. So, they don't have to worry about the security aspect of storing the gold. their value is immediately digitized onto the blockchain which enables the commodification of gold and overcome the volatility of cryptocurrency which will allow smaller investors to partake in the gold mining sector. So, you are not saving to just save your value (in some vault), you are actually saving to earn a return! Whether the market goes up or down it allows us to give their GMA token holders a 5% royalty (in the form of Ether) every quarter. You do the math - how much is that annually? Goldma (Gold Mining Assets, GMA) operates several gold mining claims already producing and purchasing thousands of grams of gold per year.
Founded in 
Zimbabwe
Industry
- Other ServicePRIMARY
- Payment
Financial
HQ Location

