Gold Backed Tokens from Live + Revenue Generating Business
Smart contract blockchain
Robin Lee - CEO
Roger Ward - Corporate Development
Wykeen Seet - Technology
Ridwan Abdullah - Business Development
Manuel Ho - Marketing
Mario Mahmood - General Counsel
HelloGold's live and revenue-generating app allows low-medium income people across Asia to save in gold cheaply and easily. This will allow them to to save in a stable store of wealth instead of their unstable domestic currency. Plans to integrate blockchain and ethereum smart contracts would mean that hundreds of millions across Asia and other emerging markets around the world via Gold-Backed Tokens (GBT) would be able to access gold using blockchain technology.
HelloGold is a platform that allows its users to buy / invest in Gold online. The project already has running applications in the App Store and Google. It's interesting that they can deliver the gold to the investor's house, which shows that the gold is in fact being bought for real. The gold is fully insured and stored in a secured vault in Singapore. They charge an annual management fee of 2% to keep your gold safe and secure. The fee is calculated daily and charged on a monthly basis. Among the interesting things is that the process follows the Shariah compliant guidelines. The site is neatly designed and the mobile app also seems quite easy to use.
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