- Main reasons for dead coin listing Scam or Other Issues
- started 2017, Ended 2018
- Social media ended 2019.
- Trading ticker (GLDT).
- Unknown tokens total.
- Not available to trade on any exchanges.
- Was built on standalone blockchain.
- Website is down.
- The Founder/SEO is Craig W.
(tethergold com 2017)
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 GLDT is always equivalent to 1 Oz .999 Au Gold. Tether Gold lets you receive GLDT from a Bitcoin blockchain address and treat them as a GOLD equivalent deposit. Similarly, you can withdraw funds to a Bitcoin blockchain address as GLDT
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, fiat currency. 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 participants.
Tether Gold was founded in 2017, it is not trading on any exchanges. Tether Gold was added to the dead coins list due to Scam or Other Issues. Founder/CEO is Craig W.