ACU launches a gold token based on blockchain technology | Taiwan News

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HONG KONG SAR – Media OutReach – 30 March 2021 – With a view to meet the wants of digital society for handy and environment friendly gold buying and selling, ACU Digital Restricted not too long ago launched ACUG token, combining conventional gold buying and selling with blockchain. ACUG has an asset funding methodology which is anchored by bodily gold and realized by blockchain know-how. In keeping with the not too long ago launched “Analysis Report on Present State of affairs Evaluation and Funding Technique of China’s Gold Trial Manufacturing from 2020 to 2026”, China’s gold funding market has clearly recovered. This development could assist ACUG token to shortly occupy the market and turn into the connecting hub of the gold market.

ACU launches a gold token based on blockchain technology

In contrast with conventional gold and cryptocurrency funding, ACUG has the next benefits:

1. 1ACUG and 1 ounce of gold are exchanged 1:1. In contrast with cryptocurrencies, there aren’t any dangers comparable to spamming and watered-down by issuers. Gold is a common asset, and the worldwide gold funding market is clear and honest. With out market maker, it has a world market with enormous transaction quantity. Its market is standardized, self-disciplined, legal guidelines and rules are sound, and all traders are equal.

2. Gold is a two-way commerce. Due to this fact, traders cannot solely go lengthy within the unilaterally rising market, but additionally go brief within the unilaterally falling market. Even, so long as the judgment is correct, taking totally different operation strategies in numerous markets could make earnings. ACUG, which has realized digital gold buying and selling, could make full use of the characteristic that gold may be traded globally with out stopping the market. Traders seize each worth band on the lowest price.

3. In contrast with conventional gold buying and selling, ACUG has a shorter settlement time, which supplies alternative for traders to conduct cumulative buying and selling on the identical day, thus enhancing the utilization charge of funds and growing the opportunity of return on funding. It avoids the inconvenience of lack of liquidity brought on by too lengthy transaction freezing time within the strategy of asset allocation. When it comes to cross-border transactions, it additionally circumvents the worldwide asset allocation obstacles comparable to overseas trade restrictions.

ACUG is highlighting its personal worth within the turbulent world setting with a extra steady, dependable and handy gold token.

The primary batch of 100,000 ACUG launched on March twenty second has been snapped up inside one hour. It may be seen that traders are optimistic about ACUG.

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