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Title: Gold DAO, a pioneering Initiative by DAO.Link, unveils a new era for gold trading

Zurich, Switzerland, 6th Dec 2023 - Gold DAO, an innovative project initiated by DAO.Link, is set to redefine the gold market by digitizing and democratizing gold ownership through cutting-edge blockchain technology. This groundbreaking initiative combines the timeless value of gold with the transformative power of blockchain, offering a secure, transparent, and accessible platform for trading physical gold globally.For millennia, gold has symbolised wealth, prestige, and craftsmanship. However, its physical limitations have hindered its practicality as a currency. Gold DAO addresses this by digitising gold into blockchain-based tokens, blending the intrinsic value of gold with the benefits of decentralisation, transparency, and security offered by blockchain technology.Collaboration and rigorous compliance for a Digital Gold EcosystemThe Gold DAO project is a collaborative effort involving industry leaders like ORIGYN Protocol, Yumi Marketplace, DFINITY Foundation, Bity, Metalor, Loomis, KPMG, and Quantum Agency. This alliance aims to revolutionise gold transactions, making them more accessible and secure for everyone.Gold DAO's primary focus is on security, compliance, and cross-chain capabilities. Physical gold, insured and stored in Switzerland and audited by KPMG, forms the backbone of this project. The Internet Computer Protocol (ICP) is utilised to establish a Service Nervous System (SNS), ensuring decentralisation and project security.The tokenomics of Gold DAO, conceptualised by Dr. Yulin Liu, a renowned monetary theorist, ensures a stable and sustainable ecosystem. SNS holders of GLDGov tokens will actively participate in governance, influencing decisions and sharing in the project's revenue.DAO Link is the entity that launched Gold DAO. Their CEO, Julien Aern...

This press release is issued by King Newswire