Gold Secured Currency (GSX) is the first stable coin to increase in value and offer dividends
Apollo Fintech (Pre-sale )announces the sale of Gold Secured Currency (GSX), a gold and asset-backed stable growth coin that combines the features of a stable coin, cryptocurrency, and investment coin, all into a single secured asset. GSX is the first redeemable stable coin that increases in asset value as new assets are added to the trust that backs it.
Read More: Banks Are Experiencing a Kodak Moment: Lessons Learned from a Fallen Giant
Gold Secured Currency (GSX) is also one of the first stable coins to reward its holders with annual dividends (See whitepaper.)
“GSX is the ultimate crypto investment because it mixes a stable asset value with growth,” says Stephen McCullah, CEO of Apollo Fintech. “When you add dividends on top of this, it creates a product that has never been https://aplfintech.com/gold-secured-currency/offered before.”
Issuer: Apollo Fintech
GSX’s issuing company, Apollo Fintech, is the first blockchain company to successfully implement database sharding, a previously theoretical technology that achieves true blockchain sustainability. It is also the first company to build and sell a complete e-government platform, including a National Currency Platform capable of hosting a national currency. Among other notable accomplishments, Apollo Fintech will also launch Stratus in Q3 2020, the world’s most expansive social network ecosystem.
Read More: Banks Are Experiencing a Kodak Moment: Lessons Learned from a Fallen Giant
GSX – How it Works
The way Gold Secured Currency works is 25% of the transaction fees from a number of Apollo Fintech’s products go directly to buying gold and gold-rich land to back GSX. All increases in this gold and land value will be tracked and displayed, so owners of GSX can watch as its asset value consistently grows.
Read More: Huobi Introduces Request for Quote for Electronic Trading and Voice Trading
