How Zambesi Gold is Translating Real World Value on to the Blockchain

экрана 2022 10 21 в 18.13.25

In 2013, there were only a handful of cryptocurrencies in existence. However, by 2021, Statista found that there were over nearly 6,000 cryptocurrencies on the market, a staggering increase from just a few years prior.

Bitcoin has taken the world by storm in the last few years. However, the technology had its roots back in 1983. In 2009, Satoshi Nakamoto, the pseudonym of the famous mysterious creator of Bitcoin, finally released the cryptocurrency into the world. Although Bitcoin was in its nascent stages, with many people have never heard of the concept, it slowly but surely started to gain notoriety.

The New Liberty Standard was established in the same year, the first cryptocurrency exchange that allowed users to buy and sell Bitcoin. This platform would set the standard for platforms like Binance and Coinbase. By 2010, Laszlo Hanyecz agreed to pay 10,000 BTCs for two delivered Papa John’s pizzas—Bitcoin’s first sale. If Hanyecz were still lucky enough to hold that BTC, he would now have over $300 million—a testament to just how far Bitcoin exploded into the mainstream in the past decade.

Fast forward to 2022, and with its total market cap of over $1.56 trillion, cryptocurrency has come a long way since being exchanged for a Papa John’s pizza. Even Fortune 500 companies are all climbing on the blockchain bandwagon to cater to the rapidly sought-after technology, with tech giant Microsoft launching a blockchain service for users to create Ethereum-encrypted contracts.

New advents in the cryptocurrency landscape are constantly changing what is possible for users, so far that they can now use cryptocurrency to buy groceries. One company that plans to take blockchain technology to another level is Zambesi Gold. The company’s team of mining experts is led by one of Africa’s leading mining specialists CEO Koos Van Straaten. Combined with Koos’ 40 years of experience in his field, its team believes it’s perfectly positioned to advance this revolutionary project.

The Zambesi Gold standard is a monetary system backed by the value of physical gold. Similar to real gold, the immutability of blockchain and the implementation of intelligent contracts ensure that ownership is secure and transparent. The other similarity that Zambesi Token has to real gold is that it is perfectly divisible, with historical and inherent value projected for the future. Furthermore, due to the immutability of blockchain technology and the implementation of smart contracts, the platform also ensures that ownership is secure and transparent.

Zambesi’s number of tokens will be fixed, preventing inflation. Therefore a token’s value will increase, irrespective of the demand for the token or the gold price. Zambesi Gold also has an agreement between the Zambesi Token and its investors that no fractional lending will occur.

One of the reasons Zambesi Gold was made was to disrupt the current state of the gold mining industry. Traditionally, the amount of gold backing for gold mining houses is often unsuccessful because of high overhead costs, debt, finance, lack of control over commodity prices, and non-compliance.

With its management and overall ability to lead, guide, and influence operation profitability, the company aims to solve this problem, standing by the belief that each asset should contribute to the profitability of the business and not subsidize other assets while innovatively using disruptive finance methods to reduce the cost of debt.

The company’s Gold Custodian Trust plays an integral role in this process. This vault is where the physical bullion gets stored, where token holders are the beneficiaries of the custodian trust. Liquidity will be provided through an exchange mechanism allowing a token holder to redeem his proportionate ownership of the gold held in the trust. The redeemed tokens will then be burned, creating more value for the remaining token holders.

Zambesi Gold is unlike any other project on the market today. The platform’s mission is to succeed where others have failed and lead the transition of mining assets becoming fully backed digital assets. To learn more about its brand-new platform, check out its website today!

Over the last few decades, what once started as an experiment has proven itself to become a mainstay of mainstream technology. For many, especially those living under controlling governments, living with cryptocurrency is not only cutting-edge technology; it’s crucial to their financial freedom. So what will come next for cryptocurrency? No one can know for sure. However, one thing for certain is that the space is constantly finding new ways to disrupt the traditional world of finance.

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