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What’s the point of this. Just buy gold bars. Good luck convincing people you actually have custody of these gold bars.

• binquasin 2y ago
  Thanks for your feedback. Here’s why NFTroxies offer unique benefits beyond just buying gold bars: 1. Digital Ownership and Flexibility: NFTroxies provide a way to prove ownership of gold digitally. This means you can trade, transfer, or use them with the same ease as other digital assets, without the physical hassle of moving gold bars. 2. Fractional Ownership: In the future, NFTroxies could allow for fractional ownership of gold bars, making gold investments more accessible to a broader audience who might not afford a whole gold bar. 3. Enhanced Security and Transparency: Blockchain technology provides an immutable and transparent record of ownership. While physical gold bars can be stolen or forged, the blockchain ledger ensures that each NFTroxie is secure and traceable. 4. Liquidity: NFTroxies can potentially be traded on various digital platforms, providing greater liquidity compared to physical gold, which can be harder to sell quickly. 5. Innovation and Future Potential: We are working towards establishing partnerships with reputable custodians to ensure that each NFTroxie is backed by real gold. Our goal is to combine the tangible value of gold with the flexibility and innovation of blockchain technology. We understand that skepticism is natural, especially with new technologies. Our aim is to build trust through transparency, partnerships with trusted custodians, and regular audits. Thanks for your input, and we're excited to bring more updates as we continue developing NFTroxies! Feel free to reach out if you have more questions or want to follow our progress.
  • JSDevOps 2y ago
    Who are the trusted custodians and do you publish the regular audits?