Golteum Enter Chainlink’s Program To Seamlessly Integrate Crypto And Precious Metals

Coinpedia
Coinpedia

29 Jun 2023 4:53 PM

Golteum, an avant-garde platform specializing in Non-Fungible Tokens (NFTs) backed by gold and other physical precious metals, has joined Chainlink’s ecosystem via its BUILD program....

  • Golteum, a platform specializing in Non-Fungible Tokens (NFTs) backed by gold and other precious metals, has joined Chainlink's ecosystem through its BUILD program.
  • This partnership will give Golteum access to Chainlink's oracle network and technical expertise, improving its offerings and facilitating the integration of physical metals into the blockchain.
  • Golteum aims to increase acceptance of investments in precious metals on the blockchain and provide superior trading experiences to its users.
  • In return, Golteum will allocate 4% of its native token supply to Chainlink service providers, including stakers.
  • Chainlink's oracle technology will provide Golteum with real-time data about metal prices and market trends, ensuring reliable information for users.
  • Golteum will also benefit from Chainlink's automated audits and Proof of Reserve solution for monitoring off-chain reserves.
  • The partnership aims to mutually benefit both Golteum and Chainlink by leveraging their respective strengths and communities.

The overall sentiment of the article is positive. It highlights the benefits of Golteum joining Chainlink's ecosystem and emphasizes the potential growth and success of both parties.

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You May Ask

What is Golteum's innovative approach to asset trading?How will Chainlink's oracle technology enhance Golteum's platform?What benefits does Golteum gain from joining Chainlink's BUILD program?How does Golteum plan to increase acceptance of investments in precious metals on the blockchain?What percentage of Golteum's native token supply will be allocated to Chainlink service providers?

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