Panama, Panama Apr 2, 2022 (Issuewire.com) – Lapland Minerals Inc., a Panama-based company, is the first Smart Company of its kind. Smart Companies live on a blockchain, with full legal compliance and technology such as speed, technical resistance, and transparency.
Investment has become ever more challenging in recent years but also more critical. With negative interest rates, high levels of inflation, and uncertainty, storing wealth in a bank account reduces your available funds year on year. As a result, assets share a similar fate, too, as market manipulation and volatility impact long-term investment strategies.
While the digital world has delivered an alternative in Cryptocurrencies, these are not without issues either. The major downside for assets such as Bitcoin and Ethereum is no tangible asset backing the value. With historical performance showing how extremely volatile digital coins can be, Bitcoin has in the past lost 70% of its value inside a month. However, that is not the best suitable investment vehicle for long-term wealth either.
What if you could have the ease of access to a digital token, including the security of ownership that comes from an immutable record, like Blockchain? And enjoy the benefits of a tangible asset like Gold too?
This is the premise of a groundbreaking new approach from Panama-based Lapland Minerals Inc., leveraging its agreement with existing mining companies and their assets to offer a new Blockchain-based token backed by real Gold.
Each token is pegged to 0.1 gram of real Gold from assets in the ground on land claims from mining operators. The token “LMGT,” released on the Binance Smart Chain, has tangible value based on the current gold price as an asset-backed token.
Binance Smart Chain is an extension of the Ethereum ERC-20 standard. The nature of the BEP-20 standard is that it will be compatible with any DEX in the future and Lapland Minerals Inc. is to list the Gold token for public trading by the end of 2023.
It is an opportunity for investors to benefit from the security of unmined Gold as an asset while enjoying the convenience of a digital token.
The team members behind Lapland Minerals Inc and its investors carry many years of experience in traditional and digital finance, mining, and blockchain-based operations.
You can find out more about the token, and the company behind it, by visiting https://laplandminerals.com
Lapland Minerals Inc.
+1 302 476 2564
Source :Lapland Minerals Inc.
This article was originally published by IssueWire. Read the original article here.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No PITCH SCOOP journalist was involved in the writing and production of this article.