What is The Midas Touch Gold (TMTG)?
The Midas Touch Gold (TMTG) is an Ethereum-based cryptocurrency that represents a project of the Digital Gold Exchange company.
In partnership with the Korean Gold Exchange, the South Korean company gives users the opportunity to exchange their tokens for gold and fiat currency. The ecosystem allows users to trade freely from anywhere in the world.
This is easily accessible for all age groups, since the payment process system is similar to what can be found on e-commerce websites.
The company has implemented its plans to expand the ecosystem so that users can exchange coins that can be used in everyday transactions in bookstores, cinemas and restaurants.
While gold is the main focus of the digital coin exchange, the company has implemented an action plan to expand and include other goods, including diamonds, platinum and white gold. The company carries out an unhindered process of exchanging tokens for gold with conversion coefficients based on official lists on the world gold exchange markets.
The South Korean company firmly believes that they can benefit ordinary people by creating a token that allows people to exchange their tokens for tangible assets.
The TMTG token is a service token in the DGE ecosystem that can be used to purchase crypto assets. TMTG tokens are also used as a deposit by users who are required to " put " these tokens in the DGE storage. The level of advantages enjoyed by these institutional partners depends on the total number of TMTG tokens delivered.
Each DGE token is secured with 1 g of gold, which will be stored with partners such as Korea Gold Exchange 3M. Users can easily exchange MDG tokens among themselves.
Who is the creator of The Midas Touch Gold (TMTG)?
Behind the creation of the project are the head of DGE Yong-han Lee, executive director Sato Yoshihiro and a team of professionals.
What is the uniqueness of The Midas Touch Gold (TMTG)?
Midas Touch Gold implements a digital ecosystem that makes it easy to sell gold, an existing commodity, with cryptocurrencies in a digital environment. It serves as a means of supporting and revitalizing the ecosystem of the digital gold exchange (DGE), and is used as a method of buying cryptocurrency on the platform.
The TMTG project implements methods and solutions to help participants gain benefits from their ecosystem with minimal risk, striving for a hyper-connected society through a decentralized blockchain network.
How many TMTG tokens are in circulation?
If there is no maximum offer, the total number of TMTG in circulation is - 8,835,594,141 tokens.
At the moment, the asset value is at 0.004101 USD, with a daily trading volume of 2,962,452 USD, and a market capitalization of 36,234,772 USD.
How is The Midas Touch Gold network protected?
TMTG tokens are the ERC-20 tokens on Ethereum, and they are protected by the Proof of Work (PoW) consensus algorithm.
- To own your crypto assets, you need to manage your own private keys.
- Ledger hardware wallets make private key management easy and secure.
- Each unique 24-word recovery phrase creates a new set of private keys.
- Make sure you secure your 24-word recovery phrase properly.