Golteum has just announced that it will be participating in the BUILD program offered by Chainlink Labs to help improve its ecosystem. Seeing the continuous adoption of DeFi and NFTs, it should come as no surprise that a promising project like Golteum is forging its way ahead by strengthening its standing in the expanding Web3 industry.
Golteum is a cutting-edge decentralized exchange (DeFi) platform that integrates trading in precious metals and cryptocurrencies into a single, straightforward user interface.
Golteum Joins Chainlink BUILD Program
Golteum joining the Chainlink BUILD program is big news for GLTM holders and the wider crypto community. BUILD is Chainlink’s growth program for new projects in decentralized finance.
🏗️ #ChainlinkBUILD 🏗️@golteum, a platform for fractionalized NFTs backed by physical gold bars and other metals, has joined Chainlink BUILD.
In return, Golteum will make 4% of its total native token supply available to Chainlink service providers, including stakers.… pic.twitter.com/jLOpcgfylW
— Chainlink (@chainlink) June 15, 2023
As a Chainlink BUILD member, Golteum will receive pricing data for industry-leading precious metals pricing, oracle development, Chainlink technical support, product alpha and beta releases, marketing opportunities, and access to Chainlink’s network of investors and partners.
The platform will also be able to incorporate Chainlink’s Proof of Reserve system which will integrate with its supplier network 24/7. Golteum will also receive marketing and technical support, as well as mentorship from Chainlink.
According to the details of the agreement, 4% of GLTM is committed to Chainlink Labs to provide financial incentives for Chainlink service providers and stakers.
What is Golteum?
Gold and other precious metals have long been regarded as the ideal representation of a secure financial position. But have you ever considered buying precious metals as an investment but found the process to be too difficult or too expensive? Golteum is changing that.
Golteum uses precious metals such as gold and silver as collateral for newly issued digital tokens on the blockchain. These tokens are fungible, meaning that they can be bought, sold, traded, and redeemed for their backing at any moment.
Even if you’re an avid collector and investor in rare metals, you won’t have to stress about finding a safe place to keep your bars any longer. Your investment is converted into digital form and stored safely on the blockchain.
Golteum has also teamed up with Fireblocks – a leading web3 infrastructure provider, to secure assets on the platform. Additionally, it has successfully passed a Cerik comprehensive audit of its smart token’s security, with six members of the team fully KYC verified by Certik with a Silver badge.
This gives you the chance to hedge your portfolio against inflation and volatility, as well as diversify your investment holdings. You can also turn in your NFT in exchange for the actual metal when you are ready to do so which is stored in a secure vault, and Golteum will ship the corresponding bar to you.
Click the link below to learn more about Golteum and the upcoming launch:
Website: https://golteum.io
Twitter: https://twitter.com/golteum
Telegram: https://t.me/golteum
Discord: https://discord.gg/golteum
LinkedIn: https://linkedin.com/company/golteum
Facebook: https://facebook.com/golteum
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