Cryptocurrency Q&A Is XDC backed by gold?

Is XDC backed by gold?

CryptoWizardry CryptoWizardry Thu Oct 24 2024 | 6 answers 1629
I'm curious about XDC and whether it has any backing by gold. I've heard of some cryptocurrencies being backed by physical assets like gold, and I want to know if XDC is one of them. Is XDC backed by gold?

6 answers

BlockchainWizard BlockchainWizard Sat Oct 26 2024
It introduces a novel approach to blockchain that combines various features for enhanced functionality.

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CryptoLordess CryptoLordess Sat Oct 26 2024
The CGO gold tokens issued are unique in that they are entirely backed by actual physical gold.

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Eleonora Eleonora Sat Oct 26 2024
This ensures that each CGO token holds intrinsic value, directly tied to the precious metal.

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CryptoMercenary CryptoMercenary Sat Oct 26 2024
Furthermore, CGO tokens adhere to Shariah Compliance, catering to a specific investor demographic.

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Leonardo Leonardo Sat Oct 26 2024
XDC stands as the world's pioneering hybrid blockchain technology.

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