With all the hype right now around yield farming, there are so many new platforms entering the market it’s dizzying. Sadly, most of these platforms will not be around a year from now and their users will feel the brunt of this decision. The worst part is these losses are completely avoidable. You just need to use some sound financial understanding to see if the project you are investing in makes sense.
There are some new platforms in the space that do more than just hype users up. These platforms separate their firms from the pack via strict transparency and community governance. Transparency is a key component of a cryptocurrency’s ability to remain relevant. GSX is a new project that promises to push transparency to new levels.
Transparency is Needed
The crypto market lacks true transparency right now. Nobody can tell you what the value of their coin will be tomorrow except for stablecoins. Of these select coins, very few offer a true backed and pegged cryptocurrency. Many start with a 1:1 pegged coin then slowly, and through secretive changes of their terms of service, they veer off from this state of true pegged coins to some hybrid.
Tether is the world’s most successful stablecoin. However, this coin isn’t pegged at 1:1 with USD. Originally it was. However, after the issuance of billions in USDT, people began to question this association. It was soon revealed that the firm changed its terms of service to include fiat currency and company loans. At the time there weren’t very many options, so the market continued using Tether.
Today, there are more choices in the market. GSX is one choice that provides users with the protection and security they desire. The platform allows third-party auditors to evaluate its holdings and its value as a company. These valuations include the value of the mine and all the equipment as well. This total is the number used to determine what your yearly dividends will equal.
GSX token holders are the trust beneficiaries of the Apollo Financial gold mining operations. Currently, this impressive mining production plant is 5,000 acres. The mine is currently producing gold bullion. As the mine continues to produce more gold, the value of the land and the company appreciates. The value of gold also is set to appreciate for the coming years.
All of these factors mean that as a GSX token holder, your yearly dividends increase exponentially. There is no other blockchain asset with this capability. GSX is a smart long term and short term investment because of its flexibility.
Versatile
GSX combines the best elements from a stable coin, cryptocurrency, and investment coin and is the only stable coin that grows in asset value continually. As a commodity-backed stablecoin, GSX takes the crown. It is more stable than other gold coins and appreciates.
As a cryptocurrency, GSX beats out Bitcoin and the rest of the market. For one, GSX resides on the Apollo blockchain. This is the fastest blockchain in the world. Transaction speed tests put this blockchain’s transaction speed at below a second. When you couple this with the fact you can send GSX globally, it’s easy to see why people are starting to convert their Bitcoin over in record numbers.
Quantum Barrier
GSX is the world’s only quantum-resistant stablecoin. This title means that in the next five years, when these supercomputers become affordable, GSX users don’t need to scramble for protections. The rest of the market needs the equivalent of a technological miracle to prevent these machines from toppling their security.
Quantum computers are incredibly powerful. Just one machine has the computational power of an entire blockchain. Their entrance into the market will signal doom for many platforms who are carelessly avoiding taking the necessary precautions.
Gold vs. GSX
GSX is like Gold 2.0. It delivers the value of gold with the speed and flexibility of cryptocurrencies. Notably, GSX is much better suited to handle the day to day transactions of the population versus gold or fiat currencies. GSX is also safer to travel with, send, and store. Best of all, you will have a ton of storage options as GSX is their premier stablecoin for the Apollo network.
Now let’s scale this scenario in different ways. First, imagine the cost of sending a million in gold globally, probably at least $100,000. That comparison makes it easy to see GSX wins but let’s look at a different scenario. This time you have a million people all sending small amounts of gold globally. Even with Amazon’s fleet of drones, there are so many delays and risks that its almost impossible all of these payments make it to their destination.
If you were to evaluate a normal international transaction between gold and GSX, it would be no comparison. You could send $1 million in GSX in seconds globally for pennies. It will cost you around a hundred bucks just to send your necklace across the planet. Worst of all, it’s at risk of theft the entire route.
Dilution
Gold has another form of theft that is more notorious, theft through dilution. All through history people have melted down gold removed a little bit, and then replaced the stolen gold with another metal. It could be years before any ever notices. Sadly, this practice is a major issue for the market and will be forever.
Nobody can fake GSX, or force your transaction. This blockchain has the most advanced security protocols of all time. Only you hold the ownership of your GSX. No one can confiscate or steal your holdings. The only way you can lose your GSX is if someone talks you into sending it to them.
A Closer Look
Gold just doesn’t have what it takes to serve the needs of this digital generation. The world has more people than ever, and more opportunity. GSX allows users to leverage the latest tech to create a unique and extremely useful financial tool.
Pre-Sale
GSX has an exciting pre-sale event currently at GSXCDE.com. The firm has discounts of up to 50% for early bird investors. The company has already announced that it plans to burn 50%, of what is offered and not sold during the event. These deflationary tactics help strengthen the value of GSX even more.
