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HelloGold is a gold financial service platform based on blockchain technology, which mainly relies on Ethereum's smart contracts to realize gold spot transactions, savings, mortgage loans and other forms of circulation. The HelloGold project will issue two types of assets - GBT and HGT, of which GBT is a gold-anchored asset, mainly used to realize the circulation of gold spot; HGT is a token for ICO crowdsale, which corresponds to the transaction fee and storage fee of HelloGold from the platform (in the form of GBT) distribution rights, do not represent any assets.
HelloGold (HGT Token) is a mobile application that allows you to buy and sell gold from as low as RM1 on a single platform. You can easily manage your account and enjoy competitive buying and selling prices in the market. HelloGold (HGT Token) Forget the hassle of holding physical gold because 99.99% of your investment grade gold is fully insured and stored in vaults with state-of-the-art security.
HelloGold (HGT currency) charges a 2% annual management fee to ensure the safety of your gold. Fees are calculated daily and billed monthly. If you sell your gold before the monthly charge period, your fee will be calculated based on the number of days you have held the gold with us.
(The above information is from HelloGold official website)
Related links:
http://www.120btc.com/baike/coin/7666.html
https://www.hgfoundation.io/