Golteum, an avant-garde platform specializing in Non-Fungible Tokens (NFTs) backed by gold and other physical precious metals, has joined Chainlink’s ecosystem via its BUILD program. This move will grant Golteum access to Chainlink’s superior oracle network and technical expertise, enhancing its offerings and expediting the integration of precious physical metals into the blockchain ecosystem.
Golteum(GLTM) Aims For New High With BUILD Program
Golteum’s innovative approach to asset trading has already set new standards in the industry. By joining forces with Chainlink via its BUILD program, Golteum is set to enhance its service offerings further, delivering superior trading experiences to its users. Golteum’s objective is to catalyze a broad spectrum of consumers’ extensive acceptance of investments in precious physical metals on the blockchain.
As a part of this co-existence, Golteum will unlock enhanced technical support and services, boosting its growth to provide precious metals-backed crypto services to users. Chainlink’s oracle technology will play a vital role in ensuring that Golteum’s gold and other precious metals trading infrastructure operates with utmost reliability.
Moreover, it will provide Golteum’s platform with accurate, real-time data about the metals’ prices, market trends, and other vital information. This will offer users dependable information and solidify Golteum’s reputation as a trusted platform for precious physical metals-related transactions.
By harnessing the power of blockchain technology, Golteum aims to make this historically stable asset accessible to investors across all income levels.
Chainlink’s automated audits, relied upon by leading Web3 platforms for their unmatched transparency, will support Golteum’s 1:1 asset-backed treasury. Chainlink’s Proof of Reserve, a solution known for its autonomy, reliability, and security, will provide real-time monitoring for off-chain reserves. Moreover, Golteum will gain the chance to tap into Chainlink’s alpha and beta product versions, enhancing its platform.
In return, Golteum has committed to allocating 4% of its native token (GLTM) supply to the Chainlink community and service providers, incentivizing those involved in staking activities. This initiative gathers the interests of both communities, boosting the mutual success of both Golteum and Chainlink.
Chainlink Labs’ innovative program, Chainlink BUILD, empowers web3 projects to fully tap into the transformative “Chainlink effect.” This effect refers to the accelerated growth and adoption experienced by projects that integrate into the Chainlink ecosystem as they progressively utilize vital Oracle services and engage with the robust Chainlink community.
The Potential of Golteum as Launch Draws Nearer
By harnessing the power of Chainlink’s robust services, Golteum (GLTM) unlocks a range of integration benefits that elevate its platform to new heights.
One key advantage lies in Chainlink’s decentralized oracle network, which safeguards data feeds and introduces randomness through independent nodes. This multi-node approach minimizes the risk of a single point of failure, enhancing the overall security and reliability of Golteum’s gold token ecosystem.
To reinforce its security measures, Golteum’s smart contract has undergone rigorous scrutiny and certification by Certik, a leading blockchain security company. Additionally, Golteum boasts a highly capable team comprising specialists and strategic consultants, with six team members having completed Certik’s KYC process and earning the esteemed Silver badge.
To further enhance security and custodial services, Golteum is working with Fireblocks, a trusted blockchain infrastructure provider, ensuring the safe storage of funds on the platform.
Through these strategic collaborations and cutting-edge integrations, Golteum sets itself apart, establishing a robust and secure ecosystem that instils confidence and empowers users to embrace the future of digitized precious metals investments.
