by Marvin Dumont
Apollo Fintech has an ongoing coin distribution event with Gold Secured Currency (GSX). The gold-backed coin has an initial price of $0.046 USD.
Unlike other coins, GSX can rise in value: Gold has reached historic prices of over $1,900 per ounce given the global recession. A total of 10 billion GSX are available for acquisition with a hard cap of $100 million.
Money has three functions: a unit of account, store of value, and medium of exchange. A gold currency accomplishes all three while giving owners long-term gains from price increases.
The precious metal peaked at $2,065 in 2011 after the 2008 financial crisis, and gold’s value is poised for continued growth. When people are fearful, timeless assets increase in value due to their ability to preserve capital.
GSX is gold-backed, as well as backed by newly-mined gold, mining operations and all assets, and deposit-rich land in the Wytte Mines in Zimbabwe. GSX holders are entitled to annual dividends which will be funded by the above.
Apollo Fintech is a leading blockchain company that develops world-shaping fintech solutions for a global economy. Apollo has offices in Africa and North America with plans to expand in Asia, Europe and Latin America. Apollo Fintech is becoming a global leader in Government Blockchain solutions, as well as pioneer of international mass adoption.
Learn more at aplfintech.com.