Golteum, a valuable metal-backed NFT market, has introduced that it joined the Chainlink BUILD program, an initiative by Chainlink Labs. Golteum will be capable of leverage Chainlink’s data and sources to speed up the expansion of its NFTs backed by bodily gold, silver, and different valuable metals on account of this settlement.
Golteum’s Becoming a member of Chainlink’s Ecosystem
Treasured metals proceed to operate as stable sources of wealth in a world the place cryptocurrencies expertise important volatility. Nonetheless, the bulk are traded using centralized platforms that pose a excessive barrier to entry for the common investor.
Golteum has now entered the scene to shatter this barrier to entry by making a decentralized finance (DeFi) platform, and becoming a member of the Chainlink BUILD program will assist to hurry up the adoption of its valuable metals buying and selling platform.
🏗️ #ChainlinkBUILD 🏗️@golteum, a platform for fractionalized NFTs backed by bodily gold bars and different metals, has joined Chainlink BUILD.
In return, Golteum will make 4% of its complete native token provide obtainable to Chainlink service suppliers, together with stakers.… pic.twitter.com/jLOpcgfylW
— Chainlink (@chainlink) June 15, 2023
Because of this co-existence, Golteum can have improved entry to Chainlink’s premier oracle providers together with its Proof of Reserve system, real-time information on costs, safety, and many others, in addition to its technical know-how, and group help. It will hasten Golteum ecosystem growth and long-term adoption of the GLTM token.
As a part of the settlement, 4% of the Golteum’s native token ($GLTM) will probably be allotted to the Chainlink group, stakers, and repair suppliers.
Chainlink’s decentralized blockchain oracle community is constructed on Ethereum and is a dependable tamper-proof community that gives a seamless connection to any API.
The Chainlink BUILD program is a Chainlink Labs initiative aimed toward onboarding upcoming and current web3 tasks into enhanced technical help and providers, enabling accelerated progress and growth of the challenge.
About Golteum
Golteum is a 100% asset-backed NFT market that gives an unrivalled stage of utility within the crypto area. Not like different tasks, Golteum offers a platform that makes room for the democratization of valuable metallic possession by using fractionalization and blockchain expertise.
Golteum enters the scene to simplify entry to bodily valuable metals by offering a cheaper, safe buy expertise with hitherto unseen options on the Web3 buying and selling platform.
Moreover, to enhance the platform’s safety and security of buyer property, Certik carried out a whole safety evaluation for Golteum, which included good contract auditing (to determine and mitigate potential vulnerabilities) and KYC verification of six group members to make sure group transparency.
Golteum teamed up with Fireblocks to strengthen the platform’s safety in opposition to hacking, theft, and different types of cybercrime. It would additionally present institutional-grade custody providers to Golteum to safe its reserves always.
Be part of the Golteum group: