Clinq.Gold

2023-01-27 12:39:10 Clinq.Gold strives to be sustainable even in the harshest conditions. We believe in transparency and clear communication with you.

For that reason, a custody fee is applied to each CGT token, which allows the financing of our operations even if no new tokens are minted or burned over a prolonged period.

Stay with us, to be continued...

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2023-01-26 11:25:29 Today, Nick Patel – CEO and founder Clinq.Gold, is going to share with you a few facts about the project.

The MOST IMPORTANT thing we have done — is digitized mankind’s oldest asset

What we have now is a gold backed token. 100% backed by 24 karat gold held in the most secured vaults of Dubai in the DMCC.

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2023-01-16 17:34:50 The US Federal Reserve is not opposed to banks providing crypto services to their customers
 
The Fed's authorization follows an announcement by the Bank for International Settlements, which allowed commercial banks to hold between 1% and 2% of their Tier 1 capital in cryptocurrency.
 
Thus, classic banks may soon add cryptocurrency trading. Primarily futures contracts.

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2023-01-09 15:38:12 The aim of Clinq.gold is to provide a “stable” asset token backed 100% by the gold held in our designated Brinks vault.

Stable” in a sense that its price (in USD) is pegged to the market price of gold (in USD) for the amount of gold it represents.

The underlying gold gives Clinq.gold tokens its price stability.

What do you think of our project?
Write your opinion in the comments

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2023-01-05 15:00:02 Will there be a public sale of $CNQ?
The first stage is to onboard more significant investors. However, we understand the importance of smallholders and will make sure to launch an ICO where anyone will have a chance to get $CNQ.

How will you prevent rug pulls and dumps on $CNQ?
We will ensure to provide and lock the bulk of liquidity at selected pools. Any OTC investments will be required to comply with specific vesting periods.

Any other questions?
Write them in the comments

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2023-01-04 16:00:53 Bank of Bullion, a reputed seller of gold and precious metals was incorporated in 2015. Over the years, it has established itself to be one of the major suppliers of gold to many gold retailers in the UAE.

Following the success of Bank of Bullion, Clinq.Gold was launched as Bank of Bullion’s second division in 2021. The founder of Clinq.Gold is also Nick Patel, Bank of Bullion’s Director; hence all procurement for Clinq Gold will be guaranteed and supplied through Bank of Bullion. Bank of Bullion is currently one of the most reputable suppliers of physical gold and precious metals in Dubai, with a daily turnover of approximately 100-150 kg daily.

Clinq.Gold’s estimated daily requirement is projected to triple the sales of Bank of Bullion. It is likely to take this much higher as Clinq Gold will appeal to the demand of the crypto market. The estimated projected volume in the first year for Clinqcoin is 15,000 kgs.

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2023-01-03 14:17:34 Custody fees are directly built-in into the CGT and CBT tokens. You know at every moment the precise value of their holdings and the corresponding USD value you would get when requesting an exchange of the token

The fact that the stable operations of Clinq.Gold does not depend on the volume of newly created tokens and can sustain itself indefinitely.

This makes the project more stable and transparent, without any hidden fees or financial holes.

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2023-01-02 17:53:35 Chaitanya Shah is the Co-Founder & Managing Partner at Bank of Bullion. He has over 20 years of experience with precious metals, particularly gold, and has been in the industry since it has emerged in the UAE.

As a Senior Risk Analyst at the National Bullion House LLC, he has extensive banking and finance industry experience. With experience in consumer banking and payments operations, he worked as a Business Development Executive for Barclays and as a Wealth Manager for ICICI Bank as well.

Every time you meet a new member of the team, you are assured that only professionals are working on the project. Further - more

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2022-12-30 13:18:27 Security - Physical gold storage at DMCC vault held by Brinks.

Stability – Backed by real physical gold, store of real value.

Applicability - Provide liquidity in illiquid markets

Stay with us, more to follow!

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2022-12-29 16:14:32 For those who don't know, the Bank of Bullion is a well-reputed gold bullion business with a solid financial standing.

Adopting a zero-debt policy, the Bank of Bullion had a turnover of AED 1.8 Billion in 2021. Our turnover in 2022 is circa AED 2.2 billion a growth of approximately 20%

We have been supplying technological trading solutions to wholesale bullion traders since 2016. We can handle all volume of gold transactions.

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