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SwissGold Crypto AG Launches Gold-Backed NFTs for Wealth Prese | Crypto Power - Shilling

SwissGold Crypto AG Launches Gold-Backed NFTs for Wealth Preservation

SwissGold
Crypto AG, a Swiss-regulated crypto issuer, introduces a novel solution to the wealth preservation challenge in times of inflation and uncertainty: gold-backed non-fungible tokens (NFTs). Gold’s enduring stability, in contrast to depreciating fiat currencies, has made it a trusted wealth preserver for centuries. Following the US President’s 1971 decision to abandon the gold standard, major fiat currencies have suffered substantial devaluation.

As inflation rates rise, interest in alternative assets such as gold and cryptocurrencies has surged. While cryptocurrencies are volatile, gold remains a stable and reliable refuge in times of crisis, hyperinflation, conflict, or natural disasters. Gold used as a crisis insurance should be physically allocated, as the paper gold market, which is many times larger than available physical gold, can lead to shortages during crises. SwissGold Crypto AG offers a secure and flexible means of gold ownership and trading by placing gold bars of all sizes on the blockchain as non-fungible tokens (NFTs). These NFTs are backed by physical gold bars and can be purchased for as low as $60 for a 1-gram gold bar.