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Golteum, a valuable metal-backed NFT market, has introduced that it joined the Chainlink BUILD program, an initiative by Chainlink Labs. Golteum will have the ability to leverage Chainlink’s data and assets to speed up the expansion of its NFTs backed by bodily gold, silver, and different valuable metals because of this settlement.
Golteum’s Becoming a member of Chainlink’s Ecosystem
Treasured metals proceed to operate as strong 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 typical 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.
Because of this co-existence, Golteum may have improved entry to Chainlink’s premier oracle companies together with its Proof of Reserve system, real-time knowledge on costs, safety, and many others, in addition to its technical know-how, and group help. This may 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) can 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 present web3 tasks into enhanced technical help and companies, enabling accelerated development and growth of the challenge.
About Golteum
Golteum is a 100% asset-backed NFT market that gives an unrivalled degree of utility within the crypto area. In contrast to different tasks, Golteum supplies a platform that makes room for the democratization of valuable metallic possession via the usage of fractionalization and blockchain know-how.
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 an entire safety evaluation for Golteum, which included sensible contract auditing (to determine and mitigate potential vulnerabilities) and KYC verification of six workforce members to make sure workforce transparency.
Golteum teamed up with Fireblocks to strengthen the platform’s safety in opposition to hacking, theft, and different types of cybercrime. It should additionally present institutional-grade custody companies to Golteum to safe its reserves always.
Be part of the Golteum group:
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