Golteum, a web3 platform for trading tokenized precious metals, has joined Chainlink BUILD to enhance its flexibility and scalability. By joining the BUILD program, Golteum will benefit from Chainlink’s support and technical expertise, which will accelerate its adoption by investors. Golteum aims to unify the digital and real worlds through tokenized precious metals, offering cross-opportunities for the precious metal industry and the crypto market. It issues gold-backed NFTs that trade at a 1:1 ratio. The Chainlink BUILD initiative provides technical support and services to new web3 projects, helping Golteum emerge in the blockchain landscape with marketing and mentorship support. Also, Chainlink will provide its Oracle services to integrate real-time price data for precious metals on the Golteum platform. Golteum ensures maximum security by partnering with blockchain infrastructure provider Fireblocks and having its smart contract audited by Certik. As part of the BUILD agreement, Chainlink and its community will receive 4% of the total supply of Golteum’s native token, GLTM. Golteum aims to democratize precious metals investments by digitizing and safeguarding them on the blockchain, providing a seamless user experience and transparency. Users can trade NFTs representing ownership of physical gold or silver bars, securely stored in trusted vaults. Smart contracts automate transactions, eliminating intermediaries and streamlining the investment process.
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