Sponsored
558
views

GSX: World’s First Cryptocurrency with Perpetual Growth in Value

Traditional financial and investment platforms have been around for a long time, allowing people to accumulate assets and earn capital. Nonetheless, the traditional investments prove a choice for the wealthy, leaving out the unfortunate in the society. Centralization is the main problem with these types of ventures, limiting the potential of people all over.

Cryptocurrencies came to save the day as an investment and cash alternative for people from all lifestyles. Over 5500, cryptocurrencies are running in the global crypto market today. Increased adoption of the coins does not prevent their volatility, which is a significant problem for traders.

As a solution for volatility, stable coins got an introduction, backing fiat currencies, and real-time assets. An example is the US Dollar stable coin, Tether (USDT). Despite the advantages of these coins, they rarely increase in value in time, thus a downside to maximizing capital.

Apollo Fintech’s Gold Secured Currency (GSX) gives everyone a chance to invest without the unpredictability in almost every crypto.

What is GSX?

Gold Secured Currency (GSX) is a stable coin that grants its owners profits for maintaining asset value. GSX is a trust-backed coin that increases in value over time and blends beneficial properties of cryptocurrency, stable coin, and an investment coin. The currency runs on the Apollo Blockchain for maintenance of the currency while ensuring legitimate, decentralized transactions. 

Apollo Fintech owns over 3000 acres of land for gold and platinum mining in Zimbabwe. All commissions from the coin transactions facilitate developments in the Apollo infrastructure, their mining lands, and gems. Likewise, the process will enhance the immeasurable value of the coins. The plan assures holders that the coin will never have a lower value than the gold, secured gold, gold ore, land rights, and gold and platinum group mine inclusive of all assets backing GSX.

How it Works

25% of transaction fees associated with Apollo Fintech’s products will go into buying more gold and mining land for constant supply to back GSX. Users will have access to this progress so they can follow the increase in GSX value.

50% of the gold production goes to powering GSX, which ultimately increases its value. The other 50% will pay GSX owners their dividends. Apollo Fintech can purchase GSX directly as long as GSX fulfills certain conditions. 

Benefits of GSX

  • GSX is a trust-backed coin by gold, mines, and lands. In turn, its value will always surge higher than the assets
  • GSX will soon be available on other alternative cryptocurrencies exchanges besides Apollo offering users a choice in their preferences 
  • GSX chose to utilize a decentralized platform to provide its users with a confidential space to trade with. 
  • Owning of GSX comes with a variety of rights like owning rights to the precious metal industry, the gold-rich mines, and refineries with mining equipment. Furthermore, any selling of assets by the company provides a share of the income for users
  • Every year offers GSX holders dividends from the profits garnered in gold and platinum mining
  • Geologists will be responsible for conducting assets auditing procedures from time to time, and the auditing information will be available to the public
  • Asset profits steadily increase with time giving investors motivation to own GSX as early as possible
  • As long as a person holds GSX, they can redeem it for equivalent gold value. The minimum value set for redeeming is $200,000.

Apollo Fintech Successes

Apollo Blockchain

The network supports a variety of functions like predicting market situations, storage and controlling crypto assets, and designing customized blockchain systems. Besides providing a secure environment for users to trade and transact, Apollo Blockchain ensures they maximize their incomes through staking.

Blockchain technology works under strict regulatory abidance that supports fundraising activities and complete compliance with securities laws. The system is equipped with a variety of powerful technologies that assist users in sending tokens reasonably. Apollo blockchain is working towards collaborating with other business platforms as their driver for financial instruments.

Government Solutions

Apollo Fintech is zealous in formulating solutions for shortcomings in current government systems to save funds and secure systems. Apollo is the first company to build and sell a functional e-Government platform.

The Apollo National Currency System is a network that facilitates the exchange of a national government’s currency in a decentralized way. It will iron out several issues in the traditional currency systems, including delays, corruption, frauds, security deficiencies, and expensive minting processes.

Stratus Project

Apollo Fintech is working on releasing the most expansive social network globally in Q3 2020. Stratus targets security, and censorship-free social platforms stamp out obstacles presented by topical ones. The design will procure a sustainable and easy interface for consumers. By interlacing properties of existing prominent sites into a single network, they utilize every aspect, hence achieving the higher purpose of satisfying users.

As per the CEO of Apollo Fintech Steve McMullah, all sites in the Stratus ecosystem will be available from the main application, which will all be end-to-end encrypted. They have also incorporated a fiat and Apollo wallet for any monetary transactions required.

GSX Distribution Event

Apollo will launch a distribution event of the GSX coin setting aside 10 billion of the total coins to the CDE selling at $0.046. 50% of the coins that will not sell during the event (if any) will be burned and transferred to the genesis account to prevent future spending.

The company will hold another 20 billion coins for one year after the distribution event. However, they can burn part of these coins to add value to the coins and assets in general.

Conclusion

In an ever-growing decentralized economy, leveraging higher profits in investments is crucial. Apollo Fintech has taken the initiative to offer its users a viable option. Gold Secured Currency is their answer to most of the questions concerning the right steps on where to put your money.

As an asset-backed cryptocurrency, GSX combines different features bringing users a wholesome experience. The coin will always augment in a value higher than the assets that back it. Furthermore, users get other benefits from holding GSX, including dividends and ownership rights in the company’s assets.

Bitcoin live price
Btc
Bitcoin
$24.030
price
1.23844%
price change
BUY NOW

Frequent auditing ensures transparent regulations within the company. The Apollo blockchain further ensures the security and sustenance of the coin for smooth running. Apollo Fintech has more to offer as we witness other significant partnerships in different sectors.

Disclosure: This is a sponsored post. Readers are encouraged to conduct further research before taking any action. Furthermore, Crypto Adventure does not endorse any crypto projects or cryptocurrencies listed, mentioned, or linked to on our site. Trading cryptocurrencies is a highly risky activity that can lead to major losses. You should consult your financial advisor before making any decision. Learn More

Stay up to date with our latest articles

More posts

Decentraland – A Virtual Reality Platform Unleashing the Blockchain Potential

Since its inception, virtual reality has been a phenomenon. People have been fascinated by the idea of stepping into another world that humankind created. With Decentraland, this fascination has become a reality.  Decentraland is a popular virtual reality platform that allows users to create and experience anything they can imagine. Decentraland is also a cryptocurrency platform. Within the Decentraland ecosystem, users may buy goods, services, and real estate with the MANA token. The MANA token enables the project's founders to…

Chain Pet – A Play-to-Earn Ecosystem for an Enhanced Crypto Experience

Blockchain gaming is starting to take off, and Chain Pet is one of the games leading the charge. In this review, we'll look at Chain Pet's main features and how it sets itself apart from the competition. Chain Pet is a play-to-earn ecosystem that rewards players for their contributions. By upgrading, breeding, and combating their elves, players may construct their world. The elves obtained are all personal assets, so finding a partner is essential to help you get started. One…

LoserChick – A GameFi Crypto Platform Relying on Staking

LoserChick is a fun and addictive new game that allows players to catch and smash eggs for NFTs. In addition to providing many ways for players to earn, LoserChick also offers lower gas fees and higher transaction speeds.  Because of its relationship with Polygon, it's an excellent option for gamers seeking to spice up their day a little. This review will analyze LoserChick in detail, so be sure to check it out if you're interested in learning more. What is…

AbellWorld – A Gaming Ecosystem Using NFTs and DeFi Technology

Cryptocurrencies are changing the gaming industry, with new platforms and games emerging that use blockchain technology and decentralized systems.  One such platform is AbellWorld, which uses NFTs and DeFi technology to create a gaming ecosystem that benefits players economically.  In this article, we will discuss how AbellWorld is providing a decentralized solution for all crypto gamers. What is AbellWorld? AbellWorld is a gaming ecosystem that uses NFTs and DeFi technology. It aims to be fair and equitable, focusing on data…

Bots.io – Getting Started with Automated Trading Bots in One Minute

If you want to enter the crypto world, you'll need a tool helping you make the most of your investments. Trading bots are software programs that use historical data to analyze current market trends. This analysis allows a bot to predict where prices will likely head in the future.  This information can help a bot make buy and sell decisions, allowing traders to automate their strategies and maximize profits.  Bots.io is a popular solution for crypto traders that offers many…

WunderTrading – Advanced Automated Crypto Trading for Every Investor

If you're looking for a reliable and automated crypto trading solution, WunderTrading is a popular option. With years of experience in the market, they offer a simple and easy-to-use platform perfect for beginners and experienced traders.  You can trade manually or use their powerful bots to automate your trading strategies. Let us learn more about WunderTrading in today's review. What is WunderTrading? WunderTrading is a trading platform that offers a wide range of features for beginners and experienced traders. These…

Trality – Automated Trading for Crypto Enthusiasts

If you are an enthusiast trader in the crypto market, you want to make the process easier and more profitable. Trality is one solution that has been gaining popularity among traders.  It is an automated trading bot that allows users to trade cryptocurrencies quickly and predictably. Let's take a closer look at what Trality offers and how it could benefit your trading experience. What is Trality? Trality is a platform offering traders and developers many benefits, including a code editor,…

The Bandit Project – How to Earn Passive Income by Staking NFTs

The Bandit Project is a new DeFi protocol aiming to empower NFT holders with passive income opportunities. Moreover, the initiative allows users to own a part of the project and share the revenue with the developers by providing liquidity. It’s worth noting this project is still in its early development stages. Nevertheless, it is advancing relatively fast, with the public presale for its $BANDIT token just around the corner. The much-anticipated event will take place on August 11 at 11…

Floyx – A Project Ready to Change the Social Media World with Decentralization

Blockchain technology is helping creative teams redesign aspects that belong to the Web2 world. The possibility of launching decentralized systems is opening a new set of options in the social media industry too. Today’s review will analyze the main features of Floyx, a new initiative wishing to overcome centralized social media. We aim to share information neutrally, enabling the readers to assess this project’s value proposition. About Floyx Floyx believes that, in the future, social media will be completely decentralized.…

Runnerland – An NFT-Driven Nostalgic Gaming Experience

Runnerland is a new game running on the BNB Chain, allowing users to fight, collect, and exchange items for real money. Fueling the game is a collection of rare NFTs enabling players to build and modify their characters into unique assets. Most importantly, gamers can enjoy a bit of action-adventure nostalgia as the game's universe mimics cult classics like The Legend of Zelda. This Runnerland review looks closely at the game’s features and blockchain-based utilities. Read on to discover its…