What is Newgold

Article Summary, Automatically Generated By AI

Summary of NewGold Token

  • NewGold token is a digital payment gateway for an upcoming social media app.
  • The app will be launched in over 120 countries, making the token durable with daily usage.
  • Only 10,000 NewGold tokens exist, and new tokens cannot be mined again.
  • 5,100 tokens (51%) are in circulation, while 4,900 tokens (49%) are locked for 4 years.
  • The ownership of NewGold has been renounced for transparency and trust.
  • NewGold token is on Binance Smart Chain Bep20 with a decimal of 18.

About NewGold: Pioneering a New Era in Digital Assets

The NewGold token was conceived as a digital payment gateway for an innovative social media app, poised to revolutionize the way users interact online. By integrating the token into the app’s ecosystem, we envision a future where thousands of users worldwide will utilize NewGold tokens as a seamless and convenient means of exchange. Our project is dedicated to crafting a pioneering video social media platform, slated for imminent launch in over 120 countries. As the app gains traction, we anticipate a corresponding surge in NewGold token adoption, cementing its status as a durable and widely-used digital currency.

NewGold is poised to become one of the most valuable cryptocurrencies worldwide, owing to its extreme scarcity, with only 10,000 tokens in existence and no possibility of further mining. The NewGold Team’s strategy is centered around creating value, thereby rendering the token rare, coveted, and expensive. Notably, only 5,100 tokens (51%) will be in circulation, while approximately 4,900 NewG (49%) will be locked for a period of four years, with gradual release. Furthermore, the ownership of NewGold has been relinquished to foster trust and transparency. The NewGold token, built on Binance Smart Chain’s Bep20, boasts a decimal of 18.

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