“SION Gold  Trading Progress This Week”


In a press release that was distributed by Dignity Holdings LLC on July 25, 2019, the company made the announcement that two of its wholly-owned subsidiaries, Dignity Mining LLC and Dignity Gold LLC, would open locations in the city of New York. Dignity Mining LLC and Dignity Gold LLC are both mining companies. It would seem, based on the fact that the picture was shot from a very high vantage point in New York City, that the corporation has decided to establish its new headquarters in the city itself. There is no way to pinpoint exactly where the object is located.

The Dignity (DIG) digital currency token has recently been released, and the value of each DIG will be backed by gold in the future. According to Goldscape.net, the following features are considered advantages:

On a fundamental level, I can see why some people could be interested in learning more about this subject. In order to make financial dealings easier, a currency or token with a value that is comparable to gold will be released (for example 1 gram of gold equals 1 coin). The gold gramme is protected from harm by a trustworthy custodian, who should ideally be a third party that is not involved in any way. After that, the gold gramme may be exchanged for other coins or sold on the open market, whichever option is most favorable. When determining the minimum value of a coin at any given moment, the current price of gold is utilised as the basis for the calculation. In the event that its popularity causes its price to surge, it is feasible that the value of one coin of this cryptocurrency will exceed the value of one ounce of gold. If digital currencies don’t catch on, the value of one gramme of gold will be the same as it is right now. This is because the price of gold is measured in grams. It fulfills a function that is analogous to that of a stop-loss that was previously determined to be appropriate.

On June 28, 2019, SION Trading FZE of Dubai sent an email to subscribers of the Canadian cryptocurrency firm Cryptobontix to announce that on the same day, SION Trading FZE had bought all of Cryptobontix Inc.’s shares and assets. The email was sent out to announce that SION Trading FZE had bought all of Cryptobontix Inc. The message was sent by email to anyone who has subscribed to Cryptobontix. Tokens with the symbols Dignity (DIG), Namaste (NAM), Honor (HNR), and Orectic (ORECTIC) are participating in the asset transfer. Other tokens with these symbols include Honor (HNR) and Orectic (ORECTIC) (ORE).

During the forthcoming holiday break in the United States and Canada, there is a possibility that additional exciting news may be released for subscribers and those who are the owners of tokens.

In a press statement dated July 25, Dignity Holdings LLC said that in addition to the tokens, it would also maintain its collaboration with SION Trading FZE by means of a safe keeping receipt (SKR) for 395,000 kg of gold. This information was provided in the context of the transaction. The statement was made in relation to the partnership that has been established between the two businesses.

That is to say, neither Max Barber, who is the president of SION Trading FZE, nor SION Trading FZE itself will have an active part in the day-to-day operations of the new organizations that are being administered by Dignity Holdings LLC. This is because Dignity Holdings LLC is in charge of those businesses. It is not clear what type of stake, if any, the corporation SION Trading FZE still maintains in the new businesses.

DIG has been trading at a price that is less than one cent US for the better part of a year, and there has been very little activity in terms of transactions. The amount of trade has likewise been rather modest. This is largely attributable to the fact that neither Cryptobontix nor its previous parent company, which was located in Bermuda and was known as Arbitrade Ltd., have presented any evidence to support the claim that was made in the 2018 whitepaper that the company actually controls the precious metal assets that are required to back the token. This claim was made that the company actually controls the precious metal assets that are required to back the token. To put it another way, the assertion has not been supported by evidence. Whitepaper calculations suggest that on August 3, 2019, a single DIG would have been worth $1.13 if it had been backed by gold. This information comes from the whitepaper. The amount of mass that is equivalent to one gramme of gold is 0.02445 grams.

After the conclusion of the sale of Cryptobontix to SION Trading FZE in June of 2018, Arbitrade, where Braverman worked as COO, made the announcement during a press conference that it had bought the required quantity of gold to back the DIG token. Troy Hogg, the man who founded Arbitrade, made the following news during the press conference: “Through our cooperation with SION Trading FZE of Dubai,… we are acquiring title to $10 billion in actual gold.” The contracts have been signed, and I have a copy of each one sitting right here in front of me; Brinks is going to be responsible for keeping them safe at a place that is well protected.

The absence of verification of these holdings has been noted as one of the key causes of disagreement by those persons who have voiced their skepticism over the benefits of the DIG currency. According to recent reports, Dignity Holdings, LLC is making preparations for the public disclosure of audit documentation that will validate the company’s ownership of the gold that it claims would be used to finance DIG. This documentation will validate the company’s ownership of the gold that it claims would be used to finance DIG.

The following supplementary pieces of information are expected to be made public by Dignity Holdings LLC in the very near future, which is something that investors, both present and potential, are looking forward to.

White paper revised to reflect current thinking (the cryptocurrency equivalent of a prospectus)

DIG, which is a sort of cryptocurrency, may now be purchased via a wider variety of trading sites.

The information included in the new whitepaper will determine whether or not Dignity Holdings LLC will continue to govern Dignity money in the same way that Cryptoboxtix/Arbitrade had intended, or whether or not it would adopt alternate forms of administration.

Because Livecoin.net and Coin Exchange, the two marketplaces where DIG may currently be bought and sold, are very small in comparison to other of the world’s larger exchanges, it is anticipated that additional exchanges will be established in the near future. Livecoin.net and Coin Exchange are the only two marketplaces where DIG may currently be bought and sold. A bigger exchange would definitely bolster the trust of prospective investors, such as those whom Braverman and Chairman Kent Swig are aiming to attract.

Kate Johnson is a content writer, who has worked for various websites and has a keen interest in Online Signals Report and Stock portfolio generator. She is also a college graduate who has a B.A in Journalism. Read More: Fin Scientists >> Read More: Stocks Signals Mobile App >> Read More: Crypto Signals >> Read More: Crypto Trade Signals App >> Read More: Trade Signal Buy and Sell

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