Tokenization
Resurgence of Gold Amid Market Uncertainty
Thursday. September 5 at 5:00 PM
1 min. readIn the midst of economic uncertainty, including recession fears and rising interest rates, gold has surged to record highs, reaching $2,531.70 per ounce in August 2024. George Agathangelou, COO of IPMB, highlighted gold's value retention during market downturns, attracting investors seeking safe-haven assets. IPMB offers cost-effective gold investment opportunities, ensuring traceability from mines to consumers. Security measures include code reviews, secure storage, and IoT integration for supply chain transparency. The dual token system by IPMB provides access to 18-karat gold-backed tokens and 24-karat gold GEM NFTs, promoting portfolio diversification. Staking rewards users with discounts on GEM NFTs, backed by physical gold. Future plans include an NFT marketplace, banking licenses, and AI tools. IPMB aims to introduce credit card processing, stablecoins, and innovative payment solutions in 2025.