Gsx Crypto: Worth Investing Or Just Another Risky Bet?

GSX, or Gold Secured Currency, is a stablecoin hosted on the Apollo blockchain. It is unique in that it is backed by gold and gold-rich land in Zimbabwe owned by its parent company, Apollo Fintech. As gold has consistently increased in value over time, GSX is a stablecoin with high value. GSX also offers dividends to holders, making it an attractive investment opportunity in the crypto space.

GSX is the first stable coin that increases in asset value indefinitely

GSX, or Gold Secured Currency, is a stablecoin hosted on the Apollo blockchain. It is the first stable coin that increases in asset value indefinitely.

GSX is unique in that it combines the benefits of a stablecoin and a traditional cryptocurrency. It provides its owners with a minimum asset value, like a stable coin, while facilitating growth in value like traditional cryptocurrencies. This is achieved through Apollo Fintech's ownership rights to 3,700 acres of gold-rich land in Zimbabwe, which it intends to use for gold production. 50% of the profits from gold mining back the GSX coin value, ensuring perpetual growth in the value of assets.

The stability of the GSX coin is strengthened by its backing in gold and gold-rich land. Gold is a durable metal whose value has increased over time, and the same characteristics are expected to be reflected in the GSX coin. The value of the gold-rich land is also expected to appreciate with infrastructural developments, further increasing the value of the assets backing the coin.

The unique qualities of GSX make it a standout currency in the crypto world and a worthwhile investment opportunity for astute investors.

GSX is backed by gold and gold-rich land

GSX, or Gold Secured Currency, is a stablecoin hosted on the Apollo blockchain. It is a cryptocurrency belonging to the Apollo Fintech organisation, which aims to provide coin holders with growth opportunities.

GSX is backed by the value of gold and gold-rich land owned by Apollo Fintech in Zimbabwe. Apollo has ownership rights to 3,700 acres of gold-rich land in the country and intends to use a portion of the gold mined to support the coin's value. The company will continue to increase its stock of gold, backing the currency with revenues from its other businesses.

Apollo commits to setting aside 50% of all the gold it mines, after deducting costs, to back GSX. The land containing the gold will also provide extra security for the coin, with further investments in the form of gold coming from fees paid to Apollo from other sources.

The backing of GSX in solid gold will grow over time, with Apollo forming a company to mine the gold used in the backing process. This company's infrastructure is additional security for GSX.

The value of GSX will keep appreciating as the value of the gold and land backing it increases. Gold has consistently increased in value, and projections show that this will continue. The gold-rich land will also appreciate in value as Apollo develops infrastructure to facilitate the mining process.

GSX holders automatically become legal owners of the gold mining company that Apollo will create. They are entitled to a share of the profits the company makes, with dividends paid annually in the form of either Apollo Cash or GSX coin.

To back up its claims of securing GSX with gold, Apollo will conduct an independent geological audit of the gold deposits at its mining lands. This audit will be open to all interested parties and shared via its blockchain. The company will also undertake periodic open audits of the stock of gold backing GSX, which will be relayed to investors via the Apollo Blockchain.

GSX is hosted on the advanced Apollo Blockchain

GSX, or Gold Secured Currency, is a cryptocurrency hosted on the advanced Apollo Blockchain. Apollo Fintech, the parent company of GSX, has developed this blockchain as a platform to launch its products. The blockchain functions using distributed ledger technology, providing a cost-effective solution for product development.

The Apollo Blockchain offers security, safety, privacy, and fast transactions for its users. It is the first blockchain to add true quantum resistance, making GSX stable in the face of the upcoming quantum technology. The blockchain is also the first to introduce database-level sharding, breaking down data into smaller chunks across different nodes, ensuring blockchain sustainability and infinite scalability.

The updater protocol of the Apollo Blockchain ensures that all parts of the blockchain receive timely updates, a feature that has been a challenge for other blockchains like Ethereum. Regular updates mean improved services for all users, assuring GSX investors of their safety and transaction speed.

The platform has zero scalability issues due to the database-level sharding, allowing any trader to complete large transaction amounts without worrying about processing space. The blockchain also boasts a fast block completion speed of 2 seconds per transaction.

The combination of the Apollo Blockchain's features, along with GSX's gold backing, makes it a stable and secure investment option in the crypto world.

GSX holders own the gold mining company

GSX, or Gold Secured Currency, is a stablecoin hosted on the Apollo blockchain. It is unique in that it is backed by the value of gold and gold-rich land owned by Apollo Fintech in Zimbabwe.

Holders of GSX automatically become legal owners of the gold mining company that Apollo will create. This means that they are entitled to a share of the profits the company makes. This dividend will be paid out annually in the form of either Apollo Cash or GSX coin, prorated based on the amount of GSX held.

The gold-rich land owned by Apollo Fintech provides extra security for the coin. The company will continue to increase its stock of gold, backing the currency with revenues from its other businesses. This means that the backing of the currency in solid gold will grow over time.

In addition to the security provided by the gold-rich land, the infrastructure of the mining company itself provides additional security for GSX. This infrastructure includes the Apollo blockchain, which is immutable and incorruptible, guaranteeing the security of all transactions.

The combination of the security provided by the gold-rich land and the mining company's infrastructure makes GSX a stable and secure investment option. The value of GSX is expected to appreciate over time, making it a wise investment choice for those seeking to enter the crypto space.

GSX holders are eligible to earn dividends

GSX, or Gold Secured Currency, is a stablecoin hosted on the Apollo blockchain. It is unique in that it is backed by gold and gold-rich land owned by Apollo Fintech in Zimbabwe. This gives GSX a level of stability that other cryptocurrencies lack, as gold is a valuable commodity that has consistently increased in value over time.

The dividend is prorated based on the amount of GSX held, meaning that the more GSX an individual holds, the larger their share of the dividend will be. This dividend is in addition to the potential for growth in the value of the GSX coin itself, which is expected to increase as the value of gold and gold-rich land increases over time.

The eligibility to earn dividends is a significant advantage of investing in GSX, as it provides an additional source of income on top of the potential for capital gains through the appreciation of the coin's value. This makes GSX a very attractive investment opportunity in the cryptocurrency space.

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