Digital Assets: SwissGold Launches Gold-Backed NFTs For These Turbulent Times

November 8, 2023 | Digital Assets, News

Gold remains a steadfast and dependable refuge during crises, be it hyperinflation, conflicts, or natural disasters.

SwissGold Crypto AG has introduced a groundbreaking solution to address the challenges of preserving wealth during times of inflation and uncertainty. The firm is offering gold-backed non-fungible tokens (NFTs), a novel approach in the world of cryptocurrency.

Gold has long been a symbol of stability, especially when compared to depreciating fiat currencies. The decision by the US President in 1971 to abandon the gold standard resulted in significant devaluation of major fiat currencies, with the US dollar losing a staggering 97% of its value against gold. As inflation rates continue to rise, the interest in alternative assets like gold and cryptocurrencies has soared. While cryptocurrencies are known for their volatility, gold remains a steadfast and dependable refuge during crises, be it hyperinflation, conflicts, or natural disasters. (

SwissGold Crypto AG recognizes the importance of physically allocated gold for crisis insurance. They have innovatively placed gold bars of various sizes on the blockchain as non-fungible tokens (NFTs). These NFTs are backed by physical gold bars and can be acquired for as low as $60 for a 1-gram gold bar. Notably, there are no storage fees associated with SwissGold NFTs, and holders have the option to redeem them for the physical gold bars they represent whenever they desire. Additionally, these NFTs come with a serial number and a 3D representation, making them compatible with the metaverse for virtual display.

Investors can acquire SwissGold NFTs on the website, which accepts various cryptocurrencies and fiat currencies. Rest assured, the gold is securely stored in high-security vaults in Switzerland, providing peace of mind.

SwissGold’s gold-backed NFTs offer a practical and secure way to preserve wealth during uncertain times, benefiting from Switzerland’s stable and reliable economic environment.

Related Story:  Robert Kiyosaki (Of Rich Dad Poor Dad Fame), Trashes Fiat Money

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