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OZcoin, Inc. is revolutionizing the finance industry by launching a 24 Karat gold backed crypto currency. 1st generation crypto currency models like that of Bitcoin suffer from a number of disadvantages that OzcoinGold has managed to overcome, yielding all the benefits of a crypto currency but also the additional benefits and security that backing
it with an asset such as gold would bring. OzcoinGold currently holds 100,000oz in reserve gold, 1/3 of which is secured gold bullion in the Perth mint, and 2/3 in reserve and to be delivered to the Perth mint by 2022. Investors and traders of OzCoinGold have the advantage of investing in a crypto currency stabilized by gold, thereby avoiding major market volatility, and increased investment return due to OzcoinGold being an open market crypto currency influenced by market premiums. Investors may decide to trade OzcoinGold on the open market, or hold their OzcoinGold coins until March 2022, when they may liquidate their coins into 24Karate gold bullion.
