Since the beginning of gold coins around 550 B.C., gold has been the most protracted tradable asset in history. We (GSX) are now in the twenty-first century, and Apollo Fintech is taking gold to a higher level together with more significant purposes on their Hermes blockchain. Apollo Fintech released documents illustrating part of their gold mine claim in Zimbabwe that will back their GSX stable coin.
The crypto market is saturated with thousands of cryptocurrency platforms, all claiming to be the ideal project for mass adoption. Thus far, only a handful of platforms makes sense. Only one platform is an All-in-One, creating adoption opportunities on the government, consumer, and commercial levels. The Apollo Fintech dream is closer to reality with the addition of the GSX gold-backed stable coin. Due to this addition, the Apollo team has proven their commitment to concentrate on long-term goals. Goals that, in return, will elevate the value of the platform.Only one platform is an All-in-One, creating adoption opportunities on the government, consumer, and commercial levels. The Apollo Fintech dream is closer to reality with the addition of the GSX gold-backed stable coin. Click To Tweet
Apollo in Zimbabwe is a grand opportunity for the Zimbabwean people because of job creation opportunities. Those are opportunities that are dying or currently invincible in many sectors across the country due to sanctions, political instability, and often management deficiencies over the years. That scenario is about to drastically change with the utilization of the Apollo Fintech’s products, modern types of machinery in the mines, transparency, and a working relationship with the Zimbabwean authorities.
GSX Gold Will Exist for Centuries
When we came into the world, we met gold, that precious metal governments stockpile in the event of economic collapse they have something valuable to trade. Throughout history, mined gold total around 197,576 tonnes. There are an estimated 54,000 tonnes of unearthed gold in the world, and Zimbabwe is one of the world’s most recognized locations for its gold quantity and quality.
According to the World Gold Council, “Gold has emotional, cultural and financial value and different people across the globe buy gold for different reasons, often influenced by a range of national socio-cultural factors, local market conditions and wider macro-economic drivers.”Apollo in Zimbabwe is a grand opportunity for the Zimbabwean people because of job creation opportunities. Click To Tweet
The gold and precious metals Apollo is mining are only a few meters below ground. That will encourage a constant supply, reduce mining cost, less stress on machines, and allow more time to explore other locations on the mine.
GSX is the first stable coin backed by gold and will rise in value, but never drop its gains. Anyone holding this asset will have rights to the Apollo Fintech’s trust. They will receive dividends as the company progresses and acquire more mines in the future.