IP Gold, the digital asset crypto-hedge, has just announced its move from Ethereum to the NEM Blockchain.
The proliferation of tokens and other Decentralized Applications (Dapps) on the Ethereum blockchain are continuing to strain the transaction capabilities and speed of its underlying infrastructure. Coins and tokens looking at long-term stability and operation, such as IP Gold, are discovering alternative blockchains, such as NEM, that offer more scalability, security and enterprise features.
The proven scalability, support, and security of the NEM blockchain offers the most future-proof platform for the IPG token and IP Gold community,” said David Grieshaber, CIO at IP Gold. “NEM’s peer-to-peer architecture, proof of importance (POI) algorithm, encryption and multisig account support made it the obvious choice for IP Gold’s long-term goals.
Digital assets, particularly those that have been around long before crypto, provide a consistent hedge and revenue stability outside of the crypto markets. IP Gold is a digital asset management company that utilizes the blockchain and smart contracts to reduce overheads, better manage the process of acquiring and monetizing its digital assets and coordinate the thousands of complex global transactions in the asset monetization lifecycle.
IP Gold deploys a proven set of value-added transactional services on its digital assets to maximize is revenue generating capabilities and attractiveness to customers – while providing asset growth and security, downside protection and risk diversification to our token holders.