Thursday, 03 November 2022 05:15 PM
Company Update
Gold Retriever Announces Chainlink Integration
The Road to a Commodities DEX Begins with a LINK
NEW YORK, NY / ACCESSWIRE / November 3, 2022 / Gold Retriever, LLC is set to integrate Chainlink, the leading decentralized oracle network. Through Chainlink, Gold Retriever has access to live price data from traditional commodity markets. Gold Retriever plans on building a decentralized exchange for trading commodities with nearly instantaneous transactions using Chainlink's oracle technology. Gold Retriever's GLDN token serves as a gateway to this ecosystem and is one of the first cryptocurrencies to reward its holders with a gold stablecoin. GLDN IS THE GENESIS TOKEN.
Gold Retriever seeks to create the world's first commodities ecosystem built on the blockchain, and we are pleased to announce our integration of Chainlink to help us reach this goal. Chainlink is the best-in-class oracle provider. Chainlink Price Feeds and Chainlink Proof of Reserve-which are now integrated with Gold Retriever-are secured by independent, Sybil-resistant oracle nodes run by leading blockchain DevOps teams, data providers, and traditional enterprises with a strong track record for reliability, even during times of high gas prices and extreme network congestion.
Chainlink Price Feeds are decentralized at the data source, oracle node, and oracle network levels, generating strong assurances regarding accuracy and reliability. That includes the spot price of wheat, crude oil, soybeans, and more, along with auditing our reserves. This integration represents a kind of coming-out party and stamp of approval for Gold Retriever as we endeavor to become a commodities-based payment method, a figurative anti-dollar.
Seth Weiser, Founder of Gold Retriever LLC, said, "Our development pipeline from here only gets more ambitious, and this Chainlink integration is an essential step on that roadmap. We began with a vision of combining gold and crypto as a use case. Since then, we have tokenized water with our new Blu Arctic brand and will be partnering with the largest non-professional esports company in the United States. In addition, we are working on a rewards-based employee program with multiple corporations."
Gold Retriever is positioned to become the bridge between commodity traders and the blockchain, and has integrated Chainlink to help us bridge that gap. We started with gold, but our technology readily maps to every commodity that's traded in the world today. GLDN token holders can expect to receive future airdrops of newly launched commodity tokens, similar to Blu Arctic. Each new commodity token contract will be programmed to purchase GLDN off the open market. Gold Retriever aims to take a piece of the trillions of daily trading volume in commodities and disburse this back to holders through fees.
About Gold Retriever
Gold Retriever is taking the lead on bringing commodities to the blockchain. Gold Retriever's flagship is $GLDN, a decentralized financial asset that rewards its holders in the form of the gold-backed stablecoin PAX Gold. Gold Retriever is building DeFi's first commodities-based ecosystem with the Gold Retriever token at the center of it all.
Learn more about Gold Retriever by visiting
https://www.bluarctic.xyz/info
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Safe Harbor Statement
This press release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "view," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. All forecasts are provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely on management's best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
SOURCE: Gold Retriever LLC