The digital realm has become an integral part of our daily lives. It has brought investments closer to the people, as they have become simpler and more accessible. Consequently, financial instruments such as stocks, bonds, mutual funds, and ETFs have undergone rapid digital transformation.
The landscape has undergone an evolution with the advent of blockchain, which is heralding a new era of digital investments: crypto-assets. Cryptocurrencies originated with bitcoin, the world’s first decentralized, peer-to-peer money, in 2009. While the fundamental idea behind bitcoin was to establish a safe and anonymous mechanism to transfer funds, people also recognized its potential as a store of value. Crypto-assets are expanding fast and have reached a market valuation of over $1.03 trillion in about twelve years. The industry even clocked an all-time high of $3 trillion in November 2021.
Following an initial boom that saw Ethereum and its smart contract platform rival bitcoin in popularity, other cryptocurrencies (altcoins) began flooding the market enormously, offering security, exponential industry growth, outsized returns, inflation hedge, and portfolio diversification. While crypto has gained popularity as a digital investment, some overlook the utility and purpose factors, which have caught the attention of many.
More than Just a Digital Investment
Unlike traditional stocks, holding crypto-assets provides actual utility: individuals can stake their tokens for rewards, as well as participate in yield farming to earn lucrative interest rates, governance, and can even solve real-world problems effectively. The rarest and most valuable combination, however, is a cryptocurrency with utility, a solid purpose, and the potential to be a reliable investment. The Legacy Token by Nature’s Vault checks all these boxes.
Nature’s Vault is a fintech-slash-greentech company tokenizing and monetizing the preservation of gold deposits underground. The company’s goal is to facilitate ESG impact and natural capital investment, offering new ways to invest in the future of our planet through various projects, beginning with Legacy Token. The token not only serves a purpose but also provides utilities for holders, such as the ability to stake it to earn yields and vote on governance.
Legacy: The Token with a Purpose
As the token’s main utility is the preservation of in-ground gold deposits, each Legacy Token is backed by the preservation of at least 1/100th of a gram…
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