Digital gold will see new developments in June, and NEWG exchange for BTC is worth looking forward to!

As blockchain use cases become more common, institutional investment in the cryptocurrency market is increasing. Tabb, a well-known American financial market research and strategic consulting company, analyzed last week: "If 2017 was the year that cryptocurrencies went mainstream, then 2018 may be the year they go institutional."

In addition, John McAfee, the founder of the well-known antivirus software McAfee and a veteran miner, also said in a tweet this week that a large number of investment institutions will enter the market with large amounts of funds. He called on people in the currency circle to prepare for the next round of price rebound in cryptocurrencies. He also said that as funds flow into the crypto market, the prices of the top ten cryptocurrencies will rise sharply. In addition, as investors seek to diversify their cryptocurrency portfolios, other competing coins will rise.

Recently, news about institutions entering the digital gold lock-up plan has been flying all over the place. It is reported that the amount of digital gold that institutions earn every day far exceeds the daily issuance of digital gold, which has led to a steady growth in the price of digital gold. In addition, as institutions continue to earn income, the price of digital gold may continue to grow. Coupled with the news that digital gold will soon be exchanged for Bitcoin, the future value of digital gold is even more worth looking forward to.

At the beginning of May, the Digital Gold team has released news that there is a mysterious relationship between digital gold and Bitcoin. Since digital gold is the product of the gold mining area and represents the contribution value of the new Router 3 users sharing idle bandwidth resources, some people speculate that the gold mining area is about to launch the function of "mining" Bitcoin.

With the official disclosure of information several times and the analysis of many digital gold users, it is now basically certain that the real intention of the digital gold team is to launch a platform for exchanging digital gold for Bitcoin next month. Although the official has not yet announced specific information, some people speculate that this platform will be launched on the Digital Treasury APP, and digital gold users are most concerned about the specific exchange details and exchange ratios, but the official does not intend to inform all the information at once, so we need to wait for the next information release.

However, in the early stage of a new thing going online, there will inevitably be a series of activities or benefits to attract users to participate. This time, the digital gold exchange for Bitcoin is also a brand new platform. We can also boldly guess that the platform may set up a ranking list related to the exchange quantity in the early stage, and then issue rewards based on the ranking, or waive the exchange fee for the first time or one week. Although these are just speculations, the editor still thinks that the official will definitely launch certain welfare policies this time to attract user participation.

Judging from the official launch of this function and new platform, there may be deeper value development. As we all know, the gold mine is a shared economy project based on blockchain technology. At present, blockchain technology is so popular that it is adopted by many companies or fields due to its decentralization and non-tamperability. The digital gold team has made certain achievements in blockchain technology. Perhaps they will use blockchain technology to build a distributed platform to create a safe and reliable digital asset exchange platform.

If such a secure platform can be built, it will surely be welcomed by other large platforms and digital asset users. After all, the security of distributed platforms is much higher than that of existing platforms, and this business will also promote the global strategic layout of the digital gold team. With the entry of institutional funds and the digital gold to Bitcoin exchange function to be launched next month, it is foreseeable that the future development of digital gold will be rapid.

This article is for commercial promotion only and does not represent the position of Wabi.com. Cryptocurrency is a high-risk industry. Please invest with caution. We are not responsible for any losses!