Golteum, a precious metals-backed NFT marketplace, announced that it has joined the Chainlink BUILD program, an initiative of Chainlink Labs. With this deal, Golteum will be able to leverage Chainlink’s knowledge and resources to accelerate the growth of its NFTs backed by physical gold, silver, and other precious metals.
Golteum joins the Chainlink ecosystem
Precious metals continue to function as strong sources of wealth in a world where cryptocurrencies are experiencing significant volatility. However, the majority are traded using centralized platforms which pose a high barrier to entry for the average investor.
Golteum has now stepped onto the scene to break down this barrier to entry by creating a decentralized finance (DeFi) platform, and joining the Chainlink BUILD program will help accelerate the adoption of its precious metals trading platform.
Thanks to this coexistence, Golteum will have better access to Chainlink’s main oracle services, including its proof-of-reserve system, real-time data on prices, security, etc., as well as its technical know-how and support. community. This will accelerate the development of the Golteum ecosystem and the long-term adoption of the GLTM token.
As part of the deal, 4% of Golteum’s native token ($GLTM) will be allocated to the Chainlink community, stakeholders, and service providers.
Chainlink’s decentralized blockchain oracle network is built on Ethereum and is a reliable, tamper-proof network that provides seamless connection to any API.
The Chainlink BUILD program is an initiative by Chainlink Labs to integrate upcoming and existing Web3 projects into enhanced technical support and services, enabling accelerated project growth and development.
About Golteum
Golteum is a 100% asset-backed NFT marketplace that offers a level of utility unmatched in the crypto space. Unlike other projects, Golteum provides a platform that makes way for the democratization of precious metals ownership through the use of fractionation technology and blockchain.
Golteum comes on the scene to simplify access to physical precious metals by offering a more profitable and secure buying experience with new features on the Web3 trading platform.
Golteum has partnered with Fireblocks to strengthen the platform’s security against hacking, theft, and other forms of cybercrime. It will also provide institutional grade custodial services to Golteum to secure its reserves at all times.
Join the Golteum community: