Leostrategy launches tokenized Gold.

@leostrategy will launch its tokenized version of gold, "TGLD," sometime today, just as it did with Tesla shares. It seems the positive experience of their recent launches has encouraged them to continue. My intention with this new token is to buy both during the pre-sale and afterward, as gold is an asset I really like, and its high cost prevents me from owning it physically, which is how I would prefer.

Image @leostrategy

This pre-sale is a bit different from Tesla's; I think they've refined it somewhat. First, there's a token limit of 29,500 TGLD, as was the case with Tesla, but also a 7-day limit, whichever comes first. This seems the most logical approach, as otherwise the price could fluctuate significantly depending on the trading sessions.

One negative point is that the pre-sale discount is 10% instead of the 20% offered by Tesla, but I suppose that's because gold is a less volatile asset than a tech stock. On the other hand, the yield is higher: an initial 5%, and if certain conditions are met, it can reach 17%, which is another advantage.
The guarantee system is the same as with Tesla; basically, LEO serves as the token's collateral. This will apply to all similar tokens issued by @leostrategy. In short, if you trust LEO and Leostrategy, then it's a fantastic token that provides significant portfolio stability and growth potential. It's important to understand that it's not like owning physical gold, and the risk lies with the counterparty.
Another piece of good news today is that SURGE has already reached the dollar, which should be its minimum price.

Disclaimer.

This is not a purchase recommendation. I am not a regulated financial analyst. Under no circumstances should this information be construed as a recommendation to buy, sell, or hold a position.
You should be aware of the risks involved in investing and conduct your due research.
The information described here may not be accurate or may change at any time, so you should always check it.