50 Leading Companies to Watch 2022
Precious metals and minerals are experiencing a sharp increase in value as geopolitical instability dominates the news. Traditionally, investing in commodities was simply a hedge against risk, but that is an outdated approach to today’s investment opportunities. With blockchain, smart contracts and/or inflation, and a bit of creative thinking, commodities – from precious metals and minerals to oil – can be both a hedge against risk and an investment strategy that can offer excellent upside potential.
Tokenized ownership and trading enable third-party auditing of physical assets, which has the potential to significantly advance the commodities market. Now traditional commodities can be invested to allow protection against downside risk and provide an upside if the commodity’s price drops, by increasing its pledge backing. For even more upside, a security token investment fund can offer its investors a dividend and optionality for multiple types of commodity reserves, making it feel much like a traditional investment future.
Additionally, with tokens a financial system can be created that directly supports everything from funding mining operating, to setting up oil rigs, or building a farm. These modern financial instruments enable the producers of commodities to create built-in arrangements for the “first-right” to deals on the price of the commodity they produced, and/or to funnel their surplus into a vault that enhances the value of the token. It is easy to manage, can be United States compliant, and can be protected with a licensed custodian and investor password retrieval.
In the future, commodities may undergo the digitalization process that we are now seeing with precious metals and minerals. With effective auditing of the process, common issues with futures markets can be mitigated to ease concerns of risk and to avoid the tensions that are currently affecting futures. Demystifying tokenized ownership of commodities with greater transparency and reduced friction may even open these markets to greater numbers of investors, and set the stage for wider participation in the time-honored business classes we rely on to deliver commodities.
Following excerpts are taken from the conversation with Steve Braverman, President of Dignity Gold
Q. How are you changing the landscape of mining in North America?
Dignity Gold has changed the landscape by offering a better, smarter, easier and a safer way to finance small to midsize precious metal mining claims. Currently, it is easy to stake a claim in the United States. However, there are extreme barriers to entry based on funding. Most small mining operations have difficulty raising the required capital to get started. There are many startup costs, including processing equipment, staff, heavy machinery, smelting, and more. Tokenizing these assets creates an opportunity for Dignity Gold to partner with small and midsized miners to help fund all their startup and operating costs.
Whether extrapolating assets from the ground or, in our case, with Apache Mill and Tailings’ (Apache) alluvial and placer deposits and tailings, Dignity Gold is pioneering a more modern approach to getting these mines up and running.
Q. Why, according to you, is Blockchain a trusted approach?
Blockchain technology offers many advantages. Simply put,it is transparent, safe, and, because it’s decentralized, it offers flexibility for trading around the clock and around the globe. Something traditional investments can’t do. Can you sell your Amazon stock at 3am on a Saturday?
Q. What are the fundamental principles in Blockchain that help eliminate security threats?
Blockchains are decentralized and tamper-resistant shared digital ledgers that rely on consensus by many trusted parties to assure an unalterable record of transactions. Blockchain provides an accessible, efficient, transparent channel to store, manage, and move value and to interact seamlessly with other platforms. The security of a digital asset that resides on a blockchain platform is dependent on storage protocols, including cold storage of tokens by a certified custodian that prevents unauthorized access to the digital keys to holdings.
Q. How has your team contributed to the growth of the company?
The teams at Dignity Gold are bringing a wealth of finance and investment experience to this opportunity, and we have top-tier partners in every facet of what we are doing.
Our mining partner, Apache, brings expertise in above- and below-ground precious metals and minerals mining, with certified independent geologists who have moved quickly to prepare our facilities at Pinkham and begin mining right away.
Tritaurian Capital, our investment bankers and compliance consultants – who we believe were the first and are still one of the only FINRA licensed U.S. broker dealers permitted to issue blockchain securities – bring years of experience working alongside the regulators monitoring the blockchain space. They are the experts with navigating rules and regulations we must adhere to, and they provide Dignity Gold with critical expertise in realizing the opportunity that blockchain offers for transparency and security.
We’ve selected Impact Partners as our PR firm to manage media relations and strategic positioning, and Zebu is our social media content and marketing agency. Both groups are blockchain-focused and they bring a cutting edge perspective to sharing this exciting opportunity with our market through communication expertise that is second to none. In-house, our team is an exceptional group of professionals with many years of experience in finance, investments, banking and regulatory fields, and blockchain. Ira Glasser – head of our business development team – is an expert in natural resource assets including mining and metals. Ira’s relationships and experience have kept us miles ahead of any of our potential competition. If you go to our website dignitygold.com, you can see the rest of our vendors and our elite Board of Advisors.
Q. How will you handle the risk management when it comes to securing the transactions records?
Our token is an ERC 20 on the Ethereum platform. Dignity Gold’s DIGau token features something called positive control. If there is an issue with a transfer or exchange, we can freeze and/or replace lost or stolen tokens, making the token safe, secure and free from manipulation.
Q. What is the latest news of the firm?
Our native DIGau token has been listed on CryptoSX (as of February 11, 2022) and BitGlobal (as of February 23, 2022). BitGlobal is a Digital Assets Exchange (DEX) and full-scale digital financial ecosystem. CryptoSX is a DEX that is active across Asia-Pacific and offers a multi-faceted platform for security token offerings. We are also connecting with a favorite extracurricular activity: Dignity Gold has partnered with Team Stange to compete in the NASCAR Cup Series, which features one of the biggest names in racing, Brazilian Tarso Marques, who drives the #79 Ford Mustang for Team Stange Racing.
The visionary leading Dignity Gold
Steve Braverman brings to Dignity Gold more than 30 years of experience in securities trading and investment management. Steve traded securities at Clearview Trading Advisors, Inc. and managed a discretionary account for a California-based hedge fund where he demonstrated consistent profitability with low volatility.
Previous to Clearview, Mr. Braverman spent ten years at Knight Capital Group, Inc., serving as Managing Director of Listed Equity Trading.
Mr. Braverman was the founder and is a former Board of Directors Chairman of Liquid Holdings, a trading technology company most known for its order delivery system, Liquidity Book, an NYSE Partner.
“The DIGau token is a verified gold reserve-backed security token represented by a pledge of at least $6 billion in gold reserves in tailings and alluvial placer deposits.”