Formerly hosted on the Ethereum blockchain, IP Gold has now successfully migrated to NEM, and the team is now looking to organize a 24-hour sale on July 3, 2018, to mark its frictionless migration.

At current, there are more than 1,600 distributed applications on the Ethereum blockchain. This massive load is straining the system and often making transactions on the underlying DApps slow.

In a bid to overcome this limitation, the IP Gold team decided to move to the NEM blockchain that is more scalable, offering a vast array of enterprise features.

The CIO at IP Gold, David Grieshaber reiterated that:

“The proven scalability, support, and security of the NEM blockchain offers the most future-proof platform for the IPG token and IP Gold community. NEM’s peer-to-peer architecture, proof of importance (POI) algorithm, encryption and multisig account support made it the obvious choice for IP Gold’s long-term goals.”

IP Gold is a blockchain-based crypto assets management firm. It employs smart contracts in its operations, to manage transactions.

On July 3, 2018, the platform will organize a 24-hour presale of its IP Gold token. Participants will get 50 percent bonus. The Crowdsale will hold on July 11, 2018.

IP Gold helps users in diversifying their digital assets, protect their digital assets against adverse market volatility and foster asset growth using smart contracts, blockchain technology, and artificial intelligence.

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