What are your thoughts on gold backed crypto?


#1

With the current condition the market is in, I think most people run to safer investments like precious metals. Currently looking at Pecunio, a cryptocurrency backed by gold which seems pretty solid to me. Gives it greater stability and trust to invest in it. They were also recently invited to Nasdaq for an interview, so I think this gives it a bit more credibility. Has anyone taken a look at it or invested in any gold backed crypto? What are your thoughts on the concept of gold backed crypto? On the verge of investing but want further insight.