Midas (TMTG)

The Midas Touch Gold, known as TMTG, was launched in June 2020 by Digital Gold Exchange, known as DGE, a South Korean blockchain developer, as part of a gold-pegged cryptocurrency system. The Midas Touch Gold coin has two primary capabilities: as an ERC-20 token, it can be traded on Ethereum based exchanges, but it can also be exchanged for another DGE issued asset, MDG, which is hard-pegged to one gram of gold.

Midas (TMTG) To USD | TMTG Conversion Calculator

What is Midas (TMTG)?

Designed to be the bridge between cryptocurrencies and physical assets, DGE has announced that alongside gold, The Midas Touch Gold token will be exchangeable for a variety of other real world assets including platinum, diamonds, and even luxury goods like watches. Another facet of the DGE system is connecting blockchain and biotechnology companies for medical advancement.  

Midas (TMTG) Ticker Chart

About Midas (TMTG)

Other potential use-cases for blockchain technology have been opened up by The Midas Touch Gold and DGE. Their platform aims to combine the benefits of blockchain technology, i.e. security, convenience, traditional value storage, and hedging functions, to reconceptualize value storage. The founders of The Midas Touch Gold hope to open a new direction of value storage and promote the mass adoption of cryptocurrency.