Got GARD to Spend? More and More Products Can be Bought with GARD

People are often wondering that what consensus is in blockchain industry.

Consensus is not a new concept. It exists for a long time. Consensus means that all people reach an agreement about one thing. Seashell, silver, and gold that once served as currency, are the outcomes of consensus. In the future, digital asset will play this role because of consensus.

Hashgard community has formed a consensus about GARD because Hashgard technology and community is recognized. Hashgard community has formed OTC transaction based on GARD and this consensus.

Currently, many community members start to engage in over-the-counter transaction in Hashgard community OTC group.

Many people must be wondering that transaction can be happened in the exchange. So why do we need over-the-counter transaction?

It’s not hard to figure out the reasons.

First, over-the-counter transaction can achieve turnover without impacting the price.

Second, the higher over-the-counter transaction efficiency is, the lower the transaction fee is and the more convenient transaction will be.

For example, A wants to buy 100 million GARD. If he buys these GARDs in exchange, the cost will be increased when the selling is not deep enough. He doesn’t have to worry about this in over-the-counter transaction.

Over the past ten years’ history of blockchain development, many good Tokens are acknowledged by community to transact and flow. The value of Token is therefore increased.

For example, on May 22, 2010, Laszlo Hanyecz bought 2 pizzas with 10,000 bitcoins. Later, bitcoins are widely used in various scenarios such as digital products, services, real properties and even airplanes. We can say that the real consensus on bitcoins was formed at this time thanks to OTC transaction and offline payment transaction.

Therefore, OTC transaction of GARD is significant for the application of Hashgard.

With the establishment of OTC group, we are now embracing the things that we didn’t imagine.

Members of Hashgard community have done other things with over-the-counter transaction.

For example, they buy yellow peach with GARD. 150,000 GARD can be used to buy 5 jin yellow peaches.

More and more products can be bought with GARD, such as honey, wine and tea.

And more and more people are participating in this lofty cause.

We sincerely hope that GARD can be used to buy many more products and we welcome more and more people do transaction with GARD in our community.

We believe that when GARD value system gets recognized by more and more people in the future, members of Hashgard community would recall what happened this year. We may set a “GARD Yellow Peach Day” in Hashgard community, just like “Bitcoin Pizza Day”.

We truly believe this day will arrive.

Before that, we will keep going for Hashgard.

Hashgard is a new generation of digital financial public chain led by Fenbushi Capital and BKFUND and invested by 80 well-known investment institutions. The public chain will create an open, high-expansion ecosystem, solve the pain points in the digital finance field through technological innovation and ecological construction, protect the assets and rights of investors, and promote the healthy development of the digital finance industry.

The Hashgard Technology Empowerment Platform is the first distributed commercial application on the public chain to provide enterprise-level services for a diverse blockchain ecosystem, including but not limited to digital asset management, securities tokens services, multi-party collaboration, and intelligence. One-stop solutions for contract deployment, community reward distribution, content & media promotion, and legal compliance.