MnI is a multi-faceted tradable Utility Token giving the community a true Decentralized Finance Principled experience that brings “real world” commercial businesses with land-backed assets within reach of the crypto sphere for everyone to access institutional-like participation, interaction and direction within a multi trillion dollar industry.

Giving you not only access but also directional control of the entity through a Decentralized Autonomous Organization. Global expansion using Governance oversight with a DAO and unique smart contract.

Staking starts on 15 or 17 March 2023

Telegram: t.me/MnICorp

According to the  price chart of Gold, we can clearly see that the price had been reduced from last March to November in 2022. However, the price of the Gold got Started to soar from the November 2022. According to the experts in this field they say that "This trend has been going on for the past 13 consecutive years, but recently the pace has accelerated.”  Furthermore the experts explain the reasons for the price increasing to be happened in this year.

The main reason is Main Countries have been increasing their gold reserves in recent years as a way to diversify their foreign exchange holdings and reduce reliance on the U.S. dollar. In addition

rebound in jewelry demand, the Federal Reserve’s eventual pivot, the escalation of the Ukraine-Russia war , a weaker U.S. dollar, a limited new mine supply, and the possibility of China invading Taiwan.Due to these reasons GOLD will be skyrocketed in this year.

If you are interested in gold in blockchain market, following are some gold-backed crypto currencies.

(This is not a Financial Advice DYOR before investing for the followings)

1. PAXG (PAXO GOLD) https://paxos.com/paxgold/

2. BXG ( BITXGOLD ) https://bitx.gold/

3. GLC ( GOLDCOIN )

https://goldcoin.com/

4. PMGT

https://pmgt.io/

5. XAUT (Teather Gold)

https://bitx.gold/

Source : https://news.bitcoin.com/gold-prices-expected-to-soar-in-2023-experts-predict-record-highs-for-precious-metal/

Crypto-backed investment funds saw capital outflows last week, while bearish sentiment also drove speculators into short bitcoin (BTC) funds as worries spread about potentially higher interest rates in the US.

The outflows from crypto investment funds last week marked the third consecutive week of outflows from the sector, which acts as a proxy for traditional investor’s appetite for digital assets. Many of these either can’t or won’t hold crypto directly, and therefore prefers to trade listed funds that are backed by digital assets.

The total outflows for the week came in at $1.9m, crypto research and investment firm CoinShares wrote in its latest report on crypto fund flows.

The latest figure compared to outflows of $32m the week before, which marked the biggest weekly outflows so far in 2023. The large outflows that week was attributed partly to an aggressive ongoing regulatory crackdown on crypto in the US.

Some of the non-fungible tokens (NFTs) once held by bankrupt Singaporean crypto hedge fund Three Arrows Capital (3AC) will be put up for sale as part of efforts to retrieve funds for its creditors, according to the failed company’s liquidators.

Christopher Farmer, a senior managing director at consultancy Teneo, said in a statement that “the Joint Liquidators intend to take steps to commence the sale of certain Non-Fungible Tokens … in their possession and control and which are beneficially owned and belonging to the Company”.

“The purpose of the Sale is to realise the value of the NFTs for the purposes of the liquidation. The necessary steps are expected to commence within 28 days of this notice and in any event, after 23 March 2023,” according to Farmer.

For the avoidance of doubt, the joint liquidator added that the forthcoming NFT will not be related to the list of tokens “informally referred to as the 'Starry Night Portfolio' which is presently subject to an application before the Eastern Caribbean Supreme Court in the High Court of Justice in the British Virgin Islands”.

In June 2022, Teneo was appointed by a British Virgin Islands court to serve as the collapsed crypto hedge fund’s liquidator. 3AC is said to owe more than USD 3.5bn in unsecured claims to its creditors

Meanwhile, earlier this month, Su Zhu and Kyle Davies, 3AC’s two founders, kicked off a new platform for trading in crypto-related bankruptcy claims. The new trading venture, named Open Exchange, has already opened its waitlist for interested users who want to put their claims up for sale, as announced by Su Zhu, who is the former CEO of the bankrupt crypto hedge fund.

2023 has undoubtedly seen an increase in the discourse surrounding cryptocurrency regulation. Specifically, it has seen regulatory agencies in the US combat growing concerns over securities fraud, and other regulatory bodyworks to better define regulation.

Now, the UK banking regulator — the Prudential Regulatory Authority — is set to implement new rules for holding and issuing crypto. The development was part of a speech given by Bank of England executive director of Prudential Policy, Vicky Sporta.

Specifically, the speech notes that the country is set to solidify its regulatory expectations for crypto, stablecoins, and other digital assets. Additionally, Coindesk notes that “Once the Financial Services and Markets Bill becomes law, authorities will have powers to regulate the sector.”

The UK government is currently still in the consultation aspect of its regulatory approach to the industry. Conversely, Sporta’s speech notes that new rules for the industry are incoming. Conclusively, the footnotes of the speech note that PRA-regulated entities will be subject to the same rules governing other sectors.

They remove the transport inconveniences, illiquidity, transferability, and volatility related to dealing with physical gold.

1) Tether Gold (XAUT)

They deliver physical gold bars to any address in Switzerland.

https://gold.tether.to/

2) Paxos Gold (PAXG)

Each Pax Gold (PAXG) token is backed by one fine troy ounce of gold, stored in LBMA vaults in London.

https://paxos.com/paxgold/

3) BITXGOLD

Each BITXGOLD TOKEN is 100% backed by physical gold stored in secure vault. They guarantee BITXGOLD TOKEN’s liquidity. This company is registered in Dubai United Arab Emirates. ("Ace Stock Commercial brokers CO.LLC" with a full finance and stock brokerage license)

https://bitx.gold/

4) Gold Coin (GLC)

All of their gold holdings are fully audited for transparency and can be viewed at any time online.

https://goldcoin.com/

5) Perth Mint Gold Token (PMGT)

Every PMGT is a tokenised version of a GoldPass certificate, which are 100% backed by physical gold stored in The Perth Mint's central bank grade vaults.

https://pmgt.io/