Gold and Bitcoin have a lot of similarities but many differences as well. One could argue that they represent two different sides of the same philosophical coin.
Gold has been historically viewed as a safe-haven asset, with its value holding up during economic uncertainty and inflation. However, holding gold as an investment in traditional forms can be expensive and inconvenient since it is difficult to trade and store.
Like gold, Bitcoin is meant to act as a hedge against inflation, but in a digital form. In fact, Bitcoin is often called “digital gold” as it is designed to store value in a decentralized and trustless manner. However, cryptocurrencies can be volatile, which can make it difficult for investors to know when and how to trade.
The HedgeUp Solution
Using blockchain technology, HedgeUp allows users to purchase alternative assets that appreciate in value as they age, such as luxury watches, with the added security and convenience of a digital asset.
As Gold and other physical assets are difficult to store and transport, HedgeUp mints NFTs represent asset ownership. It allows users to securely store and trade their investments and diversify into various asset classes with minimal effort.
NFTs also allow for fractionalization, so users can purchase smaller portions of an asset to suit their budget. It makes investing in luxury assets much more accessible than previously, allowing even the most novice investors to benefit from diversification and hedging against risk.
All physical assets are stored in secure, licensed, and insured vaults. If investors up their stake and buy the total NFT/asset, they can receive the delivery at their home address for added convenience.
Unlike purchasing Bitcoin and other cryptocurrencies, using HedgeUp gives investors the peace of mind that a physical asset backs their investments. Plus, many of these assets are known for increasing in value over time, making them ideal for long-term investors.
According to recent estimates, the total value of all alternative investments is expected to soar to a staggering $17.2 trillion by 2025. HedgeUp is well-positioned to benefit from this growth by providing investors with an innovative and secure way of investing in luxury goods and other alternative assets.
But how much can you earn from the alternative investments on HedgeUp?
HedgeUp offers a ‘basket’ product of alternative investments, which includes luxury watches, fine art, and collectibles. The basket has a projected return of 28-36% p.a., with the potential to earn more in a single year.
Investors can also choose to purchase individual assets, allowing for more control over their portfolio and enabling them to spread risk between different asset classes.
The $HDUP Token
Like all good decentralized protocols, HedgeUp has its native token — $HDUP. This token is used to facilitate transactions on the platform and can be staked for additional rewards.
But the utility of $HDUP doesn’t stop there. Investors can also use $HDUP to get priority access to exclusive luxury watches, jewelry, and more. Oh, and holding $HDUP is the only way to access the online lessons that dive into advanced investment strategies for alternative assets.
This exciting new token is set for presale release on December 19th, 2022. There will only be a limited number of $HDUP tokens available, so getting in quickly is essential for those looking to maximize their rewards.
For more information on Hedge UP click the links below:
Website – https://hedgeup.io
Telegram – https://t.me/HedgeUpOfficial
Twitter – https://twitter.com/HedgeUpOfficial
Facebook – https://www.facebook.com/HedgeUpOfficial
Tiktok – http://www.tiktok.com/@hedgeupofficial
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.