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Gold is one of the oldest and most stable assets people around
the world have been trading with for centuries.
The reasons for gold’s importance in the modern economy centres on the fact that it has successfully preserved wealth and purchasing power throughout many generations. The same, however, cannot be said about paper-denominated currencies.
Introducing GoldGo, an asset-backed cryptocurrency, enabled by blockchain technology. It combines the best of both worlds – the efficiency of modern technology coupled with one of the oldest and most stable asset classes.
WHY
Gold
Is One Of The Oldest And Most Stable Assets People Around The World Have Been Trading With For Centuries.
or thousands of years, gold’s intrinsic value has been recognised by multiple societies worldwide. Gold is seen as a diversifying investment and commonly used as a hedging tool. Regardless of whether a declining U.S. dollar credibility, political tensions or financial depression, gold is generally seen as a constant value, thus investors typically look at gold as a safe form of investment during times of political and economic uncertainty, and protection against inflation – thereby earning it the name of a ‘safe haven’ asset. In addition to the ‘safe haven’ asset, one of the main reasons that gold continues to be held in many investment portfolios at all times is because gold is a natural hedge against all kinds of uncertainties.
Gold-Backed Utility Token
A digital currency that is backed by gold. 1 GOGO is equivalent to the value of 1 gram of gold (Thailand 965 standard). It is 96.5% pure gold, or also known as 23K Gold. Each GOGO is backed by actual, physical gold held in the vaults of our partner goldsmiths. By digitizing the process of recording, buying and selling gold with blockchain technology, gold-backed cryptocurrencies can radically transform the gold market in Thailand.
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Why invest with
Transparency for gold buyer, distributors, and investors
Secure and Transparent Ownership on distributed ledger technology for gold buyers
Goldgo Protocol (GoldPro) built on Ethereum Technology
Directly linked to physical gold assets
No Storage Requirements
Less Investment Capital needed, minimum at just 0.0000000001g
Gold supply verified by a network of 3rd party custodians and governed by smart contracts
Utility Token pegged to stable price of gold
main.Group 7412
what can you do with
For thousands of years, gold’s intrinsic value has been recognised by multiple societies worldwide. Gold is seen as a diversifying investmentand commonly used as a hedging tool. Regardless of whether a decliningU.S. dollar, tensions in the Middle East or T
Transfer
Anyone, Anywere.
Gold-On-the-Go:
Buy. Send. Redeem
Asset Security
Transaction Fee
Costs needed to maintain blockchain integrity
Custodian Fee per annum
Storage and Security costs for gold in the vault (will implement in 2022 onward)
Holding Fees
At ECG, we put your assets’ safety as our priority. A portion of GOGO Tokens will be taken as fees, essential to upkeep the health and security the GoldPro. For convenience and transparency, pre-programmed smart contracts will automatically process the fees.
KYC & AML
In order to buy Gold Tokens, buyers must meet strict rules with Know Your Customer (KYC) and Anti Money Laundering (AML) rules set by Gold Token. We adhere to the utmost standards and laws in our jurisdiction, and will conduct stringent ID checks on all potential investors. The GoldGo App has a sophisticated KYC verification system which allows smooth and secure upload of documents needed to efficiently verify users’ credentials.