Altcoins Talks - Cryptocurrency Forum
Learning & News => Announcements [ANN] => Topic started by: 0xAbhi on December 16, 2021, 12:49:57 PM
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🏆 What is GoldPesa? GoldPesa is a unique gold-backed, value generating digital currency. Each $GPX token is backed by one gram of Dubai Good Delivery gold, stored in a secure vault. $GPX uses the PAWN, an intelligent algorithm, which turns physical gold into a value generating asset class. Tokens can be initially bought in the form of an option, $GPO, and later exercised to redeem value-generating $GPX tokens.
⭐GoldPesa’s Secret Weapon - The PAWN. GoldPesa invests 50% of all fees in a brokerage account managed by the PAWN, a proprietary and highly intelligent trading algorithm. Profits generated by the PAWN are used to buyback $GPX tokens from the market, rewarding holders by generating a constant demand for $GPX. This allows the $GPX token to trade above and beyond the spot price of gold, as its intrinsic value benefits from profits generated by the PAWN.
🥇 Easily Transferable Built as an ERC-20 token on the Ethereum blockchain, GoldPesa can be easily moved or traded, without the burden of transporting physical gold. GoldPesa allows for physical gold to be enhanced through the blockchain, improving utility, efficiency and convenience for holders.
📢 Why you should be bullish on GoldPesa:
📈Trusted: a top ranking auditor regularly confirms every $GPX is backed by 1 gram of pure, 0.995 physical gold. 🏆
📈Redeemable: $GPX gold can be redeemed for physical gold, delivered to your door at the click of a button. Redeemed tokens are burnt! 🔥
📈Liquid: easily convert or redeem $GPX for fiat on the GoldPesa.com website. 💧