1 Watchlists
GGC Price
Contracts/Explorers:
Ethereum
Funds and Backers
No funds found yet
Wallets
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The coin is pegged to 1 gram of investment grade gold
A 1-gram physical gold baked token minted with legitimate proof of asset by a bullet-proof process. Every single GGC is issued out of gold already purchased and held by a gold vault instead of crowdfunding from ideas and plans. We call our process “ICC”, initial coin circulation instead of an ICO.
GGC aims to be used as a base currency quoted against all major cryptos with tight bid/ offer due to its stability and zero correlations with other major cryptos. GGC with its gold-back proof-of-asset solidly supports a floor price of gold value which is stable and transparent. Gold’s historical volatility is 9.2% as compared with Dow’s volatility at 15%, MSCI World Index’s volatility at 15.5% and USD Value Index’s volatility at 8.8%. Gold also has a negative correlation with Bitcoin (-16%), Ethereum (-21%) and USDT (-77%).
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