Zambesigold ZGDPrice $ 0.116

Zambesi Gold (Pty) Ltd is a mining company specialising in the acquisition and development of selected mining assets. This thriving business is backed by real gold, real people and real mining operations combined with real value. 

Zambesi Gold signifies an agreement between the Zambesi Token and its investors that no fractional lending will take place. The number of tokens will be fixed, preventing inflation, therefore a token’s value will increase irrespective of the demand for the token or of the gold price. The amount of gold backing for each token adds a corresponding monthly increase. The Zambesi Token, just like real gold is perfectly divisible, with historic and inherent value projected for the future. Similar to gold, the immutability of blockchain and the implementation of smart contracts, ensure your ownership securely and transparently. The Zambesi Gold standard is a monetary system backed by the value of physical gold.  Liquidity will be provided through an exchange mechanism that will allow a token holder  to redeem his proportionate ownership of the gold held in the trust. 

The redeemed tokens will be burned (removed from circulation), creating more value for the remaining token holders.