EXGold is a digital secure way to buy and hold gold. Acquiring gold digitally is not a lot different than the way most people buy and hold gold value today. Where most have a paper showing the amount of gold they hold, EXGold has digitized the process as well as made it more secure. EXGold has been created to always be worth 1 gram of gold. As it will be tradeable by the gold mine(s) directly, the value of EXGold will not change 1 EXGold token = 1 gram of gold. Gold itself does fluctuate in value, but EXGold will always be exchangeable for 1 gram of gold and or its value.
Stablecoins are a type of cryptocurrency that aim to deliver price stability by having their value pegged to another asset.
Most commonly, these coins are backed by a
currency such as the US dollar, which means $1 is kept in reserve for every unit of a stablecoin in circulation.
Stablecoins can also be pegged to cryptocurrencies and precious metals like gold.
Running on the Ethereum blockchain EXG is globally transferable. It is also provably scarce With a fixed max supply of 5 million tokens that can never be increased.
NFT token locking system in programmable smart contract. Creating fair incentive structure
Will accept 1 EXG as payment for 1 gram of gold.
Project progress over time.
Exgold has partnered with a Peruvian mine . That will accept EXG at a set rate of 1 EXG for 1 gram of Gold.
The creation of EXG token started.
Audit of ERC-20 token. Audit report will be made publicly available in the future.
EXG token is now an ERC-20 token live on Ethereum Mainnet. You can find the contract on Etherscan here.
The token will soon be tradable on UniSwap giving it global liquidity.
We will soon be making available NFT's that will at a future date allow you to be rewarded in EXG for locking it up. Most of the supply with be locked up in a rewards smart contract that will only reward tokens to holders of these NFT's.