GoldPesa transforms gold into an income-generating asset class that trades at a premium.
GoldPesa is launching a gold-backed token that trades at a premium and safely generates wealth for token holders. Every GoldPesa token (“GPX”) is backed by 1 gram of gold saved in a safe vault whereas not being a secure coin.
Over time, gold has earned a status as inflation hedge. However, proudly owning gold as an asset class doesn’t generate any yield. In actual fact, storing gold securely truly prices cash. GoldPesa is fixing this downside with an asset that has handed the check of time and might survive inflation, mixed with an clever quantitative buying and selling technique that’s usually solely obtainable to the highest 1%.
“GoldPesa was born out of my 8 years expertise within the treasured metals sector mixed with over 20 years expertise in quantitative science and engineering,” says GoldPesa founder Shamik Raja. “With GoldPesa, we’ve developed a token that has the traits of a DeFi gold-backed structured product.”
GoldPesa token runs on distinctive tokenomics designed to generate wealth for token holders. The price of a newly minted GPX token is the spot value of gold + 1%. This 1% charge is collected through the minting course of and any time the GPX token is transferred. Half of the 1% charge is then put right into a proprietary clever buying and selling technique referred to as the PAWN. Earnings generated by the PAWN are used to purchase again and burn the GPX token from the market. On this means, GoldPesa each creates demand and reduces the provision of GPX tokens on the similar time. This ends in the GPX value floating away from the spot value of gold and buying and selling at a premium.
The PAWN buyback and burn characteristic drives the GPX token value larger which naturally creates volatility. As well as, by broadcasting the PAWN outcomes on the web site, GoldPesa creates transparency that ends in further volatility. Since individuals have a tendency to purchase and promote risky tokens extra, this volatility ends in extra 1% charges added to the capital base for the PAWN. This ends in more and more bigger buybacks with rising volatility because the cycle continues creating great worth for token holders.
With a purpose to reserve a newly minted GPX token subsequent yr on the spot value of gold + 1%, one should buy a GoldPesa Possibility (“GPO”) token as we speak. GPO is an ERC20-compliant token constructed on the Ethereum blockchain and is a cryptocurrency in itself, whereby the intrinsic worth is intently correlated to the worth of GPX. This successfully makes GPO an unique name possibility with a shifting strike value.
GoldPesa’s mission is evident: turning gold right into a value-generating asset class whereas taking advantage of the blockchain’s decentralized construction, belief, pace and traceability. Inside 10 days of launching their GPO presale, GoldPesa bought roughly 5 million GPO tokens attracting over 149 token holders.
About GoldPesa
GoldPesa is a model owned and operated by Trilogy Treasured Metals DMCC, a well-established gold buying and selling firm holding a treasured metals license within the UAE since 2013. With workplaces in London and Dubai, GoldPesa has assembled a multidisciplinary staff with specialists in engineering, quantitative science, finance in addition to gross sales, advertising, and social media.
Social Hyperlinks
Telegram: https://t.me/GoldPesaOfficial
Fb: https://www.fb.com/GoldPesaOfficial
Instagram: https://www.instagram.com/gold.pesa/
Twitter: https://twitter.com/Gold_Pesa
Media Contact
Firm identify: GoldPesa
Web site: https://goldpesa.com/
Media Contact: Heroies Havewalla, Advertising and marketing
E mail: [email protected]
SOURCE: GoldPesa
Disclaimer: It is a paid put up and shouldn’t be handled as information/recommendation.
