GoldGramCoin®
The 21st Century Gold Standard!
GoldGram has introduced the 21st Century Gold Standard! GoldGramCoin®, or GGC, is a digital token intrinsically linked to physical allocated 99.99% gold bullion held in secure storage. It’s a medium of exchange, a unit of accounting and a store of value. Each GGC is embedded with a unique serial number or ID that identifies the exact location of the gold backing it, held in secure storage at the Gold Vault.
GoldGramCoin®
The 21st Century Gold Standard!
GoldGram has introduced the 21st Century Gold Standard! GoldGramCoin®, or GGC, is a digital token intrinsically linked to physical allocated 99.99% gold bullion held in secure storage. It’s a medium of exchange, a unit of accounting and a store of value. Each GGC is embedded with a unique serial number or ID that identifies the exact location of the gold backing it, held in secure storage at the Gold Vault.
GoldGramCoin®
Asset-Backed Token
Our GoldGramCoin® – or GGC – is creating a new asset class within the blockchain ecosystem. Unlike exchange-traded funds (ETFs) – GoldGramCoin® or GGC represents 100% direct ownership of 99.99% investment-grade, pure physical gold. The title is maintained by a cryptographically secure blockchain database that investors can utilize to verify ownership. The physical gold is securely stored in the Gold Vault and is fully deliverable upon request at any time. Gold ownership is verified using blockchain technology to ensure data accuracy and tracking.
100% Backed
100% backed by gold means that each GoldGramCoin® or GGC that is issued has 100% gold backing it or behind it. Another way to represent this is to say that it is 1:1 backed, or 1 GGC=1-gram of Fine Gold. The gold backing every GoldGramCoin® is held in a secure mint, and would normally never leave the mint unless the gold is physically redeemed by the owner of the GGC at their request.
99.99 Fine Gold
This refers to the purity of the gold, in this case it is 99.99% pure – the purest form of gold available – and is often referred to as Fine Gold. It is also known as 24 karat gold. Conversely, the standard London Bullion Market Association (LBMA) gold bar weighs around 400 troy ounces and has a minimum purity of 995.0 parts/thousand gold, being less pure at 99.50%. 22-karat gold refers to gold that is only 91.67% pure. The US Gold Eagle, for example, contains 91.67% gold, 3% silver, and 5.33% copper. The South African Krugerrand, contains 91.67% Gold and 8.33% copper.
A Medium of Exchange
A medium of exchange is an intermediary instrument or system used to facilitate the sale, purchase or trade of goods between parties. For a system to function as a medium of exchange, it must represent a standard of value. In modern economies, the medium of exchange is currency.
A Unit of Account
A unit of account is a term used in economics which defines a nominal monetary unit of measure or currency used to value/cost goods, services, assets, liabilities, income and expenses. It is one of three well-known functions of money. It lends meaning to profits, losses, liability or assets.
GoldGramCoin® – A Store of Value
A store of value is the function of an asset that can be saved, retrieved and exchanged at a later date, and it can be predictably useful when retrieved. More generally, a store of value is anything that retains purchasing power into the future. It is interesting to note that by this very definition, modern day fiat money does not offer a store in value, as over time, the buying power of fiat money diminishes in value. Therefore, by definition, fiat money does not fit the 3 basic criteria defining ‘money’.
GoldGramCoin®
Asset-Backed-Token
Our GoldGramCoin® – or GGC – is creating a new asset class within the blockchain ecosystem. Unlike exchange-traded funds (ETFs) – GoldGramCoin® or GGC represents 100% direct ownership of 99.99% investment-grade, pure physical gold. The title is maintained by a cryptographically secure blockchain database that investors can utilize to verify ownership. The physical gold is securely stored in the Gold Vault and is fully deliverable upon request at any time. Gold ownership is verified using blockchain technology to ensure data accuracy and tracking.
100% Backed
100% backed by gold means that each GoldGramCoin® or GGC that is issued has 100% gold backing it or behind it. Another way to represent this is to say that it is 1:1 backed, or 1 GGC=1-gram of Fine Gold. The gold backing every GoldGramCoin® is held in a secure mint, and would normally never leave the mint unless the gold is physically redeemed by the owner of the GGC at their request.
99.99 Fine Gold
This refers to the purity of the gold, in this case it is 99.99% pure – the purest form of gold available – and is often referred to as Fine Gold. It is also known as 24 karat gold. Conversely, the standard London Bullion Market Association (LBMA) gold bar weighs around 400 troy ounces and has a minimum purity of 995.0 parts/thousand gold, being less pure at 99.50%. 22-karat gold refers to gold that is only 91.67% pure. The US Gold Eagle, for example, contains 91.67% gold, 3% silver, and 5.33% copper. The South African Krugerrand, contains 91.67% Gold and 8.33% copper.
Medium of Exchange
A medium of exchange is an intermediary instrument or system used to facilitate the sale, purchase or trade of goods between parties. For a system to function as a medium of exchange, it must represent a standard of value. In modern economies, the medium of exchange is currency.
Unit of Accounting
A unit of account is a term used in economics which defines a nominal monetary unit of measure or currency used to value/cost goods, services, assets, liabilities, income and expenses. It is one of three well-known functions of money. It lends meaning to profits, losses, liability or assets.
GoldGramCoin® – A Store of Value
A store of value is the function of an asset that can be saved, retrieved and exchanged at a later date, and it can be predictably useful when retrieved. More generally, a store of value is anything that retains purchasing power into the future. It is interesting to note that by this very definition, modern day fiat money does not offer a store in value, as over time, the buying power of fiat money diminishes in value. Therefore, by definition, fiat money does not fit the 3 basic criteria defining ‘money’.
Our global ALLIANCES
We feel honored working together with some of the best companies regarding our core-business GOLD! Establishing a strong and reliable relationship within our strategic alliances is one of our primary goals.
GGC is the easiest way
to own physical Gold
GoldGram operates a proprietary and fully automated, blockchain-based platform, capable of transferring GGC order information expeditiously and securely, following stringent protocols to ensure accuracy in processing all transactions. Customers remain informed throughout the process, with chain of custody tracking.
GGC is the easiest way
to own physical Gold
GoldGram operates a proprietary and fully automated, blockchain-based platform, capable of transferring GGC order information expeditiously and securely, following stringent protocols to ensure accuracy in processing all transactions. Customers remain informed throughout the process, with chain of custody tracking.
Sign up
Sign up at GoldGramCoin®! Be one of the first to get access when we release the platform and get instant and up-to-date news on all our latest announcements.