Facts about GGC
you might want to know!

Facts about GGC
you might want to know!

GoldGramCoin®
Asset-Backed Token

The issue of price stability has long been a concern with most digital currencies. Day-to-day price fluctuations, as well as frequent spikes and crashes, made using these currencies in everyday transactions challenging.

The above gave rise to the Asset-Backed Token, which has two major advantages: a lack of volatility and a certain measure of trust. Asset-Backed Tokens are “digital currencies designed to maintain a stable value,” whose value is generally pegged to a commodity or currency.

Gold is the oldest form of money. Used for millennia it has proven a hedge against inflation and a preservation of wealth. In Roman times, a good toga cost 1 gold coin the equivalent of 1-ounce of gold. Today a good suit can cost $1,300 or the equivalent of 1-ounce of gold.

Conversely 100 years ago, a good pair of shoes cost $1. Today a good pair of shoes will cost at least $100 if not more.

GoldGramCoin®
Asset-Backed Token

The issue of price stability has long been a concern with most digital currencies. Day-to-day price fluctuations, as well as frequent spikes and crashes, made using these currencies in everyday transactions challenging.

The above gave rise to the Asset-Backed Token, which has two major advantages: a lack of volatility and a certain measure of trust. Asset-Backed Tokens are “digital currencies designed to maintain a stable value,” whose value is generally pegged to a commodity or currency.

Gold is the oldest form of money. Used for millennia it has proven a hedge against inflation and a preservation of wealth. In Roman times, a good toga cost 1 gold coin the equivalent of 1-ounce of gold. Today a good suit can cost $1,300 or the equivalent of 1-ounce of gold.

Conversely 100 years ago, a good pair of shoes cost $1. Today a good pair of shoes will cost at least $100 if not more.

Why Gold Backed

      1. Hedge against inflation and erosion of wealth
      2. Trusted commodity
      3. Low volatility
      4. Ideal for quick inter-digital currency trading
      5. Transparent, ‘live’ real-time pricing
      6. Fast settlement – 1-click buy and sell
      7. Highly liquid – deep global liquidity markets
      8. Benefits of a digital currency with the historical stability of gold

Why Gold Backed

      1. Hedge against inflation and erosion of wealth
      2. Trusted commodity
      3. Low volatility
      4. Ideal for quick inter-digital currency trading
      5. Transparent, ‘live’ real-time pricing
      6. Fast settlement – 1-click buy and sell
      7. Highly liquid – deep global liquidity markets
      8. Benefits of a digital currency with the historical stability of gold

GGC Video

GGC is intrinsically
linked to physical GOLD

GoldGram Pte. Ltd. is a FinTech company, incorporated in Singapore, that has digitized ownership of physical allocated Gold by issuing an asset-backed token called GoldGramCoin® or GGC. It is an ERC-20 token, a widely spread format, and the value of each GGC equals 1-gram of 99.99% allocated Fine Gold which is held in a secure vault storage.

Built using a proprietary blockchain technology on a combination of cross-chain Ethereum and Hyperledger: Hyperledger allows us to store vast amounts of information pertaining to GoldGramCoin® while Ethereum is used to create a Smart contract that has automated ‘live’ feed prices of Gold, FX rates and the five major digital token prices.

Our system is capable of processing several thousand transactions per second, permitting GGC to be purchased 24/7 via a secure automated smart contract with a live-feed gold price and FX rate, in case of buying in a non-USD currency, at time of buying.

GGC are simultaneously issued and paid for in fiat currency, at the live price of gold at the time of purchase, ensuring transparent, real-time and competitive pricing. 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 a Sovereign Mint. So each GGC is inextricably linked 1:1 to physical, redeemable, allocated 99.99 % Fine Gold.

GGC enable holders to own and redeem physical Gold affordably and efficiently, benefiting from the underlying intrinsic value of Gold, and to spend GGC in small amounts, in fractions of up to 4 decimals places, or less than US$0.01. Title to the underlying Gold is held by the holder of the GGC benefitting from a highly liquid – highly scalable – transparent and ‘live’ real-time pricing.

Buy the world’s oldest currency, Gold, using the world’s newest Digital currency, in 1-click.

GoldGramCoin®100 % Direct
Ownership

Investors have complete ownership over their gold holdings and can request physical delivery in a variety of forms at any time. At time of buying, each GoldGramCoin® or GGC is embedded with the transaction information corresponding to the allocated ledger information held by the Gold Vault.

GoldGramCoin®Outturn Products
in 99.99% Fine Gold

GoldGramCoin® offers users the ability to buy gold in as little as 1-gram increments or amounts at the live gram spot price. Whether buying 1-gram or 1 million grams of gold, in 1-click, you are assured of the live ‘real-time’, transparent and competitive 99.99% fine gold spot price.

GoldGramCoin®Living Will
Policy

We take ownership or title of the physical gold backing each GoldGramCoin® or GGC very seriously, and are therefore one of the few companies to put in place a clearly defined ‘living will’ policy of what happens in the unlikely event that GoldGram goes bankrupt or ceases to exist for any reason.

GoldGramCoin®Thousands of Transactions
per Second

Goldgram uses a hybrid blockchain platform enabling us to process over 5000 fully automated transactions per second.

GoldGramCoin®100 % Direct
Ownership

Investors have complete ownership over their gold holdings and can request physical delivery in a variety of forms at any time. At time of buying, each GoldGramCoin® or GGC is embedded with the transaction information corresponding to the allocated ledger information held by the Gold Vault.

GoldGramCoin®Outturn Products
in 99.99% Fine Gold

GoldGramCoin® offers users the ability to buy gold in as little as 1-gram increments or amounts at the live gram spot price. Whether buying 1-gram or 1 million grams of gold, in 1-click, you are assured of the live ‘real-time’, transparent and competitive 99.99% fine gold spot price.

GoldGramCoin®Living Will Policy

We take ownership or title of the physical gold backing each GoldGramCoin® or GGC very seriously, and are therefore one of the few companies to put in place a clearly defined ‘living will’ policy of what happens in the unlikely event that GoldGram goes bankrupt or ceases to exist for any reason.

GoldGramCoin®Thousands of Transactions
per Second

Goldgram uses a hybrid blockchain platform enabling us to process over 5000 fully automated transactions per second.

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