Gold DAO operates as a decentralized autonomous organization that merges the age-old value of gold with the advancements of blockchain, specifically through the Internet Computer Protocol (ICP). It uses GLD NFTs to represent ownership of actual, premium-grade gold bars kept in Switzerland, facilitating transparent, secure, and easily transferable ownership of physical gold. These GLD NFTs, created using the ORIGYN protocol (https://www.origyn.com/), undergo triple audits by KPMG to ensure maximum transparency and trustworthiness. As a community-governed SNS-DAO on the Internet Computer Protocol (https://internetcomputer.org/sns/faq), Gold DAO empowers its members to make decisions through GLDGov tokens, allowing for decentralized governance. This approach eliminates the need for traditional financial intermediaries, making gold investment accessible to anyone around the world, democratizing it beyond geographical limitations.
How many GLDGOV coins are there in circulation?
The total number of GLDGov tokens available is 1 billion, distributed as follows:
- SNS Contributors (20%): 200 million, with immediate access, spread over 9 installments with delays ranging from 0 to 24 months.
- Founding Team (18%): 180 million distributed across 9 installments, each with a 3-month delay.
- Treasury (62%): 620 million set aside for future purposes.
Who are the founders of Gold DAO?
Gold DAO was established by DAO.Link (https://dao.link/), a Swiss-based enterprise that creates and supports DAOs. Over time, Gold DAO shifted to community governance through an SNS-DAO on the Internet Computer Protocol (ICP), enabling GLDGov token holders to guide its development. The initiative strongly focuses on decentralization and community-led governance. A proposal was voted on by the DAO to delegate control over project development and day-to-day activities to the team at DAO.Link.
Where can I buy GLDGOV?
You can purchase GLDGOV on the following platforms:
- ICPSwap (https://app.icpswap.com/)
- IC Lighthouse (https://iclight.io/ICDex/GLDGov/ICP)
- Sonic (https://app.sonic.ooo/swap)
What is GLDGOV?
GLDGov serves as the governance token within the Gold DAO ecosystem on the Internet Computer Protocol (ICP). It provides holders with the ability to vote and engage in decision-making processes that shape the project's future. This aligns with decentralized finance (DeFi) principles, ensuring that governance is driven by the community.
Who are the founders of GLDGOV?
GLDGov and Gold DAO originated from DAO.Link. They moved to a community governance model using an SNS on the ICP (more details at: https://internetcomputer.org/sns/faq), where GLDGov tokens were issued, signifying a shift towards a model driven by the community. Learn more about the SNS launch here: https://nns.ic0.app/project/?project=tw2vt-hqaaa-aaaaq-aab6a-cai.
What makes GLDGOV unique?
GLDGov stands out for its role in a DAO that democratizes the liquidity of physical gold, utilizing the Internet Computer Protocol (ICP) for a decentralized governance framework. Token holders play a role in decision-making, supported by high-quality gold that is stored securely in Switzerland, ensuring both transparency and protection. Additionally, those who participate in the governance process receive rewards, merging the stability of traditional assets with the innovation of blockchain, and encouraging active community participation.
How is the GLDGOV network secured?
The security of GLDGov is built upon the foundation of the Internet Computer Protocol (ICP), which employs sophisticated cryptographic techniques, a decentralized node framework, and governance to shield against potential threats. Utilizing ICP's security capabilities such as chain key technology and neuron-based governance, GLDGov maintains network integrity and decentralized control within the Gold DAO ecosystem.
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