$GOLD token
Mint Address: [ coming soon ]
Our belief
The primary job of the token is to do what Bitcoin has done. “Number go up”.
We treat the token like a community product that needs to perform. We deliberately engineer it to have “up only” game theory, benefiting everyone who holds.
There is a correct way to think about this. Do you understand why Bitcoin will go up over time? Its not because some company behind it is producing good and services to generate revenue. Its because of how currencies are structures globally. That leads to a an obvious game theoretic conclusion. Its the same with $GOLD - It goes up, not because of the efforts of 1 company, but because it is a system engineered to amplify the efforts of all those who participate. This shift in approach helps make it legally viable, while still allowing to show that “Number go up” can be expected mathematically( but not legally).
We believe, that with the right set of technologies, influence, and sequence of events, it's possible to create a new community asset class with “Number go up” dynamics.
Why “GOLD”?
A combination of unique properties like - as a metal lending to certain use cases, scarcity, broad consensus on beauty, and memetic desirability, made physical gold a store of value asset across geographies and time. It is an immediately recognizable brand as something to desire, acquire and hold across generations, whether it's your grandma with her jewelry or a kid playing online games.
It also plays well with the “Pirates searching for Gold” narrative. Easy to get the message across on social media without any IP infringement.
$GOLD is inspired by all those elements.
Tokenomics
We believe the reason why most tokens don’t do well and have “down only” charts is because of they are mathematically structured to begin with. They carve up the pie into 10 pieces - VC, KOL, Team, Advisors, etc all of whom are doing it as day jobs looking for “ROI”. A community token in web3 needs a completely different approach. Funny enough, ROI happens not because some company promises it, but with mathematics, engineering and organic growth when you least expect it.
This is one of the most important pieces, and we are keeping it super simple.
❌ No VC allocation
❌ No KOL allocation
❌ No team allocation
❌ No advisor allocation
✅ 100% goes to the community. More details coming soon.
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