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GOLDAO Stock

GOLDAO

GOLDAO

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GOLDAO Whitepaper

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LBankGOLDAO/USDT0.020036,862.90cex14/8/2025, 6:35 AM
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GOLDAO FAQ

What is GOLDAO?

Gold DAO is a decentralized autonomous organization (DAO) that integrates the traditional value of gold with blockchain technology, specifically utilizing the Internet Computer Protocol (ICP). It employs GLD NFTs to tokenize authentic, high-quality gold bars stored in Switzerland, ensuring transparent, secure, and easily transferable ownership of physical gold. These GLD NFTs, developed on the ORIGYN protocol (https://www.origyn.com/), undergo triple audits by KPMG to ensure maximum transparency and reliability. As an SNS-DAO on the Internet Computer Protocol (ICP) (see https://internetcomputer.org/sns/faq), Gold DAO is governed by its community through GLDGov tokens, enabling decentralized decision-making. This structure eliminates traditional financial intermediaries, making global gold investment accessible and democratized, free from geographic restrictions.

What is the current circulation supply of GLDGOV coins?

The total supply of GLDGov tokens amounts to 1 billion. The distribution is as follows: - SNS Contributors (20%): 200 million tokens, distributed immediately over 9 installments with delays ranging from 0 to 24 months. - Founding Team (18%): 180 million tokens, distributed over 9 installments with a 3-month delay for each installment. - Treasury (62%): 620 million tokens reserved for future use.

Who are the founders of Gold DAO?

Gold DAO was established by DAO.Link (https://dao.link/), a Swiss-based company that launches and supports Decentralized Autonomous Organizations (DAOs). Transitioning to community governance via an SNS-DAO on the Internet Computer Protocol (ICP), Gold DAO empowers GLDGov token holders to influence its trajectory. The project places a strong emphasis on decentralization and community-driven governance. Through a proposal, the DAO granted DAO.Link's team control over project development and daily operations.

Where can I purchase GLDGOV?

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 a governance token within the Gold DAO ecosystem on the Internet Computer Protocol (ICP). It provides holders with voting rights and the ability to engage in decision-making processes that shape the project's future. This token upholds the principles of decentralized finance (DeFi), ensuring governance driven by the community.

Who are the Founders of GLDGOV?

Gold DAO and GLDGov were originally launched by DAO.Link and subsequently transitioned to community governance via a Service Nervous System (SNS) on the Internet Computer Protocol (ICP). As part of this transition, GLDGov tokens were minted, symbolizing a shift towards a community-driven governance model. For further information on the SNS launch, please refer to the following links: [SNS FAQ](https://internetcomputer.org/sns/faq) and [Project Details](https://nns.ic0.app/project/?project=tw2vt-hqaaa-aaaaq-aab6a-cai).

What distinguishes GLDGOV?

GLDGov stands out for its integral role in a DAO that democratizes the liquidity of real gold, utilizing the Internet Computer Protocol (ICP) for decentralized governance. Token holders are empowered to influence decisions, supported by triple-audited, premium-grade gold securely stored in high-security vaults in Switzerland, which guarantees both transparency and security. Additionally, participants in the governance process are rewarded, thus merging the stability of traditional assets with blockchain innovation and fostering active community engagement.

What measures are in place to ensure the security of the GLDGOV network?

GLDGov's security is grounded in the Internet Computer Protocol (ICP), employing advanced cryptographic techniques, a decentralized node structure, and governance mechanisms to guard against threats. Utilizing ICP's security features such as chain key technology and neuron-based governance, GLDGov maintains network integrity and decentralized authority within the Gold DAO ecosystem.

Investors interested in GOLDAO are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.