What is Gold DAO?
Gold DAO is a decentralized autonomous organization (DAO) that combines the traditional value of gold with blockchain technology, specifically through the Internet Computer Protocol (ICP). It utilizes GLD NFTs to tokenize real, high-quality gold bars stored in Switzerland, ensuring ownership of physical gold is transparent, secure, and easily transferable. These GLD NFTs, built on the ORIGYN protocol (https://www.origyn.com/), are triply audited by KPMG for utmost 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 via GLDGov tokens, allowing decentralized decision-making. This system bypasses traditional financial intermediaries, making gold investment globally accessible and democratizing it for all, without geographic barriers.
How many GLDGOV coins are there in circulation?
The total supply of GLDGov tokens is 1 billion. Distribution includes:
- SNS Contributors (20%): 20%200 million immediately, over 9 installments with 0 to 24-month delays.
- Founding Team (18%): 180 million across 9 installments, each with a 3-month delay.
- Treasury (62%): 620 million reserved for future use.
Who are the founders of Gold DAO?
Gold DAO was initiated by DAO.Link (https://dao.link/), a company in Switzerland that launches and enables DAOs. Gold DAO transitioned to community governance via an SNS-DAO on the Internet Computer Protocol (ICP), allowing GLDGov token holders to steer its direction. The project emphasizes decentralization and community governance. The DAO voted through a proposal to give control for project development and daily operations to the team at DAO.Link.
Where can I buy GLDGOV?
ICPSwap (https://app.icpswap.com/), IC Lighthouse (https://iclight.io/ICDex/GLDGov/ICP), Sonic (https://app.sonic.ooo/swap)
##What is GLDGOV?
GLDGov is a governance token for the Gold DAO ecosystem on the Internet Computer Protocol (ICP), granting holders voting rights and participation in decision-making to direct the project's future. It aligns with decentralized finance (DeFi) principles, ensuring community-driven governance.
Who are the founders of GLDGOV?
Gold DAO and GLDGov were initiated by DAO.Link and then transitioned to community governance through an SNS on the ICP (see details: https://internetcomputer.org/sns/faq), where GLDGov tokens were minted, marking a shift to a community-driven model. Details from the SNS launch: https://nns.ic0.app/project/?project=tw2vt-hqaaa-aaaaq-aab6a-cai.
What makes GLDGOV unique?
GLDGov is unique for its role in a DAO that democratizes real gold liquidity, utilizing the Internet Computer Protocol (ICP) for decentralized governance. Token holders can influence decisions, backed by triple-audited, high-quality gold stored in high-security vaults in Switzerland, ensuring transparency and security. Furthermore, participants in the governance process receive rewards, integrating traditional asset stability with blockchain innovation and incentivizing active community involvement.
How is the GLDGOV network secured?
GLDGov's security is anchored in the Internet Computer Protocol (ICP), leveraging advanced cryptographic methods, a decentralized node architecture, and governance to protect against threats. Benefiting from ICP's security features like chain key technology and neuron-based governance, GLDGov ensures network integrity and decentralized control within the Gold DAO ecosystem.