LGOLD is is part of Lyfe program to create an asset-based stable token, backed-up by physical assets or commodities to complete market-based Lyfe Token ecosystem. LGOLD will introduce a new possibility and alternative of commodity trading using blockchain where real assets can be transferred in a decentralized distribution network. It will then improve the efficiency, transparency, and the cost of commodity trading.
Each LGOLD token will have an underlying asset of physical gold in our partner Custodian. LGOLD can be exchanged to Fiat according to physical gold price or even exchanged to certified gold bar directly.
Lyfe is a rewards and gamification technology company. At Lyfe, we strive to promote the use of decentralised blockchain technology to everyone. We have a range of product in our ecosystem, from market-based token to asset-based stable token.