GLDS is world’s first cryptocurrency project that establishes a highly synergistic relationship between digital technologies and the real economy, namely, gold mining. In our project the blockchain technology is utilized to make gold mining more transparent and efficient. Gold, in its turn, backs the GLDS token with stability and investment appeal.
GLDS is one of those few projects in the digital economy sector that are built on the basis of an existing business — gold mine and placer deposit excavation operations in the Republic of Kazakhstan. Our company is doing business legally, with accounting books nice, clean and auditable. The gold mining and processing facilities are fully licensed by the regulatory and supervision bodies of the Republic of Kazakhstan. The gold deposits our company owns are located in the East Kazakhstan region. Our geological survey has revealed data confirming the economic feasibility of the project. The placer deposit and its surrounding terraces are confirmed to hold some 1000 kg of the precious metal. A quartz-sulfide vein found in the area is estimated to hold some 5-6 tons of gold. A three-year production schedule to 2023 is set, and the National Bank of Kazakhstan will commit to buying out our entire stock. The key objective of our project is to make investments in gold more appealing and accessible to a wider audience. We believe the functionality cryptocurrencies provide to be pivotal in this regard. To achieve the goal we have set before us, we have created our own decentralized cryptocurrency as part of the GLDS project: it relies on highly technological concepts to achieve high liquidity for the project’s token. Each coin our project issues is backed by 0.02 grams of gold, closely tying together two investment instruments that may seem a world apart: gold and cryptocurrencies. Every GLDS project participant has the opportunity to not only join a highly technological start-up, but secure a guaranteed passive income whatever life may bring. In recent years the price of gold has been steadily climbing which means that should this trend continue (and lest we forget, the amount of gold on the planet is finite, and the demand for it is not going down) GLDS token holders will be able to extract guaranteed profit since each coin is backed by 0.02 grams of gold, that can be sold for what it’s worth on an exchange. GLDS tokens are a real opportunity to become part of an ambitious future-proof project, and it starts today!