Pyrrhos Gold (PGOLD) is an asset-backed cryptocurrency token where a thousand token represents one gram of gold bar, stored in professional vault facilities in Germany and Malta. Anyone who owns PGOLD has ownership rights to that gold under the custody of Pyrrhos Trust Company. Since PGOLD cryptocurrency token represents physical gold, its value is tied directly to the real-time market value of that physical gold. PGOLD gives customers the benefits of actual physical ownership of specific gold bars with the speed and mobility of a digital asset or cryptocurrency. Customers are able to have fractional ownership of physical bars. On an exchange, customers can convert their tokens to fiat currency or other digital assets (and vice versa) quickly and efficiently, reducing their exposure to settlement risk. You also have the option to exchange your PGold tokens for real physical gold on the company website and thus the certainty that the PGold cryptocurrency tokens in circulation are always covered with the sufficient amount of real gold. This is also what sets us apart from our competitors, no other token or coin on the market offers this option.
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