What is Gold Dao

Article Summary, Automatically Generated By AI

About Gold DAO

Key Points

  • Gold DAO combines traditional gold value with blockchain technology using Internet Computer Protocol (ICP).
  • GLD NFTs tokenize real gold bars stored in Switzerland, ensuring transparent and secure ownership.
  • GLDGov tokens enable decentralized decision-making and community governance.

Figures and Numbers

  • 1 billion: Total supply of GLDGov tokens.
  • 20%: Allocation to SNS Contributors (200 million tokens).
  • 18%: Allocation to Founding Team (180 million tokens).
  • 62%: Allocation to Treasury (620 million tokens).


About Gold DAO: Unlocking the Power of Decentralized Governance

Introducing Gold DAO: A Pioneering Decentralized Autonomous Organization

Gold DAO is a decentralized autonomous organization (DAO) that synergistically merges the timeless value of gold with the innovative power of blockchain technology, specifically through the Internet Computer Protocol (ICP). By leveraging GLD NFTs, it tokenizes high-quality, physically stored gold bars in Switzerland, ensuring that ownership of tangible gold is transparent, secure, and effortlessly transferable. These GLD NFTs, built upon the ORIGYN protocol (

https://www.origyn.com/

), undergo rigorous triple auditing by KPMG, guaranteeing utmost transparency and reliability. As a self-sustaining, decentralized organization (SNS-DAO) on the Internet Computer Protocol (ICP) (

https://internetcomputer.org/sns/faq

), Gold DAO is governed by its community via GLDGov tokens, facilitating decentralized decision-making. This system effectively bypasses traditional financial intermediaries, rendering gold investment globally accessible and democratizing it for all, unhindered by geographical barriers.

The Circulating Supply of GLDGOV Coins: A Closer Look

The total supply of GLDGov tokens is capped at 1 billion, with the following distribution:

  • SNS Contributors (20%): A total of 200 million tokens will be allocated, disbursed in 9 installments with a delay of 0 to 24 months.
  • Founding Team (18%): 180 million tokens will be distributed across 9 installments, each with a 3-month delay.
  • Treasury (62%): A reserve of 620 million tokens has been set aside for future utilization.

The Visionaries Behind Gold DAO: Meet the Founders

Gold DAO was pioneered by DAO.Link (https://dao.link/), a Swiss-based company renowned for launching and empowering decentralized autonomous organizations (DAOs). Notably, Gold DAO successfully transitioned to community-driven governance via an SNS-DAO on the Internet Computer Protocol (ICP), thereby empowering GLDGov token holders to chart its course. The project’s core ethos revolves around decentralization and community-centric governance. In a landmark decision, the DAO voted in favor of a proposal that entrusted the team at DAO.Link with overseeing project development and daily operations.

Where to Acquire GLDGOV?

Explore the innovative platforms of ICPSwap (

https://app.icpswap.com/

), IC Lighthouse (

https://iclight.io/ICDex/GLDGov/ICP

), and Sonic (

https://app.sonic.ooo/swap

).

Introducing GLDGOV: A Pioneering Venture

GLDGov is the governance token for the Gold DAO ecosystem, situated on the Internet Computer Protocol (ICP), which confers upon its holders the privilege of voting rights and active participation in shaping the project’s trajectory. By adhering to the principles of decentralized finance (DeFi), GLDGov ensures a community-driven governance model that empowers collective decision-making.

The Founding Visionaries Behind GLDGOV

Gold DAO and GLDGov were inaugurated by DAO.Link, subsequently transitioning to a decentralized community governance framework facilitated by an SNS on the Internet Computer Protocol (ICP), whereupon GLDGov tokens were minted, thereby marking a paradigm shift towards a community-driven governance model. For further information on the SNS launch, please refer to: https://nns.ic0.app/project/?project=tw2vt-hqaaa-aaaaq-aab6a-cai, and for details on the ICP, visit: https://internetcomputer.org/sns/faq.

What Sets GLDGOV Apart?

GLDGov is distinct in its role as a decentralized autonomous organization (DAO) that democratizes access to real gold liquidity, leveraging the Internet Computer Protocol (ICP) to facilitate decentralized governance. Token holders wield significant influence over decision-making processes, backed by triple-audited, high-quality gold reserves securely stored in state-of-the-art vaults in Switzerland, ensuring unparalleled transparency and security. Moreover, participants in the governance process are incentivized with rewards, seamlessly integrating the stability of traditional assets with the innovative spirit of blockchain technology and fostering active community engagement.

The Security Framework of the GLDGOV Network

GLDGov’s security is rooted in the Internet Computer Protocol (ICP), which harnesses cutting-edge cryptographic techniques, a decentralized node architecture, and robust governance to safeguard against potential threats. By leveraging ICP’s advanced security features, including chain key technology and neuron-based governance, GLDGov ensures the integrity of the network and decentralized control within the Gold DAO ecosystem, thereby fostering a secure and trustworthy environment.

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