GGCM SECURITY CONCEPT
Last updated
Last updated
Buy Back
If the GGCM price falls below the initial gold price, the coin will be bought back. This buyback is controlled by a third party provider through an automated software system.
Fund Storage
The GGC Payment software provider will established main wallets at several top liquidity providers, such as binance, coinbase.
Descisions on where to place the main wallets will always be up to date, depending on the criteria best price duarantee, safety and political environment. Up to six providers are available, a number which can be changed on demand.
Gold Guarantee
For each coin issued, 30% of its initial value a bank certifivate of gold will be purchased and deposited in one of GGC s partnering banks of international reputation. The procedure and frequency of purchasing gold certificates is defined by the number of coins issued respectively.