Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] Puregold - First Payment Gateway using GoldBacked cryptocurrency
by
puregoldICO
on 07/02/2018, 10:09:15 UTC
Why did you decide to have two tokens instead of one (backed by gold only)?

Hello,
Puregold offers two digital tokens, PGT and PGG, running on two separate ledgers. PGG works through a digitized cryptoasset whose cryptocurrency value is based on physical gold. Puregold sets PGG at the current market price for physical gold. The company uses physical gold (of 999.9 quality) as its security. Puregold’s gold reserves equal or exceed its circulated amounts of PGG.