We deposit the equivalent in real physical gold for every PGold token put into circulation,
so it can be guaranteed that the token price always remains stable and is also based on the current gold price!
If we send physical gold to our customers, this is possible for us by filling in the token exchange form and
sending us the PGold tokens, the corresponding amount of PGold tokens will also be burned.
Blockchain brought with it transparency and since this is blockchain-backed project, I am sure will have full transparency in what you are saying when the project goes live.
Of course, we stand for full transparency! It is not possible to do it any other way, because we have to guarantee that it is always possible to exchange your tokens for real physical gold.
We also publish a financial report on our website every year.
As we are a company based in Malta, we are obliged to carry out a financial audit once a year in order to ensure smooth business operations.