I'm forced to create this topic today because it's getting annoying how some new developers are creating gold backed tokens on this forum, please listen to me, some use cases are foul play in crypto space and gold backed tokens are one of them, many so called devs are building tokens but they have no proof that those tokens are backed by any gold yet some investors believed them, it's all lies, open your eye people...
They are trying to duplicate what Xaurum reached
https://www.coingecko.com/en/coins/xaurum they are the first gold-backed coin in the market I think they started way back 2015, I was part of their bounty campaign although they have not reached the top 50 they are still one the example of a gold-backed token that reaches success in their project, because of their transparency.