What is the relationship with the name Goldcoin and the actual asset and if its related to said asset how will Goldcoin compete with the likes of   NatGoldNatgold being a gold -backed digital token that's verified in ground gold  digitally minted into a blockchain based token or is goldcoin simply for transactions like Litecoin etc? Excuse my ignorance of crypto as I am a noob.

What is the relationship with the name Goldcoin and the actual asset and if its related to said asset how will Goldcoin compete with the likes of  NatGold being a gold-backed digital token that's verified in ground gold  digitally minted into a blockchain based token or is goldcoin simply for transactions like Litecoin etc?