- Token ID: e91cbc48016eb390f8f872aa2962772863e2e840708517d1ab85e57451f91bed
- Date of birth: 7/11/2021
- Amount: 55,000,000
- Total supply: 55,000,000
- Ergold in circulation: 36,925,800 - distributed through ErgoFaucet
- Public Allocation: 95.46%
- Marketing and Promotion: 0.54%
- Team Allocation: 4%
- Become the main store of value token on the ergo blockchain
- Become the most used social award token
- Become the community favorite token for payments on GetBlok
- Become one of the highest APR liquidity pool on ErgoDEX
- Achieve as many use cases as possible
Swap and provide Liquidity in Ergold pool on the first non-custodial decentralized exchange on the ergo blockchain - ErgoDEX
Gold has been a store of wealth for thousands of years and has outlasted the currencies of various empires and nation-states that have come and gone.
It is estimated that we have less than 55,000 tons of gold left to discover.
Gold mining is one of the most destructive industries in the world. It can displace communities, contaminate drinking water, hurt workers, and destroy pristine environments. It pollutes water and land with mercury and cyanide, endangering the health of people and ecosystems.
Our Understanding of a Traditional Asset Has Changed.
An asset is anything of value or a resource of value that can be converted into cash. So an asset’s value will depend on the collective belief and trust of the people dealing with it.
The growth in the number of cryptocurrencies is changing all of this, and the faith placed in them by investors is driving confidence in them as an asset class. If investors continue to believe in the value of gold because others believe in it, it will remain an asset. The difference between cryptocurrencies today and gold in the past is therefore minimal.
It is not a secret that Bitcoin is the most valued and thereby attractive cryptocurrency on the market. Experts have largely credited this to its scarcity.
Scarcity increases the value of an asset, therefore the Ergold quantity issued will be capped at 55 million. The number of kilograms of gold left to be discovered.
Let's reduce the environmental impact and make its practices more sustainable with the blockchain technology.