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Gold Storage

Gold Storage (GOLD)

$ 0.00
1.15 %
Main info
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Markets
Analytics
Market cap
$66.97K
1.15 %
Volume (24h)
$699.66
1.15 %
Circulating supply
16,434,584 GOLD
Total supply
16,434,584 GOLD
Max. supply
21,000,000 GOLD

About Gold Storage

The 1irstgold token can be used as a payment utility token. The value of the 1irstgold token is based on the guideline of a gram of pure gold. The reference price of the 1irstgold token is based on the price of Xetra Gold with the security code number DE000A0S9GB0. The token holder is entitled to exchange his token for one gram of physical gold upon return. The owner is solely responsible for the safekeeping of his token. In the event of theft or loss of the storage medium chosen by the owner, any liability will be refused.

Key data

updated $0
Market cap$66.97K
Volume 24h$699.66
Circulating supply16.43M78% of max 21M

Gold Storage (GOLD) is a cryptocurrency that aims to combine digital convenience with the stability traditionally associated with gold. Each GOLD token is designed to be backed by physical gold stored in vaults, making it a gold-pegged digital asset rather than a free-floating coin. In simple terms, it's an attempt to put gold on the blockchain so it can be sent, received, and held like any other token.

Frequently asked questions

What is Gold Storage (GOLD) and how is it different from Bitcoin?

GOLD is an ERC-20 token on the Ethereum network, with the smart contract at 0x0d16450d347c12c086d6c94c76c5aaac35ea07e0. Unlike Bitcoin, which is a purely digital asset with its own blockchain, GOLD is a token whose value is intended to track physical gold held in storage. It trades as a standard Ethereum token, so it can be stored in any ERC-20 compatible wallet.

How does Gold Storage work technically?

GOLD runs as a smart contract on Ethereum, which handles token balances, transfers, and ownership records. The gold backing is managed off-chain: physical bullion is held in vaults, and the project claims tokens correspond to that stored metal. This means users rely on both the Ethereum blockchain for token mechanics and the issuer's custodial arrangements for the physical backing.

How is the supply of GOLD issued?

The token supply is tied to the amount of gold the project holds in reserve — new tokens are issued as more physical gold is added to storage, rather than through mining. This makes the emission model fundamentally different from proof-of-work coins with fixed schedules. Always check the contract address and current supply on a block explorer before transacting.

How can I store and use GOLD tokens?

Since GOLD is an ERC-20 token, any Ethereum-compatible wallet like MetaMask, Trust Wallet, or a hardware wallet works fine. You can send and receive it like any other token, paying Ethereum gas fees for transactions. The official website, https://gold.storage/, is the primary source for project details and verification information.