A list of gold-back cryptocurrency projects that are dead, been cancelled, or have ghosted without any updates.
Defunct gold-backed cryptocurrencies
Goldscape.net has been keeping track of gold-backed cryptocurrencies from the early days. This is an ongoing list of defunct gold-backed crypto projects.
ACU Gold
Name: ACU Gold (ACUG)
Location: Hong Kong.
Website: acug.net
ACU Gold (ACUG) is the digital version of premium and universally recognized high-purity physical gold, offered by ADL in partnership with ACU Bullion Limited – a member of the Chinese Gold and Silver Exchange. Every ACUG token represents one ounce of physical gold of the designated bar.
The website is now offline.
Airgead
Name: Airgead
Location: Dublin, Ireland.
Website: airgeadcoin.io
The Airgead Coin allows you to merge precious metals within one cryptocoin. Along with gold, you can merge silver, platinum, and palladium coins/bars as a basis for a worldwide currency. You can merge any amount of precious metals into a single Airgead Coin, and you can actually see what your Airgead Coin is merged with.
The ICO was in 2019, but there have been no status updates since December 2019 and the website is now offline.
Arbitrade
Name: Arbitrade
Location: Hamilton,Bermuda.
Website: arbitrade.io
Arbitrade was a supposed cryptocurrency exchange and mining company based in Bermuda. In March 2018 it was announced that Arbitrade Exchange Inc. would acquire Cryptobontix Inc (cryptobontix.com).
In November 2018 they put out a press release announcing that Arbitrade Ltd. had “received title of gold bullion stored at independent security facilities in the amount of 395,000 kgs with a current market value in excess of $10 Billion U.S.”. 395 tonnes of gold would have placed Arbitrade among the countries of the world’s top 15 gold reserves.
They also announced that they had acquired an office block in Hamilton for their head office.
By October 2019 Arbitrade’s website had vanished.
Dignity (DIG) was owned by Arbitrade which was acquired by Cryptobontix. blockchainbullion.io was also associated with the project, though the site has since gone offline.
Here is a more detailed writeup about $UNY / $DIG.
AssetBase
Name: GoldBase (ABG)
Location: St Kitts & Nevis
Website: assetbase.io
AssetBase offers five different precious metal cryptocurrencies (gold, silver, platinum, palladium, and rhodium). Unlike some of the other mixed metal tokens, AssetBase has a separate token for each metal. The GoldBase crypto coin (ABG) is equal to 1g of physical gold and is 100% redeemable for 100% physical gold. All gold (and other metals) is vaulted and insured and audited by a third party. To acquire precious metal tokens you will need Prime Donor Tokens (PDT).
The site is now offline and the domain has expired.
Auric
Name: Auric (AURI)
Location: Zurich, Switzerland.
Website: auric.io
Auric is a store of value and medium of exchange cryptocurrency backed by a physical store of gold at a rate of 0.001oz per Auric. Owners can hold Auric, trade it on exchanges, or transfer it for this equivalent amount of gold via the Auric Market at any time.
The ICO ran in September 2018. Since then the site has gone blank, and here was the last update on the Bitcoin Forum.
“Thanks very much for all the ICO funds…we will try and launch Auric sometime before 2040. Have a great day. No more updates until then.”
AURUM X
Name: AURUM X ()
Location: Seoul, Republic of Korea.
Website: aurumx.io
AURUM X (previously known as Gold Mining) will secure gold through its cryptocurrency mining business. Future plans are based on creating a large mining center, which cryptocurrency-based revenue would continue to increase gold reserves.
Holder of X tokens will then be distributed with V tokens, which is pegged with the price of gold (1 V token = 0.01g physical gold). V tokens are issued only as much as the quantity of gold held. The gold will be continuously secured from the profits of large-scale mining centers, a cryptocurrency exchange, gold products, and discount shopping malls.
ICO started on August 1st, 2018. The site has since gone offline without any notifications.
BaselBit
Name: BaselBit (BB3)
Location: Zug, Switzerland.
Website: baselbit.ch
BaselBit was a planned cryptocurrency backed by gold and silver reserves. According to the website:
“Due to unobtainable and unverifiable audits of underlying assets of Basel Bit and its principle guarantor not providing contracted financing forces the organization to cease operations.”
Bigboys Industry
Name: Bigboys Industry (BBI)
Location:
Website: home.bbi.is
Bigboys Industry BBI token is an open protocol gold mining project created by VEWC (Via East West Capital). BBI tokens represent the value of physical gold in several gold mines. Investors can redeem these tokens for their gold equivalent at any verified partner bank.
The website is now offline.
BULLIONBLOCK
Name: BULLIONBLOCK
Location: Hong Kong.
Website: bullionblock.world
BULLIONBLOCK is developing a decentralized mobile payment gateway platform on its own blockchain, delivering transparent instant and secure options for remittance and financial transactions protected by physical gold and silver bullion.
The project is now a tokenized Yuan-backed multi-chain on/off ramp stablecoin.
BullionCoin
Name: BullionCoin (XAAU)
Location: Isle of Man.
Website: bullioncoin.com
Bullioncoin is a gold and silver-backed cryptocurrency. Gold Bullioncoin (XAAU) is equal to one gram of gold, and silver Bullioncoin (XAAG) is equal to 50 grams of silver. There is also a Debit MasterCard available which can use your Bullioncoins for everyday purchases.
The site is offline with the message: “BullionCoin is undergoing some updates inline with the recent GDPR regulations and will be back online soon.”
CACHE
Name: CACHE.
Location: Singapore.
Website: cache.gold
One CACHE Gold token is equivalent to one gram of gold. Each token is backed by physical gold securely stored in a vault. All gold is audited and insured. CACHE Gold has has since entered indefinite dormancy.
Cash Telex
Name: Cash Telex (CTLX)
Location: Gibraltar.
Website: cashtelex.com
Cash Telex (CTLX coin) is directly pegged to a diversified fund of real assets (gold, diamond, silver and real estate).
The website has gone offline.
CryptoG
Name: CTG
Location: –
Website: cryptog.finance
CTG is a digital currency used as a worldwide cross-border anonymous payment system in exchange for goods and services, 100% backed and redeemable for physical gold, delivered to your doorstep, anonymously. The website has since gone offline.
Crypto-Gold Coin
Name: Crypto-Gold Coin (CGC)
Location: ?
Website: cryptogoldcoin.net
Crypto-Gold Coin started out as CryptoGLD (CrGLD). The original website at cryptogld.com is no longer working so I found their new site via the Facebook page. It says they are a cryptocurrency but it doesn’t appear to be on any exchange (and CGC is another token). When I checked it was selling a 1-ounce Crypto-Gold Coin at US$1,300.00, even though the current market price at the time was US$1,321.00. There is no office listed, and no mention of how the gold is stored or how you can sell it once you have bought it.
CURRENSEE
Name: CURRENSEE (CUR)
Location: Dubai, U.A.E.
Website: currensee.io
Currensee was a gold-backed crypto currency valued at the current price of 1gm of Gold. The value of the physical gold in the reserve is directly proportionated to track the performance of the coin in the market. The Currensee platform is built on a private blockchain, based on the Ethereum Technology.
Cyronium
Name: Cyronium (CYRO)
Location: Jakarta, Indonesia.
Website: cyronium.com
Cyronium is gold-backed crypto from Indonesia. Every 1 CYRO token has a guarantee of 1 Cyronium coin. 1 Cyronium coin consists of 20 grams of 99% gold LBMA (London Bullion Market Association). Where Cyronium differs from other offerings is they are offering the option of physical coins that will represent the CYRO token. If you elect to take the physical coin the CYRO token will be destroyed to avoid duplication. The coin will be shipped along with the certificate to the investor’s address. Physical gold will be held in vaults in Singapore.
The website is now offline.
Darico
Name: Darico (DEC)
Location: Zug, Switzerland.
Website: darico.io
Darico offered a gold-hedged cryptocurrency investment token backed by gold, bitcoin, and Ethereum. Each token was comprised of 55% bitcoin, 35% gold, and 10% ether. The gold sits in custodial vaults, and there is an app wallet and a Darico debit card.
Darico is now a dedicated trading platform with no offer of DRC gold-backed token.
Digital Bullion Gold
Name: Digital Bullion Gold (DBG)
Location: ?
Website: digitalbulliongold.com
The website has expired and there is no contact from the developer.
Digital Gold
Name: Digital Gold (GOLD)
Location: St. Vincent and Grenadines.
Website: gold.storage
GOLD token is a stablecoin backed by real gold bars stored in secure and auditable vault storage at BullionStar. One GOLD token equals 1 gram of physical gold. The token is based on the Ethereum blockchain (ERC-20 standard) and is issued and operated by the DIGITAL GOLD LTD company.
The website is offline.
Digix
Name: Digix (DGX)
Location: 32 Carpenter Street, Singapore.
Website: digix.global
1 DGX represents 1 gram of gold. Every gold bar backing DGX is always openly verifiable by the public, 24/7, with blockchain technology. Digix vaults, located in Singapore and Canada, are accredited members of the Bullion Association and are fully insured.
Digix announced on 27 September 2022 that they would be ceasing all business activities.
DinarCoin
Name: DinarCoin (DNC)
Location: Malaysia.
Website: dinarkripto.com
DinarCoin (DNC) is a crypto asset built and recorded on the public Ethereum blockchain. Each DinarCoin is the digital equivalent of 4.25 grams of 999.9% pure gold and it is together with Gold Smart Contracts can be traded in for physical gold.
DinarCoin was developed by DinarDirham – a gold and blockchain-focused, global FinTech company founded in Southeast Asia and headquartered in Hong Kong. The website is now offline with announcements of what has happened.
Doradocoin
Name: Doradocoin ()
Location: Santiago, Chile.
Website: doradocoin.io
Another claiming to be the world’s first gold-backed cryptocurrency, Doradocoin tokens are issued to attract investments into an existing gold production enterprise in Chile. There are no contact details or details of the token, or where the mined gold will be stored.
The website has since stopped working.
DRCG coin
Name: DRCG coin (DRCG)
Location:
Website: drcgold.io – Facebook.
The DRCG coin ICO proceeds contribute to expanding operations and cover the mining costs of a gold mining operation in the Democratic Republic of Congo. Members who purchase or use the DRC Gold Coin will be rewarded with gold or any other means of their choice as outlined. The mining operations are managed by Emmax Systems Inc. which is an affiliate of CryptoXL Limited.
The final ICO Sale started on 31 May 2019, but there has been no update on the website since. The site has since gone offline.
EAU-COIN
Name: GELT
Location: Gothenburg, Sweden.
Website: eau-coin.is
EAU-COIN (pronounced “O-COIN”) is a gold-backed crypto token on an Ethereum-based blockchain smart contract. EAU-COIN is directly backed by real gold assets 100% owned by EAU-COIN with no liens or leverage. The tokens are issued in rounds with a built-in 20% bonus for the holders. At least 2 rounds will be issued every year of a fixed USD value related to fixed in-ground gold assets that are being mined out.
The website has since gone offline.
Egold
Name: Egold (EGD)
Location: London, UK
Website: egold.trade
Egold (not related to E-gold) runs on a blockchain ledger and works through a digitized cryptoasset called GOLD whose cryptocurrency value is based on physical gold. Egold uses its own blockchain and altcoin, called EGD, for GOLD transactions.
The site has since gone offline and it has been flagged as a possible scam at bitcointalk.org.
Ekon
Name: Ekon (EKG)
Location: Switzerland.
Website: ekon.gold
Ekon is a stable coin developed by Eidoo that is 100% backed by physical gold. Each Ekon token corresponds to 1 gram of gold 999. Ekon is an ERC20 token and you can collect them within the Eidoo wallet.
Ekon announced on their website that all services related to EKON Gold are officially closed.
FineBit
Name: FineBit (FBT)
Location: Tanzania.
Website: finebit.io
FineBit Token will store a value of physical gold from their gold mines, and every owner has the opportunity to exchange their value in FineBit for the equivalent in physical gold (bars/coins/nuggets). FineBit Token is built on BEP20 (Binance Smart Chain). The domain has since expired.
Gaia Gold
Name: Gaia Gold
Location: Davao, Philippines.
Website: gaiagold.io
Gaia Gold concept is to provide a precious metal investment platform with its dual token protocol.
The website is now offline.
Goldbloc
Name: Goldbloc
Location: London, UK.
Website: goldbloc.com
Goldbloc was a gold-backed digital currency and banking platform project developed by The Real Asset Company (TRAC) and Lionsgold (LSE: LION). Goldbloc has since pivoted to become Tally, which is not a cryptocurrency. This will be a “100% reserve banking platform and physical asset currency used in everyday banking through a smartphone banking app and Mastercard debit card”.
Goldchain
Name: TruGold
Location: Wyoming, USA.
Website: goldchaincrypto.io
Goldchain offers tokenized precious metals with provenance and origin on the EOS Blockchain. TruGold is the first token in the Goldchain suite of products offered to customers. The circulating supply of TruGold represents materials extracted and weighed from the processing plant. The website has since gone offline.
GoldCrypto
Name: GoldCrypto (AUX)
Location: Belize
Website: goldcrypto.io
AuX tokens by GoldCrypto are a cryptocurrency backed by physical gold. Each 750 AuX Tokens will be backed by one ounce of gold (approximately US$1.70 per AuX Token). This gold backing per AuX Token then progressively increases.
The GoldCrypto ICO finished on August 31, 2018. Since then the goldcrypto.io website redirected to goldsecure.io. Both sites are now offline.
Gold Cryptocurrency
Name: Gold Cryptocurrency (GOLDC)
Location: ?
Website: goldcryptocurrency.org
A proposed gold-based online currency that was saying it had an ICO in August 2017, though I couldn’t find any record of it. There were some updates at github, and the website has since gone offline.
Golden Currency
Name: Golden Currency (PGCT)
Location: Singapore
Website: goldencurrency.world
Golden Currency plans to be the first global private currency on the blockchain, both paper and electronic, 100% backed by gold. ICO ended in 2019, but it is not apparent that the Golden or PGCT tokens are available on exchanges. Twitter hasn’t been updated since March 2020.
GoldGramCoin
Name: GoldGramCoin (GGC)
Location: Singapore.
Website: goldgramcoin.com
GoldGramCoin (GGC) represents 100% direct ownership of 99.99% investment-grade, pure physical gold. 1 GGC = 1 gram of fine gold. The title is maintained by a cryptographically secure blockchain database that investors can utilize to verify ownership. The physical gold is securely stored in the Gold Vault and is fully deliverable upon request at any time. Gold ownership is verified using blockchain technology to ensure data accuracy and tracking.
The site has gone offline with no status updates on social media.
GOLD.IO
Name: GOLD.IO
Location: Cayman Islands.
Website: gold.io
GOLD.IO plans to be the first cross-blockchain DEX (Decentralized EXchange) and DAC (Decentralized Autonomous Community). The mission of GOLD.IO is to create an infrastructure ruled by like-minded individuals, sharing the same vision and idea for the future of the decentralized community-governed gold market.
Goldlinks
Name: Goldlinks
Location: Singapore.
Website: goldlinks.one
Goldlinks is a global gold industry alliance, every 100 GGC is pegged to 1 gram of fine gold.
The site is on an unsecured http domain, and a popup appears with the following notice:
“Recently, the trading of Goldlinks GGT on BitForex has been halted. To date, Bitforex has no any official explanation on the unilateral suspension. Goldlinks is requesting an official statement from BitForex and communicating with them. We will endeavor to resume the trading as soon as possible. Thank you for your patience!”
Goldma
Name: Goldma (GMA)
Location: Zimbabwe.
Website: goldma.io
Goldma (Gold Mining Assets) is described as Africa’s first crypto-based gold royalty token. GMA is a token backed by a fully licensed and operational gold mine in Zimbabwe. So the token itself is not gold-backed, rather the gold is sold to the Reserve Bank, and Ether is bought with the proceeds.
The main ICO ended October 12, 2018, and the website then showed a “coming soon” landing page with no other information. The site has now gone offline without a trace.
GoldMineCoin
Name: GoldMineCoin (GMC)
Location: Russia.
Website: goldminecoin.io
GoldMineCoin is – as the name suggests – is a coin backed by a gold mine. This crypto-currency is secured by gold deposits in the Magadan Region of the Russian Federation. This setup resembles the exploratory mining companies that frequent the penny stock listings. You have a high risk of not finding gold and a potentially high reward of hitting a productive gold mine.
Pre-ICO ran until August 2018. The site then went offline and the domain has since expired.
GOLDUSA
Name: GOLDUSA
Location: Vancouver, Canada.
Website: canamexgold.com
Canadian-based mining firm Canamex was offering tokenized gold and silver, with the GOLDUSA token representing 1/200 oz of gold. Reference to the token has since been removed from the website.
Details of the token can be found at: Canamex Gold: GOLDUSA and SILVERUSA Security Tokens Digital Securities Offer Board.
GoldVein
Name: Gold Vein Token (CVT)
Location: Russia.
Website: goldvein.io
GoldVein is a blockchain platform for investment in gold mining. The gold value of the token increases in value depending on the amount of gold mined.
The Pre-ICO runs from April-June 2018, ICO August-September 2018, and tokens will be placed on exchanges in December 2018. The site has now gone offline.
GOLDX
Name: GOLDX
Location: Malaysia.
Website: hgfoundation.io / hellogold.com
HelloGold (HGT) users can buy and store gold which can be converted to a gold-backed token (Goldx), which is backed by 1 gram of gold. The gold is held and accounted for in a partnering vault in Singapore, and it is certified as compliant with the Shari’ah Standard by the World Gold Council.
HelloGold shutters its consumer business — users have until 2 Feb to withdraw funds – [26/01/23]
Goldzip
Name: Goldzip (Gz)
Location: Hong Kong, China.
Website: goldzip.com
Goldzip token project is issued and regulated by the Chinese Gold and Silver Exchange (CGSE) in the Hong Kong Special Administrative Region (HKSAR). Each Gz is equivalent to the delivery execution right of 1 mg gold in the Goldzip system.
The site is offline (23/01/21) with no other updates.
Globcoin
Name: Globcoin (GLX)
Location: Zug, Switzerland.
Website: globcoin.io
Globcoin is a stablecoin backed by a basket of fiat currencies basket from 15 countries in addition to gold.
The website has now gone offline.
GramGold
Name: GramGold (GGT)
Location: United Kingdom
Website: gramgold.net
GramGold was a gold exchange, a gold vault, a gold ATM, and a foundation. The Gramgold Token (GGT) is 10% backed by gold. The GramGold ICO was on in March, 2018 and went offline in April, 2018.
GramGold Coin
Name: GramGold Coin (GGC)
Location: .
Website: gramgold.co
GramGold Coin is pegged to 1 gram of investment-grade gold. Every single GGC is issued out of gold already purchased and held by vault service providers instead of crowdfunding. This process is called an ‘Initial Coin Circulation’ (“ICC”), instead of an ‘Initial Coin Offering’ (“ICO”).
The GGC token was listed on Kucoin, but it has since been removed.
The website is now offline.
Guardian Gold
Name: Guardian Gold (GGT)
Location: .
Website: guardian-gold.com
Guardian Gold is a gold-secured cryptocurrency based on blockchain technology. Each GGT token is backed by 1 gram of 99.99% gold cast bars from London Bullion Market Association-approved refiners. Guardian Gold token holders can transfer funds to anyone in 15 seconds. Guardian Gold features a unique 15% Proof of Stake Reward to all GGT token holders. 15% of net proceeds from every new GGT token purchase is distributed to all GGT holders.
GGT Token doesn’t appear on any exchange listings and there have been no site updates for over a year (December 2020).
IC3 Cubes
Name: IC3 Cubes (IC3)
Location: Canada.
Website: ic3cubes.com
IC3 Cubes secured by 100% Canadian gold. The site has gone offline with no other information on its fate.
iDinar
Name: iDinar
Location: Qatar.
Website: idinar.io
iDinar is a digital asset, backed by a gold ownership certificate based on blockchain technology. 1 Unit of an iDinar token is backed by 1 gram of physical gold.
The project was launched in 2019, and it was to be a tradable commodity on the IBADAH Exchange. In 2020 Qatar banned crypto trading, putting the project in doubt.
The website is now offline.
IXIGOLD
Name: IXIGOLD (IXIGL)
Location: .
Website: ixigold.org
IXIGOLD crypto coin is backed by Platinum Group of Metals. Every single IXIGOLD purchase is fully backed by gold claim called New Castle Mine in Lincoln County, Nevada.
Karatcoin
Name: Karatcoin (KCG)
Location: London, UK.
Website: karatcoin.co
Karatcoin is a platform to trade gold certificates, exchange Karatcoin tokens, as well as save and exchange currency using gold cards. KCG (GOLD Token) is the token used in the Karat Blockchain. It represents 1 gram of 99.99% LBMA standard gold secured in safehouse vaults.
The site hasn’t been updated since 2018.
Karatgold
Name: KaratGold (KBC)
Location: Stuttgart, Germany.
Website: karatgold-kbc.com
Each coin represents a certain weight of gold and can be exchanged into physical gold in the form of CashGold. On 4 July, 2019 100 KBC will equal 1g of gold.
KBC was listed on its own exchange — Karatbit.com. Trade USD, KBC, BTC and ETH for gold (which Karatbars calls Unival or UNV).
In 2019 Germany’s Financial Supervisory Authority (BaFin) ordered ‘KaratGold Coin’ issuer to cease operations.
KaratCoin Bank
Name: KaratCoin Bank Coin (KCB)
Location: Stuttgart, Germany.
Website: karatcoinbank.io
Related to KaratGold is KaratCoin Bank, which is creating an international payment system that will serve the blockchain-based economy. It’s based on the following projects: Karatbars International GmbH, KaratGold Coin, KaratCoin Bank, KaratPay System, and KaratGold Coin Exchange.
Lightcash
Name: Lightcash (LCSH)
Location: Belize.
Website: lightcash.io
Lightcash Crypto Gold is pegged to actual gold, in a ratio of 1000 LCSH’s to one gram of gold. By purchasing tokens, investors receive an ownership share in the gold mining company. An ICO ran until June 2018, and it has since gone offline.
Magma Coin
Name: Magma Coin (MGM)
Location: Manchester UK.
Website: magmacoin.org
Magma Coin ran an ICO with the whitepaper saying that “the company uses exchange-traded funds (ETF) or physical gold (of 999 quality) as its security.” When searching for what content of gold is on each token, the whitepaper said “Each Magma token represents X amount of Gold Miligram of Gold.”
On 26 September 2018 the North Dakota Securities Commissioner issued a Cease and Desist Order against Magma for promoting unregistered and potentially fraudulent securities in North Dakota in the form of Initial Coin Offerings (ICOs).
MELECOIN
Name: MELECOIN (MELC)
Location: UAE.
Website: melecoin.net
MELECOIN will issue a pre-paid Debit Card (no limit – subject to conditions), supported by a MELECOIN Token backed by digital ownership title of physical gold. (LBMA Certified) as the MELECOIN Token System (MTS).
The website is now offline.
MetalStream
Name: MetalStream (MSGLD)
Location: Labuan, Malaysia.
Website: metalstream.io
MetalStream Gold (MSGLD) tokens are gold-backed, ERC-1400 compliant security tokens backed by and redeemable for bullion. MSGLD are securities fully backed by physical gold extracted from mines in several countries to reduce risk.
The website is now offline.
Midas Rezerv
Name: Midas Rezerv (MRCoin)
Location: Thailand.
Website: midasrezerv.com
One of the earliest attempts at a gold-backed crypto was by Midas Rezerv. A press release from 2015 says that every Midas Rezerv token is 100% backed by 1 gram of gold.
My Big Coin
Name: My Big Coin (MBC)
Location: Nevada, USA.
Website: mybigcoin.com
My Big Coin was a virtual currency that claimed was backed by gold. In February 2019 the founder was arrested on federal charges for participating in a scheme to defraud people.
GoldBlocks
Name: GoldBlocks (GB)
Location: Slovenia
Website: mygoldblocks.com / goldblocks.eu
GoldBlocks is a blockchain-based MLM (Multi-Level Marketing) mining site that also has gold-backed something or other. I don’t know how to describe this as the website just says a bunch of buzzwords without clearly describing what it does. It says they “work with various gold trading platforms”, the site is incomplete with broken links. The coin is still being tracked and you can read updates here.
The site has since gone offline.
OLegacy
Name: OToken
Location:
Website: olegacy.com
A blockchain platform that generates the OToken, 100% backed by gold to save, transfer, transact, redeem or spend. 1 OToken = 1/1,000 of gold’s spot price. No ICO.
The website is now offline.
ONGOLD
Name: ONGOLD
Location: USA.
Website: ongold.com
From the web archive:
“ONGOLD Tokens serve as the financial backbone of the Open Network. A gold-dollar equivalent stable-value cryptocurrency payment instrument. They are uniquely used for purchases within the ON ecosystem including ONCOIN, ONDOLLAR, ONPROPERTY and ONENERGY Tokens – each a separate tokenized sector of assets.”
OneGram
Name: OneGram Coin (OGC)
Location: 2E MO17 East Side, DAFZ, Dubai, United Arab Emirates.
Website: onegram.org
Each OneGram Coin (OGC) is backed by one gram of gold and is Sharia-compliant. Gold is held in vaults located within Dubai Airport’s high-security compound, and managed by OneGram’s partner GoldGuard – a Dubai-based gold trading company.
There is a maximum of 12,400,786 OGC available, and unsold coins will be permanently destroyed after the Initial Coin Offering.
The website is offline, the links for buying are not working, and there have been no recent updates on social media.
Orocrypt
Name: Orocrypt (OCG)
Location: Zurich, Switzerland.
Website: orocrypt.com
Orocrypt is a company that digitises assets. It already has a working token, the OCG gold-backed token, each representing 30 g of LBMA compliant bullion gold and stored in Liechtenstein, Switzerland, and The Cayman Islands. The OCG token represents ownership of 30 grams of gold, therefore it always has to be 100% backed by bullion gold. You can see the vaulted gold Stock Report in the News section of the website. The OCG Smart Contract was audited by Icorating.com.
OCG was listed on the P2PB2B exchange but it has since been delisted. A Tweet in January 2020 mentions reorganising their corporate structure. The website is now offline and the Twitter account deleted.
Oropocket
Name: Oropocket (ORO)
Location: New Delhi, India.
Website: oropocket.com
Oropocket is a universal fintech investment platform built on blockchain. Tokenised assets are 100% insured, backed by an actual physical asset and held by a custodian, and never held by the company. 1 GOLD token represents 1 gram of 24 Carat 999 Purity Gold held in the vault.
The website is now offline.
OZcoinGold
Name: OZcoinGold (OzGLD)
Location: ?
Website: ozgld.com
OzGLD was a proposed cryptocurrency 100% backed by gold. A paid press release stated that “each 100 OZcoinGold coins is backed by 1/3 gold bullion stored in the Perth Mint and 2/3 gold reserves held by Ozcoin Inc, to be delivered to Perth Mint by March 2022.” There was no mention on the Perth Mint site, and no physical contact details were on the website that has since gone offline.
OZEETY
Name: OZEETY (OZTG)
Location: London, UK.
Website: ozeety.com
OZTG is a privacy gold-pegged coin minted through the OZEETY Blockchain using proof-of-stake (PoS) and Zerocoin-proof-of-stake (ZPoS) hybrid consensus algorithm, allowing anonymous transactions.
OZEETY is by flashgroup.io, a blockchain-powered fintech company that offers a physical gold-pegged cryptocurrency, innovative payment solutions and a smart contract-based advertising solution.
The website is now offline. OZTG was available at flashxchanger.com which is not working.
PACT
Name: PACT (PACT)
Location:
Website: pactgold.com
The PACT platform is backed by a physical gold mine, as the firm also purchases physical gold to hold in reserves for every coin held by the public. Each PACT token is valued at .008 of a gram of gold or $2.00 worth of gold. When your cryptocurrency value is greater than 1kilo of gold, you can opt to convert it to physical gold in one of the firm’s vault, and take physical custody.
The website is now offline.
Pecunio
Name: Pecunio (PGX)
Location: Dubai, United Arab Emirates.
Website: pecun.io
Pecunio is a one-stop-shop for cryptocurrencies: A cryptofund, a cryptocard, and an exchange. Pecunio’s gold-backed token PGX represents exactly 1 gram of 999.9 fine gold (segregated, unallocated) from LBMA-approved refineries.
The website is now offline.
Perth Mint Gold Token
Name: Perth Mint Gold Token (PMGT)
Location: Sydney, Australia.
Website: pmgt.io
PMGT is the first digital gold token on a public blockchain backed by government-guaranteed gold.
PMGT allows you to trade and hold gold stored at The Perth Mint on the blockchain. PMGT tokenises GoldPass certificates, where 1 PMGT = 1 oz GoldPass certificate = 1 oz pure physical gold. PMGT may be exchanged for GoldPass certificates. Equally GoldPass certificates may be exchanged for PMGT. In each direction, the exchange rate is 1:1. The exchange is performed by Trovio, and no exchange fee applies.
The Perth Mint Gold Token (PMGT) has been discontinued.
Precious Metals Backed Currency
Name: Precious Metals Backed Currency (PMBC)
Location: ?
Website: knoxwire.com
“Knox Wire’s new gold-backed currency operates on a trustless mechanism, providing reliable value stability as the metals backing PMBC will not be held by the company, but regional, redemptive trusts located globally.”
Read more: Knox Wire announces the launch of trustless gold-backed currency.
The website is now offline.
PureGold
Name: PureGold (PGT and PGG)
Location: Singapore
Website: puregold.io
Puregold is a payment gateway using gold-backed cryptocurrency. They offer two digital tokens called PGT for transactions; and PGG which is a crypto asset backed by physical gold.
The company uses physical gold (of 999.9 quality) as its security. Puregold’s gold reserves equal or exceed its circulated amounts of PGG gold-backed tokens. The physical gold is stored by a third party in a decentralized storage unit that Puregold stores investment-grade gold, gold jewellery, small ingots (up to 100 grams), and coins.
Puregold was part of puregold.com.sg, which is a private mint in Singapore with its own in-house factory producing gold and bars. The Puregold gold-backed cryptocurrency project is now closed.
Pyrrhos Gold
Name: Pyrrhos Gold (PGOLD)
Location: Sliema, Malta
Website: backed-by-gold.com
Pyrrhos Gold (PGOLD) is an asset-backed token where thousand token represents one gram of gold bar, stored in professional vault facilities. Anyone who owns ERC-20 Ethereum-based PGOLD has ownership rights to that gold under the custody of Pyrrhos Trust Company.
The website has since gone offline with no updates on what happened.
Reales
Name: Reales (RLS)
Location: Tallinn, Estonia.
Website: realescoin.io
Reales coin was a token that combines a basket of precious metals and cryptocurrencies. The breakdown of each token is 10% physical gold, 35% physical silver, 20% Bitcoin, and 20% for ICO’s and alt-coins (total 85%). The remaining 10% was for the company’s budget and 5% for operational costs.
An ICO was held in 2018 and didn’t reach their softcap.
Royal Mint Gold
Name: Royal Mint Gold (RMG)
Location: London, England.
Website: royalmint.com
The Royal Mint planned to team up with CME Group (the derivatives marketplace) to offer bullion on the blockchain. Royal Mint Gold (RMG) proposed to offer real gold, stored in The Royal Mint vault, and traded on a digital trading platform provided by CME Group. It would have been available through third-party investment intermediaries such as banks and brokers. The project was abandoned in October 2018.
S39 Gold
Name: S39 Gold (S39G)
Location:
Website: s39gold.com
“S39G works by creating a digital representation of physical gold, which is held in a secure vault or storage facility. Each token is backed by a certain amount of gold, which is held in reserve to ensure that the token’s value remains stable.”
The website is now offline.
Press Release: Ground breaking new gold-backed token S39G offers a unique investment opportunity for crypto investors across the planet – [29/03/23]
Secured Gold Coins
Name: Secured Gold Coins (SGC)
Location: Melbourne, Australia.
Website: securedgoldcoin.com
Secured Gold Coins (SGC) is a hybrid cryptocurrency that is 60% gold-backed, 40% utility, and completely decentralized based on Blockchain technology.
SGC Coins went on sale in 2019, but the site and social media accounts have gone quiet and the sale link isn’t working. The website is now offline.
Sudan Gold Coin
Name: Sudan Gold Coin (SGC)
Location: Dubai, U.A.E.
Website: sudangm.com
Sudan Gold Coin is a gold mining business with blockchain technologies that offers a fair distribution of profit. Each token at the beginning will be tied to the 0.05g of gold per token. More gold is added to each token as the gold is physically mined. The mine is located in a study area of over 8000 Km2 in the Northern State of Sudan. The Dubai SG mining Co controls 100% of the Sudanese mining company. ICO ends 30 January 2019.
The site has since closed with notification of legal action lodged by Netarc AG, against the promoters of SGC (Sudan Gold Coin and its Initial Coin Offering) due to false representation and public defamation.
Tether Gold
Name: Tether Gold (GLDT)
Location: ?
Website: tethergold.com
A press release was posted about an ICO for Tether Gold in December 2017. It appears to be inspired by Tether (USDT), which is pegged to the US Dollar. In this case 1 GLDT = 1 Oz / 31.1 Grams .9999 AU GOLD. There was a South African contact number. The website looked hastily thrown together and soon disappeared. In 2020 the original Tether released Tether Gold (XAUt).
The Midas Touch Gold
Name: The Midas Touch Gold (TMTG)
Location: Seoul, South Korea.
Website: dgex.io
The TMTG Project is composed of three main elements:
TMTG Tokens:TMTG coins is as a utility token, are used only as a means of purchasing virtual currency on the DGE platform.
MDG Tokens: MDG is a token that is only tradable on the DGE platform which is pegged to 1g of gold as a certificate. MDG Tokens can be purchased on the DGE Platform with TMTG Tokens.
Digital Gold Exchange (DGE): DGE is an online exchange where TMTG tokens can be used to purchase MDG Tokens or real gold.
The Mining Co.
Name: The Mining Co. (TMC)
Location: Nevada, USA.
Website: theminingcompany.club
The Mining Co. is a mining company in Nevada that are raising funds for a gold mine via an ICO. TMC tokens are backed by the gold mine, so there is no set value for the token until gold is mined. The value of the token will increase according to mined gold. The website says it’s “the first cryptocurrency to be asset-based”, so they’re obviously not readers of my blog 🙄
Tiberius Coin
Name: Tiberius Coin (TCX)
Location: Zug, Switzerland.
Website: tiberiuscoin.com
Tiberius Coin is an asset-backed token made up of an alloy of metals, including gold. The metal is held and audited by independent warehouses, and available for delivery upon request. Every token includes:
Technology metals: 25g copper, 5g tin
Electric Vehicle metals: 25g aluminium, 6g nickel, 1g cobalt
Stability metals: 3mg gold, 1.5mg platinum
The Initial Metals Sale (IMS) in October 2018 was put on hold due to the fact that “credit card processors were going to make investing in Tiberius Coin difficult”. The site has since gone offline with no updates.
TokenOro
Name: TokenOro (ORO)
Location: Bend, Oregon, USA.
Website: tokenoro.com.
When you purchase a TokenOro token, 50% will go to purchase, gold bullion, gold bullion certificates and/or cash that will be placed in a secure, insured gold vault and 50% will go into mining production and company operations.
The site has since gone offline and there have been no social media updates.
TPX Gold
Name: TPX Gold (TPX)
Location: Birmingham, UK.
Website: tpxnetwork.com
TPX Gold is gold registered and traded on the blockchain. 1 TPX equals 1 gram of gold. All gold is London Bullion Market Association (LBMA) approved 999.9 fine gold, stored by Brinks and fully insured by Lloyds of London.
The website is now offline.
Troy Gold
Name: Troy Gold (GOLD)
Location: Malta.
Website: troy.gold
TROY’s token, known as GOLD, provides the opportunity to purchase TROY’s gold products using the Blockchain. Gold mined by Bullseye Mining ltd (Australia) will be used to create TROY’s gold products. Bullseye’s gold will be stored in vaults at the government-controlled Perth Mint – Australia. TROY’s GOLD tokens will be issued on the Ethereum platform.
The site is now offline with no recent social media updates.
TrueGoldCoin (TGC)
Name: TrueGoldCoin (TGC)
Location: Charlestown, Saint Kitts and Nevis.
Website: truegoldcoin.com
TrueGoldCoin holds titles for more than 1,800 hectares of mining rights in Colombia. The company that owns True Gold Coin has the license to issue TrueGoldCoin tokens up to a maximum of 10% of the gold reserves held by the trust.
The website is now offline.
TrueSPAC Gold
Name: TrueSPAC Gold (tGLD)
Location: Sheridan, WY, USA.
Website: gold.truespac.com
TrueSPAC digital gold, physical gold, gold NFT. tGLD tokens can be used as crypto or NFT.
The website is now offline.
TxGold
Name: TxGold
Location: Texas, USA.
Website: restore.money
TxGold is a gold-backed currency with near-zero transaction costs (for both sending and receiving), and settlement times of 2-4 seconds. Backed by redeemable gold coins, which are stored and secured in the state of Texas (and insured by Lloyd’s of London). Users can get started by exchanging fiat or cryptocurrency for TxGold, or by sending their own physical gold coins.
TxGold was available on the open-source Stellar platform, but it has since been decommissioned and TxGold will no longer mint/offer new tokens. After January 31, 2020, TxGold tokens will no longer be redeemable for physical gold.
USDReserve
Name: USDReserve (USDR)
Location: Switzerland.
Website: usdreserve.org
USDR tokens are pegged with the U.S. dollar on a 1:1 ratio and backed by 100% reserves. The supply of the tokens is expanded only when processing mined gold. This implies that every new coin so released is totally backed by gold.
The website is now offline.
USDVault
Name: USDVault (USDV)
Location: Switzerland.
Website: vault.ch
USDVault (USDV) was a proposed stablecoin, pegged 1:1 to the US Dollar. USDV was planned to be fully backed by, and redeemable for, gold held in Swiss vaults directly via 3rd party fiduciaries. The USDVault token was expected to launch in late 2018. The project has since closed down.
Value Units
Name: Value Units (VUS)
Location: Hong Kong.
Website: v-units.com.
Value Units is a decentralized blockchain covered with physical gold that is stored in various Swiss army bunkers.
The website has since gone offline with no explanation.
White Dollar
Name: White Dollar (WD)
Location: Budapest, Hungary.
Website: whitedollar.org
The White dollar (WD) is a digital currency powered by Bitcoin (digital gold) and pure gold. The WD formula is represented by 1 WD = 0.001 BTC (1g of digital gold) + 1g gold in US dollars.
The site was announced in 2020 and was supposed to launch in 2021. The website is now offline.
X8currency
Name: X8currency (X8C)
Location: Zug, Switzerland
Website: x8currency.com
X8Currency is positioning itself as a stable token for crypto investors. X8C is an Ethereum token, 100% backed by a combination of 8 fiat currencies and gold. Each token is represented with assets deposited in bank accounts. Gold is held in physical reserves in the format of gold coins. The percentage of each currency and gold is unclear.
Thw website is now offline.
Xaurum
Name: Xaurum (XAUR)
Location: Crystal Palace, BTC City, Ameriška ulica 8, Ljubljana, Slovenia
Website: xaurum.org
Xaurum is coined by exchanging the mined value for physical gold, stored as the CommonWealth gold reserves. It was first coined on a PoS Blackcoin blockchain, and has transitioned to Ethereum.
The site has since gone offline and there has been no social media updates since 2019.
xbullion
Name: xbullion (GOLD)
Location: .
Website: xbullion.io
The xbullion token (GOLD) is a digital asset representing 1 gram of investment-grade gold bullion. Backed by 1kg .9999 gold bars sourced from some of the world’s most reputable suppliers.
The website is now offline.
XGold
Name: XGold Coin (XGC)
Location: Punta Arenas Building, 13 Floor, Cincuentenari, Coco de Mar 79 East Panama City, Panama.
Website: therealxgold.com.
XGold Coin (XGC) is a gold-backed digital crypto-currency option. The price of one XGC Coin at initial pricing is based on a single gram of gold.
The site is now offline.
ZenGold
Name: ZenGold (ZGC)
Location: China.
Website: zengold.org
ZenGold from China is a cryptocurrency is backed by physical gold. Each ZNG token represents 1 gram of 99.99% Gold reserved in the Shanghai Gold Exchange Vault.
The website is now offline with no updates.
List update
If there are any gold-back cryptocurrencies that are missing (or have been reanimated), leave a comment or contact us.
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