Cryptocurrency attributes
Other attributes
The GoldPesa Option token is an exotic option with a moving strike price. Each $GPO token represents an option to purchase 1 GoldPesa ($GPX) token in Phase 2 at spot gold price + 1%.
GoldPesa (“GPX”), a tokenised gold-backed structured product created using innovative financial engineering and quantitative science.
GPX is a unique asset-backed hybrid token whereby one token is backed by one gram of a physical gold, stored in secure vaults.
GPX gives customers the benefits of physical ownership with the speed and mobility of a digital asset. In addition token holders are able to have fractional ownership of physical bars and the upside of the crypto markets which makes GPX a hybrid gold-backed token with upside and NOT a stable coin.