TRUGOLD

TruGold is an electronic distribution system to digitize the production of gold for peer-to-peer daily transactions, trading for other digital currencies–or to redeem for physical gold.

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There are certain properties that are ideal for money. Digital Gold has all features of gold without the traditional security drawbacks.

About Us

Blockchain and Industry

Blockchain technology is disrupting industries like supply chain, payment networks and banking by creating a decentralized fair and equal system.

Payment Network

Blockchain-driven decentralized payment network that allows for fast and convenient payments and peer-to-peer transactions. 

Blockchain Television

Decentralized media broadcasting and television network for distributing profits paid by affiliate advertising networks.

Key Features

Digital Gold is ideal money

There are certain properties that are ideal for money. Digital Gold has all the valued properties of gold without the drawbacks.

Redeem for physical gold

Gold is physically stored with third-party custodian vaults where it can be redeemed for using Digital Gold Tokens.

Gold Supply Chain Management

The network incorporates blockchain and IoT technology to monitor supply chain activities and prove the provenance of gold.

Smart Contracts

Smart contracts can facilitate, verify, or enforce the execution of contracts between two or more parties using preprogrammed logic.

Trade for Merchandise

Trade for merchandise through the CJCLive platform.                                     

Hedge against volatility

Digital Gold can provide a stable store of value and can be used to hedge against other digital assets losing value.

Rewards

By staking TRUGOLD tokens, users are rewarded with specific amounts of tokens according to the block reward.

Community Voting

Use cases for TRUGOLD tokens also include participation rights in procurement of mining projects.

Why Us?

Trugold is the solution for gold procurement

TRUGOLD tokens are used to trade digital gold, build smart contracts and access the TruGold Network. The network provides access to trade responsibly-produced gold that has been stored with trusted third-party custodian vaults and tokenized for peer-to-peer transactions on the blockchain. Selected mining companies are given the opportunity to supply gold to the network and services are provided to authenticate gold received and stored with trusted third-party custodians. 

  • Proof-of-stake (PoS) Consensus Model
  • Smart Contracts
  • Digital Gold Payments Network

BLOCKCHAIN TECHNOLOGY

A blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography. A blockchain can serve as an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way. Frequently, blockchains are managed by a peer-to-peer network which requires collusion of the network majority in order to change previous blocks. This enables decentralized consensus and makes blockchains inherently resistant to data modification without the need for trust of a central party.  In turn, this makes blockchains suitable for recording of events, identity, transactions, provenance, property titles, supply chains and food traceability, among many others.

  • Innovative distributed ledger technology
  • Consensus is confirmed by the majority of the network
  • Instant, on-demand settlement

We plan to be featured in

Many popular crypto & blockchain publishing

MEDIUM OF EXCHANGE

Digital gold can be used to exchange value and facilitate the sale, purchase or trade of goods.

  • Exchange value
  • Facilitate trade
  • Buy goods and services
  • Fast settlement

Stable store of value

Digital gold can provide a stable store of value and hedge against other digital assets losing value.

  • Store value
  • Hedge against volatility
  • Hold long-term
  • Easily Cash-out

Rewards and Incentives

A proof-of-stake system will reward users who stake tokens to help secure the network.

  • Proof of Stake
  • Earn rewards
  • Redeem for gold
  • Automatic payouts

Supply Chain Automation

Blockchain technology is used to validate provenance of gold and establish trust.

  • Provenance of gold verified
  • Processes are time-stamped
  • Stored on the blockchain
  • IoT devices enable automation

Words from blockchain gurus

  • Larry Summers
    Larry Summers, US Former Treasury Secretary

    “I’m reasonably confident … that the blockchain will change a great deal of financial practice and exchange” and “40 years from now, blockchain and all that followed from it will figure more prominently in that story than will bitcoin.”

  • Mike Novogratz
    Hedge fund manager, Galaxy Digital Assets

    ”Ten percent of my net worth is in this space”.

Token allocation

Allocation of proceeds
  • TokenTRUGOLD
  • Total Supply300,000,000 TRUGOLD
  • Pre-ICO 20 Aug 18 - 30 Sep 18
  • Pre-ICO Amount7000 TRUGOLD
  • ICO20 Feb 19 - 20 Aug 19
  • ICO amount66,000,000 TRUGOLD

*Unsold tokens from the ICO period will be burned

Why Buy Trugold?

Access to fully decentralized peer-to-peer digital gold trading–a better way to exchange value.

Blockchain technology is cryptographically secure and its ledger is distributed across all nodes in the system.

Smart contracts can facilitate an enforceable gold transaction between two or more parties using preprogrammed logic.

Users are rewarded with specific amounts of tokens by staking TRUGOLD tokens.

Roadmap

Milestones in our progress
1

Idea development

August 2017
2

White Paper Development

March 2018
3

Private Presale

August 2018
4

Acquisition Identified

September 2018
5

CJC media currency

September 2018
6

International Expansion

August 2019
August 2017

Idea development

The idea for creating a gold supply chain that also functions as a payment network was born. Since blockchain technology allows us to perform permission-less transactions, we can now cryptographically secure digital gold transactions in a peer-to-peer ecosystem--making gold a very liquid asset.

March 2018

White paper development

White Paper was drafted and developed on this date and has gone through some revision since the idea was first conceived. 

August 2018

Private Presale

The Private Presale is taking place for early participants of the Trugold Network.

September 2018

Acquisition Identified

Acquisition process of purchasing property containing a gold mine.

September 2018

CJC media currency

TRUGOLD is established as a utility token on the CJCLIVE Private Network. CJCLIVE will use the TRUGOLD token as a media currency on its private television network.

August 2019

International Expansion

International expansion of TruGold and the CJC Network is planned to take place on or before August 2019.

Executive team

Michael Neal

Co-founder

Charley Wall

Co-founder

Project Advisors

Ben Finch

Advisor

Uni Yost

Advisor

Whitepaper

TruGold is an electronic distribution system to digitize the production of gold for peer-to-peer daily transactions–or to redeem for physical gold. 

Disclaimer: White paper is subject to revisions and change. TruGold is not an investment and is only intended for use as a consumable product tradeable for goods or services.

Partners

Thanks to our partners who made it happen