XGoldCOIN

XGold Coin (XGC) is a gold backed digital crypto-currency option. What makes it different from the 1000 or so other crypto-currency choices available is that it has Real Physical Value: it is in fact valued against Real Physical Gold. The price of one XGC Coin at our initial pricing is based on a single gram of Gold. That makes the XGC Coin’s initial value the equivalent of $40.00 USD today. But, is it worth that? XGC is worth that and more! Here’s how:

XGold Company operates by “buying and selling” Gold. XGold buys low and sells higher. The spread – the profit made on the transaction – is reinvested in the purchase of more Gold, the profit made is also reinvested in advanced production equipment to increase Gold production, and further, profit made in the form of “profit sharing” is used to sell Gold at a discount to traders of XGold Coins. And, what’s more, each XGold Coin is redeemable at the XGold Bullion Centre for Real Physical Gold.

Concomitantly, XGold Coins gain momentum because they understandably have an underlying minimum redemption value. And, XGold Coin traders begin to use XGC in exchange for other goods and services. As XGC increases in popularity it begins to gain value beyond its underlying asset price. It gets used in areas like “trade remittance” where nations like “India or Mexico” for example, who value Gold very highly and trust the value of Gold to be stable begin to see it as a vehicle for utility. And, as transactions fly around, data-mining increases in activity and in cost and thus extrinsically push the utility of XGC up and increase the total value of the Coin.