$QMGT
the next Generation of gold
Created
January 30, 2024
Network
Quantum Metal Chain (QMC)
Status
Live
Infrastructure
The Quantum Metal Gold Token ($QMGT) is the first project in the QM Web3 Ecosystem designed to bridge the gap between traditional gold investment and Web3. $QMGT will be used for multiple use-cases including: lending, staking and usage in Quantum Metal’s Web2 business.
Created
August 30, 2024
Network
Quantum Metal Chain (QMC)
Status
Live
Key Features
- Gold Backing: Each $QMGT token is directly linked to and represents ownership of 1 gram of physically stored gold.
- Liquidity: $QMGT plans to offer 24/7 market accessibility and convenience.
- Redemption: Token holders can choose to redeem their $QMGT tokens for their equivalent value in stablecoins (USDT, USDC) via the QM DeFi platform.
- Expandable, Audited Supply: $QMGT supply can be responsibly increased only when backed by additional gold, with rigorous audits ensuring transparency.
- DeFi Rewards: Hold, stake, or lend $QMGT to earn rewards.
- Web2/Web3 Integration: $QMGT token is planned to be integrated with the existing QM Web2 ecosystem.
Benefits
- Asset Stability: $QMGT has the inherent value and stability of physical gold.
- Asset Appreciation: $QMGT tokens have the potential to appreciate in value driven by both gold prices and market demand.
- Accessibility: $QMGT makes gold investment more accessible through fractional ownership via tokens.
- DeFi Integration: Participate in decentralized finance opportunities for additional potential earnings.
65%
Gold Acquisition
This portion is planned to be used to acquire more gold.
10%
Team
Supports the team developing and maintaining the $QMGT project.
15%
Ecosystem Development
Used for marketing and tech development
10%
Liquidity
Ensures sufficient $QMGT availability for trading.
$QMGT presents a new and exciting way to enter the gold market through the user-friendly realm of blockchain. By blending gold’s intrinsic value with decentralized finance technology, $QMGT offers stability, liquidity and rewards as the first project in the QM Web3 Ecosystem.